DMCC now largest free trade zone in the UAE

With plans to reach 10,000 companies by 2015, The Dubai Multi Commodities Centre had become the largest free zone in the United Arab Emirates.


Medical costs and rents increase despite US inflation tame

The US Federal Reserve might be more comfortable in implementing its stimulus reduction as increasing rents and healthcare costs had shown some stability in underlying inflation.

Occupy Wall Street marks second anniversary

Populist movement Occupy Wall Street had marked its second anniversary through a planned march the United Nations office and a protest near the New York Stock Exchange.

Huawei set to continue European expansion plans

Despite allegations of anticompetitive behavior, Huawei continued with expansion plans to Europe. Huawei, Chinese telecommunications equipment manufacturer, had laid out plans to create 5,500 jobs in Europe within five years.


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Mykola Azarov, the Ukranian PM, assured Russia that the EU agreements are no threat to Russia. The prime minister of the Ukraine reached out to Russia to allay fears as to Kiev's plans of signing a free trade agreement with the European Union.
Yves Mersch, ECB board member, projected the completion of the staff complement for the regulatory authority by late 2014.
With a net operating loss between USD950 million and USD995 million, BlackBerry is feared to be nearing its closure.
Mobile networks expressed concerns over the shortage of Apple's iPhone 5S. Mobile networks were concerned about the shortage of Apple's newest iPhone 5S.
In a bid to cut overall costs, RWE had laid out plans to sell off assets to financial investors as well as cut down on its employee headcount.
Senator Al Franken wrote a letter to Apple's Head Tim Cook to raise concerns about the fingerprint scanning technology of the iPhone 5S.
Oracle Team USA would need to triumph over Team New Zealand in the next six races to defend their America's Cup title.
The Oracle Team USA funded by billionaire Larry Ellison remained in the running for America's Cup after Team New Zealand failed to win the Cup on Friday.
With eerie similarities, BlackBerry is replicating the route taken by Palm Inc. into oblivion. The recent announcements for Canadian smartphone maker Blackberry are short of appalling, It had said it had a 40% decline in sales and had announced job cuts to a third of its current workforce.
Claiming survival of the local industry, the All India Plastics Manufacturers Association has written to the Indian Finance Minister to revise the import duties on plastics.