Kuwait crude slips to US $104.95 per barrel
Kuwait - KUNA
Price of Kuwaiti crude oil slipped 99 cents to reach USD 104.95 per barrel (pb) in trading Tuesday, down from USD 105.94 pb the day before, Kuwait Petroleum Corporation reported on Wednesday. In the international oil market, price for benchmark BRENT crude was fluctuating throughout the day with contracts for November delivery gaining 48 cents to finally settle at USD 108.64 pb. As for NYMEX trading, US crude contaracts for November delivery slipped 46 cents to USD 103.13 pb. The price margin between BRENT and US crude is increasing on the backdrop of lessening of the Iran-West tensions so that the crudes were traded with the margin wider than USD 5 pb. Alleviating fears had over the past few days brought down price of the BRENT crude, which is the most affected by concerns of disruption of international oil supply, and the margin between the prices of the two crudes was less than USD 3 last week.
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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
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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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
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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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