China's State Grid buys majority stake of Brazil's CPFL for $4.5 bn
China economy
Beijing - Arab Today
China's State Grid has concluded a deal to buy a majority stake of Brazil's electricity giant CPFL for 14.19 billion reals ($4.5 billion), the company announced Tuesday.
The deal will advance the Chinese company's presence in the Brazilian market, where it operates 10,000 kilometres of power transmission lines, the official Xinhua news agency reported.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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