US exports hit a record high in July
Washington - Arabstoday
US exports hit a record high in July, pushing the country\'s trade deficit down to its lowest level in three months, official figures have shown. Led by strong overseas sales of manufactured goods, US exports rose 3.8% to $178bn (£111bn), said the Commerce Department. At the same time, imports fell 0.2% to $222.8bn, helped by a fall in the price of oil reducing the cost of the US\'s crude imports. The trade gap fell 13.1% to $44.8bn. The figures will be welcome news for President Barack Obama, who is set to give a job creation speech later. Official figures last week showed that no new jobs were created in the US in August, leaving the unemployment rate at 9.1%.
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France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
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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