Penguin, Random House merge cleared
Brussels - SPA
The European Union cleared the planned merger between Britain\'s Penguin Books and German-owned Random House on Friday, as the bloc\'s executive found that the merged entity wouldstill face strong market competition, dpa reported.\"The (European) Commission found that the transaction would notraise competition concerns, in particular because the merged entitywill continue to face several strong competitors,\" it said in astatement.The deal, which is reportedly worth 2.4 billion pounds (3.6billion dollars), would create the world\'s biggest consumer bookpublishing business, according to Germany\'s Bertelsmann SE andPearson Plc in Britain.
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With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
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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