Barclays bank: First-quarter profits halve, takes new forex charge
British bank Barclays
London - Arab Today
British bank Barclays said Wednesday that first-quarter net profits halved after taking another £800 million ($1.2 billion, 1.1 billion euros) provision for costs over its alleged role in foreign exchange market rigging.
Net profit or earnings after taxation sank 52 percent to £465 million in the three months to the end of March, compared with a year earlier, Barclays said in a results statement.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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