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Saudi fund assets forecast to cross $400 billion // Nvidia appoints Colette Kress interim chief after Huang departure // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Microsoft restores services gradually but gives no recovery deadline // UAE crews sustain coastal oil removal as beaches reopen // Yicura BioMed Advances Dual Capital and Industrial Strategy: Completes First Closing of Series B Financing Led by Gobi Partners // Microsoft apologises as Outlook services recover after outage // US authorities dismantle North Korean cryptocurrency deception infrastructure // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // US resumes flights after nationwide air traffic shutdown // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // Salik posts Dhs1.045bn profit despite lower toll traffic // Fujairah highway pile-up leaves 14 dead and 30 injured // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // Messi affair SIT finds all-round violations // Lego restores BrickLink marketplace after security investigation // Electoral register gains 2.17 lakh voters // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches //

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VIENNA Austria’s far-right Freedom Party (FPO) offered on Monday to act as a go-between for U.S. President-elect Donald Trump and Russian President Vladimir Putin after signing a cooperation agreement with Putin’s party. Party leader Heinz-Christian Strache and the FPO’s recently defeated presidential candidate Norbert Hofer attended the signing ceremony in Moscow, as did officials of Putin’s United Russia party including Pyotr Tolstoy, a deputy chairman of the […]

WASHINGTON President-elect Donald Trump plans to nominate Virtu Financial founder Vincent Viola as secretary of the Army, the Trump transition team said on Monday. Viola is a West Point graduate and U.S. Army veteran who has founded companies, including the high-frequency trading firm Virtu Financial. He is a former chairman of the New York Mercantile Exchange, where he began his financial services career, and is a leader […]

The key economic releases this week are durable goods and GDP on Thursday. Chair Yellen’s speech on the labor market on Monday afternoon is also likely to garner considerable attention. While the calendar gets quieter in the weeks ahead over the holiday season, there are a few notable macro events to keep traders occupied. This week, the Bank of Japan and Riksbank deliver their latest policy verdicts, […]

About nine months before George W. Bush became president I, along with about 70 others, were asked to join an independent tech advisory board to help Bush, then governor of Texas, understand the role of tech in the new decade and help craft a tech policy should he become president. Our first meeting took place in Austin, and from that came various subcommittees to research […]

By Angus McDowall and Ellen Francis | BEIRUT BEIRUT Thousands were evacuated from the last rebel-held enclave of the city of Aleppo on Monday after a deal was reached to allow people to leave two besieged pro-government villages in nearby Idlib province. Convoys of buses from eastern Aleppo reached rebel-held areas of countryside to the west of the city in cold winter weather, according to a U.N. […]

Lennar Corp (LEN.N), the No. 2 U.S. homebuilder, reported higher-than-expected quarterly profit and revenue and said the housing market continued to make a “slow and steady recovery.” An improving job market and attractive mortgage rates continue to fuel demand for housing in the United States, helping homebuilders such as Lennar and PulteGroup Inc (PHM.N). U.S. home prices are set to rise almost 5 percent next year, despite […]

We’ve heard a lot about Microsoft’s plan to compete with Amazon Echo and Google Home without ever having to create and sell a device. Apparently, the company is planning to transform every Windows 10 device into what is called a Home Hub, but what about those who are not interested in Windows 10? That’s an easy question to answer. You see, Microsoft is planning to release the SDK […]

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Dubai Parks and Resorts opens with grand ceremony – video December 19, 2016 Dubai Parks and Resorts, the new tourism destination made up of three separate theme parks, a water park, a dining and retail district and a Polynesian-themed family hotel covering 30.6 million square feet, officially opened on Sunday. The destination includes Legoland Dubai, the Hollywood-inspired Motionate Dubai and Bollywood Parks, the world’s first Bollywood theme […]

By Letitia Stein | ATLANTA ATLANTA Inside a sunny classroom at a church decorated with rainbow flags, two transgender teenagers exploded into giggles during a dance break from math at Pride School Atlanta. They are among a handful of lesbian, gay, bisexual or transgender (LGBT) youth who have found a haven at the school, which opened this fall at a time when the number of discrimination complaints […]

Better known for its electronic music and street art, Berlin is now also home to an emerging graphic-novel scene in a country that has traditionally treated illustrated stories as children’s literature. Rarely seen in bookstores just a few years ago, German-produced graphic novels now have dedicated shelves, as home-grown artists and foreigners find inspiration in the city. “It was when I moved here that I felt a […]

In this Sept. 5, 2014, file photo, the Apple logo hangs in the glass box entrance to the company’s Fifth Avenue store in New York. Ireland is appealing the European Union’s landmark order to collect 13 billion euros ($14 billion) in taxes from Apple. (AP Photo/Mark Lennihan, File) Ireland will appeal the European Union’s landmark order to collect a record 13 billion euros ($14 billion) in taxes […]

