German utility EnBW sees profits fall 21%
Frankfurt - AFP
EnBW, Germany's third-biggest power supplier, said on Tuesday that business in the first three months of the year was in line with expectations as its net profit dropped. "Business trends in the first quarter were in line with expectations," EnBW said in a statement. Revenues grew by 12.8 percent to 5.746 billion euros ($7.5 billion) in the period from January to March and operating profit grew by 1.9 percent to 876.5 million euros, while bottom-line net profit fell by 21.1 percent to 443 million euros. EnBW said that while electricity sales fell by 3.5 percent to 33.5 billion kWh, gas sales soared by 48.5 percent to 38 billion kWh due to the long and cold winter.
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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
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
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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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