Rihanna’s red carpet look at the 2012 Grammy Awards was amazing. Wearing a plunging black Armani dress with a sexy leg slit, which she wore with sleek gold accessories, Rihanna’s classic and sexy ensemble was breathtaking on the newly blonde singer. While usually her style can be quirky and unpredictable, she has opted for something more classic in this case Replica Tag heuer Watches, which is the great thing about black dresses.  A full black gown can be made extraordinarily chic with the right accessories, such as Rihanna’s gold clutch and bracelets that really stand out here.

To get the look, pick out a dress that draws attention to one key area, just like Rihanna’s dress which has a unique plunging neckline that is hard to miss. Look through all those cocktail dresses to find one that will stand the test of time and has a ‘modern classic’ vibe, take old Hollywood as your inspiration. Add some statement accessories to your look, such as daring gold jewels or even a pair of bright heels Replica Tag heuer Watches, and you’ll be upstaging Rihanna’s sizzling red carpet outfit in no time.

By Shaji Mathew

Feb. 15 (Bloomberg) — Dubai Aerospace Enterprise Ltd., which canceled orders for Airbus SAS and Boeing Co. planes last year said its acting Chief Executive Officer George Mushahwar lef the company.

Dubai Aerospace’s core management team, led by the chief operating officer Watches Replica, remains intact and committed to enhancing shareholder value, the company said in an e-mailed statement today. Mushahwar left to start an independent business venture Watches Replica, it said.

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

Business Exchange E-mail Print READER DISCUSSION

By Zachary Tracer

Feb. 17 (Bloomberg) — The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses and prices are as of the close of trading. Preferred shares are usually the most-traded class of stock.

The Bovespa Index advanced 0.1 percent to 66,203.50.

Cia Brasileira de Distribuicao Grupo Pao de Acucar (PCAR4 BS) gained 5.7 percent to 79.20 reais, rising the most on the Bovespa. Brazil’s biggest retailer said fourth-quarter profit rose 43 percent to 361 million reais ($211 million), exceeding analysts’ estimates, as the company improved profit margins.

Duratex SA (DTEX3 BS) lost 2.7 percent to 9.91 reais. The maker of wood panels and bathroom fixtures reported adjusted net income of 79.4 million reais in the fourth quarter, falling short of the average analyst estimate compiled by Bloomberg for 80.47 million reais in profit.

OGX Petroleo & Gas Participacoes SA (OGXP3 BS) advanced 2 percent to 17.65 reais Replica Watches, extending its weekly gain to 4.9 percent. Oil climbed to a nine-month high in New York, as signs of an improving U.S. economy and progress on a Greek bailout bolster the outlook for fuel demand. Petroleo Brasileiro SA (PETR4 BS) gained 0.7 percent to 24.05 reais, for a 2.3 percent gain this week, the first five-day rise in three weeks.

–Editors: Glenn J. Kalinoski, Brendan Walsh

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos in New York at papadopoulos@bloomberg.net

Business Exchange E-mail Print READER DISCUSSION

By Hui-yong Yu

(Updates with developer’s comment in eighth paragraph.)

Feb. 15 (Bloomberg) — Amazon.com Inc., the largest Internet retailer, is in talks to buy land next to its Seattle headquarters that the company may use for expansion, said two people with knowledge of the discussions.

The site is being sold by Clise Properties Inc., a family- owned office developer in Seattle. Clise put 12.5 acres (5 hectares) of land up for sale in 2007. The global credit crisis led to offers falling short of the company’s $600 million target, prompting it to end talks with potential buyers including Emaar Properties PJSC of Dubai in April 2008.

Amazon plans to buy part of the Clise parcel, said one of the people with knowledge of the talks, who asked not to be identified because the negotiations are private. The land is zoned for commercial and residential development, including towers. The Clise family acquired the property in stages starting in the late 1920s.

Michele Glisson, a spokeswoman for Amazon, declined to comment. Al Clise, chairman of Clise Properties, didn’t respond to requests for comment.

Clise Properties’ triangular parcel is located just north of Seattle’s central business district and immediately south of South Lake Union, the neighborhood where Amazon moved its headquarters in 2010. The parcel is bordered by Denny Way Replica watches, Westlake Avenue and Fifth Avenue.

Rising Employee Numbers

Amazon employed about 56,200 people, including part-time workers, as of Dec. 31, up from 20,700 employees at the end of 2008 and 7,500 a decade ago, after the Internet bubble burst, according to company filings with the U.S. Securities and Exchange Commission.

