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October Food Price Shock Has Far Reaching Consequences // Woman found dead as bank moves to repossess home // Electoral register gains 2.17 lakh voters // Microsoft outage leaves Outlook and Teams users disconnected // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // OpenAI unveils ChatGPT Wallet for agent-led purchases // Salik posts Dhs1.045bn profit despite lower toll traffic // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Microsoft restores services gradually but gives no recovery deadline // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // Saudi fund assets forecast to cross $400 billion // Yicura BioMed Advances Dual Capital and Industrial Strategy: Completes First Closing of Series B Financing Led by Gobi Partners // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // Nvidia appoints Colette Kress interim chief after Huang departure // Crescent Enterprises venture arm funds Oyster Therapeutics development // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Messi affair SIT finds all-round violations // US authorities dismantle North Korean cryptocurrency deception infrastructure // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk //

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Telstra and Ericsson have announced that they will be deploying a Cat M1 Internet of Things (IoT) network across the country, with trials already under way in Melbourne and Tasmania. The announcement, made at Mobile World Congress (MWC) in Barcelona on Sunday, is in partnership with device providers Sierra Wireless, Altair, and Bosch. One of the trials has seen them collect data from sensors at Pooley Wines […]

Top executives at some of the world’s biggest banks and insurers will have to vouch for their companies’ resilience to cyber attacks, under tough rules laid down by New York’s state regulator. A new regulation, which takes effect on March 1, requires companies supervised by New York’s Department of Financial Services to establish and maintain a cyber security programme that can protect consumers’ private data and “ensure […]

BlackBerry KEYone (Image: TCL) TCL Communication on Saturday announced the 4.5-inch BlackBerry KEYone, the first smartphone from BlackBerry and TCL’s licensing partnership. Throwing back to old school BlackBerry, the KEYone features a physical keyboard. The BlackBerry KEYone will be available globally in April, starting at $549 unlocked. It will run Android 7.1 Nougat out of the box and will be loaded with both Google Play and BlackBerry […]

TEHRAN: Iran’s nuclear chief said Saturday that the country had requested to buy 950 tons of uranium concentrate from Kazakhstan over the next three years to help develop its civil reactor program.The request has been made to the body that oversees the nuclear deal signed between Iran and world powers in 2015.Ali Akbar Salehi, head of Iran’s Atomic Energy Organization, told the ISNA news agency that the […]

Saudi Arabia’s economy is forecast to continue slowing this year, dragged down by negative growth in the oil sector, according to Jadwa Investment. Its latest report said growth in the oil sector will turn negative due to the kingdom’s compliance with OPEC production cuts, while non-oil sector growth should rebound but “remain subdued” during 2017. Jadwa forecast that growth in the non-oil private sector will accelerate from […]

25 February 2017 MARC has affirmed its AAA(bg) rating on Boustead Holdings Berhad’s (Boustead) RM1.0 billion Bank-Guaranteed Medium-Term Notes (BG MTN) programme with a stable outlook. The rating reflects the credit strength of the syndicated bank guarantee facility provided by OCBC Bank (Malaysia) Berhad (OCBC Malaysia), Public Bank Berhad (Public Bank), Malayan Banking Berhad (Maybank) and The Bank of East Asia (BEA) Labuan Branch, all of which carry financial institution ratings […]

Concourse D at Dubai International Airport has served more than 16.6 million passengers during its first year of operations. Concourse D, which represents the final major piece of infrastructure to be built at the airport as part of the $7.8 billion 2020 programme, marks its first anniversary on February 24. The $1.2 billion facility became the home of 60 international airlines that operate into Terminal 1 and […]

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North Korea is evading international sanctions with a sophisticated network of overseas companies, enabled partly by its continued access to the international banking system, says a forthcoming United Nations report seen by Reuters. North Korea is under heavy U.N. sanctions and a strict arms embargo designed to impede the development of its banned nuclear and missile programmes. The U.N. panel of experts, which produced the 100-page draft […]

By Alexandria Sage | SAN FRANCISCO SAN FRANCISCO Alphabet Inc’s (GOOGL.O) Waymo self-driving car unit sued Uber Technologies [UBER.UL] and its autonomous trucking subsidiary Otto on Thursday over allegations of theft of its confidential and proprietary sensor technology. Waymo accused Uber and Otto, acquired by the ride services company in August, with stealing confidential information on Waymo’s Lidar sensor technology to help speed its own efforts in […]

SoFi, the biggest and the brashest of a new breed of online lenders in the US, has sealed a $500m funding round, giving it firepower to push into new products and markets including Canada and Australia. The private San Francisco-based company last received a big shot of funds — its fifth — in September 2015, when SoftBank of Japan led a $1bn round, the biggest in the […]

By By Rozanna Latiff and Emily Chow, Reuters Feb 24, 2017 at 7:56 pm | Print View KUALA LUMPUR — VX nerve agent, a chemical the United Nations classifies as a weapon of mass destruction, was used to kill the estranged half-brother of North Korean leader Kim Jong Un in a bizarre murder in Malaysia last week, police said on Friday. Kim Jong Nam was killed on […]

