US Stocks Close Lower as Energy Shares, Oil Prices Drop
US stocks
New York - QNA
US stocks fell on Monday, led by the energy sector as oil prices dropped, while investors awaited the next run of major earnings reports.
The Dow Jones industrial average fell 19.04 points, or 0.095, to close at 20,052.42, with Verizon leading decliners and Merck the biggest riser.
The S&P 500 dropped 4.86 points, or 0.21%, to end at 2,292.56, with energy leading nine sectors lower and industrials and information technology rising. The Nasdaq composite fell 3.21 points, or 0.06%, to 5,663.55.
Overseas, European equities fell amid political uncertainty in France, as the pan-European Stoxx 600 index slipped 0.685. In Asia, stocks closed mostly higher, with the Shanghai composite rising 0.54% and the Nikkei 225 advancing 0.31%.
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With Job Cuts, China Deal
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
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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