Bloomberg Bad debts at Indian lenders, especially state-run banks, have climbed to a 15-year high and may increase further, a central bank study showed. Under the baseline scenario in a ‘macro stress test,’ the industry’s gross bad-loan ratio may increase to 10.2 percent by March 2018 after climbing to 9.6 percent in March 2017, the highest since 2002, according to ...

Bloomberg Venezuela’s “hunger bonds” are now on the market. Goldman Sachs Asset Management, which purchased $2.8 billion of the notes issued by the nation’s state oil company in a controversial transaction in May, began selling some of its holdings over the past few days to create liquidity, according to people with knowledge of the matter. Multiple Wall Street banks are ...

Abu Dhabi / Emirates Business Etihad Airways on Saturday introduced an Airbus A380 aircraft on one of its two daily services between Abu Dhabi, the capital of the United Arab Emirates (UAE), and Paris Charles de Gaulle. The new service has been introduced early to meet seasonal demand from July 1 to October 28 and December 15 to February 15, ...