General Electric: Cancels sale of its appliance division to Electrolux
Swedish group Electrolux
Stockholm - Arab Today
General Electric announced Monday that it has decided to cancel the agreement to sell its appliance division to the which had offered last year to buy it for $3.3 billion.
The US conglomerate said in a statement that it was still interested in selling the appliance division, while Electrolux, which had wanted the acquisition to make it one of the world leaders in the appliance sector, said it was "disappointed" by the GE decision.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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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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