Friday 24 May 2013
 
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Rich nations' wealth gap widens as welfare cut

A growing divide between rich and poor risks will grow still wider if cash-strapped governments keep cutting back the welfare state, an industrialised nations' think-tank warned on Wednesday. Weighing into a debate on inequali

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Airbus ‘more confident’ on A350 as profits rise

Airbus expressed growing optimism about the schedule for the keenly-awaited maiden flight of its A350 on Tuesday, amid speculation that its first new jet in almost a decade could debut before next month's Paris air show. Scoop

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Batelco wins big at Paris endurance race

  Bahrain's top telecom company Batelco sauid its racing team put up an impressive performace at the 25-hour RKC Endurance Championship in Paris, clinching the second place against a tough international line-up.

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'Autolib' battery car scheme a huge hit in Paris

  A fleet of little silver cars in Paris is showcasing France's gamble on electric vehicle technology in a project that backers say is even helping to narrow the capital's social divide.   M

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Cannes Film Festival unveils strong global lineup

Hollywood stars will mingle with filmmakers from all over the world at next month's Cannes Film Festival after organisers on Thursday unveiled a line-up heavy with international films. The films to be shown at the world's

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Cannes Film Festival unveils strong global lineup

Hollywood stars will mingle with filmmakers from all over the world at next month's Cannes Film Festival after organisers on Thursday unveiled a line-up heavy with international films. The films to be shown at the world's

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Staying power in a volatile region

He is one of the Middle East oil and gas industry’s most powerful men. And probably one of its busier individuals, in charge of a portfolio of strategic interests stretching across the region. But in the relative calm of corporate headquar

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Oil price level not harmful to world economy: Opec

The current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr

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Oil price level not harmful to world economy: Opec

The current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr

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Dubai now world's second busiest airport

  Dubai International has been confirmed as the world’s second busiest airport for international passenger traffic, moving ahead of Paris’ Charles de Gaulle airport for the first time.   

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