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In The New York Times, Janet Maslin began her review of the movie with this: “One way to get through ‘Baby Geniuses’ is to think about whether it really is the worst movie you’ve ever seen. Probably not, but pretty darn close.” Roger Ebert called it one of the worst movies of 1999. Continue reading the main story When “Superbabies: Baby Geniuses 2” wrapped, so did the […]

The New York Stock Exchange is planning a direct challenge to its smaller rival IEX with a “speed bump” at one of its trading venues, in the latest example of ways that participants in the world’s largest equity market are experimenting with speed. NYSE intends to apply to regulators to allow a delay of 350 microseconds to trades on its NYSE MKT exchange for small and mid-cap […]

By Julia Edwards Ainsley | WASHINGTON WASHINGTON President Donald Trump was to start signing directives on Wednesday to begin building a wall along the U.S. border with Mexico and crack down on U.S. cities that shield illegal immigrants, moving quickly on sweeping and divisive plans to curb immigration and boost national security. The Republican president is also expected to take steps in the coming days to curb […]

Donald Trump is pressing ahead with his controversial border security measures in his first week in office, including his plan to build a wall along the US-Mexico border. Mr Trump on Wednesday was expected to follow through on his signature campaign issue by ordering the government to use funds to start building the wall. He told ABC News that construction along the 2,000-mile border would begin “in […]

Dow 20,000 is here at last. No regular reader — or indeed, any sentient and sensible human being — should base any investment decision on the Dow. Its methodological flaws are irremediable. And in any case, round numbers should not matter. One brief illustration of the Dow’s primitive methodology will suffice. Just five of its stocks — Goldman Sachs, IBM, Boeing, UnitedHealth and JPMorgan Chase — account […]

HONG KONG It is a scene unlikely ever to become reality – American president Donald Trump and North Korean leader Kim Jong Un hugging and leaning in for a kiss on the bustling streets of Hong Kong. The lookalikes of the controversial leaders turned heads and prompted many giggles as they paraded down a busy shopping district to promote a Lunar New Year song on Wednesday. “Die, […]

Wednesday 14:35 GMT Overview Major global stock markets are rallying as the Dow Jones Industrial Average breaches 20,000 amid revived hopes for faster US growth. Benchmark sovereign bonds yields are rising, but oil and gold prices are moving lower despite a weaker dollar. Hot topic The “Trump trade” is back on and it has the Dow through 20,000 for the first time? The average, though a price-weighted […]

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The Dow Jones Industrial Average on Wednesday rose above 20,000 points for the first time marking a milestone for Wall Street’s venerable equity barometer as the Trump trade that stalled at the onset of 2017 resumes. The gauge of blue-chip companies climbed 0.5 per cent to 20,014 in opening trading, as US equities extended their record-setting rally that began after the presidential election in November. Investors have […]

Bloomberg has gone where MSCI feared to tread, becoming only the second major index provider to include China’s onshore markets in widely-followed benchmark indices in a move that could prompt rivals to follow suit. China is home to the world’s second-largest stock market and the third-largest bond markets, but its tight control of onshore activity has made its inclusion in flagship indices contentious, with many investors arguing […]

– Top selling agents from more than 39 GCC travel companies hosted from 16-19 January 25 January 2017 Dubai, UAE – This month Dubai welcomed over 50 delegates from across the GCC in two familiarization trips including travel and tourism industry VIPs and representatives. With the GCC contributing 24% of all visitors to Dubai from January – November 2016, it continues to be a key focus for […]

On Monday, the Australian government announced that it was establishing a new Critical Infrastructure Centre (CIC), dedicated to managing the “complex and evolving national security risks” to the nation’s critical infrastructure. The CIC’s initial focus will be on the most critical assets in the electricity, water, and ports sectors, according to a joint media release from Australia’s favourite attorney-general Senator George Brandis QC and Treasurer Scott Morrison. […]

Sean Spicer may need the Army Corps of Engineers to clean up a mini-mess created by his boss. Spicer’s second full-fledged White House briefing was notable both for the identity of the first questioner and, far more, the persistent reality of President Trump’s claim that millions of people voted illegally and robbed him of a popular vote win against Hillary Clinton. Spicer doubled down on the claim. […]

