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2008 Democratic National Convention Day 1

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Breaking News

  • Financial services giant Citigroup says it will cut more than 50,000 jobs, slashing staff to 300,000.
  • The US Navy says the Liberia-flagged oil tanker the Sirius Star has been attacked by pirates off Kenya; British among 25 crew.
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  • AP: Rescue officials say 7 people have been killed after a Pacific Coastal Airlines plane crashed off British Columbia; 1 survivor.
  • US President-elect Barack Obama says "eliminating" Al-Qaeda "once and for all" is a top priority, according to Pakistani TV reports.
via @BreakingNewsOn

Dubai financial centre to channel capital from India, China

November 17th, 2008 - 3:09 pm ICT by IANS -
Dubai, Nov 17 (IANS) The Dubai International Financial Centre (DIFC) is preparing itself in the face of the global financial crisis to act as a major channel for capital flows between emerging ...

Posted in Business, | No Comments »

India woos Qatar for investment in infrastructure

November 10th, 2008 - 2:35 pm ICT by IANS -
Doha, Nov 10 (IANS) India is looking at investment opportunities in Qatar's financial centres and special economic zones (SEZs) even as it opens up its infrastructure sector for investment from this gas-rich ...

Posted in Uncategorized, | No Comments »

Dubai financial centre to offer London University degree

June 22nd, 2008 - 8:06 pm ICT by IANS -
Dubai, June 22 (IANS) The Dubai International Financial Centre (DIFC) has tied up with the University of London's Centre for Financial and Management Studies (CeFiMS) at the School of Oriental and African ...

Posted in Uncategorized, | No Comments »

Office rentals likely to remain stable in Delhi, Mumbai

May 7th, 2008 - 11:32 pm ICT by admin -
New Delhi, May 7 (IANS) Office rentals in Delhi and Mumbai will remain stable for the rest of 2008, according to a study by a global real estate services firm. The quarterly ...

Posted in Business, | No Comments »

Western bankers head East amid sub-prime crisis: report

April 21st, 2008 - 6:51 pm ICT by admin -
London, April 21 (IANS) More and more senior executives from London and New York are relocating to Mumbai and other Asian financial centres, driven by the recent economic downturn caused by the ...

Posted in World, | No Comments »

Western bankers head East amid sub-prime crisis: report

April 21st, 2008 - 6:51 pm ICT by admin -
London, April 21 (IANS) More and more senior executives from London and New York are relocating to Mumbai and other Asian financial centres, driven by the recent economic downturn caused by the ...

Posted in World, | No Comments »

Israeli bank selects I-flex Solutions

April 9th, 2008 - 5:14 pm ICT by admin -
Mumbai, April 9 (IANS) Mumbai based IT solution company I-flex Solutions Ltd said Wednesday that Israel Discount Bank (IDB) had chosen its financial services product Flexcube as its core banking platform for ...

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New guide to Islamic finance released

March 24th, 2008 - 9:15 pm ICT by admin -
Dubai, March 24 (IANS) Dubai International Financial Centre (DIFC), the onshore hub catering to the global financial industry, has released the first ever comprehensive guide to Islamic finance. The 40-page 'Guide to ...

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Air Arabia to fly to New Delhi from March 31

March 4th, 2008 - 7:17 pm ICT by admin -
Dubai, March 4 (IANS) Middle East's low-cost airline Air Arabia will start flying to New Delhi from March 31. "Following the introduction of service to Kozhikode (in Kerala) last month, we are ...

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Reliance Communications integrates its global initiatives

February 20th, 2008 - 7:04 pm ICT by admin -
Mumbai, Feb 20 (IANS) Anil Ambani-led Reliance Communications Ltd (RCL) Wednesday said it has integrated all its global initiatives under the umbrella brand of Reliance Globalcom. "In creating Reliance Globalcom, we are ...

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New global financial arbitration centre opens in Dubai

February 17th, 2008 - 5:41 pm ICT by admin -
By Aroonim Bhuyan Dubai, Feb 17 (IANS) As part of its efforts to become a global financial centre, Dubai has opened a new international financial arbitration centre in partnership with the London Court ...

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Hong Kong retains worlds freest economy title for 14th consecutive year

January 16th, 2008 - 5:24 pm ICT by admin -
New Delhi, January 16 (ANI): Hong Kong has retained its title of the world's freest economy for the 14th consecutive year in the Heritage Foundations 2008 Index of Economic Freedom study. The ...

Posted in South Asia, | No Comments »