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Big turnout on Record Store Day shows rebirth of vinyl

Music lovers lined up for blocks and sellers reported bumper trade on Record Store Day, a sign of the rebirth of vinyl in one bright point for the long-troubled recording industry. Some 3,000 independent stores Saturday in nearly two dozen countries put out new and reissued records specially for the day, which was conceived in 2007 to support businesses facing a twin onslaught from instant digital music and corporate chains.

Egypt arm of Dubai developer Emaar reports big profit increase

Emaar Misr, the Egyptian arm of Dubai developer Emaar Properties, on Sunday reported a big jump in first-quarter profits, supported by strong revenue growth. The subsidiary of Dubai’s largest real estate developer said profits reached 172.7 million Egyptian pounds ($22.65 million) in the first three months of the year, up from 30.7 million pounds a year earlier. Emaar Misr, a big foreign investor in Egypt’s real estate industry, filed a

Israeli port city closes 5 factories over cancer fears

The mayor of Haifa, Israel’s third largest city, ordered Sunday the closure of five petrochemical plants following a health ministry warning linking high cancer rates to air pollution. Haifa Mayor Yona Yahav further said that municipality trucks were blocking the entrances to Israel Oil Refineries and Petroleum & Energy Infrastructures, both of which are based on the bay in the northern port city. “From now on, no tankers will have

Gerald Celente: Broadcast Interview – Available Now

Gerald Celente: Founder & Director of the Trends Research Institute – Gerald has had a long track record of making some of the most controversial, yet correct calls in terms of global trends and events. In fact, many consider Mr. Celente to be the top trends forecaster in the world. Gerald has been quoted and interviewed in media throughout the world such as KWN, CNBC, Fox, CBS, ABC, NBC, BBC, Time …

Gerald Celente

Gerald Celente: Founder & Director of the Trends Research Institute – Gerald has had a long track record of making some of the most controversial, yet correct calls in terms of global trends and events. In fact, many consider Mr. Celente to be the top trends forecaster in the world. Gerald has been quoted and interviewed in media throughout the world such as KWN, CNBC, Fox, CBS, ABC, NBC, BBC, Time …

Exclusive: Carlyle to shutter its two mutual funds

Carlyle Group LP has decided to liquidate the two mutual funds it launched last year, regulatory filings showed this week, as the private equity firm seeks other ways to gain more traction with so-called liquid alternative funds. Developing mutual funds has historically been challenging for private equity firms because the average buyout fund is illiquid, with a typical life span of 10 years. Next month, Carlyle will close Carlyle Global