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European governments and related organisations have ramped up their sales of new debt this year, in the latest sign of bond markets bracing for rises in interest rates and an increase in political risks. Overall borrowing from eurozone sovereigns, local authorities, agencies and supranationals such as the European Investment Bank is currently at €210bn — the highest year-to-date amount since 2012, Dealogic data show, and the second-highest […]

The Philadelphia Inquirer, the Philadelphia Daily News and Philly.com have a new editor, the latest step in an ongoing reorganization of their parent company. Gabriel Escobar will be editor and vice president of Philadelphia Media Network, a new job that puts him in charge of news for the Inquirer, Daily News and Philly.com, the company announced Monday. Escobar, who was previously managing editor for news at the […]

“Moving Forward in Perpetual Motion” – Rezidor’s all digital Annual Report is out now BRUSSELS, Belgium, March 27, 2017 The Rezidor Hotel Group (www.Rezidor.com ), one of the world’s most dynamic hotels has published its Annual Report 2016. Themed “Moving Forward in Perpetual Motion,” this year’s annual report is fully digital (https://AnnualReport2016.Rezidor.com ). The Annual Report also contains the Corporate Presentation and the Responsible Business report 2016. […]

By Mfuneko Toyana and Sujata Rao | JOHANNESBURG/LONDON JOHANNESBURG/LONDON South African President Jacob Zuma asked Finance Minister Pravin Gordhan on Monday to return home “immediately” from an investor roadshow abroad, reviving talk of a cabinet reshuffle and unnerving investors who see Gordhan as an emblem of stability. The rand fell more than 3 percent against the dollar, its biggest one day fall since Nov. 10, South African […]

By Yashaswini Swamynathan U.S. stocks were well off session lows on Monday as investors sought bargains after a rough start on Wall Street following the defeat of President Donald Trump’s first major legislative action. Republicans were forced to pull a healthcare bill on Friday after failing to gather the votes needed in Congress to repeal and replace the Affordable Care Act also called Obamacare. The bill’s failure […]

ABU DHABI // The UAE has contributed Dh200 million to the Interpol Foundation for a Safer World, supporting seven projects fighting global crime and terrorism over five years. Announced ahead of the Unity for Security Forum in Abu Dhabi, which starts on Tuesday, the money will help to fund collaborations and training in Interpol’s 190 member states. “Building relations with relevant institutions in the fight against crime […]

March 27, 2017 by: Roger Blitz in London and Eric Platt and Robin Wigglesworth in New York Financial markets shuddered on Monday as investors absorbed the collapse of US healthcare reform last week, with some fearing pro-growth policies like tax reform could be stymied by government inaction and a Republican party in disarray. Global stocks retreated, US banks slid into correction and the dollar index fell to […]

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By Matt Spetalnick | WASHINGTON WASHINGTON Israeli Prime Minister Benjamin Netanyahu said on Monday he was committed to working with U.S. President Donald Trump to advance peace efforts with the Palestinians and with the broader Arab world. Netanyahu made the pledge in a speech to the largest U.S. pro-Israel lobbying group at a time when the Trump administration is seeking agreement with his right-wing government on limiting […]

MANILA The Philippines could tighten its money laundering law this year to cover casinos, its top lawmaker said on Monday, in a move aimed at plugging loopholes that allowed $81 million stolen from Bangladesh to pass through Manila gaming venues. The Senate aims to approve its version of the bill in May and it is likely the lower house of Congress would hold separate discussions on its […]

MANILA: The Philippines Monday (Mar 27) took delivery of two Japanese military surveillance aircraft to help it patrol vital sea lanes in the South China Sea, despite Manila’s increasingly conciliatory stance to Beijing’s claims over the disputed waters. Japan will lease a total of five surplus Beechcraft TC-90 planes to the Philippines, according to Manila’s defence secretary Delfin Lorenzana. Philippine military chief General Eduardo Ano said the […]

WASHINGTON The Senate Intelligence Committee is seeking to interview President Donald Trump’s son-in-law, Jared Kushner, as part of its investigation into ties between Trump associates and Russian officials, a congressional official said on Monday. The official, speaking on condition of anonymity, confirmed a New York Times report that the panel wants to question Kushner. The official said the committee will make an announcement later in the day. […]

