Swiss Re raises 2011 catastrophe costs to $370 bn
Geneva - AFP
Catastrophes and man-made disasters cost the world economy a record $370 billion in 2011, reinsurer giant Swiss Re said Wednesday, raising an estimate it issued in December. The group had earlier estimated total economic losses at $350 billion, compared to $226 billion in 2010. The devastating earthquake in Japan that sparked the Fukushima nuclear disaster in March accounted for 57 percent of 2011\'s losses, the Zurich based group said. Overall, insured losses reached $116 billion, more than double the $48 billion paid out by insurers for 2010.
GMT 09:47 2018 Tuesday ,23 January
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German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
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
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
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
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 15:58 2017 Tuesday ,08 August
Swim class aims to stop major cause of death
GMT 04:42 2017 Tuesday ,21 March
Support for equine industry in UAE is strong
GMT 12:51 2017 Saturday ,07 October
Saber Al Robaei ended filming of new video clip
GMT 14:39 2016 Saturday ,23 January
Draft state budge for 2016 'responsible'
GMT 09:01 2017 Wednesday ,25 October
Samir reveals details of corruption report
GMT 08:21 2017 Thursday ,07 December
French court sets 40-mn-euro bail for Russia billionaire
GMT 14:55 2017 Tuesday ,21 February
Car Bomb in SE Turkey Kills 2, Wounds 15
GMT 02:11 2017 Thursday ,29 June
Cruise tourism gains popularityGMT 02:58 2012 Tuesday ,21 February
Eurozone within touching distance of new Greek deal
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Laila Elwy happy for being ambassador of Bahia institutionGMT 18:31 2011 Wednesday ,04 May
I control therefore I am: chimps self-aware
GMT 06:02 2017 Saturday ,21 October
Kuwait Amir commends Speaker on fiery pro-Palestinian
GMT 13:27 2018 Friday ,12 January
National Archive takes part in Sheikh Zayed Heritage Festival
GMT 15:37 2017 Thursday ,10 August
Millions of Chickens Face Cull
GMT 10:52 2017 Tuesday ,14 February
Actress Shery Adel looks for diversity of her roles
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All rights reserved to Arab Today Media Group 2025 ©
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