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Bloomberg US Bancorp agreed to pay about $600 million to settle US allegations that it …
Read More »US Bancorp to pay $600 million over money laundering
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‘Central bankers can’t afford another setback’
Bloomberg The world’s central bankers are learning that there’s virtually no room for error as …
Read More »ECB talks on stimulus policy wording soon
Bloomberg European Central Bank policy maker Benoit Coeure signalled that officials are close to starting …
Read More »Banks told they are lagging on response to climate risks
Bloomberg Fewer than half the world’s biggest banks are doing enough to forestall climate change …
Read More »UAE offers $500 million for Iraq reconstruction efforts
KUWAIT / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, announced …
Read More »Damac profit hits AED2.8bn
DUBAI / WAM Dubai’s Damac Properties reported a total revenue of AED7.5 billion, a 4 …
Read More »Emaar Properties’ operating profit up 16%
Dubai / WAM Emaar Properties recorded a net operating profit of AED 5.704 billion during …
Read More »Russia eyes multi-million-dollar Saudi deals, Aramco IPO
RIYADH / Reuters Russia is seeking to finalise multi-million-dollar investment deals with Saudi Arabia in …
Read More »Oil market says rout may not be over
LONDON / Reuters As OPEC watches a near 15 percent drop in the oil price …
Read More »Clariant plans SABIC update by July
ZURICH / Reuters Clariant Chief Executive Hariolf Kottmann told investors he would update them on …
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