ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, congratulated Donald Trump on winning the United States presidential election, wishing him success. In a phone call, Sheikh Mohammed stressed the strong and historic relations with the United states. He also wished relations at all levels would continue to improve and that the UAE and US would […]
By Dustin Volz | WASHINGTON WASHINGTON More than 40 international business and technology organizations representing hundreds of companies on Friday expressed “deep concerns” to the Chinese government about a new cyber security law they said would likely increase the separation between China and the rest of the world economy. Beijing on Monday adopted a cyber security law it called necessary to counter growing threats of hacking and […]
By Tim Baysinger Twitter Inc (TWTR.N) said it was able to deliver more viewers than promised to advertisers on a U.S. election night livestream, good news for the microblogging site as it tries to ward off growing competition for ad dollars from Snapchat and Instagram. Twitter partnered with BuzzFeed to host an election night broadcast on Tuesday and attracted major advertisers, including Paramount Pictures, Amazon.com Inc’s (AMZN.O) […]
As he ran for India’s highest office, Prime Minister Narendra Modi wooed voters with a promise to crack down on those who had accumulated troves of “black money” — cash earned through illegal means or corruption, or simply never declared to tax authorities. Mr Modi made good on his pledge on Tuesday with a shock declaration that so-called “high value currency notes” — denominations of Rs500 and […]
By Dustin Volz Facebook Inc said on Friday it would no longer allow certain advertisers to exclude racial or ethnic groups when placing ads on its service, following criticism that the practice was discriminatory. The move comes amid growing scrutiny of how the world’s largest online social media network’s policies and algorithms shape what content appears in a user’s news feed. The unexpected victory of Donald Trump […]
Just like the bulk of political pundits and mainstream media commentators, opportunistic internet entrepreneurs were caught off guard by the shock result of Tuesday’s United States presidential election. The day after Donald Trump became the 45th president of the United States it was still possible to find “Don’t blame me, I voted for Trump” T-shirts and hoodies online. But the full story of the shock sustained by […]
For an American public that relies on data for everything from where to find the best taco to the likely victor in a baseball game, Election Day offered a jarring wake-up: The data was wrong. Donald Trump’s stunning electoral win came despite prognosticators’ overwhelming insistence he would lose. And it has forced many to question not just political polling, but other facets of life that are being […]
By Yashaswini Swamynathan U.S. stock index futures fell sharply on Friday as investors tailored their portfolios to benefit from president-elect Donald Trump’s proposed policies. The decline on Nasdaq futures was more pronounced. Facebook (FB.O), Apple (AAPL.O), Netflix (NFLX.O) and Alphabet (GOOGL.O) were off more than 1 percent in premarket trading, indicating that Thursday’s selloff in the technology sector was likely to continue. Investors also appeared to be […]
By David Randall | NEW YORK NEW YORK Donald Trump’s surprise victory in the U.S. presidential race is pushing mutual fund managers out of dividend stocks and into the shares of financial, industrial and materials companies that stand to benefit from rising inflation. Although inflation remains subdued by most measures, U.S. longer-dated Treasury yields rose on Thursday to their highest levels in more than 10 months after […]
MOSCOW Russian President Vladimir Putin said on Friday there was a risk this year’s federal budget deficit could slightly exceed 3.7 percent of gross domestic product. Putin told a meeting with government officials on the economy that it would not be a disaster if the deficit were to hit 3.8-3.9 percent of GDP, but that Russia should aim for a level of 3.7 percent of GDP. (Reporting […]
By Vladimir Soldatkin | MOSCOW MOSCOW Russia’s top oil producer Rosneft reported strong cashflow on Friday, strengthening its position for a continuing acquisition drive despite a worse than expected 77 percent decline in third-quarter net profit. Rosneft, which bought a controlling stake in mid-sized oil company Bashneft for 323 billion rubles ($4.9 billion) last month, has been looking for ways to increase its global exposure and become […]
Xbox One may already be cementing its position as the best-selling console in the United States after consistently beating PlayStation 4 in the past four months. This is considered the longest Xbox One dominance in the history of the consoles’ rivalry since they were both launched in November 2013. Xbox One October Sales The information is based on data gathered by The NPD Group and GfK Entertainment […]
