The indebted state developer behind Dubai's man-made islands says it has completed a long-awaited financial restructuring and will issue over $1 billion in Islamic bonds to some of its creditors.
Nakheel said Wednesday that the Islamic bonds, known as sukuk, would be issued on Thursday.Full Story
Rental car company Hertz Global Holdings says it plans to partner with General Electric in offering electric vehicles in China and expanding the charging networks needed to run them.
An agreement to be signed in Shanghai's "Auto City" of Anting on Wednesday calls for building 770 charging stations in major Chinese cities including Shanghai and Beijing, said Richard Broome, Hertz's senior vice president for corporate affairs.Full Story
Drunken revelers rejoice: Facebook will now let you decide whether your friends can attach your name to a photo before it is circulated.
Currently, your friends can add your name to a photo on Facebook without your consent or knowledge. You can remove it later, but only after lots of others may have seen the embarrassing shots. Now, you can insist on pre-approval.Full Story
Famed American trumpeter and composer Wynton Marsalis has shared memories of his childhood and played a few tunes in South Africa as a prelude to headlining Johannesburg's annual jazz festival.
Marsalis talked about his life Tuesday during a question-and-answer session at Johannesburg's Market Theatre. Later this week, he will perform at the city's Joy of Jazz festival.Full Story
Bradley Cooper's teenage tennis practice. Lady Gaga's first communion. A young Scarlett Johansson decorating a Christmas tree. Ryan Reynolds goofing around with his high-school classmates. Country crooner Blake Shelton as a guitar-playing kid.
These are just a few of the before-they-were-stars photos included in Ancestry.com's U.S. School Yearbook Collection. The genealogy website recently expanded its yearbook database to include nearly 7 million images from thousands of schools in the United States.Full Story
The fashion world is abuzz over the possibility that U.S.-born designer Marc Jacobs might take over as creative director of Dior.
The label, widely considered the jewel in the crown of French fashion, has been floundering for nearly six months, since its longtime creative director John Galliano was summarily sacked over allegations he made anti-Semitic remarks.Full Story
The fashion flock seems to have developed a fancy for feathers: They're decorating cocktail dresses and bohemian jewelry, and being braided into hair.
They're statements of femininity and luxury — without being too frilly, experts say.Full Story
Al Pacino says he got burned while making "Scarface."
Literally, he grabbed the hot barrel of a gun that had just shot 30 rounds during one of Tony Montana's violent scenes.Full Story
Soon after the lunch plates stopped rattling and books stopped thumping to the floor, shaken easterners could hear another sound from Tuesday's magnitude-5.8 quake: snickering emanating from the opposite side of the continent.
"Really all this excitement over a 5.8 quake??? Come on East Coast, we have those for breakfast out here!!!!" wrote Dennis Miller, 50, a lifelong California resident whose house in Pleasanton sits on an earthquake fault line.Full Story
Our world is a much wilder place than it looks. A new study estimates that Earth has almost 8.8 million species, but we've only discovered about a quarter of them. And some of the yet-to-be-seen ones could be in our own backyards, scientists say.
So far, only 1.9 million species have been found. Recent discoveries have been small and weird: a psychedelic frogfish, a lizard the size of a dime and even a blind hairy mini-lobster at the bottom of the ocean.Full Story