By Tetsushi Kajimoto | TOKYO TOKYO Japan’s exports rose for the first time in 15 months in December on strong sales of electronics and car parts, a positive sign for the export-reliant economy even as U.S. protectionism threatens to hurt trade across the region and dent external demand. Ministry of Finance data showed on Wednesday that exports rose 5.4 percent year-on-year in December, compared with a 1.2 […]

DUBAI // Motorists in Dubai experienced delays across the city with accidents compounding morning rush hour. The Patrol and Traffic Department said an accident on Sheikh Mohammed bin Zayed Road from the second bridge towards Dubai caused delays and congestion for motorists. Commuters were also faced with heavy traffic on Financial Centre Road towards Dubai Mall from Al Khail Road, according to @TrafficDXB. Traffic was slow moving […]

The group has close ties to House Republicans. It was founded in 2010 by former Republican Sen. Norm Coleman of Minnesota and major GOP donor Fred Malek. The current board includes both men, as well as former Republican Reps. Vin Weber of Minnesota and Tom Reynolds of New York, among others. American Action Network is affiliated with a super PAC, the Congressional Leadership Fund. Both groups share […]

Leading above-the-neck protection PPE manufacturer outlines its global re-launch at Intersec and commitment to driving safety standards the region 24 January, 2017, Dubai, UAE: Centurion, world leaders in above-the-neck protection, have today officially unveiled a major global rebrand and focus on the Middle East at the Intersec trade fair in Dubai. This follows news of Centurion putting in place manufacturing tools to mould products for the region […]

Investors are signalling a stronger US economy and the risk of rising inflation under the Trump administration, as robust price gains for precious and industrial metals have this month spurred a rise in miners’ shares. MSCI’s ACWI Metals & Mining index, a broad barometer that tracks companies around the world, has rallied nearly 15 per cent in 2017, the strongest year-to-date showing in more than a decade, […]

President Donald Trump has quickly moved to reverse another of Barack Obama’s signature policies, backing two multibillion-dollar oil pipeline projects that became test cases for Washington’s commitment to addressing climate change. Mr Trump said the Keystone XL and Dakota Access pipelines would help to meet his campaign promise of producing new blue-collar jobs at home, insisting that any portions built in the US would have to use […]

By Steve Holland and Valerie Volcovici | WASHINGTON WASHINGTON U.S. President Donald Trump signed two executive orders on Tuesday to move forward with construction of the controversial Keystone XL and Dakota Access oil pipelines, rolling back key Obama administration environmental policies in favor of expanding energy infrastructure. While oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to […]

Of the many quandaries investors must grapple with this year, high on their list is Donald Trump’s relationship with Vladimir Putin. Not far behind is this — should they throw off their instinctive caution about Russia and its president, and push the rouble a lot higher? The turnround in the Russian rouble’s fortunes largely reflects the recovery in the price of oil, the country’s biggest export. That […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. A fashionista friend in the White House press corps answered this lingering question after Sean Spicer’s much-anticipated first briefing: What exactly was the glaring color of that jacket worn by Kellyanne Conway? “Tomato?” she guessed. Well, it was especially vivid […]

Authored by Paul Craig Roberts, “Racist” is the favorite epithet of the left. Every white person (except leftists) is a racist by definition. As we are defined as racists based on our skin color, I am puzzled why we are called racists a second, third, and fourth time due to specific acts, such as favoring the enforcement of immigration laws. For example, President Donald Trump says he […]

A wave of about 25 African, European and South American countries is set to join the China-led Asian Infrastructure Investment Bank this year, reinforcing Beijing’s determination to push a global agenda even as US President Donald Trump rails against the ills of economic globalisation. Jin Liqun, president of the AIIB, said on Monday that an expanded membership would help boost lending by the $100bn multilateral organisation, which […]

By Luke Baker and Matt Spetalnick | JERUSALEM/WASHINGTON JERUSALEM/WASHINGTON During the presidential campaign, Donald Trump’s team spoke often about moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. But since taking office, the contentious issue has become more nuanced and may already be moving to the backburner. In a statement issued before a first post-inauguration phone call between Trump and Israeli Prime Minister Benjamin Netanyahu […]

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