Born in Sheffield, British chef Jason Atherton ran away from home at 16 to pursue a life in food. Early in his career, he trained with chefs such as Pierre Koffmann and Marco Pierre White. In 2001, he joined the Gordon Ramsay group and opened Ramsay’s restaurant Verre at the Hilton Dubai Creek. He returned to the UK in 2005 to open another Ramsay restaurant, but by […]
TOKYO Toshiba Corp’s (6502.T) troubled U.S. nuclear unit Westinghouse intends to file for Chapter 11 protection from creditors, Japan’s government said on Wednesday, as the conglomerate seeks to limit losses that have plunged it into crisis. Yoshihide Suga, the government’s chief spokesman, told a regular news briefing he was aware that Pittsburgh-based Westinghouse plans a bankruptcy filing. Sources with knowledge of the situation have said that the […]
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 […]
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. […]
Overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses, signalling their growing concern as the UK prepares to start the formal process of leaving the EU. Forty European business lobbies, representing 20m companies in 34 countries, issued a statement calling for a post-Brexit settlement which would preserve the integrity of the single market, deliver […]
By Valerie Volcovici and Jeff Mason | WASHINGTON WASHINGTON President Donald Trump on Tuesday signed an order to undo Obama-era regulations to curb climate change, keeping a campaign promise to support the coal industry while calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners, Trump enacted his “Energy Independence” executive order at the Environmental Protection Agency. A coalition of […]
By Kentaro Hamada and Taro Fuse | TOKYO TOKYO U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba’s thinking said. Pittsburgh-based Westinghouse, crippled by cost overruns at two U.S. projects in Georgia and South Carolina, will file for protection under Chapter 11 […]
Dawn is the time to see Angkor Wat. Waiting in the dark as the exquisite 11th-century temple is conjured out of the Cambodian jungle feels ridiculously thrilling. As the sun rises above the tall, minutely carved, lotus-like towers, and the ornate magnificence of the buildings is reflected in the great ornamental lakes, you get a sense of how 19th-century French explorer Henri Mouhot must have felt when […]
“The new tax rate will bring Saudi Aramco in line with international benchmarks,” Saudi Aramco’s chief executive officer, Amin H. Nasser, said in a statement. Continue reading the main story The tax cut was announced a couple of months after intensive discussions with international bankers in Riyadh about how the offering should be structured. Bankers and independent specialists said the cut would help increase the cash flow […]
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 […]
With President Trump’s America First agenda, we thought it would be useful to understand which other nations value America highly. As Statista’s Martin Armstrong details, the Made-In-Country-Index (MICI) 2017 has shed light on the reputation of products produced in 49 countries (plus the EU) worldwide. In the overall ranking, the U.S. placed in a ‘could do better’ joint 8th with France and Japan. The infographic below takes a […]
TOKYO Investigators pored over a Japanese mountain on Tuesday after a massive avalanche tore through a group of high school students and teachers, killing eight, amid questions about why avalanche warnings were ignored and whether they had proper equipment. The avalanche in central Japan on Monday, which struck along some 50 metres (150 ft) of a steep slope just above a ski area, killed seven students and […]
SEOUL South Korea’s family-run conglomerates are facing calls for a shakeup in their governance from a leading candidate in May’s presidential election, following the ouster of former President Park Geun-hye in a burgeoning influence-peddling scandal. The conglomerates known as chaebol have come under the reform buzz saw before, only to emerge bigger and stronger than ever. The country’s four biggest chaebol groups account for around half the […]
European governments and related organisations have ramped up their sales of new debt this year, in the latest sign of bond markets bracing for rises in interest rates and an increase in political risks. Overall borrowing from eurozone sovereigns, local authorities, agencies and supranationals such as the European Investment Bank is currently at €210bn — the highest year-to-date amount since 2012, Dealogic data show, and the second-highest […]
MANILA: The Philippines Monday (Mar 27) took delivery of two Japanese military surveillance aircraft to help it patrol vital sea lanes in the South China Sea, despite Manila’s increasingly conciliatory stance to Beijing’s claims over the disputed waters. Japan will lease a total of five surplus Beechcraft TC-90 planes to the Philippines, according to Manila’s defence secretary Delfin Lorenzana. Philippine military chief General Eduardo Ano said the […]
It grossed $1 billion and picked up numerous awards nominations, but it has been revealed that a particular aspect of Rogue One: A Star Wars Story proved one of the most controversial moments of the entire franchise. Fans were polarised by the computer-generated appearances of the long-dead Peter Cushing and a youthful Carrie Fisher, with some admiring the technical wizardry but many dismissing their inclusion as downright […]
MANILA Philippine troops have rescued three Malaysians held captive by Abu Sayyaf rebels, the military said on Monday, the second such operation in four days as security forces step up offensives against the notorious Islamist group. The three men were kidnapped from a ship eight months ago, and their rescue means no other Malaysians are currently held hostage as two others were rescued at sea last week. […]
As the March 29 official announcement of the Samsung Galaxy S8 and Galaxy S8 Plus draw near, leaks regarding the upcoming smartphones have been filling up the rumor mill. While recent reports have left almost nothing to the imagination regarding the Galaxy S8 and Galaxy S8 Plus, the most recent leak has spoiled all the official details regarding the devices, along with the official press images that […]
China has eclipsed Singapore as the biggest source of investment in Malaysian real estate, as soaring domestic property prices push mainland investors to hunt for bargains abroad. Chinese groups have invested more than $2.1bn in Malaysian real estate over the past three years, compared with $985m invested by Singaporean companies between 2014 and 2016, according to figures from Real Capital Analytics based on completed transactions of $10m […]
Monday 04:30 GMT Overview Dollar weakness weighed down Asia-Pacific equities while government bonds and gold gained as investors in the region sought havens in the wake of US President Donald Trump’s failure to repeal Obamacare. Hot topic The US dollar was lower against a variety of currencies in Asia as investors tempered expectations of pro-business reforms from the Trump administration after Republicans failed to unify around healthcare […]
Last week saw the largest drop in aggregate Treasury short positions since Brexit. Ironicaly, while bond bears felt the squeeze, traders piled into Eurodollar shorts (increased rate-hike bets) sending the short-end’s positioning to record highs. Across the entire Treasury bond futures complex, shorts covered over 200,000 10-year-equivalent contracts (around $20 billion notional), but as is clear below, the net short – while the smallest since December 2nd […]
Your daily guide to community and cultural activities across the Emirates for March 27, 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 Al Ain Equestrian show Catch […]
The power of the movies to mould public opinion has never been lost on politicians, but rarely do they get to wield it as a tool for pro-war propaganda with such force as during the Second World War. A new three-part docuseries that comes to Netflix on Friday, Five Came Back: A Story of Hollywood and the Second World War, “tells the extraordinary story of how Hollywood […]
