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(MENAFN - AFP) The legendary French fashion label Chanel paid hommage to its founder Coco Chanel Tuesday with a show at the Ritz in Paris.

Pillbox hats with netted veils, long woolly jumpers and scarves, tweed suits glittering with gorgeous inlay and pearls aplenty, you half expected Mademoiselle Chanel to appear for afternoon tea with one of her ne'er do well aristocratic ...

 
(MENAFN - AFP) European markets pushed higher on Tuesday as Paris stocks reached the year's highest level and Italian banks surged, while oil prices weighed on Wall Street.

Traders have registered little reaction to Italian Prime Minister Matteo Renzi's defeat in Sunday's referendum and subsequent resignation in the wake of recent shock votes in Britain and the United States.

2016 ...

 
(MENAFN - AFP) Marijuana-friendly Uruguay will soon have a museum dedicated to pot.

"It is a way to connect people who love nature, art and science," said the director of the museum, Eduardo Blasina.

The museum, opening Friday in Montevideo, will help people learn more about one of the world's oldest crops, Blasina said.

What is more, marijuana is now one of ...

 
(MENAFN - AFP) A top US business lobby Tuesday praised President-elect Donald Trump's emphasis on boosting US manufacturing jobs, but warned it could backfire if he provokes a trade war.

"I am at this point optimistic, although I am little bit worried about some of the rhetoric," said Doug Oberhelman, chief executive of Caterpillar and chairman of the Business Roundtable.

Oberhelman ...

 
(MENAFN - AFP) The US Supreme Court on Tuesday overturned a $399 million penalty imposed on Samsung for copying Apple's iPhone design, in a case watched closely for patent infringement in the digital era.

The justices ruled 8-0 that Samsung should not be required to forfeit the entire profits from its smartphones for infringement on design components, sending the case back ...

 
(MENAFN - AFP) Britain must broker its deal to leave the EU by October 2018, the bloc's chief Brexit negotiator Michel Barnier said on Tuesday, warning that time for talks was running out.

Frenchman Barnier added that an interim deal to soften the blow of Britain's departure was "difficult to imagine" unless it quickly told Brussels what it wanted from a Brexit deal.

Despite ...

 
(MENAFN - AFP) British Prime Minister Theresa May is to meet Gulf leaders who on Tuesday opened their annual summit in Bahrain, for talks on trade ties after Britain leaves the European Union.

King Salman of Gulf heavyweight Saudi Arabia opened the summit with a call for "doubling of efforts" to face regional challenges.

May is expected to meet the leaders later Tuesday ...

 
(MENAFN - AFP) The US Supreme Court on Tuesday tossed out a $399 million patent award from Samsung over copying Apple's iPhone design, sending the case back to a lower court.

The justices ruled 8-0 that Samsung should not be required to forfeit the entire profits from its smartphones for infringement on design components, in a case closely watched by the tech industry.

The ...

 
(MENAFN - AFP) New orders for US manufactured goods rose a fourth consecutive month, with civilian aircraft orders nearly doubling, the Commerce Department reported Tuesday.

Orders rose a solid 2.7 percent to $469.4 billion, considerably faster than the pace of the prior two months and surpassing an analyst consensus forecast, which had called for a 2.5 percent increase.

For ...

 
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