Authored by Finian Cunningha, via The Strategic Culture Foundation, There was a time when Russophobia served as an effective form of population control – used by the American ruling class in particular to command the general US population into patriotic loyalty. Not any longer. Now, Russophobia is a sign of weakness, of desperate implosion among the US ruling class from their own rotten, internal decay. This propaganda […]
ABU DHABI // About 50 Emiratis are in long-term care centres in the capital, and many are unable to care for themselves and will stay in a rehabilitation centre for the rest of their lives. Expatriates who are injured in accidents are repatriated because they have little insurance coverage after losing their jobs. Some patients in long-term care are in a coma, while others are attached to […]
Your daily guide to community and cultural activities across the Emirates for March 25, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Dubai Art exhibition Capturing the […]
Alteryx, the data analytics company, went public on the New York Stock Exchange today, marking the third IPO of the year. The company priced its IPO yesterday at $14 per share, and closed Friday at $15.50, or 10.7% higher. Alteryx works with clients like Amazon, Ford and Coca-Cola to help them better assess what products are selling and where there are market inefficiencies. CEO Dean Stoecker touted a […]
HONG KONG — Middle-class mainlander Laura Zhang found the idea of owning a home overseas irresistible after being bombarded by commercials for an affordable project “near Singapore”. The Forest City project in the southern Malaysian state of Johor, the subject of the advertisement, is being developed by Country Garden, China’s third-largest home builder. Ms Zhang said she was told that a flat in Forest City, the developer’s […]
Aldar Properties has announced further details of its current investment programme to include mid-market residential, hospitality and retail assets on Yas Island and Reem Island. The developer said in a statement that they amount to a total of AED1.9 billion ($520 million) and follow the AED1.1 billion already invested in the Daman House acquisition, Al Jimi Mall extension, Al Mamoura school and Repton school. All projects announced […]
Shares in one of China’s largest dairy groups plunged more than 90 per cent on the Hong Kong stock exchange on Friday, knocking $4.1bn from its market capitalisation. China Huishan Dairy Holdings was granted a trading suspension after its shares saw one of the biggest drops in the exchange’s history, cutting its market capitalisation from $4.85bn to $750m and likely causing paper losses for investors including BlackRock and Vanguard. Hong Kong’s bourse […]
DHAKA A suicide bomber blew himself up at a security checkpoint near Bangladesh’s international airport on Friday, police said, the second such incident in a week. A young man set off a bomb in front of a police checkpoint and killed himself, police official Ruhul Amin said. No other casualties were reported. The attacker could not be identified immediately. Police have cordoned off the area. The latest […]
AMSTERDAM A team of executives from U.S. paint maker PPG (PPG.N) left the Netherlands on Friday without meeting their counterparts at Akzo Nobel during a two-day charm offensive to win support for their proposed takeover of their Dutch rival. PPG’s public relations blitz followed Akzo’s rejection of a March 20 takeover offer, a decision which has raised protests from shareholders who say the U.S. company’s bid deserves […]
ABU DHABI and AL AIN // Hospital staff are witnessing an unprecedented number of patients with significant brain injuries as reckless driving and a culture of speeding takes its toll on the health service and the lives of young motorists. Surgeons said they were seeing up to 20 patients a day with substantial brain trauma in the emirate of Abu Dhabi alone. Of those, in 80 per […]
The highest-end Nokia 6 Arte Black is among the phones set for a global rollout. Image: HMD Global HMD Global has confirmed it will launch its Nokia Android handsets to the US and the rest of the world in the second quarter. The company said on its Twitter account today that its new Android handsets and one feature phone will launch worldwide between April and June. The […]
By Pavel Polityuk and Alessandra Prentice | AVDIYIVKA/KIEV AVDIYIVKA/KIEV Ukrainian government troops and separatist fighters have drawn closer to each other at several places along the tense front line in eastern Ukraine, monitors say, raising the risk of violent flare-ups that could wreck a shaky ceasefire. At some points, the sides have drawn within shouting distance of each other. The Organisation for Security and Cooperation in Europe, […]
