logo

News related to
Capital

WASHINGTON Feb 28 U.S. economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment. Gross domestic product increased at a 1.9 percent annual rate, the Commerce Department said on Tuesday in its second estimate for the fourth quarter, confirming the estimate published last month. Output increased at a 3.5 percent rate in the third […]

Tuesday 12:30 GMT Overview Global stocks are finishing a positive month on a mixed note as traders appear cautious about making fresh bold bets ahead of Donald Trump’s speech to a joint sitting of the US Congress later on Tuesday. The dollar is fairly steady, while gains for perceived haven assets such as Treasuries and the Japanese yen speak to the underlying tentative tone. Hot topic The […]

By Tom Miles and John Irish | GENEVA GENEVA Russian Deputy Foreign Minister Gennady Gatilov said on Tuesday that a U.N. Security Council resolution put forward by Western powers to punish Syria’s government over its alleged use of chemical weapons would harm peace talks in Geneva. The resolution, which comes amid U.N.-led peace talks between the warring Syrian parties, seeks to ban the supply of helicopters to […]

BISHKEK Russia is confident it will be able to resolve a series of disputes with Belarus, President Vladimir Putin said on Tuesday, referring to disagreements over a joint border and energy deliveries. “I am sure we will be able to find a way out,” Putin told a news conference in Bishkek, the capital of Kyrgyzstan, after meeting his Kyrgyz counterpart Almazbek Atambayev. Earlier this month, Belarus accused […]

February in Romania has brought 27 consecutive days of protests against the current government, at a scale unmatched since the Revolution in 1989. In a record day, more than 600,000 people gathered in the capital’s Victory Square and around the country to overturn a decision by the current ruling party to decriminalize some acts of corruption and abuse of office. This decision was especially self-serving given the […]

BEIJING China plans to target broad money supply growth of around 12 percent in 2017, slightly lower than last year’s goal, policy sources said, signaling a bid to contain debt risks while keeping growth on track. Under its new “prudent and neutral” policy, the People’s Bank of China (PBOC) has adopted a modest tightening bias in a bid to cool torrid credit expansion, though it is treading […]

ABU DHABI // Mostly sunny skies and warmer temperatures are expected on Tuesday as the country’s wintery spell ends. Forecasters reported mist in Ras Al Khaimah and areas around the capital in the morning which quickly cleared. Despite sunny skies, light to moderate winds will keep conditions cool. Temperatures will range between 14°C and 26°C along the coast, 12°C and 28°C inland and 6°C to 19°C in […]

Advertisements

The fact that farm incomes have come under increasing pressure over the past couple of years should come as little surprise to our readers (for those who missed our latest update, see: “Midwest Farm Bubble Continues Collapse As Farm Incomes Expected To Crash In 2017“).  Unfortunately, at least according to Bank of America’s Global Ag Chemical team led by Steve Byrne, farmers shouldn’t expect a reprieve any […]

SoftBank is leading efforts to consolidate the space technology sector with talks to merge OneWeb, the US satellite start-up it backs, with Intelsat, one of the world’s largest commercial satellite operators. Bonds sold by Intelsat surged on Monday after it was reported that the deeply indebted satellite operator was nearing a deal with SoftBank to merge with OneWeb, which raised $1.2bn from the Japanese group and other investors in December. […]

Chinese companies have borrowed more money from the international bond market than from domestic investors so far this year, breaking with tradition as authorities in Beijing focus on curbing capital outflows. Banks and other corporate borrowers have been quietly encouraged to raise money offshore in other currencies, limiting the need for Chinese companies to sell renminbi to finance overseas investments. Borrowing more outside the mainland also allows […]

BANJUL Gambian President Adama Barrow replaced the heads of the army and the prisons system, both considered pillars of his predecessor’s repressive government, officials said on Monday. The moves were the latest in a series of personnel changes by Barrow, who is seeking to assert his control following the end of Yahya Jammeh’s 22-year rule. Jammeh fled into exile last month after refusing to accept his election […]

By Yara Abi Nader and John Irish | GENEVA GENEVA The main opposition group at Syrian peace talks in Geneva wants to meet Russian envoys to discuss what it says are Moscow’s broken ceasefire promises, a move diplomats say aims to put pressure on the Russian-backed Syrian government delegation. Russia has sought to revive diplomacy since its air force helped the Syrian army and allied militias defeat […]

When Turkey’s children returned to school in September, there was something new on the curriculum: a week-by-week syllabus, mandated by the minister of education, celebrating what many call Turkey’s “second revolution”. Course materials included two slickly produced patriotic videos laced with references to President Recep Tayyip Erdogan’s success in putting down the attempted coup on July 15. The first opens with an image of Mustafa Kemal Ataturk, […]

