The Reserve Bank of India said on Friday that the country's banking system remains resilient and stable, amid concerns about the exposure of lenders to the embattled Adani Group. "Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy.
The Reserve Bank of India said the country's banking system remains resilient and stable, amid concerns about the exposure of lenders to the embattled Adani Group. "Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy. The RBI added it remains vigilant and continues to monitor the stability of the Indian banking sector.
- Singapore's Keppel Corp posted a steeper-than-expected drop in annual profit on Thursday hurt by its urban development unit, but forecast China's easing market conditions and policy support to the real estate sector would boost market sentiment.
Indian shares declined after a volatile opening on Tuesday, the final day of Adani Enterprises' mega secondary share sale and ahead of the country's annual pre-budget economic survey.
U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks. On Thursday, American Airlines (AAL), JetBlue Airways Corp (JBLU) and Alaska Air Group (ALK) forecast better-than-expected full-year earnings.
-U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks. On Thursday, American Airlines (AAL), JetBlue Airways Corp and Alaska Air Group forecast better-than-expected full-year earnings.
U.S. airlines on the back of strong financial results remain upbeat about travel demand, even as economists and analysts say the risk of an economic recession has gone up. United Airlines and Delta Air Lines reported higher-than-expected quarterly earnings on resilient consumer demand, while American Airlines lifted its profit outlook.
U.S. airlines on the back of strong financial results remain upbeat about travel demand, even as economists and analysts say the risk of an economic recession has gone up. United Airlines and Delta Air Lines (DAL) reported higher-than-expected quarterly earnings on resilient consumer demand, while American Airlines (AAL) lifted its profit outlook.
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The airline industry plans to invoke EU rights to freedom of movement to push back against environmental restrictions on short-haul flights, officials in the sector said, following a partial ban in France approved by Brussels in December.
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