Three years ago, The New York Times published its innovation report, an unsparing assessment of the newsroom’s many weaknesses. Nearly 100 pages long and full of words like “worrying,” “shrinking” and “upheaval,” the report described a New York Times that was in a digital standstill while competitors like BuzzFeed, Vox Media and The Washington Post were racing ahead. Today, The New York Times released the results of […]
In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while 29% (2016:27%) believe global economic growth will pick up in 2017 In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while 29% (2016:27%) believe global economic growth will pick […]
MADRID A topless activist from the feminist group FEMEN attacked a life-size wax statue of U.S. President-elect Donald Trump during an unveiling ceremony at Madrid’s wax museum on Tuesday. Reuters journalists at the scene saw the woman push past security ropes and place her hand on the statue’s crotch while screaming “grab patriarchy by the balls.” Museum staff spent several minutes trying to restrain the woman before […]
By Stephen Kalin | DEBAGA, Iraq DEBAGA, Iraq While fleeing Islamic State rule in northern Iraq three months ago, Laila saw two of her daughters die in front of her. Crippled by grief and the trauma of that night, she now struggles to walk and hardly eats. Running under the cover of darkness after more than two years under the jihadists’ harsh rule in Shirqat town, south […]
The company rolling out Australia’s National Broadband Network (NBN) has warned of possible civil works disruptions after announcing that it will begin extending fibre and cable broadband into major cities this year. Much of the disruption will occur as NBN needs to gain access to pits and existing infrastructure within high-density cities. “As the NBN network rolls out into cities, we will be met with new problems […]
TOKYO Nearly six years after Noriko Matsumoto and her children fled Japan’s Fukushima region, fearing for their health after the worst nuclear disaster since Chernobyl, they confront a new potential hardship – the slashing of vital housing subsidies. Matsumoto is among nearly 27,000 people who left areas not designated as mandatory evacuation zones, spooked by high levels of radiation after nuclear meltdowns unleashed by a powerful […]
Masdar, Abu Dhabi’s renewable energy company, has acquired a stake in Hywind Scotland, a 30-megawatt (MW) floating offshore pilot wind farm in the North Sea, it was announced on Tuesday. Through the transaction, Statoil and Masdar have agreed to share the development risk and Masdar will cover 25 percent of previous and future costs. Due to start commercial operation in late 2017, Hywind Scotland is the world’s […]
LONDON British Prime Minister Theresa May said on Tuesday she would put the final agreement on Britain’s exit from the European Union to a vote in parliament. May said there would have to compromises in the negotiations but it was important to provide “as much certainty as possible” and there would be proper scrutiny. “When it comes to parliament, there is one other way I would like […]
BOSTON JPMorgan Chase & Co Chief Executive Jamie Dimon has been no fan of Institutional Shareholder Services and once called investors “lazy” if they cast votes in corporate elections based on recommendations from the leading proxy adviser or its rival. But JPMorgan itself turns out to be a close follower of ISS, at least when it comes to proxy votes on pay, new data show. JPMorgan (JPM.N) […]
The adventurous spirit of The Flaming Lips extends to both music and words. The 15th album from the American psychedelic rockers is titled Oczy Mlody (pronounced “Oxlee Melody”), a Polish phrase chosen after frontman Wayne Coyne found it in a second-hand book he bought because he liked the cover. He didn’t care that the book, Blisko Domu (Almost Home), was in a language he does not speak. […]
Blume was working on a letter to a man who was angry about being profiled by the police in his community. She showed me some of Obama’s handwritten comments in the margins. He had underlined sentences and added exclamation points; the words he wrote were sparse, but Blume understood the code. “See?” she said. “You can break down the sections of his thoughts: I’m mad, too. My […]
PARIS In May last year, then French Economy Minister Emmanuel Macron sat down with Socialist lawmaker Christophe Sirugue in the steel town of Le Creusot and asked him to join his new political movement. He said No. Eight months on, others are saying Yes. A political outsider who has never run for office and hopes to transcend the classic Left-Right divide, Macron suddenly seems to have a […]
