Philips expects \'disappointing\'
London - Arabstoday
Dutch group Philips Electronics has said that weak demand in Europe has hit its fourth quarter results. In a trading update, the group said it had taken a charge on stock it cannot shift in its lighting division. And delays in deliveries are expected to have an impact on its healthcare sector, reducing sales growth by an estimated 2-3%. Philips said it was disappointed with the results, but was confident it would achieve its 2013 mid-term targets. The company will report its fourth quarter results on 30 January. Philips has struggled to compete with lower-cost Asian rivals in recent months. It said in October that it was going to cut 4,500 jobs.
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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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'Friendly and kind' N. Korean skaters
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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