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Technology shares plunge as Nasdaq enters correction // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // OpenAI introduces GPT-6 Cyber with restricted security access // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // APT29-linked campaign exploits outdated Apple and Android software // TVM –Mangaluru Vande Bharat claims top spot // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Emirates Group records AED 4.1 billion half-year profit // Hong Kong mandates crypto transaction disclosures to tax authorities // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Emaar approves Development buyout ahead of planned delisting // OpenAI identifies 948 Linux privilege escalation flaws using AI // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // Oil advances towards $100 as tanker attacks persist // Ousted top Kochi cop gets IG post // Dubai details five-year visa benefits for returning visitors // Meraas showcases five residential zones at Dubai Design Week //

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INTERNATIONAL. Stock markets received a welcome boost during trading on Thursday following the Bank of England’s decision not to change interest rates which eased the ongoing Brexit fears, consequently lifting risk sentiment. Asian markets were elevated in the early sessions of Thursday after China’s better than expected GDP results alleviated concerns over slowing economic growth in the world’s second largest economy. Although European markets initially tumbled after […]

JIDDA, Saudi Arabia — For most of his adult life, Ahmed Qassim al-Ghamdi worked among the bearded enforcers of Saudi Arabia. He was a dedicated employee of the Commission for the Promotion of Virtue and the Prevention of Vice — known abroad as the religious police — serving with the front-line troops protecting the Islamic kingdom from Westernization, secularism and anything but the most conservative Islamic practices. […]

Tesla Chief Executive Elon Musk attends a forum on startups in Hong Kong, China January 26, 2016. Reuters/Bobby Yip/File Photo Tesla Motors Inc CEO Elon Musk on Sunday tweeted his intention to soon publish part two of his “top secret Tesla masterplan” following an embattled several weeks for the Silicon Valley heavyweight. The tweet, which read “Working on Top Secret Tesla Masterplan, Part 2. Hoping to publish […]

The logo of free messaging app Line is pictured on a smartphone and the company’s stuffed toy in this photo illustration taken in Tokyo, Japan, September 23, 2014. Reuters/Toru Hanai/Illustration/File Photo TOKYO Japanese messaging app firm Line Corp priced its initial public offering at the top of its marketed range, putting it on track to raise as much as $1.3 billion and reflecting robust appetite for the […]

The author of ‘Apple Tree Yard’ on the Indonesian roots of her new novel ‘Black Water’ — and why she’s glad to see the back of ‘chicklit’ Louise Doughty was born in the East Midlands in 1963. She took an MA in creative writing at the University of East Anglia and has written eight novels, including her latest, “Black Water”, which was published by Faber last month. […]

KEFLAVIK, Iceland Marco Streng is a miner, though he does not carry a pick around his base in south-western Iceland. Instead, he keeps tens of thousands of computers running 24 hours a day in fierce competition with others across the globe to earn bitcoins. In the world of the web-based digital currency, it is not central banks that add new money to the system, but rather computers […]

The logo of Facebook is seen at the Cannes Lions Festival in Cannes, France, June 23, 2016. Reuters/Eric Gaillard Facebook Inc on Friday said it began testing end-to-end encryption on its popular Messenger application to prevent snooping on digital conversations. The limited testing on Messenger, which has more than 900 million users, comes three months after Facebook rolled out end-to-end encryption to its more popular WhatsApp, a […]

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|By Matein Khalid| The merger of Abu Dhabi banks First Gulf Bank and NBAD creates the largest bank in the Middle East, a regional colossus with $170 billion in assets, competitive funding cost in the global interbank/capital markets and a market value greater than Credit Suisse, Standard Chartered Bank (SCB) and Deutsche Bank. This is the biggest game changer event in UAE banking and finance since the […]

BAGHDAD — As Britain on Wednesday looked back on its decision to go to war in Iraq 13 years ago, Thamir al-Shemmary went to the funeral of his brother and two nephews, killed over the weekend in Baghdad’s deadliest terrorist attack since that war began. Mr. Shemmary had a question for Tony Blair, the former British prime minister whose decision to join the invasion came under critique […]

BAGHDAD — As celebrations for the Muslim holy month of Ramadan stretched past midnight into Sunday in central Baghdad, where Iraqis had gathered to eat, shop and just be together, a minivan packed with explosives blew up and killed at least 143 people — the third mass slaughter across three countries in less than a week. The attack was the deadliest in Baghdad in years — at […]

|By Matein Khalid| David Cameron, Wall Street’s elite, Mutti Merkel, Obama, the Eurocrats of Brussels, the great and the good of the City and the IMF’s Lady Christine all got it so horribly wrong. I slept Thursday night with sterling at 1.50 on New York and awoke to see it trade at 1.34 on Friday, a 30 year low before the Plaza Accords. Britain has voted to […]

SAN FRANCISCO Facebook Inc on Wednesday offered a rare glimpse into how it ranks and shows content in its News Feed, part of an effort to provide more transparency about its operations as the social network’s cultural and political influence continue to grow. The disclosures, though lacking in detail, are notable in part because they come in the wake of a May news report alleging liberal political […]