By Kylie MacLellan and William James | LONDON LONDON Britain will not seek a Brexit deal that leaves it “half in, half out” of the EU, Prime Minister Theresa May will say on Tuesday in a speech setting out her priorities for divorce talks which indicates she is prepared to leave the single market. Sterling, which has traded at the lowest levels against the U.S. dollar for […]
17 January 2017 Doha, Qatar – The Qatar Financial Centre Regulatory Authority (“QFC Regulatory Authority”) has been approved as a full signatory to the International Organisation of Securities Commissions (“IOSCO”) Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (“MMoU). The approval of the QFC Regulatory Authority as a signatory to the IOSCO MMoU comes after a rigorous screening process of the applicant’s […]
The Emirates Authority for Standardisation and Metrology (ESMA) has announced that it is working on new regulations to cover electric vehicles in the UAE. The UAE System for Electric Vehicles, the first of its kind regionally, will come into operation later in the first quarter of 2017 after approval by the UAE Cabinet, news agency WAM reported. Dr Rashid Ahmed Bin Fahad, Minister of State and chairman […]
MOSCOW Allegations of Russian cyber attacks are fabricated, Russian Foreign Minister Sergei Lavrov said on Tuesday. Lavrov said at a news conference that U.S. intelligence agencies who had tried to prove that U.S. President-elect Donald Trump had links to Russia have drawn a blank and should be fired. The Russian minister also described as a charlatan the former British spy who wrote a dossier on Trump’s alleged […]
ISTANBUL The suspected gunman who killed 39 people in an Istanbul nightclub on New Year’s Day was born in Uzbekistan and received training in Afghanistan, Istanbul Governor Vasip Sahin said on Tuesday after police caught him in a city suburb. Sahin told reporters that the alleged attacker, whom he named as Abdulgadir Masharipov, born in 1983, had admitted his guilt and his fingerprints matched those at the […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil dipped on Tuesday on lingering concerns over global fuel oversupply due to rising U.S. output and doubts that OPEC and other producers would adhere to commitments to cut output in an effort to balance markets and prop up prices. Brent crude futures, the international benchmark for oil prices, were at $55.55 per barrel at 0643 GMT, down 31 cents from […]
Facebook is throwing its weight behind French tech by choosing Paris to launch its first official start-up incubator, as the battle heats up among European capitals to lure the best tech companies following the Brexit vote. The social media giant announced on Tuesday it had become a founding partner in Station F, a €250m start-up campus in central Paris that is set to be the largest in […]
Photo Celebrations erupted in the courtroom when the verdict was announced. Credit Mohamed El-Shahed/Agence France-Presse — Getty Images CAIRO — An Egyptian court on Monday upheld a ruling that said the government cannot transfer control of two key Red Sea islands to its main financial backer, Saudi Arabia, deepening a rift between the two Middle Eastern countries. The alliance between Egypt and Saudi Arabia, two of the […]
The US dollar is weakening this morning after comments from president-elect Donald Trump that the greenback was “too strong” against the Chinese currency. “Our companies can’t compete with them [Chinese companies] now because our currency is too strong. And it’s killing us”, Mr Trump told the Wall Street Journal. His comments have helped soften the dollar index, which measures the greenback against a basket of its major […]
By Tom Westbrook and Jonathan Barrett | SYDNEY SYDNEY The deep-sea search for missing Malaysia Airlines flight MH370 ended on Tuesday without any trace being found of the plane that vanished in 2014 with 239 people on board, the three countries involved in the search said. The location of Flight MH370 has become one of the world’s greatest aviation mysteries since the plane disappeared en route to […]
MANILA Philippines President Rodrigo Duterte will meet on Tuesday with China’s Vice Foreign Minister Liu Zhenmin, the most high-profile Chinese visitor since he took power last year and launched surprise moves to engage with historic rival Beijing. Duterte will meet Liu late in the day in what presidential spokesman Ernesto Abella said was nothing more than a courtesy call. Liu was meeting foreign ministry counterparts to discuss […]
By Daren Butler | ISTANBUL ISTANBUL Turkish police have captured the suspected gunman who killed 39 people in an Istanbul nightclub on New Year’s Day after a two-week nationwide manhunt, with state media saying he was seized along with four other suspects at a hideout in the city. State-run Anadolu news agency said the alleged attacker, whom it and other media named as Abdulgadir Masharipov, was detained […]
