This weekend, New York Times Executive Editor Dean Baquet took a shot at his rival, Washington Post boss Marty Baron. During an interview at South by Southwest Sunday, an audience member asked Baquet what he thought of The Washington Post’s new slogan: “Democracy Dies in Darkness.” “‘I love our competition with The Washington Post,’ Baquet said. ‘I think it’s great. But I think their slogan — Marty […]
By Katharine Houreld | NAIROBI NAIROBI Pirates have hijacked an oil tanker with eight Sri Lankan crew on board, Somali authorities said on Tuesday, the first time a commercial ship has been seized in the region since 2012. Security forces have been sent to free the Aris 13, a regional police official said late on Tuesday. Graphic on track of suspected hijacked tanker: http:// fingfx.thomsonreuters.com/gfx/ce/3/868/868/ARIS13.png Graph showing […]
Republicans are battling to save their new healthcare bill after Congress’s non-partisan watchdog said it would cause about 24m Americans to lose insurance and prompting fierce retaliation from the White House. On Tuesday, the Trump administration fought back against the Congressional Budget Office’s findings that the legislation, while reducing the budget deficit by $337bn, would cause an estimated 52m Americans to be uninsured by 2026. This compared […]
By Jonathan Allen and Scott Malone | NEW YORK/BOSTON NEW YORK/BOSTON A blizzard swept through the heavily populated northeastern United States on Tuesday, grounding thousands of flights, cancelling classes and pummelling those who ventured out onto snow-bound streets. Some 50 million people from Pennsylvania to Maine faced a “rapidly intensifying nor’easter” over the course of the day that was unusual for striking so late in the winter, […]
By Anthony Boadle | BRASILIA BRASILIA Former President Luiz Inacio Lula da Silva on Tuesday called charges “false” that he tried to block an ongoing investigation of the biggest graft scandal in Brazil’s history, which helped end the 13-year rule of his leftist Workers Party. Addressing a packed court, a defiant Lula appeared for the first time in one of five corruption trials in which he is […]
LONDON/PARIS An activist hedge fund has said it objects to plans by Walt Disney (DIS.N) to take full control of debt-laden Paris theme park operator Euro Disney (EDLP.PA), according to a letter seen by Reuters. Paris-based CIAM, which owns 1.4 percent of Euro Disney shares, has written to the board of the French company to object to what it believes are plans by Walt Disney to force […]
Tuesday 15:10 GMT What you need to know ● Pound under pressure amid Brexit and Scottish secession worries● Sterling drops below $1.22 and euro edges up towards 88p● S&P 500 down 0.5 per cent as sliding oil hits energy stocks● Treasury yields little changed ahead of Fed decision——————- Hot topic The UK pound is back under pressure as traders become concerned that Edinburgh’s demand for a another […]
Rumor has it that the successor to OnePlus 3T will skip the “4” and just jump into OnePlus 5, a la Note 5 jumping into the Note 7 naming scheme. The 3T has only been out for a few months, becoming available this past November. Yet, because of how fast-paced smartphone development has become, we’re now seeing rumors of the OnePlus 5, and they’re all sounding pretty good […]
Image: Supplied South African regulation technology company e4 on Tuesday launched its virtual biometric identity verification service in Australia. Virtual verification of identity (VOI) allows lenders and mortgage brokers to verify new customers to relevant anti-money laundering (AML) and counter terrorism financing standards through a cloud-based application. Typically, when consumers fill out a mortgage application online, they will need to visit a bank or post office branch […]
SEOUL North Korea warned the United States on Tuesday of “merciless” attacks if an aircraft carrier strike group led by the USS Carl Vinson, which is joining South Korean forces for exercises, infringes on its sovereignty or dignity. North Korea, which has alarmed its neighbours with two nuclear tests and a string of missile launches since last year, said the arrival of the U.S. strike group was […]
By Anna Irrera | NEW YORK NEW YORK Brokerage Charles Schwab Corp (SCHW.N) on Tuesday launched a service that combines its automated investment management technology with human advisors, as financial institutions race to offer digital financial advice. The service, called Schwab Intelligent Advisory, provides clients with a financial and investment plan, unlimited access to a human advisor via phone or video conference, and an investment portfolio of […]
To investors still betting — either by choice or technical necessity — that Toshiba can pull off a miracle escape act, Monday night produced yet another dispiriting blow. With just hours left before the troubled Japanese conglomerate was due to submit its audited third-quarter earnings — an already overdue document critical to its continued status as a listed entity — sources close to the company confirmed that […]
