In 2015, Malian businessman and former interim prime minister Cheick Modibo Diarra told Arabian Business: “When it comes to investment…Africa really is the last frontier. Be it agriculture, energy production, extraction of gold and diamonds, or oil and gas, we have a lot of opportunities and a young workforce that understands how business works.” He was speaking at a time when interest in Africa among Middle East […]
By Steve Holland and Emily Stephenson | WASHINGTON WASHINGTON Donald Trump took power as the 45th president of the United States on Friday and pledged to end what he called an “American carnage” of rusted factories and crime in an inaugural address that was a populist and nationalist rallying cry. Striking a defiant tone, Trump said American workers have been devastated by the outsourcing of jobs abroad. […]
After years of excess supply the global aluminium market may be turning a corner, as China seeks to cut capacity and the incoming Donald Trump administration ratchets up trade threats against the world’s largest producer of the lightweight metal. A glut of aluminium in recent years has decimated the US aluminium industry, where smelters were forced to shut down as Chinese imports rose. Now, after tackling excess […]
By Jamie McGeever and Marc Jones | LONDON LONDON For financial markets, the Trump era begins on Monday, and if history is any guide the following month should be a rocky one for Wall Street but positive for the dollar. The S&P 500 .SPX has fallen a median 2.7 percent in the month after each new president has taken the keys to the White House since Herbert […]
By Jeff Mason and Roberta Rampton | WASHINGTON WASHINGTON President Donald Trump signed his first executive order on Friday, heading into the Oval Office shortly after his inaugural parade to direct agencies to ease regulations associated with Obamacare, the signature healthcare law of his predecessor that Trump has vowed to replace. The White House also directed an immediate regulatory freeze for all government agencies in a memo […]
By Steve Holland | WASHINGTON WASHINGTON Donald Trump took power as the 45th president of the United States on Friday and pledged to end what he called an “American carnage” of rusted factories and crime in an inaugural address that was a populist and nationalist rallying cry. Striking a defiant tone, Trump said American workers have been devastated by the outsourcing of jobs abroad. “From this day […]
If you still think laptops are generic and the only difference between them are their price-tags, Dell invites you to think again. The latest Dell XPS 13 developer editon is everything a programmer could want from a high-end laptop. The latest Dell XPS 13 Developer Edition is the best of the best Linux laptops. (Image: CNET) You don’t have to believe me. Linus Torvalds himself picked out […]
Your daily guide to community and cultural activities across the Emirates for January 21, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Film screening Catch a screening of the 1925 Charlie Chaplin comedy film The Gold Rush at Cinema Space. The film is considered to be Chaplin’s masterpiece, and follows his character the Little […]
Friday 21:00 GMT Overview Financial markets gave a relatively muted response to Donald Trump’s inaugural speech as US president, with US stocks edging higher, Treasuries putting in mixed performances and the dollar easing back against its main rivals. Oil prices rose sharply amid hopes that producers would show compliance to a global deal to cut output. Gold initially struggled for traction but held above the $1,200 an […]
The Samsung Galaxy J7 smartphone (2017) model – believed to be the successor of the Galaxy J7 (2016) – is in the news again. Close on the heels of the alleged mobile case for the smartphone leaking online on Amazon, the handset has received the green signal from the Federal Communications Commission (FCC). The latest news comes courtesy priceraja.com, which reveals that the Samsugn smartphone has received […]
Kabir Mulchandani is a hands-on developer. While he may not be laying bricks, the SKAI Holdings CEO forwent his air-conditioned office in Downtown Dubai for an often stinking hot construction site on the Palm Jumeirah for the two years that it took for his flagship $1.2 billion hotel to be built. It was only in November that he finally walked offsite when the Viceroy Dubai Palm Jumeirah […]
Quantico star Priyanka Chopra won her second People’s Choice Award this week for favourite dramatic TV actress for her portrayal of FBI agent Alex Parrish. Unlike the Golden Globes or Academy Awards, the annual People’s Choice Awards, held on Wednesday at the Microsoft Theatre in Los Angeles, are decided by fans rather than industry peers. Chopra last year became the first South Asian actress to win a […]
