Morgan Stanley swings back to profit
New York - AFP
Morgan Stanley posted a better-than-expected profit for the third quarter on Wednesday, thanks in large part to an accounting revision. The company said it made $2.2 billion in the last quarter on revenues of $9.9 billion, compared to a loss in the same period last year. But the profit was largely thanks to a $3.4 billion gain on revised debt-related credit spreads -- which entails an assessment about the value of the bank's holdings. "Morgan Stanley effectively navigated turbulent markets while consolidating our market share gains with institutional clients and demonstrating resilience across the global wealth management business," said James Gorman, chief executive officer.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:22 2018 Paper industry around famous Chinese lake to be shut down by 2019
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit Indonesia
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 09:42 2017 Wednesday ,18 October
Ahmed Mekki aspires to present a new song
GMT 09:12 2015 Wednesday ,16 December
Suspended FIFA official Napout extradited to the USA
GMT 16:23 2017 Sunday ,22 October
PM, Turkish Energy Minister discuss enhanced Pak-Turkey cooperation
GMT 13:12 2017 Wednesday ,27 December
Library of Alexandria launches Arab Reading Challenge wing
GMT 15:00 2017 Sunday ,19 November
Human rights respecting embedded in HM King's reform approach
GMT 11:09 2017 Thursday ,23 February
Exoplanets 101: Looking for life
GMT 00:20 2017 Wednesday ,04 January
64,000 tons of wheat arrive to Alex. port
GMT 12:52 2017 Wednesday ,07 June
Saudi King met with Kuwaiti Emir to discuss developments
GMT 04:30 2017 Monday ,28 August
Liverpool thrashes Arsenal, Morata lifts Chelsea
GMT 13:00 2017 Wednesday ,04 October
Rogina happy for receiving honor in Salé Festival
GMT 09:07 2018 Sunday ,14 January
US report raps Alibaba's Taobao, others for pirated goods
GMT 11:49 2017 Thursday ,09 March
8,000 evacuated in German city after WWII bomb found
GMT 14:31 2016 Monday ,29 February
HE minister of state for defence affairs meets malaysia’s defence minister
GMT 10:53 2017 Tuesday ,08 August
UAE Ambassador, Sudanese Minister of Electricity meet
GMT 06:04 2017 Wednesday ,22 March
Export bans hit Brazil’s meat industry after scandal
GMT 17:42 2017 Sunday ,17 December
Taliban fighters kill 11 in attacks on police checkpoints in Afghanistan
GMT 17:00 2017 Thursday ,03 August
Qatar Airways drops plan to buy stake
GMT 15:15 2017 Thursday ,12 October
PM reiterates FATA’s mainstreaming
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