Selling pressure on French bonds ebbed on Thursday, pushing the yield on the 10-year bond back below 1 per cent, as the prospect of a centrist alliance in the country’s presidential election eased anxiety that far-right candidate Marine Le Pen will win. The decision on Wednesday by independent candidate François Bayrou not to stand in the country’s elections, and instead throw his support behind fellow centrist Emmanuel […]
Posted: Feb. 23, 2017 7:00 am Updated: Feb. 23, 2017 10:31 am MANILA, Philippines (AP) A Philippine court issued an arrest warrant on drug charges Thursday for an opposition senator and former top human rights official who is one of the most vocal critics of President Rodrigo Duterte and his deadly anti-drug crackdown. The Regional Trial Court in Muntinlupa city in the Manila metropolis issued the […]
Beirut, 23 February 2017 Ipsos, the number one research company in Middle East and North Africa, and Nielsen, a global performance management company that provides a comprehensive understanding of what consumers Watch and Buy, released their official results for Television Audience Measurement (TAM) for 2016 in Lebanon, during a gathering at Phoenicia Hotel in Beirut. The event took place in the presence of key representatives from the […]
It might already be two months into the new year, but in terms of hotel milestones, it’s just about to start. Just as the UAE’s residential sector is producing a much-needed surplus of property, consumers are set to benefit as this year’s hotel industry pipeline turns out a wave of audacious new developments. From a new Viceroy, Langham and Bulgari in Dubai to an Aloft in Al […]
A HoloLens display visualization Microsoft “You take the high road and I’ll take the low road and I’ll be in Scotland before you,” assert modernized lyrics of The Bonny Banks of Loch Lomond. The 176 year-old song is a metaphor for the state of virtual reality. Scotland represents a promised land of market leadership, Oculus and HTC, with their pricey high-end products, are taking the high road, […]
NIMR Automotive, a subsidiary of Emirates Defense Industries Company (EDIC), on Thursday announced that it is set to supply more than 1,750 armoured vehicles to the UAE Armed Forces under three new contracts. NIMR will deliver 1,500 JAIS 4×4 and 6×6 infantry fighting vehicles, as well as more than 150 HAFEET 630A artillery support vehicles and 115 AJBAN 440A vehicles equipped with anti-tank guided missile systems from […]
The arrival of Mike Flynn’s replacement, Gen. H.R. McMaster as Trump’s new national security advisor could mean sweeping changes of the White House foreign policy team, giving him control of Homeland Security and guarantee full access to the military and intelligence agencies. In a report by the NYT, Mr. McMaster is said to be weighing changes to an organization chart that generated consternation when it was issued […]
The fundraising gulf over the DGA can be attributed in part to RGA support from a number of high-profile billionaires and millionaires, including hedge fund bosses Paul Singer and Kenneth Griffin, and shipping supply company owner Richard Uihlein. The largest donor to the RGA in 2016, casino magnate Sheldon Adelson and his wife, Miriam, donated more than the top six donors to the DGA combined. Many longtime […]
For footloose international money, the safest place to hide in the European financial system may be two-year German debt. The government of Europe’s largest economy not meeting such obligations in euros is as close to inconceivable as things get. The debt is also easy and cheap to trade, which means it can be a market signal of investor angst. The price of such safety set a record […]
America’s Midwest farmers can’t seem to catch a break. First, an epic collapse of grain prices over the last couple of years have threatened to wipe out family farmers (see “Midwest Farm Bubble Continues Collapse As Farm Incomes Expected To Crash In 2017“) and now, thanks to the pending NAFTA showdown threatened by President Trump, Mexico, the single largest importer of U.S.-grown corn, has announced plans to […]
Last Updated On 23 February,2017 02:31 pm A five-member larger bench headed by Justice Asif Saeed Khosa heard the case. ISLAMABAD (Dunya News) – Supreme Court (SC) on Thursday reserved the verdict in Panama Papers case. A five-member larger bench headed by Justice Asif Saeed Khosa heard the case. Other judges in the bench include Justice Ejaz Afzal Khan, Justice Gulzar Ahmed, Justice Sheikh Azmat Saeed and […]
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. A few months ago Vice founder Shane Smith fronted a superior Vice-HBO documentary, “A House Divided,” that detailed the issues, tactics and rancor that dominated Barack Obama’s relations with a Republican-dominated Congress. Now he sees “a perfect storm” that involves […]
