Shares in Toshiba fell more than 8 per cent as the troubled Japanese conglomerate missed its earnings deadline once again. The company on Tuesday confirmed that it has sought another extension to the deadline by which it must submit audited third-quarter earnings, amid uncertainty about the true extent of crisis at its US nuclear unit Westinghouse. The stock was down 8.1 per cent at ¥197.5 near midday […]
To investors still betting — either by choice or technical necessity — that Toshiba can pull off a miracle escape act, Monday night produced yet another dispiriting blow. With just hours left before the troubled Japanese conglomerate was due to submit its audited third-quarter earnings — an already overdue document critical to its continued status as a listed entity — sources close to the company confirmed that […]
By David Lawder | WASHINGTON WASHINGTON Fourteen million Americans would lose medical insurance by next year under a Republican plan to dismantle Obamacare that would also reduce the budget deficit, a nonpartisan congressional research office said on Monday, throwing President Donald Trump and Republicans on the defensive as they press forward with replacement legislation. The U.S. Congressional Budget Office forecast that 24 million more people would be […]
Researchers have shown how supermassive black holes may have formed in the early universe. They suggest that radiation from a neighboring galaxy could have shut down star-formation in a black-hole hosting galaxy, allowing the nascent black hole to rapidly put on weight. (via WSJ)
By Karen Freifeld | NEW YORK NEW YORK U.S. Secretary of State Rex Tillerson, the former chairman and chief executive of Exxon Mobil Corp (XOM.N), used an alias email address while at the oil company to send and receive information related to climate change and other matters, according to New York Attorney General Eric Schneiderman. The attorney general’s office said in a letter on Monday that it […]
QFC to create 10,000 jobs in the private sector QFC to license 1,000 firms by 2022 QFC appoints leading industry heads to Advisory Board QFC to launch New Law QFC launch biggest TV campaign to date Advertisement 14 March 2017, Doha – Qatar Qatar Financial Centre is on track to license 1,000 new firms and create 10,000 jobs by 2022, Qatar Financial Centre (QFC) Authority CEO Yousuf […]
By Jeff Mason and Mark Hosenball | WASHINGTON WASHINGTON The Department of Justice said on Monday it had requested more time to respond to a request from lawmakers on the House of Representatives Intelligence Committee for evidence about President Donald Trump’s allegation that then-President Barack Obama wiretapped him. Earlier this month, without evidence, Trump accused his predecessor of wiretapping him during the 2016 election campaign. A spokesman […]
By Se Young Lee and Jane Chung | SEOUL SEOUL The head of South Korea’s Samsung Group [SAGR.UL], Jay Y. Lee, may be languishing in a jail cell but he is allowed plenty of visitors, which may allow him to play a key role in corporate decisions even if he isn’t running the conglomerate like he did before. Lee, who didn’t attend last Thursday’s preparatory hearing for […]
LONDON British Prime Minister Theresa May is preparing to reject Scottish First Minister Nicola Sturgeon’s demand for an independence referendum on the eve of the United Kingdom’s exit from the European Union, the Times newspaper reported. “The prime minister has said this would mean a vote while she was negotiating Brexit and I think that can be taken pretty clearly as a message that this timing is […]
If Gavin James needs a reminder that his life has changed radically in recent years, then the setting for this year’s St Patrick’s Day celebrations should do it. The popular singer co-headlines a big Irish bash at Dubai Media City Amphitheatre on Friday, a destination that would have sounded very distant when he started out, as a teenager in Dublin, performing traditional songs for tourists. Now, with […]
Photo Hosni Mubarak waved to supporters in 2015, on his 87th birthday, from the Maadi Military Hospital in Cairo. Credit Amr Nabil/Associated Press CAIRO — An Egyptian prosecutor ordered Hosni Mubarak, the toppled Egyptian autocrat, released from the Maadi Military Hospital in southern Cairo, where he has been held for much of the last six years. But as of Monday night, Mr. Mubarak, 88, still had not […]
By Kylie MacLellan and William James | LONDON LONDON British Prime Minister Theresa May cleared the final hurdle standing between her and the start of Brexit negotiations on Monday after parliament passed legislation giving her the power to start the EU exit process. Members of the lower house of parliament voted to throw out changes to the bill made by the upper house earlier this month, after […]
