North Korea has fired a missile into the Sea of Japan, with the latest provocative gesture from Pyongyang coming just days before US President Donald Trump meets his Chinese counterpart Xi Jinping. The Pentagon said North Korea had fired the missile at 6.42am local time on Wednesday and that it had landed in the sea nine minutes later. It said the rocket, believed to be a medium-range […]
By Phil Stewart | QAYYARA WEST AIRFIELD, Iraq QAYYARA WEST AIRFIELD, Iraq President Donald Trump’s son-in-law, Jared Kushner, voiced optimism about the long-term U.S. alliance with Iraq’s military and its campaign to retake Mosul from Islamic State on Tuesday, as he visited a base about 10 miles (16 km) from the city. Kushner was on the last day of a two-day trip to Iraq as the guest […]
Fox News is facing fresh legal and financial challenges after a third employee joined a racial discrimination lawsuit while a dozen brands stopped advertising on Bill O’Reilly’s top-rated programme following new allegations of sexual harassment and verbal abuse. The allegations that the cable network knew of complaints from black employees two years ago and failed to investigate them, coupled with the news of advertisers distancing themselves from […]
Italian government bond prices were lower on Monday, as investors focused on signs of political sclerosis rather than economic data pointing to strength in manufacturing and a drop in the ranks of the unemployed. The difference between Italian 10-year sovereign bonds and the benchmark German Bund — a key measure of investor confidence as it shows the premium traders are demanding to buy Italian debt — hit […]
By Scott DiSavino | NEW YORK NEW YORK Oil prices on Tuesday rose to a near one-month high as expectations of a drawdown in U.S. crude and product inventories outweighed news of higher Libyan production. Brent LCOc1 futures were up 91 cents, or 1.7 percent, at $54.03 a barrel by 11:27 a.m. EDT (1527 GMT). That pushed the global benchmark over its 100-day moving average, into overbought […]
Microsoft’s Windows has long been the world’s most popular operating system, but not anymore. Windows is no longer on top. For the first time ever, Google’s Android mobile operating system has managed to trump Windows and become the world’s most popular OS. This further goes to prove how mobile has soared and in today’s mobile-driven world, Android rules the game. Android Dethrones Windows Web analytics firm StatCounter […]
Greek ministers and the country’s bailout monitors were on Tuesday trying to strike a deal on the pension and labour market reforms needed to unlock further financial aid. With the clock ticking down to more than €6bn in debt repayments that Athens must make in July, negotiators say an accord on the main elements of the policy package must be reached soon to stave off the risk […]
British Prime Minister Theresa May arrived in Saudi Arabia on Tuesday hoping to tap the oil-rich kingdom’s “immense potential” as she looks to secure post-Brexit investment and trade. May landed at a military airport in the Saudi capital, state news agency SPA said, coming from Jordan. Facing criticism at home and calls to raise rights issues with Saudi leaders, May insisted she had no problem talking about […]
By Foo Yun Chee | BRUSSELS BRUSSELS French, German and Italian groups urged their national antitrust enforcers on Tuesday to look into alleged anti-competitive practices by McDonald’s (MCD.N), potentially putting the U.S. fast-food chain on course for multiple investigations in Europe. The three complaints share similar concerns about McDonald’s franchising terms and conditions, including prices set for products sold at franchises, saying consumers are charged more than […]
While Republican lawmakers in Congress gear up for a drive to cut regulation on the financial sector, bankers and lobbyists have their eyes on another institution in the US capital — the Federal Reserve. On Wednesday Daniel Tarullo, the Fed governor who has been supervising US banks, leaves the institution after eight years during which he assumed a hardline reputation overseeing the rebuilding of US finance from the […]
Photo Rifaat al-Assad in Paris in 2011. A Spanish judge ordered the seizure of numerous properties associated with him or his family. Credit Michel Euler/Associated Press LONDON — Rifaat al-Assad, an uncle of President Bashar al-Assad of Syria, was named on Tuesday in a European money laundering investigation. A Spanish judge, José de la Mata Amaya, ordered the seizure of properties in Spain that are controlled by […]
Submitted by James Durso “The lion is back in his den!” Hosni Mubarak, former President of Egypt, walked free last week after six years in detention on charges of murder and corruption. What does the U.S. have to show for it? Nothing. In January 2011, Egyptian activists planned protests against corruption, lack of economic growth, and the heavy-handed police tactics of the recent years. The protests were […]
