Ally Financial repays $5.9bn to US Treasury
Arab Today
Ally Financial, the former finance arm of General Motors taken over by the government in the financial crisis, repaid the government $5.9 billion Wednesday, the US Treasury said. After two years of restructuring that turned Ally, previously known as GMAC Inc., into a bank holding company, the company has repaid the government $12.3 billion, more than 70 percent of the support provided, the Treasury said.
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With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
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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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'Friendly and kind' N. Korean skaters
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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