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Mid Term

By Amanda Becker and Ginger Gibson | WASHINGTON WASHINGTON President Donald Trump will release a tax plan on Wednesday that proposes to sharply slash rates on businesses and overseas corporate profits returned to the United States, officials said. The Trump administration is touting the blueprint, which also calls for higher standard deductions for individuals, as a landmark tax cut just days before the Republican president marks his […]

By Syed Raza Hassan | KARACHI, Pakistan KARACHI, Pakistan Afghan and Indian intelligence agencies gave funds and other assistance to Pakistani Taliban militants to fight Islamabad, the group’s former spokesman, who surrendered last week, said in a video released by Pakistan’s military on Wednesday. Afghanistan strongly refuted the claim, while India’s Ministry of External Affairs said it was not yet able to comment on the video. Both […]

By Marton Dunai | BUDAPEST BUDAPEST Anti-government protesters have filled Budapest’s streets in recent weeks, but divisions within the opposition and weak support outside the capital mean they are unlikely to herald a serious threat to Prime Minister Viktor Orban in next year’s election. Triggered by a law targeting an international school founded by liberal U.S. financier George Soros, the rallies have galvanised broader public anger against […]

There are several rumors about the OnePlus 5 making the rounds. Some say it will be called the OnePlus 5 because of a Chinese fear of the number 4. Others say it will sport dual cameras. A Qualcomm Snapdragon 835 chip is apparently a shoo-in too as rumors suggest. While these give an idea of what the phone will be, that’s all they give — an idea. So far, […]

Modest dress is enjoying a renaissance. Fashion brands are increasingly embracing the long-held view shared by those in region that style does not have to equate to revealing a lot of flesh. Building on the foundations of sensuality over sexuality, and demure over décolletage, the West is finally catching up with the Middle East in terms of tasteful dressing. Women in the Middle East have long expressed […]

With little macro data overnight (aside from a modestly disappointing Australian CPI print), offset by an ongoing of corporate profits (this is the single busiest week for corporate earnings in more than 10 years), today everyone’s attention will be focused on three things to come out of Washington: taxes, healthcare, spending. And while we did our best to summarize what is known and unknown last night, this […]

This piece originally appeared in Local Edition, our newsletter following the digital transformation of local news. Want to be part of the conversation? You can sign up here. What do you need to unlearn to stay in journalism? This week, two journalists named almost exactly the same thing. That’s not rare, but it struck me as interesting because they’re at such different points in their career. Here’s what they […]

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ANKARA Turkish authorities arrested more than 1,000 people on Wednesday they said had secretly infiltrated police forces across the country on behalf of a U.S.-based cleric blamed by the government for a failed coup attempt last July. The nationwide sweep was one of the largest operations in months against suspected supporters of the cleric, Fethullah Gulen, a former ally of President Tayyip Erdogan who is now accused […]

Emirates is eyeing increased collaboration with low-cost carrier flydubai, as it continues to streamline costs in a turbulent aviation market. Emirates chairman Sheikh Ahmed bin Saeed Al Maktoum said in particular the Dubai-based airline could seek greater “synergies” in terms of aircraft fleet and routes with its sister airline flydubai. Asked whether Emirates was considering purchasing any narrow body aircraft – particularly as competition in the budget […]

26 April 2017 Mumbai, INDIA – Etihad Airways, the national airline of the United Arab Emirates, and strategic partner Jet Airways, India’s full-service premium international carrier, have signed a ground breaking agreement with the Government of Maharashtra to promote tourism to the western Indian state. The partnership will enable both airlines to capitalise on their strong links with Maharashtra and further propel domestic and international arrivals into […]

Wednesday 03:00 BST Overview Momentum from a buoyant Wall Street carried over into Asia trading as equities rallied while bonds and oil prices continued to slide. Hot topic Stock markets across the region took their cues from Wall Street, where on Tuesday the S&P 500 neared a record closing high and the tech-focused Nasdaq closed above 6,000 for the first time. In Sydney, the S&P/ASX 200 was […]

Ontario capital Toronto. The province is hosting the first major universal basic income test in North America in 30 years.Image: carlo allegri/getty images By Patrick Kulp2017-04-26 01:15:48 UTC Thousands of randomly chosen Canadians may soon receive free checks in the mail. The province of Ontario just announced that a major trial run of a universal basic income program could begin as early as this summer. Universal basic […]

