Dubai, Feb 22 (IANS/WAM) The Dubai Municipality last year gave permission for the construction of 23,243 buildings in the emirate. Yusuf Abdullah, acting director of the Buildings Department, said: "Total construction permissions include 12,952 private villas, 1,366 commercial villas, 2,182 industrial buildings, 2,227 facilities, 3,339 multi-storey buildings and 1,117 floor additions." The department issued 2,421 completion certificates, while it also demolished 197 sites during the year
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys
Pain at the pump and a payroll pinch have consumers cutting back spending at retailers like Wal-Mart- which says sales will stall this quarter. Bobbi Rebell reports
In trading on Thursday, cigarettes & tobacco shares were relative leaders, up on the day by about 0.1%. Leading the group were shares of British American Tobacco Plc Adr (BTI), up about 1.1% and shares of Philip Morris International (PM) up about 0.8% on the day
In trading on Thursday, general contractors & builders shares were relative laggards, down on the day by about 6.3%. Helping drag down the group were shares of Toll Brothers (TOL), down about 9.1% and shares of Ryland Group (RYL) off about 8.3% on the day
Wal-Mart (WMT) announced that it earned $5.6 billion, or $1.67 per share for the most recent fiscal quarter, up from $5.16 billion, or $1.50 per share, in the same period last year. Net sales were higher by 3.9 percent to $127.1 billion
Argentines are being forced to find creative ways to deal with rampant inflation, which the govt puts at 10.8% but independent experts says is about 25%, nearing the levels of hyperinflation last seen during the 2001 economic meltdown. Duration:
It's a public showdown between a UK financier and his one-time partners. Nat Rothschild set up coal miner Bumi with Indonesia's politically-connected Bakrie family to bring Indonesian assets to London investors, but the partnership soured. Rothschild has been trying to get shareholder support to oust the current board. Ivor Bennett reports
Feed a family of 4 for under $15 with this week's Frugal Family Feast!
Millions of India's workers walk off their jobs on the second day of a two-day nationwide strike called by trade unions to protest at the "anti-labour" policies of the embattled government. Duration
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