ANKARA Turkish authorities arrested more than 1,000 people on Wednesday they said had secretly infiltrated police forces across the country on behalf of a U.S.-based cleric blamed by the government for a failed coup attempt last July. The nationwide sweep was one of the largest operations in months against suspected supporters of the cleric, Fethullah Gulen, a former ally of President Tayyip Erdogan who is now accused […]
A new family tree of dogs that represents 161 breeds helps shed more light on the evolutionary history of man’s best friend. Analysis also traces what could be the living descendants of an ancient canine that was domesticated in the New World before Christopher Columbus’s arrival. In a new study, scientists looked at the DNA of 1,346 dogs to produce one of the most diverse maps that […]
Credit Suisse has launched a SFr4bn ($4bn) share issue and said it will abandon plans to list its Swiss division in an attempt to draw a line under capital fears that have dogged the bank since chief executive Tidjane Thiam took over two years ago. Investors expected the bank’s quarterly earnings on Wednesday to feature only limited news on its much-anticipated capital plans since it is not […]
ANKARA Turkey will not wait at Europe’s door forever and is ready to walk away from EU accession talks if rising Islamophobia and hostility from some member states persist, President Tayyip Erdogan told Reuters in a wide-ranging interview on Tuesday. Speaking at the presidential palace less than two weeks after winning sweeping new powers in a referendum, a relaxed Erdogan said a decision by a leading European […]
ANKARA President Tayyip Erdogan told Reuters on Tuesday that Turkey would reconsider its position on joining the European Union if it was kept waiting much longer and if the current hostile mentality of some member states persists. Erdogan said a decision on Tuesday by the Parliamentary Assembly of the Council of Europe, a leading human rights body, to put Turkey on a watch list was “entirely political” […]
By Yashaswini Swamynathan U.S. stock index futures rose on Tuesday, building on a day-earlier rally as investors assessed quarterly earnings, while awaiting a major tax plan from President Donald Trump. * Trump promised last week to make “a big tax reform and tax reduction” announcement on Wednesday. The President has directed his aides to move quickly on a plan to cut the corporate income tax rate to […]
As any good storyteller will tell you, the devil is in the details. Rose Balston, an art historian and lecturer who began a series of lectures this week covering the cultural connections between the Middle East and Europe in art across centuries, trains her audience eyes to hone in on aspects of artworks they might otherwise not notice. During the first part of her lecture she showed […]
After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as high as 1.09 this morning before fading some gains; oil is up […]
More than half of businesses in Singapore, Japan, and South Korea are among the least prepared for the upcoming European Union’s data privacy laws, with a quarter of their counterparts in Australia and the US fearing a shutdown as a result. With a year to go before the General Data Protection Regulation (GDPR) would take effect on May 25, 2018, some 56 percent of Singapore-based companies had […]
ISTANBUL The Turkish military said on Tuesday that it has carried out air strikes against Kurdish militant PKK targets near Iraq’s Sinjar mountains and northeastern Syria to prevent the group from sending weapons and explosives for attacks inside Turkey. PKK has frequently been using the two regions to channel militants, weapons and bombs and the materials have been used in attacks against Turkish military outposts and most […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian equities advanced on Tuesday as the return of risk appetite following a centrist victory in the first round of the French presidential election lifted several regional markets to multi-year highs, while the euro retained most of its overnight gains. Safe-haven assets, including the yen and gold remained under pressure, while the Canadian dollar fell after the U.S. announced new duties […]
Saudi Arabia is about to cast off its oil-dependence, build brand-new industries and open its economy to foreign investment, according to the government. That might make it a good time to buy into a Saudi bank. And substantial stakes in two of them are up for sale. But in both cases, it’s international lenders who are seeking to get out – and there are no big-name global […]
