Monday, August 5, 2013

Info. Technology - Brazil, Regional - LinkedIn LatAm, Canada revenue up 78.5% in Q2

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Source: member.bnamericas.com --- Saturday, August 03, 2013
Professional social network LinkedIn saw its revenues in Latin America and Canada increase by 78.5% in Q2 to US$26.9mn, according to a results release by the company. Despite this strong growth, re... ...

Source: http://member.bnamericas.com/news/technology/linkedin-latam-canada-revenue-up-785-in-q2

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Sunday, August 4, 2013

Iran gets new president, vows ?constructive? foreign relations

DUBAI ? Hassan Rouhani took office as Iran?s president on Saturday promising ?constructive interaction with the world? after eight years under Mahmoud Ahmadinejad marked by diplomatic confrontation and damaging sanctions.

The politically moderate 64-year-old cleric?s resounding victory at June?s election raised hopes of a negotiated end to the dispute over Iran?s nuclear programme and an easing of the sanctions that have hit the OPEC country?s oil exports.?

That could avert a possible new war in the Middle East. Both the United States and Israel have said all options ? including military action ? are open to stop Iran getting nuclear arms.

Supreme Leader Ayatollah Ali Khamenei endorsed Rouhani?s election win in a statement read out to political, religious and military grandees assembled at a Tehran religious site.

Khamenei praised the ?selection of a worthy individual who has more than three decades of service to the system of the Islamic Republic... and who from the time of the revolutionary struggle... has resisted the enemies of the Islamic Revolution?.?

Symbolising the handover of power, Khamenei took the presidential mandate from Ahmadinejad and handed the document to Rouhani.?

Khamenei then kissed Rouhani on the cheek and the new president kissed the leader on his shoulder, a sign of supplication.

The start of Rouhani?s presidency puts an end to the Ahmadinejad era during which Iran grew more isolated and came under wide-ranging United Nations, US and European Union sanctions over its nuclear programme.

Rouhani faces enormous challenges, including inflation he put last month at 42 per cent, unemployment, and political divisions between conservative, moderate and reformist factions.

?Moderation does not mean deviating from principles and it is not conservatism in the face of change and development. Moderation... is an active and patient approach in society in order to be distant from the abyss of extremism,? Rouhani said in a short speech after becoming president.

?In the international arena we will also take new steps to promote the Iranian nation towards securing national interests and removing sanctions. Although there are many limitations, the future is bright and promising,? he said.

?The orientation of the government is Iran?s economic salvation, constructive interaction with the world, and a restoration of morality.?

Rouhani?s first test is persuading parliament to approve his list of proposed ministers, which he is expected to present on Sunday after he takes his oath of office in parliament.

?Rouhani will certainly appoint more competent men and women to key economic ministries and institutions. He will also follow saner economic policies,? said Shaul Bakhash, an Iran historian at George Mason University in Virginia.

?But the economic problems are staggering... Above all, without a serious easing of sanctions, it is difficult to see how Rouhani can get the economy moving again.?

Ahmadinejad defended his time in office, telling state television late on Friday his administration was the least corrupt in history, and blaming sanctions for economic problems.

?We promised to have clean hands; I say with confidence that this government is the cleanest government,? Ahmadinejad said, according to the Mehr news agency.

?The enemy has introduced heavy sanctions and the nation has faced problems. We have made our utmost effort but we couldn?t resolve all the pressures. This issue has been very difficult for us.?

Rouhani has said he will appoint ministers from all political factions, based on their ability, but hardliners have demanded the conservative-dominated parliament reject nominees associated with the ?sedition?, their term for the months of protests that followed Ahmadinejad?s disputed 2009 re-election.

Parliament?s confirmation of such candidates would be ?a betrayal of the people and the system?, Hossein Shariatmadari, editor of the influential hardline daily Kayhan, wrote in an editorial this week.

A source close to Rouhani confirmed to Reuters that he will nominate Mohammad Javad Zarif, a US-educated former ambassador to the United Nations, as his foreign minister.

Another likely pick is Ali Jannati for culture minister, an influential post which oversees domestic and foreign press in Iran and vets cinema, theatre, literature and other arts. Jannati has served as ambassador to Kuwait and his father is Ayatollah Ahmad Jannati, a hardline cleric.

During Ahmadinejad?s presidency, press freedoms were curtailed, newspapers shut down, and this year about a dozen journalists were arrested in a crackdown on the press.

