US economic growth in Q1 revised downward to 1.9%
Washington - QNA
The US economy grew more slowly than first estimated in the first quarter, at an annual rate of 1.9 percent, the Commerce Department said on Thursday in a new estimate. Growth in gross domestic product, a broad measure of the nation\'s output, was revised downward from last month\'s estimate of 2.2 percent. GDP growth in the world\'s largest economy hit 3.0 percent in the final quarter of 2011. The slower pace in the first three months of the year was largely due to declines in private inventory investment and non-residential fixed investment and a pick-up in imports, the Commerce Department said. It was only a tick below the 2.0 percent pace analysts expected.
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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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