People ride Ofo-bicycles in Shanghai Unlock them with an app, drop them off anywhere, and nip past lanes of stationary car traffic: the humble bicycle is seeing a revival in China as a new generation of start-ups help tackle urban congestion and pollution with fleets of brightly coloured two wheelers. The bike-share concept has attracted huge venture capital as fledgling firms wrestle for market share. Such has […]
By Andrew Chung and Mica Rosenberg | NEW YORK NEW YORK Washington state’s attorney general has promised to uncover “what truly motivated” President Donald Trump’s executive order on immigration, an approach that could prompt a rare public examination of how a U.S. president makes national security decisions. The presidential order imposed a temporary ban on travelers from seven predominantly Muslim countries, but a federal judge has barred […]
13 February 2017 Full year revenues stood at AED 173.8 million (2015: AED 178.2 million) Group losses reduced by 30% year on year as firm continues with stringent cost control and gears up for 2017 long term strategy implementation Real Estate Investment Management and Investment Banking business lines recorded systematic increase in profits Turnaround of the Group’s operations expected during 2017 Advertisement SHUAA Capital today reports results […]
By Tetsushi Kajimoto and Stanley White | TOKYO TOKYO Japan’s economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery. Data on Monday showed the world’s third-largest economy grew an annualized 1.0 percent in October-December, roughly in line with […]
Experiments with advanced technology could soon test an idea developed by Albert Einstein almost exactly a century ago, and settle a longstanding puzzle over what is driving the accelerated expansion of the universe. (via WSJ)
US President Donald Trump has warned US airlines that foreign rivals “bring big investments” while pledging to support them amid tough competition, in the latest indication of his stance in the ongoing dispute between Gulf and US carriers. The new president told a White House meeting with the country’s largest airlines, air freight companies and airports on Thursday that he would support the US aviation industry in […]
Photo Prime Minister Benjamin Netanyahu of Israel said on Sunday that he and President Trump “have known each other for years.” Credit Pool photo by Gali Tibbon JERUSALEM — As President Trump appeared to shift closer to the political center on several contentious policies on Israel, Prime Minister Benjamin Netanyahu suggested on Sunday that it was unrealistic to expect their two countries to agree completely on all […]
By Jeffrey Heller | JERUSALEM JERUSALEM Prime Minister Benjamin Netanyahu said on Sunday he would present “responsible policies” in talks with U.S. President Donald Trump, signalling to the Israeli far-right to curb its territorial demands in the occupied West Bank. Netanyahu leaves for Washington on Monday and will see Trump at the White House on Wednesday for their first meeting since the Republican’s inauguration last month, with […]
Though steep print ad revenue losses persisted in the fourth quarter of 2016, Gannett and McClatchy both reported today slightly improved financial performance heading into the new year. Gannett’s USA Today Network posted a revenue gain compared to the same period in 2015, even though print ads declined at about the same rate as in the third quarter — 15.4 percent. But most of the added revenue […]
Six Construct has announced the completion of the Gabbro Terminal expansion project in Mesaieed for Qatar Primary Materials company (QPMC). The work has doubled the capacity of the terminal by replacing the current operation system (4,000 daily rotations) with a conveyor system, which will help boost the terminal’s annual turnover to 30 million tons of aggregate, the company said in a statement. To support the new supply […]
Qatar Petroleum is the hidden giant of the global energy industry, overshadowed by its neighbor Saudi Aramco. Yet, the country’s colossal natural gas resources allow the state-run company to pump more oil and gas than Rosneft PJSC or Exxon Mobil Corp. After almost two decades of breakneck growth, the company needs to change tack. QP plans to expand abroad as domestic crude output declines and the government […]
SYDNEY Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries. The group’s billionaire founder Jack Ma, who spent time in Australia as a young man, said he hoped the e-commerce giant would help Australian and New Zealand businesses “share their […]
Every time I take a spin through my Facebook or Twitter feeds, I’m reminded that there’s only one big story right now: Trump, Trump, Trump. For news organizations that wrestle with what coverage their community is most likely to consume, this is one of those rare moments when the mystery is solved. Give ‘em Trump. Love him or loathe him, they can’t get enough. But if the […]
