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Bail in risk – €4 Trillion Italian banking system at risk as referendum looms Sunday according to Financial Times Concerns of multiple bank failures – Eight banks at risk of failure and bail ins Monte dei Paschi di Siena, third largest by assets and mid-sized banks Popolare di Vicenza, Veneto Banca and Carige and four smaller banks Italy’s banks have €360 billion of problem loans Contagion poses risks to Unicredit, […]

Syria’s Foreign Ministry on Monday denounced comments by Qatar that it will continue to back rebels against Syrian President Bashar al-Assad as merely an attempt “to raise the morale of the terrorist groups” in the face of army advances. Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani told Reuters in an interview on Sunday that Doha would continue to arm Syrian rebel groups even if US President-elect […]

newslide Young drummer recognised by Metallica A 10-year-old drummer from Philadelphia in the United States is receiving high praise for his cover of a Metallica song that featured on the heavy metal band’s Instagram page on the weekend. Daniel Krilov has been playing drums for just two years, but that didn’t stop him from responding to the band’s request for fans to send video of themselves covering […]

In this video, we take a closer look at how Battlefield 1’s graphics compare between the MSI GS73VR gaming laptop and the PS4. Which one do you think looks better? MSI GS73VR Specs:CPU: Intel Core i7-6700HQ ProcessorVGA: NVIDIA GeForce GTX 1060 / 6GB GDDR5HDD: 2TB+256GB SSDRAM: DDR4 16GB(8GB*2) Like MSI’s Facebook page to stay up to date with the latest news about the laptops you love: https://www.facebook.com/MSIMEA/ […]

Imposing a tax on the remittances and incomes of expats in the Gulf will lead to negative consequences, as foreigners make up 90 percent of the region’s private sector workforce, the International Monetary Fund (IMF) has warned. The proposed application of a 5 percent tax, under review in several GCC countries, would result in 0.3 percent ($4.2 billion) hit on marginal revenue of the region’s GDP, Arab […]

28 November 2016 Manama, Kingdom of Bahrain: The Shari’ah Board of AAOIFI held its meeting No. 46 from 17 to 19 November 2016 in the Kingdom of Bahrain. Over more than 25 meeting hours, the board discussed specific issues and reviewed a number of technical and Shari’ah reports. The meeting was concluded with issuance of a number of resolutions as well as the adoption of two new […]

Given its enormity, India offers an array of local specialities. From clothing and gemstones to handicrafts and fabrics, every region has its own retail identity. One of the benefits of visiting Delhi, its capital city, is that it eloquently showcases a cross section of the country’s regional specialities, and over the past decade, the ancient city has grown rapidly beyond the exquisite and conventional to include whimsical […]

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Pokemon Sun: Battling Team Skull Boss Guzma (Video Videos) Pokemon Sun: Battling Team Skull Boss Guzma We take on the biggest bad in the Team Skull ranks in Pokemon Sun. HOME Videos Ad Source link

Volkswagen signed a deal on Sunday to assemble cars in Algeria in a joint venture with its local car importer SOVAC, aiming for a production capacity of more than 100 vehicles per day from June 2017, VW and Algerian officials said. The cars will be assembled at a $170 million plant in the western province of Relizane, Algerian Industry Minister Abdesselam Bouchouareb said at a signing ceremony […]

Industry eyes opportunity to reinvest at higher yields and leave low rate era behind ©Noam Galai/WireImage/Getty Donald Trump may be just what the global insurance industry needs. Shares in several of the sector’s largest companies have outperformed the market strongly since the US election, on hopes that a prolonged squeeze on their returns is finally drawing to a close. Years of ultra-low rates have eaten away at […]

Photo The Crewe Alexandra sports academy. Barry Bennell, a former youth soccer coach who has been accused of molesting young players, once worked for the Crewe club. Credit Phil Noble/Reuters England’s Football Association, which remained largely silent for almost two weeks as former players came forward with accusations of sexual abuse by coaches in the country’s soccer development system, announced Sunday that it was broadening an internal […]

