There is a very unusual thing going on in the municipal market right now: People are losing money by the bucket, and soon they’ll be losing money by the boatload. While regrettable, this is what happens when reality intrudes upon a fantasy. Because Puerto Rico has defaulted, is defaulting and will default on some or all of the $70 ...

  ISTANBUL / AP Spring colours, breezy fabrics, high necklines and long hemlines: The International Modest Fashion Week opened in Istanbul as Turkey sought to be seen as a creative hotspot for a unique blend of tradition with style around the world. Seventy designers are taking part in the two-day event hosted by Modanisa, an online retailer of Muslim fashion, ...

  ABU DHABI / Emirates Business To celebrate the latest summer trends, Marina Mall Abu Dhabi, the capital’s leading shopping destination, will launch its summer fashion show from 12 to 13 May, 2016. Hosted by Joelle Mardinian, the fashion event includes the latest looks from some of the mall’s top brands. The talented beauty expert and TV presenter will host ...