Reserve Bank of Australia trims interest rate
Canberra - UPI
The central bank of Australia Tuesday lowered its lending rate to a record 2.5 percent, trimming the rate by a quarter percentage point. The Reserve Bank of Australia did not respond to the 2009 financial crisis with aggressive interest rate cuts as central banks of other developed economies did. Australia's commodity-based economy survived the crisis largely unscathed. But a slowdown in export demand took its toll on Australian businesses. The Wall Street Journal reported Tuesday's rate cut is the eighth interest rate reduction since November 2011. Another interest rate reduction is expected by the end of the year, the Journal reported.
GMT 19:30 2018 Wednesday ,03 January
EU launches last crisis-battling finance reformGMT 17:13 2017 Thursday ,14 December
South Korea bans its banks from dealing in BitcoinGMT 19:16 2017 Monday ,11 December
Britain’s smaller banks jostle for business banking grantsGMT 19:31 2017 Sunday ,10 December
Britain’s smaller banks jostle for business banking grantsGMT 17:28 2017 Thursday ,07 December
India's central bank holds rates at seven-year lowGMT 17:55 2017 Sunday ,03 December
Saudi banks prepare for riyal coinsGMT 15:10 2017 Wednesday ,29 November
Societe Generale shares climb after cost-cutting planGMT 19:22 2017 Friday ,17 November
Deutsche Boerse taps top banker as new CEO
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
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
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens more
GMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: Caixin
GMT 13:31 2017 Wednesday ,16 August
Clean Beauty Co. launches Mega Mist
GMT 05:56 2015 Tuesday ,30 June
Egypt's radio cancels celebrations marking June 30 Revolution
GMT 17:31 2017 Wednesday ,15 February
Porsche reveals new 2018 Panamera
GMT 10:10 2015 Friday ,23 January
Rush to mark 40 years with final big tour
GMT 00:32 2017 Monday ,01 May
Dr. Rawiya bint Saud Al Busaidiyah, Minister of Higher Education received Josette Sheeran,
GMT 13:52 2017 Monday ,06 November
2017 set to be hottest non-El Nino year on record: UN
GMT 08:44 2017 Wednesday ,15 November
Largest diamond ever auctioned to go
GMT 01:02 2017 Thursday ,11 May
Huge untapped potential in sports tourism, says Oman Sail CEO
GMT 19:42 2017 Monday ,21 August
Wydad’s footballer confident of team’s ability
GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under way
GMT 17:50 2018 Wednesday ,03 January
King Salman receives Cypriot president
GMT 12:48 2017 Sunday ,16 July
No bird-brain here: Ravens can plan ahead
GMT 13:19 2017 Monday ,03 July
Scentered launches Travel Essentials Aromatherapy
GMT 01:10 2017 Wednesday ,12 July
NASA probe successfully peers into Jupiter's Great Red Spot
GMT 08:49 2017 Thursday ,30 March
Stuff magazine launches Hot Stuff online section
GMT 14:50 2017 Friday ,15 December
EU says 15,000 migrants to exit Libya in two months
GMT 19:49 2017 Friday ,08 September
Sunday Times Style senior fashion assistant goes freelance
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