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Designer-to-the-stars Furne One, from the label Amato, rarely talks about his many achievements. Despite having found worldwide success dressing celebrities including Jennifer Lopez, Beyoncé and Katy Perry, the Dubai-based Filipino couturier’s reputation for being self-effacing precedes him. Seeking to shine a light on his talent is Los Angeles film producer, and founder of the Fashion News Lifestyle (FNL) network , Rocco Leo Gaglioti. His film, Inside Amato, […]

1 of 15 Fancy something fancy? We pay a visit to 14 of the city’s snazziest afternoon teas to scope out scones, sandwiches and smooth brews. 2 of 15 Al Fayrooz Lounge Rating: 4/5Most impressive item: Mango soufflé with blackcurrant sorbet.There’s a very traditional feel to this afternoon tea, with old-fashioned ceiling fans and a plush Arabesque lounge setting, but the tea itself has a modern twist; […]

Photo Minnesota football players spoke with the media on Friday. Credit Jeff Wheeler/Star Tribune, via Associated Press The University of Minnesota football team on Saturday rescinded its threatened boycott of a bowl game, a protest that had been intended to persuade the administration to lift the suspensions of 10 players entangled in a sexual assault inquiry. Team leaders continued to say that the 10 players, whose suspensions […]

By all accounts, the June charity gala at Skylight, a Beaux-Arts building in midtown New York, was a very glitzy affair. Whoopi Goldberg served as master of ceremonies, while Naomi Campbell and Leonardo DiCaprio were among the A-list guests. The hosts for the evening were Martin Chavez, named this week as the next chief financial officer of Goldman Sachs, and his husband, Adam Norbury. In many respects […]

As millions of children around the world drag their parents to shopping malls to sit on Santa’s lap and tell him their wishes, hardly anyone is coming to Demre. Turkey has an abundance of problems — frequent terror attacks, a swelling population of Syrian refugees, mass arrests after a failed coup — that have driven tourists away. The only foreign visitors to Demre these days seem to […]

Designer-to-the-stars Furne One, from the label Amato, rarely talks about his many achievements. Despite having found worldwide success dressing celebrities including Jennifer Lopez, Beyoncé and Katy Perry, the Dubai-based Filipino couturier’s reputation for being self-effacing precedes him. Seeking to shine a light on his talent is Los Angeles film producer, and founder of the Fashion News Live (FNL) network, Rocco Leo Gaglioti. His film, Inside Amato, had […]

The biggest surprise in meeting the entrepreneur behind Gulf meat eateries such as B+F Burger Boutique and Slider Station is learning that he is a recent adopter of veganism. Basil Al Salem — king of the juicy steak shawarmas on offer at Nomad Kitchen and the Coca-Cola-braised short ribs served up at Slider Station — went vegan earlier this year. But this does not mean that he […]

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NEW YORK Goldman Sachs Group Inc (GS.N) has agreed to pay $56.5 million to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553 trillion derivatives market. The proposed settlement was disclosed in papers filed in federal court in Manhattan on Friday. It came after seven other banks agreed in May to pay a combined $324 […]

Earlier in the day, Kaler said in a statement that the suspensions were the result of an “Athletics Department decision based on values” — and not a direct consequence of the 10 players’ violation of the university’s code of conduct. Continue reading the main story “A bowl game is a wonderful reward for an excellent football season,” Kaler said. “It is my hope that our eligible football […]

By James Oliphant and Emily Stephenson | WASHINGTON WASHINGTON With more than 20 nominees now selected, Donald Trump’s cabinet appears much like the president-elect himself: mostly older, white males, many of them wealthy, who see themselves as risk-takers and deal-makers and prize action over deliberation. Trump, who says Washington is “broken” and controlled by special interests, has largely eschewed technocrats with long government experience. Instead, he has […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices were stable on Friday as evidence increased that producers in the Middle East were informing customers of upcoming supply cuts as part of a coordinated effort to drain a global glut. But since any production cuts will only hit markets early next year and Iraq is still raising sales to Asia, analysts at Goldman Sachs said that the price […]

If you or someone on your holiday list wants flagship smartphone at a discounted price, B&H has some great deals to check out. The retailer is offering the Samsung Galaxy S7, S7 edge, LG G5, Google Nexus 6P, and free extras as part of its holiday sale.  ( Samsung ) For anyone looking to get a great deal on some of the most popular flagship smartphones, B&H […]

