Gold crosses $1,880
New York - Arabstoday
Gold rose to a record above $1,880 (Dh6,905) an ounce in New York, poised for the longest run of weekly gains since April 2007, as escalating concern the global economy is slowing drove equities lower. Gold for December delivery gained $27.60, or 1.5 per cent, to $1,849.60 on the Comex at 10.40am in New York, after touching $1,881.40, the highest ever. Before yesterday, prices gained 4.6 per cent last week and 12 per cent since July 31. The metal is set for a seventh weekly advance as worse-than-expected US economic data and Europe\'s debt crisis boost speculation that growth will falter.
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Paris - Emiratesvoice
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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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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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