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AirAsia is in talks to relaunch flights to the United Arab Emirates from its hubs in Southeast Asia, and has this time chosen Dubai rather than Abu Dhabi for its Western expansion. The low-cost airline’s founder Tony Fernandes was in Dubai Wednesday to talk to officials about flying Airbus Group NV A330 jets into one of the emirate’s two airports, Dubai International or Al Maktoum International. AirAsia […]

By Kalyani Shankar While there could be debate about the success of Prime Minister Narendra Modi’s five day visit to the US this week, there can be no doubt that he had conquered the 3 million strong Indian American community. The Madison square garden rock show on Sunday was a shining example to prove this.  Although his meeting with the US President Obama was spent on substantive […]

By Surojit Mahalanobis It is better late than never. The news that the power minister Piyush Goyal has set up an inter-ministerial panel (IMC) to examine and move forward with effective allocation of the 214 coal blocks, after the Supreme Court’s recent order, is indeed acceptable. What is positive about the move is that the committee (IMC) would comprise engineers of power, steel, and mining sectors as […]

Barjeel Data Centre…IT hub for operations Mercury Mena wins data centre project in Abu Dhabi MANAMA, 7 hours, 15 minutes ago Mercury Middle East and North Africa, a leading mechanical, electrical and plumbing (MEP) company, has won a deal to provide the turnkey solutions for the new data centre for the National Bank of Abu Dhabi (NBAD). The Barjeel Data Centre will service as the information technology […]

By BRUCE WEBER September 27, 2014 Michael Harari, an Israeli intelligence agent who led the hit squad that was sent to avenge the murders of 11 Israeli athletes by Palestinian terrorists at the 1972 Olympic Games in Munich, died on Sept. 21 in Tel Aviv. He was 87. His death was reported by The Associated Press, citing a statement by Israel’s prime minister, Benjamin Netanyahu, who called Mr. Harari […]

Al Sudairy … GEMS is a leading player Saudi group buys waste management firm for $300m RIYADH, 1 days ago Jadwa Waste Management Opportunities Fund, a unit of leading Saudi Arabian private equity house and investment bank Jadwa Investment, has acquired Global Environmental Management Services (GEMS) together with its co-investment partners in a deal valued at around $300 million. The acquisition was funded by funds managed by […]

Roland Sands Design took a sparkling new 2014 Indian Chieftain and completely desconstructed the 800 pound beast to create a nimble 1930s race-inspired board tracker. This meant building everything but the engine from scratch: a new frame with a single-sided rigid rear-end, new hand-built titanium exhaust, gas tank, & springer front-end, electrical overhaul, etc. This entry passed through the Full-Text RSS service – if this is your […]

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The Dow Jones Industrial Average (DJIA) Index is the only stock market index that covers both the second and the third industrial revolution. Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical graph is a useful way to show which phase the industrial revolution is in. Changes in the DJIA shares basket, changes in the formula and stock splits […]

Google has reportedly turned to HTC to develop its next Nexus tablet, the 9-inch Nexus 9. According to an article Monday in The Wall Street Journal, HTC engineers have been visiting Google’s headquarters in Mountain View, California, “in recent months.” If true, the report is noteworthy because HTC currently focuses largely on smartphones and accessories. Its last foray into the tablet market ended in disappointment: The Android-based […]

Do U.S. Internet users want the so-called “right to be forgotten” that’s been a hot topic in Europe? And is such a scenario plausible stateside? It appears those questions have very different answers. Europe’s highest court ruled last spring that individuals had the right to ask that certain online data deleted so that third parties could no longer trace them. Despite the ruling, several questions on the […]

While it’s only a year-and-a-half old, Docker appears poised for big things in the world of distributed applications, and the company just scored $40 million in new funding to prove it. The San Francisco-based startup raised the series C funding with the help of Sequoia Capital, just nine months after it closed $15 million in funding led by Greylock Partners. Since launching in March 2013, Docker has […]

UAE. Two-thirds (66 percent) of millennial high-frequency travellers rate “unique rewards” as an important factor when choosing a hotel loyalty program, compared with just 43 percent of their older counterparts, according to a new Deloitte study, “Winning the Race for Guest Loyalty”. “Our study indicates that customers are waiting to see which program will provide them with the greatest relevant rewards before they commit to a brand, […]

