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Oracle's shares rise

BOSTON // Oracle Corporation reported a surprise increase in new software sales and said growth could accelerate this quarter as corporate IT spending picks up, sending its shares 4 per cent higher. The world's number two business software maker, led by Larry Ellison, also expects to win unconditional European Union clearance to close its US$7 billion (Dh25.71bn) acquisition of Sun Microsystems in January. Second-quarter net income to November 30 rose 12.5 per cent to $1.5bn from $1.3bn a year earlier, Oracle said. Revenue rose 4 per cent to $5.86bn. * Reuters

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UAE currency houses will be subject to new Central Bank rules

The proposed law change comes after a Central Bank decision this month to revoke the licences of two exchange houses. Pawan Singh / The National

New rules designed to tighten the regulation of money exchange houses are planned by the Central Bank in the wake of the closure of two exchange houses for breaking rules.  UAE currency houses will be subject to new Central Bank rules

Digital players fight for music domination

bz19-analysisNEW

Streaming services such as Spotify have left the likes of Apple looking outdated when it comes to free or low-cost music. But the big internet firms are ready to act.  Digital players fight for music domination

Emirates to delay A380 'wing crack' modifications

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The late delivery of new Airbus A380s has forced Emirates Airlines to push back by two months work to fix potential wing cracks on its existing fleet of superjumbos.  Emirates to delay A380 'wing crack' modifications

Keys to an evening of classic entertainment

Viktoriya Solyana plays a variety of music at Royal Meridian Hotel in Abu Dhabi. Ravindranath K / The National

The Life: Viktoriya Solyana is a pianist at Le Royal Meridien Abu Dhabi, and is awaiting her doctoral degree from Ukraine. She talks about a day in her life.  Keys to an evening of classic entertainment

Teach kids values and the world is their oyster

Gary Clement for The National

On the money: My son and I are creating our very own adventure book. A sort of scrapbook where we're writing down where we want to travel to, sticking in photographs of the places, including maps, writing bits of information - and a target date.  Teach kids values and the world is their oyster

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Blackberry Messenger opens up to Android and iOS

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Video: TDIC on the Louvre and Saadiyat Beach Villa project

Video: TDIC on the Louvre and Saadiyat Beach Villa project(Video)

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Video: Aldar optimistic about key developments

Video: Aldar optimistic about key developments(Video)

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Video: Facebook ventures into the travel sector

Video: Facebook ventures into the travel sector(Video)

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Video: A look inside the Kaloti gold refinery

Video: A look inside the Kaloti gold refinery(Video)

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