Italy seizes €1.8bn from Japan\'s Nomura in fraud probe
Rome - AFP
Italian police on Tuesday seized 1.8 billion euros (S$2.9 billion) destined for Nomura and placed the Japanese bank's former CEO Sadeq Sayeed under investigation in a fraud probe over a derivatives deal with troubled Italian lender Monte dei Paschi. A statement from the prosecutor's office said it had ordered the seizure of "a total of around 1.8 billion euros from Nomura International" as well as 14.4 million euros from three former managers of Banca Monte dei Paschi di Siena. When contacted by AFP, Nomura declined to comment.
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Paris - Emiratesvoice
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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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