Seoul large firms\' debt-repaying ability worsens in 2013
Seoul - Yonhap
Nearly one out of four listed companies with annual sales of 1 trillion won (US$974 million) or more were unable to cover interest payments with their earnings last year as a sluggish domestic market hurt their profitability, data showed Wednesday. According to Chaebul.com, which tracks the nation's top conglomerates, 36 firms, or 23 percent, out of 159 companies that logged annual sales of 1 trillion won or more reported an interest coverage ratio of below 1 last year.
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Paris - Emiratesvoice
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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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