JPMorgan is in talks to buy a new building in Dublin, but has told London staff it will not “rush into any decisions” on how it will adjust its operations after Brexit. Bloomberg reported that the US bank was in talks to buy a 130,000 sq ft office in the centre of the Irish capital which could accommodate about 1,000 people. The bank declined to comment. The news […]
CAPE TOWN, South Africa, March 30, 2017 The award-winning African Utility Week (www.African-Utility-Week.com ), taking place from 16-18 May in Cape Town, will showcase how the continent is coming up with innovative, home-grown solutions to its energy and water challenges and how these are creating exciting and lucrative opportunities for utilities and industry suppliers alike. Experts from respected partners in the industry such as the World Bank, […]
The Samsung Connect Home router and app aim to make it easier for people to manage their connected things. Image: Joshua Goldman/CNET Samsung’s new Connect Home will offer a rival to Google Wifi or the Eero mesh router, but also features Samsung’s SmartThings hub to manage IoT devices in the home. The Korean giant is pitching the product as a convenient answer to the many things that […]
Thursday 08:35 BST What you need to know ● Stock markets mixed after Wall Street’s steady display● Shanghai Composite hits 6-week low amid liquidity concerns● Sterling holds above $1.24 as traders ponder Brexit implications● Dollar index above 100 as euro softens on ECB report● Oil prices add to Wednesday’s 2.1 per cent gain and gold dips——————- Hot topic Traders are keeping a wary eye on the action […]
Authored by Konstantin Richter via Politico.eu, Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve heard that one before, too.) But let’s just suppose that, when the […]
Filthy rich and already boast enough glass slippers to win a dozen princes? Italian shoemaker Antonio Vietri has the thing for you: 24-carat gold shoes. Vietri, from Turin in northern Italy, hopes to attract shoppers from wealthy Gulf countries with his blue or black suede moccasins with stitched gold-plated uppers. “These are the first shoes in the world in 24-carat gold,” he told AFP. “The particularity of […]
Hedge fund managers may be criticised for their recent returns but they have consistently displayed a razor sharp sense of timing when it comes to picking when to sell their own businesses. When Och-Ziff, the New York-based hedge fund founded by the former Goldman Sachs trader Daniel Och, decided to sell equity to the public markets it did so near the top of the market in late […]
29 March 2017 Under the patronage of H.E. Sheikh Al Fadhil Bin Mohammed Al Harthy, Secretary General of the Council of Ministers, the first edition of Smart Cities Summit was launched on Tuesday at Oman Convention and Exhibition Center in the presence of a number of excellences, high officials and diplomats. The summit was attended by delegations from Dubai, Qatar, The Republic of Korea, KSA, USA, Belgium, […]
In what was the clearest sign to date that the Fed is targeting the stock market bubble with its rate hikes (recall two weeks ago Goldman caused a stir when it suggested that the Fed had made a policy error by being overly dovish with its rate hike, which instead of tightening financial conditions, had the effect of a 25bps rate cut), today not one but two […]
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. Donald Trump is temporary ratings gold, which is either evidence of renewed civic engagement or merely the decline of Western civilization. Variety reports that Fox News “finished far and above its competition in the ratings for the first quarter of […]
Bloomberg suffered its second-ever drop in the number of ubiquitous terminals dotting global trading desks as it fell victim to cost cutting by the finance industry. The number of Bloomberg’s distinctive black terminals, used daily by bankers, traders and money managers, fell by 3,145 last year to just under 324,500, down nearly 1 per cent from 2015, according to a report on Tuesday from Burton-Taylor International, one […]
By Guy Faulconbridge and Elizabeth Piper | LONDON LONDON Prime Minister Theresa May will file formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the endurance of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk in a letter that the UK really is quitting […]
