Ericsson to write down 1.4 billion euros in fourth quarter
Ericsson to write down 1.4 billion euros in fourth quarter
london - Emirates voice
Swedish telecoms equipment maker Ericsson on Tuesday said it would write down 14.2 billion kronor (1.4 billion euros, $1.8 billion) in assets as the troubled company struggles to compete in a rapidly changing sector. The company wants to sell the two units to focus on its core business, which is network infrastructure. In addition to the writedowns, Ericsson also announced a 1.0 billion kronor non-cash tax charge due to US tax rates being cut from 35 percent to 21 percent this month.
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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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No end to eyesores at Taj Mahal
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Iran incapable of closing Hormuz, Bab Al Mandeb
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Skincare PR Performance Full Year 2017
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Microsoft to open 4 data centres
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Amazon to open first cashierless shop
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Farm-fresh from Kerala to the UAE, in just one day
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French Open braced for washout
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Barcelona court replaces Messi's prison sentence with $290,000 fine
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McGowan in Dolce&Gabbana dress
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Jordan urges Israel to “immediately” open Al-Aqsa Mosque
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\'When You Leave This Way\', first unfairytale and almost biographical novelGMT 15:34 2012 Thursday ,29 November
Katy Perry announces fragrance partnership
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Ras AL Khaimah to host young global leaders debate
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12-year-old Indian-American girl wins National Spelling Bee
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Trashy literature? No such thing for Turkish refuse collectors
GMT 14:21 2018 Tuesday ,09 January
ICSK Senior organizes yuletide festivities and holiday carousing
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Sharjah Ruler launches third phase of Arabic learning initiative
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UAE construction projects' value rises to almost Dh3T
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Pakistan among top 50 countries with high terror
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Google, Facebook show tech dismay on new immigration order
GMT 10:46 2017 Tuesday ,01 August
UK proposes new start-up fund as EU finance risks drying up
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All rights reserved to Arab Today Media Group 2021 ©
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