Search For Keyword.

Business

AmEx profit rises 19 percent on loan growth

(Reuters) - Credit card issuer American Express Co (AXP.N) reported about 19 percent jump in quarterly profit as higher billings and loan growth helped offset a jump in costs. Net income attributable to common shareholders rose to $1.36 billion, or $1.50 per share, in the third quarter...

Qatari banks to cut dollar sales to foreign lenders

(Bloomberg)- Some Qatari banks are becoming less willing to sell dollars to foreign lenders amid a lingering regional standoff with a Saudi-led alliance, according to people familiar with the matter. Foreign exchange activity between local and international banks is almost at a standstill, the...