Airbag maker Takata plummets 55% on bankruptcy fears
Takata
Tokyo - Emirates Voice
Takata shares plummeted by 55 percent Thursday on fears the troubled airbag maker plans to file for bankruptcy and sell its assets to a US company.
The company at the centre of the global auto industry's biggest-ever safety recall has tumbled for four straight days and is now worth less than a quarter of its value a week ago.
The shares closed at 110 yen ($1), falling 55 percent from its Wednesday close.
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France's Carrefour revamps operations
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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Sanofi buys US haemophilia treatment
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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All rights reserved to Arab Today Media Group 2021 ©
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