“Basically what I did was work very, very hard, physically and mentally, to play 21 years, and that was the key to my career,” said Rodriguez, who set the record for games played as a catcher. “I know there was a lot of speculation, but look at where I am right now.” Now he is part of the gilded 1 percent who have worn a major league […]
Friday 05.10 GMT Overview Equities markets were mixed in Asian trading on Friday as the dollar ceded ground to regional currencies and China reported on-target economic growth ahead of the inauguration of US President-elect Donald Trump. Hot topic The dollar index measuring the greenback against a basket of peers fell 0.2 per cent after a two-day winning streak left it 0.8 per cent higher at Thursday’s close. […]
When it comes to bare-knuckle political lobbying, 12-year-old Claudia Conway is a chip off the old block. Today her mother, Kellyanne Conway, the Republican pollster credited with turning round Donald Trump’s presidential campaign, will be celebrating her 50th birthday at the inauguration of the 45th President of the United States. As his special counsellor, Conway is looking forward to life as the most powerful woman in the […]
Investor optimism faded in the week preceding the inauguration of Donald Trump as US president, with equity funds suffering their largest outflows since the surprise result of November’s election. Close to $2.5bn fled US equity funds in the week ending Wednesday, according to data from EPFR Global, extending outflows of $250m from the prior week and demonstrating that the investor demand that drove more than $60bn of […]
Lawmakers, government officials, and aid workers are bracing themselves for a broad offensive from President-elect Donald Trump against federal programs that support family planning and gender equality around the world. As one of his first acts in the Oval Office, the Republican president-elect plans to restore the “Mexico City policy” as soon as Sunday, a congressional staffer told Foreign Policy. Also known as the “global gag rule,” […]
Submitted by Peter Schiff via Euro Pacific Capital, There is much we don’t know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a Trump National Golf Course in Sochi? It’s anyone’s […]
By Ayesha Rascoe and Julia Edwards Ainsley | WASHINGTON WASHINGTON Donald Trump is ready to begin taking executive actions on his first day in the White House on Friday to move quickly on his pledge to crack down on immigration, build a wall on the U.S.-Mexican border and roll back outgoing President Barack Obama’s policies. Trump, a Republican elected on Nov. 8, arrived in Washington on a […]
A bonus of $250,000 is on offer to any runner who can break the world record at Friday’s Standard Chartered Dubai Marathon. The bonus is in addition to the first prize of $200,000 and underlines the status of the popular IAAF Gold Label race as the richest marathon in the world. Ethiopia’s Kenenisa Bekele, whose personal best is just six seconds outside the world record of 2h:02m:57s […]
Submitted by Charles Hugh-Smith via OfTwoMinds blog, You need Insiders who are loyal to an Outsider and an Outsider agenda to accomplish any real reforms. Readers ask a reasonable question: if Trump is a political Outsider, then why has he stuffed his staff with Insiders–Goldman Sachs alumni, generals, etc.? The question follows an understandable logic: wouldn’t an Outsider appoint other outsiders? The doubt expressed also follows a […]
Steven Mnuchin, Donald Trump’s nominee to be Treasury secretary, clashed with Democrats over the business practices of the lender he once chaired, saying he had been wrongly accused of taking advantage of unfortunate borrowers and that he would work “tirelessly” to boost the economy and US hiring. The former banker told the Senate finance committee that he had been maligned and that OneWest, the bank, had extended 100,000 […]
By Anjuli Davies and Andrew MacAskill | LONDON LONDON Global banks have begun signaling how they will put plans into action to cope with a “hard” exit by Britain from the European Union. Until now, banks have considered varying degrees of upheaval to their British-based businesses, depending on whether the outcome of Brexit was “hard” or “soft.” But after Prime Minister Theresa May said that Britain would […]
Netflix certainly took its time before finally introducing offline viewing of its content and was clearly prodded by the feature’s availability in the Amazon Prime platform. Now, it is Hulu’s turn to play catch-up after the company announced that subscribers will also be able to download content in a few months’ time. Hulu Offline Viewing It is not yet clear what kind of work is entailed in offering the […]
