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. So when President Trump raised the white flag on Obamacare Friday, did he pick up the phone and gave the exclusive to Breitbart, The Daily Caller or LifeZette? Nope. He called reporters at The Washington Post and The New York […]
The Australian government’s National Broadband Network (NBN) company is linking up rural residents to satellite services even where towns have existing fixed-line communications infrastructure, according to the Northern Territory government, which has also criticised the installation delays, service dropouts, and usage caps on the service. “The Australian government’s current position is that areas outside the major cities and towns, including all remote communities in the Northern Territory, […]
BEIRUT: US-backed Kurdish-Arab alliance on Sunday entered a military airport held by Daesh in northern Syria while the militant group warned the Tabqa dam is at imminent risk of collapse because of airstrikes and increased water levels.The advance by Syrian Democratic Forces (SDF) on Tabqa airbase comes as the alliance prepares an attack on Daesh’s de facto Syrian capital Raqqa, seeking to effectively surround the city before […]
By Ron Bousso and Ernest Scheyder | LONDON/HOUSTON LONDON/HOUSTON Royal Dutch Shell Plc (RDSa.L) and Anadarko Petroleum Corp (APC.N) may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive. The divorce and re-parceling of acreage would let each company drill and develop new wells at its own pace […]
The buzz phrase on the ground at Fashion Forward this season was that of ‘see now, buy now’. To debate the finer points of the trend, which allows customers to purchase collections straight after they debut on the runway, FFWD staged a panel discussion during its three-day stint at Dubai Design District, which ended on Saturday. Sharing their thoughts with a packed room of press, buyers and […]
China has eclipsed Singapore as the biggest source of investment in Malaysian real estate, as soaring domestic property prices push mainland investors to hunt for bargains abroad. Chinese groups have invested more than $2.1bn in Malaysian real estate over the past three years, compared with $985m invested by Singaporean companies between 2014 and 2016, according to figures from Real Capital Analytics based on completed transactions of $10m […]
The federal government has tasked Innovation and Science Australia (ISA) with developing a plan that will put Australia in a position as a leading “innovation nation” by 2030. In its 2030 Strategic Plan Issues paper, the independent body charged with researching, planning, and advising the government on all science, research, and innovation matters highlighted six challenges it sees as central to shaping the strategy, with one placing […]
26 March 2017 Dubai, UAE – Rotana, one of the leading hotel management companies in the Middle East, Africa, South Asia and Eastern Europe, today signed an agreement with RSG International, a UAE-based global conglomerate, with interests in the property development, automotive and industrial equipment sectors across the Middle East, North America and South Asia, for a new five star hotel and serviced apartment project in Dubai, […]
Anodot team Image: Supplied Business intelligence comes down to the ability to identify and analyse issues based on a series of variables. While data analysts are adept at identifying issues they have been trained to look for, it is just as important to account for the so-called “unknown unknowns” — the issues that analysts don’t know about or wouldn’t think about investigating — before they escalate into […]
26 March 2017 Rebrand to emphasize unique integrated structure Open D Group reinforces position as a global expert in efficient retail and brand focussed solutions with a shopper approach Open D Group, Retail Access and Sparkle, the award winning retail and branding design agencies, have today announced their rebrand to ODG to implement a simpler, cleaner, agile and integrated organization to deliver its expertise in Intelligence, Branding, […]
By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, driven by the energy sector, bucking a slowdown in the broader economy. The Federal Reserve last week described business investment […]
BEIRUT: At least 16 civilians were killed and dozens wounded on Saturday in an airstrike on an opposition-held area outside Syria’s capital Damascus, the Syrian Observatory for Human Rights monitor said. It said it was not immediately clear who was responsible for the strike on the town Hammuriyeh in the opposition bastion of Eastern Ghouta.“Sixteen civilians, including a child, were killed and around 50 others wounded in […]