In an interview with the reformist Bahar newspaper this week, Jannati sought to distance himself from his father?s views and indicated he would support more freedom for artists.

?Intellectual matters are not hereditary,? Jannati said, according to Bahar. ?I am hopeful that given my views on the fields of music, art, and film, the cultural and artistic atmosphere in the country will soften so that artists can breathe more easily.? ?

Source: http://jordantimes.com/iran-gets-new-president-vows-constructive-foreign-relations

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India complete 5-0 whitewash against Zimbabwe

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Source: timesofindia.indiatimes.com --- Saturday, August 03, 2013
India created history by recording their first-ever five-match ODI series whitewash on foreign soil as they beat Zimbabwe by 7 wickets in fifth and final match. ? ? ? ? ...

Source: http://timesofindia.feedsportal.com/c/33039/f/533964/s/2f83523d/sc/13/l/0Ltimesofindia0Bindiatimes0N0Csports0Ccricket0Cseries0Etournament0Cindia0Ein0Ezimbabwe0E20A130Ctop0Estories0CInd0Evs0EZim0EIndia0Ecomplete0E50E0A0EODI0Eclean0Esweep0Eagainst0EZim

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Black Hat: Multiple "Master Key" Vulnerabilities Afflict Android

It all started as a prank, explained Bluebox Security's Jeff Forristal. The Bluebox team wanted to create a hacked version of the FourSquare app that would make it seem like you're somewhere odd, like Antarctica. Alas, Google Maps rejected requests from the tweaked app. Pursuing ways around that problem led the team to the weakness they dubbed "Master Key". "This topic has already been covered," said Forristall. "It leaked. It's been out for a few weeks. But actually there's more than one master key, so this talk grew from one bug to four."

Forristal explained that by disassembling, modifying, and reassembling the app, they had changed its developer signature. The new signature wasn't licensed to use Google Maps, so it was rejected. Their new quest; change the code without changing the signature.

Forristal walked through the detailed series of events that occur when Android verifies a signed app. Each layer verifies the previous one, starting with verifying that the code models haven't been tampered and ending with a digital signature of the package as a whole. He tried attacking the system at every stage, mostly without luck.

"The APK, JAR, and ZIP formats are basically the same," noted Forristal. "JAR and APK just have additional components." His final success involved leveraging the ZIP format. When he inserted an "evil" file with the same name as an existing valid file, the verifier signed off on the valid file, but the "evil" file got launched.

Why? Because Android uses different ZIP file management code in the verifier and in the actual installer. "A discrepancy of ZIP file parsing is the source of this error," explained Forristal. "In fact, there are eight separate ZIP file parsing implementations in the Android code base."

Out of the Sandbox
"I used this trick for good," said Forristal. "Now let's take it to awesome." Like iOS, Android runs each app in its own sandbox, so an app can't access resources belonging to another app. "The only way into the sandbox is to be signed by the same developer," he explained. "That's what makes updates possible."

Black Hat 2013 Bug

"The system as a whole, subscribes to the same notion," he continued. "The system sandbox enforces all the other sandboxes. It controls all your settings. It's not root, but it has all your data, apps, passwords, and settings?what's left? System is pretty powerful." Apps that access the system sandbox are typically signed by the platform maker. "I just needed to get a platform-signed app and do my little trick, and I should have system-level access. That's cooler than FourSquare maps," he concluded.

It turns out that third-party VPNs need to be platform-signed, and as a bonus they already request access to the system sandbox. Forristal displayed the three simple commands he used to insert his "evil" code into a third-party VPN, joking about "?ber hacking tools." The result? A Trojan with full system-level access.

Easy Exploitation
Master security technologist Saurik (Jay Freeman) took the concept to the next level, explained Forristal. His Cydia Impactor tool runs on OSX and Windows and automates the exploit. "Connect a device," said Forristal, "it figures out the right app, builds it, add the appropriate hack to get root access, and delivers it. I was gonna release some cheesy little proof of concept apps, but this is awesome."

Forristal noted that the device's processor type doesn't matter. The attack isn't affected by ASLR (Address System Layout Randomization) or DEP (Data Execution Prevention). He made one version that works on four generations of Android, and the only real skill needed is knowledge of Java. "I submitted this for Black Hat because it's easy to understand and exploit," said Forristal.

