Kuwaiti crude price reaches $105.92
Kuwait - KUNA
The price of Kuwaiti crude oil rose by USD 19 cents to USD 105.92 pb on Friday from USD 105.73 pb the day before, Kuwait Petroleum Corporation (KPC) said Saturday. The decline is in keeping with the retreat of the prices on the global market as a result of concerns about the US financial policy. Reports about possible drastic cuts in the US spending and weak economic data from the Euro-zone shrouded in mystery the outlook of global economy and pushed down the prices of Brent crude futures. The Brent futures for April delivery closed the last trading session down by 30 cents at USD 110.85, a record low in six weeks, according to KPC daily bulletin. In NYMEX the prices of the US crude oil went up by USD 39 cents yesterday with the light crude futures for April delivery settling at USD 91.95 pb, a record low since last December.
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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
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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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