Spain's BBVA bank sees profits slump
Madrid - AFP
Spain's second largest bank, BBVA, reported third-quarter net profits of 804 million euros Wednesday, down 29.5 percent from the same period last year, blaming market turmoil. The result was below the consensus forecast of 840 million euros from analysts polled by Dow Jones Newswires. The bank said net interest income, the difference between loan income and what the bank pays out on deposits, beat market expectations, rising 1.3 percent to 3.286 billion euros against a forecast 3.218 billion. BBVA bank said in a statement that during the third quarter it faced "maximum stress" from liquidity pressure and the eurozone sovereign debt crisis.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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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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