More Master Keys
Forristal ran down a number of other recently discovered bugs that could be considered "master keys." When going through the code for a feature called Authenticated Attributes, Bluebox researchers found a line commented out and marked "TODO." As a result of the missing code, no matter what changes you make the file passes verification. Not many files use this feature, noted Forristal. "If you find one, you can copy and paste the certificate file and assume the identity of the developer. If you signed an app with Authenticated Attributes, you've given your identity away." As this bug was fixed before Bluebox reported it, they don't take credit.

The "Hidden Trojan" attack reported by a Chinese researcher turns out to be just one of several possible ways to exploit Android's multiple ZIP file parsers. These attacks take advantage of the fact that one parser users signed integers and the other uses unsigned integers.

"It's not even about replacing one file," enthused Forristal. "You can use this trick to feed in a completely different ZIP file. One gets verified, the other runs. A couple tricks and tidbits in this space may show even more power to this approach."

Although malware using this technique has already been seen in the wild, it shouldn't be possible to get a Trojanized file like those described here into Google Play. You probably will be safe if you always and only install apps that have passed official scrutiny. Still, to be safe, be sure to install any available Android updates immediately.

Source: http://securitywatch.pcmag.com/hacking/314384-black-hat-multiple-master-key-vulnerabilities-afflict-android

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Braves extend win streak to 8 games

Atlanta Braves' Brian McCann celebrates his two-run homer with Freddie Freeman in the fifth inning of a baseball game against the Philadelphia Phillies on Friday, Aug. 2, 2013, in Philadelphia. (AP Photo/Michael Perez)

Atlanta Braves' Brian McCann celebrates his two-run homer with Freddie Freeman in the fifth inning of a baseball game against the Philadelphia Phillies on Friday, Aug. 2, 2013, in Philadelphia. (AP Photo/Michael Perez)

Atlanta Braves' Chris Johnson, right, fields a ground ball hit by Philadelphia Phillies' Michael Young and throws him out in the third inning of a baseball game on Friday, Aug. 2, 2013, in Philadelphia. (AP Photo/Michael Perez)

Atlanta Braves' Kris Medlen throws a pitch in the first inning of a baseball game against the Philadelphia Phillies on Friday, Aug. 2, 2013, in Philadelphia. (AP Photo/Michael Perez)

Philadelphia Phillies' Ethan Martin, right, looks down after giving up a two-run homer from Atlanta Braves' Brian McCann in the fifth inning of a baseball game on Friday, Aug. 2, 2013, in Philadelphia. (AP Photo/Michael Perez)

Former Philadelphia Phillies catcher Darren Daulton walks to the field during the Phillies alumni ceremonies before the start of a baseball game against the Atlanta Braves on Friday, Aug. 2, 2013, in Philadelphia. Daulton was recently diagnosed with a brain tumor. (AP Photo/Michel Perez)

(AP) ? Patience helped the Atlanta Braves keep their winning streak going.

After the Braves couldn't take advantage of a bases-loaded opportunity in the fourth inning, they used a five-run fifth inning, including consecutive homers from Brian McCann and Chris Johnson, for their eighth straight victory, 6-4 over the Phillies.

"Everything's a run," Braves manager Fredi Gonzalez said. "You get a good run of hitting or you get a good run of pitching ? seems like our good run of pitching has been really consistent the whole year. But you see some guys with some good approaches, good at-bats, keep the lineup moving."

McCann's two-run shot gave the Braves a 4-2 lead just two batters after Justin Upton tied it on an RBI single.

"(It was) just a mistake pitch," Phillies rookie Ethan Martin (0-1) said on McCann's homer. "They'll make you pay for mistakes."

Johnson extended his hitting streak to 11 games with his seventh homer to make it 5-2. He also had a seventh-inning double to extend his streak of multihit games to eight games. It is the most for any Braves player since the franchise moved to Atlanta in 1966.

"I'm trying not to think about it really," Johnson said. "I'm trying to keep my same approach every single day, try to come in tomorrow do my exact same routine."

Kris Medlen (8-10) earned the victory, going six innings while giving up six hits and four runs, including three solo homers. He struck out eight and walked one.

Darin Ruf, Delmon Young and Chase Utley homered for Philadelphia, which has lost 11 of 13 since the All-Star break.

David Carpenter struck out the Philadelphia side in the seventh, Jordan Walden fanned two in the eighth and Craig Kimbrel got two in the ninth for his NL-best 32nd save.

After Martin escaped the fourth, he struggled in the fifth and got just one out before leaving the game. He allowed six runs and eight hits overall.

