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UAE to allow 100 pct foreign ownership of businesses by year-end

DUBAI, May 20 The United Arab Emirates cabinet approved steps on Sunday that would allow for 100 percent ownership of UAE-based businesses by foreign investors by year-end, the state news agency WAM said.

11:28pm IST

Box Office: 'Deadpool 2' Propels to $125 Million Opening

LOS ANGELES, May 20 (Variety.com) - Deadpool might not consider himself a superhero, but its latest installment is off to a powerful start.

9:42pm IST

Under-pressure Abraaj breaches debt covenants - sources

DUBAI, May 20 Abraaj, the Middle East's largest private equity house, is in violation of conditions relating to a portion of its debt, said six banking sources, adding to the pressure on a group locked in a dispute with investors.

7:48pm IST

Socialist Britain will not be "ripped off any more" under Labour - McDonnell

LONDON, May 20 Britain's main opposition Labour Party wants to radically transform the economy, forming a Socialist society where "we're not going to get ripped off any more", its finance policy chief, John McDonnell, said on Sunday.

7:10pm IST

A Noah's Ark of animals rescued from Hawaii lava

PAHOA, Hawaii, May 20 When hundreds of residents of Hawaii's Big Island fled their homes after the Kilauea volcano erupted, some left behind not only most of their belongings, but also their beloved pets.

6:54pm IST
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