JAKARTA About 200 prisoners in Indonesia broke out of an overcrowded jail on Sumatra island on Friday, tearing down a gate near a mosque in the prison complex after being allowed out of their cells to pray, officials said. Inmates had complained about their treatment in the jail in Pekanbaru, Riau province, and accused some guards of being violent, said Ferdinand Siagian, head of the regional office […]
Market Report The FT’s Jamie Chisholm highlights what to watch in markets on Friday. Oil prices sunk to a five-month low below $47 a barrel at one point in Asia, while energy shares struggle. Wall Street futures are well off session lows, with jobs data awaited. May 5, 2017 Produced by Filip Fortuna. Filmed by Rod Fitzgerald. Source link
WOLFSBURG, Germany Volkswagen (VOWG_p.DE) is targeting fixed productivity gains at its troubled core division through 2020 by pushing cost savings, stemming overseas losses and launching more higher-margin cars as the carmaker battles to overcome its emissions scandal. Positive development at Volkswagen’s namesake VW brand may continue throughout 2017, the carmaker said on Friday, building on a strong rebound in the first quarter when cost cuts helped operating […]
Just a few days after OnePlus CEO Pete Lau posted the first teaser for the upcoming OnePlus 5, some of the most important specifications of the device have been allegedly leaked on Chinese social network Weibo. According to Lau, OnePlus fans should expect a “big surprise” soon from the company. From the leaked specifications, the OnePlus 5 will definitely be considered as a smartphone to look forward […]
A first for Hilton in Jordan Visitors to Jordan can now stay at Hilton Hotels & Resorts’ first hotel in the country, the new Hilton Dead Sea Resort & Spa. The 285-room property is on the north-east shore of the Dead Sea, next to the King Hussein bin Talal Convention Centre, also managed by Hilton since 2010. The hotel’s spa is due to open in September. Rooms […]
The US Department of Justice is investigating Greyball, a software tool used by Uber to show a misleading version of the app to regulators, adding to the company’s woes. While still preliminary, the investigation could embroil the San Francisco-based transportation company in another legal battle, at a time when Uber is already fighting accusations of patent infringement in court. Valued at $62.5bn by investors, Uber has been […]
By James Pearson and Ju-min Park | SEOUL SEOUL In February 2016, Yoo Chang-geun and around 120 other South Korean businessmen frantically pulled their staff out of the Kaesong Industrial Zone, jointly run with North Korea. Seoul had ordered it closed after Pyongyang defied international warnings and tested a long-range rocket. Now, with South Koreans in next week’s presidential election almost certain to elect liberal Moon Jae-in, […]
People touch specially woven Project Jacquard fabric being used in new ‘smart’ Levi denim jackets A young man in a white t-shirt pulls on a dark blue denim trucker jacket, tucks his smartphone in an inside pocket and puts in-ear headphones in his right ear. He mounts a fixed-gear bike with flat, slightly curved wide handlebars. Riding through the streets of San Francisco, he occasionally taps or […]
PARIS Greenpeace climbers unfurled a banner emblazoned with the French republican slogan “Liberty, Equality Fraternity” and the word “Resist” on the Eiffel Tower in Paris on Friday, a message urging people to vote against far-right candidate Marine Le Pen in Sunday’s presidential election. “We wanted to say we are against the rise of nationalism and authoritarianism in France and in other countries. This is our way of […]
KUALA LUMPUR Malaysian police said on Friday a third Turkish national has been detained, suspected of threatening national security, after two were held earlier this week. The detentions come amid concerns raised by U.S.-based Human Rights Watch that Turks in Malaysia are being held due to pressure from Ankara. Turgay Karaman, the head of an international school, and Ihsan Aslan, a businessman, were arrested on Tuesday. Ismet […]
I’d been living in Cuba for about a year when I met Marta. She was sitting in her friend Mita’s car, a woman I was shooting a project for. Marta was smoking a cigarette and had long nails. I took a picture. They were picking me up from the police station, I’d been taken into custody for photographing a police officer on the street, and I didn’t […]
By Saikat Chatterjee | HONG KONG HONG KONG Asian stocks declined for a third consecutive day on Friday as fresh falls in commodities raised concerns about the health of the global economy, though the euro bucked the broad weakness on receding concerns about France’s presidential election. Chinese stocks led regional losers, falling to a three-month low as concerns about tighter financial regulations weighed on banking shares while […]
