BNP Paribas Q1 profits fell by 44.8%
Paris - KUNA
BNP Paribas, one of the biggest French banks, Friday announced first quarter profit fall by 44.8 percent. BNP attributed, in a statement, the fall to weak investment revenues and economic recession in Europe in general. It added that net profits in the first three months this year dropped to around 1.6 billion euros (USD two billion). Analysts predicted the fall by around 1.4 billion euros. Although personal banking services witnessed an improvement in the first quarter, it added, the services for companies and investments fell to around 21 percent. BNP Paribas has recently anncounced a three-year plan aimed at saving two billion euros a year.
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Buenos Aires - AFP
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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
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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