S&P 500, Nasdaq end at records after strong earnings
- Wall Street stocks
New york - Emirates Voice
Wall Street stocks closed higher Tuesday, with the S&P 500 and Nasdaq narrowly edging to fresh records following some high-profile earnings victories by McDonald's, Caterpillar and others.
Of the three major indices, the Dow Jones Industrial Average scored the biggest gain of 0.5 percent to end the day at 21,613.56, but falling short of a record.
The S&P 500 gained 0.3 percent to 2,477.10, just 3-1/2 points more than the prior all-time-high, while the Nasdaq Composite Index ended at 6,412.17, up a hair from Monday, when the index also finished at a record.
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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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Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
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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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