Dow 20,000 is here at last. No regular reader — or indeed, any sentient and sensible human being — should base any investment decision on the Dow. Its methodological flaws are irremediable. And in any case, round numbers should not matter. One brief illustration of the Dow’s primitive methodology will suffice. Just five of its stocks — Goldman Sachs, IBM, Boeing, UnitedHealth and JPMorgan Chase — account […]
Wednesday 14:35 GMT Overview Major global stock markets are rallying as the Dow Jones Industrial Average breaches 20,000 amid revived hopes for faster US growth. Benchmark sovereign bonds yields are rising, but oil and gold prices are moving lower despite a weaker dollar. Hot topic The “Trump trade” is back on and it has the Dow through 20,000 for the first time? The average, though a price-weighted […]
DUBAI // The emirate’s oldest dog rescue centre is preparing for its annual rush, as the novelty of puppies bought as Christmas gifts begins to wear off and owners realise the work, training and love needed to keep a pet. Each year hundreds of dogs are abandoned in the emirate, with staff at K9 Friends Dubai taking calls daily to look after dogs left by owners who […]
Comedy Central, which launched its Middle East channel (available on OSN) last January, is about to launch is first regionally produced show. Comedy Central Presents will follow in the footsteps of its namesake on the US channel by making (or breaking) the careers of the finest stand up comics in the region. The show, which was filmed in Stereo Arcade, Dubai, will be hosted by Emirati comic […]
– Top selling agents from more than 39 GCC travel companies hosted from 16-19 January 25 January 2017 Dubai, UAE – This month Dubai welcomed over 50 delegates from across the GCC in two familiarization trips including travel and tourism industry VIPs and representatives. With the GCC contributing 24% of all visitors to Dubai from January – November 2016, it continues to be a key focus for […]
Aside from the LG Watch Sport and Watch Style, the Huawei Watch 2 is another wearable running Android Wear 2.0 that’s expected to launch soon, and it might be unwrapped at the 2017 Mobile World Congress. What’s interesting about the Chinese company’s offering is that there’s reportedly going to be at least one version that supports cellular connectivity. Getting Into The Specifics: Huawei Watch 2 Specs And […]
Authorities in the United Arab Emirates have opened an investigation into a visit by Kim Kardashian to a Dubai government children’s charity this month and suggested it undermined local values, a state-owned newspaper reported. Kardashian concluded a brief stay in the Gulf Arab emirate last weekend, shopping at the sprawling Mall of the Emirates and attending a masterclass there on makeup. However, the Emarat al-Youm newspaper quoted […]
Hair has amazing properties including its unique structure and steel like strength. Now new research is exploring the use of hair in many unknown areas including the making of body armor to protect police personnel. The new pitch on using hair for armor has been raised by researchers from the University of California. They examined hair at a nano level to leverage the strong properties in the making […]
Photo The Golden State Warriors lined up on Monday night during their 105-102 loss to a struggling Miami Heat team. Credit Mike Ehrmann/Getty Images When the Golden State Warriors added the superstar Kevin Durant to the greatest regular-season team in N.B.A. history, the general reaction was that the season was effectively over. Fans, sportswriters and even opposing players began to speculate on how many more titles the […]
By Richard Balmforth | PARIS PARIS The frontrunner in France’s presidential election race, conservative Francois Fillon, acknowledged on Tuesday that his wife had worked for him when he was a legislator, but denied a media report that she had been paid for fictitious employment. Fillon, 62, a former prime minister who is tipped to win the presidency in May, acted quickly to dampen possible scandal after a […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. A fashionista friend in the White House press corps answered this lingering question after Sean Spicer’s much-anticipated first briefing: What exactly was the glaring color of that jacket worn by Kellyanne Conway? “Tomato?” she guessed. Well, it was especially vivid […]
BERLIN Volkswagen (VOWG_p.DE) said it will halt production at one of its biggest auto-making factories in Germany on more days than originally planned because of shrinking demand for the Passat saloon and estate models. Production of the Passat at VW’s northern German plant in Emden will be stopped on Feb. 16-17 and Feb. 21, a spokesman said, adding to disruptions agreed earlier this month. Europe’s largest automaker […]
