Kuwait oil price down to US dollar100.07 pb
Kuwait - KUNA
Price of Kuwaiti crude oil went down 39 cents, reaching USD 100.07 per barrel (pb) on Tuesday compared to USD 100.46 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday. Within the global sphere, the price of oil saw a retreat due to a report by American petroleum authorities showing that US crude oil reserves increased by 8.97 million barrels. The price was also effective by OPEC\'s announcement yesterday that its expectations for the global demand for oil would increase by 900,000 barrels per day in the second part of the year as compared to the 700,000 bpd recorded in the first part of 2013. OPEC also added that it would increase the level of oil at the global market without leading to over saturation.
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With Job Cuts, China Deal
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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
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
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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