BERLIN/LAGOS When German e-commerce investor Rocket Internet launched Jumia in 2012 as a would-be African Amazon, it was optimistic that a rapidly expanding middle class would quickly shift from street markets to shopping online. Four years on, falling sales for sites like Jumia and slower growth from Nigeria to Russia and Brazil is casting doubt on Rocket Internet’s ambition to become the world’s biggest Internet company outside […]

JERUSALEM — The Israeli military has canceled a contentious directive known as the Hannibal procedure, which calls for the use of maximum force to prevent the capture of Israeli soldiers, even at the risk of harming them. A military official, speaking on the condition of anonymity in accordance with army rules, said on Tuesday that the chief of staff, Lt. Gen. Gadi Eisenkot, had given instructions several […]

UAE. Deloitte’s Technology, Media & Telecommunications (TMT) practices highlight the increasing trends for connectivity and mobile phone usage across the board in Deloitte’s  latest report entitled: Global Mobile Consumer Trends. Both intensity in usage and ownership rates are increasing―in some categories more than doubling―pointing to dramatically changing consumer behaviors, and a shift towards non-voice communications such as text and instant messaging (IM). Deloitte conducted a survey designed […]

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman/File Photo DHAKA Bangladesh’s central bank has ended a contract with U.S. cyber security firm FireEye to investigate February’s online theft of $81 million, turning down a proposal to extend the agreement, a senior official said on Monday. More than four months after hackers broke into the computer systems of […]

BAGHDAD — Long before Falluja was known the world over for deadly jihadists, it was known all over Iraq for its kebab — fatty lamb, ground and mixed with onion, grilled on a skewer over an open fire and served with a pinch of sumac — at a joint called Haji Hussein. Everyone, it seemed, ate at Haji Hussein: locals, soldiers, tourists and businessmen traveling the Baghdad-to-Amman […]

Protesters from the Anonymous India group of hackers wear Guy Fawkes masks as they protest against laws they say gives the government control over censorship of internet usage in Mumbai, June 9, 2012. Reuters/Vivek Prakash SAN FRANCISCO/ TORONTO At least a dozen countries are considering or have enacted laws restricting online speech, a trend that is alarming policymakers and others who see the internet as a valuable […]

In a small study looking at pain assessments in adults with sickle cell disease, researchers at Johns Hopkins says overall, those treated long-term with opioids often fared worse in measures of pain, fatigue and curtailed daily activities than those not on long-term opioids. In a report on the new research, published online on June 15 in a special sickle cell disease supplement of the American Journal of […]

|By Matein Khalid| Sterling sell off in the world currency markets and the sheer populist appeal of Boris Johnson suggests the world should not rule out a geopolitical shock that will unnerve financial markets and lead to the mother of all rate cuts at the Bank of England. If Britain votes to leave the EU, the only currency I want to own is the Swiss franc and gold, […]

Last bastion of financial system pays salaries on both sides of civil war as governor maintains ‘economic traduce’ Yemeni locals and secruity guards are pictured outside the Central Bank of Yemen in the capital Sana’a. Dubai: As civil war engulfs Yemen, the central bank is so committed to staying neutral that it pays salaries of soldiers on both sides. The bank […]

FILE PHOTO — A woman looks at her phone as she passes by a Lending Club banner on the facade of the the New York Stock Exchange December 11, 2014. Reuters/Brendan McDermid/File Photo   SAN FRANCISCO/NEW YORK (Reuters/IFR) – Many online lenders have failed to detect the “stacking” of multiple loans by borrowers who slip through their automated underwriting systems, lending company executives and investors told Reuters. […]

SAUDI ARABIA.  According to a new report by The Boston Consulting Group (BCG), the digital age has ushered in a number of trends that have transformed the media consumption habits of each Saudi generation profoundly – and vastly differently. In parallel, with information and connectivity available at everyone’s fingertips – anywhere, anytime – the Kingdom’s traditional media landscape has, in recent years, been disrupted. The findings presented […]

AMIRIYAT FALLUJA, Iraq — One of the Iraqi civilians who risked an escape from the sprawling battle for Falluja made it as far as the Euphrates River. He was there for all to see on Sunday morning: His body, tied to the side of a boat, bobbed in the muddy waters next to a rickety bridge that separates Baghdad from the violence of Anbar Province. “Sheikh, sheikh, […]

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Just in:
e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Oil and chip shares retreat after Democratic victories // OpenAI identifies 948 Linux privilege escalation flaws using AI // UK air traffic outage inflicted £33m financial losses // Private varsities bill all set to face the axe // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Cloudflare unveils Zero Wire vulnerability intelligence service // TVM –Mangaluru Vande Bharat claims top spot // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // OpenAI introduces GPT-6 Cyber with restricted security access // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Oil advances towards $100 as tanker attacks persist // APT29-linked campaign exploits outdated Apple and Android software // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Emirates Group records AED 4.1 billion half-year profit // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // Meraas showcases five residential zones at Dubai Design Week // Kochi police detain two actors over bid to honey trap doctor // Dubai boat show confirms international shipyard line-up for November //