President Trump is reportedly creating a new position for his son-in-law and senior adviser Jared Kushner. The newly formed White House Office of American Innovation will leverage business ideas and potentially privatize some government functions, according to Reuters, as Kushner says: “The government should be run like a great American company. Our hope is that we can achieve successes and efficiencies for our customers, who are the […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. So when President Trump raised the white flag on Obamacare Friday, did he pick up the phone and gave the exclusive to Breitbart, The Daily Caller or LifeZette? Nope. He called reporters at The Washington Post and The New York […]

JERUSALEM Israel on Monday urged citizens vacationing in Egypt’s Sinai peninsula to leave immediately, saying the threat of attacks inspired by Islamic State and other jihadi groups was high. The advisory was issued ahead of the Passover holiday, when thousands of Israelis cross the land border with Egypt to visit resorts and beaches on the Sinai’s Red Sea coast. Israel’s Anti-Terrorism Directorate said its “Level 1” alert […]

Defendants may find themselves taken into custody if they travel abroad. Their assets could be seized in other countries. Continue reading the main story “It starts a process of accountability,” said Stephen J. Rapp, former United States ambassador at large for the Office of Global Criminal Justice and now a nonresident fellow at The Hague Institute for Global Justice, who helped to file the case. “We could […]

JOHANNESBURG South African President Jacob Zuma ordered Finance Minister Pravin Gordhan to return from an investor roadshow to Britain and the United States because he “did not give permission for the trip”, a government source said on Monday. “They were told last night or this morning to come back,” the source, who had no more details, said. (Reporting by Ed Cropley; Editing by James Macharia) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); […]

Following a car accident involving one of its self-driving cars, Uber is officially pulling out its autonomous testing program in Arizona, in addition to pausing its Pittsburgh test bed. This is the latest for a company currently facing a diverse set of controversies: from workplace sexism to Kalanick’s perceived lack of leadership to pressing accounts of its noxious office culture. Uber’s Self-Driving Car Crashes In a photo first […]

MANILA, Philippines — The Court of Appeals (CA) has issued a temporary restraining order (TRO) against the deposition of convicted Filipino worker Mary Jane Veloso in Indonesia. Veloso, who is on death row in Indonesia, was convicted in October 2010 for drug trafficking after being caught with 2.6 kilograms of heroin at an Indonesian airport. The CA issued the TRO in response to the manifestation of petitioners, Veloso’s alleged […]

SEOUL A South Korean court will hold a hearing on Thursday to decide whether to arrest ousted president Park Geun-hye and hold her in a cell for up to 20 days while she is investigated on charges of taking bribes and abusing presidential power. Park, 65, became South Korea’s first democratically elected president to be removed from office when a constitutional court upheld her parliamentary impeachment this […]

Transport The transport company Uber has suspended tests of its self-driving cars after a vehicle was involved in a crash in the US state of Arizona. Uber has been dogged by problems in recent weeks, including the sudden, unexplained resignation of company President Jeff Jones, allegations of sexual harassment, and a lawsuit filed by Google alleging Uber stole trade secrets. (Source: Al Jazeera English YouTube channel) Source […]

It grossed $1 billion and picked up numerous awards nominations, but it has been revealed that a particular aspect of Rogue One: A Star Wars Story proved one of the most controversial moments of the entire franchise. Fans were polarised by the computer-generated appearances of the long-dead Peter Cushing and a youthful Carrie Fisher, with some admiring the technical wizardry but many dismissing their inclusion as downright […]

Prosecutors in South Korea are seeking an arrest warrant for former president Park Geun-hye for her alleged role in a sprawling corruption scandal that triggered her impeachment earlier this month. “The issues are grave . . . the defendant has abused her status and power to extract funds from companies, impinged on corporate freedoms and leaked state secrets,” said a statement by the prosecutors on Monday. “It is unfair not to […]

In July 2011 an unusual fascination had gripped some members of New York’s financial community. Walk into a Manhattan office expecting to discuss the US stock market with an investor who exclusively backed equity hedge funds, and they instead had Italian government debt on the brain. Selling short bonds of the eurozone’s third-largest economy had become so popular that non-debt specialists had started to notice, and rising […]

SEOUL A South Korean court said on Monday it would hold a hearing on ousted leader Park Geun-hye’s arrest warrant on Thursday at 10:30 a.m. (0130 GMT). The warrant covers charges such as bribery, the court said in a mobile text message sent to reporters. The announcement came after South Korean prosecutors said they would seek the arrest of Park, South Korea’s first democratically elected president to […]

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