Athens won\'t get extra time to pay off debt, Draghi
Ljubljana - ANSA
European Central Bank chief Mario Draghi said Greece would not get extra time to pay off its debt, calling an extension \"tantamount to monetary financing\". The European Central Bank is ready to launch its bond-buying progamme if it is requested by countries who agree to set conditions, ECB President Mario Draghi said Thursday as Brussels and Madrid were negotiating a possible bailout for Spain. European Central Bank chief Mario Draghi added that the ECB did not discuss lowering interest rates in coming months. Analysts have expected the ECB to cut rates below historic lows once its bond-purchase program goes into effect. On Thursday it kept the benchmark rate unchanged at 0.75%.
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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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'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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