Top executives from two of the world’s biggest investment banks have warned about the perils of Brexit, saying they have begun to firm up plans to uproot jobs from London ahead of Britain’s departure from the EU. Banks had been among the most vocal opponents of Brexit in the run-up to June’s referendum, donating millions of pounds to the Remain campaign and speaking openly about the thousands […]
A team of scientists seeking to restore Pluto to planethood launched a campaign on Tuesday to broaden the astronomical classifications which led to its demotion to a “dwarf planet” a decade ago. Six scientists from institutions across the United States argued that Pluto deserves to be a full planet, along with some 110 other bodies in the solar system, including Earth’s moon. In a paper presented at […]
Tuesday 18:30 GMT What you need to know ● Sell off in financials drives S&P 500 down 1 per cent● Euro climbs to $1.08 and dollar index slips below 100● 10-year Treasury yield at lowest since start of month● Oil prices come under renewed pressure● Gold heads for fifth daily rise in a row——————- Overview A sharp and sudden sell-off for US financial stocks helped put the […]
(Image: file photo) NEW YORK — A lot of people woke up confused by the news this morning that the US government is banning electronics on some inbound flights from several Muslim-majority countries. They’re right. It doesn’t make sense. The simple rundown is that passengers on all airlines with direct flights from ten Middle Eastern and African airports — including in Turkey, Saudi Arabia, and Jordan — […]
By David Shepardson and Kylie MacLellan | WASHINGTON/LONDON WASHINGTON/LONDON The United States and Britain on Tuesday imposed restrictions on carry-on electronic devices on planes coming from certain airports in Muslim-majority countries in the Middle East and North Africa in response to unspecified security threats. The U.S. Department of Homeland Security said passengers traveling from those airports could not bring devices such as tablets, portable DVD players, laptops […]
By Elisabeth O’Leary | EDINBURGH EDINBURGH While the economic case for Scottish independence once centred on oil, people like company director Niall McLean now argue that trade is the way to ensure their country’s future prosperity – and avoid the damage of the United Kingdom leaving the EU. Turning Scotland, which sells two thirds of its exports to the rest of Britain, into a heavyweight international trader […]
DUBAI // As the war in Syria moves into its seventh year, the children who survive the violence end up suffering severe psychological damage, long after physical scars have healed. After completing stringent studies on their mental health, experts say these “invisible wounds” are taking a crippling toll on Syria’s children. “The results are deeply troubling,” said Helle Thorning-Schmidt, chief executive of Save The Children International and […]
By Luke Baker | JERUSALEM JERUSALEM Russia and other world powers must move to limit Iran’s growing military strength in Syria because it poses a regional threat, the director-general of Israel’s Intelligence Ministry told Reuters in an interview. Israeli officials estimate Iran commands at least 25,000 fighters in Syria, including members of its own Revolutionary Guard, Shi’ite militants from Iraq and recruits from Afghanistan and Pakistan. It […]
At the start of March we showed a fascinating chart from Rystad Energy, demonstrating how dramatic the impact of technological efficiency on collapsing US shale production costs has been: in just the past 3 years, the wellhead breakeven price for key shale plays has collapsed from an average of $80 to the mid-$30s… … resulting in drastically lower all-in breakevens for most US shale regions. Today, in […]
Emmanuel Macron and Marine Le Pen, the two frontrunners in France’s election, clashed in the country’s first presidential debate over issues including Islam’s place in society, as initial polls indicated the former economy minister had held off his rivals. A little more than one month before the first round of voting, Monday’s three-hour debate was characterised by finger pointing and innuendo among the five leading hopefuls, with […]
Smart Voice & One Remote Making TVs “smart” is one thing, but being able to use them smartly and to their full potential is another. Smart TVs have come a long way since Samsung first introduced theirs as a “connected-TV” back in 2009. In 2011, Samsung was the first to use the term “Smart TV” that converged the computer and its integrated internet, a conventional TV, and […]
Fashion Forward kicks off at Dubai’s Design District on Thursday with a packed three days of runway shows, sector talks and designer presentations. The latest edition will see 17 new brands debuting their collections before eagle-eyed buyers, members of the press and public. The significant leap in participant numbers appears to reflect renewed optimism when it comes to the wider fashion industry. According to a Dubai Chamber […]
