JPMorgan Chase to pay $297 mn for US misdeeds
New York - AFP
JPMorgan Chase said Monday it had agreed to pay $297 millions to the US Securities and Exchange Commission to settle a dispute over sale of mortgage-backed securities. Most of the punishable activity is attributed to Bear Stearns, the New York investment bank that JP Morgan bought urgently in 2008 in a deal organized by the Federal Reserve to prevent the imploding investment bank\'s losses from pulling down other banks. Bear Stearns collapsed in 2007-2008, the first major casualty of the financial crash that was rooted in the imploding housing sector.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
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
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 22:03 2017 Friday ,24 November
Online sales click in America to kick off Black Friday weekend
GMT 05:09 2024 Tuesday ,06 February
The Saudi-led Arab Coalition Forces have targeted a meeting of Houthi commanders in Beit Al Faqih, Hodeidah, killing scores of the
GMT 12:44 2015 Monday ,28 December
Halal burger chain Meat and Shake finds recipe for niche success in UK
GMT 20:55 2017 Friday ,27 January
Nissan GT-R 2017 makes Middle East debut with fresh look
GMT 21:36 2017 Thursday ,04 May
College Celebrates Graduation of 43 Officers
GMT 07:23 2015 Sunday ,10 May
Chevrolet Silverado Chassis Cab cleans up with CNG
GMT 10:58 2017 Sunday ,26 November
Israel arrests Human Rights Defender Abdullah Abu Rahmah
GMT 11:51 2017 Monday ,13 November
Aid enters devastated rebel town near Syria capital
GMT 13:11 2017 Wednesday ,27 September
NASA-led project to build the first lunar space station
GMT 07:10 2017 Monday ,08 May
UAE in universal mission to reduce suffering
GMT 14:14 2017 Thursday ,04 May
After North Korea criticism, China says wants to be good neighbour
GMT 03:02 2017 Wednesday ,08 February
Daesh damaging Mosul houses to demand repair fee
GMT 07:37 2017 Monday ,20 February
Atlas Telecom launches breakthrough coastal surveillance
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