Friday 08:00 GMT Overview Equity markets are steady, holding near recent highs, as the dollar’s bounce to a 14-year peak on expectations of a more hawkish Federal Reserve pauses for breath. Bond markets are calmer too after the recent battering that pushed yields to their richest in many months, while gold edges up. Hot topic The dollar and surging bond yields has been one of the biggest […]

Friday 02:10 GMT Overview The US dollar has climbed to a 14-year high in the wake of the Federal Reserve’s decision this week to lift interest rates, putting pressure on Asian currencies and prompting caution among traders of regional stocks. Hot topic The dollar has been one of the biggest stories of the December quarter thanks to a more robust outlook for US inflation and growth. That […]

November 30, 2016 by: Joe Leahy in São Paulo Brazil’s economy recorded its seventh straight quarterly contraction between July and September, disappointing hopes the new government of president Michel Temer could engineer a quick turnround in the fortunes of Latin America’s biggest economy.  The news on the economy, with gross domestic product contracting at an annual rate of 2.9 per cent during the third quarter, came after […]

A one-two punch of a surging US dollar and rising interest rates sent the price of gold tumbling to its lowest level since February on Thursday, hurting the shares of miners and spurring hefty liquidations of exchange traded funds that track the metal. The price of gold in New York fell as much as 1.8 per cent to $1,122 an ounce, as the dollar rose across the […]

The US dollar marched higher on Thursday, reaching its strongest level against the euro for more than a decade, after the US Federal Reserve signalled a more aggressive outlook for interest rate policy. Europe’s single currency was among the hardest hit, falling through the $1.04 level to trade at its lowest level since early 2003. Driving the dollar’s strength is a growing divergence between benchmark interest rates […]

Thursday 11:00 GMT Overview Stock markets are trading cautiously as Treasury yields hit fresh highs after the Federal Reserve’s decision to raise interest rates for only the second time since the financial crisis. The prospect of the US central bank perhaps having to tighten policy faster than expected to reflect any additional boost to growth from president-elect Trump’s fiscal plans is lifting the dollar to a 14-year […]

By Howard Schneider and Lindsay Dunsmuir | WASHINGTON WASHINGTON The U.S. Federal Reserve raised interest rates on Wednesday and signaled a faster pace of increases in 2017 as central bankers adapted to the incoming Trump administration’s promises of tax cuts, spending and deregulation. The increase in the federal funds rate to a range of between 0.50 percent and 0.75 percent was widely expected. But the prospect of […]

Photo Stephen Curry of the Golden State Warriors signing autographs before a game in Memphis last week. The N.B.A. is in the midst of a highly prosperous stretch. Credit Brandon Dill/Associated Press At a time of enormous popularity and prosperity for the N.B.A., the league and the players’ union reached an agreement in principle Wednesday on a seven-year collective bargaining agreement that ensures labor peace through the […]

Katherine Goldstein is stepping down as chief of the securities fraud unit in the Manhattan U.S. attorney’s office to become a partner at Milbank, Tweed, Hadley & McCloy LLP. Ms. Goldstein, who has worked as a federal prosecutor for 12 years, will leave the government next month. In 2014, she became the first woman since […] (via WSJ)

Long-term borrowing costs for lower-quality US investment-grade companies are nearing 5 per cent — the highest level in nine months — as investors anticipate rising inflation and higher growth, reversing from the six-decade low touched earlier this year. The average yield on the closely followed Moody’s Baa index has climbed to 4.9 per cent, the highest since March when the US credit market slowly recovered from a […]

Dec 14, 2016 10:30 am IST As for the rest of the world, 2016 has been an eventful year for India. From the cash crunch to pollution to terrorist attacks to the Rio Olympics, there has been plenty for Indians to talk about online. Twitter, Facebook and YouTube have ranked the most talked about events, videos, people and hashtags of 2016. Perhaps unsurprisingly, Twitter said Indian Prime […]

newslide Dubai set to become online creation hub Dubai is set to join the world’s leading ‘content creation’ hubs following the revelation at Diff 2016 that YouTube is set to open a YouTube Space in Dubai Studio City. What is a YouTube Space, I hear you ask. According to Jamal Al Sharif, head of Dubai Film Commission and Dubai Studio City, it is everything the UAE needs […]

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