Kuwaiti oil price drops to $102.89 pb
Kuwait - KUNA
Price of Kuwaiti crude oil dropped USD 10 cents settling at USD 102.89 per barrel in Tuesday's trades, compared to USD 102.99 pb the previous day, Kuwait Petroleum Corporation (KPC) said on Wednesday.Meanwhile, international markets' strategists are adopting a wait-and-see attitude with regard of the US financial incentives' program, as well as official reports about the crude reserves.The US Federal Reserve is expected to withdraw USD 10 billion, per month, with anticipations that rate of the greenback would turn bullish vis a vis the other major currencies. Moreover, the forecast report regarding rise of the US crude reserves by 2.25 million barrels would contribute to decreasing oil prices.Meanwhile, the crude prices in the New York commercial market stood at USD 96.98 pb.
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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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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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