US dollar exchange rate settles at KD 0.277
Kuwait - Kuna
Exchange rate of the US dollar against the Kuwaiti dinar stayed unchanged at KD 0.277 while the euro dropped to KD 0.362 compared to Tuesday\'s rates, said the daily bulletin of the Central Bank of Kuwait (CBK) on Wednesday. The Sterling pound went up KD 0.437. The Japanese yen was unchanged at KD 0. 003, while the Swiss franc slipped to KD 0.301. Greece promised to take all necessary measures to prevent any relapse in its economy after receiving a second EU rescue package. Greece needs about euro 130 billion to make drastic structural reform in the country. It is expected that Europe and the US are going to slip into recession this year despite slight world economic recovery.
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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
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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