Profit margins at Chinese banks will be squeezed next year and credit growth is likely to slow as increasing regulation eats up capital, Fitch Ratings said. The lending businesses of the country's smaller banks face the most pressure and they will rely more on larger state-owned rivals for liquidity, the
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A tough year for U.S. retailers enters a critical stretch as Black Friday kicks off the holiday shopping season. On one hand, economic conditions are good.
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Audit and accounting firm Grant Thornton has appointed Michael McAteer as its next managing partner. He will succeed Paul McCann in the role from January 1st, 2018. Mr McAteer is currently head of advisory services with the firm and joined Grant Thornton in 2008. He has been one of the
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This year is projected to be one of the busiest Thanksgivings in a dozen years for travelers. Whether you're driving, flying or sitting on the couch and waiting for relatives to come to visit, here's what you need to know about one of the busiest …
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Uber Technologies Inc. disclosed its massive data breach to prospective investor SoftBank Group Corp. before revealing the details to the public. The disclosure came as SoftBank conducts due diligence on the ride-hailing company ahead of a potential investment, Uber said in an emailed statement.
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