Kuwaiti crude oil barrel fell to $38.90
Kuwait''s crude oil
Kuwait - KUNA
The price of the Kuwaiti crude oil dropped USD 2.39, reaching USD 38.90 per barrel on Tuesday, compared to USD 41.29 per barrel on Monday, said the Kuwait Petroleum Corporation (KPC) on Wednesday.
The oil price continued its downturn on international markets, with the future contracts hitting its the lowest rate in six years.
The price of Brent crude for February delivery slumped by USD 0.84 to stand at USD 46.59.
Meanwhile, the price of the light American crude for February delivery declined by USD 0.18 to USD 45.89.
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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
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Paris - Emiratesvoice
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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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