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Business

By Jamie McGeever | LONDON LONDON The turmoil in Washington surrounding Donald Trump’s presidency is rattling world markets, and the burst of volatility could force investors into a strategic or tactical rethink of how much risk they are happy to face. Increasingly damaging revelations about the Trump administration’s and election team’s dealings with Russia triggered the biggest fall on Wall Street on Wednesday since last September and […]

FT Select

Donald Trump is facing the gravest crisis of his presidency following the claim that he urged James Comey, the recently ousted FBI head, to halt an investigation into Michael Flynn, the retired general who was briefly his first national security adviser. According to a memo made by Mr Comey after a private meeting in February, Mr Trump asked him to stop investigating Mr Flynn, who had been […]

FT Select

Donald Trump in February asked James Comey, then head of the FBI, to halt an investigation into Michael Flynn, the former national security adviser, according to a memo that the law enforcement official wrote at the time.  During a private Oval Office meeting with Mr Comey, Mr Trump said: “I hope you can let this go,” in a reference to the FBI investigation into Mr Flynn, according to […]

Middle East

Iraqi forces have recaptured nearly 90 percent of west Mosul from the ISIL and jihadists in the city are on the “brink of total defeat,” military spokesmen said Tuesday. Iraqi forces launched the massive operation to retake Mosul from ISIL nearly seven months ago, fighting their way to the jihadist-held city, retaking its eastern side and then attacking the west. Brigadier General Yahya Rasool, spokesman for Iraq’s […]

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In the meeting with the Russian ambassador and foreign minister, Mr. Trump disclosed intelligence about an Islamic State terrorist plot. At least some of the details that the United States has about the plot came from the Israelis, the officials said. Continue reading the main story The officials, who were not authorized to discuss the matter and spoke on the condition of anonymity, said that Israel previously […]

Newsbox

The timing, intensity and public announcement of the accusations suggested that the Trump administration was signaling a tougher political line on Syria, as well as seeking to embarrass Russia and Iran, all in an effort to put pressure on Damascus at the Geneva talks. Continue reading the main story Five previous rounds of negotiations in Geneva have yielded little progress. The war is now in its seventh […]

World

By Jack Kim and Ju-min Park | SEOUL SEOUL North Korea’s successful missile test-launch signals major advances in developing an intercontinental ballistic missile, such as mastery of re-entry technology and better engine performance key to targeting the United States, experts say. The isolated country has been developing a long-range missile capable of striking the mainland United States mounted with a nuclear warhead. That would require a flight […]

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Companies

15 May 2017 The legal departments at Pepsi-Cola International, Total Marketing Middle East and Qatar Financial Centre Authority were among the big winners at the Middle East Legal Awards, which took place at The Ritz-Carlton, Dubai, on Thursday (11 May). The trio were named Legal Department of the Year in the large team, small team and government, department, agency or public body categories respectively. The award for […]

World

GEORGE TOWN: A police report has been lodged by an investigating officer (IO) after a probe showed that JJPTR’s scheme involved investments amounting to RM1.7bil. Penang police chief Comm Datuk Chuah Ghee Lye said two police reports had been lodged in Penang so far – one from the public and the other from the IO. “The IO’s report was to enable him to conduct an investigation into […]

India Takes

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. It’s unclear where to start with President Trump’s interview with NBC’s Lester Holt that left the White House second-string spokesperson on a precipice better associated with the Flying Wallendas. “Trump’s account flatly contradicts the White House’s initial account of how […]

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World

By David Morgan and Patricia Zengerle | WASHINGTON WASHINGTON U.S. President Donald Trump defended his firing of FBI Director James Comey on Wednesday as Democrats intensified accusations that the ouster was intended to undermine an agency probe into his presidential campaign’s possible collusion with Russia to sway the 2016 election. The Republican president’s abrupt move on Tuesday stunned Washington and was swiftly condemned by Democrats and by […]

World

The news has been abuzz lately with a forex (foreign exchange market) investment company based in Penang. The company has around 400,000 investors/members, and they have all not received their promised dividends recently. Worse still, they were all denied access when they tried to log into their accounts on the website. Even when they tried going to the offices, they could not get answers because the offices were CLOSED!!! […]

Markets

Invesco’s move to snap up Source, the London-based exchange traded fund provider, has thrust the US asset manager into the centre of an increasingly ferocious battle across Europe’s passive investment industry. European fund managers now face another formidable US competitor in addition to the existing heavyweights BlackRock and Vanguard, which are pursuing a cut-throat ETF price war as they expand their presence in Europe. Atlanta-based Invesco already […]

World

KUNDUZ, Afghanistan Taliban militants captured a district just outside the northern Afghan city of Kunduz on Saturday, officials said, pointing to renewed pickup in fighting after the insurgents announced their annual spring offensive last week. Mahfouz Akbari, a police spokesman for eastern Afghanistan, said security forces had pulled out of Qala-i-Zal district, west of Kunduz city, on Saturday to avoid further civilian and military casualties after more […]

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Markets

11:00 am Suppose we could be brave, Bryce, and go with a pic of Jeffery Lacker as our portrait for today 11:01 am Well, he stepped down from the Richmond Fed after fessing up to helping a colleague at a sister publication — Medley — on a story 11:02 am 11:03 am I could give you a rival’s analysis of the story 11:03 am It’s not the […]