The retailer is considering opening its first physical store in Seattle in the next few months, the website Good E- Reader reported on Feb. 4, citing sources it didn’t identify.

Companies tend to be less interested in the flexibility offered by leasing once they establish permanent headquarters, said Greg Johnson, president of Wright Runstad & Co., the Seattle-based company that developed Microsoft Corp.’s campus in Redmond, Washington, and leased space to Amazon at its former headquarters. It makes sense that Amazon would explore buying land near its new campus to expand, according to Johnson, who said he has no knowledge of the efforts.

“We saw the same thing with Microsoft 20 years ago,” he said, adding that ownership gives companies greater control over amenities to help attract employees. “Once you know this is your hometown, it starts to make more sense to own.”

–With assistance from Danielle Kucera in San Francisco. Editors: Daniel Taub, Josh Friedman

To contact the reporter on this story: Hui-yong Yu in Seattle at hyu@bloomberg.net

To contact the editor responsible for this story: Daniel Taub at dtaub@bloomberg.net -0- Feb/15/2012 14:40 GMT

Business Exchange E-mail Print READER DISCUSSION

By Dinakar Sethuraman and Yuji Okada

(Updates with comment from spokesman in sixth paragraph.)

Feb. 10 (Bloomberg) — Chubu Electric Power Co., the third- largest utility in Japan, agreed to buy about 8 million metric tons of liquefied natural gas from BP Plc over 16 years.

BP Singapore Ltd. will start supplying LNG on a delivered basis to the Aichi, Japan-based company in the year ending March 2013, according to a statement on Chubu’s website. Shipments will average about 500,000 tons a year, about 4.8 percent of Chubu’s purchases last year of 10.5 million, according to data compiled by Bloomberg.

BP, a partner in LNG projects in Australia, Indonesia, Abu Dhabi and Trinidad & Tobago, has capacity of 12 million tons, the company said in a presentation on its website.

Mikio Inomata, a spokesman for Chubu, said the company traditionally buys LNG directly from project owners rather than portfolio suppliers, which pool supplies from different sites. He declined to disclose what price the company will pay in its agreement with BP.

“We believe the price is very competitive in the Japanese market,” he said. “Normally, we buy LNG from the project owners and it is very rare to buy from portfolio suppliers. We have signed only one similar deal, which was with BG Group Plc.”

Chubu agreed last year to buy as much as 122 cargoes, or 8.54 million metric tons, of LNG from BG over 21 years from April 1, 2014, Inomata said. Buying from companies insulates customers from a supplying country’s fuel export policies, he said. Indonesia Herve Leger, Japan’s fourth-biggest LNG supplier, said that it reduced exports after diverting the fuel to domestic users.

Plant Closure

Chubu plans to increase LNG purchases by 24 percent in the year ending March 2012 to 13 million tons to make up for the closure of a nuclear plant, Akio Miyazaki, a company spokesman, said in October. It shut its Hamaoka nuclear plant after the March 11 earthquake triggered the country’s worst radiation leak from Tokyo Electric Power Co.’s Fukushima Dai-Ichi reactor.

Japan, the world’s biggest buyer of LNG, paid an average of $798 a ton in 2011, 23 percent more than a year earlier, according to calculations based on data from the country’s finance ministry. That is equivalent to $15.35 per million British thermal units and about six times the price of U.S. futures at Henry Hub, according data compiled by Bloomberg.

–With assistance from Yuji Okada in Tokyo. Editors: John Chacko, Christian Schmollinger

To contact the reporter on this story: Dinakar Sethuraman in New Delhi at dinakar@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski in Singapore at akwiatkowsk2@bloomberg.net

Business Exchange E-mail Print READER DISCUSSION

A MAN was sentenced to a year in prison for attempting to rob a UK power substation that exploded when he urinated against a transformer.

Michael Harper, 36, was permanently disfigured after suffering serious burns in the blast at the electricity substation under a railway arch in Leicester, central England, The Leicester Mercury said today.

The father of two was left burning on the floor by his accomplice, 50-year-old Richard Boyce, who tried to drive off but later was found by police with blistered hands.

The incident last March also left 2000 homes and businesses without power and caused £26,500 ($42,000) damage as the two men tried to take metal from the station last March.

Harper was jailed for a year after pleading guilty to burglary and criminal damage at Leicester Crown Court, while Boyce was sentenced to four years in jail.

