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By David Morgan and Patricia Zengerle | WASHINGTON WASHINGTON U.S. President Donald Trump defended his firing of FBI Director James Comey on Wednesday as Democrats intensified accusations that the ouster was intended to undermine an agency probe into his presidential campaign’s possible collusion with Russia to sway the 2016 election. The Republican president’s abrupt move on Tuesday stunned Washington and was swiftly condemned by Democrats and by […]

WASHINGTON Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that there should not be any relaxation of regulations that have tightened oversight of Wall Street. “Progress has been made. I wouldn’t want to roll that back off the biggest banks,” Kashkari said at an event in Minneapolis, when asked about the fate of the Dodd-Frank reform act that was passed in part to prevent big […]

BEIRUT: A top Syrian Kurdish official on Wednesday welcomed the US decision to arm Kurdish fighters with heavier weapons, saying it would “legitimize” the force as it prepares to march on Raqqa, the de facto capital of the Daesh group.But Turkey’s Deputy Prime Minister Nurettin Canikli said the decision, announced by the Trump administration Tuesday, was “unacceptable.”The US said it would provide heavier arms to the Kurdish-led […]

The latest version of Opera is called “Reborn” and it aims to rethink the browser, adding a special new sidebar for messaging. The new sidebar has baked-in shortcuts for WhatsApp, Facebook Messenger, and Telegram, allowing users to handle messages quickly and easily without having to open a separate tab or leave their current tab. The messaging sidebar is built right into the browser interface and once users […]

Greg Malouf was down but not out. After the relative misfire of his UAE venture – Clé Dubai, which closed its doors in April last year – the celebrated Australian-Lebanese chef returns to the emirate to head Zahira, a classy Middle Eastern restaurant that opens next week at the H Hotel. “I’ve spent years working on the evolution of Lebanese cuisine, and while the dishes need to […]

Jes Staley, chief executive of Barclays, has apologised to shareholders for the “error” he admitted he had made in trying to uncover the identity of a whistleblower. In an attempt to take the sting out of the bank’s annual meeting on Wednesday, the Barclays CEO said: “I feel it is important that I acknowledge to you, our shareholders, that I made a mistake in becoming involved in […]

ZURICH Switzerland will curb Bulgarian and Romanian citizens’ access to its labour market for the next 12 months, the government said on Wednesday, amid increased migration from those countries after limits were lifted last June. The Swiss cabinet, whose struggle with immigration from the European Union intensified after a 2014 referendum in which the public demanded that quotas be imposed, will cap the number of five-year residence […]

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WASHINGTON U.S. President Donald Trump said on Wednesday he fired FBI Director James Comey because he was not doing a good job. “He wasn’t doing a good job, very simply. He wasn’t doing a good job,” Trump told reporters at the Oval Office during a brief photo op as he met with Henry Kissinger, a former secretary of state. Trump declined to answer further questions about the […]

ISTANBUL Turkey and Pakistan have signed a memorandum of understanding for the sale of four Turkish made corvette warships and 52 Pakistan-made training planes for Ankara’s armed forces, Turkey’s defence industry undersecretariat said on Wednesday. Karachi Shipyard (KS&EW) will buy four corvettes made under Turkey’s MILGEM warship programme, aimed at designing and building locally a fleet of multipurpose corvettes and frigates that will replace older ships. The […]

A joint venture between Dubai developer Nakheel and Spanish hospitality group RIU Hotels & Resorts has released a construction tender for an 800-room, beachfront resort and water park at Deira Islands. With an investment value of AED670 million ($182.4 million), the resort – RIU’s first in the Middle East and one of the biggest in Dubai in terms of hotel rooms – is set for delivery in […]

By Yashaswini Swamynathan U.S. stocks were slightly lower on Wednesday, dragged down by Walt Disney’s disappointing results, while investors turned cautious after President Donald Trump fired his FBI chief. Disney (DIS.N) fell 2.5 percent and was the top drag on the Dow and the S&P 500 after the media company reported quarterly revenue below analysts’ expectations. Trump said he fired FBI Director James Comey, who had been […]

Scientists have created the first-ever polarization gradient in thin-film ferroelectrics, greatly expanding the range of functional temperatures for a key material used in a variety of everyday applications. The discovery could pave the way for developing devices capable of supporting wireless communications in extreme environments. (via WSJ)

