Foreclosures in China Soar, Threatening to Choke Off Bank Profits
by When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.
Tag: Profits
In Botswana’s Election, Diamond Profits Are a Defining Issue
The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made …
How Taxpayers Are Helping Health Insurers Make Even Bigger Profits
Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.
Saudi Aramco’s Q3 Profits Decline Amid Market Pressures
Saudi Aramco is projected to report a significant decrease in its third-quarter net profit, with analysts anticipating a decline of approximately 20% compared to the …
Mercedes-Benz Reports Over 50 Percent Drop in Profits
German luxury carmaker Mercedes-Benz announced a staggering decline of more than 50 percent in its third-quarter profits, attributing this downturn primarily to a significant slowdown …
First Abu Dhabi Bank’s Q3 Profits Surpass Expectations with $1.2 Billion Boost
First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates, has reported a remarkable performance for the third quarter of 2024. The …
Will Singham Again Restore PVR’s Profits?
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Adnoc Gas Reports All-Time High Profits for Q2
Arabian Post Staff -Dubai Adnoc Gas has achieved a record-breaking net income of $1.2 billion for the second quarter of 2024, marking the highest quarterly …
Qatar Airways Takes Flight with Record Profits
Qatar Airways, the national carrier of Qatar, has reported a significant financial upswing, fueled by a surge in international travel. The airline announced a full-year …
Wall Street Lands on India, Looking for Profits It Can’t Find in China
Mumbai, India’s financial capital, has seen a lot of new faces over the past year. The heads of global banks have been trooping through, visiting …