High demand for vintage Armani clothes after designer’s death

LONDON: Online searches for vintage Armani clothes have surged since Italian fashion designer Giorgio Armani died on Thursday, as shoppers scoured second-hand outlets for his styles. Armani, who led his eponymous company and remained in control of designs right up until his death at 91, was prolific, producing everything from expensive high-end suits to more modestly priced … Read more

Russia pounds Ukraine in largest airstrike

KYIV: Russia fired its biggest-ever aerial barrage at Ukraine early Sunday, killing four people and setting government offices in Kyiv ablaze, an attack President Volodymyr Zelensky warned would prolong the war. Flames could be seen rising from the roof of the sprawling government complex that houses Ukraine’s cabinet of ministers in the heart of the … Read more

In pursuit of capital

LAHORE: Developing economies have to borrow from multilateral institutions, bilateral sources, and foreign commercial banks to bridge their financing gaps. Most of these countries experience balance of payments’ crises and approach the International Monetary Fund (IMF) to meet their foreign exchange commitments. A green light from the IMF opens up external financing options for developing … Read more

Indonesia building collapse kills 3

JAKARTA: At least three people were killed and dozens were injured when a building hosting a prayer recital collapsed on Indonesia’s main island of Java on Sunday, a disaster official said. Around a hundred people, mostly women, had gathered for a Koran recital at a community hall in West Java’s Bogor district to commemorate the … Read more

Israel warns recognising Palestinian state could trigger ‘unilateral’ action

JERUSALEM: Israel’s foreign minister branded an international push to recognise Palestinian statehood a “mistake” on Sunday and warned it could trigger an unspecified unilateral response, after reports that Israel plans to annex parts of the occupied West Bank. Several countries, including France and Britain, have pledged to recognise a Palestinian state during the UN General … Read more