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09 December 2016 MARC has affirmed its AAA(bg) and AAA(fg) ratings on Premier Merchandise Sdn Bhd’s (Premier Merchandise) RM300 million 7-year Medium-Term Notes (MTN) Programme (Tranche 1) and RM300 million 9-year MTN Programme (Tranche 2) respectively with a stable outlook. Tranche 1 and Tranche 2 are guaranteed by Malayan Banking Berhad (Maybank) and Danajamin Nasional Berhad (Danajamin) respectively, and the ratings reflect the credit strength of the […]

Electronic storage detection canine Iris of the New Jersey FBI helps investigators search the home of New York City terror suspect Ahmad Khan Rahami, who set off bombs in Manhattan and on the Jersey Shore, in September 2016. Image: Connecticut State Police This article originally appeared on TechRepublic. The call came at 5:30 am on a hot July morning in 2015. The Indianapolis Metropolitan Police Department told […]

Oman Air has announced that it intends to make its first foray into China on Friday, as part of plans to expand its global network and fleet. The national carrier said in a statement that it plans to start operating flights from its hub in Muscat to Guangzhou, China, from December 9. The airline said the launch of the new route is in response to “significant customer […]

Alaa Najd is the inaugural winner of Project Runway Middle East. The aspiring Lebanese designer won the debut season of the talent quest, in a star-studded finale held on December 8 at the Dubai Design District. Broadcast on MBC, Project Runway Middle East is one 26 international versions of the programme that have been launched since the US original began in 2004.​ Some of the big regional […]

By Luiza Ilie | BUCHAREST BUCHAREST When Romania’s leftist government collapsed a year ago amid outrage over a deadly nightclub fire, many people spied an opportunity for sweeping change in a country plagued by corruption and inept public services. But after the upswelling of public anger over the deaths of 64 people in the Club Colectiv, which lacked emergency exits and fire safety permits, the clamour for […]

What are Australia’s policy options for responding to the internet threats of 2022? This question was explored in the 360° Cyber Game conducted jointly by RAND Corporation and the National Security College (NSC) at the Australian National University (ANU) in Canberra on Thursday. RAND has conducted two of these games before, in Washington DC and in Silicon Valley, and has written up the methodology and results in […]

Photo Zar Mohammad Stanikzai, an Afghan who worked as an interpreter and whose application for a United States visa was rejected this year. Credit Andrew Quilty for The New York Times WASHINGTON — After a protracted political debate, Congress passed a measure on Thursday that would offer sanctuary to a fraction of the Afghan interpreters and translators who have risked their lives to help the military. The […]

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FRANKFURT German semiconductor chipmaking machinery company Aixtron (AIXGn.DE) is considering reducing the size of the business with a partial sale, its chief executive said in an interview published on Friday, opening the door for bidders after a deal with a Chinese firm collapsed. “There are two options: First, we could hope that the markets for our products recover and continue investing high sums in new equipment. But […]

Friday 06:00 GMT Overview Markets across Asia were mostly higher as investors reflected on record highs for Wall Street and the European Central Bank’s decision to tweak its asset purchase programme. European bourses are expected to open little changed, with spreadbetters predicting the UK’s FTSE 100 will be flat at 6,932 and Germany’s Dax to add 7 points to 11,186. US index futures suggest the S&P 500 […]

By Lisa Twaronite and Wayne Cole | TOKYO/SYDNEY TOKYO/SYDNEY Asian shares edged down on Friday but were on track for weekly gains, while the euro became more settled after the volatility seen in the wake of the European Central Bank’s decision to trim the size of its asset purchase program while also extending it for longer than many analysts had expected. MSCI’s broadest index of Asia-Pacific shares […]

DUBAI // Eighteen finalists will take part in the Fazza Championship for Yola on Friday, vying for a chance to win the Dh1 million grand prize. Yola is a tradition involving spinning a rifle in the air to beats of Emirati music. The competition, in its 17th edition, will take place over the next 13 weeks at Al Meydan in Global Village, reported Wam, the state news […]

Two days after the Mayor of Dallas, Mike Rawlings, filed a lawsuit against the Dallas Police and Fire Pension system to block withdrawals, which he referred to as a “run on the bank” of an “insolvent” pension system in “financial crisis, the Pension’s board has finally taken steps to halt further withdrawals.  Of course, this delayed action has come only after $500 million in deposits have been […]