TOKYO Oil prices tumbled on Monday on fears that producer countries may fail to agree an output cut, pressuring U.S. stocks and the dollar as traders reversed their “Trumpflation” trade as weak oil prices would reduce pressure on U.S. interest rates to rise. That gave some relief to Asian shares, which had underperformed on worries about capital flight to higher-yielding U.S markets in the weeks since Donald […]

Masdar Institute students’ blueprint for an integrated rapid transit system features choice of express or normal services to suit every pocket, and online ticketing and route planning to keep bookings simple. ABU DHABI // Imagine hopping on to a city bus knowing it will make fewer stops to your destination, and remove the stress from your morning travel. Or how about being able to plan the entire […]

Your daily guide to community and cultural activities across the Emirates for November 28, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Film screening Catch a screening of City of God as part of the Cinema Space series at Manarat Al Saadiyat. The Brazilian 2002 film about crime and redemption is based on a […]

The Magnificent 7 stars also directs this adaptation of the August Wilson play. Viola Davis co-stars. Source link

This image from NASA’s Juno spacecraft provides a never-before-seen perspective on Jupiter’s south pole. Source link

Germany’s Nico Rosberg won his first Formula One world championship on Sunday after finishing second in a tense Abu Dhabi Grand Prix won by Mercedes team mate Lewis Hamilton After all the suspense and expectation, the race saw Hamilton chalking up his 10th win of the season, and fourth in a row, but powerless to do anything about the championship outcome despite making every effort. His attempt […]

Photo Browns quarterback Josh McCown (13) being sacked by Giants defensive end Jason Pierre-Paul during the fourth quarter. The Giants’ defense finished with seven sacks and eight tackles for a loss. Credit Gregory Shamus/Getty Images CLEVELAND — Like pushing on an open door, the Giants handled the winless Cleveland Browns on Sunday afternoon, with wide receiver Odell Beckham Jr. overcoming a thumb injury early on to catch […]

In these volatile times, gold is more important than ever. Bonner & Partners’ Bill Bonner explains in this two-part series, the importance of ‘real money’ and why you need it now… Many years ago, before the invention of modern money or capitalism, people still had wealth – although limited. And they still had ways of keeping track of it. The principle of “fair trade” seems to be […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices fell over 1 percent on Monday, extending declines from last Friday as doubts re-emerged over the ability of major producers to cut output at a planned meeting on Wednesday aimed at reining in global oversupply. Brent crude futures LCOc1 were trading at $46.40 per barrel at 0035 GMT (7.35 a.m. ET), down 84 cents, or 1.8 percent, from their […]

Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and Sheikh Mohammed bin Rashid, Vice-President and Ruler of Dubai, attended the final day of the Grand Prix. Ryan Carter / Crown Prince Court – Abu Dhabi Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, attends the final day of the […]

Saudi Arabia’s energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017 even if producers did not intervene in it. Any intervention will aim to expedite the balancing process, Falih told reporters at the headquarters of national oil giant Saudi Aramco. Under a preliminary agreement reached in September in Algeria, the Organisation of the Petroleum Exporting Countries would reduce […]

It is hard to believe that less than 50 years ago, life in the UAE relied entirely on the natural environment. When you look at photographer Richard Allenby-Pratt’s images of landscapes across the country, the devastation to the fine balance of a desert ecosystem caused by modern consumptive lifestyles is heartbreaking. Shots of the Hajar Mountains in Fujairah reveal great trenches carved out for cement production. On […]

DUBAI, June 10 (Reuters) – Saudi Telecom Co (STC), the Gulf’s largest telecommunications operator by market value, said on Tuesday it had completed a 2 billion riyal ($533 million), 10-year debut sukuk issue. The issue, which was almost two times oversubscribed, carried a floating profit rate of 70 basis points over the three-month Saudi interbank offered rate , currently at 0.9525 percent. Government investors, banks, asset managers […]

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