Abu Dhabi investment firm Waha Capital is in talks with potential partners in Saudi Arabia as it looks to diversify investment in some key sectors outside the United Arab Emirates (UAE), its chairman said. Saudi Arabia is opening its economy to foreign investment as part of its 2030 vision whereby the Middle Eastern country will rely less on oil and create more jobs for its citizens. Waha […]
By Farah Master and Venus Wu | HONG KONG HONG KONG As visitors sip champagne at Hong Kong’s Art Basel event this week and take selfies with replicas of deceased leaders Fidel Castro and Mao Zedong, a more urgent issue is rumbling through dealers exhibiting – how big an impact China’s capital controls will be in the coming year. Over the past six months, Chinese buyers have […]
Democrats criticised Donald Trump’s choice to run the Securities and Exchange Commission on Thursday, saying that Jay Clayton, a veteran securities lawyer, is too deeply entangled with Wall Street to be an effective markets cop. SEC ethics rules will require Mr Clayton, a partner with Sullivan & Cromwell in New York, to recuse himself for two years from enforcement actions involving his former clients or anyone represented […]
President Trump’s proposed budget for 2018 isn’t following public sentiment, a new survey finds. The survey, by the University of Maryland’s Program for Public Consultation (PPC), found that while Trump has proposed a $54 billion boost to federal spending for the military, a majority of Americans prefer a cut of $41 billion. While Trump has proposed a $2.8 billion increase for homeland security, a majority of Americans […]
The wheels on America’s tech IPO train continue to turn. Enterprise data analytics firm Alteryx, the next tech firm in line to go public, has priced its shares at $14 ahead of its listing on the New York Stock Exchange tomorrow (Friday). That pricing — which comes in at the top of the firm’s range — will see Alteryx, which is listing under AYX symbol, raise $126 million from the nine […]
23 March 2017 BisB announced that its Annual General Meeting has approved all items in its meeting agenda, in its meeting held in Bahrain Bourse’s Hall at Bahrain Financial Harbor Building at 10:00 am on Thursday 23rd March 2017. After ascertaining that meeting quorum has been satisfied with (86.9%) of the shareholders in attendance, Dr. Esam Abdulla Fakhro, Chairman of the Board of Directors of Bahrain Islamic […]
Federal investigators are looking at whether the $81 million stolen from a Bangladesh central bank account at the Federal Reserve Bank of New York last year has links to North Korea. This is due to similarities in the code used in the online heist and in an earlier breach of Sony Pictures, according to two insiders quoted by Bloomberg and who asked to remain unidentified since the […]
US stock funds suffered their largest redemptions since the Brexit vote in June as Donald Trump’s push to reform healthcare floundered ahead of an expected vote in Congress in the biggest test yet of his young presidency. The quarrel among Republicans over the politically charged healthcare legislation has increased market volatility and flamed investor fears that the US president may struggle to pass tax reforms later this […]
By Marco Aquino | CARAPONGO, Peru CARAPONGO, Peru Between rows of plastic tents on the outskirts of Lima, Martha Llanos takes her ration of rice and chicken alongside thousands of others who have been forced from their homes by the worst flooding to hit Peru in decades. The 43-year-old mother of three said she was less worried about the loss of her makeshift home in the destitute […]
In almost any other part of the world, a friendly, on-camera hug between two senior politicians at a public event would have raised no eyebrows. But in the febrile atmosphere of a Hong Kong bracing itself for the “election” of its fourth chief executive since the former British colony was handed back to China in 1997, Tung Chee-hwa’s embrace of Carrie Lam during a public ceremony in […]
By Jane Chung and Geert De Clercq | SEOUL/PARIS SEOUL/PARIS South Korea’s KEPCO (015760.KS), the likeliest suitor for Toshiba Corp’s (6502.T) troubled nuclear business, is holding off from making an approach because of question marks over the scale of damage at the unit and political uncertainty in both South Korea and the United States, people with direct knowledge of the matter say. Japanese TV-to-rail conglomerate Toshiba has […]
BlackRock and Pimco are refusing to take part in the first bond sale by a Portuguese bank in more than a year, because of a legal battle with the country’s central bank over losses sustained in 2015. Caixa Geral de Depósitos, the state-owned Portuguese bank, is this week courting investors in London and Paris, as it seeks to sell a €500m subordinated bond, in what would be […]
