By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The brightening economic outlook received a further boost from other data on Wednesday showing a jump in consumer sentiment this month following the election of […]
Etihad Airways has priced at par a $1.5 billion five-year senior unsecured sukuk with a 3.86 percent profit rate, Reuters reports citing a document released by the banks leading the issue. The unlisted Islamic bond has a spread of 210 basis points over midswaps and a Nov. 30, 2021 maturity. HSBC, JP Morgan and National Bank of Abu Dhabi are the sukuk arrangers. They are joined by […]
Impala Asset Management, the $2.2bn hedge fund run by George Soros’s former chief investment officer, is benefiting from bets that an overhaul of America’s infrastructure and sustained demand from China will buoy appetite for commodities. Robert Bishop, who founded Impala in 2004, said they decided infrastructure would be a win whoever won the US election, but doubly so in the case of Donald Trump, a real estate […]
As night fell on June 15, volunteers at the Birstall Wellbeing Centre in West Yorkshire were preparing for their usual Wednesday group session. The centre offers Reiki healing, palm readings and holistic massage. Rebecca Walker, who opened the centre eight years ago, is haunted by that night in June. At about 6.30pm, a man in his 50s walked through the door. He was thin, on the short […]
The facility is Hempel’s second largest decorative factory in the world, and the largest in the Middle East Kingdom of Saudi Arabia – 23 November 2016 Hempel Paints, a global supplier of marine, protective and decorative coatings, announced plans to move its entire production in Saudi Arabia to its new plant in Jeddah’s Second Industrial City as part of a strategy aimed at meeting the needs of its […]
A record run of declines; its worst performance since last year’s surprise devaluation and eight-year lows plumbed on a near-daily basis. Whichever way you cut it, China’s currency is having a testing month. However, unlike the infamous devaluation ruckus in August 2015, and the turmoil in markets that followed renminbi weakness in January, investors are not panicking this time. At least not yet. This month the offshore […]
There’s always a real buzz in Abu Dhabi around the time of the Grand Prix and whether you’re a fan of Formula One, or not, there’s plenty to see and do. We have rounded up some of the best ways to get involved in the hype without hotting the grandstands. F1 FanZone If you’re not in the stands at Yas Marina Circuit, the next best place to […]
Photo The Tanin, one of five submarines that make up Israel’s current fleet, at a naval base in Haifa in 2014. Credit Pool photo by Amir Cohen JERUSALEM — Dogged for decades by scandals ranging from the funding of family trips to enormous ice cream bills, Prime Minister Benjamin Netanyahu of Israel is again under scrutiny, this time over a billion-dollar deal with Germany for the acquisition […]
Donald Trump is showing no signs of ditching the unpredictable, pugilistic style that marked his campaign, by clashing with media chiefs, unsettling the US’s closest ally and intervening in the legal fate of his election rival during a 24-hour blizzard of activity. Most of the president-elect’s freewheeling decisions were broadcast over social media on Tuesday, a day after he broke with convention to announce a policy agenda for the […]
Mr. Ponomarev, a New York Times photojournalist, and Mr. Arango, The Times’s Baghdad bureau chief, are in northern Iraq covering the Mosul offensive and the intensifying humanitarian crisis surrounding it. Each day, dozens of families pick their way out, some carrying white flags even as they come under mortar or sniper fire from the Islamic State. Billowing black clouds from oil wells set on fire by militants […]
The film had been pilloried by conservative Christians for a dream sequence in which Christ has sex with Mary Magdalene. In depicting Christ’s life as a doubt-ridden struggle between his human and divine natures, Scorsese had intended to make a film that was at once an act of doubt and an act of faith. In the novel he was reading, the priest was shown profaning an image […]
After a flurry of rumors, OnePlus 3T has already hit the market. Now, does it live up to the hype? The tech world is already testing, scrutinizing and possibly tearing the device down or subjecting it to some cruel torture — all to bring the public the most revealing insights about this new piece of technology. Reviews are coming out of the press as we speak and […]