Day3.jpg Today looks like it’s going to be a really interesting day the Internet Governance Forum (IGF). Talks on human rights, cyber security, and how to stand for diversity and inclusiveness in discussions around how the Internet grows. Day 3: Thursday, December 8 WHAT WHEN / WHERE ISOC REPRESENTATIVE BPF Cybersecurity 9:00-10:30Workshop Room 9 Hiroshi Esaki speaking Human Rights: Broadening the Conversation 10:00 – 13:00Main Session Room Sally Wentworth speaking […]

Your daily guide to community and cultural activities across the Emirates for December 9, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Tennis event Take part in the ZSC Academy Tennis Festival, a fun way to experience and learn more about the sport. There will be lessons for children ages 2 and older, tennis […]

Apple has seen a sharp year-over-year increase in the number US government demands for customer data. It’s the company’s first biannual report this year covering how many demands were made from global law enforcement and intelligence agencies, including the US government, for data the company stores. Apple was embroiled in a legal battle with the FBI earlier this year over locked iPhones. Read more. Apple said it […]

08 December 2016 “The power and energy landscape in Africa is undergoing significant change” says Evan Schiff, African Utility Week event director, adding that current trends include “the availability of private investment for power and energy projects, the fast development of energy storage, renewable energy is becoming cheaper, gas that is an increasingly attractive mode of power generation in Africa, and that in the next 10 years, […]

Investors bought firmly into the view that a diverging outlook for interest rates is the key driver for the euro in the wake of the European Central Bank’s extension of quantitative easing, leaving the single currency nursing its biggest one-day drop against the dollar since the UK’s vote to leave the EU. After a knee-jerk 1 per cent leap up in the euro as headlines flashed that […]

1776, a Washington, DC-based technology incubator with a direct presence in Dubai, has signed a partnership agreement with the UK Lebanon Tech Hub (UKLTH), a joint initiative by Banque du Liban (Lebanon’s Central Bank) and the UK Government. The partnership is aimed at supporting Lebanon’s fastest-growing tech start-ups and help them break into new international markets such as the UAE and the neighboring Gulf countries. Start-up companies […]

By Will Dunham John Glenn, who became one of the 20th century’s greatest explorers as the first American to orbit Earth and later as the world’s oldest astronaut, and also had a long career as a U.S. senator, died in Ohio on Thursday at age 95. Glenn, the last surviving member of the original seven American “Right Stuff” Mercury astronauts, died at the James Cancer Hospital at […]

Thursday 21:00 GMT Overview The European Central Bank’s latest policy surprise fuelled a volatile session for the euro and government bonds as participants appeared, initially at least, to struggle to assess its implications. But European stocks rose to 11-month highs while Wall Street overcame an early bout of fatigue to set yet more record peaks. Oil prices resumed their upward path, even as a stronger dollar unsettled […]

China’s Fujian Grand Chip Investment said it had dropped its offer for Aixtron, the German chip equipment maker, six days after President Barack Obama blocked the deal on national security grounds. Fujian’s takeover vehicle Grand Chip Investment said its offer had lapsed because it had failed to gain regulatory approval from the US Committee on Foreign Investment. Aixtron’s shares fell more than 4 per cent to €3.73 […]

Dell Technologies said its infrastructure group delivered a mixed third quarter as all-flash storage systems, hybrid cloud and hyperconverged gear grew, but storage array and server demand fell. The company’s third quarter results include 52 days of EMC’s business and VMware. Dell said revenue from its legacy businesses were largely unchanged in the third quarter. According to Dell, third quarter revenue was $16.25 billion with a net […]

I spot the ship long before the car pulls up to the cruise terminal at Abu Dhabi’s Mina Zayed. Part of the ­Celebrity Cruises fleet, the stately Celebrity Constellation – dark blue and white, and marked with a distinctive “X” logo at the top – stands 13 decks tall. Orange lifeboats hang high on Deck 5, and the shaded gangplank looks like a tunnel boring into the […]

The European Central Bank has decided to scale back its landmark quantitive easing programme from €80bn to €60bn a month, in a move that responds to hawks’ concerns about ultra-loose monetary policy but which could unsettle markets. The bank confirmed that it would buy €80bn a month of bonds under the current leg of the programme until March, but added that it would reduce the purchase size […]

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