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Microfinance case trouble for Vellappally // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time // OpenAI introduces GPT-6 Cyber with restricted security access // Elephant calf on death line airlifted for treatment in Gujarat // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // India Under Pressure To Join RCEP On The Eve Of ASEAN Summit In Manila On Nov 15-17 // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Emaar approves Development buyout ahead of planned delisting // Battle Uttar Pradesh Will Be Tougher For Yogi Than Expected // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // CM disputes Vijayan’s claims // Technology shares plunge as Nasdaq enters correction // Dubai Future District Fund and Buimerc formalise cooperation // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Excise chief shunted out in bar licence dispute // Ningbo Consensus on Collaborative Development released at 2026 Global Mayors Dialogue · Ningbo // Dubai details five-year visa benefits for returning visitors // Democrats Gearing Up For 2028 Presidential Elections To Gain Full Power // ADIA subsidiary seeks $7.5 billion private investment financing // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences //

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By Elisabeth O’Leary | NORTH BERWICK/KIRKINTILLOCH, Scotland NORTH BERWICK/KIRKINTILLOCH, Scotland The Brexit vote has made a new referendum on Scottish independence more likely, says First Minister Nicola Sturgeon, but despite Scots’ misgivings about leaving the European Union there is no sign of increased enthusiasm for secession. Scotland rejected independence in 2014 by 55 to 45 percent, but circumstances have changed since then because Scots voted emphatically last […]

Brussels is seeking to defuse a regulatory time-bomb facing Europe’s pensions as the retirement industry warns that EU derivatives reforms scheduled for 2018 could cost savers billions. The European Commission is preparing legislation to amend regulations that are seen hurting pensions funds by forcing them to put aside higher amounts of money to satisfy derivatives rules. Trades such as swaps and other derivatives require support in the […]

By Anjuli Davies and Andrew MacAskill | LONDON LONDON Global banks have begun signaling how they will put plans into action to cope with a “hard” exit by Britain from the European Union. Until now, banks have considered varying degrees of upheaval to their British-based businesses, depending on whether the outcome of Brexit was “hard” or “soft.” But after Prime Minister Theresa May said that Britain would […]

January 19, 2017 by: Claire Jones in Frankfurt The European Central Bank has kept interest rates at record lows and the terms of its landmark quantitative easing package unchanged as its president prepares to field questions on an economic outlook full of threats. The bank’s governing council, meeting on Thursday in Frankfurt, left its benchmark main refinancing rate at zero. Its deposit rate, in effect a levy […]

Tesla Panasonic hopes to work with Tesla to produce more than just batteries for next generation vehicles as the company continues to move further into the automotive field. As reported by Reuters on Thursday, Panasonic CEO Kazuhiro Tsuga said in an interview that the company is “deeply interested” in Tesla’s self-driving vehicle system and ambitions, and hopes to “expand our collaboration by jointly developing devices for that, […]

The star player in America’s biggest sporting event risks being benched: guacamole. Every year before the Super Bowl, demand soars for the avocado-based dip that has become a staple for viewing parties for the National Football League championship game, which has emerged as the second-largest day for food consumption in the US after Thanksgiving. This year’s supply was threatened by a spike in avocado prices late last […]

The Panama Papers committee of the European Parliament  wants to speak to Nationalist MPs Tonio Fenech and Beppe Fenech Adami, the Times of Malta has learnt. Although widely known as the Panama Papers committee, it has a wider remit, which includes investigating alleged breaches of money- laundering, tax-avoidance and tax-evasion rules across the EU. The committee will pay a fact-finding visit to Malta next month. Last year, […]

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ANKARA Turkey’s parliament approved the first seven articles in a second round of voting overnight on a constitutional bill that will extend President Tayyip Erdogan’s powers, keeping the reform on course for a spring referendum. The two largest opposition parties in parliament say the 18-article bill, which could enable Erdogan to rule until 2029, will fuel authoritarianism in the NATO member and European Union candidate country. The […]

While ECB President Mario Draghi may sound slightly hawkish at tomorrow’s press conference after an unexpectedly strong acceleration in CPI in December and European economic growth modestly picking up, the ECB is set to argue on Thursday that its extra-easy policy stance is still needed to keep the recovery on course. As a result, it is all but certain to leave current monetary policy in place and […]

New Zealand is pressing to finalise a stalled free trade deal with the six-nation Gulf Cooperation Council (GCC) that includes two of the Middle East’s largest economies, Saudi Arabia and the United Arab Emirates. Trade Minister Todd McClay visited the UAE and Kuwait this week in an effort to promote the deal with the GCC, his country’s sixth largest trading partner. The GCC comprises Saudi Arabia, the […]

Members of the new Hydrogen Council at the Davos World Economic Forum on January 17, 2017. Major industrial groups have decided to join forces to promote hydrogen as a source of energy, with the focus on reducing greenhouse gas emissions Over a dozen leading European and Asian firms have teamed up to promote the use of hydrogen as a clean fuel and cut the production of harmful […]

