Kuwaiti crude price down 93 cents to $101.80 per barrel
Kuwait - KUNA
Price of Kuwaiti crude oil dipped 93 cents to USD 101.08 per barrel on Thursday compared to USD 102.73 pb the previous day, Kuwait Petroleum Corporation (KPC) said in a statement on Friday. Crude oil prices shot down at world markets on Thursday against the backdrop of US economic recovery reports and investors' concerns over the US Federal Reserve's incentive reduction decision. Earlier in the day, Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Abdallah Salem El-Badri said that he was very pleased with the current crude levels of supply and demand. In an exclusive interview for Kuwait News Agency (KUNA) on the sidelines of the 2013 OPEC World Oil Outlook's (WOO) release, Badri said that the current price of the 'black gold' in recent weeks, averaging from USD 103 to USD 107 per barrel, was reasonable for oil producers and consumers altogether.
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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
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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
'Friendly and kind' N. Korean skaters
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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