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Popular game maker Atari is also venturing into the world of mobile apps. The company has just announced the release of the new RollerCoaster Tycoon Classic for both Android and iOS devices. With the trend of old-school gaming classics adapting to mobile gaming like Super Mario Run, the release of RollerCoaster Tycoon Classic is very timely. Just like any other famous franchise, the game is not for free. Players […]

When US authorities started pursuing banks for their role in slicing, dicing and packaging the arcane products that sparked the financial crisis, they initially focused on domestic lenders. Now it is Europe’s banks that are in the crosshairs. Two days before Christmas, Deutsche Bank and Credit Suisse have agreed to settle with the US Department of Justice over the alleged mis-selling of mortgage-backed securities in the run-up […]

Israel on Sunday summoned ambassadors of countries that belong to the UN Security Council for a Christmas Day reprimand for their support of a resolution condemning Israel’s illegal settlements on Palestinian lands. The UK was among the countries which saw its diplomats called into Israel’s ministry of foreign affairs on Sunday. David Quarrey, Britain’s ambassador to Israel, told the Financial Times. While Mr Quarrey was in the […]

By Lucia Mutikani | WASHINGTON WASHINGTON New U.S. single-family home sales rose more than expected in November and consumer sentiment hovered near a 13-year high this month, strengthening the view that the economy will gain further momentum next year. President-elect Donald Trump’s plan to cut taxes and increase infrastructure spending is expected to boost economic growth, though it already has sparked a surge in mortgage rates that […]

Sources within the supply chain of Apple are claiming that due to lower-than-expected yield rates for the 10-nanometer manufacturing process by Taiwan Semiconductor Manufacturing Company, the launch date of the next-generation iPad tablet might be pushed back. There have been many rumors regarding the next iPad that Apple is planning to release, but with a disruption in the supply chain, interested users might have to wait a […]

She says she hasn’t decided what she’ll do next, but that it likely will involve working for a foundation or, perhaps, in the private sector. She’ll depart the FEC having largely seen her standing goal of revealing sources of secret money in politics stymied. Goodman, in an interview, wouldn’t commit to staying at the FEC through 2017. “I will make a decision early next year about my […]

By Tracy Rucinski | CHICAGO CHICAGO Caesars Entertainment Corp’s (CZR.O) bankrupt operating unit resolved a dispute with its lenders on Friday, paving the way for a consensual plan to push the casino group out of its $18 billion Chapter 11. In filings with the U.S. Bankruptcy Court in Chicago, bank lenders said they had reached an agreement over their recovery terms and were withdrawing a threat to […]

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Region’s Largest Financial Advisor Observes “Troublingly Low” Penetration Rates across the Country Key Benefits Include Medical Emergency Coverage, as well as Compensation for Flight Delays and Loss of Personal Belongings 22 December 2016 Dubai, United Arab Emirates UAE holidaymakers are putting themselves at increased risk of facing serious financial repercussions by not taking measures to adequately cover themselves in the event of a travel emergency, experts […]

The haiku is a powerful poetic form derived from the original Japanese style, with its structured three lines of five, seven and five syllables. David Lanoue, haiku poet and author, defines it as: “A one-breath poem that discovers connection.” They’re beautiful but not something you expect to find many of in the FT. However, in a fit of experimentation earlier this year, we created an algorithm that […]

“The resolution that was passed by the U.N. yesterday is part of the swan song of the old world that is biased against Israel,” Mr. Netanyahu said at a Hanukkah candle-lighting ceremony honoring wounded soldiers and terrorism victims. “But, my friends, we are entering a new era and, as President-elect Trump said yesterday, that is going to happen a lot faster than people think.” Continue reading the […]

DUBAI Iran plans to ask international oil companies to bid for the second phase of development of its Yadavaran and North Azadegan oilfields, a senior official said on Saturday. That means Chinese firms China National Petroleum Corp (CNPC) [CNPET.UL] and Sinopec (0386.HK), which have played a leading role in developing the fields until now, will have to compete with other firms if they want to maintain that […]

