British banks get time for reforms
London - Arabstoday
Britain’s banks won plenty of time on Monday to make costly structural reforms after the government backed recommendations that lenders have until 2019 to “ring-fence” retail operations and hike capital reserves. Finance minister George Osborne said that the coalition would begin drawing up new legislation backing the government-appointed commission’s call that banks such as HSBC and Barclays implement sweeping reforms. They are facing radical change in order to avoid a repeat of the massive state bailouts of lenders. The Independent Commission Banking recommended in a final report on Monday that lenders’ retail operations should be protected against losses at their investment units.
GMT 19:30 2018 Wednesday ,03 January
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Britain’s smaller banks jostle for business banking grantsGMT 19:31 2017 Sunday ,10 December
Britain’s smaller banks jostle for business banking grantsGMT 17:28 2017 Thursday ,07 December
India's central bank holds rates at seven-year lowGMT 17:55 2017 Sunday ,03 December
Saudi banks prepare for riyal coinsGMT 15:10 2017 Wednesday ,29 November
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Deutsche Boerse taps top banker as new CEO
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo 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 - Al Maghrib Today
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 onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
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 itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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" opened 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 hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
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Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens more
GMT 10:18 2016 Wednesday ,23 March
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Syria sees FIFA World Cup ban as politically motivated
GMT 10:17 2016 Wednesday ,23 March
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GMT 13:45 2018 Tuesday ,16 January
China races to prevent environmental disaster
GMT 13:03 2018 Monday ,15 January
Tripoli airport clashes kill nine: Libya ministry
GMT 20:54 2017 Saturday ,28 October
Bus plunges into river in Nepal, killing at least 31
GMT 20:21 2018 Wednesday ,03 January
‘Morocco is the Best Team in Africa’: Lopetegui
GMT 08:12 2017 Friday ,22 December
Saudi Arabia Budget Pushes Private Sector to Contribute
GMT 09:41 2017 Sunday ,19 November
Delhi half-marathon to go ahead despite smog, court rules
GMT 06:48 2017 Wednesday ,18 October
French rock magazine offers regrets after putting killer on cover
GMT 12:13 2017 Wednesday ,28 June
At least 24 migrants die as thousands rescued in seas off Libya
GMT 12:41 2018 Thursday ,11 January
GoPro shares dive as it cuts staff
GMT 12:48 2017 Saturday ,18 November
to solve N.Ireland border issue
GMT 11:28 2018 Sunday ,07 January
Saudi boosts citizen benefits as taxes bite
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