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By Alexandria Sage and Paul Lienert | LAS VEGAS LAS VEGAS Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China-backed company strives to win credibility in the crowded sector and weather its funding challenges. The “FF 91”, described by its designer Richard Kim as “weird-pretty”, is a luxury electric SUV Faraday […]

By David Brunnstrom and Arshad Mohammed | WASHINGTON WASHINGTON In three words of a tweet this week, U.S. President-elect Donald Trump vowed North Korea would never test an intercontinental ballistic missile. “It won’t happen!” Trump wrote after North Korean leader Kim Jong Un said on Sunday his nuclear-capable country was close to testing an ICBM of a kind that could someday hit the United States. Preventing such […]

SYDNEY The U.S. dollar crept nearer to 14-year peaks on Wednesday as an abundance of upbeat global economic data boosted Wall Street and signs of quickening inflation dented fixed-income debt. The strength of the U.S. currency pressured commodity prices and helped drag oil off an 18-month top, but gave Japan’s exporter-heavy stock market a fillip. The Nikkei climbed 2.1 percent, recovering from two sessions of losses as […]

East really does meet West in Zhang Yimou’s latest film, The Great Wall. An epic blockbuster in the grand tradition of the Hollywood monster movie, it plunders ancient Chinese mythology for a story set during the 11th century. The idea? That the country’s most famous landmark – the 21,196 km-long fortification that runs from Dangong to Lop Lake – was built to defend its inhabitants from ravenous beasts […]

After seven years of stock markets climbing ever upwards, investors found a new reason to buy in November: the shock election of Donald Trump. One oft-repeated anecdote is how the billionaire investor Carl Icahn left Mr Trump’s victory party to buy US stocks. A few days later Stanley Druckenmiller, who earlier in the year told a conference for fellow hedge fund managers to “get out of the […]

Chinese New Year will not come until Jan. 28, but Apple has already started announcing its promotions for the annual holiday. The first Chinese New Year promotion for this year offers customers a free Beats Solo3 wireless headphones, worth $299.95, for every purchase of select Mac and iPhone models. Apple’s First Chinese New Year 2017 Promo The first Chinese New Year promo by Apple this year was announced by […]

Your daily guide to community and cultural activities across the Emirates for January 3, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Yoga class Sign up to take part in the prana flow masterclass led by Rob Hess at Bodytree Studio. Open your mind and connect to your inner fire on this journey through […]

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For a long time, no visitors were allowed in his hospital room; the burn unit was a sterile environment. But on the morning Miller’s arm was going to be amputated, just below the elbow, a dozen friends and family members packed into a 10-foot-long corridor between the burn unit and the elevator, just to catch a glimpse of him as he was rolled to surgery. “They all […]

Last year ZDNet’s Jason Perlow was impressed with the $199 Honor 5X and now we see Huawei bringing the Honor 6X to the US with some important upgrades while keeping the price low at just $249.99. Huawei announced the Honor 6X in China on 18 October 2016 and today made the US release announcement at CES in Las Vegas. The Honor 6X packs in a lot of […]

|By Matein Khalid|“Few individuals alter the course of history. Fewer still change the map of the world. Hardly anyone creates a nation state. Mohammed Ali Jinnah did all three”. Dr. Stanley Wolpert’s words still give me goose pimples two decades after I first read his book. Mr. Jinnah founded Pakistan and was also my ancestral kinsman. I too was born in Karachi, the city by the sea, […]

LONDON Upbeat data from China helped lift global markets as 2017 trading started in earnest on Tuesday, with the dollar notching its biggest gain in three weeks, oil on a tear and European stocks setting a one-year high. Base metal prices and bond yields also advanced, as the better-than-expected factory growth in China dovetailed with higher inflation data in Europe to give investors a solid start to […]

Donald Trump is expected to tap a longtime advocate of greater protectionism as his US trade representative in yet another signal that his administration is poised to enact the aggressive trade policies he advocated during the campaign into government.  Robert Lighthizer, whose impending nomination was reported by US media on Monday, has been seen as the favourite for the trade role for weeks and has been leading […]