Mohammed Ahli: Our airports are gearing up to serve up to 146 million passengers by 2025 Via Dubai Security Supplement features Angela Gittens of ACI and Michael Herrero of IATA Dubai, December 22, 2016: Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) and Chairman of Dubai Airports, said Dubai has successfully transformed innovation into a working culture in the government […]

NAIROBI Burundi has halted legal action against 11 non-governmental organisations that were banned due to accusations they conspired with opponents of President Pierre Nkurunziza, the prosecutor general’s office said on Saturday. Nkurunziza’s government has often accused civil society groups of working against it during a crisis that erupted last year over his disputed election for a third term. About 450 people have been killed in political violence. […]

By Lawrence Delevingne | NEW YORK NEW YORK When six executives of Platinum Partners, including founder Mark Nordlicht, were arrested on Monday on federal charges of running a more than $1 billion hedge fund fraud, people who had long alleged they were harmed by the New York-based firm felt some vindication. But the possibility that each defendant might face prison terms has done little to soothe their […]

The power of a good interview to shed light on the personalities and themes driving the news agenda was demonstrated clearly in the year of tumult that has been 2016. As geopolitical shocks spread, a roll call of politicians, business leaders, celebrities and cultural figures sat down with the Financial Times to share their thoughts. In the UK, Theresa May revealed some insights into her brisk management […]

ANKARA Turkish authorities are investigating some 10,000 people on suspicion of using social media to support terrorism, the interior ministry said on Saturday, part of a wide crackdown that has alarmed rights groups and some Western allies. Turkey, which faces security threats from Kurdish and leftist militants and Islamic State, has sacked or suspended more than 100,000 people following an attempted military coup in July. It says […]

By Philip Pullella | ROME ROME Security for the long Christmas weekend was heightened throughout Italy and at the Vatican on Saturday following the killing by police of the man believed to be responsible for the Berlin market truck attack. As investigators sought to determine if Anis Amri had accomplices in Italy, and associates of the 24-year-old were arrested in his home country of Tunisia, national security […]

MOSCOW Rosneft’s (ROSN.MM) plans for next year allow it to be flexible with production volumes, Russia’s top oil producer said on Saturday, after Moscow clinched a deal with OPEC to cut production to bolster weak oil prices. State-controlled Rosneft, which accounts for over 40 percent of Russian oil production, said its board has looked into plans for 2017-2018. “The plan is formed on the basis of actual […]

A round up of some of 2016’s most significant corporate events and news stories. Smartphone sales © EPA A bright start to the year for Samsung Electronicswent up in smoke, after it took the unprecedented decision to axe its Galaxy Note 7 line, following a spate of safety issues that saw the smartphone banned from aircraft, writes Nic Fildes. The 2016 Galaxy Note iteration won substantial praise […]

So it would appear. Bit Player Turns Star Shawn Harrington was one of the bit players in “Hoop Dreams.” A sophomore point guard at Marshall who moved from the junior varsity to the varsity during that glorious 1991 tournament run, he had his own star turn a few years later. After bouncing around several colleges — during which time he both got a degree and became a […]

By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]

UNITED NATIONS: In a striking rupture with past practice, the United States allowed the UN Security Council on Friday to condemn Israeli settlements in the West Bank and east Jerusalem as a “flagrant violation” of international law. In doing so, the outgoing Obama administration brushed aside Donald Trump’s demands that the US exercise its veto and provided a climax to years of icy relations with Israel’s leadership.The […]

When that ultimately did not stop the Council from acting, Mr. Netanyahu’s team expressed blistering anger at Mr. Obama. An Israeli official, insisting on anonymity to maintain the veneer of diplomatic protocol, gave a statement to multiple reporters on Friday blasting Mr. Obama and his secretary of state, John Kerry, by name. Continue reading the main story “President Obama and Secretary Kerry are behind this shameful move […]

By Aaron Ross | KINSHASA KINSHASA Political parties in Democratic Republic of Congo paused talks on Saturday, close to a deal under which President Joseph Kabila would leave power in 2017 and elections would be held the same year, participants at the talks said. The talks between the ruling coalition and opposition parties mediated by a conference of Catholic bishops broke up at around 5.30 a.m local […]

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