Sensex closes 443 points higher
Mumbai - Arabstoday
Rising for the eight straight day, the Sensex on Friday vaulted 443 points to close at 18,464.27, a fresh 7-month high as US Federal Reserve approved a new stimulus plan. The positive sentiment prevailed despite inflation rising by a higher-than-expected 7.55 per cent in August, which may restrain the Reserve Bank of India from cutting interest rates at its monetary policy review next week, said dealers. The Bombay Stock Exchange benchmark index opened 260 points higher tracking overnight gains in US markets. Reports of a new Quantitative Easing (QE) plan by Fed and hopes that India will taken more steps after hiking diesel price by Rs 5.63 per litre. From gulftoday
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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
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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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