When it came out, the Galaxy Note 7 was nearly universally revered for standing as a sterling flagship released by Samsung in the second half of 2016. That is until several units began exploding. Thought at first as simply battery charging mishaps, a continuous influx of reports soon revealed that the problem was more insidious, and it may have stemmed from battery flaws or the phone’s manufacturing process. […]
ASTANA, KAZAKHSTAN: Syrian opposition vowed Monday to keep fighting if the peace talks fail with the war-torn country’s government in Kazakhstan, as the two sides opened indirect negotiations.The talks had been billed as the first time armed opposition groups would negotiate directly with President Bashar Assad’s regime since the conflict erupted in 2011.“If the negotiations succeed, then we are with the negotiations,” opposition spokesman Osama Abu Zeid […]
Three of the world’s largest textbook publishers have subpoenaed Amazon to reveal the names and financial accounts of online vendors who allegedly sell counterfeit books at “too good to be true” prices. Pearson Education, Cengage Learning and McGraw Hill Education are suing 100 unnamed Amazon marketplace sellers for copyright infringement. In a complaint filed in New York federal court earlier this month, the publishers accused the sellers […]
By Ian Simpson | WASHINGTON WASHINGTON A powerful storm system plowed up the U.S. Eastern seaboard with torrential showers and high winds on Monday, hindering airline and rail travel, after killing at least 21 people in the South, many in mobile homes demolished by tornadoes. The storm, which unleashed deadly twisters in Mississippi and Georgia over the weekend, turned cooler as it advanced on the Northeast, where […]
The highly anticipated Tekken 7 is officially set to launch this June on the PlayStation 4, Xbox One and PC. A June release is slightly later than the “early 2017” timeframe that was previously announced, but it’s still good to have official confirmation that the game is on track for a release in the first half of this year. Coming as the next entry in the fighting franchise […]
The lead government negotiator, Bashar al-Jaafari, speaking to reporters after the opening session, responded by calling the opposition delegation “armed terrorist groups,” and accused them of “impertinent” and “provocative” behavior. Continue reading the main story The tension demonstrated the challenges that remain for Russia, the Syrian government’s most powerful backer, as the Russian government tries to show its approach can accomplish more than the largely fruitless efforts […]
LONDON Britain’s Guardian newspaper is considering becoming a tabloid and outsourcing printing to a rival such as Rupert Murdoch’s News UK as one of a series of options to cut costs, sources told Reuters. Publisher Guardian Media Group (GMG) said last year it needed to make savings of 20 percent to stem underlying losses that widened to 62.6 million pounds ($78 million) for the year to April […]
Credit: Lancaster University The popular Pattern Lock system used to secure millions of Android phones can be cracked within just five attempts – and more complicated patterns are the easiest to crack, security experts reveal. Pattern Lock is a security measure that protects devices, such as mobile phones or tablets, and which is preferred by many to PIN codes or text passwords. It is used by around […]
Doha Bank, Qatar’s fifth-largest lender by assets, reported a 84.8 percent decline in fourth-quarter net profit on Sunday, according to Reuters calculations, missing analyst expectations. The bank earned a net profit of 35 million riyals ($9.61 million) in the three months to Dec. 31 against 231.4 million riyals in the same period of the previous year, Reuters calculations showed, using financial statements in lieu of a quarterly […]
The Syrian government and rebels opened talks in Kazakhstan on Monday as part of a Turkish and Russian-backed effort to end the Arab state’s near six-year civil war. It is the first time the warring parties have held negotiations in a year, and if successful could mark a turning point in a conflict that has killed an estimated 400,000 people, while also underlining the increasing roles of […]
Abu Dhabi’s government merged two of its top investment funds on Saturday to strengthen their financial clout in an era of low oil prices, creating a company with assets totalling about $125 billion. The new fund, Mubadala Investment Co, was formed by merging Mubadala Development Co and International Petroleum Investment Co, which own corporate stakes in the energy industry and other sectors across the world. The new […]
By Scott Malone and Ginger Gibson | WASHINGTON WASHINGTON Hundreds of thousands of women filled the streets of major American cities to lead an unprecedented wave of international protests against President Donald Trump, mocking and denouncing the new U.S. leader the day after his inauguration. Women activists, outraged by Trump’s campaign rhetoric and behavior they found to be especially misogynistic, spearheaded scores of marches in the United […]