ANKARA Turkey will not wait at Europe’s door forever and is ready to walk away from EU accession talks if rising Islamophobia and hostility from some member states persist, President Tayyip Erdogan told Reuters in a wide-ranging interview on Tuesday. Speaking at the presidential palace less than two weeks after winning sweeping new powers in a referendum, a relaxed Erdogan said a decision by a leading European […]

By Dan Levine | SAN FRANCISCO SAN FRANCISCO A U.S. judge on Tuesday blocked President Donald Trump’s executive order that sought to withhold federal funds from so-called sanctuary cities, dealing another legal blow to the administration’s efforts to toughen immigration enforcement. The ruling from U.S. District Judge William Orrick III in San Francisco said Trump’s Jan. 25 order targeted broad categories of federal funding for sanctuary governments […]

Pollution levels are increasing each day with new air and water pollutants being emitted into the environment via automobiles and large scale factories. However, it was thought that at least underground water or groundwater was unaffected. A new study reveals that this may not be the case. Scientists have found a baffling trace of present-day rain water in one particular groundwater reserve. Groundwater Pollution Groundwater contains rainwater and […]

25 April 2017 Dubai, UAE – Global Islamic Finance Report (GIFR) 2017, the oldest yearbook in Islamic banking and finance, was launched yesterday in Fairmont The Palm, Dubai by Mr Abdulla Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre. According to GIFR 2017, the estimated figure for the global Islamic financial industry in 2016 is US$2.293 trillion after recording a growth of 7%. This, however, […]

SEOUL The U.S. military has started moving parts of the controversial THAAD anti-missile defence system into a planned deployment site in South Korea, Yonhap news agency reported on Wednesday, amid high tensions over North Korea’s missile and nuclear programmes. The United States and South Korea have agreed to deploy THAAD in response to the threat of missile launches by North Korea but China says it will do […]

By Steve Friess | DETROIT DETROIT A Palestinian-born activist who spent 10 years in an Israeli prison on a terrorism conviction before moving to the United States and gaining citizenship pleaded guilty on Tuesday to immigration fraud, agreeing to be deported rather than sent to prison. Rasmieh Yousef Odeh, 69, is scheduled to be sentenced on Aug. 17 and subsequently stripped of her U.S. citizenship and expelled […]

Tuesday 12:30 BST What you need to know ● Stock markets extend rally on French election relief● Euro adds to gains as Paris’ bond yields steady ● Havens attract sellers, pushing down gold, the yen and Bund prices● Traders eye Nasdaq 6,000 as company earnings slip into fast gear● Brent crude prices higher as base metals firm——————- Hot topic The relief over the French election, which boosted […]

By Yashaswini Swamynathan U.S. stock index futures rose on Tuesday, building on a day-earlier rally as investors assessed quarterly earnings, while awaiting a major tax plan from President Donald Trump. * Trump promised last week to make “a big tax reform and tax reduction” announcement on Wednesday. The President has directed his aides to move quickly on a plan to cut the corporate income tax rate to […]

After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as high as 1.09 this morning before fading some gains; oil is up […]

As prototypes and schematics of Apple’s upcoming premium smartphone, the iPhone 8, leak through various online channels, one of the biggest questions surrounding the device is its release date. There have been rumors that the iPhone 8 will see a significant delay of one month or two months, compared to the regular release schedule of Apple. A new note by famed Apple insider, KGI analyst Ming-Chi Kuo, corroborates […]

The Lafarge scandal, as it became known in the French media, stoked ire among critics who accused the company of seeking to improve profitability despite growing danger for its employees. The situation underscores the difficulty of doing business in war-torn regions. The company has argued that its local managers saw little recourse other than paying off armed groups to guarantee the safety of staff members and keep […]

By Dustin Volz | WASHINGTON WASHINGTON The Senate’s main investigation into allegations of Russian meddling in the 2016 U.S. presidential election is equipped with a much smaller staff than previous high-profile intelligence and scandal probes in Congress, which could potentially affect its progress, according to sources and a Reuters review of public records. With only seven staff members initially assigned to the Senate Intelligence Committee’s three-month-old investigation, […]

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