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By Catherine Cadell | BEIJING BEIJING A top Baidu Inc executive, widely seen as a potential successor to chief executive Robin Li, has resigned after an internal company probe found conflicts of interest involving another firm acquired by the Chinese search engine giant. Li Mingyuan, 32, known as the “prince” of Baidu within China’s tech community, stepped down following the investigation, according to an internal email seen […]

By ERIC SCHMITT November 6, 2016 A joint Kurdish-Arab militia has begun a new phase in the operation to dislodge the Islamic State from its stronghold in Raqqa, Syria, moving to encircle the city and largely cut off the resupply of arms, supplies and fighters, American military officials confirmed on Sunday. Defense Secretary Ashton B. Carter said on Sunday that he welcomed the start of the militia’s operation. “The […]

By David Shepardson | WASHINGTON WASHINGTON AT&T Inc may bypass a powerful telecommunications regulator by offloading a Time Warner broadcast station, analysts say, as the telecommunications giant braces for what is expected to be a lengthy and tough antitrust review of its proposed $85.4 billion deal to buy Time Warner Inc. Dallas-based AT&T said late Saturday the deal would need approval of the U.S. Justice Department and […]

Tech behemoth Dell EMC launched a torrent of new products and services for enterprise client at its Dell EMC World Austin event that wrapped up yesterday. Among the announcements were the new Endpoint Data Security and Management portfolio, new payment solutions for IT procurement, new versions of its Data Domain protection tool, and new analytics suites. Security Is the Word Digital security was one of the biggest […]

AT&T Trying To Buy Time Warner Inc. After its acquisition of satellite television service DirecTV, telephone giant AT&T Inc. might be setting its sights on an even bigger prize, Time Warner Inc. Bloomberg News reported Thursday afternoon that AT&T and Time Warner executives have engaged in preliminary talks about a potential merger or other partnerships. [Update: Friday evening, The Wall Street Journal reported that AT&T is in […]

|By Abdullah Aljunaid|The Alliance of Iran, Hezbollah and al-Qaeda and the attacks of September 11th 2001 Judicial rulings have shown that the calamitous and tragic events of September 11 were bourn of a relationship between Iran and Hezbollah and al-Qaeda. Will the coming days reveal a similar relationship with Daesh too? Hezbollah is widely known for its support of terrorism, forinciting sectarian strife in the Arab countries, and for the cooperation of its members with drug dealers in Europe, North and South America, Africa, as a means to finance […]

|By Arabian Post Staff|Etihad Aviation Group and TUI AG confirmed they are in discussions to create a strong European leisure airline group, focused on point-to-point flying to connect key tourist markets. It is proposed to contribute the touristic operations of the airberlin group and the German TUIfly company, including the aircraft currently operated by TUIfly for airberlin under a wet-lease agreement, into a new airline group established […]

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WASHINGTON — The United States formally suspended talks with Russia about the protracted Syria conflict on Monday because of the Russian military’s role in the assault on the besieged Syrian city of Aleppo. The United States also shelved plans with Russia for the joint military targeting of jihadists in Syria, the State Department said in a statement. The American step reflected aggravated tensions with Russia on a […]

By PETER BAKER September 30, 2016 JERUSALEM — From across the ocean and across the Green Line, they came on Friday to the mountaintop sanctuary of Mount Herzl to bid farewell to Shimon Peres, marking what one called the “end of the era of giants.” But the question of the moment was whether it was a funeral for a man or for his dream. Twenty-three years after Mr. Peres […]

UAE-based telecommunications service provider du has demonstrated e-SIM for the first time in the Middle East, in collaboration with Gemalto, a world leader in digital security. The e-SIM initiative will enable du’s subscribers to activate the e-SIM on any device over the air. This will allow for an enhanced user experience in a new era of technology adoption that supports multi-device usage – such as smart watch, […]

UAE. The UAE industrial market has continued to show a relatively steady performance despite the emergence of economic headwinds, amidst on-going global uncertainty, according to the H1 2016 UAE Industrial & Logistics MarketView, by global real estate consultancy firm CBRE. The softening of crude oil prices over the past 18 months has had mixed effects on the UAE industrial sector, and on the markets in Dubai and […]

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and Jordan Securities Commission (JSC) signed an agreement (MoU) to enhance regulatory cooperation and foster cross-border activities. The MoU establishes a framework for both Authorities to co-operate on supervisory matters and exchange of information to maintain the stability and well-being of the financial systems in each respective capital market. This agreement further complemented and […]

