NPS holds stakes in more than 50 chaebol affiliates
Seoul - Yonhap
South Korea's state-run pension fund wields a large influence over the country's major firms through its stockholdings, with stakes of over 5 percent in some 50 conglomerate affiliates, data showed Tuesday. The National Pension Service (NPS), the country's largest institutional investor, held a stake of over 5 percent in 55 affiliates of the country's top 10 conglomerates, or chaebol, as of Friday, according to the data compiled by Chaebul.com, which tracks the country's large family-controlled business groups. The top 10 groups have 94 listed firms on the Seoul bourse.
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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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