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Wells Fargo Posts $4.6 Billion Profit, Up 17%
Wells Fargo reported its 10th consecutive quarter of earnings growth as a result of a booming business originating and refinancing mortgages. The bank’s second-quarter profit was a record $4.6 billion, a 17 percent rise from the $3.9 billion profit it reported a year earlier. The San Francisco-based company earned 82 cents
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VW has fixed fewer than half of UK cars hit by diesel scandal
LONDON Volkswagen (VOWG_p.DE) said it has so far fixed fewer than half of the 1.2 million cars affected by the diesel emissions scandal in Britain, 18 months after the revelations first came to light. The German carmaker admitted in September
South Korean prosecutor seeks arrest warrant for Samsung chief
SEOUL South Korean special prosecutor's office said on Tuesday it is seeking an arrest warrant for Samsung Group [SAGR.UL] leader Jay Y. Lee as
Bidzi forays into the UAE to revolutionise M&A market for SMEs
Mergers and acquisitions within the small and medium-sized enterprise (SME) sector in the UAE are expected to undergo significant transformation, as Bidzi, an emerging player in the digital M&A space, expands its operations into the region. Known for its innovative
