Thursday , 12 February 2026

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Versace goes urban yet romantic

  Relaxnews The Italian fashion house has joined a host of luxury brands in unveiling the shape of its pre-spring 2017 collection. The Resort 2017 preview has a distinctly urban feel, laced with sportswear and romantic influences. The starting point for this new collection from Donatella Versace is an imaginary coast-to-coast road trip in the USA, traveling from city to …

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Russia hosts Ballets Russes designer

  AFP The exotic stage and costume designs of Russian-born designer Leon Bakst, made famous at the Ballets Russes, are on display in a major retrospective in Moscow which examines his shock impact on fashion and theatre. The exhibition which opened this week at the Pushkin Musem of Fine Arts features around 250 works by the designer, born 150 years …

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Bond investors losing faith in Central Banks turn to German debt

  Bloomberg Investors are showing little appetite for repeating the rebellion against record-low government bond yields in Europe that peaked this time last year. As faith in central bankers’ ability to boost economic growth and revive inflation diminished, German 10-year bund yields slid to a record this week. The previous low set in April 2015 was followed by a spike …

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Fitch holds Britain’s rating stable but warns over Brexit

  Washington / AFP Credit agency Fitch left Britain’s rating unchanged at “AA+” but warned that if the country votes in favor of exiting the European Union, the rating could be lowered. Fitch said the country merits its second-highest credit grade due to its wealthy, diversified and flexible economy, its solid policy management and the global strength of the British …

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No plans to disrupt transport to Euro opener: French union

  Paris / AFP France’s main union said that striking transport workers had been instructed not to block football fans from reaching the Paris stadium for the Euro 2016 kick off. “All the supporters will be able to reach the Stade de France stadium this evening,” CGT union leader Philippe Martinez, adding that despite an ongoing train strike “there are …

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ECB’s foray into junk-rated bonds seen as ‘too little, too late’

  Bloomberg Mario Draghi’s foray into corporate bonds with junk ratings was an “aggressive” effort in monetary stimulus, but it still may not be enough to jump-start the region’s economy, according to Putri Pascualy at Pacific Alternative Asset Management Co. “It was a very aggressive move,” Pascualy, managing director and credit strategist for Paamco, said of the European Central Bank …

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Bank of Canada chief warns over Toronto,Vancouver housing risks

  Bloomberg Bank of Canada Governor Stephen Poloz gave one of his bluntest warnings to date about the country’s housing boom, saying Vancouver and Toronto buyers should realize strong price gains probably can’t be sustained by economic fundamentals. “This suggests that prospective homebuyers and their lenders should not extrapolate recent real estate performance into the future when contemplating a transaction,” …

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