BMW to invest €100m in China
Berlin - KUNA
BMW Group announced Monday evening that it inked an agreement with the Chinese Brilliance Auto (or Brilliance China Automotive Holdings Ltd) under which the German automaker will invest EUR 100 million in the world\'s largest car market. The agreement was signed under the joint patronage of German Chancellor Angela Merkel and Chinese Premier Li Keqiang, now on a three-day official visit to Germany, spokesperson of the Munich-based Group told reporters here. The funds will be channeled to the purchase of equipment for an auto manufacturing factory and a center for economic research in China, according to the spokesperson. The two companies started cooperation in this industry in 2003 under an agreement which allowed Brilliance Auto to run two BMW-owned factories in China. The two factories started building BMW engines in 2012.
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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
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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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