News related to Ardi

Kellogg outbids Abraaj third time for Bisco

Bisco Misr… bidding battle Kellogg outbids Abraaj third time for Bisco CAIRO, 2 days ago Breakfast cereal maker Kellogg Co has again raised its bid for Egyptian snack maker Bisco Misr, outbidding private equity group Abraaj for the third time and snatching the lead in a $140 million takeover battle. Kellogg said on Thursday it would improve its offer to EGP86.36 ($12.04) per share, hoping to secure […]

China, India to become biggest trading partners for GCC

DUBAI, 2 days ago Developing countries in Asia—particularly China and India—are rapidly becoming the biggest trading partners with Gulf Co-operation Council (GCC) countries ahead of other regions, according to a new report released by the Economist Intelligence Unit (EIU) in conjunction with Falcon and Associates. The study, entitled ‘GCC Trade and Investment Flows,’ explored the GCC’s economic ties with each world region and identifies major growth drivers. […]

Watan inks strategic tie-up with Natixis

Watan inks strategic tie-up with Natixis RIYADH, 2 days ago Natixis, the corporate arm of France’s banking group Groupe BPCE, and Saudi Arabia’s Watan Investment & Securities Company have signed a strategic cooperation agreement. The signing, which took place at the Council of Saudi Chambers in Riyadh, Saudi Arabia, marks the start of expectantly a long-term cooperation between the two institutions on a wide range of Natixis […]

Majority of Mena women see gender equality in jobs

Women in the Mena region mostly seek employmentin order to be more financially independent. Majority of Mena women see gender equality in jobs DUBAI, 2 days ago While 51 per cent of women in the Mena region consider recruitment and selection opportunities are regardless of gender, 31 per cent believe that women are treated less favourably in terms of salary, a report said. Women in the Mena […]

Oil slump won’t derail $500bn Gulf infrastructure plan

Gulf governments seek to improve the livesof citizens and create jobs. Oil slump won’t derail $500bn Gulf infrastructure plan DUBAI, 2 days ago Slumping oil prices will not halt a massive ramp-up in Gulf infrastructure spending, as rich nations deploy huge reserves to maintain a breakneck development pace and the rest turn to buoyant funding markets. However, states are being urged to consider the most effective funding […]

Global population living 6 years longer than in 1990

Cancer and heart disease death rates have fallen. Global population living 6 years longer than in 1990 LONDON, 2 days ago Global life expectancy has risen by more than six years since 1990 thanks to falling death rates from cancer and heart disease in rich countries and better survival in poor countries from diarrhoea, tuberculosis and malaria. In an analysis from the 2013 Global Burden of Disease […]

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The Mandy Rice-Davies I knew was more than a glossy, scandalous celebrity blonde

Mandy Rice Davies photographed in the 1960’s Photo: Rex Features I was 13 when it all happened. Parents in those days wished their children wouldn’t read scandals, with the predictable result that, for the first time in our lives, we read the papers avidly. Christine Keeler and Mandy Rice-Davies, the girls involved in the Profumo scandal of 1963, were of elder-sister age: the beehive hair, short shift-dresses and […]

Google Driving Toward Android-Powered Cars

Already well recognized for its efforts to develop self-driving cars, Google is reportedly also working on getting its Android mobile operating system built directly into a variety of vehicles. Such a system would allow drivers to use mobile apps without having to connect their cellphones to their cars, according to a Reuters article published Thursday. Google rolled out its preview of Android Auto in June. Designed to […]

T-Mobile Agrees to $90 Million FTC Settlement

Wireless giant T-Mobile has agreed to pay more than $90 million as punishment for placing unwanted third-party charges on phones, also known as “mobile cramming,” the Federal Trade Commission said Friday. If the announced agreement is approved by a U.S. District Court, it would resolve an FTC lawsuit filed in July that accused T-Mobile of billing customers for unwanted charges, including horoscope, love tip and celebrity gossip […]

December 19

FBI Blames North Korea for Sony Attack

The Federal Bureau of Investigation (FBI) is pointing the finger of blame for the Sony Pictures Entertainment (SPE) cyberattack directly at North Korea. In collaboration with other U.S. government departments and agencies, the FBI said it has enough evidence to conclude that the Communist nation is responsible for the attack. Now, President Barack Obama is responding. The hackers compromised Sony Pictures’ computer systems, stole data and intellectual […]

December 19

Financial profiles of banks to strengthen in 2015

Globally, banks will continue to make progressin restoring their financial fundamentals. Financial profiles of banks to strengthen in 2015 NEW YORK, 1 days ago The standalone creditworthiness of banks across the globe will continue to stabilise in 2015, a report said. At the same time, the number of negative banking system outlooks has risen, primarily reflecting the potential for a decline in systemic support, particularly in Europe, […]

