U.S. stocks were little changed at the open on Friday as investors awaited Federal Reserve Chair Janet Yellen’s speech, which could give more clarity on the odds of an interest rate hike this month. The Dow Jones industrial average .DJI was up 4.41 points, or 0.02 percent, at 21,007.38, the S&P 500 .SPX was down 1.89 points, or 0.07 percent, at 2,380.03 and the Nasdaq composite .IXIC […]
A one-year seismic hazard model for 2017 from the US Geological Survey, forecasts lower damaging ground shaking levels in the central and eastern US compared to the previous forecast, in areas where there have been numerous earthquakes induced by wastewater disposal from industrial activities. Despite the recent drop in earthquake rates, Oklahoma and southern Kansas still face a significant risk of induced earthquake damage in 2017. (via […]
Technology accelerates by leaps and bounds, which can only spell doom for most workers’ economic prospects. How long before a robot or algorithm can do your job, leading to mass “technological unemployment?” Machines are learning to master once-unthinkable tasks. Yet, even though our software can best us at Jeopardy! and our hardware has learned to run and jump, there’s still no consensus among economists that […]
By Yashaswini Swamynathan U.S. stocks looked set to climb further on Thursday after a record day on Wednesday, as strong economic data added to the optimism about the U.S. economy. Wall Street’s main indexes rallied on Wednesday and the Dow Jones Industrial Average sailed past the 21,000 mark, boosted by President Donald Trump’s more measured tone in a speech to Congress and as bank stocks surged on […]
ABU DHABI // Students from United Arab Emirates University have designed an environmentally-friendly car to compete in an eco-marathon in Singapore this month. The vehicle – made from synthetic materials, plastic and carbon fibre – will be raced against 100 teams from March 16 to 19. The students, who are competing in the marathon for the first time this year, took 4 months to design, build and […]
BERLIN A Christian cleric on Thursday criticised Chancellor Angela Merkel for kowtowing to Egyptian President Abdel Fattah al-Sisi and downplaying human rights concerns as she headed to north Africa to expand trade and investment ties. Joachim Schroedel, a German cleric who has worked in Egypt for more than two decades, expressed anger at Merkel’s assertion that Egyptian Copts were in a “very good situation” and her description […]
TOKYO Asian shares rose on Thursday as investors were encouraged by President Donald Trump’s measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a U.S. rate hike this month buoyed the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent, led by rebound in Australian shares . Japan’s Nikkei .N225 rose 1.3 percent […]
Superloop has expanded its high-speed intercapital colocation network with a new point of presence (PoP) at NextDC’s C1 datacentre in Canberra. The addition of C1 connectivity sees the Asia-Pacific fibre infrastructure company complete its national footprint through NextDC, with connections already at the latter’s datacentres in Brisbane, Sydney, Melbourne, and Perth. According to Superloop, the nationwide deployment of capital city infrastructure gives the company the ability to […]
Wednesday 16:30 GMT Overview Wall Street surged to another record as comments from Federal Reserve officials caused traders to boost their bets for an increase in US interest rates this month and investors celebrated a more upbeat tone from Donald Trump in his first address to Congress. In keeping with he risk-on mood that washed across financial markets around the globe, the dollar also rose and gold […]
The high profile event will showcase a wide range of real estate opportunities with Al Bandary Real Estate and Ezdan Real Estate amongst the top local companies exhibiting Doha, Qatar: March 01, 2017 Cityscape Qatar 2017, the largest real estate development and investment exhibition in the State of Qatar, welcomes this year a large number of leading local and international exhibitors to participate in its sixth edition, […]
MANILA Philippines President Rodrigo Duterte has signed the Paris Agreement on Climate Change restricting greenhouse gas emissions, putting the deal one step closer to ratification in the country, a senator said on Wednesday. The agreement, which came into force on November 4, aims to transform the world’s fossil-fuel-driven economy within decades and slow the pace of a global temperature increase to “well below” 2 degrees Celsius. Manila […]
Dubai, United Arab Emirates, February 28, 2017 –(ME NewsWire) As per BNC Construction Analytics, with the recent announcement of new projects, the number of ongoing utility projects increased by 2% in January, 2017 as compared to December, 2016, even after considering the recent completion of 12 utility projects, that have a combined estimated value of around USD 87 million. As per BNC’s January 2017 Utilities Report there […]
