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 THOMAS ERDBRINK November 5, 2016 TEHRAN — In the past, Iranians looking to mock the United States would burn cardboard effigies of Uncle Sam or Lady Liberty. But in recent months, as the American presidential election took a series of bizarre turns, Iranians seeking to make fun of the “Great Satan” have ditched the arts and crafts and simply switched on their TV sets. Iran’s state television, a […]
|By Arabian Post Staff| The growing list of OPEC members seeking exemptions from a planned supply cut has investors seeing future price drops, Bloomberg reports. Money managers increased bets on lower West Texas Intermediate oil for the first time in five weeks as Iraq joined Iran, Nigeria and Libya in seeking to be excluded from OPEC’s first agreement to reduce output in eight years. The deal was reached […]
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 […]
Major DDoS Attack Causes U.S. Outages on Twitter, Reddit, Others Early this morning, a large distributed denial of service attack (DDoS) directed at the Internet performance management company Dyn caused Web site outages for a number of its customers, including Twitter, Reddit, Spotify and SoundCloud. Services were restored to normal by 9:20 a.m. Eastern Time, the company said. In a status update shortly after 7 a.m., New […]
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 Matein Khalid| The fall in oil prices since 2014 has triggered a liquidity crunch and higher funding costs in the UAE banking system. EIBOR is almost double the London interbank rate LIBOR. Non-performing loan (NPL) have begun to rise as property prices have fallen 20% from their peak and corporate/SME borrowers are hit by a sharp downturn in the business cycle. DIB shares reflect these macro […]
|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| Goldman Sachs Group Inc. won a landmark case when a London court ruled that there is no evidence to prove the bank resorted to unlawful practices to get Libyan officials to invest with it, a move that led to $1.2 billion loss to Libya. The verdict put to rest claims the bank leveraged its reputation as well as lavish meals and prostitutes to […]
By Sankalp Phartiyal and Anya George Tharakan | MUMBAI/BENGALURU MUMBAI/BENGALURU Infosys Ltd cut its annual revenue growth target for the second time in three months as India’s software service exporters feel the pinch of major Western clients holding back on spending as they wait to see how November’s U.S. presidential election and Europe’s Brexit drama play out. While it reported second-quarter net profit grew 6.1 percent, the […]
Google, Hewlett Packard Enterprise and IBM are among nine tech giants coming together to promote a new standard for data center servers. Designed to speed up server performance, the OpenCAPI specification is aimed at helping businesses better handle today’s increasingly data-intensive workloads. Working together as part of the new OpenCAPI Consortium, the industry partners said they expect that the first products based on the new standards will […]
|By Matein Khalid| The Algiers pact was a game changer in the international oil markets. Crude oil prices have risen to three month highs above $50 Brent after OPEC agreed to cut output to the 32.5 – 33 MBD range, with the symbolic Saudi-Iranian deal reinforced by a sharp drop in US inventories and Hurricane Matthew’s havoc in the Caribbean. Unfortunately for OPEC, the US land rig […]
By Mai Nguyen and My Pham | HANOI HANOI Samsung Vietnam will maintain its current staff numbers and its exports target this year, the firm said on Wednesday, despite the parent company scrapping its flagship Galaxy Note 7 phone following a series of battery fires. Samsung Electronics, which employs around 110,000 people in Vietnam, finally pulled the plug on the new Note 7 phone on Tuesday, less […]
Donald Trump, under attack by opponents as well as Republican politicians for crude remarks about women, doesn’t “have any clue about what’s going on in the world” and young Americans must vote to make sure he doesn’t get elected president, according to actor Robert De Niro. “I’m so angry because this fool” was allowed to get to this place in the contest, De Niro told reporters on […]
Young people in the UAE and wider GCC desire early independence and the opportunity to turn their passion into a sustainable career, according to a new study. They also want this career to be mutually beneficial for them and for their wider communities, said the study released by Expo Dubai 2020. Expo 2020 Dubai has worked with market research firm YouGov to gather the opinions of youth […]
JERUSALEM — For Mahmoud Abbas, the Palestinian president, what was intended as a gesture of respect for a man of peace has brought him anything but peace back home. His brief visit to Jerusalem to attend the funeral of Shimon Peres, the former prime minister and president of Israel, and his handshake with the current prime minister, Benjamin Netanyahu, brought a fierce backlash from many Palestinians who […]
The Interpreter By AMANDA TAUB It is a truth universally acknowledged by every war correspondent, humanitarian aid worker and Western diplomat: Some wars, like Syria’s, receive tremendous public attention, which can translate into pressure for resolution. But many others, like Yemen’s still raging but much ignored conflict, do not. Some of the reasons are obvious; the scale of Syria’s war is catastrophic and much worse than Yemen’s. […]
IT services provider Cognizant Technology Solutions Corp (CTSH.O) said it was conducting an internal investigation into possible violations of U.S. anti-corrupt practices laws related to payments in India, sending its shares tumbling on Friday. The company also said President Gordon Coburn had resigned and would be replaced by Rajeev Mehta, the head of IT services. Cognizant, which gave no reason for Coburn’s departure, did not respond to […]
Four States Sue To Stop U.S. from Ceding Internet Control Four states — Arizona, Oklahoma, Nevada, and Texas — are suing to stop the U.S. government from transferring control of the Internet to an international body on Saturday. A U.S. Department of Commerce contract with the Internet Corporation for Assigned Names and Numbers, or ICANN, is set to expire Friday. ICANN, formed in 1998, manages domain names […]
Enterprises will soon be able to speed their Ethernet networks by up to five times their current speeds without having to replace their existing infrastructures thanks to a new networking standard announced this week. The standard, officially known as IEEE 802.3bz, defines 2.5 and 5 Gigabit Ethernet speeds over the existing installed base of twisted pair copper cabling. The new networking protocol will help companies continue to […]
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 […]
By MARK LANDLER September 30, 2016 WASHINGTON — When Bill Clinton took his place on Friday at Mount Herzl in Jerusalem for the state funeral of Shimon Peres, he was part of a tangled tableau: leaders from Israel and the United States who came together to mourn a giant of peace but who nurse their own political feuds and rivalries, stretching back two decades. Standing close to the former […]
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, […]
