Submitted by Lance Roberts via RealInvestmentAdvice.com, A few week’s ago I discussed the post-election surge in the market based on rather optimistic outlooks as opposed to the technical underpinnings that currently exists. As I specially stated in the weekend newsletter entitle “Dow 20,000” the market was beginning to take on an eerily similar feeling: “If this market rally seems eerily familiar, it’s because it is. If fact, the backdrop […]
Alexa made its debut as the heart of the Amazon Echo—a family of internet-connected speakers that answer questions, run apps, and let people get weather reports or order goods on Amazon Amazon’s virtual assistant Alexa is emerging as one of the big winners at this year’s Consumer Electronics Show, cropping up in TVs, cars, fridges—you name it—in what may signal a breakthrough moment for the smart technology. […]
A round-up of major happenings in Pakistan in the last week. Pakistan Prime Minister Nawaz Sharif. Credit: PTI Panama Papers investigation After weeks of acrimony, the first day in office for new Chief Justice Mian Saqib Nisar was an unusually harmonious one, with all parties hailing the constitution of a new bench for the Panama Papers hearings that will resume on January 4. Nisar excluded himself from […]
With Formula One such big business in Abu Dhabi, it shouldn’t be any surprise that the country’s first go-kart-racing school has arrived in the capital. Hosted by Al Forsan International Sports Resort, wannabe future F1 racers can learn invaluable advice to improve technical skills and increase confidence at the school. It offers a single class or a bundle of four, teaching future drivers all they need to […]
This is the first article in our series called Cool Tools. The idea is to spotlight tools that can make your professional life easier, save you some time, or help you get more done. In this inaugural column, we focus on the $69.95 Pro Tech Toolkit from iFixit. As the accompanying video shows, most of us have lots of plastic boxes filled with tools. When it comes […]
Facebook’s new head of news partnerships will be Campbell Brown, the founding editor in chief of a nonprofit educational news site. Brown, who was previously a journalist for CNN and NBC News, will be “working directly with (Facebook’s) partners to help them understand how Facebook can expand the reach of their journalism, and contribute value to their businesses,” she wrote on Facebook Friday. Brown founded The Seventy […]
Abu Dhabi-based Mubadala Development Co is reportedly mulling plans to commit up to $15 billion to partner with a new fund to invest in global technology. Bloomberg reported that Mubadala is looking to partner with SoftBank Group Corp and Saudi Arabia’s Public Investment Fund in the SoftBank Vision Fund which is set to close in January and will be capped at $100 billion, citing people familiar with […]
Dell’s 2-in-1 Latitude 7285 Tired of having to plug a cable into your laptop to charge it? Dell’s new 2-in-1 Latitude 7285 brings wireless charging to laptops. Must read: CNET – Toss the power brick: The Latitude 7285 is Dell’s first hybrid with a wireless charging base The Latitude 7285 2-in-1 is a hybrid laptop, and one of the optional extras for the device is a wireless-charging […]
ABU DHABI // Exercise should be the first line of defence in the fight against depression after research published in the Middle East Journal of Positive Psychology hailed its benefits in releasing ‘feel good’ brain chemicals. Doctors advocate physical activity as the best remedy in many cases, but the simple solution is often overlooked in favour of medication that can be expensive and carry side effects. Restrictions […]
BEIRUT // Syrian film, television, and theatre pioneer Rafiq Sebaie – best known to audiences as Abu Sayyah after one of his long-standing roles – has died at the age of 86. Sebaie died of natural causes on Thursday. He had undergone a series of operations since breaking his hip in a fall at his home last year, Syrian state media said. Often cast in tough-guy roles, […]
Oman’s sovereign net foreign assets are forecast to fall to 28 percent of GDP by 2018 from 48.5 percent at the end of 2016 due to external debt issuance and draw-downs from wealth funds to finance budget deficits, according to Fitch Ratings. The ratings agency, which also said in a statement that the earlier sharp fall in oil and gas prices had hit Oman hard, published Oman’s […]
Something remains very broken with the US labor market: while the unemployment rate remains just shy of the lowest print since August 2007, rising fractionally to 4.7%, wage growth for most workers, as reported earlier, rose just 2.5%, far below the 4.0% it was when the unemployment rate last hit 4.7%. This continues to vex economists who have vowed that if only one lowers the unemployment rate […]
