Safe-haven status puts UAE luxury car sales in high gear

Mother-of pearl dashboards and diamond-encrusted hood ornaments at the Dubai International Motor Show this week underlined how the safe-haven status of the United Arab Emirates is fuelling dramatic growth in sales of luxury cars.

Syrian Army Defectors Battle Assad Forces Near Damascus

Syrian army defectors attacked an intelligence complex on the edge of Damascus early Wednesday, the first such reported assault on a major security facility in the eight-month uprising against President Bashar al-Assad, activists said.

Emirates' $18 billion Boeing order kicks off air show

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth.

Brookfield Asset Management Doubles Net Income in 3Q

Brookfield Asset Management, the Canadian investment firm with around $150 billion in real estate, infrastructure and energy holdings, reported net income of $716 million in the third quarter, more than doubling its income of $342 million in the same period of 2010.


Christophe Lemaire (top) riding Dunaden beats Michael Rodd riding Red Cadeaux to win the Melbourne Cup at Flemington racecourse in Melbourne

Dunaden Wins Melbourne Cup Thriller

French stayer Dunaden prevailed in a thrilling nose-to-nose sprint to the line with British-trained Red Cadeaux to win the $6.2 million Melbourne Cup in a photo-finish at Flemington Race course on Tuesday.
Kim Kardashian Divorce

Kim Kardashian Divorce: Humphries Learned of Divorce Filing from TMZ

Kim Kardashian filed for divorce from husband Kris Humphries on Monday Oct. 31, citing irreconcilable differences. Humphries was blindsided by the divorce filing, reports TMZ, and learned of the news from the gossip website, just like the rest of the world while Kardashian was back to business as usual.
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Moammar Gadhafi Dead: Secret Funeral Video Shows Ceremony and Open Coffin (VIDEO)

Footage aired by the Dubai-based Al Alaan news channel claims to show the funeral of Libyan dictactor Moammar Gadhafi, his son Mutassim and his national security advisor, Abu Bakr Yunis. According to a Misrata Military Council official, Gadhafi's personal cleric, Sheikh Kahled Tantoush, is shown reciting an Islamic funeral prayer, with relatives of Gadhafi and other officials in attendance.