24 February 2017 MARC has assigned long-term ratings of AAA, AA and A to Kinabalu Capital Sdn Bhd’s (Kinabalu Capital) medium-term notes (MTN) RM130 million Class A, RM25 million Class B and RM15 million Class C respectively. Concurrently, MARC has assigned a MARC-1 rating to Kinabalu Capital’s issue of up to RM170 million commercial papers (CP). The issuance of the rated MTN and/or CP with a combined […]

By Frank Jack Daniel | MEXICO CITY MEXICO CITY An emboldened Mexico hardened its opposition to President Donald Trump on Friday by saying it would retaliate if the United States imposed a border tax and that it can afford to lose financial aid that might be pulled to pay for a border wall. Foreign Minister Luis Videgaray said Mexico could respond to any tax the United States […]

By Jonathan Landay | WASHINGTON WASHINGTON While President Donald Trump has suggested that the United States must expand its nuclear arsenal, many experts say U.S. nuclear forces are unrivalled and will remain so as they undergo a modernization programme that could cost more than $1 trillion. In an interview with Reuters on Thursday, Trump said the United States has “fallen behind on nuclear weapon capacity.” He pledged […]

Your daily guide to community and cultural activities across the Emirates for February 25, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. newslide Abu Dhabi Concert Emirati pianist Eman Al Hashimi (pictured), French pianists Angelina Natal and Natalia Stetsenko, and French violinist Clara Saïtkoulov will […]

CAPE TOWN, South Africa, February 24, 2017 In keeping with Samsung’s (www.Samsung.com) goal to enrich and transform lives through digital technology, the electronics giant today reiterated its commitment to advancing access to technology in education across Africa. Speaking at the Samsung Africa Forum 2017, Ms. Sthembile Shabangu, head of Public Relations and Corporate Citizenship at Samsung Electronics, Africa Office notes: “In today’s digital era, any community, especially […]

Depression is not as uncommon as thought and affects more than 4 percent of the global population. The mental condition, if not treated in time may lead to physical and mental disabilities. The World Health Organization (WHO) released some figures pertaining to depression on Thursday, Feb. 23. The figures suggest that depression is now the leading cause of physical and mental disabilities worldwide. “You can see one […]

OSLO Aid agencies must get food to close to 3 million people by July to avert a famine in Africa’s Lake Chad region caused by drought, chronic poverty and Islamist insurgents Boko Haram, the United Nations said on Friday as it launched a funding appeal. International donors at a conference in Oslo pledged $672 million for the next three years in new money, $457 million of which […]

As a journalism professor, Louise Kiernan often talks with her students about jobs. On Thursday, she talked with her investigative journalism class about her own new job in investigative journalism. Kiernan, an associate professor and head of the social justice and investigative program at Medill School of Journalism at Northwestern University, was named the first editor in chief of ProPublica Illinois earlier this week. “My students are […]

Alphabet contends that a manager at its autonomous car subsidiary Waymo took technical data with him when he left to launch a competing venture that went on to become Otto, Uber’s self-driving vehicle unit The race to develop self-driving vehicles took a new turn on Thursday when Google’s parent company Alphabet filed a lawsuit against Uber, accusing it of stealing technology. Alphabet contends that a manager at […]

BEIJING China on Friday dismissed renewed pressure from U.S. President Donald Trump over its role in North Korea, saying the crux of the matter was a dispute between Washington and Pyongyang. Trump told Reuters in an interview on Thursday that China could solve the national security challenge posed by North Korea “very easily if they want to”, turning up pressure on Beijing to exert more influence to […]

Tesla Tesla has revealed plans to construct a total of five Gigafactories to cater to increased solar panel and electric vehicle (EV) battery demands. In a letter to shareholders (.PDF), the EV manufacturer, founded by entrepreneur Elon Musk, Tesla said the company plans to finalize the locations for at least two more Gigafactories, if not three. “Later this year, we expect to finalize locations for Gigafactories 3, […]

So much for sticking “nuclear weapons” in carriers’ dumb pipes. Shine, last year’s enfant terrible of mobile ad blocking is pivoting (again!) — in both tone of voice and business model. It’s also rebranding to, er, Rainbow. So, to keep tabs, since 2011 this Disrupt startup battlefield alum has moved from trying to sell mobile antivirus (Shine Security), to threatening network-level mobile ad blocking (Shine Technologies), to — its latest pivot — […]

Oscar-winning actor Al Pacino is set to visit Saudi Arabia on May 11-12 as part of the General Entertainment Authority schedule for 2017, which aims to boost the kingdom’s entertainment and film sector. The event titled “An Evening with Pacino,” will take place in Riyadh and then Dammam. It will see Pacino share rare backstage stories and inner workings of his personal projects with a live audience […]

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