Monday 20 May 2013
 
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America

QPI plans to extend Centrica deal in N. America

Qatar Petroleum International (QPI) hopes to extend its new deal with Britain's Centrica by acquiring more gas or tight oil resources across North America, the chief executive said. Centrica and QPI said in April they would bu

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The best is yet to come for America: Obama

  President Barack Obama, who won a second term in the White House on Tuesday, told thousands of supporters in Chicago that "we have picked ourselves up, we have fought our way back" and that for America, the best is ye

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Islamic world, West face deepening divide

  For those who believe in a clash of civilizations between the Islamic world and Western democracy, the last few weeks must seem like final confirmation of their theory.   Even those who reject the

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Bill Gates still richest American

  The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said, and a familiar cast populated the top of the annual list, including Bill Gates, Warren Buffett, Larry Ellison an

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US middle class shrinks; wages down

The US middle class has shrunk drastically over the last 10 years as Americans' net worth has plunged, wages declined and standards of living slipped away, according to a report.   Middle-income earners, long see

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London bids adieu to Olympics; US tops

  London bade a flamboyant and madcap farewell to the Olympic Games with a romp through British pop and fashion, bringing the curtain down on more than two weeks of action that ended with America topping the sporting world with 4

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IFA, KREC, John Buck to develop Yotel brand

IFA Hotels & Resorts (IFA) and Kuwait Real Estate Company (KREC) have partnered with The John Buck Company to develop more than $650 million worth of Yotel hotels in North America over the next three to five years. The partnership will

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Obesity costs US $190bn a year

The incidence of obesity in the US has soared from 13 percent to 34 percent over the last 50 years, while the percentage of Americans who are extremely or "morbidly" obese has rocketed from 0.9 percent to 6 percent. Although the epid

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Ranks of America's working poor grew in 2010

The number of working Americans earning so little they lived in poverty reached 7.2 per cent of the labor force in 2010, the highest level in at least two decades, the US government said on Friday. The Bureau of Labor Statistics counted 7.

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Dubai, Dallas ink free zone deal

Dubai Airport Freezone Authority (DAFZ) said it has signed a MoU with the Dallas/Fort Worth (DFW) International Airport, operator of the DFW Airport Foreign Trade Zone thus creating a framework for a collaborative alliance between t

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