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Why internet goes to 'sleep' in parts of the world
It happens because internet goes to 'sleep' almost like a living creature in those part of the world, researchers have discovered.
Etihad Airways and Alitalia unveil Expo Milano 2015 aircraft
Flight frequencies to and from Milan are set to increase during Expo 2015 when Alitalia will commence daily flights between Milan Malpensa and Abu Dhabi.
Saudi oil exports at 3-year low
Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed on Monday, as the top oil exporter fights for market share amid weak demand and ample supplies from rival producers.
BoE economist says markets overreacted to slowdown
Markets ended the week pointing to a rate hike around mid-2015 after Haldane said in a speech on Friday that kind of timing might not be a bad bet, given the slower growth outlook.
Dubai judge approves liquidation of local Espirito Santo unit
The decision in the UAE comes after the Dubai regulator announced last month it had frozen deposits at ESBD and imposed other restrictions on the bank to protect customers after its operations and solvency had been “seriously compromised”.
Egypt, 6 int’l firms ink deal to dredge new Suez Canal
New canal will double revenues from the waterway to $13.5b
India aims to boost investment in Africa
Narang said that India’s partnership is aligned with Africa’s own development priorities and trade has grown 31 per cent annually between 2005 and 2011 and is now estimated to be over $72 billion.
India deregulates diesel prices, cheaper by Rs3.37 a litre
Price of diesel will be linked to the market, and therefore, depending on whatever is the cost involved, is the element that consumers will have to pay.
Yellen sounds alarm on rising economic inequality in US
The data-heavy speech amounted to a broad social critique and treatise that supported government interventions to help boost Americans at the bottom of the economic ladder.
Data show US pulse still strong
Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 264,000, the lowest level since 2000, the Labour Department said on Thursday.
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