"We were trying to be patient the first time around, try to get him to throw his fastball, but he was pretty darn good the first couple innings," Gonzalez said. "Then I think the second time around the lineup we had a better look at him. But that young man is going to be successful."

Ruf gave the Phillies a 1-0 lead in the second inning when he sent a full-count fastball into the left-field bleachers for his third home run of the season.

On the next pitch, Delmon Young hit one out to right to make it 2-0.

Jason Heyward got the Braves on the board with an RBI single in the third.

Utley homered and Cody Asche added an RBI groundout in the sixth to close out the scoring.

Phillies manager Charlie Manuel and shortstop Jimmy Rollins were ejected in the ninth inning arguing an apparent foul tip by Young that was called strike three.

"I saw it or I wouldn't have gone out there," Manuel said. "It hit the ground. The umpire at first said he saw him catch it. ... I wasn't going to come back to the dugout embarrassed."

Notes: Ruf has reached base in 30 straight games, going back to last season ? the longest active streak in the majors. He's hit .310 over that span, with 15 of 31 hits going for extra bases. ... Over his 11-game hitting streak, Chris Johnson has gone 21 for 44 and raised his average to .347. ... Philadelphia placed rookie RHP Jonathan Pettibone (5-4, 4.04 ERA) on the 15-day disabled list prior to the game with a right shoulder strain. The Phillies also designated RHP J.C. Ramirez for assignment and promoted RHP Zach Miner from Triple-A Lehigh Valley. ... Curt Schilling, who spent eight-plus seasons of his 20-year career with the Phillies, was inducted into the Philadelphia Baseball Wall of Fame prior to the game. ... John Lannan (3-4, 4.10 ERA) will start Saturday for Philadelphia on three days' rest. Lannan has never pitched on short rest in his career. ... Brandon Beachy will go for Atlanta on Saturday, making his second start back following Tommy John surgery. ... Cliff Lee, scratched from his last start with a stiff neck, will take the mound Sunday for the Phillies.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-08-03-BBN-Braves-Phillies/id-bd951c1f0ee144c4a38dbb0d9208b446

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Saturday, August 3, 2013

Japan rocket launch sends supplies robot to space station

  • Global Times - Saturday 3rd August, 2013

    Defending champions China suffered their second defeat at the 27th Asian Men's Basketball Championship here on Saturday as they lost to Iran 70-51.It is their first meeting at the Asian championship in four years after China went down to Iran 70-52 in the 2009 final.Yi Jianlian's absence due to injury gave Iran more chances to play inside the paint, in which they outscored China ...

  • Chinese Taipei beats Philippines 84-79 in Asia Basketball Championship

    Global Times - Saturday 3rd August, 2013

    Chinese Taipei overcame a 13-point deficit in the fourth quarter with a furious rally to beat the Philippines 84-79 on Saturday night to remain unbeaten in the Asia Basketball Championship at the Mall of Asia Arena in the Philippines.Lu Cheng-Ju led Chinese Taipei with 22 points and hit six three-pointers to lead their comeback in the final quarter by outscoring the Filipinos, 29-11, in the ...

  • Rouhani becomes Irans presidentHassan Rouhani took office as Irans president on Saturday succeeding Mahmoud Ahmadinejad after supreme leader Ayatollah Ali Khamenei endorsed him state TV said.

    Times of India - Saturday 3rd August, 2013

    supreme leader Ayatollah Ali Khamenei endorsed him, Iranian media said. Rouhani's resounding election win in June raised hopes of a negotiated end to the dispute over Iran's nuclear programme. That would avert a possible new war in the Middle East. Khamenei kissed Rouhani on the cheek and the new president kissed the leader on his lapel. The start of Rouhani's presidency puts an ...

  • At least 11 killed in Mexico clashes

    Times of India - Saturday 3rd August, 2013

    NUEVO LAREDO, Mexico / Tamaulipas: At least 11 people died and 17 others were wounded in clashes in northern Mexico between security forces and criminal gangs, authorities said Saturday. The bloody confrontations ocurred in the states of Tamaulipas, Durango and Sinaloa, where violent drug cartels are vying for power. Clashes in the city of Reynosa, near the American border, early Saturday ...