Riyadh, 22 November 2016 Investcorp, a global provider and manager of alternative investment products, today announced that an entity managed by it has invested in a stake in the leading private medical laboratory chain in the GCC, Al Borg Medical Laboratories (“Al Borg” or the “Company”). Established in 1999 in Jeddah, Al Borg has 53 laboratories across eight countries in the GCC and Africa, with a clear […]
Submitted by John Whitehead via The Rutherford Institute, “We Americans are the ultimate innocents. We are forever desperate to believe that this time the government is telling us the truth.”—Former New York Times reporter Sydney Schanberg Let’s talk about fake news stories, shall we? There’s the garden variety fake news that is not really “news” so much as it is titillating, tabloid-worthy material peddled by anyone with […]
ABU DHABI // Youths from across the Emirates met on Monday to dream up plans for unmanned vehicles capable of saving lives in an emergency situation, and build models of them. The Make It engineering and manufacturing competition, hosted at Khalifa University by Mubadala and the Abu Dhabi Education Council, challenged 95 public and private school pupils to develop a business strategy around their prototypes. Pupils had […]
Submitted by Howard Kunstler via Kunstler.com, America didn’t get what it expected, but perhaps it got what it deserved, good and hard. Daddy’s in the house and he busted straight into the nursery and now the little ones are squalling in horror. Mommy was discovered to be a grifting old jade who ran the household into a slum and she’s been turned out to solemnly await the […]
The dollar’s post-US election surge has investors contemplating not whether they have overdone the rally but just how far the greenback can rise and how quickly it will get there. A series of currency landmarks, which not long ago investors thought too distant to worry about, have already been trampled by the dollar’s relentless march. The euro fell below $1.06, the yen weakened towards ¥111 against the […]
Your daily guide to community and cultural activities across the Emirates for November 22, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Abu Dhabi Art exhibition In celebration of Lebanese Independence Day, which is today, La Parole gallery presents 12 Voices, a group exhibition in collaboration with the Lebanese Embassy. The artworks, which vary in size and […]
Japan has issued a series of tsunami warnings along its north-eastern Pacific coast after an earthquake with a preliminary magnitude of 7.3 struck offshore early on Tuesday morning. The strongest tsunami waves are predicted to hit the seaboard of Fukushima — the prefecture whose nuclear power plant was engulfed by the 2011 tsunami, triggering a meltdown and one of the world’s worst nuclear disasters. The quake and […]
By Timothy Aeppel and Mai Nguyen American companies from appliance makers to auto parts suppliers have lined up to offer a quiet caution to President-elect Donald Trump as he considers pulling the United States from trade deals: most lost manufacturing jobs aren’t coming back, but higher costs for consumers could. Consider the sneaker industry, one of the first to move to Asia because of the sharply lower […]
21 November 2016 Diyar Al Muharraq, one of the leading urban developers in the Kingdom of Bahrain, proudly announces the launch of the second and final phase of “Al Qamra” freehold residential plots, following the successful sale of the first phase which witnessed tremendous public response to purchase plots due to the project’s flexibility in sizes that cater to the varying housing needs. The company announced that […]
As a casual PC gamer, I always found it challenging to find the perfect PC gaming gear that matches my style. That style consists of simple gear that does the job perfectly and doesn’t put a hole in my wallet. Luckily, I think that’s what Logitech is aiming for with the G403 Prodigy wireless mouse. Design When you see the G403 Prodigy mouse for the first time, […]
Downtown Damascus feels busy and alive, with people boarding vans and buses to get to work as in any other city. But the heavy traffic is partly a result of the security checkpoints that have proliferated. Continue reading the main story We were forbidden to photograph checkpoints, but they are ubiquitous. Our government-required minder alternately castigated, teased and charmed the soldiers and militiamen to speed our passage. […]
The holidays are just around the corner, and along with it comes the time to have to think about what gifts to get for your loved ones. For our readers who are thinking about getting a gift for a friend or family member who is into video games, here are a few suggestions. Pixel Pals Lights (Photo : PDP) Let’s start off with something cute in the […]