New Yorkers march against Trump executive order on immigration. INQUIRER/Elton Lugay NEW YORK—When nurse practitioner Cristina Pajara saw a post on an alleged travel ban to include the Philippines, she wasted no time in canceling her scheduled trip to the homeland next month. “Nothing is certain under this new government, I don’t want to take my chances,” Pajara, a nurse practitioner based in Las Vegas told INQUIRER.net. She is among many Filipino Americans who are skeptical about traveling to the Philippines during these “uncertain […]
Submitted by Mike Maharrey via The Tenth Amendment Center, A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money. Rep. Ken Ivory (R-West Jordan) introduced House Bill 224 (HB224) on Jan. 27. The legislation would add […]
The White House has said that Israel’s settlement building programme “may not be helpful”, marking the Trump administration’s first public response to a construction spree on Palestinian lands announced by the government of Benjamin Netanyahu in recent days. The statement, issued two weeks before Mr Netanyahu is due to visit President Donald Trump in Washington, is a rap on the knuckles for the Israeli prime minister, who […]
In a potential boost to Prime Minister Narendra Modi’s “Make in India” initiative, tech giant Apple Inc. is nearing a deal with Taiwanese contract manufacturer Wistron Corp. to start making products in the southern state of Karnataka, a senior state official said. “The contractual agreement between the two companies is on the verge of being signed,” the Karnataka government official who has direct knowledge of the matter […]
European stocks and S&P futures rose modestly ahead of January US payrolls data, along with the dollar, while Asian shares dropped after China returned from a week-long holiday. Bonds slid, oil rose while the JGB intervened in the bond market to prevent a bond rout, in one of two major surprises during the Asian session. As reported last night, having closed at 0.109% yesterday the 10y JGB […]
Conservative Republicans are girding themselves for a clash with Donald Trump’s administration, warning that lax spending plans could put national debt on a steeper upward trajectory. The president has wrongfooted Republican deficit hawks by proposing to slash tax, protect social security and Medicare, boost defence spending and build a wall along the border with Mexico. Some lawmakers fear even fiscally conservative colleagues will buckle in the face […]
Passive investors could control over half of US stock and bond markets by 2021, according to Moody’s research — a trend that is illustrated by the strong start to this year for exchange traded funds. US actively-managed funds faced net outflows last year of $340bn as investors poured $505bn into passive products such as ETFs that track indices, according to data from Morningstar, a research service. The momentum […]
By Leika Kihara and Tetsushi Kajimoto | TOKYO TOKYO Japan will push back firmly on any attempts by U.S. President Donald Trump’s administration to meddle with its independence on setting currency and monetary policies, say sources familiar with the deliberations in Tokyo. It was the first clear sign from Japan that Tokyo won’t allow Trump to dictate domestic economic policy, leaving room for potential tensions between the […]
The Australian Competition and Consumer Commission (ACCC) has made the final decision to continue regulating wholesale ADSL internet services for the next five years during the migration of customers onto the National Broadband Network (NBN), saying it will help promote competition against Telstra’s continuing dominance. The regulation of ADSL is designed to ensure any-to-any connectivity and the long-term interests of end users (LTIE), encourage the economically efficient […]
WASHINGTONThe White House said on Thursday Israel’s building of new settlements or expansion of existing ones in occupied territories may not be helpful to achieving peace with Palestinians.“While we don’t believe the existence of settlements is an impediment to peace, the construction of new settlements or the expansion of existing settlements beyond their current borders may not be helpful in achieving that goal,” the White House said […]
WASHINGTON The Trump administration said on Thursday Israel’s building of new settlements or expansion of existing ones in occupied territories may not be helpful in achieving peace with Palestinians, adopting a more measured tone than its previous pro-Israel announcements. In a statement issued two weeks before Israeli Prime Minister Benjamin Netanyahu is due to visit U.S. President Donald Trump, the White House said the administration “has not […]