KINSHASA, Congo — On Oct. 4, 2016, Etienne Tshisekedi made his final address to a crowd gathered in the courtyard of his party’s headquarters. The longtime leader of the Democratic Republic of the Congo’s opposition was visibly frail, and the speech, slow and hesitant, lasted only three minutes. But the old man still managed to rev up his followers, many of whom strained to hear from the […]
Mental health isn’t exactly one of the things that come to mind when the topic of climate change is discussed – more often, the environmental, health, economic, and sometimes even political impacts of climate change are in the spotlight, whereas mental health is pushed aside or not discussed at all. A collaborative study is now revealing that not even mental health is safe from the global effects of […]
Imagination Technologies lost more than half its market value in a single day this week when the chip designer revealed that Apple, its largest customer, was developing its own version of the graphical processing units in which the UK-based group has specialised. Apple’s initiative to make a GPU, however, should not have come as such as surprise to investors. It follows several months of intensive recruitment by […]
M1 has introduced two mobile plans tailored for business users as it looks to increase its service offerings for the local enterprise market. The Singapore telco announced the M1 Enterprise Mobile 6 and 12 plans, offering unlimited local messaging and voice calls, and 6GB or 12GB data allowance that could be used locally as well as in 56 global markets. These countries were selected based on their […]
By Greg Torode and Michael Martina | HONG KONG/BEIJING HONG KONG/BEIJING China is steadfastly opposed to the deployment of advanced U.S. anti-missile radars in South Korea because it does not know whether the defences, intended for North Korean missiles, are capable of tracking and countering Beijing’s own nuclear programme, experts say. Beijing’s resistance to the THAAD (Terminal High Altitude Area Defence) anti-missile system put up south of […]
By Michelle Nichols | UNITED NATIONS UNITED NATIONS U.S. Secretary of State Rex Tillerson will chair a United Nations Security Council meeting on North Korea on April 28 to discuss how the body can combat Pyongyang’s banned nuclear and missile programs, U.S. Ambassador Nikki Haley said on Monday. North Korea has been under U.N. sanctions aimed at impeding the development of its nuclear and missile programs since […]
Tesla, the upstart electric carmaker, surpassed US motor pioneer Ford in market value on Monday, as investors look to a future beyond the internal combustion engine. Shares of Tesla, founded in 2003, rose 7.3 per cent to a market capitalisation of $48.7bn, gliding past the 100-year-old Ford, whose shares fell 1.7 per cent after disappointing March sales results to a market value of $45.3bn. While it is symbolic for […]
That big hug was just what Mr. Sisi’s government sought, said Eric Trager, a scholar on Egypt at the Washington Institute for Near East Policy. “It wants to see the White House legitimate it, and set it on a new course.” Continue reading the main story The scene provided a powerful counterpoint to Mr. Sisi’s many critics, in Egypt and abroad, for whom he is known as […]
Dubai, UAE – April 3, 2017 BlackBerry Limited (NASDAQ: BBRY; TSX: BB) today shared new details on its broad licensing strategy which addresses the growing need for secure, connected devices and endpoints in today’s Enterprise of Things. The first phase of BlackBerry’s strategy, announced in September 2016, was focused on providing the most secure and comprehensive Android software for smartphones around the world manufactured and marketed […]
Journalism has a trust problem. In the run-up to the 2016 election, a Gallup poll revealed Americans’ trust in the press had sunk to an all-time low, with just 32 percent surveyed they felt “a great deal” or “a fair amount” of trust in the mainstream media. Whether it’s criticism from the Trump administration, the failure of the media to correctly forecast the outcome of the 2016 […]
A new sexual harassment lawsuit against Rupert Murdoch’s Fox News Channel has increased the pressure on the cable network with allegations that Bill Shine, its co-president, failed to protect a female contributor from retaliation by Roger Ailes after she spurned his unwanted advances. Julie Roginsky, a Fox News contributor and political consultant, alleged in a complaint filed in New York State supreme court that she was denied […]
Investors face a test of nerve as the second quarter beckons. The rally in US stocks and the dollar sparked by the election of Donald Trump is looking stretched, amid doubts about the president’s ability to deliver fiscal stimulus for the economy that can justify lofty equity valuations. The shifting mood has spurred money into emerging markets and European stocks, with EM currencies enjoying a stellar March […]
