GDP fails to spark markets
New York - UPI
Fourth-quarter economic growth of 2.8 percent announced by the U.S. Department of Commerce Friday failed to lift markets out of the doldrums. In midmorning trading, the Dow Jones industrial average lost 53.32 points, 0.42 percent, to 12,681.58. The Standard & Poor\'s 500 index dropped 3.36 points, 0.25 percent, to 1,315.07. The tech-dominated Nasdaq composite index added 3.32 points, 0.12 percent, to 2,808.60. The benchmark 10-year treasury note rose 3/32 to yield 1.928 percent. The euro rose to $1.3117 from Thursday\'s $1.3109. Against the yen, the dollar fell to 76.75 yen from Thursday\'s 77.45 yen. In Tokyo, the Nikkei 225 index lost 0.09 percent, 8.25, to 8,841.22.
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With Job Cuts, China Deal
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
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
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
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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