Biz groups urge government to reconsider cap-and-trade program
Biz groups urge government to reconsider cap-and-trade program
Seoul - Yonhap
South Korea's large business lobby groups urged the government Sunday to reconsider plans to set quotas for greenhouse gases that a company can release into the atmosphere, claiming such a move will undermine corporate competitiveness.
In a joint statement released by the Federation of Korean Industries (FKI), businessmen said the emissions trading system, announced by the environment ministry last week, puts too much burden on companies and could lead to a maximum 28.4 trillion won (US$27.8 billion) in extra outlays for them in three years.
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Beirut - NNA
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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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