MasterCard posts Q3 profit as costs fall

MasterCard Inc reported on Tuesday quarterly earnings as the world's second-largest credit card network raised fees to banks and trimmed expenses, while consumers used their debit cards more. MasterCard's third-quarter net income

Scared of flying? Press the fear iButton

People scared of flying can now press a button on their iPhone to help them deal with their panic. Long-haul airline Virgin Atlantic Airways has launched an application, or app, for its

Stocks fall on stimulus worries

World stocks dipped towards the previous session's four-week lows on Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector. Positive U.S. manufacturing and

Cyprus embassy opens in Abu Dhabi

Minister of Foreign Affairs, Markos Kyprianou along with Deputy Foreign Minister of the United Arab Emirates Khaled Al Marri, inaugurated on Monday the embassy of the Republic of Cyprus in Abu Dhabi.