Boeing officials, already dismayed by Mr. Trump’s attack last week over the costs of a new Air Force One, acknowledged that the Iran jet deal still faced contingencies — a polite way of saying they were deeply worried about whether Mr. Trump and the Republican-led Congress would support it. Continue reading the main story Beyond that deal, Boeing and other companies that export jet engines, high-tech products […]
Mobile computing in 2016 was quite literally explosive, but when you look beyond the schadenfreude of watching Samsung mishandle its defining crisis of the year, the past 12 months have hardly set the world alight. The best example of the current state of affairs is the Google Pixel XL. Technically, this is the best Android phone on the market at the moment. Its 5.5-inch AMOLED screen is […]
By Caren Bohan | WASHINGTON WASHINGTON U.S. President-elect Donald Trump questioned whether the United States had to be bound by its long-standing position that Taiwan is part of “one China” and brushed aside Beijing’s concerns about his decision to accept a phone call from Taiwan’s president. “I fully understand the ‘one China’ policy, but I don’t know why we have to be bound by a ‘one China’ […]
President-elect Donald Trump on Sunday rejected as “ridiculous” a CIA report that Russia had intervened in the presidential election in order to help him win. Mr Trump called the intelligence assessment, which rocked Washington this weekend, “just another excuse” for Hillary Clinton’s surprise loss. “I don’t believe it,” he told Fox News. The interview aired shortly after a bipartisan Senate quartet called for a congressional investigation of […]
Dubai’s only listed crude shipper has announced plans for a major expansion of facilities in the northern Emirates including a new ship building and repair yard. Gulf Navigation said in a statement that it is starting studies for the expansion, known as the GNH Northern Project. The plan will include ship building, ship repair and offshore platforms, equipment and services, logistics, marine specialised operations and global mobile […]
Time to put Cortana on your iPhone or Android? Image: Microsoft Microsoft is finally making its Cortana virtual assistant available through Android and iOS apps in the UK. The Cortana iOS and Android apps launched in the US and China exactly one year ago, but the UK version features a new simplified look and feel for the apps. The idea of the app is to extend the […]
Donald Trump has picked Andrew Liveris, the chief executive of Dow Chemical, to lead his advisory council on manufacturing, giving him a connection to the new administration at a time when he is trying to secure approvals for a complex $130bn merger with DuPont. Mr Liveris previously served in a similar advisory role for President Barack Obama. At a rally in an arena in Michigan on Friday […]
Donald Trump has rejected the assessment of the US intelligence community that alleged hacking by Russia in the months before the election was aimed at helping the property mogul beat his rival Hillary Clinton. “These are the same people that said Saddam Hussein had weapons of mass destruction,” the Trump transition team said after the Washington Post reported that the CIA had concluded that Russia tried to […]
For a quick study in market blindness, look at how an obscure US fund reacts to events in a country where markets do not even exist. Nearly two years ago US president Barack Obama and Cuban president Raúl Castro jointly announced their intent to rejuvenate the diplomatic and commercial relationship between their two countries. Until that day, the Cuba closed-end fund had historically traded beneath its net […]
Photo President Recep Tayyip Erdogan of Turkey visiting the mausoleum of an Islamic scholar in Samarkand, Uzbekistan, last month. Credit Pool photo by Kayhan Ozer, via Associated Press ISTANBUL — Almost a century after the disintegration of the Ottoman Empire, Turkey’s president, Recep Tayyip Erdogan, and his supporters believe that they can restore the empire’s former glory. Stroll through the streets of any Turkish city and you […]
The Dubai Land Department is cleaning out unscrupulous real estate agents and greedy landlords in a bid to polish the emirate’s reputation as a transparent property market attractive to investors across the world. In an exclusive interview with Arabian Business, Ali Abdulla Al Ali, director of the Dubai Land Department’s (DLD) real estate licensing division, says several new initiatives introduced this year are already showing benefits. Al […]
Submitted by Nomi Prins via TomDispatch.com, Given his cabinet picks so far, it’s reasonable to assume that The Donald finds hanging out with anyone who isn’t a billionaire (or at least a multimillionaire) a drag. What would there be to talk about if you left the Machiavellian class and its exploits for the company of the sort of normal folk you can rouse at a rally? It’s […]
