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Deutsche Bank announces $1.46B profit in Q3

BERLIN: Frankfurt-based Deutsche Bank announced on Wednesday a $1.46 billion in net profit attributable to shareholders in the third quarter of the year, up 11% and above expectations, which came after the bank’s 15th consecutive quarterly profit stre…

Trkiye, World Bank ink $1.9B financing deal for 4 projects

WASHINGTON: Trkiye and the World Bank signed a financing deal of $1.9 billion for four important projects on energy efficiency, flood and drought risk management, green transition, and reconstruction of industrial sites in the earthquake-stricken zone…

Estimates for ‘soft landing’ in US economy on the rise

WASHINGTON: Estimates for a soft landing in the US economy are rising as data signaling slowing inflation and continuing growth contribute to these expectations.

Whether the Fed will end its fight against inflationary pressures with a soft or hard la…