Britain\'s economy contracts by 0.3% in Q4
London - AFP
Britain's economy contracted by 0.3 percent in the final quarter of 2012, official data confirmed on Wednesday. "UK gross domestic product (GDP) in volume terms was estimated to have decreased by 0.3 percent between the third and fourth quarter of 2012, unrevised from the previous publication," the Office for National Statistics said in a statement. Should official data due next month show that Britain's economy also shrank in the current first quarter of 2013, then the country would technically enter its third recession since the 2008 global financial crisis. The ONS added that British GDP rose by 0.3 percent overall last year.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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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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