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MOSUL, Iraq Iraqi forces saw off a nighttime Islamic State counter-attack near Mosul’s main government building hours after recapturing it, a military official said on Wednesday, as troops sought to push the militants further back. The Islamic State fighters had used several car bombs in the assault, Major General Ali Kadhem al-Lami of the Federal Police’s Fifth Division told a Reuters correspondent near the site. “Today we’re […]

US-based Hyperloop One on Tuesday put the cost of traffic congestion between Dubai and Abu Dhabi at almost $800 million in lost working hours. Nearly 4,000 vehicles travel on the Dubai-Abu Dhabi highway every day as majority of the people, who work in the UAE capital, reside in Dubai which offers cheaper housing options. “Reducing this commute to 12 minutes opens a whole new realm of options,” […]

ABU DHABI// A new 2.4-kilometre canal on Reem Island is undergoing final testing before opening next month. Developer Aldar Properties said commissioning work on the project is well under way ahead of the scheduled flooding in April. The canal, which is crossed by 10 bridges, runs through the Shams development and features landscaping with 450 trees, covering an area of 46,000 square metres. “Shams is becoming one […]

by March 7, 2017, 11:46 AM EST Royal Bank of Canada closed accounts of about 40 clients and bolstered tax compliance following a review of offshore accounts tied to last year’s leak of records from a Panama law firm. “The review is completed,” J-F Courville, chief operating officer of Royal Bank’s wealth-management unit, said in an interview. “We found out we have a business with good controls, […]

SAN DIEGO Major aircraft leasing companies have offered a lukewarm response to proposals by Boeing to build a bigger version of its 737 MAX family to counter the Airbus A321neo. Boeing has begun offering the model code-named 737 MAX 10X to airlines, saying it would be the most efficient single-aisle jetliner in the business – a claim disputed by Airbus. Steven Udvar-Hazy, executive chairman of Air Lease, […]

The two Fortune 500 companies, International Business Machines corp. (IBM) and Salesforce, have agreed to integrate their artificial intelligence platforms and some of their software and service components. As part of the deal, Salesforce customers could make use of the data from IBM’s Watson artificial intelligence platforms whereas IBM would be deploying Salesforce Service Cloud for internal use, more or less a sign of good will. The […]

A fusion reactor is essentially a magnetic bottle containing the same processes that occur in the sun. Deuterium and tritium fuels fuse to form a vapor of helium ions, neutrons and heat. As this hot, ionized gas — called plasma — burns, that heat is transferred to water to make steam to turn turbines that generate electricity. The superheated plasma poses a constant threat to the reactor […]

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Hey, it’s boss week here at Local Edition. This week, we’re going to spend a little time with a Florida editor who doesn’t fit many molds (started as a designer, doesn’t care for sandy beaches, etc.) As a reminder, this is week three in our four-week conversation about why we’re still in journalism. (You can subscribe here.) Hang around after the boss talk for a peek at […]

Shanghai is regarded as the leading hub outside of Silicon Valley for technology innovations for the next four years, according to a KPMG report released on Monday. The report, claiming to reflect the viewpoints of over 800 global technology business leaders, placed Shanghai, New York, Tokyo, Beijing, and London in the first five places. The report explained that Shanghai became the top pick outside of Silicon Valley […]

DUBAI – March 7, 2017 Hotpack Packaging Industries, a leading producer and wholesaler of quality disposable food packaging materials in the UAE, has recently announced an investment of GBP 50 million to develop a facility in Wrexham – Wales, England. The facility will be equipped with the latest in packaging and manufacturing technologies. The announcement was made when Ms. Lesley Griffiths, Welsh Government Cabinet Secretary for Environment […]

Banks have structured some unusual and complex deals for European companies to raise capital through a combination of debt and equity derivatives in recent weeks, reflecting investor enthusiasm for convertible securities. Last week BASF launched a $600m bond bundled with warrants, in a so-called neutral structure which effectively makes the chemicals group a middleman between its investors and its banks.  The deal, put together by Deutsche Bank, […]

Via Patrick Buchanan via Buchanan.org, At Mar-a-Lago this weekend President Donald Trump was filled “with fury” says The Washington Post, “mad — steaming, raging, mad.” Early Saturday the fuming president exploded with this tweet: “Terrible! Just found out that Obama had my ‘wires tapped’ in Trump Tower just before the victory. Nothing found. This is McCarthyism!” The president has reason to be enraged. For what is afoot […]

