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Updated: 2 hours 52 min ago

New York City Rent Guidelines Board in an Unprecedented Move Votes to Freeze Regulated Rents on One-Year Leases

Tue, 06/30/2015 - 09:48

The Rent Guidelines Board is responsible for regulating greater than one million apartments that have a stabilized rent and are located in the New York. On Monday, the Board voted 7-to-2 and decided on a freeze on one-year leases. This is surely an extraordinary move even been made by the board in the last forty six years.

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Categories: UAE News

Sysco Abandons Its Plans of Acquiring US Foods Inc.

Tue, 06/30/2015 - 09:45

Although the merger of Sysco Corp and US Foods Inc. would have been beneficial for the companies and would have cut cost for both, but that isn't happening right now.

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Categories: UAE News

More Than 1.2 million New Jersey Residents are Expected to Travel During Fourth July Weekend Holiday

Mon, 06/29/2015 - 11:40

A huge number of people are expected to travel during the Independence Day holiday which begins on Wednesday, July 1 and will last till July 5, Sunday.

From New Jersey alone, greater than 1.2 million people are expected travel and around eight to ten percent of the people are estimated to take the road.

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Categories: UAE News

Johns Hopkins research team explores link between pancreatic cancer and multiple genetic variation

Sun, 06/28/2015 - 04:53

A research team at Johns Hopkins has found a link between multiple genetic changes and increased risk of pancreatic cancer. The detailed results of the study have been published in Nature Genetics.

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Categories: UAE News

eBay to Spinoff PayPal With the Financial Unit Starting to Trade Under Symbol PYPL from 20 July

Sat, 06/27/2015 - 11:58

On Friday, eBay the US online giant said that its board has approved the plan of separating PayPal, the online payments unit. PayPal will start trading as an independent identity from July 20.

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Categories: UAE News

Twitter’s Head of Mergers & Acquisition Strategies Resigns

Sat, 06/27/2015 - 11:53

Lately, Twitter has seen some top level departures and the latest is the resignation that comes from its Vice President for Corporate Development and Strategy, Rishi Garg. The top level executive with an Indian origin resigned from the micro-blogging site.

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Categories: UAE News

‘Taxi of Tomorrow’ May Soon be a Reality in NYC as Top State Court Backs the Program

Fri, 06/26/2015 - 10:32

The 'Taxi of Tomorrow' program initiated by the New York City may be a reality in the city soon.

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Categories: UAE News

Investigation by NYC Authorities Says Whole Foods Overcharged Customers; the “Whole Paycheck” Reputation Remains

Fri, 06/26/2015 - 10:30

The outlets of Whole Foods in the U. SA and Britain have faced a slump in sales due to the growing competition from some of the mainstream rivals offering organic and natural food at lesser prices. That may not be the only bad news for Whole Foods as investigation by the authorities found multiple violations in the outlets of the company.

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Categories: UAE News

Box and IBM Moving into Partnership to Attract Businesses

Wed, 06/24/2015 - 10:09

In an announcement, Box and IBM said that they were going into a partnership which will allow their technologies to be integrated and the cloud products o be mutually mingled.

As the arrangement goes, the customers of Box will  be able to store their data on cloud services of IBM which  reportedly will have forty six data centers all over the world by this year's end.

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Categories: UAE News

Australia says Along with being a Founding Member it be the Sixth Largest Shareholder of Asian Infrastructure Investment Bank

Wed, 06/24/2015 - 10:07

On Wednesday, a statement from the government said that Australia will become one of the founding members of Chinese-led Asian Infrastructure Investment Bank and also the sixth largest shareholder of the Asian regional bank.

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Categories: UAE News

According to S&P Dubai Real Estate Prices Likely to Drop Ten to Twenty Percent 2015

Tue, 06/23/2015 - 09:53

On Monday, Standard & Poor's said that prices of residential property in Dubai are likely to drop by ten to twenty percent in the current year due to the soft demand and a slow growth in economic activity, as the investor sentiments face a subdued phase.

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Categories: UAE News

Survey Reveals the Name of Top Arab universities; Thirteen UAE Institutes find Place Among Top Hundred

Tue, 06/23/2015 - 09:50

Brighter futures are in most cases attributed to better education. Youngsters are always eager to get education from institutions that ensure brighter future career prospects.

Recently the list of the new 2015 QS University Rankings of the leading hundred institutions from the fifteen Arab countries was released.

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Categories: UAE News

Toyota’s Chief’s Attempt to Diversity may Lead to Trouble

Mon, 06/22/2015 - 09:55

Akio Toyoda's move in March of promoting three non-Japanese executives at top levels at headquarters of Toyota doesn't seem to be working well. The effort was intended in making the largest automaker of the world, more representative of the worldwide markets which it serves.

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Categories: UAE News

Oil prices Remain Unchanged Over Concerns of Supply Glut and Greek Debt

Mon, 06/22/2015 - 09:48

The price of oil in the Asian markets remained more or less unchanged on Monday, followed by an initial drop. The major reasons for this are attributed to an oversupply concern as well as about the outcome over the Greek crisis which is going to be discussed in a eurozone meeting today.

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Categories: UAE News

MERS virus Hit Again with One Dead and One Infected in UAE

Fri, 06/19/2015 - 11:21

MERS or the Middle East respiratory syndrome is a disease caused by a virus and was first discovered 2012. The disease was discovered when a patient from Saudi Arabia died while in London.

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Dubai Ready to for the Yoga Wave on International Yoga Day

Fri, 06/19/2015 - 11:18

Yoga is the secret for healthy life, the old secret has been discovered in a new way!

On Sunday, to mark the beginning of the International Yoga Day, about five thousand enthusiasts will create a mass yoga wave in Dubai.

Last year, the United Nations declared June 21 as the International Yoga Day which is also coincidentally the longest day of the year.

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Categories: UAE News

What the Fed has to Say It Assesses the US Economy in June After a Two Day Meeting

Thu, 06/18/2015 - 10:15

After the two day meeting of the Federal Open Market Committee, the Federal Reserve released the recent assessment of the economy of the United States.

Here is a glimpse of what the committee says.

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Categories: UAE News

Former Driver of Uber Says Her Phone-Sex Business Helped her Take on Uber

Thu, 06/18/2015 - 10:13

A California labor board said in a ruling that one of the ex- drivers of popular car ride service Uber was not an independent contractor but an employee of the company. This ruling may prove to be a tug in the business model of the car hailing service.

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Categories: UAE News

Congressional Budget Office Estimates More taxes, more Spending, More Debt in 25 Years in the U.S.

Wed, 06/17/2015 - 10:44

Even if the tax as well a spending policies do not change at all, but still the U. S. budget may have a different kind of look in the coming twenty five years.

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Categories: UAE News

Chocolate Intake linked to Low Risk of Heart Disease

Wed, 06/17/2015 - 06:23

According to a new study, people who eat up to 100g of chocolate every day are less likely to suffer from heart diseases than those who don't. Published in the journal Heart, the study showed that the risk of heart disease and stoke was 11% lower and 25% lower, respectively, in those who ate chocolate than those who avoided it.

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Categories: UAE News

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