Kuwait crude price up to $112.86 pb
Kuwait - KUNA
Price of Kuwait crude oil was up 46 cents on Saturday to USD 112.86 pb, compared with USD 112.40 pb the previous day, Kuwait Petroleum Corporation (KPC) said on Saturday. Prices of oil have been rising due to positive economic reports from China and the United States, where prices of forward deals for the Brent crude closed with an up on Friday. The Brent deals concluded delivery contracts for March with a rise of USD 1. 66, settling at USD 118.90 pb, the highest hike since May. Gains of the Brent deals for the week reached USD 2.14. In New York\'s Nymex, prices of forward deals of the American crude closed with slight drop, on Friday, ending the week with a loss of two percent, due to speculations crude reserves will continue to grow. Meanwhile, Brent crude international contracts grew by more than USD 23. Contracts of the American light crude ended the delivery contracts for March with a drop of 11 cents, settling at USD 95.72 pb. Moreover, the American crude ended the week with a drop of USD 2.05, following eight consecutive weeks of gains.
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With Job Cuts, China Deal
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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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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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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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