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FedEx Corporation (NYSE: FDX)  announced that the worldwide operations of its TNT Express subsidiary have been significantly affected due to the infiltration of an information system virus. While TNT Express operations and communications systems have been disrupted, no data breach is known to have occurred. The operations of all other FedEx companies are unaffected and services are being provided under normal terms and conditions. Remediation steps and […]

|By Arabian Post Staff| Chinese operators are on track to launch commercial 5G networks by 2020 and are expected to establish China as the world’s largest 5G market by 2025, according to a new study by GSMA Intelligence and the China Academy of Information and Communications Technology (CAICT). The new study ‘5G in China: Outlook and Regional Comparisons’, which was published today at GSMA Mobile World Congress Shanghai, […]

|By Matein Khalid| The financial markets finally cottoned on the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an investigation on disgraced General Michael Flynn’s contacts with Russian intelligence before the election. The appointment of a special prosecutor to investigate the scandal means Washington is […]

DUBAI, United Arab Emirates: Donald Trump Jr. traveled to Dubai and met a billionaire business partner in the city-state, discussing “new ideas” as the Emirati’s real estate firm still lists possible plans for future joint projects while Trump’s father is in the White House.The Trump Organization has said it won’t make new foreign deals while Donald Trump serves as America’s 45th president. That didn’t affect the Trump […]

When The Washington Post broke the story this week that President Trump shared highly classified intelligence from a U.S. ally with Russia, not everything the reporters knew made it into print. Halfway through the story, this paragraph referring to the ISIS plot revealed by Trump appeared: “The Post is withholding most plot details, including the name of the city, at the urging of officials who warned that […]

By Jamie McGeever | LONDON LONDON The turmoil in Washington surrounding Donald Trump’s presidency is rattling world markets, and the burst of volatility could force investors into a strategic or tactical rethink of how much risk they are happy to face. Increasingly damaging revelations about the Trump administration’s and election team’s dealings with Russia triggered the biggest fall on Wall Street on Wednesday since last September and […]

Japan has recorded its longest run of sustained growth in more than a decade as stimulative policy and a healthier global economy lead to a period of robust progress. Growth for the first quarter of 2017 came in at an annualised 2.2 per cent, according to the Cabinet Office, marking five quarters of continuous expansion in gross domestic product. The figure beat the consensus analyst forecast of 1.7 […]

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The Office of the Australian Information Commissioner (OAIC) has been tasked by the Department of the Prime Minister and Cabinet (PM&C) to develop a new privacy code for the Australian Public Service (APS), one that Commissioner Timothy Pilgrim said is needed after a string of privacy issues. “While these have been the result of a range of circumstances, through my office’s subsequent involvement in them I have […]

By Mark Hosenball and Lawrence Hurley | WASHINGTON WASHINGTON Former FBI director and prosecutor Robert Mueller, known for his independence in high profile government investigations, is taking on a new challenge in the midst of a crisis that threatens the presidency of the United States. Mueller, 72, was named on Wednesday by the Justice Department to probe alleged Russian efforts to sway November’s presidential election in favor […]

Google chief executive Sundar Pichai delivers the keynote address at the 2017 Google I/O Conference, where he stressed the importance of artificial intelligence Google announced Wednesday it was bringing its digital assistant to Apple iPhones as part of its effort to win the battle with tech rivals on artificial intelligence. At its annual developers conference at an outdoor concert-venue near its main campus in Mountain View, California, […]

18 May 2017, Doha – Qatar   Qatar Financial Centre (QFC)’s Legal Department was awarded the Middle East “Legal Team of the Year” in the public sector (government departments, agencies or public bodies) at the Middle East Legal Awards 2017 held in Dubai, UAE.  The Middle East Legal Awards are co-hosted by the Association of Corporate Counsel and are the premier legal awards in the Middle East. This […]

Photo Supporters of President Hassan Rouhani, who is running for re-election, at a campaign rally in Isfahan, Iran, on Sunday. Credit Vahid Salemi/Associated Press WASHINGTON — The Trump administration signaled on Wednesday that it would not, for now, jettison the Iran nuclear deal, despite the president’s harsh criticisms of the agreement during the campaign. But while acknowledging that the deal would remain in place, the administration imposed […]

