ECB holds key interest rates at record lows
Frankfurt economy
Frankfurt - Arab Today
The European Central Bank kept its key interest rates at record lows Thursday and made no changes to its massive bond-buying programme in the first policy meeting of 2017, a spokeswoman said.
The bank's governing council voted to hold the benchmark refinancing rate at zero percent and the deposit facility rate at minus 0.40 percent, she said.
Policymakers were widely expected to stay the course with their monetary stimulus, after announcing an extension of the ECB's asset-purchasing scheme last month.
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With Job Cuts, China Deal
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Paris - Emiratesvoice
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Beirut - NNA
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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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