The 26-year-old was the eldest of three brothers and had returned to the UAE to spend the holidays with his family
uae1 hour ago
Net income fell to $2.29 billion in the second quarter, or 19 cents a share, from $4.01 billion, or 32 cents, a year earlier, the Charlotte, North Carolina-based firm said on Wednesday in a statement.
Earnings excluding litigation costs were 41 cents a share. The average estimate of 24 analysts surveyed by Bloomberg was 29 cents.
Mortgage-related legal costs continue to dog Brian T. Moynihan, 54, in his fifth year as chief executive officer. Through the first quarter, the bank had booked more than $55 billion in expenses tied to home loans, foreclosures or bonds backed by mortgages, mostly because of his predecessor’s 2008 purchase of subprime lender Countrywide Financial Corp.
The 26-year-old was the eldest of three brothers and had returned to the UAE to spend the holidays with his family
uae1 hour ago
A special edition of the Future of Trade report highlighted major shifts in the global gold trade, predicting an "Asian Century" for precious metals
markets1 hour ago
The weather has added an extra element of suffering to hundreds of thousands of people already displaced, often multiple times, while efforts to agree a ceasefire go nowhere
world2 hours ago
Michael Gracey directs the biopic that brilliantly portrays the British superstar's highs and lows
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The emirate's longest firework and laser drone show will see iconic symbols of Ras Al Khaimah’s natural and cultural heritage formed in the sky
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From December 13 to January 4, racing, sand bashing, and live entertainment take centre stage near Tal Moreeb
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Many food-security experts, aid workers and doctors say famine took hold in Gaza many months ago
world2 hours ago
Hospitals in Gaza have once again become battlegrounds and the health system is under severe threat, says Ghebreyesus
world3 hours ago