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Vijayan seeks immediate reversal of decision // Republicans Struggling To Come Out Of Nov 3 Debacle To Prepare For 2028 Prez Polls // EU challenges TikTok video rankings over harmful content loops // Recognition under the U.S. Green Building Council’s rating system confirms the 22-residence tower is on track for full certification on completion // Deemed status for high-performing aided colleges // Nexawork AI Launches Custom Software for SMEs From RM19,900.00 // Sber announces results of GigaArt AI-art festival: Nearly half a million images // Lula commits to budget discipline after election victory // Setback for Usha in Olympic body // Basheer sets Feb deadline for delayed ULCCS projects // From Seoul to Wuzhen: Korean Celebrities and Creators Spark a Water Town Slow-Living Trend // Trump directs Justice Department scrutiny of Democratic threats // Abu Dhabi property transaction value climbs 76.1 percent // Public Protests Challenge Elected Power In Europe And India // Bank of England flags sharper AI share correction risks // Trump’s Defeat In Midterm May Lead To Both Challenges And Opportunities For Indian Economy // PhotonPay Strengthens North American Regulatory Footprint with Canada’s RPAA Registration // Gulf states formalise joint railway operating framework // Houthi missile barrage damages Aramco tower in Riyadh // NIA Highlights Three Exemplary Breakthroughs from National Innovation Awards, Driving Thailand Toward a Global ‘Innovation Nation’ //

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Cheung Kong Infrastructure and Fosun International are among several Asian groups that have submitted bids for Q-Park, one of Europe’s largest parking lot operators, in a deal that could fetch more than $2.4bn. China Oceanwide, a Beijing-based conglomerate owned by a billionaire banking magnate, and Shougang Group, a state-owned Chinese steel company, also joined the first round of bidding on the Netherlands-based parking group, two people familiar […]

SEOUL South Korea and the United States agreed on Thursday to strengthen cooperation on financial sanctions against North Korea, the finance ministry in Seoul said, after Pyongyang’s latest ballistic missile test last month. U.S. Treasury Secretary Steven Mnuchin and South Korea Finance Minister Yoo Il-ho expressed “great concern” over North Korea’s Feb. 12 ballistic missile test and promised to follow through with United Nations sanctions, as well […]

A storming start for risk assets has defined the first two months of 2017, with heightened optimism on Wall Street pushing the FTSE All-World equity index into record territory. Whether the rally can be sustained in March depends on the outcome of several key events. Here is a rundown of what looms for investors during the month. US jobs data and the Federal Reserve The bullish sentiment […]

Dubai, 1st March, 2017 www.AWOK.com, one of the leading online shopping destinations in the UAE- has released some of the online shopping trends in the region in the past one year. With e-commerce being one of the strongest growing businesses in the UAE, the sector has seen some very interesting trends. Males have been highlighted as the predominant force behind ‘click and buy’; representing an overwhelming 73% […]

Just to clarify – Trump said nothing new at all – and added no detail, another major US retailer blew up, ‘hard data’ disappointed (soft surveys gained), Fed speakers were the most hawkish since Volcker, and The Dow soars 350 points to top 21,100… makes perfect sense…   Hawkish FedSpeak sent March rate-hike odds soaring over 80%…   But the probability of a rate hike is rising […]

A federal judge in Houston has thrown out a lawsuit accusing UBS Group AG of hiding fraud by its client Enron Corp from retail customers, a decision that may end a 15-year legal battle stemming from the energy company’s December 2001 bankruptcy. In a 228-page decision on Tuesday, U.S. District Judge Melinda Harmon said UBS PaineWebber brokerage customers failed to show that the Swiss bank intended to […]

Wednesday 16:30 GMT Overview Wall Street surged to another record as comments from Federal Reserve officials caused traders to boost their bets for an increase in US interest rates this month and investors celebrated a more upbeat tone from Donald Trump in his first address to Congress. In keeping with he risk-on mood that washed across financial markets around the globe, the dollar also rose and gold […]

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In investment as in life, what goes unsaid is often more important than what is said. Long-term watchers of the Federal Reserve know to look at every last word of every statement from a Fed governor — which is why a succession of Fed speeches and interviews on Monday and Tuesday were taken as doubling the chances that the central bank raises US interest rates at its […]

By Ben Stupples The chairman of the EU’s Panama Papers inquiry has slammed the U.K. Treasury’s refusal to meet with investigators, raising concern over Britain’s commitment to the high-level investigation. It was “most disappointing and regrettable that no one at the political level at HM Treasury was able or willing to meet” during the trip to London last week from the European Parliament’s Panama Papers inquiry committee, […]

The high profile event will showcase a wide range of real estate opportunities with Al Bandary Real Estate and Ezdan Real Estate amongst the top local companies exhibiting Doha, Qatar: March 01, 2017 Cityscape Qatar 2017, the largest real estate development and investment exhibition in the State of Qatar, welcomes this year a large number of leading local and international exhibitors to participate in its sixth edition, […]

OFRA, Palestinian Territories: Israeli police began removing residents and protesters on Tuesday from nine West Bank settler homes set to be demolished under a Supreme Court ruling.The homes in the Ofra settlement — a symbol of Jewish settler defiance to international concerns — were found to have been built on private Palestinian land and ordered razed by March 5.Police cleared protesters from the houses one at a […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending rose less than expected in January as the largest monthly increase in inflation in four years eroded households’ purchasing power, pointing to moderate economic growth in the first quarter. The surge in inflation raises the possibility of an interest rate increase from the Federal Reserve this month. While still below the U.S. central bank’s 2 percent target, inflation […]

DUBAI // More than Dh6 million has been paid out by a charitable foundation to settle debt owed by 25 families. The Awqaf and Minors Affairs Foundation (Amaf) gave Dh6.167 million to support families whose breadwinner passed away last year, often paying the outstanding debt or bank loans of deceased husbands or widows. The move is part of the Year of Giving and the organisation’s commitment to […]

Big reforms to rules for UK initial public offerings have been proposed by the market regulator to give investors better and earlier information, as the watchdog seeks to keep Britain “open for business” after Brexit. The Financial Conduct Authority said on Wednesday that information about a company planning an IPO should be made available sooner, and to a wider range of analysts and investors. The FCA warned that […]

The US dollar and global bond yields rose on Wednesday as investors focused on expectations that the Federal Reserve wants to raise interest rates this month, in the absence of specific policy details from Donald Trump’s first speech to Congress. The dollar index — a measure of the reserve currency against its main peers — rose 0.5 per cent to its highest level in more than a […]

01 March 2017 The global Islamic financial community has recognized the innovative and development impact made by the Hashemite Kingdom of Jordan’s inaugural local currency Sukuk. At a lavish ceremony on February 28 2017 in Dubai, Jordan emerged as the winner of IFN “Sovereign Deal of the Year 2016” award. In addition to this global award, Jordan was a global runner-up for two award categories: “Ijarah & Sukuk […]

As if Uber’s woes couldn’t get any more taxing than it currently is. The company is dealing with extremely controversial sexual harassment allegations, being sued by Google over allegedly stolen designs, and now it has to deal with another controversy altogether, this time of its CEO, Travis Kalanick, arguing — with harsh words, no less — with an Uber driver in a video caught by the car’s dashcam. Travis […]

Australia’s corporate world has been warned that executives must disclose workplace romances or risk censure and financial penalties, following a decision by QBE Insurance to slash the pay of its chief executive over an affair.  This week the insurer’s board cut A$550,000 (US$420,000) from the short-term bonus awarded to John Neal because he failed to notify them in a timely manner of a relationship he was having […]

Wednesday 09:30 GMT Overview The dollar and government bond yields are jumping, and gold is falling, as hawkish comments from Federal Reserve officials cause traders to drastically shorten the odds of an increase in US interest rates this month. Meanwhile, US equity index futures point to another record on Wall Street, tracking gains in Europe and Asia, after Donald Trump addressed Congress for the first time, with […]

UK government The UK government has outlined plans for a post-Brexit digital strategy to move technology to the heart of the country. On Wednesday, the government announced the launch of the Digital Strategy, which promises to place “skills, infrastructure and innovation” at the forefront to support “Britain’s world-leading digital economy.” The government claims over four million free digital skills training courses will be created through the scheme. […]

Shortly after breaking the Panama Papers, an international exclusive that shed light on illegal offshore banking around the globe, the International Consortium of Investigative Journalists should have been riding high. Instead, the scrappy cross-border investigative team was facing the dreary prospect of laying staffers off due to a financial squeeze at its parent organization, the Center for Public Integrity. “I did feel a little deflated,” said Gerard […]

Stocks pared gains and the US dollar initially eased as President Donald Trump’s first address to Congress failed to provide the policy details that markets wanted — and analysts let rip with their disappointment. “We needed him to be a leader. We needed him to give us direction. That is where he let investors down this evening,” said Paul Christopher, head global market strategist for Wells Fargo […]

Just under 70 minutes, 4,825 words, and the message was clear – the speech was about “will” and “Americans” Additionally “Obamacare” was mentioned 5 times, “Historic” was mentioned 3 times, and “massive” twice. .. I am here tonight to deliver a message of unity and strength, and it is a message deeply delivered from my heart. #JointAddress — President Trump (@POTUS) March 1, 2017 President Trump got […]

March 1, 2017 by: Nicole Bullock in New York and Hannah Kuchler in San Francisco Investor interest in shares in the owner of the Snapchat messaging app is likely to ensure enough demand to price its initial public offering above the range set by the company, according to people with knowledge of the deal. The shares could price at $17-$18 a piece compared with the range set […]

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Just in:
AutoSwift secures close to A$10 million from Singapore’s X Star Technology to scale AI WINGMAN // Trump directs Justice Department scrutiny of Democratic threats // PhotonPay Strengthens North American Regulatory Footprint with Canada’s RPAA Registration // From Seoul to Wuzhen: Korean Celebrities and Creators Spark a Water Town Slow-Living Trend // UAE non-oil trade climbs to AED 2.945 trillion // Nexawork AI Launches Custom Software for SMEs From RM19,900.00 // Basheer sets Feb deadline for delayed ULCCS projects // Houthi missile barrage damages Aramco tower in Riyadh // Bank of England flags sharper AI share correction risks // Rubio rejects prospect of imminent Iran peace breakthrough // Satheesan resists Anil as new state Cong chief // Abu Dhabi property transaction value climbs 76.1 percent // BJP leader condemns cyber attacks over Mammootty wedding visit // Deemed status for high-performing aided colleges // Gulf states formalise joint railway operating framework // Vijayan seeks immediate reversal of decision // NIA Highlights Three Exemplary Breakthroughs from National Innovation Awards, Driving Thailand Toward a Global ‘Innovation Nation’ // Vasavan alleges one-man show by CM Satheesan // BJP leader condemns cyber attacks over Mammootty wedding visit // Setback for Usha in Olympic body //