By Liana B. Baker and Jessica DiNapoli U.S. brand management company Iconix Brand Group Inc (ICON.O) is exploring a sale of its majority stake in Peanuts Worldwide LLC, which owns the rights to cartoon strip characters Snoopy and Charlie Brown, according to people familiar with the matter. The move sent shares of Iconix up more than 5 percent. It comes three months after U.S. insurance company MetLife […]
Apple has reportedly sold more iPhone 7 Plus models than the iPhone 7 during the 2016 December quarter. The company is expected to release its financial results for the fourth quarter soon and analysts estimate that the company has managed to sell 78 million iPhones in the December quarter. This is a 4 percent increase in sales, when compared to the same period in 2015. The trend is an unusual […]
The great Trump reflation story, which points to strong equities, weak bonds and a highly valued dollar, is by now thoroughly entrenched in the minds of global investors. Not without reason. But when conviction is near-universal in markets it makes sense to ponder what investors might be missing. For my money the most likely flaw in this narrative relates to the cost of protectionist policies. There is […]
By Tom Allard and Agustinus Beo Da Costa | JAKARTA JAKARTA Indonesian police will block a rally in Jakarta next month led by the hardline Islamic Defenders Front (FPI) if the group intends to make it political just days before an election for city governor that has raised religious tension. The FPI has led two rallies over the past year targeting the ethnic Chinese, Christian Jakarta governor, […]
BEIJING China’s second aircraft carrier is “taking shape” after two years and nine months of construction, local media reported, a move likely to further unnerve Taiwan and other neighbours about Beijing’s growing military assertiveness. Construction of The Shandong, named after a province in China’s east coast, began in 2014, the APP of Shandong television and radio said in a report seen on Tuesday. The Shandong, China’s first […]
Your daily guide to community and cultural activities across the Emirates for January 31, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Fitness offer Bodytree Studio will celebrate Valentine’s Day throughout February with Bring a Buddy to Bodytree, which offers two-for-one prices for drop-in classes, including all morning yoga classes, from Sundays to Thursdays […]
European, Asian stocks and S&P futures all drop after traders were left with a sour taste from the potential fallout of Donald Trump’s order halting some immigration and ahead of central bank decisions from the U.S. and Japan. Markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam are all shut due to the Lunar New Year public holiday, leading to a quiet Asian session. Oil […]
This artist rendering provided by Airbus shows a vehicle in their flying car project, Vahana. Even before George Jetson entranced kids with his flying car, people dreamed of soaring above traffic congestion. Inventors and entrepreneurs have tried and failed to make the dream a reality, but that may be changing. Nearly a dozen companies around the globe, some of them with deep pockets like Airbus, are working […]
London Business School’s leading thinkers give us their views on the challenges and opportunities that businesses will encounter in 2017. Disruptive opportunities “2017 will be the year of disruption,” says Costas Markides, professor of strategy and entrepreneurship and executive education faculty director. “Every industry will be affected by some kind of discontinuity or disruption – whether it’s the invasion of new business models or the arrival of […]
Chinese real estate investment abroad rose by more than half last year to a new high, highlighting the potentially disruptive impact of tighter capital controls imposed late in the year to discourage outbound money flows. Overseas investment from China in residential, commercial and industrial property totalled $33bn in 2016, up 53 per cent from a year earlier, according to global real estate group JLL, as Chinese buyers snapped […]
Times LIVE Most of 31 on board missing Malaysian boat reported rescuedU.S. News & World ReportKUALA LUMPUR, Malaysia (AP) — Twenty-five, mostly Chinese tourists, were rescued Sunday after spending more than a day drifting in Malaysian waters after their boat sank, officials said. Six of the 31 people on board were still missing Sunday evening, …Two crew from Malaysian boat carrying 31 Chinese reach safetyCP24 Toronto’s Breaking News23 […]
KUALA LUMPUR A boat carrying 31 people, including 28 Chinese tourists, is missing off the coast of Borneo, Malaysian maritime authorities said on Sunday. The boat left Kota Kinabalu, the capital of Malaysia’s eastern Sabah state, at about 9 a.m. (0100 GMT) on Saturday bound for the popular tourist spot of Mengalum island, officials said. It was reported missing at about 9.50 p.m. after failing to arrive […]
