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The UAE’s non-oil foreign trade totalled AED1.172 trillion ($320 billion) for the first nine months of 2016, up by 0.1 percent on the same period in the previous year. Preliminary data of the Federal Customs Authority (FCA) indicated that the share of imports in the UAE’s total non-oil trade amounted to AED721.2 billion, a rise of 1 percent. Native gold and semi-processed gold topped the list of […]

By Bernie Woodall | DETROIT DETROIT Automakers on Wednesday are likely to report a 3 percent decline in U.S. auto sales for January after a surprisingly strong December stole some thunder from the start of the new year, industry analysts and economists said. Still, with December’s good showing pulling sales from January, normally the weakest month of the year in terms of sales volume, some analysts cautioned […]

Soon after two top Russian cyber crime officers vanished late last year, the rumours began to spread. One newspaper reported that Sergei Mikhailov, head of cyber security at the FSB, the KGB’s successor agency, was abruptly escorted from a meeting with a dark bag over his head. A far-right website suggested that Mr Mikhailov had been plotting to overthrow Russian president Vladimir Putin. In the past few […]

China’s stock market regulator has accelerated approvals for initial public offerings in recent months but market watchers say that long-awaited deregulation of the process is still years away. IPO fundraising in Shanghai and Shenzhen has totalled Rmb87bn ($13bn) since November, the biggest three-month total since the second quarter of 2015, when China’s stock market bubble reached its height.  The surge of new offerings reflects the relative stability of China’s […]

After yesterday US officials reported that Iran conducted a nuclear ballistic missile test on Sunday, which some claimed would be another violation of the UN resolution and Obama’s nuclear deal, on Wednesday Iran’s defense minister admitted that the Islamic Republic had indeed tested a new missile, but added the test did not breach Tehran’s nuclear accord with world powers or a U.N. Security Council resolution endorsing the […]

LONDON Around half of Britons believe U.S. President Donald Trump’s planned UK state visit should go ahead, even though a similar number would not like to see his controversial migrant ban implemented in Britain, according to a poll on Wednesday. Trump’s executive order to temporarily ban refugees entering the United States and limit migration from seven Muslim-majority countries has drawn widespread protest in Britain, and nearly 1.8 […]

“Hydrogels are soft, wet, biocompatible, and can form more friendly interfaces with human organs,” says Xuanhe Zhao, associate professor of mechanical engineering and civil and environmental engineering at MIT. Credit: Massachusetts Institute of Technology Engineers at MIT have fabricated transparent, gel-based robots that move when water is pumped in and out of them. The bots can perform a number of fast, forceful tasks, including kicking a ball […]

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DUBAI Iran’s defence minister said the Islamic Republic had tested a new missile, confirming earlier reports, Tasnim news agency quoted him as saying on Wednesday. Hossein Dehghan said the test did not violate the country’s deal on its nuclear programme or the United Nations Security Council’s resolution. “The recent test was in line with our plans and we will not allow foreigners to interfere in our defence […]

By Naomi Tajitsu and Maki Shiraki | YOKOHAMA, Japan YOKOHAMA, Japan Nissan Motor Co has taken a step back into gasoline hybrids with its Note e-Power model, which the Japanese automaker hopes will act as a gateway for drivers who will later shift to all-electric cars. The move will also trim Nissan’s costs. Nissan’s battery-electric Leaf, the industry’s first mass-market, all-electric car launched in 2010, is the […]

Millions of Indians are preparing to vote in the biggest test of public opinion since prime minister Narendra Modi announced the demonetisation of 500 and 1,000-rupee notes three months ago – a move which has plunged the country into an unprecedented cash crisis and sent the economy into a tailspin. Over the next four weeks, starting today, a series of regional elections will be held across India […]

Israel has approved the construction of 3,000 more settlement homes in one of the government’s biggest announcements on its building programme in recent years. The statement on Tuesday evening is a further sign that the rightwing government feels it has a free hand to build housing for Jewish settlers in the occupied Palestinian territories following the election of US President Donald Trump.  It came as Israel began […]

Photo A construction site in the Israeli settlement of Ma’ale Adumim in the West Bank, near Jerusalem. Credit Dan Balilty for The New York Times JERUSALEM — Israel approved 3,000 more housing units in the occupied West Bank late Tuesday, the largest number in a wave of new construction plans that defy the international community and that open a forceful phase in the country’s expansion into land […]

