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BUSINESS

Fines, pandemic slash Westpac profit 66%

AFP, Published on 02/11/2020

» SYDNEY - Australia's Westpac bank suffered a 66 percent plunge in net profits in fiscal 2020, hammered by the coronavirus economic downturn and a record fine for breaches of money-laundering laws, it said Monday.

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BUSINESS

From hummus to high-tech: Israel CEOs seek 'friends', deals in UAE

AFP, Published on 02/11/2020

» DUBAI - If you had asked Israeli businessman Yehonatan Ben Hamozeg earlier this year where he'd be pitching his palm tree saving technology in October, there was no chance he would have said the United Arab Emirates.