Dubai Social media has become a window to the world and Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai has reached a special landmark by attracting 15 million online followers. With accounts across several different platforms, Sheikh Mohammed is now considered one of the top five most influential global political leaders. In 2016 alone, Sheikh Mohammed’s followers on LinkedIn doubled to […]
Five people have been killed after a gunman opened fire in the crowded baggage claim area of Fort Lauderdale airport in Florida on Friday. The county sheriff’s office said that five people were dead and eight had been injured in the incident at the baggage carousel, which began shortly before 1pm. “We still have people fighting for their lives in the hospital,” said Rick Scott, Florida’s governor. […]
Photo The Russian aircraft carrier Admiral Kuznetsov has been called back to its home port, Murmansk. Credit Norway Royal Airforce, via European Pressphoto Agency MOSCOW — Russia has ordered its only aircraft carrier to return home, part of a general drawdown of forces involved in the Syria conflict, a senior general announced on Friday. The carrier, the Admiral Kuznetsov, was sent to the eastern Mediterranean in the […]
Teva Pharmaceuticals, the world’s largest maker of generic drugs, has cut its sales and profit expectations for 2017 as it braces for more pricing and competition pressure on its best-selling drug — the multiple sclerosis treatment Copaxone. The Israeli group said net revenue for full-year 2017 would now be $23.8bn-$24.5bn, compared with the $25.2bn-$26.2bn range it gave in July. Expectations for earnings per share have also been […]
By Ann Saphir and Jason Lange | CHICAGO CHICAGO Chicago Federal Reserve President Charles Evans said on Friday the central bank could raise interest rates three times this year, faster than he had expected just a few months ago and in line with the majority of his colleagues. The comments from Evans, a voting member of the Fed’s policy committee this year, reinforced the view that the […]
By Roberta Rampton | WASHINGTON WASHINGTON President Barack Obama said on Friday that criticism from the left wing of his own Democratic Party helped feed into the unpopularity of Obamacare, his signature healthcare reform law. Obama has been spending part of his last two weeks in office urging supporters to speak out against plans by Republicans – who will soon control both the White House and Congress […]
WASHINGTON Russian President Vladimir Putin ordered “an influence campaign” in 2016 aimed at the U.S. presidential election with the goal of undermining the democratic process and denigrating Democratic rival Hillary Clinton, a new, declassified intelligence report said on Friday. “We further assess Putin and the Russian Government developed a clear preference for President-elect Trump,” the report said. “We also assess Putin and the Russian Government aspired to […]
A round-up of major happenings in Pakistan in the last week. Pakistan Prime Minister Nawaz Sharif. Credit: PTI Panama Papers investigation After weeks of acrimony, the first day in office for new Chief Justice Mian Saqib Nisar was an unusually harmonious one, with all parties hailing the constitution of a new bench for the Panama Papers hearings that will resume on January 4. Nisar excluded himself from […]
WASHINGTON President-elect Donald Trump said he had a “constructive” meeting with members of U.S. intelligence agencies on Friday and plans to appoint a team to give him a plan to combat cyber attacks within 90 days of taking office on Jan. 20. “While Russia, China, other countries, outside groups and people are consistently trying to break through the cyber infrastructure of our governmental institutions, businesses and organizations […]
Facebook has appointed former NBC and CNN anchor Campbell Brown to oversee its sometimes-strained relationship with the news industry, as the platform faces criticism for its role in the US presidential election. Campbell Brown, who hosted her own show on CNN until 2010, wrote in a post on Facebook that she will join its news partnerships team this month, charged with helping journalists work more effectively with […]
Nobody likes to admit going along with the consensus. It sounds better to be contrarian, and in markets there is far more money to be made when you latch on to an unpopular notion that turns out to be correct. That is how you get to buy things cheap. But sometimes the herd gets it right, even if it gets overexcited and “overshoots” its target. On balance, […]
TOKYO U.S. President-elect Donald Trump has threatened Toyota Motor Corp (7203.T) over its Mexican-built cars, but the biggest risk from a punitive tariff would be for its compatriot Nissan Motor Co (7201.T), the largest automaker operating in the country. Trump has criticized U.S. companies like General Motors (G.N) and Ford Motor Co (F.N) which manufacture abroad, accusing them of costing U.S. jobs. On Thursday he took on […]
