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Nordea Bank profit sinks 28 percent as revenue dips

  Bloomberg Scandinavia’s biggest bank said profit plunged 28 percent last quarter as revenue sank after negative rates and market selloffs created an inhospitable environment for the industry. Nordea Bank AB reported net income of 782 million euros ($884 million), missing the 792 million-euro estimate of analysts surveyed by Bloomberg. Net interest income slipped 7 percent while total operating income ...

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Leatherworld: A gateway to luxury!

  Sunaina Rana / Emirates Business Leather industry is one of the most expensive and luxurious industries and plays a significant role in the export earnings of many developing countries. Sighting the growth of the leather products demand in the GCC, Messe Frankfurt Middle East provided a platform to potential global leather traders to participate in B2B trade at the ...

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Robots in hospitality industry. A good idea!

  Ritika Sharma / Emirates Business Robotics is the latest marvel of technology that has invaded everything from agriculture, to transport and from medicine to education. They have seamlessly entered our roads, railway tracks, classrooms and even operation theaters. If this was not enough of progress, Japan has recently showed the way towards a digital picture where these steel machines ...

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