Barnes & Noble 4Q loss widens on e-book push
Barnes & Noble Inc.'s fiscal fourth-quarter loss widened as it invested in electronic book technology, the bookseller said Monday. The New York company also forecast first-quarter and full-year…
Egypt tightens security around pipeline for Israel-bound gas
CAIRO: Egyptian police beefed up security around a Sinai pipeline that supplies Israel with natural gas after a group of wanted Bedouin threatened to sabotage it, security officials said on…
Armsrock and the art of invisibility
Outside a carpenter’s shop near the Townhouse Gallery lies a white-washed silhouette of a life-size image of a man carrying a heavy bag. The figure is the work of Danish…
Dubai Properties says to counter-sue UK firm
DUBAI: Dubai Properties, the real estate arm of conglomerate Dubai Holding, said it will counter-sue UK firm Hopkins Architects, which is claiming damages from the termination of a contract. Hopkins…
Oil drops to $77 with equities; Storm may miss output
SINGAPORE: Oil fell as much as 1.7 percent to below $77 on Tuesday as forecasts indicated tropical storm Alex would skirt the main production region in the US Gulf of…
Iran sees no risk to gasoline imports, official says
TEHRAN: Iran sees no risks to its gasoline imports, an oil official said on Tuesday, a day after France's Total joined the list of Western oil companies stopping sales to…
Saudi's STC denies India telecom tower firm talks
JEDDAH: Saudi Telecom Company (STC), the Arab world's largest telecom company by market value, has denied a report it was discussing buying a stake in an Indian telecoms tower unit.…
Iraq's cabinet approves final Shell gas deal
BAGHDAD: Iraq's cabinet on Tuesday approved a deal with Royal Dutch Shell and Japan's Mitsubishi to capture gas being flared at southern oilfields, government spokesman Ali Al-Dabbagh said. Dabbagh said…
Kuwait raising oil production from north, says report
KUWAIT: Kuwait will raise production from its northern oilfields to 820,000 barrels per day (bpd) by the end of July, a senior oil official said in remarks published on Tuesday.…
Brazil beats Chile 3-0 to reach WCup quarterfinals
JOHANNESBURG: Brazil moved closer to a sixth World Cup title on Monday, beating South American rival Chile 3-0 to reach the quarterfinals. Juan, Luis Fabiano and Robinho scored a goal…