  • Now Chinese court officials under lens in sex scandal

    Times of India - Saturday 3rd August, 2013

    sex scandal at a night club. City authorities ordered the probe after there were reports on the internet that the officials had called for prostitutes at the Hengshan Resort in Shanghai on the night of June 9. Two of the officials being investigated are Chen Xueming and Zhao Minghua, chief and deputy chief of the court's No. 1 civil court, who function as judges. The Shanghai Municipal ...

  • White House holds high-level meeting over security threat

    West Australian - Saturday 3rd August, 2013

    Reuters ? A police trooper mans a machine gun mounted on an armoured personnel carrier, which is positioned near the British embassy in Sanaa August 3, 2013. REUTERS/Khaled ...

  • Egypt Morsi supporters unswayed after US envoy talks

    Times of India - Saturday 3rd August, 2013

    Guido Westerwelle , comes as the international community pushes Morsi loyalists and the army-installed interim government to reach a compromise. But in a statement issued early on Sunday, the political arm of ...

  • Hanif Kureishis next book on Naipaul and his biographer Patrick French

    Times of India - Saturday 3rd August, 2013

    Hanif Kureishi will come out with his novel, Last Words, in February 2014. The story revolves around the real life incident involving award winning British author French's visit to Sir Vidya's home. In 2001, French was invited to write Naipaul's authorised biography, The World Is What It Is. Indian-Trinidadian author Naipaul opened up to French about subjects he has rarely spoken ...

  • REFILE-Alabama Nuclear plant releases carbon dioxide no damage injuries

    Reuters - Saturday 3rd August, 2013

    Sat Aug 3, 2013 8:42pm EDT BIRMINGHAM, Ala. Aug 3 (Reuters) - A carbon dioxide spray used as a flame retardant was inadvertently released and an alert declared at a nuclear power plant in southern Alabama early on Saturday, plant owner Alabama Power Company said, adding there were no signs of fire or damage and no injuries or health threats. The Joseph M. Farley Nuclear Plant operates a two-unit ...

  • Kuwait forms new Cabinet names al-Shamali oil minister -state news agency

    Reuters - Saturday 3rd August, 2013

    ABU DHABI | Sat Aug 3, 2013 8:41pm EDT ABU DHABI Aug 4 (Reuters) - Mustapha al-Shamali was appointed oil minister in Kuwait's new Cabinet, state news agency KUNA said on Sunday after a parliamentary election in the major crude producer last month. The position was previously held on an acting basis by al-Shamali, after his predecessor, Hani Hussein, resigned in May under pressure ...

  • They think its all ova Bill Grangers Asia-influenced egg recipes

    The Independent - Saturday 3rd August, 2013

    This isn't the prettiest of dishes, but I can guarantee it's one of the most comforting meals you could have. Oddly, the name means mother (the chicken) and child (the egg), which is quite creepy, but not so much that I'd let it get between me and a good meal...4 tbsp mirin 3 tbsp soy sauce 1 tbsp caster sugar 250ml/8fl oz dashi stock or light chicken stock 1 onion, sliced ...

  • Japanese rocket launch sends supplies robot to space station

    Channel News Asia - Saturday 3rd August, 2013

    Japan launched a cargo-carrying rocket on Sunday loaded with supplies for the crew of the International SpaceStation, along with a small robot meant as a companion for one of the country's ...

  • Outbound capital from Asia Pacific into real estate grows steadily.

    4Hoteliers - Saturday 3rd August, 2013

    Continued net flow of capital out of the Americas and Asia Pacific into Europe. The net flow of overseas capital into European commercial real estate in H1 2013 rose by 18 percent y-o-y, to top USD 12 billion with Asia Pacific investors deploying USD5.6 ...

  • World looking to Asia for economic salvation

    C News - Saturday 3rd August, 2013

    Tokyo, Japan. TORONTO - Welcome to the Pacific Century. The world is looking to Asia for its economic salvation -- now, tomorrow and for the next 100 years at least. Canada is looking, too. A little shyly perhaps, with reservations and some constraints attached, but we are interested in the suitor(s) all the same. A new survey by the Asia Pacific Foundation of Canada (APF) reveals that, ...

  • Libyas deputy prime minister resigns

    Reuters - Saturday 3rd August, 2013

    BENGHAZI (Reuters) - Libya's deputy prime minister, Awad al-Barasi, resigned on Saturday, saying he was not given enough powers to carry out his ...

  • Tens of thousands turn out in support of Tunisia government

    Reuters - Saturday 3rd August, 2013

    Supporters of the Islamist Ennahda movement wave flags as they chant slogans during a demonstration in support of the Ennahda government and against calls for its dissolution, outside the Constituent Assembly headquarters in Tunis, August 2, ...

