New layer of doubt cast over Middle East peace drive
JERUSALEM: The path to Middle East peace, already strewn with an array of daunting obstacles, has now got one more hurdle to overcome. Israel's right-leaning coalition government this week passed…
Debt-laden Dubai leans on core sectors for recovery
DUBAI: A year after scaring global markets over its debt crisis, Dubai still has a huge legacy of debt to deal with over the medium term, and is leaning on…
ADBC files lawsuit against Credit Suisse over CDS
ABU DHABI/ZURICH: Abu Dhabi Commercial Bank said on Thursday it was suing Credit Suisse for selling it an investment in an unacceptable way and failing to disclose conflicts of interest.…
Bahrain: Banking on success
Financial services in Bahrain are increasingly being measured not merely in terms of growth and numbers but also for quality by independent external assessment. The bare statistics point to a…
Facebook moves closer to trademarking ‘face’
NEW YORK: Facebook has moved a step closer toward trademarking the word "face" — at least in certain contexts. The company's 2005 application with the US Patent and Trademark Office…
US designates ‘critical’ polar bear habitat in Arctic
WASHINGTON: The US government designated "critical habitat" for polar bears who live on Alaska's disappearing sea ice, a move that could impact new oil and gas drilling projects in the…
Greenhouse gases ‘rise to record levels in 2009’
GENEVA: Greenhouse gas concentrations reached record levels in 2009, the UN's weather agency said Wednesday, warning that global warming could set off even greater methane emissions from the Arctic. "Greenhouse…
Review: Paper wins over e-books for travel guides
DRESDEN: It sounded like a better, lighter way to pack for a trip to Germany: a Kindle with a Lonely Planet travel guide in lieu of an 844-page brick of…
Shuttle Discovery’s last flight over Christmas?
CAPE CANAVERAL: Baffled by fuel tank cracks, NASA announced another prolonged launch delay for space shuttle Discovery on Wednesday and raised the prospect of a Christmastime flight. Shuttle managers refused…
Emission pledges fall short of climate target, says UN
HELSINKI: Emissions cuts pledged by countries in a nonbinding climate accord last year fall short of what's needed to avoid the worst consequences of global warming, the UN's environment agency…
