Hundreds of men and women with limited access to proper hospitals, medical insurance or awareness were tested and screened for breast cancer as the Pink Caravan came to a close yesterday. The 7th Pink Caravan ride, the breast cancer campaign, held its final event at Zayed Sports City in the capital with a seven-kilometre walk to raise awareness of the topic. The 10-day trek, themed Seven Years […]
AIG’s outgoing chief executive Peter Hancock is in line for a $5m payment on top of his regular pay deal, part of an exit package that the insurer said was “consistent with a termination without cause”. The disclosure comes a week after AIG rocked the insurance sector when the company said its chief was leaving after less than three years at the helm following a series of […]
“At this particular time, its purpose was to host this meeting of very senior people in Al Qaeda,” Captain Davis said. Officials emphasized that widely recognized military guidelines allow sites to be targeted for attacks based on what they are being used for at a given moment — and not on their general purpose or even typical use. Continue reading the main story Mohamed Ibrahim, who lives […]
Mulesoft, a software “unicorn”, gained 46 per cent in its trading debut in New York on Friday, the latest in a number of hot listings that are reviving the US market for initial public offerings. Mulesoft rose to $24.75 after pricing at $17, giving the IPO the best first-day “pop” this year, according to Dealogic. The performance follows recent first-day gains from Canada Goose, the maker of […]
Humans, especially Americans, are kind of slobs. We mess up the Earth by throwing out about 4.5 pounds of garbage per person on average every day. Two-thirds of that waste could be composted, but isn’t. And half of the rest of it could be recycled, according to research from the Duke Nicholas School of the Environment, corroborated by studies from the Global Footprint Network and others. Now, […]
Modcloth was founded in 2002 in Pittsburgh by Susan Koger. Walmart is buying Modcloth, an online retailer known for its vintage and geek-chic fashion designed to a range of female body types. Financial terms were not disclosed, but Walmart said it acquired Modcloth’s assets and operations and that the deal has already closed. Modcloth was founded in 2002 in Pittsburgh by Susan Koger, then a student at […]
BEIRUT The head of the Syrian Kurdish YPG militia said a U.S.-backed assault to drive Islamic State from its de-facto capital Raqqa would begin at the start of April and the YPG would be taking part, despite fierce opposition from neighbouring Turkey. A spokesman for the U.S. Pentagon said no decision had been made yet on the Raqqa offensive, which is part of a two pronged attempt […]
ABU DHABI // The UAE and Brazil signed three accords during Sheikh Abdullah bin Zayed’s state visit to South American country on Thursday. Two agreements – one on air transport service and another on visa wavers for holders of ordinary passports – as well as one on reciprocal visa exemption for holders of diplomatic, special, official and service passports were signed by the Minister of Foreign Affairs […]
Jeroen Dijsselbloem, the Dutch finance minister who served as the eurozone’s chief dealmaker during some of the bloc’s biggest crises, may become a high-profile casualty of his national elections, with his Labour party unlikely to remain in government after losing three-quarters of its seats. The drubbing means Mr Dijsselbloem, who has served as eurogroup president for more than four years, may have to relinquish the post before […]
Photo Egyptian workers excavate a statue in Cairo last week. The colossus, originally believed to represent Ramses II, is now thought to be a statue of Psamtik I. Credit Khaled Desouki/Agence France-Presse — Getty Images CAIRO — The pharaonic statue that was discovered in a Cairo slum last week, believed to depict to Ramses II, one of ancient Egypt’s best known rulers, most likely is of a […]
By John Davison and Ahmed Rasheed | MOSUL, Iraq/BAGHDAD MOSUL, Iraq/BAGHDAD Iraqi forces battling Islamic State in Mosul edged into the Old City and around the al Nuri mosque on Friday trying to seal off a main road to prevent militants sending in suicide bombers to attack their positions. Troops are meeting fierce resistance as militants retreat into the Old City, where street fighting is expected in […]
Photo Some of the Somali migrants who died, in the Red Sea port of Al Hudaydah, Yemen, on Friday. Credit Abduljabbar Zeyad/Reuters SANA, Yemen — More than 30 Somali migrants in a vessel off Yemen were killed on Friday in what Yemeni security officials said was an airstrike by a Saudi-led military coalition. Joel Millman, a spokesman for the International Organization for Migration in Geneva, said that […]
