Motoring presenters Jeremy Clarkson, Richard Hammond, and James May’s return to the small screen has been a long while coming but, with the debut episode of The Grand Tour, Amazon has certainly wasted no time showing us where vast sums of the reported USD$250 million it spent on its most expensive TV experiment to date have gone. The Grand Tour picks up in the only logical place […]
Video Wildfires Spread Across Northern Israel Dry conditions and strong winds on Thursday whipped up wildfires near the port city of Haifa in northern Israel, forcing the evacuation of tens of thousands of people, damaging property and devouring forests. By REUTERS and THE ASSOCIATED PRESS on Publish Date November 24, 2016. Photo by Ariel Schalit/Associated Press. Watch in Times Video » JERUSALEM — Parts of the port […]
By Tim Hepher and Johanna Decosse | TOULOUSE, France TOULOUSE, France Europe’s largest twin-engined passenger jet, the Airbus (AIR.PA) A350-1000, took to the skies for the first time on Thursday, seeking to grab the spotlight from Boeing’s popular 777. The lightweight carbon-fiber plane, 7 meters longer and able to carry 40 more people than A350s already in service, began a three-hour debut flight at 4.42 a.m ET, […]
Your daily guide to community and cultural activities across the Emirates for November 25, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Musical dance Head to Nation Towers and see a performance by Drama Queens as part of the Shop and Win Campaign, which features entertainment, prizes and international acts. Drama Queens is a […]
The first, foul-mouthed teaser trailer for Goon: Last of the Enforcers has hit the ice today, giving us our first glimpse of Doug “The Thug” Glatt – the goon with a heart of gold – since the original 2011 cult comedy. The Goon sequel marks the directorial debut of Jay Baruchel, who co-wrote the script for the original Goon with Evan Goldberg and has also written Goon: […]
For those familiar with the Cote d’Azur, seeing one of the world’s largest or most luxurious superyachts is commonplace. The region plays holiday home to some of the world’s richest men and women (as well as their toys). You’ll often find the likes of Roman Abramovich’s Eclipse (at 162-metres, it’s the second largest yacht in length) or HRH Sheikh Khalifa bin Zayed Al Nahyan’s Azzam (the world’s […]
U.S. healthcare company Johnson & Johnson (JNJ.N) has approached Swiss biotechnology firm Actelion Ltd (ATLN.S) about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with the matter. The report said that deliberations are still at an early stage following Johnson & Johnson’s initial offer, and Actelion is working with an adviser to explore options. Johnson & Johnson Chief Executive Alex Gorsky said […]
As Art Dubai enters its second decade under the new leadership of director, Myrna Ayad, there are several changes afoot. The first, most notable difference at the 11th edition, due to open next March, is the Marker section – an area of the fair dedicated to art from one specific geographic area – has been removed. Pablo del Val, the director of exhibitor relations at Art Dubai, […]
Billionaire investor Wilbur Ross, known on Wall Street as the “king of bankruptcy” for his record of buying failing companies, will be tapped as Donald Trump’s commerce secretary, putting an advocate of renegotiating US trade pacts in a key economic post. Mr Ross was a close adviser to Mr Trump during his campaign and helped develop the president-elect’s policies for corporate tax cuts, increased infrastructure spending and […]
Authored by Bonner & Partners’ Bill Bonner, annotated by Acting-Man’s Pater Tenebrarum, Permanently Skewed TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle. Lieutenants in Trump’s army: Bannon, Flynn & Sessions Here at the Diary, we do not […]
Saudi Hollandi Bank on Thursday said it would change its name to Alawwal Bank as part of a new corporate identity that will be rolled out over the next three months. Alawwal, meaning “The First” in Arabic, references the bank’s status as the first bank to launch in the country in 1926. The name change coincides with Royal Bank of Scotland seeking a buyer for its 40 […]
Hopes of a fix to the collateral squeeze facing the eurozone’s €5tn short-term funding markets were boosted this week after reports emerged the European Central Bank will consider ways to ease rules on how it lends its stockpile of sovereign debt. A lack of good quality collateral, which market participants use to secure loans, has crippled the single currency area’s short-term funding (“repo”) markets. One big reason […]
