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CARACAS OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year while price hawk Venezuela said it hoped its crude basket would rise to $70 in coming months. The head of the Organization of the Petroleum Exporting Countries was back in Caracas for a second meeting in two months with President Nicolas Maduro whom he lavishly praised for an “inspirational” role […]

This year could usher in a new era for Amazon’s in the context of AI devices as reports suggest that the Amazon Echo will dominate the AI space in 2017. In 2016, the Amazon Echo dominated the sales and ended up being one of the top selling items on Amazon.com. Now, Forrester Research’s estimates suggest that 6 million Echo devices were sold in 2016.  The Amazon Echo, features […]

OTTAWA Canada’s ethics watchdog is investigating Justin Trudeau for potential breaches related to his recent holiday on an island owned by the Aga Khan, the first time a prime minister has faced such scrutiny, media reported on Monday. Trudeau has been confronted with repeated questions from the opposition about his vacation in the Bahamas over the New Year’s holiday and said last week that he had flown […]

By Jessica DiNapoli and Lisa Richwine American Apparel LLC started to lay off staff on Monday after Canada’s Gildan Activewear Inc (GIL.TO) withdrew its initial plan to buy some of the bankrupt U.S. fashion retailer’s manufacturing operations, company employees said. Gildan won the rights to American Apparel’s brand with an $88 million bid in a bankruptcy auction last week. It had previously indicated it would assume some […]

He was the president who took out Osama bin Laden but was blindsided by Isis; who made Asia his priority but saw his trade deal for the region stymied; who built bridges with once sworn enemies in Cuba and Iran but who sparred with allies in Israel and Saudi Arabia. The mixed and sometimes messy foreign policy legacy of Barack Obama includes a climate change agreement and […]

Atlas Copco is to split itself in two and appoint a new chief executive as Sweden’s largest industrial group tries to boost shareholder value.  The Wallenberg-backed company is hoping to spin off its mining and construction tools business after a tough period following the slump in commodities market. That would leave the existing Atlas Copco to focus on compressors, vacuum technology and its big service business, which […]

The clock was dwindling, and a charging Cowboys lineman was just feet away as Rodgers, throwing in the opposite direction of his momentum, lofted a pass roughly 40 yards in the air toward Cook. Continue reading the main story “At that time, the quarterback’s best friend is muscle memory,” Rodgers later said. “You’re gauging your speed, the receiver’s path, the trajectory of the throw — all these […]

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China on Monday approved the resignations of two of Hong Kong’s top officials, including its financial secretary, paving the way for them to contest a March election to become the next chief executive of the financial hub. China’s State Council has accepted the resignations of financial secretary John Tsang, and of Carrie Lam, the city’s chief secretary, the official Xinhua news agency said. The former British colony […]

A few months before Titanfall 2 was released for the Xbox One, PlayStation 4, and PC in October of last year, developer Respawn Entertainment said that all future additions to the game, in the form of new modes and maps, will be completely free. Respawn followed through on that promise with the launch of the Angel City’s Most Wanted DLC for Titanfall 2. The DLC, released just a month […]

France held the first session of the conference in June, after the United States and others effectively gave up. Talks had broken down, and Mr. Netanyahu’s government had drawn international anger with its continued settlement activity in the West Bank and East Jerusalem, a red line for the process set out years before by Secretary of State John Kerry and other leaders. Continue reading the main story […]

Your daily guide to community and cultural activities across the Emirates for January 16, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Nationwide New movie In Into the Forest, sisters Nell and Eva (Ellen Page (pictured) and Evan Rachel Wood) find themselves in a battle to survive on their own at their isolated home in the […]

Seldom have such small chips carried such a heavy load. China’s fledgling semiconductor industry, after a messy birth, now finds itself in the crosshairs of conflicting political goals in Beijing and Washington. Chips are a key plank of China’s industrial plans, attracting a massive $150bn government subsidy. This reflects national angst over reliance on overseas markets — it spends more on importing semiconductors than oil — and […]