As Abdelmonem Alserkal tours his latest architectural commission, his pristine white kandura stands in contrast to the monochrome building that broods in Alserkal Avenue – the warehouse creative community he has brought to life in Dubai’s industrial neighbourhood of Al Quoz. A muted study in steel, small mirrors, translucent polycarbonate and sprayed, shot-blast and polished concrete, the new venue is the latest milestone in Alserkal Avenue’s decade-long […]

By Isabel Coles and John Davison | MOSUL, Iraq MOSUL, Iraq Iraqi forces on Tuesday recaptured the main government building in Mosul, the central bank branch and the museum where three years ago the militants filmed themselves destroying priceless statues. A Rapid Response team stormed the Nineveh governorate complex in an overnight raid that lasted more than an hour, killing dozens of Islamic State fighters, spokesman Lieutenant […]

WASHINGTON WikiLeaks said on Tuesday it had obtained a top-secret trove of hacking tools used by the CIA to break into phones, communication apps and other electronic devices, and released documents related to those programs. If verified, the information would amount to yet another stunning breach of classified material stolen in recent years from U.S. intelligence agencies. WikiLeaks, the anti-secrecy organization led by Julian Assange, said its […]

Thousands of documents said to be from the CIA’s Center for Cyber Intelligence, a senior elite hacking unit within the US intelligence agency, have been leaked. The documents, released Tuesday by the website WikiLeaks, could not be immediately verified, but as the Associated Press noted, the website has a long track record of releasing classified government documents. WikiLeaks said that the documents span 2013 to the end […]

MOSUL, Iraq: Crawl through a labyrinth of narrow tunnels in near total darkness and suddenly they appear: two great winged bulls dating from the Assyrian empire found intact under the ground of Mosul.But as fighting rages to evict the Daesh group from the main city in northern Iraq, it will be a race against time to save the archaeological treasures uncovered in the tunnels.The jihadists dug the […]

I still remember August 2, 1990, like it was yesterday. It was a Thursday, and I was awoken at 6.30am by a friend whose extended family were ­Kuwaiti. He told me that his brother-in-law was claiming that there were Iraqi troops in Kuwait City, and that he could hear gunfire and explosions. Like everybody else, I spent the weekend oscillating between shock, anger and fear. What did […]

Photo Iraqis fleeing their homes on Tuesday as government forces fought Islamic State militants in western Mosul. Credit Suhaib Salem/Reuters BAGHDAD — Iraqi forces trying to reclaim Mosul penetrated the western part of the city on Tuesday, retaking a bridge and several public buildings during heavy clashes with the Islamic State, officials said. Civilians reported that the bombardment and gunfire were the heaviest since Feb. 19, the […]

The Metropolitan Hotel Dubai, one of city’s oldest hotel brands, has reopened in a new location on Sheikh Zayed Road, after a three-and-a-half-year hiatus. The original Metropolitan Hotel, which was built in 1979, was demolished in May 2013 to make way for Al Habtoor City, an urban resort incorporating three hotels and luxury residential towers on The Dubai Water Canal.  Mohammad Al Habtoor, vice-chairman and CEO of […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. When it comes to Russian hacking and other subterfuge, the obvious and unavoidable media and political talk involves either the Clinton presidential campaign or the Trump White House. As Bloomberg’s Michael Riley discloses, there’s more for the press to obsess […]

Household electricity use falls by more than 30 percent when residents are obliged to pay for their own personal consumption, shows a new Swedish study. (via WSJ)

DUBAI // A fight between two rival gangs, captured on video, left one dead and one seriously injured, a Dubai court heard on Tuesday. A video shot by a tenant whose apartment overlooks the car park where the fight took place captured the moment dozens of Chinese men gathered at 9pm on March 23 last year armed with axes and metal bars. The fight lasted for 10 […]

Photo A fighter in the Syrian Democratic Forces, an American-backed militia, in the outskirts of Deir al-Zour last month. The militia said it had seized the route linking Raqqa to Deir al-Zour Province on Monday. Credit Delil Souleiman/Agence France-Presse — Getty Images The Islamic State appeared to suffer an important setback on Monday when American-backed militia fighters in Syria seized the main route that connects Raqqa, the […]

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