Aeroflot\'s first half net profit jumps to $377 mln
Moscow - Ria Novosti
Russia\'s flagship airline Aeroflot saw its first quarter 2011 net profit jump 2050 percent year-on-year to $376.8 million to IFRS, the company said in a statement on Tuesday. \"Net profit skyrocketed owing to an increase in transport operations and the sale of stakes in subsidiaries and captive companies in the first half of 2011,\" the airline said. Revenue grew 26.4 percent to $2.343 billion, including revenue from aviation operations, which rose 21.3 percent to $1.928 billion. EBITDA increased 20.5 percent to $330.9 million, while EBITDA margin amounted to 14.1 percent. Operating expenses grew 26.2 percent to $2.139 billion due to aviation fuel price growth.
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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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Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
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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