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GOES-R, the most advanced weather satellite of the United States was launched on Nov 19, Saturday. The rocket, carrying the satellite lifted off with jets of orange and yellow flames aiming to enter an orbit that is 22,000 miles above the Earth. Launched atop an Atlas V rocket, GOES-R is a collaborative mission between NASA and National Oceanic and Atmospheric Administration (NOAA). The four-satellite program (GOES-R/S/T/U) is seeking […]

FRANKFURT Deutsche Bank has cleared its chairman of accusations by shareholders that he was partly to blame for the bank’s poor cooperation with authorities over alleged rate-rigging, daily Sueddeutsche Zeitung has cited financial sources as saying. Last year, Deutsche Bank agreed to settle a case over the alleged manipulation of interbank rates such as Libor for a record $2.5 billion with U.S. and British authorities, which had […]

Angela Merkel has said she will seek a fourth term as German chancellor, less than two weeks after Donald Trump’s election in the US left her as the west’s pre-eminent liberal leader. The German news agency DPA reported that she had told the leadership of her CDU party, which is meeting in Berlin, that she would stand again as a candidate for chancellor and party leader. The […]

Everywhere you look these days, it seems someone is talking about innovation. Whether at work or at home, when travelling, shopping or ordering a taxi, innovation is making our lives easier, reducing our impact on the environment and saving us money. As a result, it has become a career buzzword and young people across the region increasingly want to get involved and make an impact on their […]

New photos show an uncontacted tribe in the Amazon jungle that resists threats brought about by illegal mining in the area. The tribal community is in Yanomami indigenous territory in the north of Brazil, close to the border with Venezuela. About 22,000 Yanomami are estimated to be living on the Brazilian side of the border. At least three groups are known to have no contact with outsiders. The […]

By David Henry | NEW YORK NEW YORK JPMorgan Chase & Co is once again facing questions about who will succeed its larger-than-life chief executive after Jamie Dimon was courted by the incoming U.S. president for the role of Treasury secretary. Dimon, 60, has been running the largest U.S. bank for more than a decade and has faced questions about his longevity in the role before: when […]

By Tetsushi Kajimoto and Cynthia Kim | TOKYO/SEOUL TOKYO/SEOUL Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury’s monitoring list, along with Germany and Switzerland, having met […]

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|By Arabian Post Staff| Dubai residential prices further slipped by 2.6 percent during the third quarter, taking the average residential values down 7.4% during the past twelve months, reports real estate consultants Cluttons. The rate of decline is, however,  expected to slow heading into 2017 before reaching a new base towards the end of next year, it forecasts. Cluttons’ Dubai Winter 2016/2017 Property Market Outlook report highlights that values slipped […]

India’s government is taking a hardline stance over renewing a trade deal with the Netherlands just days before it expires, which European officials warn could undermine business ties with the rest of the EU. The bilateral investment treaty between the two countries will end on November 30 — the first in a succession of such agreements that New Delhi has decided to terminate as it looks for more […]

By Samuel Shen and John Ruwitch | SHANGHAI SHANGHAI Scores of Hong Kong-listed companies – many small – are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. Mainland investors are enthusiastic, viewing the cross-border channel as a way to buy relatively cheap growth companies and hedge against a […]

ABU DHABI // The UN High Commissioner for Refugees has praised the UAE’s pledge to take in 15,000 Syrian refugees, calling it an example for other countries to follow. “It is something I was very happy to hear in New York,” said Filippo Grandi, the UN high commissioner who was in Abu Dhabi on Saturday for the Sir Bani Yas Forum, at which the Middle East’s greatest […]

Chinese president Xi Jinping vowed on Saturday to open the door even wider to foreign business and play an even greater role in the process of globalisation as Beijing moved to take advantage of Donald Trump’s election and fears that he may herald a new era of US disengagement from Asia. Speaking to business leaders on the sidelines of a 21-country Asia-Pacific Economic Cooperation summit in Peru, […]

By Mitra Taj and Caroline Stauffer | LIMA LIMA Chinese President Xi Jinping pledged on Saturday to further open the world’s second-largest economy as leaders of Asia-Pacific countries gathered in Peru to find new free-trade options after Donald Trump was s elected U.S. president on a protectionist platform. The annual APEC summit got under way in Lima just over a week after Trump’s surprise victory dashed hopes […]