  • China US Should Insist on Rights Benchmarks in Talks

    Human Rights Watch - Saturday 3rd August, 2013

    American officials should approach this interaction acutely aware that people in China who are trying to have exactly the same discussions with the government are being arbitrarily detained and prosecuted. US officials should use this opportunity to do what people in China want: to try their best to hold the Chinese government accountable for its human rights ...

  • In New York mayor race lesbian candidate struggles to win womens vote

    Reuters - Saturday 3rd August, 2013

    New York mayoral candidate Christine Quinn waves to the crowd while attending the annual Dominican Day Parade in the Bronx, New York July 28, ...

  • Crisis-hit Tunisia presses hunt for jihadistsTunisias army pressed ahead Saturday with operations against Islamists in a remote mountain range after a deadly ambush on its troops heightened a crisis sparked by a political assassination.

    Times of India - Saturday 3rd August, 2013

    mountain range after a deadly ambush on its troops heightened a crisis sparked by a political assassination. The authorities kept a tight lid on the overland and helicopter raids launched on Friday in ...

  • Brazil cops jailed for life in 1992 prison massacre caseTwenty-five police officers were sentenced to life in prison on Saturday for their role in the 1992 Carandiru prison massacre that left 111 prisoners dead.

    Times of India - Saturday 3rd August, 2013

    prisoners dead. Each officer was sentenced to 624 years in prison for using deadly force to quell a fight among inmates. The court found the officers guilty of killing 52 prisoners. A seven-person jury reached the sentence, which was read out by the presiding judge early on Saturday. The sentence was reached after a week-long trial, the second part of a process broken into four in which 79 ...

  • Canada to shut Dhaka mission on Sunday

    Times of India - Saturday 3rd August, 2013

    OTTAWA, Province of Ontario: Canada will shutter its mission in the Bangladeshi capital Dhaka on Sunday, a spokesman said, citing security reasons amid global concern over terror threats. The United States has ordered its embassies across the Islamic world to close temporarily, while Germany, Britain and France said they would shut their missions in Yemen for at least two days. Canada said that ...

  • Happy Holi from Berlin to Britain

    Times of India - Saturday 3rd August, 2013

    Holi in India is one big party. And now the festival has inspired a new generation of clubbers and festival goers across the world to use clouds of coloured powder to turn each other into human rainbows. The idea of Holi-themed parties was the brainchild of German entrepreneur Jasper Hellman who attended a celebration in India in 2011 and took the idea back with him to Berlin, where he organized ...

  • Source: http://www.bruneinews.net/index.php/sid/216217350/scat/bf053b50c46383e0

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    Abu Dhabi Energy Firm TAQA Swings To 2Q Loss

    Reuters

    DUBAI, July 31 (Reuters) ? Abu Dhabi National Energy Co (TAQA), the state-owned oil explorer and power supplier, swung to a loss in the second-quarter weighed down by derivatives and hedging exposures and a slump in income from its oil and gas business.

    TAQA, 75 percent owned by the government of Abu Dhabi, reported a net loss of 172 million dirhams ($46.83 million) for the quarter ending June 30, compared with a profit of 447 million dirhams in the corresponding period in 2012, the company said in a bourse statement.

    Revenue for the quarter was 2.1 billion dirhams, lower than the 2.6 billion dirhams generated in the prior-year period.

    The company posted a loss of 114 million dirhams due to changes in fair value of derivatives and hedges in the quarter. This compares to a gain of 80 million dirhams in the second quarter of 2012.

    Total oil and gas revenues declined by 18 percent in the first half of the year to 4.8 billion dirhams for the first half 2013, due to lower production in the U.K. North Sea and softer pricing in Europe for oil.

    The state-owned utility has investments in the energy and power sector in the Middle East, India, Africa, the U.K. and north America.

    Its shares were trading down 3.1 percent on the Abu Dhabi bourse at 0745 GMT following the results announcement. ($1 = 3.6730 UAE dirhams)

    (Reporting by Praveen Menon; Editing by Dinesh Nair)

    Copyright 2013 Thomson Reuters. Click for Restrictions.

    Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

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    Source: http://www.rigzone.com/news/oil_gas/a/128122/Abu_Dhabi_Energy_Firm_TAQA_Swings_To_2Q_Loss?rss=true

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