London trader jailed for 14 years for rigging Libor rate
Former UBS and Citigroup trader Tom Hayes
London - Arab Today
Former UBS and Citigroup trader Tom Hayes was on Monday sentenced to 14 years in jail for rigging the benchmark Libor inter-bank lending rate, in the first conviction of its kind.
The 35-year-old had earlier been found guilty on eight counts of conspiracy to defraud between 2006 and 2010, following a two-month trial at London's Southwark Crown Court.
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Buenos Aires - AFP
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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" opened 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 hisGMT 09:22 2018 Monday ,22 January
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