India’s Yes Bank Surprises With Strong Quarterly Profits And Improved Asset Quality

Yes Bank, based in India, reports robust quarterly profits exceeding expectations.  The bank’s asset quality improves significantly, with a notable decrease in provisions for bad loans.  Analysts express optimism about Yes Bank’s performance amid challenging market conditions. Eko hot blog reports that In a recent financial report, India’s yes bank, headquartered in Mumbai, revealed a … Read more

Shell Writes down $2.3bn On Weaker Economic Outlook

Shell Writes down $2.3bn On Weaker Economic Outlook

Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook. In a trading update ahead of full year results, Shell also lowered its oil products sales forecast, pointing … Read more