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China’s ZTE posts 1.1 billion first-half loss on impact from US supplier ban

HONG KONG: ZTE reported a first-half net loss of 7.8 billion yuan ($1.1 billion) on Thursday, weighed down by a ban on US firms...

US fines RBS bank $1.1 billion over pre-crisis mortgages

LONDON: Royal Bank of Scotland on Wednesday said it had agreed a fine of $1.1 billion (982 million euros) with US authorities over the alleged misselling of mortgage securities ahead of the 2008 financial crisis.

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