Recorder Michael Stephens told Harper that he had "suffered a punishment, it seems to me Replica Watches, already" at the sentencing.

"You were seriously injured and very nearly lost your life and will be permanently disfigured," Stephens said.

Prosecutor Sian Cutter said Boyce told police the explosion happened when Harper urinated against the transformer. Boyd also told police the two went to the station to take heroin, she said.

Cutter added that the explosion set fire to oil that Boyd, who claimed to have knowledge as an electrician, drained from inside the conductors to insulate against electrical changes.

Read more at The Leicester Mercury.

By Katherine Burton

Dec. 28 (Bloomberg) — Billionaire hedge-fund manager Steve Cohen is bidding for the Los Angeles Dodgers, according to a person familiar with the effort, his second try this year to buy at least a piece of a Major League Baseball team.

Cohen, 55, who runs the $14 billion SAC Capital Advisors LLC in Stamford, Connecticut, is working with Steve Greenberg, a managing director at Allen & Co., and has hired the architectural firm Populous to look at the possible renovation of Dodger stadium Replica Watches, said the person, who was granted anonymity because the sale process is confidential. He’s also met with sports agent Arn Tellem, the person said.

Tellem may end up running the team if Cohen is successful in his bid, according to the Los Angeles Times, which reported the story earlier.

Jonathan Gasthalter, a spokesman for Cohen, declined to comment. Tellem and Greenberg didn’t return e-mails seeking a comment. Executives of Kansas City, Missouri-based Populous, whose offices are closed for the holidays, couldn’t be reached.

Cohen isn’t the only bidder said to be eyeing the Dodgers. Guggenheim Partners Chief Executive Officer Mark Walter said this month than he was joining with Basketball Hal of Fame member Magic Johnson to bid for the team.

The Dodgers, who have won six World Series championships, filed for bankruptcy on June 27. Last month, Frank McCourt, the team’s owner, agreed to sell. Bids are due on Jan. 13. At the time of the bankruptcy, sports bankers said the Dodgers may fetch up to $1 billion.

Mets Bid

Cohen bid this year for a minority stake in the New York Mets. Another hedge-fund manager, David Einhorn of Greenlight Capital Inc., won the bid, but the two parties later walked away from the deal.

The Mets’ principal owners, Fred Wilpon and Saul Katz, are in a legal battle with the trustee in charge of recovering money for investors in Bernard Madoff’s Ponzi scheme. The team got a $25 million loan from Major League Baseball a year ago, and the New York Times said this month that the franchise received a $40 million bridge loan made available through Bank of America Corp.

The Mets lost $70 million in 2011, General Manager Sandy Alderson told reporters at baseball’s Winter Meetings this month.

–with reporting by Erik Matuszewski and Scott Soshnick in New York and Rob Gloster in San Francisco. Editors: Larry Siddons, Jay Beberman

To contact the reporter on this story: Katherine Burton in New York at kburton@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

Business Exchange E-mail Print READER DISCUSSION

By Tim Culpan and Chris Cooper

Jan. 4 (Bloomberg) — A United Continental Holdings Inc. flight to Shanghai landed in Canada and then returned to New York’s Newark airport because of a toilet fault.

The plane spent a couple of hours on the ground before turning back, said Naoko Munakata Replica Watches, a Tokyo-based employee at Hill & Knowlton, the PR agency that represents United in Japan. The service will take off again from Newark at 5:30 a.m. today, she said by e-mail.

The flight left Newark at 11:06 a.m. yesterday before diverting to Goose Bay Airport, according to information on United’s Website.

–Editors: Neil Denslow, Chris Jasper

To contact the reporter on this story: Tim Culpan in Taipei at tculpan1@bloomberg.net; Chris Cooper in Tokyo at ccooper1@bloomberg.net

To contact the editor responsible for this story: Neil Denslow at ndenslow@bloomberg.net.

Business Exchange E-mail Print READER DISCUSSION

By Scott Hamilton and Jennifer Ryan

Jan. 25 (Bloomberg) — The U.K. economy shrank more than economists forecast in the fourth quarter as manufacturers cut output and services stagnated, leaving Britain on the brink of another recession

Gross domestic product fell 0.2 percent from the third quarter, when it increased 0.6 percent, the Office for National Statistics said in London today. The median forecast of 33 forecasts in a Bloomberg survey was for a drop of 0.1 percent. Public-sector strikes over pensions on Nov. 30 had “some impact” on GDP in the quarter, the statistics office said.

