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Your daily guide to community and cultural activities across the Emirates for March 25, 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 Dubai Art exhibition Capturing the […]

The Fed’s most recurring lament over the past 8 years, ever since the Financial crisis, is that there has been no measurable inflation in the US economy when using such conventional indicators as CPI, even though according to recent measurements by PriceStats real inflation, not the BLS’ seasonally-adjusted, goalseeked and politically convenient  mutant, is now running at a blistering 3.6%, the highest in five years.   That […]

Last year, Donald Trump won the election for president by bemoaning the disappearance of the American factory and pledging to bring back manufacturing from other countries. Now in power, he might have to start worrying about the decline of another traditional pillar of the US economy — the American shopping mall. Fears that the rise of online shopping will lead to substantial dislocation in the retail sector […]

Gold ETFs or gold bars? Bars including one kilo gold bar at bullion dealers Goldcore, in London, U.K. (March 11, 2010). Photographer: Chris Ratcliffe/Bloomberg Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different investments. […]

The first quarter of 2017 is almost over and Xbox is keeping the game train going with its free game offering for April. Xbox Live has announced its April Games with Gold featuring four hit games: two Xbox One and two Xbox 360 games playable via backwards compatibility. These games are: Ryse: Son of Rome, Darksiders, Assassin’s Creed: Revelations, and The Walking Dead: Season Two. These limited-time games will […]

Ford said that slowing new car demand in the US and rising costs could halve its first-quarter earnings per share compared with last year’s record first quarter. The Detroit carmaker’s shares slipped in New York on Thursday after the company said in a statement that it now expects pre-tax profits of $9bn in 2017, down from $10.4bn last year. It expects profits to rise again in 2018. […]

Democrats criticised Donald Trump’s choice to run the Securities and Exchange Commission on Thursday, saying that Jay Clayton, a veteran securities lawyer, is too deeply entangled with Wall Street to be an effective markets cop. SEC ethics rules will require Mr Clayton, a partner with Sullivan & Cromwell in New York, to recuse himself for two years from enforcement actions involving his former clients or anyone represented […]

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Friday 06:00 GMT Overview Asian stock markets continued to recover after a midweek sell-off and as a highly anticipated vote on US healthcare reform was pushed back until later on Friday. European bourses are expected to open on the front foot, with spreadbetters predicting the UK’s FTSE 100 will add 8 points to 7,349 and Germany’s Dax to advance 20 points to 12,060. Hot topic Global markets […]

Putting on your make-up can be a struggle if the lighting is dim and space on your table is sparse. If not stored properly, lipsticks can go missing, foundation bottles can slip and crash, and brushes can lose their shape. Hand in hand with the contouring, baking and strobing beauty trends comes the need for a well-organised make-up station, where compacts are colour coordinated and lipsticks stand […]

US stock funds suffered their largest redemptions since the Brexit vote in June as Donald Trump’s push to reform healthcare floundered ahead of an expected vote in Congress in the biggest test yet of his young presidency. The quarrel among Republicans over the politically charged healthcare legislation has increased market volatility and flamed investor fears that the US president may struggle to pass tax reforms later this […]

Most website visits these days entail a database query — to look up airline flights, for example, or to find the fastest driving route between two addresses. Credit: Massachusetts Institute of Technology Most website visits these days entail a database query—to look up airline flights, for example, or to find the fastest driving route between two addresses. But online database queries can reveal a surprising amount of […]

To vote, or not to vote, that is the only question on the minds of Trump’s White House and House Republicans this morning.  If everything proceeds as planned, the Obamacare vote is currently scheduled for 7pm tonight.  That said, the further we press into today without confirmation that Republicans have narrowed the opposition votes from their own party down to 22 or less (as of last night […]

Rumors suggest that the Moto G5 handset could possibly get a new hue, which may excite smartphone lovers. Lenovo-owned Motorola launched its flagship smartphones Moto G5 and Moto G5 Plus at the Mobile World Congress (MWC) in February this year. The two smartphones were launched in two colors, namely Lunar Gray and Fine Gold. Moto G5: New Color Coming? The Moto G5 is possibly gearing up to add a blue shade to […]

