OIAPOQUE, Brazil – Deep beneath the waters of the Atlantic off Brazil’s most northern coast, French major Total SA is hunting for what it hopes will be Latin America’s next big oil discovery. Metal drill bits, pipes and containers filled with equipment sit in the tropical port of Belém, near the mouth of the vast Amazon River, ready to sink the first exploratory wells 120 km (75 […]
Pantech, Korea’s third-largest handset maker, has suspended its smartphone business and will commence restructuring, a move that could see it end for good despite surviving a dramatic bankruptcy filing two years ago. In an email to employees, Jung Jun, the chairman of Optis, the parent company of Pantech, said the company will halt production of smartphones and commence the restructuring. The company will retain its Internet of […]
Manama Bahrain, 11th May 2017 Bahrain Cinema Company, market leaders in the entertainment industry in the Kingdom of Bahrain, announced the launch of the second branch of the authentic Indian and Chinese cuisine restaurant, Takatak, along with a first of its kind Indian street food cuisine restaurant, Chaat & Chai, at Lulu Mall, Hidd on 11th May 2017. A number of exclusively invited VIPs attended the launch […]
BT’s own goals cost the boss dearly. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Two months ago, all Paris St Germain had to do to reach the quarter finals of the European Champions League was not concede three goals in the final 2 minutes of their match against Barcelona. Barcelona’s ensuing […]
11 May 2017 The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it achieved a total operating income of US$ 249 million during the first quarter of 2017 and the total financing and investments recorded slight increases at the end of March 2017 compared to end of December 2016. Al Baraka Banking Group has continued during the first quarter of 2017, […]
10 May 2017 BP today announced that it has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt’s national grid on 24 March 2017 and the commissioning of all nine wells of the development’s first two fields and […]
Your daily guide to community and cultural activities across the Emirates for May 10, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Workshop Book your […]
BERLIN Chancellor Angela Merkel’s conservatives could form a three-way coalition with the liberal Free Democrats (FDP) and the pro-environment Greens after a September parliamentary election, a poll released by the Forsa Institute on Wednesday showed. Such a “Jamaica coalition” – a reference to the black, yellow and green colours of the Jamaican national flag – is already under discussion in the northern state of Schleswig-Holstein after Merkel’s […]
On a cold, rainy day at the end of April, more than 30 people gathered at a co-working space in Charlotte, North Carolina for a public conversation about the future of news in the state. Five days later, more than 50 people got together for a similar conversation at a jazz club in downtown Durham. At both events, attendees — which included local journalists and community activists […]
Moon Jae-in has triumphed in the South Korean presidential election with over 40 percent of the vote, according to exit polls. But the liberal leader’s solid victory can’t patch over deeper political wounds. Just as the United Kingdom’s vote to leave the European Union left British society divided and Donald Trump’s election polarized Americans, the impeachment of Park Geun-hye has split South Korea. While more than 75 […]
Members of President Donald Trump’s cabinet have a new catchphrase for how they see the future role of the US: not just “energy-independent”, but “energy-dominant”. As Ryan Zinke, the interior secretary, put it at an industry conference in Houston last week: “Dominance is what America needs.” It would be tempting to dismiss that talk as hype, except that every week the US energy sector is coming up […]
By Venus Wu and Stefanie McIntyre | HONG KONG HONG KONG A former senior Hong Kong official and a billionaire property tycoon arrived in court on Tuesday to appeal against a corruption charge more than two years after they were jailed in one of the city’s most high profile corruption cases. Rafael Hui, who headed the Hong Kong government civil service from 2005 to 2007, was sentenced […]
BOSTON When the Masjid Al-Kareem mosque in Providence, Rhode Island, received a threatening letter in November calling Muslims a “vile and filthy people,” its members were frightened enough they asked for and got extra police protection. The 42-year-old mosque was far from alone. The letter it received was one of 2,213 anti-Muslim bias incidents in the United States last year, according to a report released Tuesday by […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices edged up on Tuesday, driven by anticipation that an OPEC-led pledge to cut production would be extended beyond the first half of the year and into 2018, although overall high supply still weighed on markets. Brent crude futures, the international benchmark for oil prices, were at $49.60 per barrel at 0045 GMT on Tuesday, up 26 cents, or 0.5 […]
TOKYO The International Monetary Fund called on Asian economies to learn from Japan’s experience and act early to cope with rapidly ageing populations, warning that parts of the region risk “getting old before becoming rich.” Asia has enjoyed substantial demographic dividends in the past decades, but the growing number of elderly is set to create a demographic “tax” on growth, the IMF said in its economic outlook […]
Former U.S. President Barack Obama reportedly warned current President Donald Trump against hiring Mike Flynn as his national security adviser, former White House officials revealed. Obama warned Trump about Flynn in the days following the 2016 Presidential Elections, but the warning went under the radar so far. News now came to light just as former acting Attorney General Sally Yates is about to testify that Flynn made misleading […]
ALGIERS Libya’s neighbours and the United Nations on Monday voiced their support for a meeting held last week between the North African country’s main rival figures, the head of the U.N.-backed government, Fayez Seraj, and eastern commander Khalifa Haftar. The two men had held talks in Abu Dhabi, their first in more than a year and a half, over a U.N.-mediated deal that Western powers hope will […]
Film musical Beauty and the Beast and Netflix’s sci-fi newcomer Stranger Things were the night’s big winners at the MTV Movie & TV Awards, picking up two trophies apiece. This year, the 26th edition of what was formerly known as the MTV Movie Awards, television was added into the mix for the first time. Stranger Things was named Show of the Year, and its young breakout star, […]
BERLIN Europe’s political establishment entered 2017 in a state of panic. Britain had voted to leave the European Union six months before and the United States had just elected a president who was hostile to their grand project and the values it stood for. The same forces that had led to Brexit and Donald Trump – popular anger with distant elites, economic inequality and immigration – threatened […]
LONDON The euro topped $1.10 for the first time since the U.S. elections on Sunday and climbed to a one-year high against the safe-haven yen on relief that Emmanuel Macron had beaten the far-right Marine Le Pen to clinch the French presidency. Early projections showed the market-friendly, pro-EU candidate Macron had been voted in with about 65 percent of the vote, comfortably defeating Le Pen, a nationalist […]
Two Emiratis who went to treat the suffering in conflict zones are fine examples of the spirit needed to win the Abu Dhabi Award. ABU DHABI // Dr Ayesha Al Memari and Dr Aysha Al Dhaheri imagined a life walking the wards of a modern hospital when they embarked on their careers. But when the call came, they left their duties to go on missions they now […]
By Noah Barkin and Leigh Thomas | BERLIN/PARIS BERLIN/PARIS After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise. Emmanuel Macron, a former investment banker who quit the government of Francois Hollande twice out of frustration with the slow pace of reforms, is promising […]
In a week that started with big oil and US shale producers trumpeting their ability to thrive in a world of $50 a barrel crude, the market had a very quick response: let’s see if you can do it at $45. A brutal sell-off across commodity markets this week has quickly taken the shine off strong first-quarter results that would otherwise have been viewed as a triumph […]
When you purchase a Samsung smartphone and login to your Samsung account on the device you are sent a 30 percent coupon code to purchase an accessory priced at $59.99 or less. I used mine to buy the Galaxy S8 Plus keyboard cover, priced at $59.99 ($42 with 30 percent coupon). After I purchased my Samsung Galaxy S8 Plus, see my full review, I was thinking I […]