Apple CEO Tim Cook has been relatively quiet on the topic of his own personal political inclination in the lead up to the 2016 U.S. presidential election. But the unprecedented win of Republican candidate Donald Trump after such a tumultuous campaign has now prompted Cook to address his employees and the entire company in an effort to unite the people. How To Conduct Business After 2016 U.S. Elections […]
MOSCOW // Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, was in Moscow on Thursday to chair the sixth UAE-Russia joint meeting as the two countries sought to strengthen economic, trade and investment cooperation. Russian minister of industry and trade, Denis Valentinovich Manturov, hosted the meeting which Sheikh Abdullah said was “a major step to further strengthen the strategic bilateral relations” with Russia. The […]
RIYADH // A UAE delegation arrived in the Saudi capital on Thursday for a GCC economic meeting. Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, headed the delegation that attended the first meeting of the GCC Economic and Development Affairs Authority in Riyadh. Saudi Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defence, presided over the meeting. […]
ABU DHABI // Sheikh Mohammed bin Zayed met the Egyptian president in Cairo on Thursday to take stock of regional and global issues. The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces and Abdel Fattah El Sisi discussed regional challenges, especially interference from foreign parties, the crises in Arab countries and risks to the region posed by terrorist organisations. They also considered […]
The model numbers for Samsung’s upcoming Galaxy S8 series and Galaxy Note 8 have leaked. According to a reliable source, the SM-G950 and SM-G955 will make up the Galaxy S8 series, while SM-N950 has been reserved for the Galaxy Note 8. Samsung and wireless carriers who sold the Galaxy Note 7 have been urging Note 7 owners to exchange the defective smartphone, but as we saw in […]
|By Arabian Post Staff|Bank of America-Merrill Lynch has made moderate downward adjustments to its near-term growth forecasts in the light of the election of Trump as the next US President. “Given the high level of uncertainty about the exact policy changes at this stage, we are assuming that trade tensions and fiscal stimulus have offsetting impacts on growth in the medium term,” it said. While a wide […]
Dubai businessman Khalaf Al Habtoor has been buying the British pound after it weakened against the U.S. dollar and said he’s seeking to expand in Europe. “We’re expanding overseas right now’’ mostly in “safe regions,’’ Al Habtoor told Bloomberg Television in an interview Thursday. “We also bought a lot of pound sterling.” Al Habtoor is expanding into central Europe and seeking properties in “safe regions” such as Austria, […]
Saudi business magnate Prince Alwaleed bin Talal on Thursday put aside his bitter clash with Donald Trump and embraced the Republican U.S. president-elect, saying he was heartened by reports that Trump had appeared to delete online references to his proposed ban on Muslims. Prince Alwaleed, in a wide-ranging telephone interview on CNBC, said he planned to meet Trump in the United States soon. “I have no problem […]
The United Nations implored all sides in the Syria conflict on Thursday to allow food deliveries to rebel-held eastern Aleppo, where roughly 250,000 residents, under siege for months, just received their last rations. Russia appeared to reject the plea. “I don’t think anybody wants a quarter of a million people to be starving in east Aleppo,” Jan Egeland, the United Nations official in charge of a humanitarian […]
DUBAI // Sheikh Mohammed bin Rashid met the Armenian president on Thursday for a meeting in which their countries signed agreements in security, science, emergency response and commerce. In his meeting with Serzh Sargsyan at Zabeel Palace in Dubai, the Vice President and Ruler of Dubai said the UAE welcomes countries that support peace and human values. Sheikh Saif bin Zayed, Deputy Prime Minister and Minister of […]
During the long 2016 election season, now-President-elect Donald Trump spent far more time talking about immigration, terrorism and the economy than he did about information technology issues. Over the past several years, though, he has occasionally taken to Twitter to bash net neutrality as a “top-down power grab” or say during a Fox & Friends television interview that Apple should be boycotted for fighting an FBI order […]
BEIRUT, Lebanon — Crossing from Syria into Lebanon on Tuesday night proved to be a parable for the diametrically opposed ways the world sees the election of Donald J. Trump. At the passport counter, a Syrian officer’s face lit up when he saw an American traveler. “Congratulations on your new president!” he exclaimed, giving an energetic thumbs up. Mr. Trump, he said, would be “good for Syria.” […]
