Novartis profits slump 18% in first quarter
Zurich - AFP
Swiss pharmaceutical group Novartis says that its net profit has slumped 18% in the first quarter to $2.3 billion (1.7 billion euros). Operating profit fell back 17 percent to $2.8 billion and sales fell two percent to $13.7 billion between January and March, a statement said. Despite profits being down, Novartis CEO Joseph Jimenez said there had been strong growth in the Pharaceuticals and Alcon divisions. The Basel-based company maintained its outlook for the year as a whole, with sales equalling those of 2011 and a core operating margin slightly lower than last year.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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