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There was a noticeable political subtext to the recent London Fashion Week Men’s programme, where many of the designers used their collections to comment on current international problems and controversies. One of those ­embracing a ­sociopolitical theme was Sharjah-born Khalid Al Qasimi, whose collection was inspired by John Lennon’s “Bed-In” protest in an Amsterdam Hotel in 1969. While that concept seemed a long way from topical issues […]

BERLIN German Chancellor Angela Merkel vowed on Saturday to seek compromises on issues like trade and military spending with U.S. President Donald Trump, adding she would work on preserving the important relationship between Europe and the United States. “He made his convictions clear in his inauguration speech,” Merkel said in remarks broadcast live, a day after Trump vowed to put ‘America first’. Speaking at a news conference […]

A powerful bomb blast on Saturday in a busy market of a remote Pakistani region near the Afghan border killed at least 21 people and injuring more than 40 others. The bomb was placed in a box of vegetables in a market at Parachinar city and exploded during the early morning rush hour. Responsibility for the attack was claimed by the Pakistan Talibaan and Lashkar-e-Jhangvi [LeJ], a […]

In 2015, Malian businessman and former interim prime minister Cheick Modibo Diarra told Arabian Business: “When it comes to investment…Africa really is the last frontier. Be it agriculture, energy production, extraction of gold and diamonds, or oil and gas, we have a lot of opportunities and a young workforce that understands how business works.” He was speaking at a time when interest in Africa among Middle East […]

There is no doubt that 2016 was a milestone year for utility-scale solar in the Middle East. The UAE set – and then reset – the benchmark for low-cost solar electricity; Saudi Arabia made its highest level commitment to investing in solar; and Jordan commissioned its largest utility-scale solar power plant and announced plans to tender a new round of projects. In fact, these three countries alone […]

After years of excess supply the global aluminium market may be turning a corner, as China seeks to cut capacity and the incoming Donald Trump administration ratchets up trade threats against the world’s largest producer of the lightweight metal. A glut of aluminium in recent years has decimated the US aluminium industry, where smelters were forced to shut down as Chinese imports rose. Now, after tackling excess […]

President Trump’s brief inaugural speech was a declaration of war against the entirety of the American Ruling Establishment. All of it. As Paul Craig Roberts details, Trump made it abundantly clear that Americans’ enemies are right here at home: globalists, neoliberal economists, neoconservatives and other unilateralists accustomed to imposing the US on the world and involving us in endless and expensive wars, politicians who serve the Ruling […]

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Earlier this week, Blizzard teased the upcoming Year of the Rooster event for massively popular multiplayer shooter Overwatch, which will be in celebration of the Chinese New Year. Videos that were uploaded to announce the event revealed the Jan. 24 release date and a pair of event-specific legendary skins for Mei and D.Va. A leaked advertisement for Year of the Rooster, however, might have revealed the rest of […]

By Diane Bartz and Stephen Nellis Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for “modem” chips that connect phones to wireless networks. The two […]

By Melissa Fares and Dustin Volz | WASHINGTON WASHINGTON One of the biggest cheers President Donald Trump received from supporters watching his inaugural address on Friday was his call to “buy American and hire American.” It was a moment rich in irony. Many of those supporters were sporting Trump’s trademark red “Make America Great Again” baseball caps that were made in China, Vietnam and Bangladesh. Some were horrified when […]

Friday 21:00 GMT Overview Financial markets gave a relatively muted response to Donald Trump’s inaugural speech as US president, with US stocks edging higher, Treasuries putting in mixed performances and the dollar easing back against its main rivals. Oil prices rose sharply amid hopes that producers would show compliance to a global deal to cut output. Gold initially struggled for traction but held above the $1,200 an […]

BERLIN Germany will need a new economic strategy geared toward Asia should the new U.S. administration start a trade war with China, Vice Chancellor Sigmar Gabriel said on Friday, warning against protectionism hours after President Donald Trump was sworn in. “I think we have to prepare for a rough ride,” Gabriel said in an interview with the public broadcaster ZDF, in the first official German reaction to […]

