Aircraft lessor takes spin-off step
Los Angeles - Arabstoday
Aircraft leasing giant International Lease Finance Corp has unveiled plans for an initial public offering, taking the first steps to spin off from parent company American International Group Inc. In a filing with the Securities and Exchange Commission late on Thursday, the Century City company, commonly known as ILFC, said: \"AIG has determined that ILFC is not one of its core businesses.\" The filing may mark the beginning of the end for AIG\'s 21-year ownership of ILFC. The subsidiary has struggled since AIG\'s near collapse in 2008 left the parent company under government control.
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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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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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