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Business
Markets subdued despite upbeat Japanese growth
over a week ago
16 May 2013 Financial markets were subdued Thursday despite encouraging growth figures out of Japan, as investors paused for breath a day after the main U.S. stock indexes struck record highs. Stocks have been buoyant for most of this year amid hopes over the U.S. economy, an easing of... Full story
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Business
Strong Italian trade data driven by exports
over a week ago
16 May 2013 Italy reported a strong trade surplus for March on Thursday with the country’s export machine picking up pace, driven by trade with non-EU countries. The statistics institute Istat said that Italy achieved a trade surplus of 3.2 billion euros ($4.1 billion) in March, with... Full story
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Business
Dimon faces vote on his leadership at JPMorgan
over a week ago
16 May 2013 Jamie Dimon, chief executive of US banking behemoth JPMorgan Chase and one of the most prominent figures on Wall Street, faces a major challenge to his leadership next week in the wake of the “London Whale” debacle. Dimon’s fate will be determined Tuesday at... Full story
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Business
Kuwait Airways signs deal with Airbus to buy 25 planes
over a week ago
16 May 2013 Kuwait Airways Co. signed a deal with Airbus to buy 15 A320neo and 10 A350-900 planes with options for 10 more, five from each category, chairman Sami Al Nasef said on Thursday. “We have signed a letter of acceptance with Airbus to buy 15 A320neo and 10 A350-900,” ... Full story
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Business
Gold hits one-month low, eyes longest downturn since 2009
over a week ago
Gold dropped to its weakest level in almost a month on Thursday, hurt by a firmer dollar and as holdings in exchange-traded funds fell to the lowest in over four years, potentially stretching bullion’s losing streak to a sixth day. If gold ends lower on the day, it would be its longest... Full story
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Business
TestManager™ Automated Regression Testing is Core to Al Hilal Bank’s T24 Program
over a week ago
May 16, 2013 In December 2010 Al Hilal selected The Core Banking Group’s industry leading testing software - TestManager™. The Bank chose TestManager™ because of its ability to provide the automated functional and regression testing that was required to complete its... Full story
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Business
Nokia raises bar with Asha 501
over a week ago
Dubai: Stephen Elop, global head of Nokia and his group of decision makers flew in from Finland and other corners of the globe to New Delhi last week to launch the compact, touchscreen Asha 501. This is the first device to run on the new Asha platform after Nokia’s takeover of... Full story
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Business
Mapping future looks plausible
over a week ago
In the future, maps will not be documents you keep in the glove box of your car or do battle with when hiking in the wind and rain, but living, breathing assistants that help you go about your day. In fact, they won’t be ‘maps’ as we know them today, but bundles of information ... Full story
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Business
Global major Cohn & Wolfe picks up stake in BPG’s PR division
over a week ago
Dubai: Guess the messenger is turning out to be as valuable as the message. The global communications services major Cohn & Wolfe has picked up a minority stake in Dubai-headquartered BPG | pr (formed in 1995), which currently has clients such as Rolls-Royce Motor Cars and Visa... Full story
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Business
Struggling with messages for smaller screens
over a week ago
Dubai: Cast your mind on regional ad campaigns specifically created for your mobile phone and that captured your immediate attention from the first second. If you are still thinking, don’t worry, there weren’t any. Regional advertisers and brand marketers are unanimous in... Full story
Friday May 24, 2013
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