By Ingrid Melander | PARIS PARIS France’s ruling Socialist Party (PS) will stay in the running for the presidency no matter what despite poor opinion poll ratings, its top official said on Wednesday, while acknowledging a divided Left has little chance of winning. President Francois Hollande’s PS party and its allies are this month choosing their candidate for the presidential election, in primaries which secretary general Jean-Christophe […]

Senior British ministers struck a combative note on Brexit negotiations a day after Theresa May’s speech on the UK’s objectives, with Boris Johnson likening François Hollande to a world war two prison guard. The foreign secretary was responding to comments by an adviser to the French president that Britain could not have a better deal outside the EU than it currently enjoys. “If Mr Hollande wants to […]

The cruise map is ever expanding and 2017 will see new ports of call make their mark. We look at some of the most unusual and alluring of them. newslide Doha and the UAE The Arabian Gulf cruising market is still relatively young compared to most established destinations such as the Caribbean and Mediterranean, but it’s quite clear that Qatar wants a piece of the action. Doha […]

Before she spoke on Tuesday, Theresa May was gaining a reputation for talking sterling lower by spooking investors that Britain was headed to a disorganised exit from both the EU and its common market. Her Lancaster House speech was the first occasion the pound rallied to her Brexit views since becoming prime minister; it had risen nearly 3 per cent by the end of the London trading […]

VIENNA The head of Austria’s far-right Freedom Party, Heinz-Christian Strache, has said he will travel to Washington for meetings “on the sidelines of” the inauguration of President-elect Donald Trump, though he did not specify who. In a statement on his Facebook page, the head of the anti-immigration Freedom Party (FPO) did not say whether he would attend the inauguration ceremony on Jan. 20, but did state he […]

By Elisabeth O’Leary | EDINBURGH EDINBURGH The British government’s plan for leaving the European Union is “economically catastrophic” and Scotland must have the option of voting for independence if its views on Brexit are rejected, Scottish First Minister Nicola Sturgeon said on Tuesday. Sturgeon, who leads the pro-independence devolved government, was speaking after British Prime Minister Theresa May signalled Britain would quit the European Union single market […]

A senior member of Donald Trump’s team insisted that the president-elect was committed to globalisation, open trade and Nato despite recent comments that unsettled America’s allies. Anthony Scaramucci, Mr Trump’s newly appointed public liaison official, told the World Economic Forum in Davos on Tuesday that the European and American elite had misunderstood Mr Trump and would change their views when he took office. In particular, he argued […]

Theresa May’s first big speech on Brexit since she became prime minister removed some of the political uncertainty that has dogged the pound. However, the messiness of the politics of Britain’s exit from the EU still tops the lost of reasons why sterling will remain under pressure. A list of the pound’s pros and cons quickly shows why it is languishing at levels last seen in the […]

LONDON British Prime Minister Theresa May said on Tuesday she would put the final agreement on Britain’s exit from the European Union to a vote in parliament. May said there would have to compromises in the negotiations but it was important to provide “as much certainty as possible” and there would be proper scrutiny. “When it comes to parliament, there is one other way I would like […]

By Kylie MacLellan and William James | LONDON LONDON Britain will not seek a Brexit deal that leaves it “half in, half out” of the EU, Prime Minister Theresa May will say on Tuesday in a speech setting out her priorities for divorce talks which indicates she is prepared to leave the single market. Sterling, which has traded at the lowest levels against the U.S. dollar for […]

Facebook is throwing its weight behind French tech by choosing Paris to launch its first official start-up incubator, as the battle heats up among European capitals to lure the best tech companies following the Brexit vote. The social media giant announced on Tuesday it had become a founding partner in Station F, a €250m start-up campus in central Paris that is set to be the largest in […]

By Daren Butler | ISTANBUL ISTANBUL Turkish police have captured the suspected gunman who killed 39 people in an Istanbul nightclub on New Year’s Day after a two-week nationwide manhunt, with state media saying he was seized along with four other suspects at a hideout in the city. State-run Anadolu news agency said the alleged attacker, whom it and other media named as Abdulgadir Masharipov, was detained […]

ISTANBUL, Turkey: The gunman suspected of killing 39 people in an Istanbul nightclub on New Year’s Day has been caught in the city’s Esenyurt district, the Hurriyet newspaper website and other media reports said on Tuesday.The reports could not be confirmed; but Hurriyet said the man, who media quoted police as saying had operated under the cover name Ebu Muhammed Horasani, was caught in an operation along […]

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Just in:
OpenAI introduces GPT-6 Cyber with restricted security access // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Technology shares plunge as Nasdaq enters correction // TVM –Mangaluru Vande Bharat claims top spot // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // CM disputes Vijayan’s claims // Kochi police detain two actors over bid to honey trap doctor // ADIA subsidiary seeks $7.5 billion private investment financing // Dubai Future District Fund and Buimerc formalise cooperation // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Excise chief shunted out in bar licence dispute // Ningbo Consensus on Collaborative Development released at 2026 Global Mayors Dialogue · Ningbo // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences // Microfinance case trouble for Vellappally // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Oil advances towards $100 as tanker attacks persist // OpenAI abandons secrecy agreements for future data centres // Elephant calf on death line airlifted for treatment in Gujarat // Emaar approves Development buyout ahead of planned delisting //