LIMA One woman has been killed and some 40 people were arrested in a Peruvian shantytown after an angry mob tried to lynch two pollsters whom residents believed were butchering local children to take their organs, authorities said Friday. False rumours on social media claiming dead children had been found with their organs missing fanned mass hysteria in the shantytown Huaycan on the outskirts of Lima, prompting […]
01 December 2016 Securities Commission Malaysia (SC) today signed a Memorandum of Understanding (MoU) with MIMOS, the country’s research and development centre in ICT, to jointly develop a capital market advanced analytics platform. By collaborating with MIMOS, SC will be able to leverage new technology to process a higher volume of data from a variety of sources beyond the traditional data sets, facilitate the usage of RegTech […]
Apple has started to reduce its orders for the iPhone 7 amid declining demand for the smartphone, according to a report by DigiTimes. The publication’s sources, which come from the supply chain in Taiwan, said that demand for the iPhone 7 in China and other markets has decreased significantly since the smartphone was launched in September. Massive Demand For iPhone 7 At Launch Now Fading According to […]
At a conference on investing in non-performing loans in Milan last week, attendees were asked to vote on whether an Italian government scheme to help sell the debt was the “best way forward”. Just 3 per cent agreed. The response follows a year of wrangling over proposals to tackle the €360bn of problematic loans plaguing the balance sheets of Italian banks, which have lost half their stock […]
By Chiekh Sadibou Mane and Thierry Gouegnon | BANJUL BANJUL Gambian leader Yahya Jammeh, who once vowed to rule the tiny West African nation for “a billion years”, said he had accepted his shock election defeat on Friday, 22 years after seizing power in a coup. Voting on Thursday against Jammeh was a rare show of defiance against a leader who has ruled by decree and who […]
Newsworthiness has long been the first line of defense against invasion of privacy tort claims. Publishing private information about someone, like someone’s medical records or phone number, can bring legal liability. But a plaintiff in a privacy-invasion lawsuit has to show that the facts made public aren’t a matter of public concern. When making legal determinations on newsworthiness, courts have […] (via WSJ)
Everyone wants to know when fully self-driving cars will be ready for the road. The companies developing the technology usually give a timeline of several years to decades away. Automotive parts manufacturer Delphi and Mobileye are no different, and during a media roundtable this week in San Francisco, Delphi’s VP of services, Glen DeVos, envisioned a long-term timeframe for the widespread use of the technology. […]
Starbucks Chief Executive Howard Schultz’s decision to step down is unlikely to hamper growth at the world’s biggest coffee chain as his successor Kevin Johnson is well suited to take the helm, analysts said. Starbucks Corp (SBUX.O) said on Thursday that Schultz would step down as CEO on April 3 to focus on new high-end coffee shops, handing the top job to Chief Operating Officer Johnson, a […]
DUBAI An American-Iranian dual national and his wife have been in detention in Iran without charge or access to lawyers since their arrest by elite Revolutionary Guards in July, a New York-based rights group said on Friday. The International Campaign for Human Rights in Iran (ICHRI) said Karan Vafadari and his wife Afarin Niasari, who run an art gallery in Tehran, were being held in Tehran’s Evin […]
Donald Trump has named Stephen Schwarzman, chief executive of Blackstone, as chairman of a new council of strategic advisers, capping a week that has seen Wall Street veterans installed at the heart of the incoming US administration. The president’s strategic and policy forum, which will meet for the first time in February, also includes JPMorgan Chase chief executive Jamie Dimon and Larry Fink, founder of BlackRock, among […]
By Michelle Nichols | UNITED NATIONS UNITED NATIONS The United Nations General Assembly began talks on Friday on a draft resolution that would demand an end to fighting in Syria amid frustration by some states and rights groups over U.N. Security Council deadlock on the nearly six-year conflict. More than a third of the 193-member General Assembly this week asked for a formal meeting to be held […]
MANILA Philippine leader Rodrigo Duterte spoke of his sadness on Friday at having to forfeit his beloved motorcycles in becoming president, and offered tips on handling two wheels and why a Honda was better than a Harley. The 71-year-old reminisced about touring the Philippines by motorbike and how as a city mayor he used to ride every week on a motorcycle that his security team made him […]
