Sales bid for Woori Bank fails due to lack of bidders
Woori bank
Seoul - Yonhap
The auction to sell state-run Woori Bank failed again Friday due to a lack of bidders, the financial regulator said, the fourth failure of the government's plan to privatize the No. 3 bank.
"After closing the bid for Woori Bank's managerial right, only China's Anbang Property & Casualty Insurance Co. applied for it," said the Financial Services Commission (FSC).
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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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