Kuwaiti crude price rises to $106.69 per barrel
Kuwait - KUNA
Price of Kuwaiti crude oil rose by USD 0.7 in Monday\'s trades to settle at USD 106.69 per barrel (pb) compared to USD 106.62 pb last Friday, said Kuwait Petroleum Corporation on Tuesday. The European and United States\' economic data were absent in the oil markets, considering their impact on oil\'s trading, amid investors\' wait-and-see attitude toward the US Federal Bank declaration by Wednesday, which is expected to show stabilizing of interest rates between the historic low rates of zero to 0.25 percent, as well as keeping the Reserve\'s Asset Purchase Programs (quantitative easing), valued at USD 85 monthly. The oil markets were also affected by the political current events in the Middle East, especially in Egypt which operates Suez Canal, a key waterway, besides fears related to crude supplies, considering that around three million barrels of international oil pass through the Suez Canal on daily basis.
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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
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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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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