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Europe's economic integration 'insufficient': IMF chief economist
Europe's economic integration 'insufficient': IMF chief economist
Economy
by  AFP

The EU's attempts to integrate the economies of its 27 member states have been insufficient to boost lackluster growth, the IMF's chief economist said in an interview. "There's been some progress, but insufficient in our view, in terms of integrating these economies," Gourinchas said.

Maria Grazia Chiuri named creative director at Fendi
Maria Grazia Chiuri named creative director at Fendi
Economy
by  AFP

Italian designer Maria Grazia Chiuri was named Tuesday as the new chief creative officer at Rome-based luxury brand Fendi, just months after stepping down as womenswear designer at Dior. "Maria Grazia Chiuri is one of the greatest creative talents in fashion today," said Bernard Arnault, the multi-billionaire chief executive of fashion giant LVMH, which owns Fendi and Dior.