Google CEO Sundar Pichai delivers the keynote address of the Google I/O conference, Wednesday, May 17, 2017, in Mountain View, Calif. Google provided the latest peek at the digital services and gadgets that it has assembled in the high-tech tussle to become an even more influential force in people’s lives. (AP Photo/Eric Risberg) Google announced a lot of new bells and whistles Wednesday—several of which, it turns […]

We all know — or, well, we should all know — how to block malware attacks. You don’t install unknown applications. You don’t open dodgy email attachments. And you don’t download files from strange websites. But then, there’s WannaCrypt, aka WannaCry. It starts by infecting you the old-fashioned way, but once it makes it on your network, it uses an out-of-date version of Windows’ Server Message Block […]

A selfie-app company learned the value of index membership on Wednesday, when shares in Meitu Inc dropped 9 per cent after MSCI said the Hong Kong listed stock would not, as previously announced, enter its China index in June. MSCI had included Meitu in a list of planned index changes published Monday evening, and the sudden reversal highlights the power of index providers to direct money and […]

BANDA ACEH, Indonesia An Islamic court in Indonesia has sentenced two men to 85 lashes of the cane for having sex together, judges in the conservative province of Aceh said, ignoring pleas for clemency from human rights groups. The public caning handed down by a panel of judges is the first time laws against homosexuality, introduced in the province in 2014, have been used. The sentence was […]

PalFest in print The remarkable Palestine Festival of Literature celebrates its 10th anniversary this week, but the fun will not end tomorrow. Next month, Bloomsbury will publish This Is Not A Border, an anthology of “reportage and reflection” from the festival. Edited by PalFest co-founders Ahdaf Soueif and Omar Robert Hamilton, it features poems, stories and essays from a wide range of writers, including Mohammed Hanif, Teju […]

TOKYO U.S. share futures and the dollar slipped in early Asian trade on Wednesday after reports that President Donald Trump asked then-FBI Director James Comey to end a probe into his former security adviser. The reports raised questions about whether charges of obstruction of justice could be laid against Trump, weakening confidence in the U.S. president’s ability to push through an aggressive stimulus program that investors had […]

“It’s a huge burden on the American psyche to have a president go abroad when a sword of Damocles is hanging over them at home,” said Douglas Brinkley, a professor of history at Rice University and an expert on the presidency. “It turns our president, instead of representing the best of America on the road, into a traveling can of worms.” Continue reading the main story Mr. […]

In today’s world, millennials are always looking for the best that life can afford, from artisan coffee to avocados on everything, but when they need money for items of importance – like bills – they don’t know what happened. Millionaire Tim Gurner decided to call millennials out on this and tell the younger generation like it is. All Artisan Everything Gurner, the Australian native who made his money […]

Dubai, 16 May 2017 At ICM Capital LTD, we’re committed to helping our clients transform the way they trade.  We know that simply being good for ICM Capital is not enough. We must also be good for our partners and the communities in which we live and work. We’re in a great position to make sure that we set an example in our world of trading. As […]

WASHINGTON The United States and the United Arab Emirates have signed a new, updated defense cooperation agreement that the Pentagon on Tuesday said dictated “the magnitude and conditions” of the U.S. military presence inside the Emirates. “This provides the U.S. military with the ability to more seamlessly respond to a range of scenarios in and around the UAE, if necessary,” Pentagon spokesman Christopher Sherwood told Reuters, without […]

“I have been there and, believe me, I have been afraid.” This was how the first African-American Arctic explorer, Matthew Henson, described his expeditions to the North Pole in 1912. It is a feeling novelist Laline Paull can empathise with, for totally different reasons. During her trip to the Arctic, which became the inspiration for her fascinating new novel, Paull’s paralysing fear came from the obvious effects […]

Europe’s top court has ruled that a key EU-Singapore agreement requires backing by all EU member states — but only for a narrow set of issues — in a decision that could chart the way for a post-Brexit trade accord with the UK. The European Court of Justice ruled that EU member states must sign off on specific areas related to investment in the Singapore trade deal. […]

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