YANGON Around 100 Buddhist monks and nationalists in Myanmar staged a protest against Thailand on Friday, denouncing the government of the neighbouring country for its actions against a temple that has defied orders to hand over a wanted monk. For the past week, Thai police and soldiers have surrounded the Dhammakaya temple outside the capital, Bangkok, to try to bring in the former head abbot who is […]
Should we try to time the market? And has the boom in passive investments brought any problems in its wake? The problems are linked and urgent. The move from traditional actively managed funds to passive indexed funds, which aim merely to track and index and reduce costs, continues to intensify. Meanwhile, if ever there was a point when it might seem right to time the market, and […]
By Marja Novak | LJUBLJANA LJUBLJANA Slovenia permitted same-sex marriages for the first time from Friday under a law giving gay couples largely the same rights as heterosexuals though barring them from jointly adopting children. The head of the unit in charge of weddings in Slovenia’s second largest city Maribor, Ksenija Klampfer, told Reuters the first lesbian wedding would take place there on Saturday. “We are very […]
ADEN A suicide bomber killed at least eight soldiers in an attack on a military camp in Yemen’s southern city of Zinjibar at dawn on Friday, a local official and residents said. The bomber, wearing a military uniform, drove a car that exploded at the entrance of the camp. Ten others were wounded. Yemen has been embroiled in civil war since March 2015 between the internationally recognized […]
We may be about to witness the extinction of a very rare bird indeed: the $1m Monaco home. Savills agent Irene Luke hasn’t seen one on her books for several years. “We’re selling a parking space for €190,000,” she says, “so you’re not going to get very much for a million dollars.” Luke taps at a computer, trawling through all sorts of listings the public doesn’t have […]
February 24th, 2017, Dubai, UAE International leadership coaches Dr. Marshall Goldsmith, Kate Sweetman and happiness expert Alexander Kjerulf will be among key speakers at the 12th Human Capital Forum MENA. The forum will gather HR professionals from the MENA region to discuss their latest challenges including change management, employee engagement, training & development and maintaining a high-performing workforce in a tough economic climate. The forum is taking […]
By Darren Staples and Phil Noble | STOKE-ON-TRENT/WHITEHAVEN, England STOKE-ON-TRENT/WHITEHAVEN, England Britain’s opposition Labour Party and the populist UK Independence Party suffered damaging defeats at separate parliamentary by-elections on Friday, raising serious questions about the long-term electoral prospects of both parties. Labour won the Stoke-on-Trent Central seat by a comfortable albeit reduced margin over the anti-European Union UKIP which had fielded its leader and had been hoping […]
The latest GDP numbers from the World Bank were released earlier this month, and today’s visualization from HowMuch.net breaks them down to show the relative share of the global economy for each country. As Visual Capitalist’s Jeff Desjardins explains, the full circle, known as a Voronoi Diagram, represents the entirety of the $74 trillion global economy in nominal terms. Meanwhile, each country’s segment is sized accordingly to […]
By Alexandra Alper and Noe Torres | MEXICO CITY MEXICO CITY Mexico on Thursday expressed “worry and irritation” about U.S. policies to two of President Donald Trump’s top envoys, giving a chilly reply to the new administration’s hard line on immigration, trade and security. Comments by Trump about a “military operation” to deport criminals added to the tense atmosphere, and prompted a clarification from Homeland Security chief […]
A body set up by the Saudi-led coalition to investigate civilian casualties in Yemen said on Thursday a technical fault was responsible for the death of seven people in a 2015 air strike but cleared the alliance of other attacks. Saudi Arabia and its allies in a mostly Gulf Arab military coalition have been bombing the Iran-aligned Houthi movement since they seized much of northern Yemen in […]
AirMap has raised $26 million in a Series B round led by Microsoft Ventures. The investment arms of Airbus, Qualcomm, Rakuten, Sony, and Yuneec also contributed to the round, as well as existing investors General Catalyst and Lux Capital. The latest round brings the total amount raised by the Santa Monica, California-based startup to $43.6 million. The Internet of Things 10 types of enterprise deployments As businesses […]
By James Pearson and Jack Kim | SEOUL SEOUL The bizarre assassination of North Korean leader Kim Jong Un’s estranged half-brother marks a departure from the isolated country’s repertoire of overseas operations, according to experts on its opaque ruling structures. Kim Jong Nam died last week after being assaulted at the airport in the Malaysian capital with what police believe was a fast-acting poison. The two women […]