Intel Compute Card First there was the Compute Stick, Intel’s mini-computer that resembles a pack of gum. Now the chip giant is releasing a PC that’s even more diminutive than that device. The new Compute Card is even thinner than the Compute Stick, looking more like a slightly bigger, thicker credit card. It’s a mere 5mm thick, but still manages to house most of the essentials for […]
The 16-member SEA-ME-WE 5 Consortium, in which Dubai-based telco du is a stakeholder, has announced the completion of a 20,000km subsea cable infrastructure on schedule. The project is in line with the UAE National Vision 2021 and the National Agenda of sustainable environment and infrastructure, news agency WAM reported. It added the investments from du were instrumental in bringing SEA-ME-WE 5 to the UAE. South East Asia–Middle […]
It’s not exactly “Dewey defeats Truman,” but the cover of Thursday’s Express, The Washington Post’s free publication, is a doozy. The cover, which leads with the origins of this year’s Women’s March on Washington, shows people scattered into a well-known symbol. The problem? It’s the wrong symbol. Mid-morning Thursday, Express tweeted an apology: We made a mistake on our cover this morning and we’re very embarrassed. We […]
NEW DELHI // Noted Indian character actor Om Puri has died in the western city of Mumbai. He was 66. Indian prime pinister Narendra Modi and a host of leading movie stars tweeted condolence messages shortly after Puri’s death Friday morning. In a career spanning more than three decades, Puri won a slew of national awards and international fame for his work in several critically acclaimed films. […]
Photo Maqluba, a Middle Eastern dish, is an aromatic glory that requires a certain manual dexterity for its presentation. Credit Gentl and Hyers for The New York Times. Food stylist: Maggie Ruggiero. Prop stylist: Amy Wilson. “Why did you take your shoes off?” Maha Sarsour demanded as she emerged from her kitchen to greet me. I debated whether it would be better or worse to say that […]
Argentina is looking to sell up to $10bn of debt, taking advantage of calmer conditions across bond markets and a pullback in the US dollar. The year-old government of Mauricio Macri is just one of a host of other emerging markets, including Brazil, Saudi Arabia and Nigeria, all racing to raise finance soon to mitigate risks stemming from the uncertainty over the direction of US policy, with […]
Chinese internet company Baidu displays its new “Little Fish” voice-controlled home assistant unit which also features a touch screen Chinese internet colossus Baidu is out to make a splash with ‘Little Fish,’ a family robot that is a voice-controlled virtual valet akin to Amazon Echo or Google Home. Baidu showed off “Little Fish,” a translation of its Chinese name “Xiaoyu Zaijia,” on Thursday at the Consumer Electronics […]
Not even schools are safe from cybercrminals and ransomware. Image: iStock Cybercriminals are pretending to be government officials as part of a ransomware scheme which is targeting schools and demanding payments of up to £8,000 to unencrypt the locked files. Action Fraud, the UK’s fraud and cybercrime centre, and the City of London police, have issued a warning over the activity, which begins with criminals contacting the […]
Dubai Financial Market (DFM) saw its capitalisation rise by more than 12 percent during 2016 to AED337.6 billion ($91.9 billion), it has been announced. DFM’s General Index increased 12.1 percent to 3,531 points at the end of 2016 compared to 3,151 points at the end of 2015. Indices of eight out of the nine sectors featured on the DFM ended the year in the green, with the […]
Each quarter Credit Suisse’s U.S. Equity Strategy team, led by Lori Calvasina, takes a deep dive into the stock level holdings of long-only, actively managed small, SMID, mid & large cap funds to see which stocks officially qualify as the most crowded trades on wall street. While the results obviously vary across the size categories, Tech, Healthcare and Financials seemed to be recurring themes for the most […]
What with the Golden Globes, the Oscars, the Baftas and the host of other award ceremonies jamming up their calendars, it’s a wonder that the stars of stage, screen and television ever have time to act. Plus, as British comedian Ricky Gervais liked to point out on each of the four occasions he presented the annual Golden Globes ceremony in Los Angeles, watching the impossibly wealthy and […]
Three women in black niqabs covering their hair and faces skateboard down a street, their scarves and colorful dresses flowing behind them. A catchy tune with provocative lyrics — “May all men sink into oblivion” and “If only God would rid us of men” — plays as the women alternately glide on in-line skates, cruise on scooters and parade down the street in vibrant outfits, all things […]