While 2016 was the year the unlikely became real, currency investors enter 2017 no better equipped to tell the difference between reality and illusion. Brexit and Trump made a mockery of assumptions, shredded investors’ best-laid plans and turned political risk analysts into the most in-demand advisers of the year. The two big themes of 2016 will feel palpable during the first quarter of 2017. Donald Trump takes […]

BEIJING China has tightened security regulations in Tibet’s border region to battle the risks of terrorism and ‘separatism’, the state-owned Global Times said. The move follows a call by China early in December for southwestern neighbour India to avoid complicating a simmering dispute over a visit by a senior exiled Tibetan religious leader to a border region. The two countries fought a brief border war in 1962. […]

BEIJING China’s hard work in trying to ensure the denuclearisation of the Korean peninsula is obvious to all, China’s Foreign Ministry said on Tuesday after U.S. President-elect Donald Trump said Beijing was not helping to control North Korea. Ministry spokesman Geng Shuang, speaking at a regular press briefing, also urged the United States to recognise the sensitivity of the Taiwan issue after Trump left open the possibility […]

BEIJING The Chinese capital was on the second-highest orange smog alert in the depth of winter on Tuesday as city officials said the air quality was improving overall, citing data for the whole of last year. Over the new year holiday, hundreds of flights were canceled and highways closed across northern China as average concentrations of small breathable particles known as PM2.5 soared above 500 micrograms per […]

Tuesday 05:05 GMT Overview Asian markets were in an upbeat mood in the first session for 2017, after a middling performance over the Christmas to New Year period during which Wall Street continued its retreat from recent record highs. Hot topic At the start of a new year, investors were wondering what the next 12 months would hold. Over the near term, one of the big issues […]

Venezuela has issued $5bn in new bonds to state-run Banco de Venezuela in a private placement, as it seeks cash for imports of food and medicine as the country struggles with critical shortages of basic goods. France-based Global Emerging Markets Group said it advised on structuring and executing the deal. The operation was underwritten by China’s Haitong Securities, according to two bond traders who had seen preliminary […]

Statcounter’s graph for desktop operating system market shares in the USA shows Windows 10 climbing rapidly and only just overtaking Windows 7 (yellow line). Image: Screen grab for ZDNet Installation of Microsoft’s Windows 10 slowed dramatically when the free upgrade stopped, but it has still overtaken Windows 7 in the UK and USA, on Statcounter‘s usage-based web monitoring. On Netmarketshare’s numbers, which are based on unique visitors […]

LONDON Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years. With all of Asia’s major markets closed for the New Year holiday – along with Britain and Switzerland in Europe – trade was thin, which could cause some volatility. […]

Samsung Galaxy A7 (2017) Samsung Samsung’s mid-range Galaxy A line doesn’t garner much attention in the press, but it’s slowly becoming a flagship caliber device for a fraction of the price. On Monday, Samsung announced the Galaxy A lineup – three different phones in total – are all gaining the same IP68 rating the Galaxy S7 and S7 Edge currently enjoy. The IP68 rating translates into water […]

Having drawn the ire of the mainstream press for his extensive use of Twitter in announcing major developments and policy shifts, President-elect Donald Trump will not end the “onslaught” of posts on Twitter that fed his unconventional campaign, even after taking on the formalized duties of the Oval Office later this month, as Bloomberg notes following an announcement by incoming White House press secretary Sean Spicer who […]

LONDON Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin – a web-based “cryptocurrency” that has no central authority, relying instead on thousands of computers across the world that validate transactions and add new bitcoins to the system – jumped 2.5 […]

The UAE has moved up a global list of the best destinations for expats to enjoy a successful career while Bahrain is also in the world’s top 10 places to move to. The UAE now ranks as the fourth best destination after moving up two places on 2015 in the new data released by HSBC. Bahrain, ranked 10th, fell three places compared to last year’s list, while […]

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