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Bloomberg State Bank of India, the country’s largest lender by assets, posted the slowest profit …
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Sweden’s central bank cuts key interest rate
Stockholm / AFP Sweden’s central bank on Thursday cut its key interest rate by 15 …
Read More »IILM to sell US$1.34bn of bills in biggest Islamic offering
Bloomberg International Islamic Liquidity Management Corp., which counts nine central banks as its shareholders, plans …
Read More »Azeri bank overhaul ends after seventh lender shut
Bloomberg The Azeri central bank said the job of overhauling the financial industry is almost …
Read More »Deutsche Bank CoCo holders face brunt of risk
Bloomberg When European regulators created a new type of bank debt, the idea was to …
Read More »Home prices up in USA metro areas
Bloomberg Home prices rose in 81 percent of U.S. metropolitan areas in the fourth quarter, …
Read More »Damac profits fall in the final quarter of 2015
Manhattan / Bloomberg Dubai’s Damac Properties reported a 12 per cent fall in fourth-quarter net …
Read More »Metro sales up in Q1
Berlin / AFP German retail giant Metro said on Thursday that profits rose strongly in …
Read More »Private-plane purchases drop as commodities market shakes
Bloomberg Spending on business aircraft fell 3.1 percent last year as a commodities downturn crimped …
Read More »Whole Foods forecasts key sales could slip for year
AUSTIN/ AP Whole Foods says its sales at established locations slipped in its fiscal first …
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