Royal Baby's Business Bump Short of Royal Wedding
July 22 (Bloomberg) -- Bloomberg's Olivia Sterns looks at the economic impact in the U.K. of the birth of Prince William's and his wife, Kate Middleton's first child. Sterns speaks on Bloomberg Television's "Street Smart. (Source: Bloomberg)
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BNP 1Q Net Profit Rises on Lower Loan-Loss Provisions
42:46 - BNP Paribas SA, France’s largest bank, posted a surprise increase in first-quarter profit as a decline in provisions for bad loans helped outweigh a slump in trading revenue. Net income rose 10 percent to 1.81 billion euros ($2.1 billion) from 1.65 billion euros a year earlier, the Paris-based bank said in a statement Tuesday. Bloomberg's Caroline Connan spoke to the bank's Chief Financial Officer Lars Machenil about the numbers.