Paris - French investment bank Natixis on Wednesday denied a media report that it had lost 975 million euros (1.23 billion dollars) in trading last month.
The business daily La Tribune had reported the massive loss earlier Wednesday, and claimed that Natixis is to issue a fourth-quarter profits warning.
According to the report, the losses were registered in trading with shares as well as currencies and interest rates.
There was no indication in the report that the alleged loss was due to unauthorized deals carried out by a small group of traders, as was the case with Natixis's parent company Caisse d'Epargne, which lost 751 million euros in early October.
Washington, November 12 : Daniel Craig, who starred along side late Paul Newman in the 2002 movie “Road to Perdition,” has revealed that he felt the ‘thrill’ in acting after witnessing the veteran actor’s dedication and commitment towards his profession.
London, Nov 12 : A 22-year-old man from Denmark has become the youngest player to win the World Series of Poker, raking in more than 5.8 million pounds.
Peter Eastgate won the title after beating 27-year-old Russian Ivan Demidov in the final in Las Vegas, Nevada.
"I guess I haven''t really realized how big this is. It will come in the next weeks or the next days. I will become very emotional at some point,” The Telegraph quoted him as telling American newspaper USA Today.
A total of 6,844 players participated in the World Series of Poker''s main event, which began last July.
In the end there were only nine players left and then in the final Eastgate competed with Demidov.
Washington, Nov 12 : The world''s first radar breast imaging system, developed by scientists at Bristol University, may revolutionise the way women are scanned for breast cancer.
The system is being tested at North Bristol NHS Trust (NBT).
Professor Alan Preece and Dr Ian Craddock from the University of Bristol have been working for a number of years to develop a breast-imaging device, which uses radio waves and therefore has no radiation risk unlike conventional mammograms.