German BayernLB sells stake in property firm GBW
Berlin - AFP
German regional bank BayernLB said Monday that its board has approved the sale of its 92-percent share in the real estate company GBW for 2.45 billion euros ($3.18 billion) to an investor group led by the property company Patrizia. GBW is a leading real estate provider in the southern German state of Bavaria, with 32,000 rental housing units. The sale to the consortium, which also includes pension funds and insurance companies, is to be finalised in the second quarter of the year, BayernLB said.
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Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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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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