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Emirates will shift aircraft to destinations in Malaysia, Oceania and Africa as the airline scrambles for alternatives after eliminating 25 weekly flights to the US in the fallout from President Donald Trump’s travel restrictions. Planes on US routes usually fly more than 80 percent full in the summer season but are now “percentage points” less than that, hurting the flights’ profitability, Emirates President Tim Clark said in […]

The London market broke a four-day losing streak as the week’s spate of sterling-induced selling eased and consumer stocks from Burberry to Unilever put in robust performances. The marginal gains for the FTSE 100 were not enough to reverse Wednesday’s fall into losses for the year for the benchmark. But UBS maintaining that Burberry was its “preferred turnround name in luxury” and top pick in that European […]

Litigator Christopher Caldwell has spent the past nearly 30 years batting away offers from large law firms to merge with his downtown Los Angeles boutique. Then David Boies’s firm came calling. “It was the first time I got the response [from my partners] of—this is different,” Mr. Caldwell said. Now, L.A.-based Caldwell Leslie & Proctor […] (via WSJ)

By Ulf Laessing | MOSUL, Iraq MOSUL, Iraq If you want to hear the resentment people of Mosul feel now that Iraqi forces have driven Islamic State out of most of the city, you should talk to Saddam Hussein. Not the dictator, but the Mosul schoolteacher, who proudly shows off an identity card bearing the name which his parents gave him in the ruler’s honour 45 years […]

By David Lawder | WASHINGTON WASHINGTON World financial leaders gathered in Washington on Thursday with pledges to work with U.S. President Donald Trump to fix lingering trade problems while vowing to keep their commitments to free trade and global integration. Worries over Trump’s approach to trade, taxes, financial regulation and climate change clouded the start of the International Monetary Fund and World Bank spring meetings, even amid […]

Some Samsung Galaxy S8 units apparently have a red tint on their display, but Samsung does not consider it a defect — more like an easily adjustable detail. For those unfamiliar with the matter, the Galaxy S8 is not set to go on sale in the United States until April 21, but it already launched in Samsung’s home country of South Korea on April 17. The smartphone had […]

The US has set the stage for a global showdown over steel, launching a national security investigation that could lead to sweeping tariffs on steel imports in what would be the first significant act of economic protectionism by President Donald Trump.  The decision to use a 1962 law allowing the US government to limit imports that threaten its security readiness is intended to deliver on Mr Trump’s […]

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The biggest risk, critics say, is that Mr. Trump will talk himself into a war. Only slightly less dangerously, he could weaken the nation’s standing by backing off from a threat to use force. Continue reading the main story “In Beijing, Moscow, Tehran, they are recalibrating their strategies — you can’t deny it — because they don’t have any idea of how Trump will respond,” said Senator […]

At Creative Strategies, we have been researching millennial tech habits and demands for about five years. We recently did a survey with millennials, which challenged some notions you might have about this generation. In an essay that first ran on our blog, my son Ben shared what he found. – Tim Bajarin A core thesis we have about the future of technology here at Creative […]

Feb 15, 2017 11:46 am IST India’s space agency on Wednesday launched a record 104 satellites from a single rocket as it crossed another milestone in its low-cost space-exploration program. The satellites from seven countries were carried by the Indian Space Research Organization’s Polar Satellite Launch Vehicle on its 38th consecutive successful flight. The mission reinforces India’s emerging reputation as a reliable and cost-effective option for launching […]

MONACO A Slovakia-based company unveiled the commercial design for a flying car priced at more than $1 million on Thursday, saying it was ready for pre-orders with first deliveries expected by 2020. AeroMobil said its teardrop-like shaped AeroMobil Flying Car, displayed at the Top Marques Monaco, could switch to flight mode in less than three minutes. The wings fold away for driving on roads and swing out […]

BERLIN Ivanka Trump will meet German Chancellor Angela Merkel and International Monetary Fund head Christine Lagarde in Berlin next Tuesday at a summit of women from leading world economies, the organisers said. Trump, who is an informal advisor to her father, United States President Donald Trump, will join Merkel and Lagarde for a podium discussion on global support for women entrepreneurs at a two-day G20 women’s summit. […]