By Jeff Mason and Mark Hosenball | WASHINGTON WASHINGTON The Department of Justice said on Monday it had requested more time to respond to a request from lawmakers on the House of Representatives Intelligence Committee for evidence about President Donald Trump’s allegation that then-President Barack Obama wiretapped him. Earlier this month, without evidence, Trump accused his predecessor of wiretapping him during the 2016 election campaign. A spokesman […]
Turkish president Recep Tayyip Erdogan has loomed over European politics for more than a decade, entangled in the awkward embrace of reluctant allies. This weekend he burst into the middle of a fraught electoral season. The Dutch were behaving like Nazis, the Germans too, he said, by banning his foreign minister from speaking at rallies in their countries and setting police dogs on Turks who protested the […]
Nervousness in the US stock market has climbed to the highest level since the aftermath of the presidential election, even as equities have charted a mostly smooth path to further all-time highs in recent weeks. Credit Suisse’s fear barometer rose at the end of last week to 35.6, an increase of almost 10 points from the previous week and the highest reading since November 9, the day […]
By Kylie MacLellan and William James | LONDON LONDON British Prime Minister Theresa May cleared the final hurdle standing between her and the start of Brexit negotiations on Monday after parliament passed legislation giving her the power to start the EU exit process. Members of the lower house of parliament voted to throw out changes to the bill made by the upper house earlier this month, after […]
By Angela Moon | NEW YORK NEW YORK Airbnb, the leading online marketplace for short-term lodging, has no specific plans yet to go public, its chief executive officer Brian Chesky said on Monday. “We don’t have any announcement to make. We are working to make sure that the company is ready,” Chesky said at an event at the New York Exchange when asked about plans for an […]
OSLO Natural swings in the Arctic climate have caused up to half the precipitous losses of sea ice around the North Pole in recent decades, with the rest driven by man-made global warming, scientists said on Monday. The study indicates that an ice-free Arctic Ocean, often feared to be just years away, in one of the starkest signs of man-made global warming, could be delayed if nature […]
EDINBURGH Scottish First Minister Nicola Sturgeon has demanded a new independence referendum be held in late 2018 or early 2019, once the terms of Britain’s exit from the European Union have become clearer. To do so, she needs authorisation from Britain’s parliament, which is sovereign. The Brexit referendum last June called the future of the United Kingdom into question because majorities in England and Wales voted to […]
Nicola Sturgeon has called for a second Scottish independence referendum to be held by spring 2019, throwing the constitutional future of the UK into question just as it begins the process of leaving the EU. In a speech at her official residence in Edinburgh, the first minister accused Theresa May of having “not moved an inch” in response to calls for a special deal on Brexit for […]
/By Arabian Post Staff/ The board of directors of the mega bank being created by the merger of FGB and the National Bank of Abu Dhabi (NBAD) has met to approve key items ahead of the legal completion of the merger in the coming weeks. During the meeting, the Board decided on the Group’s corporate governance structure and finalised the nomination of Board committees and delegation of […]
Venus, known as Earth’s sister planet, is getting more attention for deeper exploration with many short- and medium-term plans on the anvil. Venus is special because it is on the cusp of a habitable zone with an atmosphere. Despite the hotter climate, weird atmospheric pressure, and acid rains, there is an expectation that Venus might be harboring many secrets. Challenges For Exploration Exploration of Venus had been fraught […]
In textbook fashion, the Federal Reserve has prepared traders and investors for a 25 basis points increase in policy interest rates this week. When it comes to lasting effects on markets, however, the Fed is likely to deliver more than the third rise in 10 years. It will also signal an important evolution in its policy approach aiming for a beautiful rate normalisation. Facing an implied probability […]
BOSTON BlackRock Inc(BLK.N), which wields outsized clout as the world’s largest asset manager, planned on Monday to put new pressure on companies to explain themselves on issues including how climate change could affect their business as well as boardroom diversity. The move by BlackRock, a powerful force in Corporate America with $5.1 trillion under management, could bolster efforts like climate-risk disclosure practices developed by the Financial Stability […]