So I began dressing, even making coffee, in a shed beside our house. This allowed me to roll from bed and out the door in silence, wearing little more than my underwear. I’d programmed the coffee maker outside to begin brewing precisely nine minutes before my bedside alarm rang. The timing, perfected over weeks, ensured a piping-hot beverage but spared my wife the familiar — but singularly […]
By Stanley Carvalho and Agnieszka Flak | ABU DHABI/MILAN ABU DHABI/MILAN Alitalia could cut up to 2,000 jobs as controlling shareholder Etihad Airways pushes for sweeping changes to turn the loss-making airline around, according to sources close to the matter. The Italian carrier may also ground at least 20 planes to cut certain unprofitable routes on domestic and regional services where it is struggling to compete with […]
Moana Directors: John Musker and Ron Clements Stars: Auli’i Cravalho, Dwayne Johnson, Jemaine Clements Three and a half stars Hollywood behemoth Disney has certainly been mixing up the genres with its movie releases in 2016. From disaster movies (The Finest Hours), fantastical journeys (Alice Through the Looking Glass) and high-concept, chess-themed weepies (Queen of Katwe) to the usual clutch of Marvel superhero adventures (Captain America: Civil War, […]
|ARABIAN POST SPECIAL|By K Raveendran| As predicted, Emaar chairman Mohammed Alabbar’s foray into e-commerce has already started creating waves in the regional and global online retailing market. In an apparent move to retain its clout, global e-commerce leader Amazon.com is reportedly in talks to acquire Dubai-based online retailer Souq.com. Amazon is reportedly considering a bid for all of souq.com, which had initially planned to sell a minority stake. […]
Jason van den Brand can’t promise that your mortgage won’t end up with Wells Fargo. As chief executive of Lenda, a home-loan provider, he’s in the business of selling mortgages into a huge secondary market in which Wells is a significant player. But he says that a wave of revulsion against the “too big to fail” bank, in the wake of the sham-account scandal, is prompting more […]
Saudi Arabia’s 30-year bonds are outperforming other Gulf debt during volatility triggered by Donald Trump’s election as US president, a sign of unsatisfied demand for Saudi debt and a good omen for issuance expected from Riyadh next year. The week to Nov. 16 saw the largest outflows from emerging market debt on record, according to Bank of America Merrill Lynch, partly because Trump’s election fuelled expectations of […]
Dream on – vibrant homes inspiring creativity and attractively priced; payable over 3 years Dubai, United Arab Emirates – 24 November 2016 DAMAC Properties today announced the launch of AKOYA Manarola, a unique collection of colourful villas directly facing the international golf course and nestled within AKOYA Oxygen. Inspired by the charming village of Manarola on the Italian Riviera, this vibrant community is where creative and passionate […]
The relentless rise of the dollar scorched emerging market currencies on Thursday, sending China’s renminbi to its weakest level in eight years, while India’s rupee plumbed a record low. Broad currency weakness against the dollar came as the bond market fully expects policy tightening by the Federal Reserve at its December meeting. Investors are also looking to next year and trying to gauge the extent of further […]
BEIRUT, Lebanon — Turkish soldiers were killed on Thursday by Syrian warplanes while fighting inside Syria for the first time since the civil war there began in 2011, the Turkish military announced. Three soldiers were killed and 10 others wounded, the military said. The troops were advancing toward Al Bab, a city in the north held by the Islamic State, close to the border with Turkey. The […]
While most global equity markets were subdued due to the US Thaksgiving holiday, the FX world was very busy overnight, marked by the relentless dollar surge on expectations of a rate hike not only in December but further in 2017, sending Asian currencies to the weakest level in 7 years: the Bloomberg-JPMorgan Asia Dollar Index reached 103.32, the lowest level since March 2009. The regional FX plunge […]
CASSINO, Italy Fiat Chrysler Automobiles (FCA) (FCHA.MI) will add as many as 2,000 new jobs at its Alfa Romeo Cassino plant in Italy by 2018, Prime Minister Matteo Renzi said on Thursday. Speaking at a conference at the factory, Renzi said there were 4,300 workers at Cassino at present, but added that the number would rise to up to 6,300 over the next 18 to 24 months. […]
On the eve of the 2013 Abu Dhabi Grand Prix, Mercedes duo Lewis Hamilton and Nico Rosberg were invited to take part in a dune-buggy race in the desert. The pair’s approaches were telling: Hamilton the born racer immediately jumped at the chance to get in the cockpit, while Rosberg preferred to take time to assess the challenge, methodically asking questions about the possible dangers. Rosberg is […]