Newsbox

Still, the Iraqi forces face hundreds of militants who appear determined to fight to the end in neighborhoods still teeming with hungry and increasingly desperate civilians. Continue reading the main story The new operation will also require careful synchronization among the Iraqi Army, Interior Ministry troops and the Counterterrorism Service, which report to different authorities in Baghdad and sometimes seem to be fighting separate wars. Tensions among […]

World

By Yeganeh Torbati | WASHINGTON WASHINGTON U.S. Secretary of State Rex Tillerson on Wednesday outlined for his staff how an “America First” agenda translates into foreign policy, but did not address the Trump administration’s proposed budget cuts, which worry many diplomats. It was the first time Tillerson had addressed all employees since his first day on the job on Feb. 2, when he spoke to hundreds of […]

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TAP Research

Prototype of the hand that sees. Credit: Newcastle University A new generation of prosthetic limbs which will allow the wearer to reach for objects automatically, without thinking—just like a real hand—are to be trialled for the first time. Led by biomedical engineers at Newcastle University, UK, and funded by the Engineering and Physical Sciences Research Council (EPSRC), the bionic hand is fitted with a camera which instantaneously […]

World

By Susan Heavey | WASHINGTON WASHINGTON U.S. President Donald Trump came to office promising that he would produce so much winning that Americans would be sick of it. As he struggles to produce wins, some signs of frustration are starting to appear. Democrats’ gleeful declarations that they outsmarted Republicans in a battle over a spending bill that avoided a government shutdown drew the ire of the president. […]

Investing

Dr. Steve Pieczenik, the consummate intelligence insider, made a bold claim on the Alex Jones show today, suggesting the National Security Advisor H.R. McMaster and Jared Kushner were behind a counter revolution to silence the alt-right. He cited the outing of General Flynn, the demotion of Stephen Bannon, Gorka and others, as evidence that something was happening inside the White House to silence the movement that got […]

Arts & Culture

Your daily guide to community and cultural activities across the Emirates for May 2, 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 Abu Dhabi Fitness event Register […]

Companies

Dubai, United Arab Emirates, 01 May 2017 The AACE International Conference and Exhibition 2017 under the theme protecting capital investment through project cost control and risk management was inaugurated today and attended by 40 distinguished speakers and 500 delegates from across the region and different countries. The conference promotes the best practices in the field of cost and risk management. An exhibition was organized in conjunction with […]

World

By Martin Petty and Manuel Mogato | MANILA MANILA Across Asia, more and more countries are being pulled into Beijing’s orbit, with the timid stance adopted by Southeast Asian nations on the South China Sea at a weekend summit a clear sign this fundamental geostrategic shift is gathering momentum. U.S. President Donald Trump’s flurry of calls at the weekend to the leaders of the Philippines, Thailand and […]

Biz Tech

(Image: Hawking.org) It’s a pet obsession that both physicist Stephen Hawking and entrepreneur Elon Musk — two people credited with pushing the boundaries of technology and science in pioneering ways — have in common: Rampaging intelligence, borne within machines, could end the human race if utilized dangerously. “I believe there is no real difference between what can be achieved by a biological brain and what can be […]

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At Al Azhar, he embraced the mosque’s Grand Imam, Ahmad al-Tayeb, who urged the West not to hold an entire religion “accountable for the crimes of any small group of followers.” Continue reading the main story Pope Francis then turned to matters of state, seeking to encourage progress on human rights from his host, President Abdel Fattah el-Sisi. Mr. Sisi ousted the Muslim Brotherhood in a military […]

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‘Demagogic’ populism does not help cause of peace. The pope invoked Egypt’s “glorious history” as an ancient cradle of civilization to argue on Friday that the delivery of a more peaceful future required a new civility that appreciated differences, resisted the violent path of close-minded absolutism and condemned extremists who camouflage terror in religious language. Continue reading the main story “An education in respectful openness and sincere […]

Business

By Jennifer Ablan and Stephen Nellis | NEW YORK/SAN FRANCISCO NEW YORK/SAN FRANCISCO Growing tensions with North Korea should worry global electronics firms such as Apple Inc as they source key parts from South Korea, but investors are brushing off such concerns and snapping up shares in key exporters, heartened by robust earnings and big investment plans. U.S. President Donald Trump said on Thursday in an interview […]

Newsbox

Egypt is still suffering from coordinated Palm Sunday bombings of two Christian churches that killed more than 40 people, nearly killed the head of the Coptic Church and prompted President Abdel Fattah el-Sisi to declare a three-month state of emergency. Continue reading the main story Francis will lend his support to the roughly 250,000 Roman Catholics in Egypt and insist on the protection of minority rights, including […]

Newsbox

Yoav Galant, the Israeli construction minister, also declined to confirm the strikes but told Channel 10, “Our enemies must know: We will know to use our power to protect our interests by ourselves.” Continue reading the main story Large explosions were heard miles from the airport that serves Damascus, the Syrian capital, and the glow of flames could be seen in the distance, according to residents in […]

TAP Research

Thermal image showing thermal runaway of an 18650 cell with an implanted internal short circuiting device. Credit: Donal Finegan (UCL, NASA and NREL) How lithium-ion (Li-ion) batteries behave under short-circuit conditions can now be examined using a new approach developed by a UCL-led team to help improve reliability and safety. The use of high energy density Li-ion batteries is ubiquitous – from powering portable electronics to providing […]

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