For the past several months we’ve warned that the taxpayers of the City of Dallas, despite all of the tough talk coming out of their elected city council members, would ultimately be forced to bail out the failing Dallas Police and Fire Pension (DPFP) system. And just last night the DPFP board voted 9-0 to approve a plan that would do just that. The plan to save […]
SEOUL North Korea blamed Malaysia on Thursday for the death of one of its citizens there last week and accused it of an “unfriendly attitude” in a scenario drawn up by South Korea, which has said Pyongyang agents assassinated the North Korean leader’s half-brother. Malaysia had initially told North Korea that the person bearing a diplomatic passport had died after suffering a heart attack at Kuala Lumpur […]
Please do not let this happen. I mean, it has to happen. Network technologies take years to develop, and are often planned a decade in advance. But 5G isn’t even baked yet. The 5G radio network won’t be properly specified until October 2018, and there’s a whole 5G standards plan called “IMT-2020,” which won’t be rolled out until 2020. We’re expecting 5G networks in the […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks pulled back from a 19-month high on Thursday, while the dollar tried to steady from losses suffered in the wake of the U.S. Federal Reserve minutes indicating a cautious approach to more interest rate increases. MSCI’s broadest index of Asia-Pacific shares outside Japan was fractionally lower. Japan’s Nikkei slid 0.1 percent, while Australian shares retreated 0.3 percent. Overnight on […]
The first exhibition to be hosted at Dubai’s Etihad Museum will feature the country’s postal history from 1909 until its unification. Organisers pledge that it will be a virtual tour back in time, as each stamp marks a key event. Visitors under the age of 15 have a lot of questions about the first item at an exhibition dedicated to the history of Emirates Post. Although it […]
Tesla is likely to turn to Wall Street for another big cash infusion as it gears up to launch its first mass-market electric vehicle later this year, chief executive Elon Musk indicated on Wednesday. His comments came as the US electric carmaker disclosed that chief financial officer Jason Wheeler would leave the company after little more than a year. Mr Musk said only that Mr Wheeler was […]
Analysts and traders alike were looking forward to today’s “black box” earnings from Tesla as it would be the first consolidated report that combined Tesla Motors operations with those from cash-bleeding monstrocity SolarCity following the pair’s merger, to wit: “with the acquisition of SolarCity, we have created the world’s only integrated sustainable energy company, from generation to storage to transportation.“ And, as usual, Elon Musk managed to […]
March is a major month for Amazon Prime members. That’s because brand new content is coming to Prime Video, with the emphasize on new original series and movies. These include the anticipated season 2 premiere of Hand of God starring Ron Perlman as Judge Maximum. And while viewers will get to see how the Judge truest gain back his sanity in this final season, Amazon is getting […]
Your daily guide to community and cultural activities across the Emirates for February 23, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Performance Get tickets […]
The shelves of Guillermo Lasso’s office are lined with books that inform his politics: Adam Smith’s The Wealth of Nations; The Denationalization of Money by Friedrich Hayek; a compendium of cases about free speech from the Inter-American Court of Human Rights. “A government cannot regulate freedom of expression,” the Ecuadorean conservative opposition leader told the Financial Times before Sunday’s presidential election, in which he won more than […]
By Amina Ismail and Arwa Gaballa | Al-GAMALIYA, Egypt Al-GAMALIYA, Egypt Thousands of mourners gathered in a small Egyptian town on Wednesday for the funeral of the Muslim cleric known as “the blind sheikh” who was convicted of conspiracy in the 1993 World Trade Center bombing in New York. Omar Abdel-Rahman, who was also convicted of planning a broader “war of urban terrorism” in the United States, […]
Unilever has promised to boost profits and conduct a root-and-branch review of its business that could lead to asset sales just days after an aborted $143bn takeover approach from Kraft Heinz, the US food group backed by 3G Capital and Warren Buffett. Unilever is under pressure to speed up returns to shareholders following the bid from Kraft Heinz, which has raised questions about the consumer products group’s […]
