Rupee recovers by 8 paise vs dollar
Mumbai - Arabstoday
The Indian rupee not only recovered its early sharp losses but snapped its straight four sessions of fall, closing moderately higher by eight paise at 50.28/29 against the Greenback following late recovery in equities amid fresh dollar selling by exporters and some banks. Some weakness in dollar overseas amid fresh capital outflows also aided the rupee sentiment. At the Interbank Foreign Exchange (Forex) market, the domestic unit opened sharply lower at 50.55/56 a dollar from previous close of 50.36/37 and immediately touched a nearly 7-week low of 50.76 on sluggish local stocks mainly oil refiners as New york crude oil is still trading higher above $105 a barrel in Europe.
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With Job Cuts, China Deal
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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'Friendly and kind' N. Korean skaters
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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