Tuesday 12:30 GMT Overview Global stocks are finishing a positive month on a mixed note as traders appear cautious about making fresh bold bets ahead of Donald Trump’s speech to a joint sitting of the US Congress later on Tuesday. The dollar is fairly steady, while gains for perceived haven assets such as Treasuries and the Japanese yen speak to the underlying tentative tone. Hot topic The […]
28 February 2017 Dubai, UAE – Gulfood 2017, the 22nd edition of the world’s largest food and beverage trade platform, has rubberstamped its standing as a true industry weathervane and innovation laboratory. Right across the 1,000,000 square foot show, which runs until Thursday 2 March at Dubai World Trade Centre (DWTC), up to 90,000 food professionals from 150 countries are absorbing tens of thousands of products being […]
By 2019, 77 percent of businesses in Australia will have embraced the Internet of Things (IoT) in some form, according to a study by Aruba, a Hewlett Packard Enterprise company. In its latest study, The Internet of Things: Today and Tomorrow, Aruba said the remaining 13 percent of Australian organisations are currently not thinking about an IoT strategy, with approximately 8 percent of those surveyed still unclear […]
Light introduced through an optical fiber can determine whether a patient’s blood is coagulating by measuring the vibration of red blood cells. Credit: Andrii Pshenychnyi A University of Central Florida professor has invented a way to use light to continuously monitor a surgical patient’s blood, for the first time providing a real-time status during life-and-death operations. The technology developed by UCF scientist Aristide Dogariu uses an optical […]
By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks ended slightly higher on Monday and the Dow closed at a record high for a 12th straight session, as President Donald Trump said he would make a “big” infrastructure statement on Tuesday. The Dow’s streak of record-high closes matches a 12-day run in 1987, with Boeing (BA.N) and UnitedHealth (UNH.N) among the biggest boosts for the Dow […]
Gold’s almost 10 per cent advance this year will be in jeopardy should US president Donald Trump’s key address to Congress on Tuesday reignite the dollar rally and prospect for higher interest rates. The yellow metal has been one of the chief beneficiaries of the cooling this year of the so-called “Trumpflation” trade, which sent the dollar to a 13-year high in early January and helped buoy […]
Researchers examined whether new industrial applications could be developed for various types of sludge and fly ash generated by the paper and board industry. (via WSJ)
Monday 08:50 GMT Overview European stock markets are making gains, tracking another set of record highs for Wall Street’s main equities gauges. The rally reaches the region even after Asia missed out, with banking and commodity stocks leading a sell-off there. Hot topic US equity futures are pointing to further gains after a late rally on Friday pushed the S&P 500 up 0.2 per cent while the […]
Saudi Aramco’s initial public offering (IPO) could encourage other Gulf countries to list their oil assets, a leading regional economist said, but the oil giant must clear uncertainties over taxation, OPEC policy and ownership of crude. Nasser Saidi, a former economy minister of Lebanon, told Dubai Eye Radio in an interview that Aramco has to address how the company will separate its assets and liabilities from those […]
Corporate speeches usually avoid talk of a “difficult and dark” past. But this month Mark Cutifani, head of Anglo American, defended the South African mining industry’s record on opening up ownership to the country’s black majority. With the government planning to shore up black participation in mining, the next few months are the most critical in the sector’s 150-year history, Mr Cutifani said. Many “still don’t understand” […]
Akamai has published its Q4 2016 State of the Internet/Security report As always, an interesting read and an opportunity to look at trends in attacks. Not all trends are up and to the right. As the report states, Q4 2016 was “the third consecutive quarter where we noticed a decrease in the number of attack triggers”. Still, “the overall 2016 attack count was up 4% as compared […]
February 25, 2017 by: Arash Massoudi and Javier Espinoza Bain Capital has made a €3.6bn offer to buy Stada, as the bidding war between private equity firms for the German maker of generic versions of drugs such as Viagra nears its climax. The offer from the US-based buyout group values shares in Stada at €58 a share and comes two days after its rival Advent International also […]