By Tom Miles and John Irish | GENEVA GENEVA Opposing sides in the Syrian war came face-to-face in U.N. peace talks for the first time in three years on Thursday, to hear mediator Staffan de Mistura implore them to cooperate to find a way out of almost six years of war. “I ask you to work together. I know it’s not going to be easy to end […]
Rex Tillerson, US secretary of state, struck a conciliatory tone during a visit to Mexico, saying the neighbouring countries had an opportunity to upgrade their economic relationship. After meeting Mexican officials during his second mission as the top US diplomat, Mr Tillerson said the countries had agreed to “seize the opportunity to modernise and strengthen our trade and energy relationship”. His remarks came just after President Donald […]
There was so much weaponry inside that visitors got searched not just on the way in, but also on the way out. Continue reading the main story The exhibition served to promote Abu Dhabi, the capital of the United Arab Emirates, which has distinguished itself as a regional hub for international business at a time when wars and uprisings have upended other Arab states. It also provided […]
Selling pressure on French bonds ebbed on Thursday, pushing the yield on the 10-year bond back below 1 per cent, as the prospect of a centrist alliance in the country’s presidential election eased anxiety that far-right candidate Marine Le Pen will win. The decision on Wednesday by independent candidate François Bayrou not to stand in the country’s elections, and instead throw his support behind fellow centrist Emmanuel […]
BISSAU Hundreds of people marched through the capital of Guinea Bissau on Thursday demanding the departure of President Jose Mario Vaz, a day after parliament rejected a programme submitted by his prime minister. Vaz appointed Prime Minister Umaro Mokhtar Sissoco Embalo in November after months of regional talks seeking an end to an 18-month political crisis that has paralysed the institutions of the poor West African nation […]
John Podesta, the chairman of Hillary Clinton’s 2016 presidential campaign, will be a contributing columnist at The Washington Post, the newspaper announced today. “No one knows more about how Washington works, how the White House operates, and how policy ideas are translated into reality than John Podesta,” said Editorial Page Editor Fred Hiatt. “His long experience in Congress, inside two Democratic White Houses and on the front […]
The fundraising gulf over the DGA can be attributed in part to RGA support from a number of high-profile billionaires and millionaires, including hedge fund bosses Paul Singer and Kenneth Griffin, and shipping supply company owner Richard Uihlein. The largest donor to the RGA in 2016, casino magnate Sheldon Adelson and his wife, Miriam, donated more than the top six donors to the DGA combined. Many longtime […]
For the first time in nearly half a century, the prized Apollo 11 command module Columbia will leave the National Air and Space Museum and go on a four-city tour. For the next two years, it will be the star of the exhibition called “Destination Moon: The Apollo 11 Mission.” As the only piece of the spaceship that completed the first mission to bring humankind to the […]
Frank Sorrentino used to do a lot of mortgages. But since the passage of the Dodd-Frank Act seven years ago, he has mostly shied away. Rules have been tightened so far as to make home loans uneconomic, says the chairman and chief executive of ConnectOne, a bank with $3.7bn in assets based in Englewood Cliffs, New Jersey. “Community banks used to be able to cut through the […]
By Humeyra Pamuk and John Davison | ISTANBUL/BEIRUT ISTANBUL/BEIRUT Turkey-backed rebels have seized the centre of the town of al-Bab from Islamic State, Turkish state media and rebels officials said on Thursday, marking a likely breakthrough in Ankara’s drive to wipe out the militant group in northern Syria. Turkey launched its Syrian operation, dubbed “Operation Euphrates Shield”, in August in an effort to push Islamic State from […]
Axa chief executive Thomas Buberl has distanced himself from a bid for Generali’s German life insurance business. There has been speculation that the French group could play a part in any break-up process that would follow the possible acquisition of Generali by Italian bank Intesa Sanpaolo. However, speaking to the Financial Times on Thursday, Mr Buberl said that “buying a traditional life insurance business in Germany would […]
Russia is pressing world powers to provide Syria with billions of dollars for reconstruction to bolster its faltering efforts to resolve the Arab state’s six-year conflict. But European and Gulf states, angered by Russia’s military intervention that tilted the war in favour of President Bashar al-Assad, will only contribute if Moscow secures a peace settlement that sets the terms for an eventual political transition, western diplomats say. […]
