HDFC Bank, India’s Biggest Private Lender, Says Net Profit Jumps 18.5%
MUMBAI (Reuters) – HDFC Bank, India’s largest private lender, on Saturday reported a 18.5% jump in net profit for the…
Qatar, UAE Energy Ministers Say Gas Will Be Needed For Long Time
ABU DHABI (Reuters) – The world will need natural gas for a long time and more investment is required to…
UBS Has No Desire To Buy Credit Suisse, Chairman Tells Newspaper
ZURICH (Reuters) – UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said…
Brazil’s Americanas Could Face Up To $8 Billion Early Debt Charges After Accounting Scandal, Court Warns
By Rodrigo Viga Gaier and Tatiana Bautzer RIO DE JANEIRO/SAO PAULO (Reuters) -A Brazilian court said on Friday Americanas SA…
Yellen Warns Of U.S. Default Risk By Early June, Urges Debt Limit Hike
By Kanishka Singh and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the United States will…
U.S. Lawmakers Call FAA Outage ‘unacceptable,’ Demand A Fix
By David Shepardson WASHINGTON (Reuters) -A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its…
U.S. Lawmakers Call FAA Outage ‘unacceptable,’ Demand Fix Plan
WASHINGTON (Reuters) – A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its computer outage…
Tough Road Ahead For U.S. Fintech Lenders As Default Risk Rises
By Matt Tracy (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year…
China Acquires ‘golden Shares’ In Two Alibaba Units
BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group…
Wall St banks stockpile funds, see uncertain outlook and competition for deposits
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for…