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(MENAFN - AFP) It was coconuts all round as Dolce & Gabbana unveiled a tropically-tinted collection for next spring and summer with a typically joyful show in Milan on Sunday.

At a time when all the talk is of the action on the street outside becoming more important than what goes on the catwalk, the Sicilian duo took the logical step of bringing the street inside.

As ...

 
(MENAFN - AFP) The World Bank on Sunday urged Sudan to undertake swift structural reforms to revive its ailing economy, which a top Sudanese official insisted had been adversely impacted by US trade sanctions.

Rising inflation and the loss of nearly 75 percent of oil earnings following the north-south split in 2011 have led to a steady decline in the country's economic growth ...

 
(MENAFN - AFP) The less-than-supersonic sale of French Rafale fighter jets to India has highlighted the obstacles facing foreign arms firms seeking to do business with the world's biggest weapons importer.

India has signed a series of key defence deals under Prime Minister Narendra Modi as part of a $100 billion upgrade of its Soviet-era military hardware, making it an attractive ...

 
(MENAFN - AFP) The scandal was complex but its outcome potentially simple -- Ukraine tried to fiddle with its murky gas sector and upset its EU partners enough to freeze huge sums of financial help.

The fight for control over a profitable company that transports Russia's blue fuel to Europe also exposes the clan warfare and backstabbing that surrounds Ukrainian President ...

 
(MENAFN - AFP) Ozawa Shuzo brewery hums with activity as boxed bottles of sake are loaded onto trucks. But with the domestic market shrinking, more and more of it is bound for burgeoning overseas markets where the centuries old drink is all the rage.

The small establishment has recently drawn interest from potential new customers in Thailand, Vietnam and South Korea, on top ...

 
(MENAFN - AFP) Exploding batteries and an embarrassing recall of a flagship gadget during a controversial, closely-watched leadership transition -- it's been a bad year for Samsung, and analysts warn the trouble isn't over yet.

With ever-fiercer competition in the saturated smartphone market, South Korea's biggest firm is desperate to avoid a full-blown disaster that could ...

 
(MENAFN - AFP) From real estate, to high-tech firms to entertainment giants, Chinese investments in the United States, notably California, are moving at a dizzying pace and are on course to smash records again this year.

Chinese companies shelled out a record $15 billion last year in the US and that figure could more than double in 2016, according to research firm Rhodium ...

 
(MENAFN - AFP) Former IMF chief Rodrigo Rato stands trial Monday accused of overseeing a "corrupt system" that helped him and other executives misuse funds on hotels, parties and luxury shopping when he was a Spanish bank boss.

Uncovered in 2013 by a journalist who saw a hacked email alluding to "black credit cards," the case threatens to land the former economy minister ...

 
(MENAFN - AFP) Columns of steam shoot from the ground at an Indonesian power plant sitting in the shadow of an active volcano, as energy is tapped from the red-hot underbelly of the archipelago.

Pipes zig-zag up rugged mountainsides covered in tea plantations, carrying steam from the Earth's core to power enormous, electricity-generating turbines at the Wayang Windu facility ...

 
(MENAFN - AFP) With spats over Apple and Deutsche Bank and squabbles about Airbus and Boeing, approaching elections on both sides of the Atlantic are exacerbating strains in US-European economic relations.

The recent controversy over taxing the iPhone maker surely epitomizes the situation best. European authorities' decision in late August to force the American giant Apple ...

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