By ERIC SCHMITT, MICHAEL R. GORDON and SOMINI SENGUPTA September 20, 2016 Russia was probably responsible for the deadly bombing of a United Nations humanitarian aid convoy in Syria, American officials said Tuesday, further shredding what remained of a severely weakened agreement between the United States and Russia aimed at halting the war. Aghast at the attack on Monday night, United Nations officials on Tuesday suspended all aid convoys in Syria, describing the […]

An international research team discovered a human skeleton during its ongoing excavation of the famous Antikythera Shipwreck (circa 65 B.C.). The shipwreck, which holds the remains of a Greek trading or cargo ship, is located off the Greek island of Antikythera in the Aegean Sea. The first skeleton recovered from the wreck site during the era of DNA analysis, this find could provide insight into the lives […]

SAUDI ARABIA.  Saudi Arabia’s non-oil private sector continued on its upward trajectory in August, with business conditions improving to the greatest extent in a year. Output and new business remained the key growth drivers – both rose sharply and more quickly than in July. Employment and input stocks also increased, with a number of companies looking to expand capacity in line with rising workloads. Meanwhile, price pressures […]

DUBLIN The European Union’s imposition of a 13 billion euro ($14.5 billion) back tax bill on Apple (AAPL.O) is “total political crap”, Chief Executive Tim Cook said in a newspaper interview on Thursday, and anti-U.S. bias may have played a role. But in a separate radio interview he vowed to boost Apple’s tax payments by repatriating billions of dollars in global profits to the United States next […]

By Heather Somerville | SAN FRANCISCO SAN FRANCISCO Chinese powerhouse Didi Chuxing’s acquisition of Uber Technologies Inc’s China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game. On the day the Didi deal was announced earlier this month, Uber board member Bill Gurley said Uber’s rivals in other markets had a slim chance […]

A new speech analytics tool announced yesterday by Verint Systems is designed to help customer service professionals get real-time guidance for better managing calls. The software-based system can alert service reps to caller insights as they happen as well as help companies ensure compliance with important policies and regulations, the company said. The Melville, New York-based Verint said the new real-time speech analytics capabilities are natively embedded […]

|ARABIAN POST SPECIAL| On April 13 this year, Emaar Properties disclosed to the Dubai Financial Market (DFM) that the company has agreed to take steps for a demerger of Emaar and Emaar MGF, the premier Dubai developer’s Indian joint venture. Beginning next week, the Arabian Post launches an investigative series on Emaar’s botched India experiment, which has cost the company billions in write-offs, embarrassing prosecution of the […]

INTERNATIONAL.  Nearly all of the Chief Strategy Officers (CSOs) surveyed by Accenture (NYSE: ACN) around the world acknowledge that digital disruption will reshape their industries, but very few are equipped to navigate the change. Those who feel most prepared are embracing new strategic alliances, devising more collaborative ways of operating with partners, and making themselves indispensable within a broader ecosystem.  For the report ‘Thriving on Disruption’, the Accenture […]

INTERNATIONAL. Global bank rating trends were negative again in 1H16 for the fourth consecutive negative six-month period, says Fitch Ratings. The global distribution of Outlooks deteriorated in 1H16 as Negative Outlooks (22%) far outweighed Positives (5%), a level not seen since 2009. Emerging market (EM) banks experienced the majority of negative ratings trends, heavily influenced by rating actions in Brazil, Russia, Saudi Arabia and Nigeria. In EMs, […]

By Tom Bergin | LA HULPE, Belgium LA HULPE, Belgium More than a dozen current and former board directors and senior managers of SWIFT, the bank messaging system that helps transmit billions of dollars around the world every day, have told Reuters that the organisation for years suspected there were weaknesses in the way smaller banks used its messaging terminals – but did not address such vulnerabilities. […]

MOSCOW — Russia launched a fleet of bombers bound for Syria on Tuesday from an Iranian air base, becoming the first foreign military to operate from Iran’s soil since at least World War II. Russian use of the base, with Iran’s obvious support, appeared to set back or at least further complicate Russia’s troubled relations with the United States, which has been working with Russia over how […]

By HWAIDA SAAD and ROD NORDLAND August 14, 2016 BEIRUT, Lebanon — Fighting in Aleppo, Syria, killed dozens of civilians over the weekend, a high toll even for a city that has been the scene of intense fighting recently, a monitoring group said on Sunday. Government and Russian airstrikes and artillery bombardment of opposition neighborhoods and the outskirts of the city on Saturday killed 46 civilians, according to the Syrian Observatory […]

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