Walmart back atop Fortune 500 list
New York - UPI
Retail chain Walmart retook its spot at the top of the Fortune 500 list of the largest U.S.companies, the magazine said Monday. Fortune said Walmart, which had slipped to No. 2 behind Exxon Mobile, was able to \"refocus on low prices\" and attracted \"frugal customers.\" Revenue at Walmart reached $469.2 billion in 2012, topping Exxon Mobile, which came in at No. 2 with revenues of $449.9 billion The top five included Chevron, Phillips 66 and investment firm Berkshire Hathaway. Apple reached No. 6 while breaking into the top 10 for the first time. Also in the top 10: General Motors, General Electric, Valero Energy and Ford Motor Co. The magazine said Facebook had arrived, making it onto the list in 2012 with revenues of $5.1 billion, which put it at No. 482 on the list.
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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
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
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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