EDINBURGH Most Scottish voters do not want another referendum on independence from the United Kingdom and support for secession itself appears to have weakened, according to a Kantar survey. Scots voted by a wide margin to stick with the European Union in last June’s referendum, clashing with the UK as a whole which voted to leave. Scotland’s devolved government, run by the Scottish National Party (SNP), says […]
No license needed in the US for the all-electric “personal flying machine,” as long as it’s used in uncongested areas. The final design will look different to this prototype. A Silicon Valley “flying car” startup, Kitty Hawk, reportedly backed by Google co-founder Larry Page, released a video Monday of its airborne prototype and announced plans for deliveries of a “personal flying machine” this year. “Our mission is […]
Photo A rebel-held neighborhood in Daraa, Syria, after air strikes on Sunday. Members of a United Nations commission investigating war crimes in Syria have not been allowed to visit the country. Credit Mohamad Abazeed/Agence France-Presse — Getty Images The chairman of a United Nations commission investigating possible war crimes in Syria has met that country’s ambassador only once, he said. It happened during a chance encounter in […]
UK and US share a similar mindset when it comes to horizontal drilling for shale energy, say Cardiff University researchers and colleagues While an entire ocean separates the UK from the US, when the issue of fracking arises, the great divide—philosophically speaking—narrows considerably. Concerns about short-term and long-term impacts of horizontal drilling for shale energy are prevalent in both countries. According to a new study by […]
By Yashaswini Swamynathan U.S. stock index futures rose sharply on Monday, tracking European and Asian stocks, as investors breathed a sigh of relief after Centrist candidate and market favorite Emmanuel Macron won the first round of the French election. * Polls showed pro-EU Macron is expected to beat right-wing rival Marine Le Pen in a deciding vote next month, reducing the chances of France taking a Britain-like […]
Risk is definitely on this morning as European shares soar, led by French stocks and a new record high in Germany’s Dax, after a “French relief rally” in which the first round of the country’s presidential elections prompted investors to bet that establishment candidate Emmanuel Macron will win a runoff vote next month, and who is seen as a 61% to 39% favorite to defeat Le Pen […]
By Bate Felix and Sudip Kar-Gupta | PARIS PARIS Round two of the bitter fight for the French presidency got under way on Monday within hours of first round results with far-right leader Marine Le Pen’s top aide launching a stinging attack on her centrist opponent Emmanuel Macron. “Emmanuel is not a patriot. He sold off national companies. He criticised French culture,” Florian Philippot, deputy leader of […]
PARIS Emmanuel Macron’s camp should perhaps keep the champagne on ice a little longer. The young independent centrist’s qualification on Sunday for the runoff of France’s presidential election in two weeks’ time will certainly bring a sigh of relief in European capitals and financial markets; opinion polls suggest he will beat his far-right rival Marine Le Pen with ease. But to have a real chance of implementing […]
The UAE has a Minister of Happiness. It also has a happiness rating, and for three years running has been the highest-ranked Arab country on the global Happiness Index, an annual list compiled by the Sustainable Development Solutions Network, under the General Secretariat of the United Nations. It also ranks 21st globally. A recent YouGov survey revealed that more than three-quarters of new arrivals in the UAE […]
The euro surged in early Asian trading after Emmanuel Macron, investors’ preferred candidate, appeared on track to make it through to the final round of the French presidential election, which opinion polls suggest he will win. Mr Macron, who supports open markets and France staying in the EU, won 23.7 per cent of the vote in the first round vote on Sunday, according to three estimates for […]
Photo Members of the United Nations Security Council during a meeting about Syria on April 7. President Trump will host a lunch on Monday with 14 diplomats who are members of the Security Council. Credit Drew Angerer/Getty Images UNITED NATIONS — President Trump, who recently had Ted Nugent, Sarah Palin and Kid Rock over for a White House dinner, is planning to host 14 diplomats from around […]
April 23, 2017 by: Anne-Sylvaine Chassany in Paris Emmanuel Macron will go head-to-head against Marine Le Pen in the run-off election for French president on May 7 after qualifying in Sunday’s first round vote. Mr Macron, an independent centrist, came out on top with 23.7 per cent of the vote ahead of Ms Le Pen, the far-right leader, on 21-22 per cent, according to three estimates for […]