The two defectors, who live in an undisclosed location abroad, made their case on Monday to small group of human rights experts and reporters in a private meeting at the United States Holocaust Memorial Museum, and in a brief interview afterward. Neither photographs nor recordings of the session were allowed, to help protect their identity. They and their extended family are presumed to be at risk from […]
Authored by Melkulangara Bhadrakumar via The Strategic Culture Foundation, The common thread running through the two major ‘hot spots’ in the Middle East today – the conflicts in Syria and Libya – is undoubtedly the threat to international security from the extremist groups operating in these theatres. Therefore, Syria and Libya become test cases of the efficacy of the international community – Russia and the United States […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices rose early on Tuesday on expectations that an OPEC-led production cut to prop up the market could be extended, and as strong demand was seen to slowly erode a global fuel supply overhang. Prices for front-month Brent crude futures, the international benchmark for oil, were at $51.76 per barrel at 0043 GMT, up 14 cents, or 0.3 percent, from […]
Big Chinese cities have launched a new round of lending curbs and purchase restrictions in an effort to cool overheated property markets, as official media warn that some have veered towards a bubble. Sky-high prices in cities including Beijing, Shanghai, and Shenzhen are stoking anger, even among relatively well-off professionals. Meanwhile, controlling financial risk has emerged as the dominant economic policy theme for 2017. At the conclusion of the […]
By Matt Spetalnick and David Brunnstrom | WASHINGTON WASHINGTON The Trump administration is considering sweeping sanctions aimed at cutting North Korea off from the global financial system as part of a broad review of measures to counter Pyongyang’s nuclear and missile threat, a senior U.S. official said on Monday. The sanctions would be part of a multi-pronged approach of increased economic and diplomatic pressure – especially on […]
Perched atop the Delta IV rocket as it blasted off in Cape Canaveral Air Force Station on March 18 was a US Air Force’s Wideband Global SATCOM (WGS-9) satellite. The WGS-9 will be the ninth member of the planned network of 10 military communication satellites in space. “WGS provides anytime, anywhere communications for soldiers, sailors, airmen, Marines and international partnership through broadcast, multicast, and point-to-point connections,” Robert Tarleton, […]
St. Stephen Middle School student Lakaysha Governor works on her Chromebook on Monday, March 20, 2017, on a school bus recently outfitted with WiFi by tech giant Google, as College of Charleston professor RoxAnn Stalvey looks on in St. Stephen, S.C. Lakysha is one of nearly 2,000 students in South Carolina’s rural Berkeley County benefiting from a grant from Google, which on Monday unveiled one of its […]
The Authority marks the day with a range of internal and external initiatives to spread joy inside the Authority and beyond to the whole community 20 March 2017 Dubai, UAE – Dubai Culture & Arts Authority, the Emirate’s dedicated entity for culture, arts and heritage, has celebrated International Happiness Day 2017 with a range of internal and external initiatives that have spread joy inside the Authority and […]
When Tim Armour graduated from Middlebury College, a liberal arts institution in Vermont, he faced a conundrum. He could either accept a graduate programme slot at a West Coast investment group, or go and run a windsurf shop in Florida. Because he loved to windsurf but did not want to turn down a more sensible job, he asked the asset manager whether he could put off the […]
By Lawrence Hurley and Andrew Chung | WASHINGTON WASHINGTON Democrats raised questions on Monday about whether Neil Gorsuch, President Donald Trump’s U.S. Supreme Court nominee, would rule against abortion rights and gun control while favouring corporations as his Senate confirmation hearing began, with the court’s ideological balance at stake. Judiciary Committee Republicans praised Gorsuch, the conservative appeals court judge from Colorado nominated by Trump on Jan. 31, […]
It has been clear for months that Mosul will be liberated. And sure enough, Iraqi forces backed by U.S. assistance and firepower are now moving to clear the remaining western neighborhoods of Iraq’s second-biggest city. Islamic State leaders have reportedly fled the city and military operations will soon be complete. Success in Mosul is a testament to the determination of the Iraqi forces that have lead this […]
LONDON/BRUSSELS Prime Minister Theresa May will trigger Britain’s divorce proceedings with the European Union on March 29, launching two years of negotiations that will reshape the future of the country and Europe. May’s government said her permanent envoy to the EU had informed European Council President Donald Tusk of the date when Britain intends to invoke Article 50 of its Lisbon Treaty – the mechanism for starting […]