Your daily guide to community and cultural activities across the Emirates for January 29, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Craft market Attend the Shopping Soirée and find quality, handmade crafts and gift items from local vendors featuring jewellery, home decor, clothing, toys, baby products, skincare, furniture, handbags and more. Today, 10am […]
BEIJING Residents of China’s capital awoke on Saturday to dense, choking smog after many set off a barrage of fireworks overnight to ring in the Lunar New Year, despite limits and public admonitions against such displays in the congested city. The Beijing Municipal Environmental Protection Bureau said harmful particulate matter in the air had hit the second-highest level in five years by Saturday morning, the state-owned China […]
In The Art of the Deal, Donald Trump described hyperbole as an “innocent form of exaggeration” that was a “very effective form of promotion”. In an interview with ABC News on Wednesday, the US president stretched this definition to the limit with his claim that he would make relations with Mexico “better than ever”, despite his demand that the country pays billions of dollars for a border […]
Your daily guide to community and cultural activities across the Emirates for January 28, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Outdoor market Attend the Abu Dhabi PopUp Festival hosted by La Loupe, featuring shopping stalls from more than 60 UAE-based vendors, food trucks, henna, music, a kids’ corner with activities including a […]
(Image: CBSNews.com) With the Trans-Pacific Partnership (TPP) having been dumped by new United States President Donald Trump on his first week in office, the question remains as to whether the remaining signatories will attempt to push through the deal by themselves or with China’s aid — or whether they will instead use a Chinese-led deal. The TPP, signed by its 12 member states in February 2016, was […]
Your daily guide to community and cultural activities across the Emirates for January 27, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Outdoor market Check out the Marhaba Market at Deerfields Mall, where you’ll find family fun and entertainment, as well as 30 exhibitors offering fresh produce, flowers and plants, plus art, handicrafts, fashion […]
BEIJING A Chinese court on Thursday set free a woman who had been jailed for three-and-a-half years for illegal ownership of guns used in a balloon-shooting game, a case that sparked anger over what many people see as the uncompromising application of the law. China strictly controls gun ownership and gun crime is rare. Zhao Chunhua was sentenced last month after police determined six of the guns […]
By Muyu Xu and Ryan Woo | BEIJING BEIJING As millions in China head home to celebrate the Lunar New Year holiday with their families, 24-year-old Luoluo is busy answering messages on a mobile app from desperate men looking to hire an instant girlfriend whom they can present to mom and dad. On visits home during the holiday, which kicks off on Friday, single people are often […]
|By Matein Khalid| The election of a Manhattan property developer and (failed) casino owner as President of the United State has not been positive for most American real estate investment trusts (REIT’s). The sharp rise in US interest rates since the election and the Federal Reserve’s vigilance against inflation risk hits this classic “bond proxy” sector, with its reliance on leverage to boost investor returns. In addition, […]
By Elaine Lies and Kwiyeon Ha | TOKYO TOKYO A Japanese hotel chain at the centre of a furore over books its president wrote denying the Nanjing Massacre in wartime China is prepared to consider removing the books from at least some hotels if it receives a formal written request to do so. Tokyo-based hotel and real estate developer APA Group came under fire last week for […]
BEIJING China may be testing a new, long-range air-to-air missile that could take out early warning aircraft and aerial refuelling aircraft, a state-run newspaper said on Thursday, after pictures of the new missile surfaced online. President Xi Jinping is overseeing an ambitious military modernisation programme that includes stealth jets and aircraft carriers. The country has also tested anti-satellite missiles. The official China Daily said the People’s Liberation […]
China is progressing well and stands on the same starting point as other economic powers in the quantum computing arena, but local organisations still fall behind their western counterparts in research experience. China in recent years had begun investing in quantum technology, initiating several national projects in quantum communications and computation. And it seemed likely to continue its investment in future, said Andrew Yao, a Turing Award […]