BEIRUT Iran’s Supreme Leader Ayatollah Ali Khamenei warned on Wednesday that any attempts to disrupt the presidential election on May 19 would be dealt with harshly. The vote has shaped up to be primarily a contest between incumbent president Hassan Rouhani, a pragmatist who has campaigned on a platform of opening up the country to the West and easing social restrictions, and hardline rival Ebrahim Raisi, who […]

CERN is stepping up the game in the field of nuclear research. The European physics research center inaugurated its newest particle accelerator, Linac 4, during a May 9 ceremony in the Swiss city of Geneva. This latest acquisition marks the first step of an extensive hardware upgrade, which aims to gather even more data from the Large Hadron Collider or LHC — CERN’s 17-mile-long circular accelerator, which scientists […]

Researchers at the Georgia Institute of Technology’s School of Interactive Computing have come up with a novel computational approach that could provide a more cost- and resource-effective way for internet communities to moderate abusive content. They call it the Bag of Communities (BoC), a technique that leverages large-scale, preexisting data from other internet communities to train an algorithm to identify abusive behavior within a separate target community. […]

Time Inc cut its dividend and announced a board shake-up as the magazine publisher reported a steeper than expected first-quarter net loss and decline in revenue. The owner of Time, People and Sports Illustrated is in the midst of a strategic reorganisation aimed at shifting its business from print to digital, following its decision last month not to sell itself. Its net loss widened to $28m, or […]

JOHANNESBURG A South African woman seeking advice on Twitter about buying a driver’s license got more than she bargained for on Wednesday when her inquiry caught the eye of police minister and prolific tweeter Fikile Mbalula. “It’s a criminal offence to buy a driver’s license (like a) ngathi ligwinya,” Mbalula tweeted back, using a local word for a doughnut. “It will get you, the traffic department and […]

BEIRUT Air strikes killed at least 11 people, including four children, in a village north of the Syrian city of Raqqa overnight, a war monitoring group said on Wednesday. The Syrian Observatory for Human Rights said warplanes, thought to belong to the U.S.-led coalition against Islamic State, hit al-Salihiya village before midnight and also injured several civilians. A spokesman for the U.S.-led coalition could not immediately be […]

Flock’s Bhavin Turakhia: “Good software should follow the principle of, ‘don’t make the user think’.” Image: Flock Helping teams communicate and share information better has been a challenge that many different enterprise messaging apps have tried to solve, from Slack and Microsoft’s Yammer, to Cisco’s Spark and Facebook’s Workplace. Another new entrant to this space is Flock, which boasts customers Whirlpool, Tim Hortons, and Victorinox. ZDNet recently […]

MOSCOW Kremlin critic Alexei Navalny has undergone an eye operation in Spain after an attack in Moscow that left him almost blind in one eye, the opposition politician said late on Tuesday on social media. Navalny hopes to run for president next year against Vladimir Putin, who is expected to run for what would be his fourth term, and organised the biggest anti-government protests in years in […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Sean Hannity, the eight-figure archetype of selective moral outrage, last night charged the press with going “completely insane” over the James Comey firing. Hannity accused it of “selective moral outrage,” proving it takes one to know one amid wall-to-wall Comey […]

Air Arabia has renewed plans that were put on hold after a dip in demand to expand its fleet, with the biggest discount carrier in the Gulf and North Africa encouraged by rebounding sales at its Moroccan unit. The airline, an Airbus SE A320 operator, could reach a decision on new jets as early as this year or into 2018, Chief Executive Officer Adel Ali said in […]

VIENNA Reinhold Mitterlehner, Austria’s Vice Chancellor and leader of the People’s Party, said on Wednesday he would resign, paving the way for someone new to lead the conservatives into the next parliamentary election. “It’s enough,” he told a news conference in Vienna called at short notice, referring to months of quarrelling within his party about his leadership qualities. Mitterlehner, 61, said he would resign his posts of […]

MANNHEIM, Germany SAP (SAPG.DE) said on Wednesday its executive pay system was reasonable, defending management bonuses against the criticism of some shareholders. “Our executive payment must be seen in comparison with other software companies and must be competitive,” SAP’s co-founder and supervisory board Chairman Hasso Plattner told the company’s annual shareholders’ meeting. “We think we have a reasonable system,” he added. Leading shareholder advisors have called on […]

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