By Richa Naidu and Nandita Bose Target Corp (TGT.N) shares plunged on Tuesday after executives issued a full-year profit forecast that fell well below analyst estimates and said the retailer would lower prices to compete with deep-discounting rivals. Target at its investor day conference vowed aggressive promotions and said new brands and investments in technology and small stores will allow it to eventually win back market share. […]
When it comes to unlimited data plans, it has been a tug-of-war between major carriers. It’s a matter of they-can’t-be-better-than-us attitude with AT&T trying to pull customers to its side and T-Mobile tugging with its full strength to win subscribers. Of course, Sprint and Verizon will not let the two get all the attention and have also gone into the offensive. AT&T Unlimited Data Plan: Unlimited Plus vs. Unlimited […]
ABU DHABI // The number of Emiratis working in the private sector will need to increase tenfold over the next 5 years, members of the Federal National Council say. Naama Al Sharhan said private sector firms – in particular those that are foreign-owned – need to be encouraged to hire more UAE nationals. The FNC debate came after recruiters were deployed in every emirate to find jobs […]
Barely a year ago, Vale, the Brazilian mining company, was reeling. Prices of iron ore, its principal export, were at an all-time low, investors were ditching its shares and China — the market on which it most depends — looked as if it was heading for a rapid and uncontrolled slowdown. Fast forward 13 months and iron ore is back in fashion. Vale is producing record amounts […]
By Pilar Olivares | RIO DE JANEIRO RIO DE JANEIRO The top of a towering float collapsed during the final night of the parade by Rio’s elite samba troupes early on Tuesday, injuring 12 people in the second accident to mar Brazil’s glittering Carnival show. Firemen rushed to rescue costumed dancers caught in the tangled top section of the Unidos da Tijuca samba school, which lost precious […]
By Stephanie Nebehay and Joseph Sipalan | GENEVA/KUALA LUMPUR GENEVA/KUALA LUMPUR South Korea called for “collective measures” to punish North Korea for using chemical weapons to kill the estranged half-brother of its leader Kim Jong Un, as Malaysia said on Tuesday it would charge two women with murder over the airport attack. Police have said the women smeared VX nerve agent, a chemical on a United Nations […]
This example of a 3-D ladar point cloud shows a fully foliated field site. Color indicates elevation above the ground, with red tones indicating a higher elevation value (for example, tree tops and vegetation) and blue tones indicating lower elevation value (ground-level vegetation and the ground itself). Credit: Massachusetts Institute of Technology The United States shares 5,525 miles of land border with Canada and 1,989 miles with […]
Union Properties has achieved higher sales yields since launching the sales of OIA Residence due to this high-yielding investment opportunity. The project is located in the heart of MotorCity with a Modern Greek design. The architecture is inspired by white-painted houses synonymous of the Greek islands and OIA Residence named after a small town in the island of Santorini, Greece. UP commenced sales for OIA Residence, with […]
The shift from film to digital technology appears to have improved cancer detection rates for diagnostic mammography, but also has increased the abnormal interpretation rate, which may lead to more women undergoing biopsies for benign conditions, according to a new study that appears online in the journal Radiology. The major new study comes from the National Cancer Institute-funded Breast Cancer Surveillance Consortium (BCSC), a large, diverse set […]
We’re all exposed to unhealthy traffic pollutants, but people who spend a lot of time on or very near higher-traffic roads get more. The Center for Public Integrity and Reveal from The Center for Investigative Reporting teamed up to look at the schools across the country that sit within 500 feet of busy roads. We picked that distance because, in general, studies suggest that the biggest daytime […]
ROME Bright lava lit up the night sky on the Italian island of Sicily on Monday as Mount Etna erupted for the first time this year. The volcano, one of the most active in the world, has been largely dormant for the last two years, but it sprung to life with bright orange lava spewing out high over the Mediterranean Island, eventually easing off by Tuesday morning. […]
WASHINGTON President Donald Trump acknowledged his immigration goals may not have been communicated effectively, saying “maybe it’s my fault,” and may use his speech to Congress on Tuesday to address the poor messaging in his month-old administration. The Republican Trump, a blustery newcomer to politics before winning the 2016 presidential election, gave himself a “C or a C+” on communication in an interview with “Fox & Friends” […]