The oil industry is zeroing in on a prospective tax shift in Washington that has the potential to upend energy flows around the world.  The “border adjustment tax” (BAT) put forth by Republican lawmakers and embraced sporadically by President Donald Trump would radically change the way companies are levied, taxing imports and exempting exports in the world’s biggest economy. While the Trump administration’s stance on BAT has […]

By Eli Berlzon | AMONA, West Bank AMONA, West Bank Israeli police moved into an outpost in the occupied West Bank on Wednesday to remove settlers who Israel’s Supreme Court ruled have been living illegally on privately owned Palestinian land. Settlers and dozens of pro-settlement activists who flocked to the Amona outpost to protest against the evacuation burned tyres and piled makeshift barricades at its entrance. But […]

1 of 14 Germany’s Marcel Kittel, from Quick-Step Floors Team from Belgium, reacts upon winning the Nakheel stage 1 during the Dubai Tour 2017, on January 31, 2017 in Dubai. (STRINGER/AFP/Getty Images) 2 of 14 Germany’s Marcel Kittel, from Quick-Step Floors Team from Belgium, reacts upon winning the Nakheel stage 1 during the Dubai Tour 2017, on January 31, 2017 in Dubai. (STRINGER/AFP/Getty Images) 3 of 14 […]

BERLIN More than 1,100 German police searched 54 homes, business premises and mosques in Frankfurt and other towns in the western state of Hesse in the early hours of Wednesday and arrested a Tunisian man suspected of planning an attack, German authorities said. The 36-year-old Tunisian is suspected of recruiting for Islamic State in Germany since August 2015 and building up a network of supporters with the […]

MANILA The Maoist-led rebel group in the Philippines said on Wednesday it was terminating a unilateral ceasefire it declared five months ago and resuming a protracted guerrilla warfare that has killed tens of thousands of people. The New People’s Army said in a statement that the ceasefire agreed to last August would expire on Feb. 10, but added the rebels would still support peace talks with the […]

SEOUL Former U.N. Secretary-General Ban Ki-moon said on Wednesday he will not run to become president of South Korea, Yonhap news agency reported. Ban spoke at an unscheduled news conference at parliament after meeting the leaders of conservative parties. (Reporting by Jack Kim; Editing by Robert Birsel) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, […]

If you’re going on safari, but don’t fancy roughing it, DesignQ’s latest concept plane may take your fancy. The design shop developed the ‘Explorer’ aircraft for BAE Systems (the global defence, security and aerospace company). It is the first of four concepts that will be released throughout 2017, all aimed at exploring the possibilities for the Avro Business Jet. The spacious layout includes a unique outdoor deck […]

By Jeffrey Dastin | SAN FRANCISCO SAN FRANCISCO Amazon.com Inc plans to invest $1.49 billion to build a large air cargo hub in northern Kentucky, state officials said on Tuesday, stoking expectations it may one day opt to directly compete with FedEx Corp and United Parcel Service Inc. The world’s biggest online retailer has agreed to a 50-year lease for about 900 acres of property from Cincinnati/Northern […]

The Federal Reserve is likely to hold rates unchanged on Wednesday but keep the markets primed for further monetary tightening as it surveys steady growth and a tightening labour market.  Recent statements from Fed chair Janet Yellen have suggested that she does not want to rush into a third rate increase, but that she also has no intention of letting the US economy overheat.  This points to a […]

Wednesday 06:00 GMT Overview Stock markets across Asia were mixed after disappointing earnings and weak US data pushed Wall Street lower overnight. European bourses are expected to open higher, with spreadbetters predicting the UK’s FTSE 100 will add 34 points to 7,133 and Germany’s Dax to gain 70 points to 11,605. The rebound comes after Wall Street climbed sharply off its session lows on Tuesday, and index […]

Submitted by John Whitehead via The Rutherford Institute, “We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force.”   -Ayn Rand The torch has been passed to a new president. All of […]

Newsflash for American high school students — choose friends wisely, or they may end up costing you your education. In fact, new mathematical modeling from Arizona State University, Northeastern Illinois University, and the University of Texas at Arlington documents the exact statistical tipping point when positive parental influence — found to be the leading indicator of academic performance and whether or not a student will eventually graduate […]

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