Monday 02.10 GMT Overview Asian markets were mostly lower despite bank-led gains for Wall Street on Friday but the spotlight was on the British pound as it tumbled to a four-month low amid heightened expectations of a “hard Brexit”. Hot topic Sterling was down 1.3 per cent at $1.2027 after falling as low as $1.1986 in early Asian trading, ahead of a speech on Tuesday in which […]

15 January 2017 In less than 6 weeks since its launch date, Startup Hero’s Youtube channel has announced over 136,000 subscribers, making it the largest business focused channel in the United Arab Emirates, attracting aspiring entrepreneurs from all over the world in just one episode. Startup Hero is the latest show in the Middle East to turn business ideas into reality by connecting young entrepreneurs with potential […]

By Estelle Shirbon and William James | LONDON LONDON Prime Minister Theresa May will use a major speech on Brexit next week to call on Britons to reject the acrimony of last year’s referendum and unite around the vision of a Britain more open to the world, her office said on Sunday. May intends to kick off the formal process of negotiating the terms of Britain’s exit […]

LONDON (Thomson Reuters Foundation) – Gul Bibi, an Afghan grandmother well into her eighties, never expected to become a fighter. But now she is one of more than a hundred women in Afghanistan’s northern Jawzjan province who have taken up arms against Islamist militants. Nearly all of the women have lost a husband, son or brother to the Taliban or the newly active Islamic State in the […]

BRUSSELS The European Union and the United States agreed on Friday to reduce legal and capital barriers to boost the $3 billion transatlantic insurance and reinsurance market. The accord has been under negotiation for more than a year and follows an agreement last year on derivatives. U.S. and EU representatives said in a joint statement they had reached a deal “that will ensure ongoing robust insurance consumer […]

Bernie Sanders is of the opinion that a repeal of Obamacare could potentially lead to a huge number of deaths each year. With the Congress considering partial repeal of the Affordable Care Act (ACA), Bernie Sanders tweeted on Jan, 12 that 36,000 people may die yearly as a result. As Republicans try to repeal the Affordable Care Act, they should be reminded every day that 36,000 […]

Photo President Recep Tayyip Erdogan of Turkey on Saturday. Legislation under debate could possibly allow him to remain in power until 2029. Credit Yasin Bulbul/Presidential Palace, via Reuters The Turkish Parliament began debating legislation on Monday that would effectively rewrite the Constitution, vastly expanding the powers of Turkey’s president, Recep Tayyip Erdogan, and possibly allowing him to remain in power until 2029. Mr. Erdogan, the dominant figure […]

Finnish stock exchange-listed KONE Corporation has won an order to supply 145 elevators and escalators for the new passenger terminal building at Bahrain International Airport (BIA). The order is part of a major modernisation project at the BIA aimed at making it one of the most modern and futuristic airport buildings in the world. KONE said in a statement that it will supply 85 elevators, 40 escalators, […]

PARIS/MILAN European carmakers were drawn into a widening probe of diesel emissions testing on Friday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV. Volkswagen’s VOW_p.DE admission that some of its diesel vehicles were fitted with software designed to hide their true level of emissions has highlighted that most cars spew out far higher levels of health-threatening nitrogen oxide (NOx) in […]

The British Antarctic Survey has announced it is relocating Halley VI, a research facility that sits atop the floating Brunt Ice Shelf in Antarctica. The ice shelf happens to be moving toward the Weddell Sea at 0.4 kilometers (approximately a quarter of a mile) per year. There is a higher possibility of huge chunks of ice breaking off as icebergs. The relocation of Halley VI is to […]

“Hello and welcome to LA,” intones a woman’s voice during the intro to Armenian-American producer Bei Ru’s third album, LA Zooo. “It’s another beautiful day, with sunny skies and highs in the mid-90s. So enjoy your stay, and remember: it’s a zoo out there.” So begins an album that, with track titles including Tigers on Tujunga, Animal Pharm and Do Not Feed the Cannibals, not only evokes […]

The bodies of four Emirati humanitarian workers who were killed in a terrorist attack in Kandahar, Afghanistan last week, arrived back in the UAE on Saturday on board a military aircraft. According to news agency WAM, Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and a number of […]

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