The Center for Public Integrity officially announced the spinoff of The International Consortium of Investigative Journalists (ICIJ) today.  “We’re intensely proud of the success of the consortium and also proud to have birthed it, nurtured it and sustained it for nearly two decades,”  said John Dunbar, chief executive officer of the Center for Public Integrity. “We wish them nothing but continued success.” The ICIJ has tremendous momentum and […]

27 February 2017 Dubai, UAE: The global food industry needs to make fundamental shifts in its operations to advance food safety worldwide, the Global Halal Industry Platform held in Dubai today has heard. The Platform, organised by the Emirates Authority for Standardisation and Meteorogy (ESMA) and part of the educational programme of Gulfood, the world’s largest annual food event running at Dubai World Trade Centre (DWTC) until […]

The UAE is coming of age in the health and fitness arena and this is particularly evident in not only the types of gyms and fitness centres that are opening, but the range of classes on offer too. No longer are fitness fans limited to the below-par gym in their apartment tower or the international chain at their nearest mall. Here’s a roundup of luxurious, unique and […]

In recent weeks, Mauricio Macri, Argentina’s president, has faced a storm of criticism. After failing to condemn an official who offended many when he played down the gravity of Argentina’s military dictatorship, he is now accused of favouritism towards his father’s company in negotiations over the repayment of a $300m debt to the state after a botched privatisation of the post office in the 1990s.  But however politically tone […]

By Stephanie Nebehay and John Irish | GENEVA GENEVA Syrian activists called on Sunday for the Assad government to engage in serious talks on political transition and for the United Nations to strengthen the fragile ceasefire as violence engulfed parts of the country. U.N. mediator Staffan de Mistura said a militant attack in Homs on Saturday was a deliberate attempt to wreck the Geneva peace talks, while […]

Here are the big questions for investors and markets this week. Will investors like what they hear from President Trump? Mr Trump will address a joint session of Congress on Tuesday (it’s not officially a State of the Union) and with US equities in record territory, investors are very much focused on tax reform and other fiscal measures. Here’s where the Trump trade — based on the […]

By Trevor Hunnicutt and Jonathan Stempel | NEW YORK NEW YORK Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc (BRKa.N) shareholders, delivered a black eye to the investment industry on Saturday, urging ordinary investors to buy plain-vanilla index funds. “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap […]

Video Airstrikes in Syria More than 30 people were killed Saturday in attacks on two Syrian security offices in the central city of Homs. In Douma, on the eastern outskirts of the capital, Damascus, men evacuated children from the rubble of destroyed buildings after a reported government airstrike. By REUTERS and THE ASSOCIATED PRESS. Photo by Sameer Al-Doumy/Agence France-Presse — Getty Images. Watch in Times Video » […]

o Food consumption in the GCC to expand at a 4.2 per cent from 48.1 million MT in 2016 to 59.2 million MT in 2021 o Consumers spending Dh250 worth of Prestige cookware/kitchenware products is guaranteed of winning something back! 26 February 2017o Food import bill is expected to have crossed US29.17 billion in 2016 o UAE’s packaged food import bill reached US$4.3 billion in […]

KABUL, Afghanistan — At least 10 police officers and the wife of a police commander were killed in an ambush by Islamic State militants in the northern province of Zawzjan, a provincial official said on Saturday. Mohammad Reza Ghafori, a spokesman for the Zawzjan provincial governor, said that the police officers were ambushed Friday as they left a mosque. The wife of the police commander heard about […]

A couple of days ago, the New York Times wrote a story that aims to explain why Snap founders Evan Spiegel and Bobby Murphy have retained such a hold on voting power in the company — power that its shareholders will not enjoy. It’s a great account and wonderfully written by a reporter I respect greatly. But I don’t quite buy it. According to four sources who spoke to the Times, […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Dubai Future District Fund and Buimerc formalise cooperation // DEWA and Dell pursue stronger digital utility infrastructure // Democratic Congress threatens Trump-era cryptocurrency policy gains // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time // Coca-Cola bottling holding company submits share sale prospectus // UAE forecast to lead solar output per person // Vijayan accuses CM of being evasive // Bail refused to Kochi sex assault accused // ADIA subsidiary seeks $7.5 billion private investment financing // Herzog selects Eisenkot for Israeli coalition negotiations // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences // Burnham pledges British solidarity after deadly Krakow shooting // UAE Coast Guard evacuates 22 from burning cargo vessel // Alphabet’s Malaysia investment sharpens focus on AI spending // Greens back Sreedharan plan // Binance appoints Justin Yek as finance chief after theft // SoftBank and ABB weigh separating Chinese robotics operations // ADNEC Abu Dhabi secures regional MICE venue honour // BJP’s Counter Rallies To “Expose” Rahul Gandhi, Reveals The Weakness Of The Party // Hyperliquid Strategies pursues US futures registration through subsidiary //