By Jeff Mason | WASHINGTON WASHINGTON U.S. President Barack Obama has ordered intelligence agencies to review cyber attacks and foreign intervention into the 2016 election and deliver a report before he leaves office on Jan. 20, the White House said on Friday. In October, the U.S. government formally accused Russia of a campaign of cyber attacks against Democratic Party organizations ahead of the Nov. 8 presidential election, […]
Your daily guide to community and cultural activities across the Emirates for December 10, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Film screenings Enjoy two films as part of the Cinema Space screenings at Manarat Al Saadiyat. Tales of the Night is a 2011 family-friendly animated film by Michel Ocelot that tells six […]
Sharjah Commerce and Tourism Development Authority (SCTDA) is targeting the arrival of 200,000 Chinese visitors to the emirate by 2021. Khalid Jasim Al Midfa, chairman of SCTDA, said that China is a major international source market for tourism and commerce. Hotels in Sharjah welcomed more than 75,000 Chinese visitors during the first three quarters of 2016, a 75 percent year on year growth, he said. “Through taking […]
By David Lawder | WASHINGTON WASHINGTON President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry’s battles with China, signaling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for its exports and barriers to imports. Led by Wilbur Ross, a billionaire steel investor and Trump’s nominee for commerce secretary, Dan DiMicco, the former CEO of steelmaker Nucor […]
Barack Obama has ordered US intelligence agencies to conduct a “full review” of alleged Russian hacking into this year’s election and to issue a report before he leaves office next month. Lisa Monaco, White House counter-terrorism adviser, said that the review, which would be sent to Congress but which might not be made public, would look at both what happened during the election and would consider “some […]
Oman Air has announced that it intends to make its first foray into China on Friday, as part of plans to expand its global network and fleet. The national carrier said in a statement that it plans to start operating flights from its hub in Muscat to Guangzhou, China, from December 9. The airline said the launch of the new route is in response to “significant customer […]
Submitted by Charles Hugh-Smith via OfTwoMinds blog, Sorry, U.S. Census Bureau, I.R.S. and St. Louis Federal Reserve – you’re issuing “Russian propaganda” according to The Washington Post’s shoddy “fake news” methodology. In case you missed it, The Washington Post’s criminally careless publishing of “fake news” about purported “Russian propaganda” created a backlash–and the Post’s attorney-approved bleating to sidestep responsibility for publishing “fake news” failed to calm the […]
What are Australia’s policy options for responding to the internet threats of 2022? This question was explored in the 360° Cyber Game conducted jointly by RAND Corporation and the National Security College (NSC) at the Australian National University (ANU) in Canberra on Thursday. RAND has conducted two of these games before, in Washington DC and in Silicon Valley, and has written up the methodology and results in […]
FRANKFURT German semiconductor chipmaking machinery company Aixtron (AIXGn.DE) is considering reducing the size of the business with a partial sale, its chief executive said in an interview published on Friday, opening the door for bidders after a deal with a Chinese firm collapsed. “There are two options: First, we could hope that the markets for our products recover and continue investing high sums in new equipment. But […]
COLOMBO, Sri Lanka—Sri Lanka’s heavily indebted government signed an agreement in principle on Thursday to sell an 80% stake in a deep-water port on the nation’s southern coast, close to one of the world’s busiest sea lanes, to a Chinese state-owned company, senior officials said. Under the deal, a copy of which was reviewed by The Wall Street Journal, China Merchants Port Holdings Co. would pay about […]
Friday 06:00 GMT Overview Markets across Asia were mostly higher as investors reflected on record highs for Wall Street and the European Central Bank’s decision to tweak its asset purchase programme. European bourses are expected to open little changed, with spreadbetters predicting the UK’s FTSE 100 will be flat at 6,932 and Germany’s Dax to add 7 points to 11,186. US index futures suggest the S&P 500 […]
Bayern, as ever, is in the vanguard. In recent years, it has become a commercial juggernaut. It rakes in more money from commercial activity than any other club in the world, apart from the Qatari-backed Paris Saint-Germain, and it has established satellite offices in New York and Shanghai to press its interests far from its home base in Bavaria. That success, and that reach, are sources of […]
