Deutsche Bank shares plunge 6.0% on news of capital increase
Frankfurt economy
Frankfurt am Main - Arab Today
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Shares in Germany's biggest lender Deutsche Bank fell as much as 6.0 percent as the Frankfurt market opened Monday, hours after the bank announced it would raise cash by issuing new shares. Shares in the bank were down 5.4 percent to trade at 18.10 euros ($19.20) just before 0815 GMT, making Deutsche the worst performer on the Dax index of leading German companies. Sapped by heavy losses, Deutsche on Sunday said it would deepen a long-running restructuring to focus on home market Germany and raise 8.0 billion euros in new capital. |
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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
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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
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