Bank of England Governor Mervyn King said yesterday that policy makers can increase stimulus again if needed to guard against a “renewed severe downturn.” The U.K., the first Group of Seven nation to report fourth-quarter data, may not be the last to report a contraction. Germany’s statistics office estimated GDP fell about 0.25 percent in the period and the International Monetary Fund has forecast a euro-area recession.

“While a technical recession cannot be ruled out, the signs are that the economy is turning the corner slowly,” Barclays Capital economist Blerina Uruci in London wrote in an e-mailed note today. “Nevertheless, with the euro crisis grinding on, the near-term outlook remains precarious.”

The pound pared its decline against the dollar after the GDP report and was trading at $1.5561 as of 12:32 p.m. in London Replica Watches, down 0.4 percent on the day. The yield on the 10-year U.K. government bond fell 1 basis point to 2.17 percent.

German Confidence

In the euro area, German business confidence jumped more than economists forecast in January to a five-month high. The Ifo institute’s business climate index climbed to 108.3 from 107.3 in December. Economists predicted an increase to 107.6, according a Bloomberg News survey.

The U.K. is also showing “tentative” signs of recovery, according to the Confederation of British Industry. Its index of factory orders rose in January to a four-month high of minus minus 16 from minus 23. An outlook gauge also increased.

Bank of England policy makers voted unanimously this month to keep their target for bond purchases unchanged, with some officials saying more stimulus is “likely,” minutes published today showed. The central bank’s current program of so-called quantitative easing is due to be completed early next month.

Federal Reserve policy makers conclude a two-day meeting and will release a statement at 12:30 p.m. in Washington. The central bank will also publish forecasts from Federal Open Market Committee participants for the main interest rate, and Chairman Ben Bernanke plans to hold a press conference.

Stocks Fall

European stocks fell for a second day after Ericsson AB and Novartis AG posted earnings that missed analysts’ estimates. The benchmark Stoxx Europe 600 Index slipped 0.8 percent, while the FTSE-100 Index fell 0.7 percent. Futures contracts on the Standard & Poor’s 500 Index expiring in March lost 0.3 percent.

In Asia, the Bank of Thailand cut interest rates for a second straight meeting to help spur a recovery from the nation’s worst floods in almost 70 years and counter moderating external demand.

Japan recorded its first annual trade gap since 1980 last year, driven by an energy-import surge as nuclear plants shut down and by a shift of manufacturing overseas. A third straight monthly merchandise trade deficit in December capped an annual shortfall of 2.49 trillion yen ($32 billion), the finance ministry said in Tokyo.

Services Stagnate

The U.K. data showed that industrial production fell 1.2 percent in the fourth quarter, with manufacturing contracting 0.9 percent, the most in more than two years. Construction shrank 0.5 percent, while services stagnated. In 2011 Replica Watches, GDP rose 0.9 percent versus 2.1 percent in 2010.

With the government constrained by its pledge to all but eradicate a budget deficit of 9 percent of GDP, pressure is growing on the Bank of England to expand its 275 billion-pound ($429 billion) bond-buying program.

“With inflation falling back and wage growth subdued, there is scope for interest rates to remain low, and, if necessary, for further asset purchases, to prevent inflation falling below the 2 percent target,” King said late yesterday.

Turmoil in the euro region, rising unemployment and government austerity measures are sapping confidence in an economy that has recovered barely a half of the output lost during the 2008-2009 recession, which was the deepest since World War II. Only the recoveries in Japan and Italy are further behind among Group of Seven nations.

The IMF cut its 2012 U.K. growth forecast to 0.6 percent from 1.6 percent yesterday. Ernst & Young meanwhile says the U.K. economy may contract again the first quarter, marking its first double-dip recession in more than three decades.

“These are disappointing figures about what happened to the economy at the end of last year, but they are not entirely unexpected because of what’s happening in the world,” Chancellor of the Exchequer George Osborne said, referring to the GDP data. “Britain has substantial economic problems. But the truth is that dealing with those problems is made more difficult by the situation in the euro zone.”

–With assistance from Mark Evans and Svenja O’Donnell in London. Editors: Fergal O’Brien, Andrew Atkinson

To contact the reporters on this story: Scott Hamilton in London at shamilton8@bloomberg.net; Jennifer Ryan in London at jryan13@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

Business Exchange E-mail Print READER DISCUSSION