Italian bank unicredit reports record €14bn loss
Rome - QNA
Italy’s biggest bank, UniCredit, has reported a record annual loss of 14bn euros (?11.7bn; $19bn) and said it plans to cut 8,500 jobs.The bank, Italy’s biggest by assets, put aside 13.7bn euros to cover losses from bad loans in 2013.UniCredit is trying to take stock of its financial position before European regulators conduct an industry-wide health-check in the coming months.The planned job cuts will see the bank lose about 6% of its workforce by 2018, reported the BBC.The bank’s huge loss, largely due to troubles in Italy and Eastern Europe, was one of the worst suffered by a European bank since the beginning of the financial crisis.
- Friday ,16 November GMT 15:05 2018 World Bank Regional Vice President First Visit to West Bank and Gaza
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and Gaza
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
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
GMT 08:25 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to Jerusalem
GMT 16:11 2018 Friday ,07 December
Iraqi singer Kadim Al Sahir returns to Dubai Opera stage
GMT 08:09 2018 Monday ,10 December
Lebanon’s property market ‘on the brink of collapse’
GMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisis
GMT 02:56 2017 Friday ,15 December
Will Trump send Americans to the Moon? Money talks
GMT 21:26 2017 Monday ,06 February
Iraq calls on US to review ‘wrong’ travel ban
GMT 08:38 2017 Tuesday ,14 February
Engine maker Rolls-Royce logs record loss of £4.0bn
GMT 12:36 2017 Monday ,27 March
Lucasfilm lost sleep over uncanny resurrections of 'Rogue One'
GMT 03:49 2017 Saturday ,22 April
US Treasury will not waive Russia sanctions for oil companies
GMT 18:55 2017 Thursday ,09 March
Australian service marks third anniversary of MH370 tragedy
GMT 05:38 2015 Monday ,14 September
Apple recalling iPhone 6 Pluses to correct their iSight
GMT 05:32 2017 Sunday ,23 July
Weaker oil prices weigh on Dammam real estate market
GMT 14:17 2018 Thursday ,06 September
Gazprom-Media and Yandex discussing amicable agreement
GMT 03:11 2016 Wednesday ,01 June
Nahyan bin Mubarak receives South African minister
GMT 16:43 2017 Saturday ,01 April
OIC Condemns Attack in Pakistan
GMT 07:24 2015 Thursday ,26 March
Royal Jordanian Air Force participates in Saudi-led operation against Iranian-backed Houthi fighters
GMT 09:26 2017 Friday ,17 February
Russian Spy Ship Spotted 30 miles Near US Naval Base
GMT 07:16 2016 Tuesday ,28 June
Egypt is Ghana' s biggest threat
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor