TUNIS Several thousand Tunisians marched through central Tunis on Saturday to protest against a bill that would grant amnesty to businessmen accused of corruption when autocrat Zine El-Abidine Ben Ali was in power. Critics of the Economic Reconciliation bill say it is a step back from the spirit of Tunisia’s 2011 revolution to oust Ben Ali but government officials say it is a way get the businessmen […]
A massive global cyber attack engulfed one in five NHS trusts as some hospitals continued to ask all but emergency patients to stay away amid uncertainty over whether some non-urgent operations and appointments would go ahead next week. However, UK government officials suggested no key data had been lost from the ransomware attacks. A total of 48 trusts were hit by the cyber attack on Friday afternoon, […]
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. Washington was convulsed last night by icy nastiness, harsh language and people crying foul. Oh, that was the deciding game in a hockey playoff between the historically hard-luck Washington Capitals and Pittsburgh Penguins, just one of three major sports distractions […]
Readers are familiar with the various microwave and laser arrays located at the real New York Stock Exchange in Mahwah, New Jersey, both of which we have written about in the past. Microwave tower located next to the NYSE in Mahwah, NJ. This article, however, is not about the familiar antennas off Route 17 in New Jersey. Instead, demonstrating to what lengths the high frequency traders will […]
· Masaken to open UAE branch to explore new investment and strategic partnership opportunities · Board of Directors decides to study available investment opportunities before increasing firm’s capital 13 May 2017 Abu Dhabi, UAE – The Board of Directors of Masaken for Land and Industrial Development Projects (Masaken Capital), a company listed in Amman stock exchange, held its third meeting in 2017 on Thursday, 11 May, […]
Europe’s investment community has barely had time to breathe a sigh of relief following Emmanuel Macron’s victory in the French presidential elections before starting to fret about other latent threats to the eurozone. Some investors have hailed the election — in which Mr Macron, a pro-EU liberal defeated Marine Le Pen, the Eurosceptic rightwing candidate — as a sign that Europe’s economic recovery remains on track. This […]
Al Khozama Management Company has hired Salini Impregilo, one of the world’s largest contractors to redevelop a major retail and hospitality site in the Saudi capital of Riyadh. The SR1.1 billion ($290 million) Al Faisaliah District renovation contract will see the upgrade of Al Khozama’s retail, hospitality and commercial assets starting with the renewal of the Al Faisaliah Mall. The contract starts with a SR200 million refurbishment […]
By Gul Yusufzai | QUETTA, Pakistan QUETTA, Pakistan A bomb exploded next to a convoy of the deputy chairman of the Pakistan Senate on Friday in the violence-plagued province of Baluchistan, killing at least 25 people, officials said. Islamic State claimed responsibility for the bombing. The group’s Amaq news agency said a bomber wearing an explosive vest carried out the attack, which was condemned by a former […]
By Ahmed Kingimi | MAIDUGURI, Nigeria MAIDUGURI, Nigeria A man purporting to be a Boko Haram fighter said the Islamist militant group plans to bomb Nigeria’s capital, Abuja, in a video seen by Reuters on Saturday. “More bombs attacks are on the way, including Abuja that you feel is secured,” said the man in the video, which was obtained by Sahara Reporters, a U.S.-based journalism website, and […]
By Chris at www.CapitalistExploits.at What in God’s name is happening? It’s not a high. It’s a record high. Sweet mother of Mary… As we can see from the above chart courtesy of the FT, emerging markets sold a record amount of government debt in the first quarter of this year. More from the FT here: “Data from Dealogic, a research firm, show that sovereign bond sales from emerging markets rose […]
Greece inched closer to a return to public market finance for at least part of its Sisyphean debt burden this week, with benchmark bond yields dropping to levels seen when the country last issued new debt three years ago. Enthusiasm for the small portion of Greek debt held in private hands and available to trade followed a long-delayed agreement on fiscal and structural reform measures with European […]
NEW YORK/BOSTON Some of the biggest U.S. mutual and hedge funds, including Daniel Loeb’s Third Point and Daniel Och’s Och-Ziff Capital Management (OZM.N), owned stakes in Snap Inc (SNAP.N), parent of the wildly popular Snapchat messaging app, at the end of March, regulatory filings on Friday showed. The filings provide the first definitive snapshot on who bought Snap shares when it went public in early March, in […]
Andrew Restuccia wanted the answer to a simple question: Who was visiting the White House? After doing some digging, the Politico senior policy reporter was able to show that CEOs in the auto, energy and airline industries were among some of President Trump’s most influential guests. But when the White House announced in April that it would not publish a record of visitor logs, he decided something […]
BAKU A court in Azerbaijan on Friday supported the blocking of the websites of several media outlets critical of the government, including the Azeri service of Radio Free Europe/Radio Liberty (RFE). European institutions and rights bodies accuse the oil-producing former Soviet republic Azerbaijan and its leader, Ilham Aliyev, of tightening restrictions on the media and on people’s freedom of expression. Azeri officials deny the accusations. The ruling […]
Transitioning from college to the workplace can be daunting, but not so for Sara Alahbabi, who, with a major in visual arts, opened an art gallery in Abu Dhabi earlier this month. Located in The Galleria on Al Maryah Island, Novus Art Gallery showcases unique pieces from the likes of French sculptor Richard Orlinski and Italian mixed-media painter Marco Angelini. “The gallery houses around 30 pieces,” Alahbabi […]
May 12, 2017 by: Mark Robinson and Emma Powell, Investors Chronicle Shares in Anglo American have risen 84 per cent base-to-apex within the past 12 months, a reflection of improved commodity pricing combined with cumulative rationalisation measures. Earlier this year, it was announced that the miner’s chairman, Sir John Parker, had decided to call it a day after an eight-year tenure in which he oversaw the sale […]
May 12, 2017 IMPHAL, India – Fifteen seconds into the opening match of the 10th Manipur International Polo Tournament, after a long and feverish drumming performance, after the Manipur state chief minister had been properly honored with gifts and praise, after mounted players had paraded around the Mapal Kangjeibung polo ground with country flags held high, the home team scored on the Australians. It was a bright […]
To find out how to type better with virtual reality technology, computer scientists used a light-up virtual display, autocorrect algorithms and a physical keyboard. Credit: Kiran Udayakumar What’s better than a holographic keyboard? A real one, apparently. New research from computer scientists at Michigan Technological University delves into the different ways to type in a virtual reality (VR) space. They’re presenting their work at ACM Conference on […]
SEOUL North Korea demanded on Friday the extradition of South Korea’s spy chief, accusing him of being a mastermind of a plot to assassinate its leader, Kim Jong Un, with a biochemical weapon. The North’s KCNA state news agency last week accused the U.S. Central Intelligence Agency and South Korea’s National Intelligence Service (NIS) of a plot to assassinate its “supreme leadership” with a biochemical weapon. The […]
Profits take a hit at Entertainment One. FT Opening Quote is your early Square Mile briefing. You can sign up for the full newsletter here. Efforts to strengthen Entertainment One’s film division will hit its full-year profits by almost £50m, the company announced today, after it renegotiated one of its main distribution agreements, writes FastFT. Entertainment One is best known for producing television programmes such as Peppa […]
We recommend viewing the full-size version of today’s infographic by clicking here. Everyone knows that the U.S. Federal Government has roughly $20 trillion of debt. A question we often get, however, is who exactly owns all these treasuries? And if it’s held abroad by countries like China, what portion do they hold? Today’s infographic comes from TitleMax, and it looks at who owns U.S. debt internationally, as well as the debt […]
Reem bin Karam taps Emirati tradition and history to find her role models but a life of selflessness is hers alone and she is the example for young compatriots to follow as she shares lessons written in tears of family tragedy. SHARJAH // A life-long passion for helping others and giving back to society is what inspires Reem bin Karam go to work each day. Ms bin […]
Beijing is enjoying an unusually long run of clear blue skies thanks to widespread industrial closures ahead of the most important international event hosted by President Xi Jinping. The “New Silk Road” summit has attracted 29 national leaders from four continents and also prompted a nationwide security clampdown, as authorities try to ensure that it proceeds without a hitch. More than 80 other countries, including North and […]
Investors poured $6bn of new capital into European stock funds in the past week, underlining the voracious appetite for assets across the continent as growth accelerates, earnings recover and several of the bloc’s largest countries move past critical elections. The amount of flow in the five days to May 10 is the first time the weekly amount has passed $6bn since at least 2000 when EPFR began […]
