Kuwait oil price down to $99.55 pb
Kuwait - KUNA
Price of Kuwaiti crude oil dropped 52 cents reaching USD 99.55 per barrel (pb) on Wednesday compared to USD 100.07 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday. Meanwhile, in the western hemisphere, a report released by the US energy authorities showed increase of the American crude reserves by 2.5 million barrels, against backdrop of anticipations that the crude prices would drop due to the rise of the reserves. However, weak rating of the US dollar vis a vis other major currencies and instability in the Middle East, among other others factors, led to rise of the oil prices. Forward crude contracts for July posted highest rise in the New York market, yesterday, at USD 95.86-95.47 pb. The Brent crude contracts for July rose to USD 103.49 pb.
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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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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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