Panasonic forecasts record net loss
Seoul - Arabstoday
Japanese electronics company Panasonic has forecast a record net loss of 780bn yen (€7.7bn) for the fiscal year to March amid falling sales of digital products and production disruptions from flooding in Thailand.That is nearly twice the annual net loss of 420bn yen it had projected in October.It is also more than its past record net loss of 427.7bn yen logged for the fiscal year to March 2002, when the company was still Matsushita Electric Industrial.For the October-December quarter, Panasonic today reported a net loss of 197.6bn yen.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
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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