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In this Wednesday, Sept. 14, 2016, file photo, a self-driving Uber car stops at a red light on Liberty Avenue through the Bloomfield neighborhood of Pittsburgh. In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robocars and is slowing their development. But experts say eventually the cars will coexist […]

More than 1,000 UiTM students attend Umno’s 71st anniversary celebrations at Bukit Jalil National Stadium as part of requirements for their co-curricular module. KUALA LUMPUR: More than 1,000 UiTM students were brought to the Bukit Jalil National Stadium here under a “voluntary patriotism” programme to participate in Umno’s 71st anniversary celebration today. Some of them were excited to be there, as they admitted to FMT, feeling upbeat […]

Moon Jae-in’s presidency of South Korea began with admirable pledges to handle an unpredictable and belligerent next-door neighbour, North Korea, and tackle economic problems. He will also tackle broader regional tensions, China’s outrage at the United States THAAD missile defence system in South Korea and rising fears over that same northern neighbour‘s nuclear programme. But one other challenge may be almost as crucial in determining the success […]

For the 3rd month in a row, US Producer Prices have risen at a faster rate than The Fed’s mandate. April healdine PPI rose 2.5% YoY – the most since Feb 2012, and well above the highest anayst estimate, despite disinflationary credit impulse pressures from China being seen in industrial metals. The biggest driver is surging costs for investment advice! Core PPI (ex food and energy) rose […]

There can’t be many global brands that have the means, or even the inclination, to shut down an entire city block in Los Angeles – but that is precisely what Hermès did earlier this year. As part of its touring spring/summer 2017 men’s collection, for one night, Hermès transformed a forgotten warehouse in Los Angeles into DwnTwnMen LA, an interactive exhibition, fashion show venue and art space. […]

Authored by Whitney Webb via TheAntiMedia.org, When the U.S. overthrew the Taliban in the wake of 9/11 as part of its newly launched “war on terror,” it set the stage for the explosive growth of Afghanistan’s dying opium industry. A few short months before the invasion took place, the Taliban made headlines for having “dramatically ended the country’s massive opium trade” after the leader of the fundamentalist […]

By Nandita Bose | WHEATON, Ill. WHEATON, Ill. German grocery chain Aldi Inc is trying to beat the world’s biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi has set a minimum target of selling groceries at a 21 percent discount to its U.S. rivals, including Wal-Mart Stores Inc (WMT.N), Chief Executive Jason Hart told Reuters. His strategy, previously unreported, centers on […]

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The grand finale of NASA Cassini spacecraft has set one more milestone after the successful second dive on May 2 between the Saturn and its rings. With its camera — equipped with CL1 and CL2 filter — pointed at its rings and away from the planet’s surface, Cassini offered amazing images with an eerie touch. The second dive also gave Cassini a broader proximity to the planet’s outer […]

Dr Sheikh Sultan bin Mohammed Al Qasimi, Ruler of Sharjah, on Wednesday meets the members of the Union Arab Scientific Language Academies at their headquarters in the 6 October city in Cairo. Wam Dr Sheikh Sultan bin Mohammed Al Qasimi, Ruler of Sharjah, on Wednesday meets the members of the Union Arab Scientific Language Academies at their headquarters in the 6 October city in Cairo. Wam Sheikh […]

A shake-up of the overarching Israel Broadcasting Authority — widely considered an outdated and wasteful enterprise — has been decades in the making. At one point it was said to have had up to 18 unions for about 1,800 employees. Israeli officials and experts across the political spectrum said that reform was essential. Continue reading the main story But the way it is unfolding appears chaotic and […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks rose early on Thursday, getting a lift from a record high close on MSCI’s global stocks benchmark after strong gains in oil prices buoyed energy stocks globally. Oil prices held on to 3 percent-plus overnight gains, their biggest one-day jump since Dec. 1, following a steep drop in U.S. inventories and support from Iraq and Algeria for an extension […]

Xped executive chairman Athan Lekkas (Image: Supplied) Australian Securities Exchange-listed Internet of Things (IoT) company Xped has announced that it is purchasing fellow Adelaide-based artificial intelligence (AI) company Jemsoft for AU$200,000 in cash and 50 million Xped shares. The total value of the deal comes to AU$900,000, with Xped shares priced at 14 cents per share. In addition to acquiring all of Jemsoft’s intellectual property — including […]

