Friday, March 22, 2019

Fashion Week Parties: Night 4

All right. Well, take care yourself. I guess that's what you're best, presence old master? A tremor in the Force. The last time felt...

Bank of America completes Brexit switch to Dublin

DUBLIN: Bank of America finished moving its banking and markets operations in Europe to a new base in Dublin from London, the bank said...

ECB sees scope for further consumption boom

FRANKFURT: Private consumption in the euro zone has further room to grow, likely driving economic expansion even as external headwinds multiply, the European Central...

GCC banks and regulators see new opportunities in mergers

Dubai: Once a taboo in the GCC bank boardrooms, the option of a merger has become more acceptable, thanks to the recent successful mergers...

Fitch upgrades Indonesian state-owned banks

Jakarta: Fitch Ratings has upgraded the Viability Rating (VR) of Indonesian state-owned bank, PT Bank Rakyat Indonesia (Persero) Tbk (BRI), to ‘bbb-‘ from ‘bb+’....

Barclays profits slip as bank sets aside £150m for Brexit

LONDON: Profits missed estimates at Barclays last year, the bank revealed, as it set aside £150m for Brexit and paid out billions of pounds...

London attractions adopt Alipay to boost tourism

LONDON: Tourist attractions around the world are stepping up their efforts to deploy Chinese mobile payment methods as the country’s outbound tourism market has...

Facebook gave data on user’s friends to certain companies

SAN FRANCISCO: Facebook Inc let some companies, including Netflix and Airbnb, access users’ lists of friends after it cut off that data for most...

ABN Amro sheds 250 jobs as it shrinks corporate bank

AMSTERDAM: Dutch bank ABN Amro said on Wednesday it would shed 250 jobs as it shrinks its international corporate bank activities to increase profitability....

Huawei’s operations expand global reach

SHENZHEN: Even though it faces security allegations in several developed markets, Chinese technology major Huawei said that its global operations remain stable, with businesses...

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