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Global banks to steer clear of Iran until sanctions finally goInternational banks and most insurers are likely to steer clear of dealing with Iran for some time, fearing they could face more fines from US regulators despite this week's nuclear deal between world powers and Tehran. With a More… |
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Budget airline baggage charges cleared by European courtBudget airlines have been cleared by Europe's top court to continue with the business model that has helped the likes of Ryanair and easyJet to flourish by topping up revenue from low headline fares with separate baggage and seating charges. More… |
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Roche plans to steer clear of big acquisitionsRoche plans to steer clear of the wave of big takeovers sweeping through the healthcare industry and focus instead on small acquisitions and partnerships, the Swiss drugmaker's chief executive said in an inte More… |
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Bahrain Shura Council clears 50 bills in a monthBahrain's Shura Council has completed more than 50 items of business in the past month, its chairman Ali Saleh Al Saleh said yesterday (June 23) in a statement that ended the chamber's four-year term. & More… |
NBB steers clear of subprime woesThe National Bank of Bahrain (NBB) had no exposure to the subprime market, which has devastated banks across the globe. That was the message from outgoing chief executive officer and managing director Hassan Ali Juma at the bank's general More… |
