Euro bailout bond attracts strong demand
Frankfurt - AFP
There was strong demand for an issue of short-term bonds by the eurozone\'s bailout fund, the EFSF, data published by Bundesbank showed on Tuesday. The European Financial Stability Facility raised 1.972 billion euros ($2.6 billion) from an issue of three-month bills, the German central bank said in a statement. With investors bidding for a total 6.286 billion euros in bills, the issue was oversubscribed by more than three times. The weighted average yield on the issue was 0.222 percent.
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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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