Commerzbank says to cut 9600 jobs by 2020 in restructuring
Frankfurt economy
Frankfurt - Arab Today
Germany's second largest lender Commerzbank said on Thursday it plans to cut 9,600 jobs by 2020 and withhold dividends to pay for a 1.1-billion-euro restructuring.
The Frankfurt-based firm added that the plan, still to be agreed at a supervisory board meeting on Friday, would see it report a loss in the third quarter as it writes down the value of goodwill and other intangible assets.
GMT 21:55 2018 Tuesday ,23 January
Trump to meet May, Netanyahu, Kagame in Davos: White HouseGMT 21:53 2018 Tuesday ,23 January
S&P 500, Nasdaq end at records as technology shares gainGMT 21:51 2018 Tuesday ,23 January
Venezuela's Maduro says ready to run for second termGMT 21:49 2018 Tuesday ,23 January
Trump to tell Erdogan of concern over Syria offensiveGMT 21:47 2018 Tuesday ,23 January
Trump says NAFTA talks are 'moving along pretty well'GMT 22:13 2018 Monday ,22 January
Senate votes to end US shutdown, bill heads to HouseGMT 22:12 2018 Monday ,22 January
Dow, S&P, Nasdaq finish at records as US goverment shutdown endsGMT 22:10 2018 Monday ,22 January
Turkish soldier killed in Syria operation
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
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 his
GMT 06:58 2017 Wednesday ,01 November
South Korea will not develop nuclear weapons
GMT 22:54 2017 Monday ,30 October
Kurdish parties opposed to Barzani report attacks on offices overnight
GMT 08:49 2017 Monday ,30 October
Barzani: fall of the Kurdish 'lord of the mountain'
GMT 09:07 2018 Tuesday ,23 January
US tightens rules on Middle East air cargo
GMT 08:35 2018 Tuesday ,16 January
Three DR Congo soldiers killed while fighting Ugandan rebels
GMT 05:40 2017 Thursday ,16 February
Stocks rise on Yellen’s positive US outlook
GMT 09:12 2016 Wednesday ,13 April
Ryanair takes hit from Brussels terror, French strikes
GMT 17:47 2017 Tuesday ,25 July
Death toll of tanker explosion in Nigeria rises to 11
GMT 07:05 2017 Sunday ,27 August
Indonesia focuses on attracting more Asia-Pacific tourists
GMT 22:05 2014 Saturday ,26 April
Microsoft outpaces expectations, boosted by surge
GMT 21:24 2017 Tuesday ,18 April
Indian Airports on High Alert after Hijacking Threats
GMT 07:45 2017 Monday ,09 October
Turkey troops, Syria jihadists exchange fire
GMT 18:31 2017 Tuesday ,10 October
Oil prices rise as OPEC says market is rebalancing
GMT 11:28 2017 Sunday ,06 August
Chikatara promises fans to do his best
GMT 21:34 2017 Monday ,04 December
Saudi ambassador to Yemen: Houthis’ crimes due to their ‘Iranian education’
GMT 22:16 2017 Monday ,27 November
Suicide bombers attack Baghdad market, killing 8GMT 04:08 2013 Thursday ,30 May
How computers can learn better
GMT 16:11 2016 Monday ,21 November
Colleges of Excellence, Siemens sign MoU to advance vocational education and training
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
