Italian inflation rates remain high
Rome - SPA
Italy\'s ravaged economy continues to suffer under high inflation rates, according to data released Friday. Istat, the Italian statistics agency, released second estimate figures showing year-on-year inflation staying at 3.6 per cent for July, unchanged from the month before. The first estimate had come in at 3.7 per cent. Month-on-month rates showed a drop of 1.7 per cent. Consumer price inflation was also on the rise for July, with data showing prices 3.1 per cent higher than in July 2011. But that was a decrease from June, when the annual data came in at 3.3 per cent. The European Central Bank strives for an inflation rate of 2 per cent in Europe.
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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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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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