American Express Defies Slowdown Fears with Robust Profit Gains ...Middle East

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American Express Defies Slowdown Fears with Robust Profit Gains
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American Express has exceeded Wall Street's first-quarter profit expectations, as premium customers maintained their spending patterns despite concerns of an economic slowdown. The credit card company's profits rose 6% to $2.58 billion, equating to $3.64 per share.

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