Newfound volatility and jitters ahead of a key healthcare vote in Washington have sapped enthusiasm for corporate bonds, forcing several companies to pay up to borrow through debt capital markets and sending others to the sidelines to await market calm. Goldman Sachs and Santander were forced to offer more attractive new issue premiums to draw investors amid the subdued market conditions, as several recent bond offerings sold […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks, taking some cues from a steady Wall Street, edged up on Thursday while the path for the dollar, which crawled up from a four-month low, remained clouded by concerns about the prospects for U.S. President Donald Trump’s pro-growth agenda. Sterling GBP=D3 was steady at $1.2483 following a decline of as much as 0.4 percent on Wednesday, after an attack […]

March 23, 2017 by: Peter Wells in Hong Kong Thursday 02.15 GMT Overview Asian markets were in a more subdued mood and making a tentative recovery from a midweek sell-off in which many global stock markets suffered their worst session since the US presidential election. A terror attack in London on Wednesday also kept investors in a cautious mood. Hot topic A jolt to global financial markets […]

In the wake of the terror attacks in England, France, Germany and elsewhere, can we finally admit that the war on terror is an utter and complete failure? 10 Ways to Reduce Terrorism So if the war on terror has failed, what should we do to stop terrorists? I. Stop Overthrowing the Moderates and Arming Crazies We know it’s a difficult concept to grasp, but if we […]

DUBAI // An Ethiopian businesswoman threatened to have a policeman fired from his job, a court heard on Wednesday. The accused, 36, denied charges at Dubai Criminal Court of verbally assaulting an officer of the law and threatening to fire him and have him deported from the country on July 14 last year. The Yemeni officer was responding to the report of a fight at a cafe […]

newslide Actor George Clooney has surprised a fan on her 87th birthday in London. Clooney paid a visit to the fan named Pat Adams, a resident at a facility in Berkshire, to celebrate her special day on March 19 after she had told staff members how fond she was of him, reports telegraph.co.uk. He brought her flowers and a card. Linda Jones, a worker at the care […]

Markets now and again behave in ways least expected, none more so than the resilience of emerging market currencies against the US dollar. Two of the main factors underpinning EM foreign exchange flows — globalisation and oil — are going the wrong way. Globalisation looks more vulnerable than ever following the G20 finance ministers’ meeting that pointedly failed to include the need to fight protectionism in its […]

Just when it seemed the follow through from yesterday’s selloff would continue, algos may have found the only catalyst they need to press the bid: in his overnight note, Dennis Gartman writes “we actually ventured to the short side of the market, buying bearish derivatives and by 1:00 in the afternoon, doubling those positions and carrying them “home” through the close of trading.” Here is the key […]

Stock markets suffered their worst falls since the election of Donald Trump as Wall Street worries about the prospects for the US president’s pro-business agenda triggered a rush for financial havens. US markets led the declines, with the benchmark S&P 500 index tumbling 1.2 per cent and breaking a run of 109 trading days without a drop of 1 per cent or more. The Dow Jones Industrial […]

In the 1990s, fitness options in Abu Dhabi were limited to a smattering of dingy ­bodybuilding gyms and pricey hotel health clubs. “Gyms used to mean a treadmill, a bike machine, some weights and that was it,” recalls Maria Oritz, a self-confessed fitness freak who arrived in the city in 1998. “Classes were practically unheard of.” The following year, when Abu Dhabi Country Club opened the city’s […]

A technical problem at NYSE Arca, the Big Board’s listing venue for exchange traded funds, stymied the end of the trading day on Monday, hindering the closing auction for 341 securities, NYSE said on Tuesday. In a letter to clients on Tuesday, NYSE attributed the problem to a new version of software. Trading on the exchange has recommenced normally. “I am contacting you personally to emphasise that […]

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