Consumer spending rebounds in July
New York - UPI
Consumer spending rose 0.4 percent in July over June, posting the sharpest gain in five months, the U.S. Commerce Department said Thursday. Adjusted for inflation, spending also rose 0.4 percent, after dropping 0.1 percent in June and coming in flat in May. Incomes rose 0.3 percent, or $42.3 billion, after rising 0.3 percent in May and June. Disposable incomes adjusted for inflation rose 0.3 percent after a rise of 0.2 percent in June and a gain of 0.5 percent in May. Private wages and salaries rose by $16.1 billion in July after rising $4.1 billion in June. With spending rising faster than incomes, the savings rate declined from 4.3 percent to 4.2 percent.
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German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
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Spain to leave EU's deficit 'sin bin' next year: Rajoy
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
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Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
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Turkey detains dozens more
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Prince Mishaal bin Majed visits Historic Jeddah Festival
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WHO warns of spread of Cholera as over six thousands infected
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Trump angers China, South Korea with new trade tariffs
GMT 07:16 2017 Thursday ,09 February
Al-Jazeera says two abducted staff freed in DR Congo
GMT 07:18 2015 Monday ,07 September
Bangladesh launches first lesbian comic strip
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Police: Teen who demanded airtime on Dutch TV acted alone
GMT 20:17 2017 Tuesday ,12 September
Baryshnikov, Youssou N'Dour among top art prize winners
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Crown Prince of Abu Dhabi to be chief guest at India's Republic Day celebrations
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Amazon’s moves beyond retail get Wall Street thumbs up, for now
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