Square Enix has pushed Final Fantasy XIV closer to free-to-play territory with the removal of the 14-day limit on the trail version of the MMORPG. The removal of the time limit of the Final Fantasy XIV trial comes just as Square Enix prepares to release Stormblood, the next expansion for the game. ‘Final Fantasy XIV’ Trial No Longer Has 14-Day Limit The release of the latest patch for Final […]
LIMA Extreme floods wreaking havoc in Peru are also threatening the South American country’s rich archeological heritage and the tourism that thrives on it, a Peruvian archaeologist said on Tuesday. At least 50 archaeological sites in Peru have been damaged by the intense rains that are battering northern Peru, resulting in a drastic drop in related tourism, said archaeologist and explorer Walter Alva. Alva discovered the tomb […]
By Daniel Trotta and Tom James A Seattle woman who became a folk hero by fighting off a would-be rapist in a public bathroom has sparked a boom in women’s self-defense classes, making a meme out of the war cry she used in battle: “Not today!” followed by an expletive. Kelly Herron, 36, was taught to “be loud and fight like a savage” in self-defense training at […]
Spring offers ideal sightseeing weather, with destinations ranging from Japan and Rome to Cuba and Australia. David Whitley rounds up where to go this Spring. newslide April 2017 Japan The spring months are when Japan turns pink, with the famous cherry blossom trees bursting into life across the country. April is the peak of cherry blossom season and hits that sweet spot where temperatures are comfortable for […]
Wednesday 04:40 GMT Overview Asian markets were mixed, with energy stocks benefiting from a recovery in crude oil prices, while the UK pound dropped after Prime Minister Theresa May dispatched the letter that will trigger Britain’s exit from the EU. Hot topic The pound weakened 0.3 per cent to $1.2409 in Asia trade, bringing its losses over the past two sessions to 1.2 per cent, in response […]
Emirates Global Aluminium (EGA) mandated Bank of America Merrill Lynch, Goldman Sachs and JP Morgan to advise on its initial public offering, sources familiar with the situation have said. The three banks, which were mandated as joint global coordinators, declined to comment. One source said the company had earnings before interest, tax, depreciation and amortisation (EBITDA) of at least $1.5 billion and that its closest publicly traded […]
SYDNEY Asian shares inched ahead on Wednesday while the dollar and commodities rallied as investors shook off disappointment about U.S. President Donald Trump’s failed healthcare bill and focused on an improving outlook for global growth. The cheerful mood did not extend to the pound which was on the skids as the British government sent a letter to Brussels formally starting the country’s exit from the European Union. […]
Your daily guide to community and cultural activities across the Emirates for March 29, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Family workshop Book […]
For as long as man has looked up at the heavens, he’s pondered one question: Are we alone in the universe? While the answer remains unclear, there’s a tonne of research being conducted to determine just what life-sustaining planets beyond Earth might exist — and what they might look like. There’s no shortage of imaginative renderings and fiction about what such worlds may entail, as well. Countless […]
When it comes to hedge fund paranoia, few can hold a light to the world’s undisputed leader: Ray Dalio’s Bridgewater – the former employer of current FBI director James Comey – which in addition to maintaining absolute secrecy about its operations, policies and culture, and vigorously pursuing anyone who disseminates Dalio’s famous morning notes, has relentlessly sued any former employees who breach the company’s notorious non-compete. And […]
Since its founding in 1857, The Atlantic has been a fundamentally American magazine. It was launched by leading lights of American literature: Ralph Waldo Emerson, Henry Wadsworth Longfellow and Oliver Wendell Holmes. Nathaniel Hawthorne reported for the magazine from Civil War battlefields. President Abraham Lincoln once said that a favorable article in the magazine could save him seven or eight battles in the Civil War. But soon, […]
Tuesday 08:45 GMT What you need to know ● Markets recovering their poise after “Trump trade” wobble● S&P 500 futures higher and helping European to open on the front foot ● Energy stocks underpinning bourses as oil prices gain ground● Dollar steadies after sliding to four-month lows, Treasury yields nudge up● Gold prices ease back as haven flows dwindle——————- Hot topic Investors are rediscovering their risk appetite […]
