GENEVA: Switzerland’s largest bank UBS has posted a 53 percent rise in second quarter profits, in its first results since agreeing to plead guilty to fraud as part of the Libor manipulation case.
MILAN: Automaker Fiat Chrysler will pay a record $90 million for lapses in recalls of its vehicles under a deal reached with US regulators, the company said.
NEW YORK: Delta Air Lines will buy a stake in China Eastern Airlines as the two carriers strengthen their partnership serving the United States and China, the companies announced.
LONDON: Irish no-frills airline Ryanair said that net profits jumped by almost a quarter in the first three months of its financial year, helped by keen demand and cost-cutting.
JEDDAH: Saudi International Petrochemical Co.
JEDDAH: Saudi Arabia's PetroRabigh on Monday said its second-quarter net profit nearly tripled as margins on some of its products improved.
DUBAI: Mouwasat Medical Services Co., one of Saudi Arabia's largest listed healthcare firms, on Monday blamed a 5.6 percent fall in second-quarter net profit on losses from a recently opened hospital
JEDDAH: National Industrialization Co.
KUALA LUMPUR: Discount carrier AirAsia on Monday called for urgent repairs at Malaysia's new budget airline terminal, claiming the tarmac was "sinking".
RIYADH: Saudi Basic Industries Corp. (SABIC) plans to expand investment in US shale gas projects through joint ventures, according to acting CEO Yousef Al-Benyan.
© Copyright of Arab News 2015