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|By Rashidul Bari | Meet Soborno Isaac Bari, known as “4-Year-Old Einstein,” who has a very strange dream: He wants to get into Harvard at the age of 10, via the SAT. Of course, the SAT can’t determine whether he’s truly ready for college-level courses, but not many 4-year-olds can solve chemistry problems. His knowledge of the periodic table has impressed several academic institutions, including City University of New […]

|By Matein Khalid| After five years of pathetic under-performance, emerging markets are easily the asset class to own in 2016, as Europe is hit by a resurgent Euro/Italian banking woes and Japan by institutional gaijin selling and a stronger yen. A dovish Janet Yellen has talked down the US dollar and deferred the timing of FOMC interest rate hikes. The Chinese Politburo and People’s Bank have managed to […]

An Apple iphone 6 with Apple Pay is shown in this photo illustration in Encinitas , California June 3, 2015. Reuters/Mike Blake SAN FRANCISCO Apple Inc’s first-ever drop in quarterly iPhone sales has spurred Chief Executive Tim Cook to turn the spotlight on prospects for its services business, but the field is rife with competition and may prove challenging for a brand based on gadgets. Second-quarter earnings […]

Today at Auto China 2016, Nissan unveiled the all-new Tiida, announced a Maxima launch, and further strengthened their presence in China through their Intelligent Mobility platform. Tiida is an example of Nissan’s Intelligent Mobility initiative, whereby the automaker envisions a world free from emissions and vehicular fatalities. “With Intelligent Mobility, we are making this vision a reality,” said Daniele Schillaci, Executive Vice President, Global Marketing & Sales, Nissan […]

DUBAI // “Passing the buck” on fire safety will be halted by the updated Fire and Life Safety Code to be released next month. A new section on responsibility puts the onus on consultants and developers as well as residents – owners and tenants – to keep a building safe from fire. In another key provision, the main consultant, manufacturer or supplier of fire safety material, plus […]

NASA and the U.S. Department of State were among the federal agencies that received low marks on IT security, according to a recent report card issued by the New York-based firm Security Scorecard. Also receiving low grades were the states of Connecticut, Pennsylvania and Washington. The 2016 U.S. Government Cybersecurity Report, released earlier this month, analyzed the cybersecurity vulnerabilities of some 600 local, state and federal government […]

The Lexus NX is a vehicle of firsts for the luxury brand from Toyota. It was the first compact crossover from Lexus, the first with a turbocharged engine, and the first example of a more extreme design language. This new, aggressive exterior styling is now showing up on other Lexus models, like the new RX 350 F Sport we tested earlier this month. While some won’t like […]

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A Toshiba Corp logo displayed on one of its television sets is seen through a vehicle in Tokyo, Japan, November 26, 2015. Reuters/Toru Hanai/Files TOKYO Toshiba Corp, in a hurry to raise cash before closing its books for the business year that ended at the end of last month, was able to structure the sale of its medical equipment business to Canon Inc in an unorthodox way […]

A lot of factors go into helping Facebook determine which News Feed items appear first on a user’s page. This week, the company has added new considerations to ensure it delivers interesting content that’s geared specifically to each user. One of the new factors being added to the News Feed algorithm is time spent viewing an item. Facebook figures that the longer a user reads or views […]

The current-generation Audi A3 debuted in 2014. However, in just short two years, the competition in entry-level luxury sports sedans has intensified. Now Audi is playing “keeping up with the Joneses” with the mid-cycle refresh of the 2017 A3. As of this writing, we only have information on the European-Spec Audi A3. U.S. model information will be confirmed by Audi USA later this year. What’s New With […]

Microsoft released the latest build of Windows 10 to members of its Insider Preview program today. The release, labeled Build 14328, includes upgrades to Windows Ink, the Start button, Cortana, and the Search function. The company released a previous version of the build for mobile devices earlier this week, so this latest version focuses primarily on PC functionality. There are so many changes in the latest build […]

India’s most reliable source of foreign funding is under threat. Remittances fell to $15.8 billion last quarter, the lowest since April-June 2011 and a 9.4 percent drop from a year earlier, as the global slowdown and slumping oil prices reduce demand for foreign workers. Indians working abroad — from construction laborers in Dubai to Silicon Valley engineers — send home the most money in the world, helping to pay for […]

