(MENAFN - AFP) British bank Barclays has set aside Â£500 million ($800 million, 634 million euros) linked to global probes into allegations of price-rigging in foreign exchange markets, cutting quarterly net profits, it said on Thursday.
"A Â£500-million provision has been recognised relating to ongoing investigations into foreign exchange with certain regulatory authorities," ...
(MENAFN - AFP) EU-brokered talks to resolve a bitter gas dispute between Russia and Ukraine on Thursday appeared stalled as Moscow demanded that Brussels and Kiev first agree on how Ukraine will pay its huge bill to Moscow.
"The European Commission must reach an agreement with Ukraine over the question of financing," Gazprom spokesman Sergei Kuprianov told AFP in Moscow.
(MENAFN - AFP) British bank Barclays on Thursday set aside Â£500 million ($800 million, 634 million euros) linked to probes into price-rigging allegations in foreign exchange markets, and posted slumping third-quarter net profits.
"A Â£500-million provision has been recognised relating to ongoing investigations into foreign exchange with certain regulatory authorities," it ...
(MENAFN - AFP) Lufthansa, Europe's biggest airline, on Thursday cut its profit forecast for 2015 in face of the global economic slowdown.
"When we look ahead, we can see that the economic slowdown and the continuing declines in our passenger yields in the face of fierce competition will affect our operating scope in the year ahead," said chief executive Carsten Spohr.
(MENAFN - AFP) High above the altar in the Vatican's Sistine Chapel, the halo around Jesus Christ's head in Michelangelo's famous frescoes shines with a brighter glow, thanks to a revolutionary new lighting system.
Angels, Sybils and prophets in blues, pinks and golds, once lost in the gloom, are brought into sharp relief by 7,000 LED lamps designed specifically for the prized ...