Lloyds pegs annual loss at £2.78 bn
London - AFP
Britain\'s state-rescued Lloyds Banking Group said Friday that its net loss surged to £2.78 billion (3.27 billion euros, $4.38 billion) in 2011 after the lender was hit by huge compensation claims. LBG, which is 40-percent owned by the British government, said its loss after tax compared with net losses of £320 million in 2010. It also fell into a pre-tax loss of £3.54 billion after a pre-tax profit £281 million in 2010.
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London stock market edges to new high
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
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Mirages of failure: Lebanon cannot wait
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 10:18 2018 Thursday ,30 August
Iran incapable of closing Hormuz, Bab Al Mandeb
GMT 22:55 2017 Tuesday ,23 May
Mega sale of up to 80% discount coming up in UAE
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Art gives former station in US capital new lease on life
GMT 14:28 2017 Tuesday ,19 September
Syria war crimes investigator blasts impunity
GMT 08:22 2018 Saturday ,20 January
World markets hammer higher on rising metal prices
GMT 14:19 2017 Saturday ,06 May
Oman Air's flight to Manchester will boost Sultanate-UK ties
GMT 16:34 2017 Sunday ,07 May
Turkish Airlines offers laptops to beat UK, US electronics ban
GMT 06:25 2018 Saturday ,06 January
FA Cup: Trophy that eluded Clough has been Wenger's saving grace
GMT 08:47 2017 Friday ,12 May
Commander of UAE Naval Forces attends graduation ceremony
GMT 18:06 2018 Monday ,15 January
France laments 'dysfunction'
GMT 10:57 2018 Saturday ,06 January
Divided UN Security Council to meet on Iran protests
GMT 10:14 2017 Thursday ,28 December
Hitler's Nazi-parade Mercedes set
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