On his Tumblr, Frank Ocean recently posted a video for “Lost,” one of the most immediate and accessible songs from his 2012 masterwork Channel Orange. The clip is a split-screen travelogue that follows Ocean through places like Dubai, Paris, and Tokyo, and it works as a cool, calm, and collect... Read more...
Dubai will not be using full-body scanners in either of its two airports to protect passengers' privacy, a Dubai airports' top police official said, according to local press reports Tuesday. Full-body scanners will not be used in Dubai airports as they "contradict Islam, and out of respect ... Read more...
A suspicious package in Times Square prompted an evacuation and raised alarms in a jittery city on Friday afternoon until authorities determined it was a false alarm. Investigators determined after an anxious hour or so that the suspicious package -- a green cooler -- contained only water bottles... Read more...
Dubai's government has announced it has been given a $10bn (£6.13bn) handout from United Arab Emirates neighbour Abu Dhabi to help it pay off its debts. It will use $4.1bn (£2.5bn) of the money to bail out the government-owned investment company Dubai World. The company's property development op... Read more...
The debt-fueled development boom that fueled the Dubai World crisis is creating headaches in Greece, Romania and other small European states as well NEW YORK (Fortune) -- Dubai's not the only onetime highflier that risks drowning in debt. The Middle East city-state's investment arm, Dubai World, i... Read more...
NEW YORK (CNNMoney.com) -- Gold hit record highs near $1,200 an ounce Tuesday, as dollar weakness and easing of Dubai debt fears helped the precious metal continue recovering from Friday's losses. By 7:05 a.m., U.S. gold futures for December delivery were up $13 to $1,194.10 an ounce after reachi... Read more...
European shares have been hit by concerns over Dubai's financial health, after a government-owned company asked for an extension on repaying its debts. The UK's FTSE 100 index lost 3.2%, its biggest one-day fall since March, after Dubai World asked creditors to postpone upcoming repayments until Ma... Read more...