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Business
Italy announces package to work around austerity
last Monday
Rome: Italian Prime Minister Enrico Letta on Saturday announced a package of measures to fund public works projects and cut red tape in a bid to pull the Eurozone’s third-largest economy out of recession while respecting European budget limits. Letta said the government would meet... Full story
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Business
Staff negligence pose threat to data security
last Monday
Dubai: Corporate policies to protect sensitive and confidential data are frequently violated when employees use personal devices such as laptops, tablets and smartphones at work. Most often, it is through these devices that confidential information leaves the company without authorisation.... Full story
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Business
The price of being a truly global economy
last Monday
If currency turbulence in emerging markets escalates into full-scale investor flight, the US Federal Reserve may have a fresh headache in deciding when to slow its dollar printing policy. Given all the obvious influences on Fed policy — domestic inflation, jobless youths, long-term ... Full story
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Business
Masdar launches Dh102.8m wind farm in Seychelles
last Monday
Abu Dhabi: The Port Victoria Wind Power Project, Masdar’s six-megawatt wind farm in the Republic of Seychelles, which consists of eight wind turbines across two small islands off the coast of Mahe to provide electricity to more than 2,100 homes, will be inaugurated today. Masdar, which ... Full story
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Business
US factory output rise just 0.1 per cent in May
last Monday
Washington: US factories barely increased their output in May after two months of declines, a sign that manufacturing is providing little support for the economy. The Federal Reserve said on Friday that factory production increased just 0.1 per cent in May from April. Output fell 0.4 per... Full story
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Business
Abu Dhabi’s Waha Capital buys stake in healthcare firm
last Monday
Abu Dhabi: Abu Dhabi investment firm Waha Capital said on Sunday it had invested an undisclosed amount in a newly established healthcare group in the UAE through majority stakes purchased in some of its hospital and laboratory assets. Waha, whose shareholders include Abu Dhabi government... Full story
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Business
Abu Dhabi’s Waha Capital buys stake in healthcare firm
last Monday
Abu Dhabi: Abu Dhabi investment firm Waha Capital said on Sunday it had invested an undisclosed amount in a newly established healthcare group in the UAE through majority stakes purchased in some of its hospital and laboratory assets. Waha, whose shareholders include Abu Dhabi government... Full story
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Business
Geopolitical tensions drive down UAE stocks
last Monday
Abu Dhabi: Stock markets across the region went into a sell-off mode on Sunday on increased risk aversion led by fears of the repercussions of an ongoing civil war in Syria spreading beyond its borders. The markets fear this would damp investors’ appetite towards Middle East stocks. The ... Full story
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Business
Technology firms have to do Uncle Sam’s bidding
last Monday
US internet companies that want to resist government demands to hand over customer data for intelligence investigations have few legal options, due to the classified nature of such probes and a court review process shrouded in secrecy. Google Inc, Facebook Inc and Microsoft Corp are among... Full story
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Business
UAE banks become active in loan market
last Monday
London: Dubai’s loan market has entered a new phase, underpinned by a liquid local bank market, which is helping to fill the void left by European lenders. Atlantis, The Palm is in the market with an $800 million (Dh2.9 billion) refinancing and luxury hotel chain Jumeirah Group is out... Full story
Thursday June 20, 2013
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