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  • Damac to deliver Oceanscape apartments four years late Damac to deliver Oceanscape apartments four years late

    Damac Properties has begun handing over apartments in its long-awaited Oceanscape project in Abu Dhabi. Most investors bought apartments off-the-plan in 2006, paying 30% of their purchase price in the first 120 days of reserving their property. After seven years Damac has finally finished the project, one of its first and probably last Abu Dhabi ventures. Despite being four years late ...

  • Board approves News Corp split into two entities Board approves News Corp split into two entities

    WASHINGTON - Rupert Murdoch's News Corporation Friday announced the planned separation of the $76-billion conglomerate into two distinct publicly traded companies, with one to be renamed 21st Century Fox and the publishing firm to retain the News Corp brand. The split has been formally approved by the Board of Directors. The Company announced appointments to the Boards of Directors of both ...

  • China to allow US auditors access to records of Chinese firms China to allow US auditors access to records of Chinese firms

    BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...

  • Croatia looking to oil exploration in Adriatic Sea to revive economy Croatia looking to oil exploration in Adriatic Sea to revive economy

    ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...

  • Amazon ventures into fan fiction promotion Amazon ventures into fan fiction promotion

    WASHINGTON - Amazon, the largest online retailer of books, movies, music and games, Friday offered its Kindle e-book platform to fan fiction authors to sell some of their work. Fan fiction is literature inspired by popular books, shows, movies, comics, music, and games. Publication outside of blogs and online fanzines is often difficult because of copyright issues. Amazon Publishing has ...


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Movie Review

Rise of the Planet of the Apes [Blu-Ray]

Rise of the Planet of the Apes [Blu-Ray]

Especially after the lukewarm reception of Tim Burtons glossy, action-packed 2001 reimagining, which ended with a Huh? cliffhanger that has yet to be resolved, it would be safe to say that there hasnt been much yearning for another entry in the Planet of the Apes ... ...

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  • China central bank report promises financial sector reforms

    BEIJING - China is planning to steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year as part of the financial sector reforms to better serve the real economy, a central bank report said on Friday. The "China Financial Stability Report (2013) released by the People's Bank of China stressed that it would be steadily promoting the interest ...

  • UK urged by IMF to bring forward high value spending

    LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...

  • RIL-BP make gas discovery in KG-D6 block

    Reliance Industries Limited (RIL) has announced a huge natural gas discovery in the flagging eastern offshore KG-D6 block which would help in arresting falling output. In a statement issued here it has claimed that the KGD6-MJ1 well was drilled in a water depth of 1,024 metres - and to a total depth of 4,509 metres (4.5 kilometres below seabed). "Formation evaluation indicates a gross gas and ...

  • News Corp. Board approved companys split into two public traded entities

    News Corporation Board has approved the split of its company into two publicly traded entities putting a step forward in separating its entertainment businesses from the publishing division. The board announced the terms of share distribution, named the board of directors for both the firms, and a 500 million dollars stock-buypack program for the new corporation. In a report by Fox News, the ...

  • Bang With Friends mysterious CEO revealed

    Bang with Friends- the controversial Facebook app run by its CEO and co-founder who just goes by his initial 'C' has been revealed accidentally by Internet New York which included the founders' name on the online ballot. BWF app creator Colin Hodge, 28, and Omri Mor had remained anonymous till last week, but the leak of their identity through Internet Week New York disappointed Hodge, the Daily ...

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