Bob Diamond, the former Barclays chief executive, has teamed up with the investment vehicle of the Qatari royal family to launch a bid for Panmure Gordon, the lossmaking stock broker and investment bank. Panmure, whose name dates back more than 140 years, is suffering like many mid-cap brokers from a number of structural challenges, including increased regulation, fewer deals and lower corporate retainers. The deal may be […]
By Sijia Jiang | HONG KONG HONG KONG Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property less than a year after buying it from Yahoo Inc, sources said, in what is the latest effort by the firm to ride out a cash crunch. LeEco, one of China’s most ambitious companies that grew from a Netflix-like video website to a business empire […]
The parkas that have made it to the top of Mount Everest and the cover of Sports Illustrated’s swimsuit edition have found their way to Wall Street. Shares of Canada Goose, the maker of down winter coats with coyote fur trim and a circle patch logo, soared in their New York debut on Thursday, rising 26 per cent to $16.08 after pricing at $12.78 a piece, above […]
Katherine Pace, CEO of children’s lifestyle tech startup Elanation, believes that while children are born “digital natives”, the more they are handed iPads, computers, mobile phones, wearables, and smart garments, the more cases of childhood obesity and digital depression or addiction emerge. In response, Pace and her co-founder Aimee Atkins decided to build a suite of technology products for kids, with a health-focused twist on the usual […]
By Simon Lewis and Wa Lone | SITTWE, Myanmar SITTWE, Myanmar Since security forces swept into their villages in northwestern Myanmar late last year, around 75,000 Rohingya Muslims have fled across the nearby border to Bangladesh. Many now fear that the authorities in Myanmar could make their displacement permanent. At least once a year, local administrators go house-to-house in the Rohingya villages of northern Rakhine State, lining […]
From lush landscapes to buzzing cities, Vietnam is designed to dazzle. Few countries have changed so much in so little time. This intrepid corner of Southeast Asia has persevered through colonialism, communism, war and poverty, and like the proverbial phoenix, has risen again to claim top spots on countless bucket lists. Prepare for sensory overload. Though it has not forgotten its past, Vietnam has come roaring into […]
Underlying net profit up 7.3%, driven by continued margin expansion Aamal Company Board recommends a cash dividend of 6% (QAR 0.60 a share) Doha, 15 March 2017 The Board of Directors of Aamal Company QPSC (“Aamal”), one of the GCC’s fastest growing diversified companies, today announces the financial results for the year ended 31 December 2016 Financial Highlights Group revenue marginally down, by 1.8%, to QAR 2,829.1m […]
NEW YORK Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should “use the strength” in U.S. stocks to take profits and diversify in overseas markets. “I am surprised with the relentless nature” of equities after the election of U.S. President Donald Trump, Gundlach said on CNBC. Gundlach, who oversees more than $101 billion […]
BEIRUT Two suicide bomb attacks killed at least 31 people and wounded dozens more in Damascus on Wednesday, state media reported, in the second such spate of bombings in the Syrian capital in five days. The first suicide bomber targeted the Palace of Justice, the main courthouse in central Damascus near the Old City. Justice Minister Najem al-Ahmad told reporters the initial death toll was 31, mostly […]
By Andrea Shalal | BERLIN BERLIN The German government is reserving the right to ban Turkish politicians from campaigning in Germany, Chancellor Angela Merkel’s chief of staff said in an interview published on Wednesday, adding it would be a last resort. Turkish President Tayyip Erdogan’s drive for support among Turks living abroad for the April 16 referendum to expand his powers has caused deep strains between Ankara […]
Eon, the German utility, recorded a net loss of €16bn for 2016 — the largest in his history — and unveiled ambitious measures to reduce debt by €7bn through asset sales and cutting 1,300 jobs. The loss reflected impairments on Uniper, the new fossil fuel power company spun out of Eon last year, as well as payments Eon is having to make into a new state fund to cover the […]
|By Arabian Post Staff| Kuwait announced it has successfully issued its inaugural dual-tranche $8 billion bond offering into the international debt markets. Notes due in 2022 (the five-year bonds) and for the value of $ 3.5 billion and notes due in 2027 (the 10-year bonds) for the value of $ 4.5 billion. The five-year bond was successfully priced on March 13 2017 at a yield of 2.887%, the 10-year bond […]
