Abu Dhabi’s IPIC Posts Loss After $1 Billion UniCredit Writedown

Abu Dhabi sovereign fund International Petroleum Investment Co. posted a first-half loss after its shares in UniCredit SpA slumped. IPIC recorded a loss of $91 million compared with a $1.25 billion profit a year earlier, the Abu Dhabi-based company said in …
( read original story …)

Related Post