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Bank also aims to raise interest in Emirati youth to pursue banking and financial careers Dubai, 19 December, 2016 Emirates NBD, a leading bank in the region, has launched a brand new edutainment mobile simulation game, ‘Banki’ in its efforts to promote financial literacy in the UAE. Through its highly engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young […]

GENEVA Nearly 50 children who were trapped in an orphanage in the rebel-held Syrian enclave of east Aleppo were evacuated on Monday, the United Nations Children’s Fund (UNICEF) said. “This morning, all 47 children trapped in an orphanage in east Aleppo were evacuated to safety, with some in critical condition from injuries and dehydration,” Geert Cappelaere, UNICEF regional director, said in a statement. UNICEF and other agencies […]

Researchers have used the ALMA telescopes to observe the early stages in the formation of a new solar system. For the first time they have seen how a powerful whirlwind shoot out from the rotating disc of gas and dust surrounding the young star. (via WSJ)

BEIJING Concentrations of airborne pollutants in a major northern Chinese city exceeded a World Health Organisation (WHO) guideline by 100 times on Monday as north China battled with poor air quality for the third straight day. In Shijiazhuang, capital of northern Hebei province, levels of PM 2.5, fine particulate matter, soared to 1,000 micrograms per cubic meter, state-run Xinhua News Agency reported on Monday. That compares with […]

MOSCOW At least twenty-five residents of the Siberian city of Irkutsk have died after drinking bath oil, hoping it would give them the same sensation as alcohol, Russian investigators said on Monday. Use of counterfeit or surrogate alcohol is rife in Russia’s regions, where two years of economic pain have pushed more people below the poverty line, though the death toll from this latest incident is unusually […]

TOKYO Asian shares slipped to four-week lows on Monday as the prospect of higher U.S. interest rates and a strong dollar stemming from the incoming Trump Administration’s purported policies of cutting taxes and spending heavily threatened to suck capital out of emerging markets. European shares are seen having better luck, following recent gains in shares of banks, resource companies and some automakers. Spread-betters see a rise of […]

By Jack Kim | SEOUL SEOUL A friend of South Korean President Park Geun-hye at the centre of a corruption scandal that led to Park’s impeachment in parliament denied charges of fraud and abuse of power on Monday on the first day of her trial. The friend, Choi Soon-sil, 60, is charged with pressuring big businesses to pay money to foundations that backed Park’s policy initiatives. Prosecutors […]

Soaring price growth in China’s top cities has slowed almost to a standstill, as government measures to cool the overheated property market take hold. Price growth of newly built homes in China’s “first tier” cities of Beijing, Shenzhen, Shanghai and Guangzhou slowed to 0.1 per cent in November compared with the previous month, the National Statistics Bureau said on Monday — well below month-on-month growth of 3-4 […]

The deal would send United Nations monitors to observe the evacuation process after consultations with “interested parties,” which means that observers could in theory be turned down by soldiers and militias on the ground. Senior United Nations officials have repeatedly said that they have sought Syrian government permission to be present during the evacuation process, and that they have not received it. Continue reading the main story […]

US hop farmers have celebrated record revenues from their crops in 2016 as they planted more acres despite signs that the craft beer boom, which has boosted demand for the key brewing ingredient, may be peaking.  The value for the year’s hop crop soared 44 per cent this year from 2015, totalling just short of $500m, according to the US Department of Agriculture. “Higher hop acreage and […]

Cloud accounting software firm Reckon has recently expanded its product scope, offering up finance for Australian small to medium business in a bid to remove red tape and give SMEs cashflow within hours. According to Reckon COO Dan Rabie, the move into the small business lending market was almost a natural progression. “We’ve been selling accounting software to small businesses for many, many years and a lot […]

BEIJING China’s foreign ministry said on Monday it believes the U.S. drone issue will be appropriately handled, after the country’s defence ministry said it would return an underwater U.S. drone seized by a naval vessel last week in the South China Sea. Foreign ministry spokeswoman Hua Chunying made the comments at a daily news briefing in Beijing. (Reporting by Ben Blanchard; Editing by Jacqueline Wong) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); […]

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Just in:
Rooftop solar planning gaps behind power shortages // Woman found dead as bank moves to repossess home // US resumes flights after nationwide air traffic shutdown // UAE crews sustain coastal oil removal as beaches reopen // Microsoft outage leaves Outlook and Teams users disconnected // Messi affair SIT finds all-round violations // October Food Price Shock Has Far Reaching Consequences // Hackers falsify NVIDIA GPU readings to mask cryptomining // Fujairah highway pile-up leaves 14 dead and 30 injured // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Nvidia appoints Colette Kress interim chief after Huang departure // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Saudi fund assets forecast to cross $400 billion // US authorities dismantle North Korean cryptocurrency deception infrastructure // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Yicura BioMed Advances Dual Capital and Industrial Strategy: Completes First Closing of Series B Financing Led by Gobi Partners // Crescent Enterprises venture arm funds Oyster Therapeutics development //