Light initiates many chemical reactions. Experiments have for the first time demonstrated that increasing the intensity of illumination some reactions can be significantly faster. Here, acceleration was achieved using pairs of ultrashort laser pulses. (via WSJ)
BEIJING China has ordered private think tanks to register with the authorities, who will also keep tabs on research activity, under new rules published by state media, the ruling Communist Party’s latest move to stamp its authority on intellectual bodies. President Xi Jinping has overseen a drive to place the party back at the centre of China’s media, academia and charities, while cracking down on civil society […]
DUBAI // Judge Ayman Abdul Hakam must be one of the busiest men in his profession. Few judges would be able to say that they have settled 6,000 cases in just over seven weeks, but that’s exactly what Judge Hakam has achieved since the launch of the One Day Court in Dubai in March. Set up under the directive of Sheikh Mohammed bin Rashid, Vice President and […]
Spotify and a host of European internet businesses have called on Brussels to crack down on what they see as troubling practices by the likes of Apple and Google. Big internet platforms “can and do abuse their privileged position”, according to a letter signed by the chief executives of Spotify, music streaming rival Deezer and German start-up investor Rocket Internet among others. Although the letter to the […]
PARIS A quarter of the French electorate is due to abstain in the presidential runoff on Sunday, many of them left-wing voters disappointed after their candidates missed reaching the runoff, according to a poll by Odoxa. The projected abstention rate would be the second-worst for a presidential election runoff since 1965, underscoring the disillusionment of many voters at the choice between centrist Emmanuel Macron and far-right leader […]
SHANGHAI China’s home-grown C919 passenger jet is set to take to the skies on its long-delayed maiden flight on Friday, a major step for Beijing as it looks to boost its profile in the global aviation market. The narrow-body aircraft, which will compete with Boeing’s (BA.N) 737 and the Airbus (AIR.PA) A320, is a key symbol of China’s ambitions to muscle into a global jet market estimated […]
Throw them into the bay, or throw them into jail? Those were two possible replies to a poll set up by a user on Twitter. He wanted to know how to deal with “treacherous journalists” – the journalists in question were reporters working for the Panamanian daily newspaper La Prensa. The paper’s newsroom lies just 7.2 miles away from the offices of Mossack Fonseca, the law firm […]
MEXICO CITY Eight Latin American nations denounced Venezuelan authorities’ “excessive use of force” against civilian protesters, Mexico’s foreign ministry said on Thursday, after the death toll from anti-government unrest in Venezuela rose to 36. The eight nations, Argentina, Brasil, Colombia, Costa Rica, Guatemala, Honduras, Mexico y Paraguay, urged the Venezuelan government to respect human rights of its citizens. (Reporting By Alexandra Alper; Editing by Sandra Maler) -Reuters
Berkshire Hathaway’s (BRKa.N) Warren Buffett has sold “a reasonable amount” of his stake in International Business Machines Corp (IBM.N) after the stock crossed $180, CNBC reported. IBM’s stock touched $180 on Feb 14 and reached a high of $182.78 during Feb. 16 trading. It closed on Thursday at $159.05 on the New York Stock Exchange. Berkshire Hathaway and IBM could not be reached for comment outside regular […]
We are currently in the thick of the iPhone rumor season, with various reports claiming different specifications for the premium iPhone 8. However, most reports agree that the iPhone 8 will be announced alongside the iPhone 7s and iPhone 7s Plus in September. An analyst seems to think otherwise, claiming that Apple will surprise us all by announcing the iPhone 8 a few months earlier than expected. […]
Georgia Governor Nathan Deal on Thursday signed a bill allowing guns on college campuses in the state, making it the 11th of the 50 U.S. states to do so. Since the 2007 shooting deaths of 32 people by a student at Virginia Tech, a university in southwestern Virginia, state legislatures have grappled with the question of allowing licensed gun owners to bring their weapons on college campuses. […]
DUBAI// One of the country’s major education providers defended the high cost of school fees as necessary if schools are to attract the best teachers. Clive Pierrepont, director of communications for education provider Taaleem, said schools had to strike a balance between paying for the highest quality teaching staff available and keeping fees affordable for parents. “It is an absolute truth that the quality of a school […]
