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Bubbly home prices in London’s most exclusive neighborhoods continue to deflate and have just recorded their largest December decline since the “great recession” in 2010.  According to Bloomberg, asking prices in London dropped 4.3% in December with inner London down 6%.  Meanwhile, the most exclusive neighborhoods, like Kensinton and Chelsea, have recorded even sharper declines at nearly 10% as home buyers have migrated to cheaper areas of […]

Michael Moritz – chairman of Sequoia Capital and one of the most successful venture capitalists in history – says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups. “The movement of goods and services and people, by easier, more convenient means,” he said in an interview. “That’s a huge trend, enabled by smartphones.” Led by Sequoia and another blue-chip Silicon […]

International heads of state named on the rolls of clandestine companies in tax havens. Canada’s big banks facilitating tax avoidance through thousands of offshore enterprises. Strawmen fronting businesses to mask the identities of the real owners. After a year-long investigation into 11.5 million leaked tax haven documents, the Panama Papers were finally made public last April — and they landed like a bomb. […]

3D printing is often touted as a great tool for designers to test and refine their designs prior to manufacturing. But you can do a lot more with 3D printing, even with inexpensive home printers. For example, you can use a 3D printer to create and produce a replacement part for something you use every day. In my case, I made a replacement back cover for a […]

The Samsung Galaxy S8 and Galaxy S8 are already among the most hotly anticipated smartphones of 2017 and foldable screens could make them worth the wait. Following the disastrous Galaxy Note 7 release this year, which ended up with two recalls and a kill switch to permanently disable it, Samsung has some serious catching up to do and it needs to come up with something big for […]

Oil prices surged above $57 a barrel for the first time since July 2015 on Monday, rallying as much as 6.5 per cent after the Opec cartel clinched a long-sought supply pact with Russia and other big crude exporters. Russia led a loose coalition oil producers from outside Opec, including Oman, Mexico and Kazakhstan, in an agreement signed this weekend to reduce supply by 558,000 barrels a […]

By Ahmed Rasheed | BAGHDAD BAGHDAD Several thousand Iraqi federal police are ready to join the assault against Islamic State in east Mosul, a spokesman said on Monday, reinforcing troops who have faced weeks of fierce counter-attacks from the militants. The extra forces are being deployed as the gruelling U.S.-backed campaign to crush Islamic State in its Iraqi stronghold enters its ninth week. Elite army troops have […]

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Gabriel Yared begins every day the same way. He gets up, and reaches for a Bach score, burying his head in the baroque master’s music. “Why do I do this? I put a ceiling of perfection and beauty over my day, and every day is the same to me – trying to reach beauty,” says the celebrated French-Lebanese film composer, who was honoured with a Lifetime Achievement […]

This is part of a series on the global rise of exchange traded funds Each day, the investing public hears news of the latest developments in exchange traded index funds (ETFs). But rare is the mention of traditional index funds, which I call Tifs, although the acronym has yet to gain acceptance. In 1976, I created the first Tif. It was named First Index Investment Trust (now […]

The NSW Department of Industry’s Division of Resources and Energy (DRE) has tasked Singapore-based data startup Latize with helping it transform mining safety and incident analysis processes using data intelligence. While the value of the contract has not been disclosed, Latize said DRE is the first local government client it has acquired since opening up an office in Sydney in June. The deal comes at a time […]

Even in today’s increasingly globalised, genre-melding world of music, many fans remain remarkably territorial – none more so than the stereotypically snobby classical connoisseurs. Yet different genres more in common that you might think, and a series of concerts, hosted as part of the Abu Dhabi Classics, aims to explore and expose the relationship between classical and pop music, with the help of a man who has […]

The first global crude supply pact in 15 years has underlined the growing energy alliance between Saudi Arabia and Russia, as the depth of the two-year oil slump forces co-operation between once unlikely partners. Russia led the main oil producers from outside the Opec cartel, including Mexico and Kazakhstan, in a deal signed this weekend to reduce supply by 568,000 barrels a day — with Moscow, the […]

It was a wild second half, made even wilder as the Eagles resorted to sideline tryouts for a new longsnapper after a series of injuries. Brent Celek, a tight end, was sent out for one attempt but his snap was fumbled by Donnie Jones resulting in a turnover on downs that Washington converted into a touchdown. Trey Burton, also a tight end, then got a shot and […]