At least nine people were shot, including three fatally, and a suspect was in custody at the Fort Lauderdale-Hollywood International Airport in Florida on Friday, MSNBC reported, citing unnamed law enforcement sources. Broward County Sheriff’s office tweeted “multiple people” had died in the shooting and one person was in custody. “There is an ongoing incident in Terminal 2, Baggage Claim,” said a post on the airport’s Twitter […]
WASHINGTON President-elect Donald Trump called the controversy over Russian hacking during the 2016 presidential campaign a “political witchhunt” on Friday in an interview hours before he was to receive a U.S. intelligence briefing on the topic. “China, relatively recently, hacked 20 million government names,” Trump told the New York Times, referring to the Office of Personnel Management breach in 2014 and 2015. “How come nobody even talks […]
Dubai, UAE, 6 January 2017 Dubai Supreme Council of Energy (DSCE) held a press conference in Oman to promote the 3rd Emirates Energy Award (EEA 2017) that will be held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai under the theme ‘Innovative Solutions for Clean Energy’. The press conference held at Grand […]
MANILA, Philippines – The Department of Health (DOH) reported yesterday a total of 630 fireworks-related injuries recorded during the New Year’s Eve revelry, which is 292 cases lower than the incidents in the previous year. “We would like to extend our gratitude for the support of other national agencies, the local governments, non-government organizations and the media for the anti-firecracker campaigns. We do hope that eventually we […]
BEIRUT // Syrian film, television, and theatre pioneer Rafiq Sebaie – best known to audiences as Abu Sayyah after one of his long-standing roles – has died at the age of 86. Sebaie died of natural causes on Thursday. He had undergone a series of operations since breaking his hip in a fall at his home last year, Syrian state media said. Often cast in tough-guy roles, […]
January 6, 2017 by: Adam Samson in New York US wage growth accelerated to the quickest pace since 2009 last month, underscoring rising inflationary pressure as President Barack Obama prepares to pass the torch to Donald Trump. Average hourly earnings climbed 0.4 per cent in December from the previous month, beating expectations for a 0.3 per cent pick-up, the Labor Department said in the final employment report […]
This story is a collaboration between Kaiser Health News and the Center for Public Integrity. Six years ago, federal health officials were confident they could save taxpayers hundreds of millions of dollars annually by auditing private Medicare Advantage insurance plans that allegedly overcharged the government for medical services. An initial round of audits found that Medicare had potentially overpaid five of the health plans $128 million in […]
MOSCOW: Russia announced on Friday that it is withdrawing its aircraft carrier and some other Russian warships from the waters off Syria as the first step in a drawdown of its forces in the war-torn Mideast country.According to Russian General Staff chief Gen. Valery Gerasimov, the Admiral Kuznetsov carrier and accompanying ships are to be the first to leave.Gerasimov was quoted as saying by the state news […]
By Yashaswini Swamynathan U.S. stocks edged lower on Friday after data showed employment in December rose less than expected but a rebound in wages suggested sustained growth in the labor market. The public and private sectors together added 156,000 jobs last month, a U.S. Labor Department report showed, compared with 204,000 jobs added in November. Average hourly earnings increased 10 cents, or 0.4 percent, after slipping 0.1 […]
By Richard Balmforth | PARIS PARIS France’s far-right leader fired broadsides at the European Union and the euro currency on Friday, marking out Europe as a major plank in her programme as the battle lines took shape in the campaign for the presidential election in spring. Marine Le Pen, head of the anti-EU, anti-immigrant National Front (FN) and seen by pollsters as highly likely to make a […]
By Isabel Coles and Saif Hameed | NORTH OF MOSUL, Iraq/BAGHDAD NORTH OF MOSUL, Iraq/BAGHDAD Elite Iraqi troops bridged a river under the cover of darkness to seize a district of Mosul in an unprecedented night raid early on Friday, part of a new phase in the battle to capture the city from Islamic State after weeks of slowed momentum. Since last week, Iraqi forces have launched […]
WASHINGTON President-elect Donald Trump criticized news stories on Friday that reported U.S. taxpayers would pay for his planned border wall with Mexico, saying they were failing to report that U.S. funds used to start the project would be repaid later by Mexico. “The dishonest media does not report than any money spent on building the Great Wall (for sake of speed), will be paid back by Mexico […]
