ECB to start buying fewer bonds in next stimulus step
Frankfurt am Main - Arab Today
The European Central Bank on Thursday said it would extend its massive bond-buying scheme until December 2017, stepping up its stimulus efforts to boost the eurozone's still fragile recovery.
The extension of the cash-pumping scheme was widely expected, but the bank surprised observers by saying it would lower the monthly purchasing amount to 60 billion euros ($65 billion) from 80 billion euros currently a month from April.
The bank's governing council also voted to keep key interest unchanged at record lows at their last policy meeting of the year, a spokesman said.
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With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
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" opens 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
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cartoon seven
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Prince Mohammed bin Naif thanks minister of Islamic Affairs
GMT 06:15 2018 Tuesday ,23 January
Volkswagen clinches record sales
GMT 13:52 2017 Wednesday ,15 March
Palestinian art and conflict
GMT 20:27 2017 Sunday ,03 September
Iran upholds 10-year jail terms for 3 Americans
GMT 19:47 2017 Monday ,20 November
EU court threatens Poland with fines over logging in ancient forest
GMT 13:57 2017 Tuesday ,31 January
Trump calls to Arab leaders a positive sign
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G20 promises solutions to economic ills
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International Energy Agency Lowers Forecasts for Oil Demand Growth
GMT 07:49 2017 Tuesday ,29 August
Turkish president meets Palestinian leader
GMT 12:55 2017 Friday ,03 February
Tokyo shares open higher on bargain-hunting
GMT 07:12 2017 Sunday ,05 March
Saudi Aramco aims to work with construction industry to overcome challenges
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Tesla denies pressuring customers
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Syria Kurds urge civilians to take up arms against Turk assault
GMT 07:02 2018 Sunday ,14 January
Alleged Colombian ELN rebels kidnap oil engineer
GMT 11:26 2017 Sunday ,26 November
Palestinian communities in the US start a campaign protesting
GMT 08:36 2017 Sunday ,29 January
Southern EU leaders calls for unity to deal with terrorism, migrant crisis, boost growth
GMT 16:22 2017 Wednesday ,27 September
Macron, Merkel to meet Thursday ahead of EU summit
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All rights reserved to Arab Today Media Group 2025 ©
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