Macarthur: No to $5.2 billion bid
St. Louis - UPI
Australian mining company Macarthur Coal Ltd. over the weekend said no to an unsolicited $5.2 billion bid from a pair of industrial giants.The bid, a 40 percent premium over Macarthur\'s recent stock market value, was the second time in as many years that Peabody Energy Corp. of St. Louis attempted to buy the coal-mining company. This year, however, Peabody strengthened its bid with support from steelmaker ArcelorMittal, the St. Louis Post-Dispatch reported Monday.Peabody is attempting to expand its presence in Australia, which has plenty of coal and is close to emerging Asian markets, the newspaper said.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
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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