Korean conglomerates spend more on research and development
Manufacturing-driven conglomerates
Seoul - Yonhap
South Korea's leading conglomerates spent more on research and development (R&D) to seek new growth engines, while cutting back on facility-related investments in the first half, a report by a local corporate research firm showed Wednesday.
According to CEO Score, 167 listed non-financial firms belonging to the country's 30 largest business groups injected 16.18 trillion won (US$15.89 billion) into R&D in the January-June period, up 7.3 percent, or 1.1 trillion won, from the year before.
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Taipei - Emiratesvoice
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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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