Moments ago, UK Parliament passed legislation giving prime minister Theresa May approval to start the Brexit process and allowing the government to invoke Article 50, with the House of Commons overturning amendments from the unelected House of Lords that sought to limit May’s room for maneuver. While press reports earlier said May could trigger Article 50 as early as Thursday, subsequent reports from Bloomberg suggested that she […]
By Suleiman Al-Khalidi | AMMAN AMMAN Aid workers are in a “race against time” to prevent famine threatening millions of people in Yemen, a senior U.N. official said in Monday. “We have about three months of food stored inside the country today,” Ertharin Cousin, executive director of the World Food Programme, told reporters in Amman after a three-day visit to the wartorn country. “We do not have […]
Starting next month, Microsoft will begin offering a preview of an on-premises/local version of its Dynamics 365 for Operations ERP product. Microsoft announced Dynamics 365 for Operations — a rebranding of Dynamics AX 7 and part of the Enterprise version of its newly combined Dynamics 365 CRM and ERP application bundle — in July 2016. At that time, officials said Microsoft would continue to offer on-premises versions […]
SEATTLE Aspiring property moguls take note – the town of Tiller, Oregon, is for sale, asking price just $3.5 million. For an extra $350,000, you can have the old school too. The mostly uninhabited, unincorporated town about 225 miles (362 km) south of Portland originally went up for sale in 2015, but that did not include the building that used to house the school, said Garrett Zoller, […]
By Irene Preisinger | MUNICH, Germany MUNICH, Germany German Chancellor Angela Merkel underscored the importance of free trade in a speech to business leaders in Munich, before her first trip to meet U.S. President Donald Trump in Washington for talks on a range of issues, including defense spending. Merkel had been due to meet Trump for more than two hours on Tuesday, but her trip was postponed […]
By Angela Moon | NEW YORK NEW YORK Airbnb, the leading online marketplace for short-term lodging, has no specific plans yet to go public, its chief executive officer Brian Chesky said on Monday. “We don’t have any announcement to make. We are working to make sure that the company is ready,” Chesky said at an event at the New York Exchange when asked about plans for an […]
Monday, March 13, 2017 Alwaleed Philanthropies (AP), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, announced an innovative new partnership with Thomson Reuters Foundation focused on empowering Saudi female journalists, during the first of its kind conference titled “The evolving role of women in Saudi Arabia” held in Riyadh on Saturday March 11, 2017. In partnership with Luxury KSA, and Smaat Company, the conference took […]
NIAMEY Niger’s appeals court on Monday sentenced an exiled former presidential candidate to a year in jail for child trafficking, the final ruling in a long-running case that his lawyers have dismissed as politically motivated. Hama Amadou, the main challenger to President Mahamadou Issoufou in last year’s presidential election, has been living in France since last year when he left Niger for health reasons just days before […]
When it comes to easing stress, insomnia and nagging, painful knots in the neck and shoulders, Chinese cupping therapy is one of the most effective therapies around. But it can be hard to find practitioners, painful when the cups that are suctioned to the skin are removed and weird to walk around with circular bruises all over your back for days after. That’s why I was intrigued […]
In a photo op at the start of their meeting, Mr. Netanyahu greeted Mr. Greenblatt warmly, addressing him as Jason, and said, “I hope we can do some good things together.” Mr. Greenblatt replied, “I think we are going to do great things together.” Once seated, he thanked Mr. Netanyahu for reorganizing his schedule, throwing in a “todah,” Hebrew for thank you. Continue reading the main story […]
Leonardo Maugeri of Harvard University, who in 2012 predicted a glut in oil supplies and a steep fall in prices, has warned that there is again a prospect that the market is heading for “a substantial fall”. Strong growth in global supply, he argues in a new paper, is outpacing the increase in demand, in spite of the production cuts agreed by Opec and 11 non-Opec countries […]
BERLIN German Chancellor Angela Merkel told reporters on Monday that her trip to Washington to meet U.S. President Donald Trump had been postponed due to a fast-moving winter storm expected to hit the northeastern United States. Merkel said Trump had called her to explain the severity of the expected storm. She said the trip would be rescheduled as soon as possible. “The trip is cancelled,” she told […]
