He was supposed to have been charged yesterday, but action was put off A WARRANT of arrest is out for a politician in Malacca implicated in a multimillion-ringgit corruption scandal. The man was supposed to be charged yesterday with at least 10 counts of offences related to money laundering, but the highly-anticipated court appearance did not materialise. The New Straits Times was made to understand that the […]
ANKARA Turkey will not wait at Europe’s door forever and is ready to walk away from EU accession talks if rising Islamophobia and hostility from some member states persist, President Tayyip Erdogan told Reuters in a wide-ranging interview on Tuesday. Speaking at the presidential palace less than two weeks after winning sweeping new powers in a referendum, a relaxed Erdogan said a decision by a leading European […]
Warnings were that the first quarter of 2017 would be about as bad financially as the final two of 2016 for newspaper organizations. That proved to be the case today as Gannett kicked off the reporting season for publicly traded companies. Acquisitions led to some revenue growth. But comparing same properties: Print advertising revenues were down 17.7 percent compared to the first quarter of 2016. Circulation revenues […]
The Navy has since 2014 been testing a 30-kilowatt laser on one of its warships, the USS Ponce A sci-fi staple for decades, laser weapons are finally becoming reality in the US military, albeit with capabilities a little less dramatic than at the movies. Lightsabers—the favored weapon of the Jedi in “Star Wars” films—will remain in the fictional realm for now, but after decades of development, laser […]
After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as high as 1.09 this morning before fading some gains; oil is up […]
Visitors use their mobile phones as they walk in the dark at the Dubai Mall. AFP Photo Shoppers were plunged into darkness when The Dubai Mall experienced a two-hour power failure on Monday night. AFP Photo According to reports the electricity went out at 7.20pm and was restored just after 9pm. AFP Photo At 7.40pm Dubai Media Office said authorities were working to restore power in a […]
The Lafarge scandal, as it became known in the French media, stoked ire among critics who accused the company of seeking to improve profitability despite growing danger for its employees. The situation underscores the difficulty of doing business in war-torn regions. The company has argued that its local managers saw little recourse other than paying off armed groups to guarantee the safety of staff members and keep […]
Newsrooms around the world are experimenting with virtual reality more and more, but mass adoption of the medium has been slowed by the lack of quality content and an industry-wide inability to make money from it. That’s the gist of a new report, released this evening by the Reuters Institute for the Study of Journalism, that tracks adoption of and experimentation with virtual reality at major legacy […]
By Sam Nussey and Ritsuko Shimizu | TOKYO TOKYO Japan’s growing labor shortage threatens the nation’s ubiquitous convenience stores, whose business model relies on an army of part-timers packing bento lunch boxes, manning cash registers and delivering goods 24/7. The big three “combini” operators 7-Eleven, FamilyMart and Lawson, which have expanded through Japan’s long slump, are scrambling to ease the pressure on franchisees by offering a mix […]
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Candidate Trump: “I Love Wikileaks.” President Trump: “Arrest Assange!” “I love Wikileaks,” candidate Donald Trump said on October 10th on the campaign trail. He praised the organization for reporting on the darker side of the Hillary Clinton campaign. It was information likely leaked by a whistleblower from within the Clinton campaign to Wikileaks. […]
Enviroserve UAE has signed an agreement with Dubai Wholesale City for the construction of a 228,000 sq ft electronics and specialised waste recycling plant at Dubai Industrial Park. Backed by the Swiss Government Export Finance Agency, the AED120 million project represents one of the largest foreign direct investments in the field of environmental management in the UAE, a statement said. It added that the facility will serve […]
InterContinental Hotels Group announces new signings as well as openings across its MEA brand portfolio at the UAE’s Arabian Travel Market and Arabian Hotel Investment Conference 24 April 2017 Dubai, United Arab Emirates – InterContinental Hotels Group® (IHG), one of the world’s leading global hotel companies, announced four new hotel signings as well as six new hotel openings across the GCC in 2017 at the Arabian Travel […]
