Google Inc has confessed that it had tried to team up with Facebook, as the search giant wanted to adapt to shifting technology landscape and strives to maintain its growth. Google had generated roughly $29 billion in gross revenue...
By AG Team Cars sales in the UAE have recovered in 2010 and are set to reach near pre-crisis levels this year, according to figures released by Dubai Chamber of Commerce and Industry recently. Business Monitor International (BMI), a market leader...
Tata Motors has revealed that annual sales of its luxury cars were nearly 244,000 globally. As analysts commented, Tata Motors have been able to revive its position in line with the British luxury marques Jaguar and Land Rover; with...
It is all good times for the capital city. Abu Dhabi is experiencing an increase in airline passengers and higher hotel occupancy as more visitors arrive from Russia, India and Saudi Arabia. Abu Dhabi Tourism Authority (ADTA) reported that a...
Indian batting legend Sachin Tendulkar and former all-rounder Salim Durrani bagged top honours, while the World Cup winning Indian team, led by skipper Mahendra Singh Dhoni was felicitated by the Cricket Board at its annual awards function in Mumbai...

In an era of fast rising fuel prices, the US auto industry has made small cars a central part of its strategy- outdoing their long time Japanese rivals. By focusing on small cars and de-emphasizing the gas-guzzlers that had...
After a 30 year conflict in the country, Sri Lanka is all set to promote its earlier war prone eastern province for tourism. Both the interiors as well as the coast were inaccessible to the tourists all these years. "Eastern...
The global economy is showing signs of strain. Though most of the major economies are growing; the United States to Europe and even to the booming China - evidences from all over the globe suggest that the world is...
Most of us, at some point in our lives, have tried to master the art of time management by either reading up on time management skills, or using an electronic-based day planner or a manually prepared paper-based time-table to...
The Hangover Part II is the top film of the week in the US and Canada this weekend, as the film generated $86.5 million for Warner Bros. This is the best debut collection for a comedy ever. The collection at...
UAE Central Bank Governor Sultan Bin Nasser Al Suwaidi on Sunday urged banks to exert more effort towards reducing the cost of borrowing for current borrowers, particularly the category of businessmen. He said the current loan charges do not...
Samsonite International SA, the 101 year old luggage maker, backed by the London based CVC Capital Partners Ltd, is selling stock in an initial public offering that is estimated to raise up $1.5 billion. The company and its investors...

The Pakistani government is looking at increasing spending on roads, education and healthcare by 58 percent by the next fiscal year to revive its economy hurt by floods and terrorism. It is reported that the government will spend 730...
Australian Climate Change Minister, Greg Combet, said he expects to conclude details of a plan for a carbon tax soon after making progress in talks with lawmakers. The Multiparty Climate Change Committee- including the minister and lawmakers met yesterday...
Gitanjali Gems had acquired Italian jewellery chain Giantti Italia for $ 15 million. This acquisition was in line with Indian companies taking the lead in the global playing field and owning up operations. This is a downright about turn...
Soon after Google went open about its new mobile payment service, Google Wallet; PayPal has decided to sue the company and two of its former executives over trade secrets. According to the lawsuit filed, former PayPal executive (now with...
Of late, this has been a predicament faced by organizations and businesses world-wide. When faced with an economic slump, they are torn between the choice to cut back on either their Corporate Social Responsibility (CSR) or their investment in...
Tablets are new gadget craze to hit the market, they are light on weight and on pockets, while still taking full advantage of internet technologies and are substitutes to bulky laptops. It started many years ago when Apple launched the...
His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the revamped e-government portal on Wednesday. The portal brings in array of facilities from local and federal bodies. The portal...
DP World, a subsidiary of Dubai World, announced that from 1st of June its stock will be traded on London Stock Exchange (LSE). DP World is currently listed on Nasdaq Dubai but shareholders have been concerned about liquidity levels on...
Come September and Flydubai will start flights to three destinations in Ukraine including Kiev, Kharkov and Donetsk. With this new routes, flydubai's global reach now extends to 40 destinations. Flights to the three destinations will start after Eid. Flights to...
The annual festival of the Dubai Summer Surprises is all set to get underway yet again! An event which was initially launched in the summer of 1998, by the Dubai government with a view to promote Dubai as a...
Shoppers world over will have to pay more to buy toys as presents, this Christmas as China increases wages. Hundreds of toy makers at the China Import and Export Fair, have been charging more, as the Chinese economy is...
The US Treasury has agreed to sell $5.8 billion worth American International Group (AIG) shares, as it winds down ownership of the global insurer. The government is planning to sell 200 million AIG shares at $29 each; which stands...
As per reports, Du is all set to launch the High-speed 4G broadband services in UAE by year end. Du's only competitor Etisalat is also gearing up to upgrade its network to offer 4G services. The existing 3G network...