Published February 20th, 2012 – 09:06 GMTPress Release Al Hilal Bank, a progressive Islamic bank, has today, Monday, February 20, 2012, launched the Middle Eastâs first âMoney Stationâ branch in Dubai. Customers using the facility will be able to perform essential banking transactions from the convenience of their own cars, marking Al Hilalâs latest landmark [...]
By EMILY GLAZER Car shoppers have a new tool to compare the fuel efficiency and cost of new vehicles. All 2013 model vehicles, which are starting to come out as early as this month, are required to have a revised fuel-economy sticker, says Bo Saulsbury, a researcher at Oak Ridge National Laboratory, which developed and [...]
Facebook Inc. might be the most anticipated and hyped initial public offering in years, but as a symbol of American industry, the social network’s virtual farms, family snapshots and “pokes” aren’t exactly Ford Motor Co. Still, Americans and investors should take heart. Though the IPO market has been slow and buyers cool to new issues, [...]
By JEREMY SINGER-VINE Swimming reduces blood pressure and improves artery health in elderly adults, according to a study in the American Journal of Cardiology. Previous studies have found similar advantages from walking exercises, but this was the first to demonstrate swimming’s vascular health benefits for older, sedentary adults. Because swimming puts less stress on joints [...]
By RACHEL LOUISE ENSIGN Sunday Journal contributor Sandra Ward is giving the contest a go with her picks: TiVo (TIVO, $8.97): Its superior digital video-recording technology is making a comeback with cable operators, the company is winning new subscribers and it has been successful defending its patents. Marvell Technology (MRVL, $13.85): Earnings growth is estimated [...]
Brocade VCS technology is designed to revolutionize the way data center networks are architected and how they function. Data centers continue to grow as digital assets increase and more applications are deployed. Businesses expect agile application deployment—in minutes, not months—to keep their competitive edge as markets and competitors become global in scale. And data center [...]
By BEN LEVISOHN After a miserable 2011, mutual funds have gotten off to a great start this year—but not for the reason many managers cite. Last year, just 23% beat their relative benchmark, according to investment-research firm Morningstar—their worst performance in at least 10 years. A record like that could drive many investors out of [...]
The Ritz-Carlton Dubai International Financial Centre is the first hotel to be directly linked to the Emirate’s financial hub, ideally positioning it as the new target destination for the upper-echelon business traveller. The hotel stands behind the DIFC’s main Gate building, which it joins via a direct walkway, and at a remove from the main [...]
Fri Feb 17, 2012 6:46pm EST * President says foreign companies afforded unfair edge * Obama touts U.S. manufacturing resurgence * China exports sensitive for many U.S. voters By Laura MacInnis EVERETT, Wash., Feb 17 (Reuters) – President Barack Obama pledged on Friday to try to help U.S. companies better compete against their foreign rivals, [...]
By SARAH MORGAN Mutual-fund managers who actively trade—and pile up fees in the process—have long been punching bags for investors. But suddenly they look like heavyweight champs. After being trounced by the stock market for years, so-called active managers are on a hot streak. In January, 70% of large-cap stock pickers outperformed the S&P 500-stock [...]