Just hours after the Fed’s March “dovish” rate hike, when stocks paradoxically surged to all time highs and yields tumbled, Goldman found something strange: “surprisingly, financial markets took the meeting as a large dovish surprise—the third-largest at an FOMC meeting since 2000 outside the financial crisis, based on the co-movement of different asset prices.” Even more surprising is that according to Goldman, its financial conditions index, “eased […]

Sultan bin Sulayem: The vision of Mohammed bin Rashid has turned innovative ideas into distinctive and brilliant achievements Go Global! This year Ideas Arabia gives winners of 2 categories – Executive Leadership & Idea of the Year, a unique opportunity to compete globally in ‘The Global Award’ taking place in 2018. Leaders and experts came together to meet for the two-day conference to support the […]

Abu Dhabi National Exhibitions Company (ADNEC) announced on Wednesday that the value of its contribution to the economy of Abu Dhabi reached AED1.12 billion ($300 million) in the first quarter of 2017, up eight percent on targets. In Q1, ADNEC said it hosted 12 exhibitions, and 108 conferences and events that attracted more than 302,000 visitors to its venues in Abu Dhabi and Al Ain. During the […]

By Mark Hosenball and David Shepardson | WASHINGTON WASHINGTON The Trump administration is likely to expand a ban on laptops on commercial aircraft to include some European countries, but is reviewing how to ensure lithium batteries stored in luggage holds do not explode in midair, officials briefed on the matter said on Wednesday. Any expansion of the ban could impact U.S. carriers such as United Airlines (UAL.N), […]

The lead characters are a Norwegian couple who had Middle East experience and thought they might be able to broker an agreement. This was high-octane audacity. Yet the two of them — Terje Rod-Larsen, a social scientist, and his wife, Mona Juul, an official in Norway’s foreign ministry — pulled it off. Continue reading the main story The play’s Mr. Larsen, portrayed by Jefferson Mays, seems a […]

Microsoft, whose campus is shown in this 2014 picture, has told developers at its annual Build conference it wants to bring artificial intellience into the mainstream Microsoft on Wednesday unveiled new tools intended to democratize artificial intelligence by enabling machine smarts to be built into software from smartphone games to factory floors. The US technology titan opened its annual Build Conference by highlighting programs with artificial intelligence […]

In hot water: Cañete, Galzote, Maynes and Garcera for detaining a couple and demanding P250,000 for their release. —PNP CITF Less than three months after he took over the post, Makati police chief Senior Supt. Dionisio Bartolome was relieved on Wednesday after four of his men were arrested for kidnapping and extortion. Relieved along with Bartolome was Chief Insp. Oscar Pagulayan, the Makati police intelligence chief. Southern […]

The Dow just suddenly plunged as Boeing stock crashed following headlines that the aircraft manufacturer will temporarily suspend 737 Max flight due to engine issues… *BOEING TEMPORARILY SUSPENDS 737 MAX FLIGHTS ON ENGINE ISSUE *BA: POTENTIAL MFG QUALITY ESCAPE W/LPT DISCS IN LEAP 1B ENGINES *BOEING SAYS IT’S WORKING WITH CFM TO INSPECT DISCS IN QUESTION *BOEING SAYS MAX PRODUCTION WILL CONTINUE *BOEING SAYS PLAN REMAINS TO […]

By David Morgan and Patricia Zengerle | WASHINGTON WASHINGTON U.S. President Donald Trump defended his firing of FBI Director James Comey on Wednesday as Democrats intensified accusations that the ouster was intended to undermine an agency probe into his presidential campaign’s possible collusion with Russia to sway the 2016 election. The Republican president’s abrupt move on Tuesday stunned Washington and was swiftly condemned by Democrats and by […]

The latest version of Opera is called “Reborn” and it aims to rethink the browser, adding a special new sidebar for messaging. The new sidebar has baked-in shortcuts for WhatsApp, Facebook Messenger, and Telegram, allowing users to handle messages quickly and easily without having to open a separate tab or leave their current tab. The messaging sidebar is built right into the browser interface and once users […]

IBM on Wednesday is announcing significant updates to PowerAI, its deep learning software distribution package, making it faster for data scientists to deploy deep learning models and easier for developers to integrate computer vision into their applications. Analysts say that artificial intelligence has reached a tipping point where it’s being integrated into just about every service, product or integration, but there are still major challenges for the […]

Jes Staley, chief executive of Barclays, has apologised to shareholders for the “error” he admitted he had made in trying to uncover the identity of a whistleblower. In an attempt to take the sting out of the bank’s annual meeting on Wednesday, the Barclays CEO said: “I feel it is important that I acknowledge to you, our shareholders, that I made a mistake in becoming involved in […]

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