Following years of acrimony between OPEC and the hedge fund community, which the cartel dismissed simply as “speculators”, things suddenly changed in 2016 when the two groups got so close, there were outright reports of collusion between the two on various occasions. We documented this last month in “Why OPEC Is Colluding With Hedge Funds.” However, as Reuters’ energy analyst John Kemp pointed out on twitter this […]

AeroMobil display their latest prototype of a flying car, in Monaco, Thursday, April 20, 2017. The light frame plane whose wings can fold back, like an insect is boosted by a rear propeller. The company says it is planning to accept first preorders for the vehicle as soon as later this year. (AP Photo/Claude Paris) It may not be quite like the Jetsons, but for over a […]

Jose Vicente Salazar, ERC chairman and CEO (File photo from Philippine Daily Inquirer) The chair of the Energy Regulatory Commission (ERC), Jose Vicente Salazar, may have to face his battles alone after the four commissioners of the agency tasked with regulating the power industry on Thursday brought a complaint against him to the Civil Service Commission (CSC). In a joint affidavit, ERC Commissioners Alfredo Non, Gloria Victoria […]

By Sarah Marsh and Alexandre Meneghini | CIEGO DE AVILA CIEGO DE AVILA Cuban farmer Pascual Ferrel says his favorite fighting cock’s prowess was “off the charts,” so after it died of illness he had the black and red rooster preserved and displays it on his mantelpiece beside a television. “He fought six times and was invincible,” the 64-year old recalled fondly, talking over the crowing of […]

VATICAN CITY During his trip to Fatima, Portugal in May, Pope Francis will make two of the three shepherd children believed to have seen a vision of the Madonna 100 years ago there saints, the Vatican said on Thursday. Millions of faithful each year visit the Fatima shrine, one of the most famous in Christianity. The canonisation of Francisco Marto and his sister Jacinta Marto will take […]

(Image: Mastercard) Swipe-to-pay, then chip-and-PIN. What next, credit cards with fingerprint sensors? Turns out that’s Mastercard’s latest invention, a new credit card with an integrated fingerprint sensor, which aims to fight in-store fraud. The card, currently under trial in South Africa, includes sensor is embedded in plastic of the credit card, allowing customers to authorize a payment with a fingerprint, rather than a PIN code or a […]

Wall Street still exudes widespread optimism that 2017 will provide another year of solid if unspectacular economic growth and only gentle interest rate rises. With the S&P 500 up over 4.5 per cent for the year, here is a series of charts that will hearten investors of a more bearish persuasion. While there are good reasons why each chart should not be taken too seriously, together they […]

By Madeline Chambers | BERLIN BERLIN Germany’s Central Council of Muslims said on Thursday that the right-wing Alternative for Germany (AfD) was on a path to becoming a more radical, anti-Islamic party without co-chief Frauke Petry leading it into September’s national election. Petry had become the face of the anti-immigration party, which hurt Chancellor Angela Merkel’s conservatives during the migrant crisis but has leaked support this year. […]

By Jake Spring | SHANGHAI SHANGHAI When Chinese automaker GAC Motor was preparing to enter the United States market it foresaw challenges in product localization and regulation, but didn’t see any issue with the name of its flagship brand, Trumpchi. Executives at the firm and its parent Guangzhou Automobile Group (601238.SS) say they may now change the Trumpchi brand – which was meant to sound like its […]

The exciting discovery of a giant nearby exoplanet has researchers wondering about the possibility of finding the first trace of extraterrestrial life. The massive super-Earth is located 40 light-years away from our home planet, in the Cetus (“Sea Monster”) constellation, and has been dubbed the “best place to look for signs of life beyond the solar system.” Telescopes around the world, including the HARPS instrument at La Silla […]

You put the key in the front door, open it, step inside … and you’re home. Here, in the entrance hall, you have the first glimpse of the space in which you live. It’s the first area visitors and guests see, too. And yet the hallway is often neglected, relegated to a thoroughfare not worthy of a well-thought-out decorating plan. But the fact that it’s a functional […]

Verizon lost hundreds of thousands of customers in the first three months of the year despite resurrecting its unlimited data plan. The largest US mobile carrier that powers more than 100m US mobile devices said it lost 307,000 postpaid phone subscribers in the first quarter. Analysts had expected Verizon to add about 200,000 postpaid, or monthly, subscribers, which are viewed as the most lucrative wireless customers.  Analysts […]

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