ABU DHABI // UAE airlines on Saturday begun implementing the US ban on taking electronic devices aboard their airliners. The ban affected direct flights to the United States from Abu Dhabi and Dubai airports after an announcement last week by US authorities on a ban on all electronics larger than a standard smartphone on flights from eight countries in the Middle East in response to a terrorist […]
A Bahraini appeals court has sentenced three people to death over bombings that targeted police patrols in a majority-Shiite village, the state-run news agency reported. Seventeen people were found guilty of various charges linked to the formation of a “dangerous terrorist cell that manufactured improvised explosives used against police” in the village of Kurayat west of the capital Manama, the Bahrain News Agency said. The agency said […]
By Alastair Macdonald and Jan Strupczewski | ROME ROME Europeans must contain their squabbling and carping about the EU if the Union is to survive, leaders warned on Saturday as they marked the 60th anniversary of its founding in Rome by signing a formal declaration of unity. Four days before Prime Minister Theresa May, absent from the ceremony in the Italian capital, delivers an unprecedented blow to […]
Apartment rental rates in Dubai saw minor increases in February, while there was significant fluctuation in Abu Dhabi rents, according to a new report. Real estate website Bayut said that with the addition of new units over the past few months, the market is becoming more affordable for both buyers and renters. According to Bayut.com, the average rent in Dubai rose from AED114,000 to AED115,000 last mohth […]
ANKARA Turkey’s foreign ministry summoned Switzerland’s deputy ambassador to Ankara on Saturday over a protest in the Swiss capital Bern against President Tayyip Erdogan, the state-run Anadolu agency reported, Anadolu said some 250 people, including supporters of the outlawed Kurdistan Workers Party (PKK), staged a rally earlier on Saturday in Bern calling for a ‘No’ vote in an April referendum in Turkey that could give Erdogan sweeping […]
Authored by Johnny Hopkins via The Aquirer’s Multiple blog, One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies and insight into the economy, and in 2011 he published the book The Most […]
KINSHASA Militia fighters decapitated about 40 police officers after an ambush in central Democratic Republic of Congo, local officials said on Saturday, the deadliest attack on security forces since an insurgency erupted in the region last year. The Kamuina Nsapu militants struck on Friday as the police convoy drove from the city of Tshikapa in Kasai province to Kananga, the capital of Kasai-Central province, said Francois Madila […]
A Saudi soldier was killed by a missile fired by rebels in Yemen that struck a military base near the border, the interior ministry said on Friday. The missile was launched late Thursday from a rebel-controlled area in Yemen and hit a base in Dhahran South, killing border guard Atallah Yassine Al-Anzi, according to a statement carried by Saudi Arabia’s official news agency. Saudi Arabia intercepted a […]
ABU DHABI // The countdown to the Special Olympics World Games Abu Dhabi 2019 officially began in the early hours of Saturday morning as the Winter Games came to a close in Austria. The capital won the bid to host the 2019 Games last year after the board of directors unanimously voted in Abu Dhabi’s favour. The event will be the region’s first sporting event for athletes […]
Like an old vinyl record with a well-worn groove, the needle skipping merrily back to the same track over and over again, we repeat: Today’s markets are dangerously overpriced. Being market fundamentalists who don’t believe it’s possible to simply print prosperity out of thin air, we’ve been deeply skeptical of the financial markets ever since the central banks began their highly interventionist policies. Since 2009, they have […]
A rush by emerging market governments to sell debt before the US Federal Reserve further raises interest rates this year has propelled issuance in Asia to record levels since the start of January, new data shows. Swelled by a $3bn Indonesian bond launched on Thursday, the total value of sovereign bonds sold in Asia, excluding Japan, reached $8.2bn in the year so far, up from $6.5bn in […]
BEIJING An operation platform collapsed at a power plant in China on Saturday, killing nine people and injuring two, the official Xinhua news agency reported. The accident, in the southern province of Guangdong, happened at the No. 7 Thermal Power Plant in the provincial capital, Guangzhou, Xinhua said, citing sources with the local government. The plant is still under construction. The government has launched an investigation. Accidents […]