It may not get the international acclaim of Dubai or the media attention of Doha, but Ras Al Khaimah (RAK) is quietly making its mark. Famed largely for bringing the world RAK Ceramics, the northern UAE emirate is forging a serious reputation on the global business stage. Be it in tourism, free zones, property or infrastructure, everywhere you look in RAK, something new is springing up. And […]

As SHTFPLan.com’s Mac Slavo notes… While the powers that be are determining the fate of alternative media voices that are now branded under the dubious label “fake news” and blacked out from online search results, it is worth keeping in mind all the disinformation and downright lies that have been perpetrated by the corporate news media – typically hand in hand with a political agenda.   Whether […]

By Dan Burns and Jennifer Ablan | NEW YORK NEW YORK With President-elect Donald Trump promising to spend as much as half a trillion dollars on infrastructure and slash taxes – initiatives that could add dramatically to the U.S. debt and balloon the budget deficit – Wall Street is far more focused on who will next head the U.S. Treasury than it was in the previous selection […]

Mysterious, flashy radio waves originating from deep space known as fast radio burst or FRB have been a mystery and their sources have eluded astronomers. However, the brightest FRB recorded so far, precisely the 18th, known as FRB 150807 has been viewed by scientists led by Caltech scholar Vikram Ravi. Their findings are going to be a breakthrough for scientists in many respects. The research paper was published in the […]

Facebook unveiled a share buyback scheme on Friday, saying it would repurchase up to $6bn of its stock as its investors brace themselves for slower growth next year. In a regulatory filing, Facebook said that the board had approved the buyback on Friday. It will begin in the first quarter of 2017 but the scheme has no set expiration, leaving Facebook the flexibility to be opportunistic if […]

The House of Representatives voted overwhelmingly on Tuesday for legislation to extend American sanctions on Iran for 10 years, a move that proponents called critical economic leverage to ensure Iranian compliance with an international nuclear agreement. The legislation, known as the Iran Sanctions Extension Act, needs Senate approval and President Obama’s signature before the end of the year, when American sanctions are set to expire. Under the […]

By Rosalba O’Brien and Mitra Taj | LIMA LIMA Leaders of Pacific rim nations scrambled to find new free-trade options on Friday as a looming Donald Trump presidency in the United States sounded a possible death knell for the Trans-Pacific Partnership (TPP). After lower-level meetings, U.S. President Barack Obama, Chinese President Xi Jinping, and Russian President Vladimir Putin were due to arrive at the Asia-Pacific Economic Cooperation […]

Adam Ondra, a 23-year-old from the Czech Republic considered by some to be the world’s best climber, thought he might cruise up the Dawn Wall of El Capitan. Following the free-climbing route that Tommy Caldwell and Kevin Jorgeson blazed over 19 days nearly two years ago, having received advice and support from both men, Ondra hoped to complete the nearly 3,000-foot ascent in five or six days. […]

By Lewis Krauskopf | NEW YORK NEW YORK Arguing over politics is a Thanksgiving Day tradition, but Donald Trump’s presidential election adds a new twist to any bickering at next week’s holiday dinner table: What the new U.S. government could mean for your stock portfolio. Trump’s shock victory last Tuesday sent investors scrambling to change bets predicated on a win by Hillary Clinton, leading to huge stock […]

Donald Trump has begun putting together his transition team and naming the cabinet members who will come to power in Washington after the inauguration on January 20. Follow the FT’s guide to the main players he has already picked — and the positions yet to be filled — here.  Trump’s choices: MIKE PENCE Vice-president © AFP Mike Pence, the Indiana governor and former congressman, was picked as Donald […]

By Patrick Rucker | WASHINGTON WASHINGTON A leading U.S. bank regulator on Friday reversed course and positions the agency to claw back pay of former executives at Wells Fargo & Co after a phony-accounts scandal. The lender must also now seek prior approval before naming new bank leadership, said the Office of the Comptroller of the Currency, the main regulator for federal banks. Friday’s move puts executive […]

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