US trade deficit narrows to $34.2bn
Washington - XINHUA
The U.S. trade gap in June narrowed sharply to the lowest level since October 2009 as imports declined and exports rose, U.S. Commerce Department said on Tuesday. The total trade deficit dropped to 34.2 billion U.S. dollars in June, down 22.4 percent from a revised 44.1 billion dollars deficit in May. Exports rose 2.2 percent from the previous month to 191.2 billion dollars in June, boosted by more overseas sales of consumer goods and industrial supplies. Imports fell 2.5 percent from the previous month to 225.4 billion dollars in June. Purchases of foreign automotive vehicles and consumer goods decreased.
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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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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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