In a 2011 biography of Steve Jobs, Walter Isaacson wrote that the Apple co-founder “very much wanted to do for television sets what he had done for computers, music players, and phones: make them simple and elegant.” Jobs told Isaacson that he had “finally cracked” the key to creating an easy-to-use smart TV that synced with all your devices and the cloud; “the simplest user […]
WASHINGTON Feb 28 U.S. economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment. Gross domestic product increased at a 1.9 percent annual rate, the Commerce Department said on Tuesday in its second estimate for the fourth quarter, confirming the estimate published last month. Output increased at a 3.5 percent rate in the third […]
With 140 authors from around the world, covering a wide variety of genres, the Emirates Airline Festival of Literature is a treat for lovers of the written word. Here are some key sessions happening over the opening weekend. newslide Inventing the Future: Ashlee Vance on Elon Musk Friday, 11.30am With the Tesla electric car set to become increasingly common on UAE roads, this discussion – featuring Ashlee […]
South Korean prosecutors have charged Lee Jae-yong, Samsung’s de facto boss, with bribery, embezzlement and other offences in connection with the country’s sprawling corruption scandal. The move on Tuesday is a blow to the leadership transition to the third generation of the founding family of South Korea’s largest conglomerate. The indictment of the 48-year-old vice-chairman of Samsung Electronics, along with four other Samsung executives, comes as the […]
Tuesday 12:30 GMT Overview Global stocks are finishing a positive month on a mixed note as traders appear cautious about making fresh bold bets ahead of Donald Trump’s speech to a joint sitting of the US Congress later on Tuesday. The dollar is fairly steady, while gains for perceived haven assets such as Treasuries and the Japanese yen speak to the underlying tentative tone. Hot topic The […]
By Tom Miles and John Irish | GENEVA GENEVA Russian Deputy Foreign Minister Gennady Gatilov said on Tuesday that a U.N. Security Council resolution put forward by Western powers to punish Syria’s government over its alleged use of chemical weapons would harm peace talks in Geneva. The resolution, which comes amid U.N.-led peace talks between the warring Syrian parties, seeks to ban the supply of helicopters to […]
BISHKEK Russia is confident it will be able to resolve a series of disputes with Belarus, President Vladimir Putin said on Tuesday, referring to disagreements over a joint border and energy deliveries. “I am sure we will be able to find a way out,” Putin told a news conference in Bishkek, the capital of Kyrgyzstan, after meeting his Kyrgyz counterpart Almazbek Atambayev. Earlier this month, Belarus accused […]
By Thomas Escritt | AMSTERDAM AMSTERDAM Since the evening in 2004 when policemen arrived unannounced to escort him and his wife to safety, Geert Wilders has lived in safe houses under 24-hour guard to protect him from Islamist militants who threatened to kill him. Film-maker Theo van Gogh had been shot, stabbed and nearly beheaded by a militant Islamist earlier that day, and Wilders, another prominent critic […]
New smartphones will use AI to carry out tasks The smartphone revolution is poised to go onto the next level—with “superphones” equipped with artificial intelligence now on the horizon. By learning their owners’ habits, these new phones will be able to carry out tasks even when they’re offline. During a first phase only high-end smartphones will use the technology, like the new models unveiled by China’s […]
28 February 2017 Dubai, UAE – Gulfood 2017, the 22nd edition of the world’s largest food and beverage trade platform, has rubberstamped its standing as a true industry weathervane and innovation laboratory. Right across the 1,000,000 square foot show, which runs until Thursday 2 March at Dubai World Trade Centre (DWTC), up to 90,000 food professionals from 150 countries are absorbing tens of thousands of products being […]
BEIJING China’s Foreign Ministry on Tuesday said it hoped U.S. defence spending would be beneficial to maintaining global peace and stability, after the White House proposed a 10 percent increase in military spending. The proposed rise in the Pentagon budget to $603 billion comes as the United States has wound down major wars in Iraq and Afghanistan and remains the world’s strongest military power. An official familiar […]
By Se Young Lee and Ju-min Park | SEOUL SEOUL South Korean prosecutors said on Tuesday they will charge Samsung Group [SARG.UL] chief Jay Y. Lee with bribery and embezzlement as the top conglomerate announced the dismantling of its corporate strategy office, the latest developments in a scandal that has rocked the country for months. Jay Y. Lee, 48, was arrested on Feb. 17 over his alleged […]
