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Updated: 2 hours 9 min ago

Earnings Guidance for Financial Year 2016 Issued by Red Hat Inc.

Thu, 03/26/2015 - 10:47

On Wednesday, Red Hat Inc. announced its update on the earnings guidance for the financial year 2016.

Reportedly, for that period the company gave an EPS guidance of $1.79-1.82 as compared to an estimate of $1.84 given by Thomson Reuter's consensus.

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Categories: UAE News

USDA Revises Rules for ‘Actively Engaged’ Farmers

Wed, 03/25/2015 - 11:11

The U. S Department of Agriculture is revising its explanation of what is meant by farming, when it comes to subsidies.

The government is changing the rules for those people who get farm subsidies without doing any farm work. With the revised rules in place such people will receive less from the government funds.

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Categories: UAE News

In an Effort to Boost Breakfast Sales Taco Bell will add ‘Biscuit Tacos’ to its Morning Menu

Wed, 03/25/2015 - 11:03

To boost its breakfast sales in the U. S, Taco Bell is making some changes in its breakfast menu.

The fast-food chain which is a unit of Louisville based, Yum Brands Inc., plans to introduce some all new Biscuit Tacos.

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Categories: UAE News

Dubai Holding Commercial Operations Group’s Annual Profit Increase Forty Two Percent in 2014

Mon, 03/23/2015 - 10:05

On Sunday, Dubai Holding Commercial Operations Group or the DHCOG which is division of a business that is owned by the ruler of the emirates and is involved in businesses like real-estate, hospitality and business-parks, reported a forty two percent spike in the net profits for 2014.

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Categories: UAE News

Abu Dhabi Ports Witness Record Cargo Activities in 2014

Mon, 03/23/2015 - 10:02

For the Abu Dhabi Ports, the year 2014 proved to be an excellent year as they celebrated a grand year for cargo handling. The Khalifa Port Container Terminal, run and operated by Abu Dhabi Terminals witnessed a record 6 per cent rise in throughput while the volumes of bulk and general cargo increased by thirty seven percent when compared to the figures of 2013 figures.

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Categories: UAE News

Premera Blue Cross Cyberattack to be Investigated by State Insurance Regulators

Sat, 03/21/2015 - 09:49

On Tuesday, Premera Blue Cross, one of the well known health insurer in the U. S disclosed that it had discovered a cyberattack on its database on January 29, which actually started on May, 5 2014.

The matter of the attack on the Mountlake Terrace based company will now be investigated by several states including the insurance regulators of Washington and Alaska.

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Categories: UAE News

Protesters Gather in Front of Nestle Water Bottling Plant in South Sacramento Trying to Stall Operations

Sat, 03/21/2015 - 09:45

California is struggling with its water situation as it goes through the fourth year of distressing drought which has affected the farmers badly, many of whom have been forced not to plant crops in their fields. That's not all communities who rely on water from wells have no or little to water to drink.

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Categories: UAE News

Elizabeth Sullivan, the 104 Year Old Texas Woman Says Dr Pepper is her Secret for Good Health

Fri, 03/20/2015 - 11:05

For Elizabeth Sullivan, the woman from Texas, who just celebrated her 104 th birthday, the secret of her long life is three cans of Dr. Pepper everyday.

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Categories: UAE News

SeaWorld Names Joel Manby as Its New CEO

Fri, 03/20/2015 - 11:01

SeaWorld Entertainment has earned a bad name for itself in the past for its bad treatment to the animals and to repair the damage now it has named a new chief executive who is expected to give it a better face and recover the falling attendance.

On Thursday, SeaWorld named Joel Manby as its new president and chief executive officer.

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Categories: UAE News

Yahoo Shuttering Operations in China

Thu, 03/19/2015 - 11:51

Reportedly, Yahoo is saying adios to China and will be closing its last operations in Beijing. That would result in about three hundred job losses.

On Wednesday, the company said it will close its only location in china which is its research centre located in Beijing and will be shifting few of those tasks to its U. S offices.

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Categories: UAE News

U.S. Government to Review Gulf airline Subsidy

Thu, 03/19/2015 - 11:41

On Wednesday, the Obama administration said that it is in the initial stages of examining the claims which says that the Gulf airlines received huge subsidies which allowed them to gain in comparison to the U. S airlines. The review involves looking into unexplored territory and presents a challenging situation for the administration.

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Categories: UAE News

New Web-Based Tools from Adobe will Allow Creating and Managing PDFs

Tue, 03/17/2015 - 11:04

Adobe, years back in 2011 did something new with its software which are mainly meant for various designers, artists and multimedia like Photoshop, InDesign, Illustrator along with some more and packaged it up with associated mobile apps and Internet services. The end result was termed as Adobe Creative Cloud.

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Categories: UAE News

Mario Draghi, Head of ECB Says Eurozone is Going Through an Economic Recovery

Tue, 03/17/2015 - 11:01

On Monday, Mario Draghi, the head of the European Central Bank said that persistent recovery in the financial sector is finally coming in the eurozone which constitutes of nineteen countries. He says that this recovery should be used by the entire union using the euro currency to fix all the problems that it is facing.

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Categories: UAE News

Environmental Groups Dispute over Keystone XL Project Does not Stop Oil Pipeline Expansion

Mon, 03/16/2015 - 11:11

In North Dakota, about some hundred miles away from the proposed passageway for the Keystone XL pipeline, a recently built pipe line is carrying about 84,000 barrels of crude every day. The recently operational pipeline joins the sprawling oilfields in the state to the oil hub of Wyoming.

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Categories: UAE News

Reportedly Blackstone to Acquire Willis Tower in $1.3 billion Deal

Mon, 03/16/2015 - 11:08

Reportedly, the Blackstone Group LP is going to buy the Willis Tower in Chicago for $1.3 billion.

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Categories: UAE News

Before the Talks with Iran, Kerry Cautious About “Important Gaps”

Sun, 03/15/2015 - 13:37

On Saturday, the U. S. Secretary of State, John Kerry delivered an assessment which was an extremely cautious and well measured play of words before the next round of talks begin with Iran in relation to the nuclear agenda. He cited "important gaps" which are likely to approach the deal before its deadline of March ends.

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Categories: UAE News

The Average Wedding Cost May be Higher than a Four Year College Education and a Funeral Combined

Sun, 03/15/2015 - 13:34

Weddings are surely special occasions and every couple wants to make the most of it. However, the rising cost of the weddings which is increasing every year can actually stun you.

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Categories: UAE News

Gulf Arab Allies Promise Millions in Investments in Egypt Boosting the Morale of its President

Sat, 03/14/2015 - 10:47

Yesterday, the investment minister of Egypt said that the country is expected to sign agreements that would assist it to rake up $20 billion investment during the investment summit this weekend at the Red Sea resort of Sharm El Sheikh.

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Categories: UAE News

NASA Predictions say California will Run Out of Water 2016, as Megadrought Hits

Sat, 03/14/2015 - 10:44

As far as the drought situation is concerned, 2015 has not proved to bring any good news for this year for California till now.

Making things worse, NASA now predicts that the water supply in the state will get over in one year. Some others forecast that a supposed megadrought might carryon for some more years making water situations worse in the state.

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Categories: UAE News

Tesla Motors VP of Global Sales Reassigned to his Former Role of Customer Satisfaction

Sat, 03/14/2015 - 10:31

Tesla Motors still has a lot of spade work to do to cover the delivery and sales in the global market and that might just mean that the company needs to hire some new executives who would look after the sales in the main three target markets of the automaker which are America, Europe and Asia.

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Categories: UAE News

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