Alibaba to pay $266m for Hong Kong's SCMP newspaper
China economy
Hong Kong - Arab Today
Chinese internet giant Alibaba will pay HK$2.06 billion (US$265.8 million) for Hong Kong's South China Morning Post, the paper said in a statement to the city's stock exchange.
Alibaba "has agreed to purchase the media business of the (SCMP) Group for a cash consideration of HK$2,060,600,000," the statement to the Hong Kong Stock Exchange said.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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At Sports Court
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Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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Paris - Muslimchronicle
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 his
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