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Dubai to build world’s biggest shopping center (Video)

Dubai to build world's biggest shopping center

The shopping-loving city that is home to one of the world’s largest shopping malls wants to build one even bigger. Dubai ruler Sheik Mohammed bin Rashid Al Maktoum has laid out plans for a sprawling real-estate project known as Mall of the World that will include the 8 million square foot (743,224 square meter) mall, a climate-controlled street network, a ... Read More »

New Poll : canadians overestimate economic impact of oilsands

New Poll: canadians overestimate economic impact of oilsands

Most Canadians overvalue the contribution the oil sands industry make to the country’s economy, finding it hard to believe it only contributes 2% to Canada’s total Gross domestic Product (GDP), results of a recent poll published Friday show. According to the survey conducted by polling firm Environics for the environmental group Environmental Defence, 57% of Canadians think the industry’s impact ... Read More »

US set to export oil

US set to export oil

U.S. crude oil producers are banned from exporting crude, but if they treat it just a little bit, they can ship it to foreign buyers. And that’s what the hullaballoo is about today after the Wall Street Journal reported U.S. Commerce Department rulings that allow two companies, Pioneer Natural Resources (PXD) and Enterprise Products Partners (EPD) to export condensate, a ... Read More »

Riot Games : Company pays workers to quit

Riot Games : Company pays workers to quit

An American video games company pays unhappy employees up to $25,000 to quit – even if they’ve only just been recruited. Riot Games, makers of the smash-hit PC game “League of Legends”, wants to cut ties with newly-appointed staff members if it’s immediately clear they’re inappropriate for the role. Read More »

US : Gas tax hike ahead?

US : Gas tax hike ahead?

Gas prices could be heading even higher if a new bill to increase the federal gas tax gains any traction in Washington. The proposal, introduced by Senators Chris Murphy (D-Connecticut) and Bob Corker (R-Tennessee), is meant to raise $164 billion over ten years with a 12 cent a gallon gas tax increase. Supporters of transportation spending believe the Highway Trust ... Read More »