Wells Fargo & Co reported another decline in monthly consumer account openings, indicating that the bank is having trouble rebuilding its reputation after a sales scandal. The bank agreed in September to pay regulators $185 million to settle charges that its staff opened as many as 2 million accounts without customers’ knowledge. Wells Fargo said on Friday consumer checking account openings fell 9 percent in November from […]
Russia said the evacuation of thousands of people trapped for months in the last rebel foothold of Aleppo was finished on Friday, hours after a series of blasts halted the operation. “The Syrian army operation to liberate the militant-controlled eastern districts of Aleppo is complete,” the Russian defence ministry said. “Syrian government forces are liquidating isolated pockets of resistance by radicals.” An agreement for rebels to withdraw […]
Credit: Ecole Polytechnique Federale de Lausanne A drone has been equipped with feathers to increase its precision during flight. The bio-inspired device can spread or close its wings while flying, making it easier to maneuver and more resistant in high winds. When they need to change direction, increase their speed or counter headwinds, birds alter the configuration of their wings. To steer, for example, they spread one […]
15 December 2016 Jeddah, Saudi Arabia — As a strategic step towards the development of the small-to-medium-sized enterprises (or “SMEs”) in Saudi Arabia, the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, and Catalyst Group inked an Engagement Agreement to commence ITFC’s KSA SME Program to boost the SME Trade development. Through this partnership, ITFC will be piloting a SME Trade […]
Authored by Carl Bildt, originally posted at Project Syndicate, In August 2015, I tweeted that if Donald Trump were to be elected President of the United States, we would have to “head for the bunkers.” A Trump presidency was considered highly unlikely back then; but here we are. And while heading for the bunkers might not be the most appropriate response (yet), where we are is undoubtedly […]
By Andrew Osborn and Nick Tattersall | MOSCOW/ISTANBUL MOSCOW/ISTANBUL President Vladimir Putin said he and his Turkish counterpart Tayyip Erdogan are working to organise a new series of Syrian peace talks without the involvement of the United States or the United Nations. In a snub to Washington, Putin made clear on Friday that the initiative was the sole preserve of Moscow and Turkey and that the peace […]
South Korea’s IT export for November rose 3.3 percent compared to a year ago thanks to semiconductors and displays, the country’s trade ministry has said. The rise ends 14 straight months of decline caused by the rise of Chinese competitors and the global economic downturn. Total IT export for the month was $14.8 billion, a rise of 3.3 percent from a year ago, while import was $8.08 […]
By Andrés González | MADRID MADRID French media tycoon Vincent Bollore is bidding for a stake in Spain’s largest sports broadcasting rights firm at the same time as facing off with former Italian president Silvio Berlusconi for control of Mediaset (MS.MI). Bollore’s Vivendi (VIV.PA) is one of 10 bidders, alongside a number of Chinese and U.S. investors, hoping to land either a 30 percent or 51 percent […]
If you or someone on your holiday list wants flagship smartphone at a discounted price, B&H has some great deals to check out. The retailer is offering the Samsung Galaxy S7, S7 edge, LG G5, Google Nexus 6P, and free extras as part of its holiday sale. ( Samsung ) For anyone looking to get a great deal on some of the most popular flagship smartphones, B&H […]
Friday 08:00 GMT Overview Equity markets are steady, holding near recent highs, as the dollar’s bounce to a 14-year peak on expectations of a more hawkish Federal Reserve pauses for breath. Bond markets are calmer too after the recent battering that pushed yields to their richest in many months, while gold edges up. Hot topic The dollar and surging bond yields has been one of the biggest […]
Submitted by Finian Cunningham via Strategic-Culture.org, The US and its terrorist-sponsoring partners are seeing their criminal regime-change project in ruins, as the Syrian army and its allies win a spectacular victory to retake the strategically important city of Aleppo. Western governments and their flunkies at the UN are cynically, perversely decrying a «meltdown of humanity». Closer to the truth is their own «meltdown of sanity». This is […]
Almost a quarter of Americans acknowledged sharing fake news political news online, according to a new report from the Pew Research Center. The report, which is based on a telephone survey of more than 1,000 people, showed that 23 percent of respondents shared fabricated stories. In that group, 14 percent said they knew the story was fake at the time they shared it. Nearly a quarter of […]
