HSBC bank annual net profits sink 15%
HSBC bank
London - AFP
Troubled global bank HSBC said Monday that net profits fell 15 percent last year, hit by fines and mis-selling compensation, and apologised again over tax-dodging claims at its Swiss division.
Earnings after taxation sank to $13.7 billion (12.0 billion euros) in 2014, compared with $18.7 billion in 2013 when it was also boosted by disposals, HSBC said in a results statement.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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