Greece\'s NBG 2011 net loss €12.3 bn
Athens - AFP
National Bank of Greece, the country\'s largest lender, said Friday it suffered a 2011 net loss of 12.3 billion euros ($16 billion) after taking a huge charge on a sovereign debt writedown. It said the loss on the writedown -- agreed with private creditors as part of a second Greek debt bailout -- was 10.75 billion euros, to which were added other provisions and charges due to \"the extremely harsh economic climate in Greece.
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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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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