What brought you into the world of fashion? I always wanted to make sure I did a job that I was passionate about, and one that wouldn’t simply be a 9-5 office job, which fashion allowed me to do. I began my career on the UK High Street where I started off working on own-label brands and really learnt my trade. Following that I moved on to […]
YOKOHAMA, Japan Nissan Motor Co (7201.T) Chief Executive Carlos Ghosn said on Friday he expected the Japanese automaker to post record sales in 2017, which would be a strong year for the auto industry despite volatility in currency and commodity markets. Ghosn also said he was confident that U.S. trade policy under President-elect Donald Trump would continue to promote strong ties with Mexico, where Nissan operates production […]
Friday 02:10 GMT Overview The US dollar has climbed to a 14-year high in the wake of the Federal Reserve’s decision this week to lift interest rates, putting pressure on Asian currencies and prompting caution among traders of regional stocks. Hot topic The dollar has been one of the biggest stories of the December quarter thanks to a more robust outlook for US inflation and growth. That […]
By Elizabeth Piper and Alastair Macdonald | BRUSSELS BRUSSELS European Union leaders agreed their plan for Brexit negotiations on Thursday, pledging to move swiftly and stick together to ensure Britain does not cherry pick a sweet deal that might inspire others to unstitch the bloc. Prime Minister Theresa May left before the other 27 leaders met briefly to formalise their plan for how to run Brexit talks. […]
By Kiyoshi Takenaka and Katya Golubkova | TOKYO TOKYO Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin hold a second day of talks on Friday after Abe made little headway a day earlier in his quest to resolve a territorial row that has festered since World War Two. Putin looked set to come away with a slew of economic deals and achieve what experts said […]
It has been touted as one of the most exciting Dubai mega-projects of recent years and has now come to fruition. The $735m Dubai Water Canal — carved out of land between Business Bay and Jumeirah — opened to the public last month, creating a water-bound ‘mini-Manhattan’ that flows from Downtown Dubai to the ocean. The 3.2km-long canal is the final segment of the Dubai Creek extension, […]
Submitted by Eric Zuesse via Strategic-Culture.org, Was the Cold War against communism, or against Russia? Russia was our ally in World War II, and we’d have a Nazi world today if 26 million Russians hadn’t died from Hitler’s bombs and attacks while Russia fought on with courage amidst desperation, finally to crush his regime. But Russia was communist, so the Cold War developed after that alliance (the Allies in […]
By Joseph Menn The U.S. agency charged with ensuring that voting machines meet security standards was itself penetrated by a hacker after the November elections, according to a security firm working with law enforcement on the matter. The security firm, Recorded Future, was monitoring underground electronic markets where hackers buy and sell wares and discovered someone offering log-on credentials for access to computers at the U.S. Election […]
LONDON // Doctors have declared that infertility caused by treatment for inherited blood disorders affecting thousands of Gulf Arabs may at last be wiped out. In a medical breakthrough, Emirati Moaza Al Matrooshi, a 24-year-old from Dubai who was born with the fatal blood condition thalassaemia, this week became the first patient to give birth to a healthy baby after herself being cured of the disease. Thanks […]
By Greg Lacour | CHARLESTON, S.C. CHARLESTON, S.C. A jury on Thursday found avowed white supremacist Dylann Roof guilty of federal hate crimes resulting in the deaths of nine black parishioners at a historic church in Charleston, South Carolina, last year. Jurors also said Roof, 22, was guilty of firearms violations and obstructing the exercise of religion for those he shot and killed during a Bible study […]
While a liberal group responsible for fomenting the Electoral College rebellion claims to have at least 20 of the 37 GOP defectors needed to pull an upset and send the election to the House, The Hill reports that, among Republicans on the ground, though, there is no chatter or speculation surrounding that possibility. The liberal opposition has generated a cottage industry of online speculation that an Electoral […]
US intelligence officials have acknowledged that Russia worked to influence the outcome of the US election, and the New York Times has an excellent rundown of what occurred. It’s a fascinating look at what might be a blueprint for future electoral meddling. But perhaps the most startling fact is that something as large, complex, and arcane as an American election was attacked without touching a single voting […]
