Euro-region inflation slows in July
Luxembourg - Fana
Euro-region inflation unexpectedly slowed in July, though it remained above the European Central Bank’s 2 per cent ceiling for an eighth month as rising energy prices added pressure on companies to pass on higher costs. The inflation rate in the 17-country euro region declined to 2.5 per cent from 2.7 per cent in the previous month, the European Union’s statistics office in Luxembourg said today in an initial estimate. The European Central Bank (ECB) last month forecast euro-region inflation to average 2.6 per cent this year and 1.7 per cent in 2012.
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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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Microsoft to open 4 data centres
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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