HSBC bank: Net profit slides 18% in first quarter
London - AFP
Bank giant HSBC said on Wednesday that its net profit slid 18 percent in the first quarter as lower revenues offset cost cutting but added that bad debt charges fell. Profit after tax stood at $5.069 billion (3.64 billion euros) in the three months to the end of March compared with $6.211 billion in the first quarter of 2013, the British bank said in an earnings statement. "In the first quarter we maintained control of costs," HSBC chief executive Stuart Gulliver said in the statement. He added that "revenue was lower than the previous year's first quarter, which benefited from a number of specific items" and said that "loan impairment charges fell".
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
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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