By Parisa Hafezi | ANKARA ANKARA Iran threatened on Friday to retaliate against a U.S. Senate vote to extend the Iran Sanctions Act (ISA) for 10 years, saying it violated last year’s deal with six major powers that curbed its nuclear programme. The ISA was first adopted in 1996 to punish investments in Iran’s energy industry and deter its alleged pursuit of nuclear weapons. The extension was […]
The notion of machine-powered facial recognition is one that predates today’s actual technology for it by many years, thanks to robot POV shots from sci-fi films such as The Terminator and Robocop. But while many advances have been made, facial recognition software is far from infallible, as researchers from Carnegie Mellon University recently found. Here are the details from a report in Quartz: Researchers showed they could […]
Credit: Yale University On the wall of Aaron Dollar’s office is a poster for R.U.R. (Rossum’s Universal Robots), the 1920 Czech play that gave us the word “robot.” The story ends with the nominal robots seizing control of the factory of their origin and then wiping out nearly all of humanity. Dollar, fortunately, has something more cheerful in mind for the future of human-robot relations. He sees […]
By Alastair Macdonald | BRUSSELS BRUSSELS Islamic State will attack Europe again, security chiefs warned on Friday, and may add car bombs, cyber and chemical warfare to its local arsenal as European militants drift home after reverses in Syria and Iraq. Gilles de Kerchove, the European Union’s Counter-Terrorism Coordinator, said it was impossible to know for sure how many militants were already in Europe plotting. A report […]
Fitch Ratings-Moscow/London-01 December 2016 OPEC’s agreement to cut production by 1.2 million barrels of oil per day, and the potential agreement to cut with non-OPEC countries, should help accelerate market re-balancing and increases the chances of more rapid oil price recovery than previously expected, says Fitch Ratings. But implementation risks remain, including OPEC’s adherence to the agreement and the willingness of other participants, notably Russia, to co-operate […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on Friday. The solid employment gains likely reflect […]
ABU DHABI // “Building nations is not complete without safeguarding heritage,” Sheikh Hazza bin Zayed told the Safeguarding Cultural Heritage Conference in the capital on Friday. The deputy chairman of Abu Dhabi Executive Council was addressing the first day of the conference, where attendees heard reports of past atrocities as a prompt to forging meaningful outcomes for the future. The conference concludes Saturday, with the adoption of […]
By Emily Stephenson | NEW YORK NEW YORK U.S. President-elect Donald Trump was set to interview more candidates for top jobs in his administration on Friday and said he expected to have most members of his Cabinet announced next week. Trump, who takes office on Jan. 20, is still weighing who to choose as secretary of state. The Republican president-elect said on Thursday he had chosen retired […]
When Dala Farouki Kakos was a child, her parents invested in three Syrian chests, with matching mirrors, in the traditional sadaf style – on the understanding that they would be passed on to Kakos and her two siblings once they were grown up and had homes of their own. Beautifully embellished with mother of pearl, Kakos’s set has accompanied her on her travels around the world, and […]
Eight new rural solar energy projects are now operational across the Islamic Republic of Mauritania in western North Africa, doubling the UAE’s total contribution to the country’s clean energy capacity to 31.6 megawatts (MW). Delivered by Masdar, the Abu Dhabi clean energy company, the 16.6MW of additional solar power will supply up to 30 percent of the electricity demand of the remote communities of Boutilimit, Aleg, Aioune, […]
By Amr Abdallah Dalsh | SHIBIN EL KOM, Egypt SHIBIN EL KOM, Egypt Mohamed Hagras stands barechested as dozens of honeybees congregate around his face, eventually forming what he calls the “Beard of Bees”. To attract the insects he has a box housing their queen’s hormones strapped to his chin. The 31-year-old engineer-turned-beekeeper has been doing this for years both competitively – he fondly recalls a Canadian […]
By Ahmed Elumami | TRIPOLI TRIPOLI Rival armed factions battled overnight and into Friday in the worst outbreak of fighting in the Libyan capital Tripoli for more than a year. Black smoke rose into the sky and explosions reverberated around the Abu Salim and Hadba districts, and an eyewitness said a major road nearby had been blocked off with shipping containers. Gunfire echoed across several other neighbourhoods. […]