Cyber threats increase by one billion in 2014

Cyber threat… rise in malicious attacks on computers and mobiles Cyber threats increase by one billion in 2014 JEDDAH, 1 days ago A total of 6.2 billon malicious attacks on user computers and mobile devices were blocked by Kaspersky Lab antivirus products in 2014, one billion more than in 2013, the vendor of endpoint protection solutions reported. In 2014 Kaspersky Lab experts saw considerable growth in the […]

Family firms â€˜key driver of GCC growthâ€™

Family firms… ouperforming non-family companies Family firms ‘key driver of GCC growth’ DUBAI, 1 days ago Family firms, which represent around 75 per cent of the private sector economy in GCC, outperform non-family firms by 15 per cent, and their continued success is a vital contributor to overall GCC growth, a report said. Family firms, which represent around 75 per cent of the private sector economy in […]

Sexism at the heart of Labour? Surely not

Labour leader Ed Miliband with MP for Manchester Central Lucy Powell Photo: Steve Back / Barcroft Media It was only a matter of time before Lucy Powell got it in the neck for being successful, young – and above all female. Just days after Ed Miliband promoted her vice-chair of Labour’s election campaign, the briefings against her began. Yesterday they reached a new frenzy, after she was blamed […]

Sony Threatens News Media over Stolen Data

Sony Pictures Entertainment was warned by hackers to “obey” or else, now the entertainment giant is warning news organizations how to treat its stolen data in the wake of the attack. Sony Pictures attorney David Boies wrote a three-page letter to several news media outlets, noting that the Sony documents were stolen information, and that anyone who received a copy should not review them — but rather […]

December 15

Skype Real-Time Translator Preview Goes Live

Microsoft on Monday made available the first public preview of Skype Translator, its service for real-time language translation. The preview program will kick off with two spoken languages, Spanish and English, according to Skype. Additionally, more than 40 instant messaging languages will be available to Skype customers who have signed-up via the Skype Translator sign-up page and are using Windows 8.1 on their desktops or mobile devices. […]

December 15

GOW

Measure-It Adhesive Measuring Tape

Measure-It is adhesive-backed measuring tape; actual tape, which is helpful when you don’t have a third hand. Stick it to the wall and technically you’re 100% less likely to screw up the measurement. It features ruler marks including 16”-on-center marks for locating studs. When you’re finished it peels off leaving no marks or residue behind. This entry passed through the Full-Text RSS service – if this is […]

December 15

How much do immigrants really claim in benefits?

The Deputy Prime Minister, Nick Clegg, has said EU migrants should only be able to claim out-of-work benefits after three months By Raziye Akkoc 8:55AM GMT 27 Nov 2014 Follow The Deputy Prime Minister has waded into the argument about EU migrants on benefits by giving his support for “ensuring that EU jobseekers cannot claim out-of-work benefits from day one”. Nick Clegg, in an op-ed for the […]

November 27

Middle East

Because You Asked: Why Hasn’t US Struck Assad?

I recently reached out to my Twitter followers, asking “What can I, as a VOA reporter in Washington, write about that you need/want to know?” The responses were varied and interesting, but one topic dominated: U.S. policy in Syria. Why hasn’t the U.S. done more to help the Syrian people? “There is lot of frustration with the Obama’s administration’s ambiguous, vague and often incoherent strategy regarding dealing […]

November 26

GOVT APPROVES FUNDS FOR POWER SECTOR PUSH

NEW DELHI: The National Democratic Alliance (NDA) government on Thursday approved an outlay of Rs 43,033 crore to fund an ambitious initiative to supply electricity through separate feeders for agricultural and rural domestic consumption, aimed at providing round-the-clock power to village households. In addition, the cabinet also approved spending Rs 32,612 crore on an integrated power development initiative, which involves strengthening sub-transmission and distribution systems, according […]

November 21

GOVERNMENT MULLING FUNDING FOR POWER PLANTS WORTH OVER Rs 6 LAKH CRORE

NEW DELHI: The government is working on big-ticket financial package for about 1,30,000-mw thermal and hydro power plants worth over Rs 6,00,000 crore that are hit by severe funds crunch while continuing to face cost and time overruns. Officials said the Department of Financial Services will shortly recommend a series of steps to the Reserve Bank of India. These include lenders providing additional debt to […]

November 20

TEESTA WATER SHARING MAY BE FORMALISED

By Ashis Biswas While prospects for improving Indo-Bangladesh relations have brightened following Indian Prime Minister Narendra Modi’s discussion with his Bangladeshi counterpart Ms Hasina Wazed on pending issues, working out the Teesta river water sharing arrangement may take some time. A strong indication to this effect was available in a section of Bangladeshi media recently. In an interview to a Dhaka-based website, former Indian High […]

November 19