Business News

Home sales drop in January; GDP growth rate beats estimates

HomeAccording to the National Association of Realtors’ Friday report, the sales of previously-owned houses in the US witnessed an unexpected decline in January – marking the second monthly fall in a row; following a 16 percent plunge in December.

Facebook and MySpace to be Pulled into Outlook by Microsoft

Facebook and MySpace to be Pulled into Outlook by Microsoft

Technology giant Microsoft Corp. is taking another significant step towards turning Outlook, the company's desktop e-mail program, into a center for information from popular social networking websites like Facebook and MySpace.

On Wednesday, Microsoft is all set to release a "beta" test version of the Outlook Social Connector. The add-on software, which was first brought to the discussion table in November of 2009, manages add a new pane to the main e-mail reading screen on Outlook, Microsoft's mail client.

Record Profits Posted By Health Insurers

Record Profits Posted By Health Insurers

The year 2009 that saw 2.7 million people lose their private healthcare coverage, was also the year that saw America’s health insurance companies in the midst of a deep economic recession, increase their profits by 56%.
 
According to a report by the advocacy group Health Care for American Now (HCAN), the nation’s five largest for profit insurers closed the doors on 2009, with a combined $12.2 billion profit.
 

UAE-Turkmenistan pledge for boosting ties

turkmenistanUAE and Turkmenistan have expressed their commitment to enhance trade and diplomatic ties by boosting co-operation in different fields. President His Highness Shaikh Khalifa Bin Zayed Al Nahyan and the visiting President Gurbanguly Berdymukhammedov of Turkmenistan held a meeting on Tuesday discussing various issues of mutual interest.

UAE to push business ties with India

UAE-IndiaShaikha Lubna Al Qasimi, the UAE Foreign Trade Minister who is on her official visit in India, has urged private sector to tap huge investment and business opportunities in both UAE and India.

10% Stake Sold to Mideast Entertainment Company by UFC

10% Stake Sold to Mideast Entertainment Company by UFC

As has been confirmed by the owners, a 10% stake of the Ultimate Fighting Championship has been sold by its chiefs to a Middle Eastern entertainment firm, with the aim to boost the Mixed-Martial Arts League's ability to effectively expand into the region and other areas globally.

Dubai soon to see metro facility with the payment of contracts

Dubai soon to see metro facility with the payment of contractsDubai's transit authority told that the half finished work of city's metro system has resumed completing in time as contractors are being paid.

The recent piece of news came Thursday via a statement, after there were reports in media regarding the delay of work on the Arab Gulf's first rapid transit by the project's Japanese-led consortium due to a dispute over late payments.

Syndicate content