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(MENAFN - AFP) New York Fashion Week kicked off Thursday as models, bloggers and style queens braved the bitter cold to flock to the first shows as designers strive to make collections more inclusive than ever.

The highlight of the day will be rapper Kanye West presenting his third Yeezy collection at Madison Square Garden, in conjunction with the worldwide release of his ...

(MENAFN - AFP) The age-old quest for love is moving inexorably online for young and old Americans alike -- whether this means swiping on their phone for a hot date, or using matchmaking sites to find the perfect mate.

The 18 to 24 crowd has warmed to smartphone apps like Tinder that help them spot a match among a crowd of strangers. And the over-55 age group is growing more ...

(MENAFN - AFP) The Internet is now a growing and varied market place for trading illegal drugs in Europe, the European Union's watchdog agency said on Thursday.

"Almost any kind of illegal drug can be bought today on the Internet and delivered by mail, with no face-to-face contact between buyer and dealer," said Dimitris Avramopoulos, the European commissioner for migration, ...

(MENAFN - AFP) At least 12 indigenous children in Peru have died from rabies after being bitten by blood-sucking bats, which locals at first blamed on witchcraft, health officials said.

The children aged between eight and 15 died between September and February in two indigenous communities in the Amazon region of Loreto, regional health official Hermann Silva said.

"From ...

(MENAFN - AFP) French bank Societe Generale on Thursday reported net profits rose almost 50 percent last year, but its chief executive still felt compelled to calm nervous investors about the road ahead.

Net profit in 2015 surged to 4.0 billion euros ($4.5 billion) in 2015, exceeding analysts' expectations, but France's second-largest bank warned it would fall short of its ...

(MENAFN - AFP) Morgan Stanley agreed Thursday to pay $3.2 billion to settle US accusations it hid high risks in mortgage securities in actions that contributed to the 2008 financial crisis.

New York Attorney General Eric Schneiderman said his state and the US Justice Department had reached agreement with the large US bank in the longstanding probe on abuses in residential ...

(MENAFN - AFP) The head of the Russian central bank expressed concern Thursday about the volatility of the ruble, which has been shaken by fluctuations in the price of oil, and said a rate hike may be needed to counteract inflation risks.

"Right now, there is elevated volatility. This worries us," Elvira Nabiullina said at a meeting with commercial bankers, cited by Russian ...

(MENAFN - AFP) Federal Reserve Chair Janet Yellen said Thursday that it is too early to fully understand the impact on US economic growth of the turmoil in global markets.

Asked in a Senate hearing if the United States could be facing recession amid the global downturn, Yellen downplayed the chance of a contraction in the economy.

She said the Fed is "absolutely" taking ...

(MENAFN - AFP) Twitter shares skidded Thursday after its quarterly update failed to ease concerns that the messaging platform's growth initiatives are sputtering.

In early Wall Street trade, Twitter shares fell 4.4 percent to $14.32, extending their long decline and hitting fresh lows since the social network group went public in 2013.

The San Francisco group said its ...

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