Opec has won the backing of countries outside the oil cartel to join supply cuts for the first time since 2001, overcoming the final major obstacle for a global agreement to curb output. Russia, the biggest oil exporter outside the group, alongside 10 other countries such as Mexico, Oman and Azerbaijan on Saturday agreed to reduce their production by 558,000 barrels a day. A new geopolitical dynamic […]

By Doina Chiacu and Howard Schneider | WASHINGTON WASHINGTON U.S. President-elect Donald Trump rejected as “ridiculous” reported U.S. intelligence findings that Russia intervened in the presidential election on his behalf through targeted hacking, saying he did not believe it, according to an interview on “Fox News Sunday.” The Republican president-elect’s comments casting doubt on reported U.S. intelligence findings pits him against some leading foreign policy voices in […]

DUBAI Iran may spare the life of businessman Babak Zanjani, sentenced to death for fraud, if he can pay back large sums he owes to the government for oil sales despite sanctions, a judiciary spokesman said on Sunday. Earlier this month, Iran’s supreme court upheld the death penalty against Zanjani, accused by prosecutors of owing the government more than $2.7 billion for oil sold on behalf of […]

More than ever before, these articles pulled the curtain back on how an estimated $100 billion in undeclared money has been siphoned from Canada into offshore tax havens. Since the first investigations were published, the federal government has invested almost $500 million in the Canada Revenue Agency aimed at tougher tax enforcement, launched investigations into 85 Canadians identified in the Panama Papers and compelled banks to divulge […]

By Angus McDowall | BEIRUT BEIRUT When President Bashar al-Assad turns from the wreckage of Aleppo to assert his authority across a fractured Syria, it will be as a figure who is virtually unassailable by rebels, but still faces great challenges in restoring the power of his state. The expected fall of Aleppo would mean rebels have almost no chance of ousting Assad, but their revolt has […]

Photo Alexander Novak, Russia’s energy minister, left, with Khalid Al-Falih, Saudi Arabia’s energy and industry minister, after OPEC members and 12 other countries met in Vienna, Austria, on Saturday. Credit Lisi Niesner/European Pressphoto Agency Russia and other oil producers agreed on Saturday to join OPEC nations in a rare, coordinated reduction in oil output meant to lift petroleum prices and revenues to shore up their sagging government […]

Ahead of next week, here are the big questions we are asking at FT Markets What signal will the Federal Reserve send? The last US central bank meeting of the year will unfold on Wednesday with all eyes on officials’ latest assessment of the economy and the press conference of Fed chief Janet Yellen. Plenty has changed since their previous gathering just before the US election. Dollar […]

By Ayman al-Warfalli | BENGHAZI BENGHAZI Just 10 people left a besieged neighbourhood in the east Libyan city of Benghazi on Saturday after forces surrounding the area said they would grant safe passage to trapped civilians, security and Red Crescent officials said. The eastern-based Libyan National Army (LNA) has been besieging the district of Ganfouda for months as it tries to take full control of Benghazi following […]

Submitted by Mac Slavo via SHTFPlan.com, The entire Pacific Coast of the United States, Canada and Mexico has been contaminated with radioactive particles from Fukushima. And finally, it is being officially acknowledged. This is really happening… It is a stark reminder that the effects from Fukushima radiation continually spilling into the ocean have not been abated. The site continues to leak highly toxic radioactive material to this […]

By Dominic Evans and Stephanie Nebehay | BAGHDAD/GENEVA BAGHDAD/GENEVA The Iraqi army said it took full control of two more districts of east Mosul on Saturday, pushing back Islamic State militants in a slow and hard-fought advance into the city whose 1 million residents face growing shortages of fuel, water and food. A military statement said elite Counter Terrorism Service (CTS) troops took over the neighbourhoods of […]

By John Irish | PARIS PARIS Backers of the Syrian opposition appeared resigned to the fall of eastern Aleppo on Saturday, with the United States urging Russia to show “grace” when officials meet in Geneva to try to reach a deal for civilians and fighters to leave the city. Syrian government and allied forces have in the last two weeks driven rebels from most of their territory […]

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