Venezuela sets new exchange rate for visitors
Caracas - XINHUA
The Venezuelan government will allow visitors to get more bolivars for their U.S. dollars, but the deal is not attractive as they can get much more on the black market. Starting on Monday, visitors can get 11.3 bolivars per dollar against the official exchange rate of 6.3 bolivars for most transactions, according to a statement of the Central Bank. The offer pales in comparison with the black market, where one U.S. dollar can buy 64 bolivars. Apparently to encourage visitors to buy bolivars from official channels, the bank said visitors can exchange their unspent bolivars back to dollars -- by presenting the receipts of their first exchange transaction in Venezuela.
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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
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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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