US stocks close lower
US Stocks
New York - SPA
US stocks closed lower on Tuesday, as investors found some relief from a slight recovery in bonds.
The Dow Jones industrial average dropped 36.94, or 0.20 percent, to 18,068.23. The broader Standard & Poor's 500 index declined 6.21, or 0.29 percent, to 2,099.12. The technology-heavy Nasdaq composite index lost 17.38, or 0.35 percent, to 4,976.19.
The dollar fell about half a percent, with the euro at $1.12. Light sweet crude oil for June delivery added 2.5 percent to $60.75 a barrel on the New York Mercantile Exchange, while gold futures gained $9.40 to $1,192.40 an ounce.
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France's Carrefour revamps operations
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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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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
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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
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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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