Dubai’s lossmaking DHCOG extends $555 mln loan
DUBAI: Dubai Holding's main unit will not be repaying a loan that was due on Thursday, saying lenders have agreed to extend the $555 million credit, in the latest blow…
Sumitomo arranges Japan’s first Islamic funding deal
KUALA LUMPUR: Sumitomo Corp is arranging the first Islamic funding deal in Japan, which could pave the way for other Japanese issuers to tap the $1 trillion industry, a source…
Spain beats Germany 1-0 to reach World Cup final
DURBAN, South Africa: Carles Puyol soared high to head in the goal that sent Spain into the World Cup final for the first time with a 1-0 win over Germany…
World Cup cheers in Spain and tears in Germany
JOHANNESBURG: Football fans cheered in Madrid and shed tears in Berlin as Spain set up a World Cup final showdown with the Netherlands at Soccer City on Sunday. Carles Puyol,…
South Africa seeks to harness World Cup to ease xenophobia
JOHANNESBURG: As South Africans savored the final days of the World Cup, the government Thursday hammered out plans to use the tournament's good spirits to stamp out simmering anti-immigrant sentiments.…
Loew leaves future open after semi-final defeat
ERASMIA: In the wake of his side's World Cup semi-final defeat to Spain, Germany coach Joachim Loew remains tight-lipped on his future plans despite now being out of contract. The…
Holland Champion’flags sell like hotcakes’ ahead of final
THE HAGUE: Flags prematurely declaring Holland the 2010 football World Cup champions are flying off the shelves with other orange paraphernalia as the Dutch kit themselves out for Sunday's final…
Private jet logjam delays 700 fans at World Cup semi-final
JOHANNESBURG: Private jets will be towed if they refuse to make way for commercial flights at Johannesburg airport for the World Cup final, officials said Thursday, after a logjam made…
Lindsay Lohan’s manicure message gets attention
Never has so much attention been paid to a manicure. Less than 24 hours after Lindsay Lohan was sentenced to 90 days in jail and 90 days in rehab for…
Treasure trove of vintage Arab film posters hidden in Beirut
Deep under Beirut's busiest shopping district lies a treasure trove of the Arab world's film history where movie buff Abbudi Abu Jawdeh has amassed vintage film posters spanning some 80…