CEO of ailing Cyprus bank slams government Plan B
Nicosia - AFP
The chief of ailing Cyprus Popular (Laiki) Bank, the island\'s second largest, Friday slammed the government\'s \"Plan B\" to win an EU bailout, saying an earlier plan to tax deposits would have been preferable. \"Although we knew the gravity of the situation, and the initial proposal of the Eurogroup was painful, it ensured the future of the banking sector,\" Takis Phidias told state radio. The original terms of a rescue plan for Cyprus proposed by the troika of international lenders would have slapped a levy of up to 9.9 percent on bank deposits. It was overwhelmingly rejected by parliament, leaving the government scrambling to put together a Plan B.
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BCCI elections committee holds second meeting
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
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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Syria Kurds urge civilians to take up arms against Turk assault
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Mirages of failure: Lebanon cannot wait
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Ellen Pompeo reflects on Derek Shepherd's death
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Prime Minister Sends Congratulations to President of Pakistan
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Israel confiscate Palestinian land near Halamish
GMT 12:02 2017 Tuesday ,30 May
Temperatures to peak to 40° today in UAE
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Wael Jassar participates in concerts in Cairo
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New enclosure to be installed for baby panda in Belgium
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Active outdoors? This smart watch is for you
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Fleetwood retains Abu Dhabi HSBC Championship title
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Macron bets on horse diplomacy in China
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Amr Diab's manager: No Hijab ban at Cairo Christmas concert
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Russian strike wounds US-backed Syria fighters
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Kohli earns record $2.7 million salary for 2018 IPL campaign
GMT 11:07 2017 Monday ,28 August
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GMT 08:56 2017 Friday ,29 December
Assy Al Helani cancels concert in Qatar
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All rights reserved to Arab Today Media Group 2021 ©
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