Investigators said Levashov was believed to have been “carrying out this type of (hacking) activity for more than 10 years, earning huge profits” US authorities moved Monday to take down a global computer botnet behind the massive theft of personal data and unwanted spam emails, as Spain arrested the notorious Russian hacker who operated it. US authorities say the Russian, Piotr or Peter Levashov, had operated the […]
By Ben Blanchard and Ju-min Park | BEIJING/SEOUL BEIJING/SEOUL Chinese President Xi Jinping called for all sides to exercise restraint on Monday in a call with U.S. President Donald Trump, as a nervous South Korea and Japan sought to join drills with a U.S. aircraft carrier strike group headed for Korean waters. Reclusive North Korea said at the weekend it was ready to sink the U.S. aircraft […]
ZURICH LafargeHolcim (LHN.S) is close to announcing that its chief executive Eric Olsen is to step down following an internal investigation into activities at a former Lafarge cement plant in Syria, a source familiar with the matter said on Sunday. The source said there would be a change in leadership at the cement company following reports in the Financial Times and French newspaper Le Figaro that Olsen […]
MOSUL: Three policemen were killed on Sunday in a suicide attack south of Mosul, the northern Iraqi city where Daesh is fighting off a US-backed offensive, security sources said.A group of about 10 assailants, including four suicide bombers, had tried to infiltrate a Federal Police helicopter base in Al-Areej, a police captain told Reuters.Three policemen and three of the assailants were killed in the attack, he said. […]
Australian hotel management company StayWell Hospitality Group and the UAE-based Cristal Group are joining forces to develop businesses with a key focus on the Middle East. StayWell CEO, Simon Wan, said the company is seeking further expansion into the UAE market with the upcoming openings of Park Regis Business Bay and Park Regis Boutique Jumeirah this year, followed by the opening of Leisure Inn Jumeirah and Park […]
Bosasso A military vehicle hit a roadside bomb in Somalia’s semi autonomous Puntland region on Sunday, killing at least six soldiers and injuring another eight, a military official told Reuters. The al Qaeda linked Islamist group al Shabaab claimed responsibility for the attack, which happened on the outskirts of the region’s port city of Bosasso. Al Shabaab is fighting to topple the Horn of Africa country’s western […]
LafargeHolcim is close to announcing that its chief executive will step down following an internal investigation into a plant the Swiss-French cement company operated in Syria until September 2014. Eric Olsen’s expected departure would make him the highest-profile casualty of the controversy surrounding a Lafarge cement plant that the company continued operating as Syria descended into civil war. Human rights groups have alleged the company helped finance […]
DUBAI // School classes taught in Arabic across the UAE must use only the modern standard form of the language, regulators say. Previously, modern standard was typically only spoken by teachers who taught the language. The new rule now applies to classes such as Islamic studies and UAE social studies. Arabic should be the communication language, said Minister of Education Hussain Al Hammadi. “Some teachers use their […]
Oman’s new low-cost carrier, SalamAir, has announced the launch of flights to Saudi Arabia with plans to also start services to Pakistan. Flights to Saudi Arabia started this week with return ticket prices starting at OR89, with Oman’s first budget airline flying daily to Jeddah’s King Abdulaziz International Airport. The carrier said in a statement that it also plans to start operations to the Saudi holy city […]
Data-driven analytics applications are eating the world and transforming every domain. But the world is also being eaten up in a different way by several non-sustainable practices. On Earth Day, we look at what we know about the relation between big data and the environment: how big data is used to measure sustainability and inform action, and what is the impact they have on the environment as […]
BEIRUT Lebanon’s army said it arrested ten suspected members of militant groups on Saturday after they came over the northeastern border from Syria, and a security source said a local Islamic State leader was killed in the same raid. No army personnel were reported injured or killed in the raid on Arsal, a town which militants briefly overran in 2014. The army says it stages regular operations […]
Theranos, the embattled blood-testing start-up, set up a secret company to buy off-the-shelf machines, allowing it to hide the fact that it was generating patient results using commercial equipment rather than its own flawed devices, according to an investor lawsuit. Partner Fund Management, which invested $96.1m in Theranos in 2014, alleges the company created a wholly owned subsidiary, Protegic Procurement, to “secretly” buy the commercially available analysers, […]