Jeremy Paxman, who is a quarter Scot, would have like a say in the future of the Union Photo: PA/BBC On Thursday, the English will discover what the Scots really think of them. Like the final row in a troubled marriage, it could be the event that serves to separate those we were once told God had joined together. The decision is not for those of us who […]

By RUKMINI CALLIMACHI and KIMIKO DE FREYTAS-TAMURA September 13, 2014 The Islamic State in Iraq and Syria released a video Saturday of the third beheading of a foreign hostage, a British aid worker. The execution was a clear message to Britain, a vital ally of the United States as it builds an international coalition to target the militant group, which has made stunning advances across Syria and northern Iraq in recent months. […]

Stock index provider MSCI Inc  is considering changing its rules to allow shares of Alibaba Group Holding and other companies that list their shares in faraway markets to be included in its widely used indexes. The MSCI announced that it was considering changing its rules last week, but did not explain the reason for the changes: questions from investors amid the Alibaba initial public offering, Reuters has […]

Google has kicked off yet another program aimed at helping to develop the next big thing in tech: Google Cloud Platform for Startups. The program offers early-stage tech companies $100,000 in credit for Google’s Cloud Platform services, along with 24/7 support and technical architecture review help from Google’s engineers. The new offering was announced Friday by Urs Hölzle, Google Fellow and senior vice president of technical infrastructure, […]

It’s not called the iWatch, but it’s an Apple watch all the same. In fact, it’s called the Apple Watch and the tech giant is billing it as its most personal device ever — chock full of “revolutionary” technologies with a “pioneering” user interface featuring a “Digital Crown” that lets you scroll, zoom and navigate. But what does this device look like beyond all the buzzwords? Well, […]

Dubai’s boom-and-bust real estate market can land you at the wheel of a Rolls-Royce or behind bars.  Kabir Mulchandani should know: he’s experienced both. Five years after spending 140 days in jail facing charges of fraud and embezzlement for which he ultimately was cleared, the chairman of developer SKAI Holdings stands at a building site watching cranes start work on one of the company’s three projects. They […]

The new baby Jag, The 2016 Jaguar XE no longer shares old Ford body parts; it’s completely redesigned: efficient new engines—one model offering 75MPG; a new interior highlighted by an Apple & Android compatible 8-inch touchscreen infotainment system, and of course, a sporty new body design. This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s […]

By Leila Abboud PARIS Mon Sep 8, 2014 12:50pm IST A computer user poses in front of a Google search page in this photo illustration taken in Brussels May 30, 2014. Credit: Reuters/Francois Lenoir/Files A panel appointed by search engine Google will hold the first of a series of meetings on Tuesday to debate the balance between privacy and the free flow of information after a May […]

By Nivedita Bhattacharjee MUMBAI Wed Sep 3, 2014 11:01am IST Android mascots are lined up in the demonstration area at the Google I/O Developers Conference in the Moscone Center in San Francisco, California, May 10, 2011. Credit: Reuters/Beck Diefenbach/Files MUMBAI (Reuters) – Google Inc’s (GOOGL.O) partnership with three Indian phone makers is set to rev up fast-growing demand for lower priced smartphones, and spell more trouble for […]

By Edward Schneider, CFA: A by-product of today’s surging stock market is a number of extremely overvalued short candidates with no fundamental value. The following 5 short candidates are newcomers to my Seeking Alpha short articles, have enterprise values of $1.0B to $4.3B, generate zero or nominal revenues, lose money, and have dysfunctional business models. In fact, most of these short candidates have barely any employees and/or […]

A cluster bomb was spotted at the Taftanaz air base in Syria after rebels seized the site last year. By RICK GLADSTONE August 27, 2014 Cluster bombs, outlawed munitions that kill and maim indiscriminately, have caused more casualties in the Syrian civil war than in the 2006 Lebanon conflict, when Israel’s heavy use of the weapons hastened the treaty banning them two years later, a monitoring group said Wednesday. […]

Prime Minister Narendra Modi is yet to finish his first 100 days in office, but India Inc CEOs are convinced an economic revival is around the corner.   A huge majority of 50 CEOs ET polled in the run-up to this special edition are preparing to make fresh investments and are also stepping up hiring, all in anticipation of 6-8% GDP growth most feel is possible over […]

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