Kuwait Oil Price Up USD 1.13 to USD 43.74 pb
Kuwait Petroleum Corporation
Kuwait - QNA
The price of Kuwaiti crude oil went up by USD 1.13 to USD 43.74 per barrel Tuesday after it was USD 42.61 per barrel the day before, said Kuwait Petroleum Corporation (KPC) Wednesday.
At the global market, the price of crude oil went up yesterday after statistics in the US showed a retreat in American oil reserves last week by one million barrel contrary to what analysts predicted, according to (KUNA) news agency.
The reserves, which stood now at 519.8 million barrels, were expected to increase by 522,000 barrels during the week ending on August 12th.
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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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Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
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Taipei - Emiratesvoice
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French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
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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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