A new film that tries to marry Bollywood beats with Kung Fu moves is set to release next month. “Kung Fu Yoga,” which stars martial-arts legend Jackie Chan in the lead role and lesser known Bollywood actors Sonu Sood and Disha Patani is set for release on Feb. 3, according to the production company’s Facebook page. The film was supposed to be a full-fledged joint venture between […]

Kabir Mulchandani is a hands-on developer. While he may not be laying bricks, the SKAI Holdings CEO forwent his air-conditioned office in Downtown Dubai for an often stinking hot construction site on the Palm Jumeirah for the two years that it took for his flagship $1.2 billion hotel to be built. It was only in November that he finally walked offsite when the Viceroy Dubai Palm Jumeirah […]

Billionaire investor George Soros spoke to Bloomberg TV in Davos, and said the euphoria among stock investors since the victory of President-elect Donald Trump will end as uncertainty takes over. In an interview that may have been even gloomier than his last address to Davos in January 2016, when he said he was short the market, predicted a Chinese hard landing, and said the Fed’s hike was […]

BEIJING China National Chemical Corp, or ChemChina, said on Friday it has sought the U.S. anti-trust regulator’s approval for its planned $43 billion acquisition of Swiss crop protection and seed group Syngenta AG (SYNN.S). “We have filed an HSR Act with the FTC after good communications with the case team. We believe the U.S. anti-trust process is on track,” ChemChina said in an email, referring to the U.S. […]

TAIPEI Taiwan aspires to create a “new era” of peace with China, which should set aside the baggage of history and have positive dialogue, Taiwan President Tsai Ing-wen said in a letter to Pope Francis, adding military action cannot resolve problems. The issue of self-ruled and proudly democratic Taiwan has shot to the top of the international agenda since U.S. President-elect Donald Trump broke with decades of […]

Friday 05.10 GMT Overview Equities markets were mixed in Asian trading on Friday as the dollar ceded ground to regional currencies and China reported on-target economic growth ahead of the inauguration of US President-elect Donald Trump. Hot topic The dollar index measuring the greenback against a basket of peers fell 0.2 per cent after a two-day winning streak left it 0.8 per cent higher at Thursday’s close. […]

By Kevin Yao and Elias Glenn | BEIJING BEIJING China’s economy grew a faster-than-expected 6.8 percent in the fourth quarter, boosted by higher government spending and record bank lending, giving it a solid tailwind heading into what is expected to be a turbulent 2017. But Beijing’s decision to raise spending to meet its official growth target could exact a high price, as policymakers grapple with financial risks […]

BEIJING China asked foreign diplomats in Beijing to help “weave a cooperative network against corruption,” state media reported on Friday, as Beijing seeks greater international cooperation in Chinese President Xi Jinping’s four-year war on graft. Xi has vowed to fight deep-rooted graft at all levels of the ruling Communist Party until officials “dare not, cannot and don’t want to” be corrupt, warning that a failure to deal […]

Western Union agreed on Thursday to forfeit $586m after admitting that it violated US anti-money laundering laws by ignoring evidence that thousands of its agents were involved in sending illicit cash to criminals, including human traffickers in China and bookies in Costa Rica, the US Department of Justice announced. From 2004 to 2012, Western Union, a global money services business based in Englewood, Colorado, “processed hundreds of […]

Submitted by Peter Schiff via Euro Pacific Capital, There is much we don’t know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a Trump National Golf Course in Sochi? It’s anyone’s […]

Donald Trump has chosen Woody Johnson, the billionaire owner of the New York Jets American football team and veteran Republican political donor, as his ambassador to Britain. Speaking to Republicans at a lunch in Washington ahead of his inauguration on Friday, Mr Trump revealed that he had chosen the owner of the sports team as ambassador, as he kept his penchant for announcing appointments of his team […]

Oman Air is more than double its contribution to the country’s gross domestic product this year to OR900 million ($2.3 billion) as it seeks to continue expansion of its fleet and network. The national carrier will tell its staff at its global conference in Muscat on Thursday that it increased its GDP contribution in 2016 by 6 percent to OR415 million. The increase came in the context […]

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