ADB sanctions 30 firms for corruption
Manila - XINHUA
The Asian Development Bank (ADB) said in a report released Tuesday that it sanctioned 30 firms and 30 individuals for engaging in corrupt practices while implementing projects financed by the Manila-based lender last year. ADB said it also barred 324 entities from seeking ADB-financed contracts as part of a cross-debarment agreement it forged with four other multilateral lending institutions. The Office of Anticorruption and Integrity (OAI) of the ADB said it received "a record" 250 complaints and investigated 239 cases last year. OAI said the complaints ranged from fraud related to work experience, qualifications, and technical and financial capacities of consulting firms or consultants seeking work from ADB. This year, OAI said it will continue its awareness-raising programs to help ADB staff spot warning signs of corruption and fraud.
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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
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Beirut - NNA
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Microsoft to open 4 data centres
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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