BNP Paribas Q1 profits fell by 44.8%
Paris - KUNA
BNP Paribas, one of the biggest French banks, Friday announced first quarter profit fall by 44.8 percent. BNP attributed, in a statement, the fall to weak investment revenues and economic recession in Europe in general. It added that net profits in the first three months this year dropped to around 1.6 billion euros (USD two billion). Analysts predicted the fall by around 1.4 billion euros. Although personal banking services witnessed an improvement in the first quarter, it added, the services for companies and investments fell to around 21 percent. BNP Paribas has recently anncounced a three-year plan aimed at saving two billion euros a year.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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