Microsoft Corp. apologized after Twitter users exploited its artificial-intelligence chat bot Tay, teaching it to spew racist, sexist and offensive remarks in what the company called a “coordinated attack” that took advantage of a “critical oversight.” “We are deeply sorry for the unintended offensive and hurtful tweets from Tay, which do not represent who we are or what we stand for, nor how we designed Tay,” Peter […]

|By Matein Khalid| It is no coincidence that the most profitable hotels on the planet are located in Makkah, the holiest city of Islam as the site of the Grand Mosque and the Kaaba. For fifteen centuries, Muslims have traveled to Makkah from all over the world for the Hajj and Umrah pilgrimages, making the city the highest source of inbound foreign visitors in Saudi Arabia. Makkah is […]

|By Arabian Post Staff| Ajman-based Tech Group, comprising a number of construction verticals, announced an investment of $100 million for the next three years, in what the company declares as an endorsement of the positive outlook for the country’s construction industry. Piling Tech, one of the group companies specializing in foundation engineering, design engineering and boring and driven piling systems, has acquired a new set of Soilmec […]

|By K Raveendran| Going by the pace at which machinery automation is advancing, the day does not appear to be a long way off when self-working machines carry out complicated and high-skilled operations without manual intervention. The Win Eurasia Metal Working Fair in Istanbul held during 11-14 February provided clear insights into the evolving trends in this area and the rapid strides Turkish machinery manufacturing industry is […]

By Nitten Nair/We are taught from a very young age to have career goals and to “aim” to be at the top of our chosen field before we decide to call it a day. I am sure many of you would have been asked the question, “Where do you see yourself in the next 5 years?” This profound question sows the seeds of having a career goal […]

Amit Singhal, senior vice president of search at Google, speaks at the garage where the company was founded on Google’s 15th anniversary in Menlo Park, California September 26, 2013. Reuters/Stephen Lam As one of Google’s earliest search pioneers steps down and the company’s leader in artificial intelligence takes his place, analysts say the move signals the company’s desire to make its search engine more sophisticated. Google parent […]

If the customer is “at the center of everything,” so, too, should be a company’s system for managing customer relationships, according to a recently published white paper. In other words, customer relationship management software (CRM) needs to be more than just a way to handle queries about products or fielding feedback from clients. It needs to be used as a central platform for connecting people, processes and […]

Reuters/ DEBORAH M. TODD AND ANYA GEORGE THARAKAN/Alphabet Inc easily beat Wall Street’s quarterly profit forecasts on Monday, helped by strong mobile advertising sales, sending the shares of Google’s parent higher in after-hours trading to surpass Apple Inc as the most valuable U.S. company. For the first time, the company disclosed the profitability of Google’s search engine and its other online services, and how much it is […]

INDIA IN SWEET SPOT TO BALANCE THE ACT

 

By K R Sudhaman

 

India is in a sweet spot as global economy is not looking good in the face of market turmoil in China. A global recession triggered by poor showing of European economy had hit badly the export led growth model of China, whose economy grew by 6.9 per cent in 2015, the slowest in two decades. Following this slowdown, high commodity prices had started correcting exerting more pressure on China down turn. The massive over investment in China in steel, cement, shipbuilding, petrochemicals, real estate and other infrastructure sectors began to burst. This volatility in equity and commodity markets did not augur well for the global and Chinese economies. Global economy may not be in a crisis as in 2008 during the financial meltdown but it is certainly not out of the woods and outlook for global economy is certainly bearish in 2016.

Thanks to Apple’s introduction of the WKWebView rendering engine beginning with the iOS 8 version of its mobile operating system, Google said it has been able to update its Chrome Web browser so it can perform far better on iPhones and iPads. Rolling out today, version 48 of Google Chrome for iOS is faster, more responsive and far more stable than previous generations of the browser, according […]

The trend of cyberattackers targeting retail and fast-food chains is continuing in 2016. Nationwide fast-food chain Wendy’s is the latest to announce it is investigating a possible credit card breach stemming from its POS (point-of-sale) system. “Reports indicate fraudulent charges may have occurred elsewhere after payment cards were legitimately used at some restaurants,” Wendy’s spokesman Bob Bertini told Reuters. “Until this investigation is completed, it is difficult […]

UAE. UAE. Hays GCC 2016 Salary & Employment Report, published today by recruiting experts Hays, found that 49 per cent of employers feel positive about 2016 compared to a higher 69 per cent who felt the same in 2015. The survey, which was completed by over 2,400 employees and 200 employers, forecasts mixed fortunes for job candidates and salaries over the next 12 months. In 2015, 48 […]

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