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YANGON The International Committee of the Red Cross has asked Myanmar to let aid workers get access to people caught up in conflicts that have displaced tens of thousands despite a transition that brought Nobel laureate Aung San Suu Kyi to power. Authorities have blocked the ICRC from areas under the control of ethnic minority forces and from visiting some prisoners, the organisation’s president, Peter Maurer, told […]

11 May 2017 The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it achieved a total operating income of US$ 249 million during the first quarter of 2017 and the total financing and investments recorded slight increases at the end of March 2017 compared to end of December 2016. Al Baraka Banking Group has continued during the first quarter of 2017, […]

By Amanda Becker | WASHINGTON WASHINGTON President Donald Trump’s dismissal of Federal Bureau of Investigation Director James Comey has raised questions about the future of the agency’s probe into Russian attempts to sway the 2016 presidential election and possible collusion with Trump’s campaign. Democrats are worried Comey’s firing on Tuesday could jeopardize the ongoing FBI probe and have renewed calls for an independent investigation. Some Republicans have […]

By Douglas Busvine | DHARAMSALA, India DHARAMSALA, India Top U.S. lawmakers delivered a blunt message to China on Wednesday that they would not relent in their campaign to protect human rights in Tibet, calling for legislative and trade steps to press home their point. Nancy Pelosi, leading a bipartisan Congressional delegation to meet the Dalai Lama, vowed to stand by the exiled Tibetan spiritual leader even as […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks rose early on Thursday, getting a lift from a record high close on MSCI’s global stocks benchmark after strong gains in oil prices buoyed energy stocks globally. Oil prices held on to 3 percent-plus overnight gains, their biggest one-day jump since Dec. 1, following a steep drop in U.S. inventories and support from Iraq and Algeria for an extension […]

Chaos ensued Monday night, May 8, at Fort Lauderdale Airport in Florida, as Spirit Airlines canceled multiple flights, leaving hundreds of travelers stranded in Broward County. Irritation escaladed to the point where it gave rise to altercations between angry passengers and staff members. The latter had no choice but to call the police, which intervened to calm the violent brawl and eventually made three arrests. Riot Charges For The […]

An unabashed Donald Trump called for warmer US relations with Russia on Wednesday as his firing of FBI director James Comey sparked pressure from Democrats for an independent probe of his election campaign’s alleged ties to Moscow. Mr Comey’s dismissal shook Washington, igniting the biggest crisis of Mr Trump’s presidency as opponents amplified allegations throughout the day that the president was seeking to frustrate the FBI probe. […]

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Just hours after the Fed’s March “dovish” rate hike, when stocks paradoxically surged to all time highs and yields tumbled, Goldman found something strange: “surprisingly, financial markets took the meeting as a large dovish surprise—the third-largest at an FOMC meeting since 2000 outside the financial crisis, based on the co-movement of different asset prices.” Even more surprising is that according to Goldman, its financial conditions index, “eased […]

By Dustin Volz | WASHINGTON WASHINGTON A U.S. far-right online activist credited with initially sharing on Twitter hacked emails from the French presidential campaign of centrist Emmanuel Macron is the latest conservative media figure to receive White House access from the Trump administration. Jack Posobiec, a Washington-based writer at the Rebel Media, a Canadian online political and social news commentary platform, attended the daily press briefing on […]

With passive investing passing the $4tn mark in April, things aren’t exactly looking up for active asset managers. New product launches and investor inflows mean there are now almost 7,000 exchange-traded products managed by 313 providers and total assets of $4.002tn at the end of April, according to fresh figures from ETFGI, an industry data provider. The relentless flood of money into passive investment vehicles is a […]

By Mark Hosenball and David Shepardson | WASHINGTON WASHINGTON The Trump administration is likely to expand a ban on laptops on commercial aircraft to include some European countries, but is reviewing how to ensure lithium batteries stored in luggage holds do not explode in midair, officials briefed on the matter said on Wednesday. Any expansion of the ban could impact U.S. carriers such as United Airlines (UAL.N), […]

Senators from both sides of the aisle wrote to President Donald Trump on Wednesday urging him to take a tougher line with Beijing in the South China Sea, calling for more U.S. naval patrols to uphold navigation rights in the disputed waterway. The appeal, backed by three Republicans and four Democrats, reflects growing concern in Congress that the Trump administration could be ceding strategic ground to China […]

Snap fell short of Wall Street’s expectations in its first quarterly results as a public company, sending its shares tumbling by almost a quarter in value in after-hours trading to hit a new low. The maker of the Snapchat app reported revenue growth of 286 per cent to $149.6m but analysts had been expecting almost $10m more than that. Losses were also wider than forecasts. Daily active […]

The lead characters are a Norwegian couple who had Middle East experience and thought they might be able to broker an agreement. This was high-octane audacity. Yet the two of them — Terje Rod-Larsen, a social scientist, and his wife, Mona Juul, an official in Norway’s foreign ministry — pulled it off. Continue reading the main story The play’s Mr. Larsen, portrayed by Jefferson Mays, seems a […]

PARIS Several French news companies, including Le Monde and Le Figaro, said their websites went temporarily offline on Wednesday because a company that helps speed delivery of their content was hit by a cyber attack. The company, Cedexis, said it had come under a “unique and sophisticated” distributed denial of service attack, which is when hijacked and virus-infected computers target networks with data requests until they can […]

Three women from London, including a mother and daughter, were charged on Wednesday with preparation of a terrorist act and conspiracy to murder, police said. Khawla Barghouthi, 20, of northwest London, Rizlaine Boular, 21, of central London, and her mother Mina Dich, 43, of southwest London, are due to appear at Westminster Magistrates’ Court on Thursday, the Metropolitan Police said. The three were arrested last month. Britain […]

By David Morgan and Patricia Zengerle | WASHINGTON WASHINGTON U.S. President Donald Trump defended his firing of FBI Director James Comey on Wednesday as Democrats intensified accusations that the ouster was intended to undermine an agency probe into his presidential campaign’s possible collusion with Russia to sway the 2016 election. The Republican president’s abrupt move on Tuesday stunned Washington and was swiftly condemned by Democrats and by […]

BEIRUT: A top Syrian Kurdish official on Wednesday welcomed the US decision to arm Kurdish fighters with heavier weapons, saying it would “legitimize” the force as it prepares to march on Raqqa, the de facto capital of the Daesh group.But Turkey’s Deputy Prime Minister Nurettin Canikli said the decision, announced by the Trump administration Tuesday, was “unacceptable.”The US said it would provide heavier arms to the Kurdish-led […]

DUBAI // Abdualah Mohammed Al Soori has never let his muscular dystrophy get in the way of achieving his dream of becoming a published author. The Emirati, who has suffered from the disorder since the age of 7, has written several books of short stories and writes a column for Al Roya newspaper. He said people with special needs have an important role to play in society […]

ZURICH Switzerland will curb Bulgarian and Romanian citizens’ access to its labour market for the next 12 months, the government said on Wednesday, amid increased migration from those countries after limits were lifted last June. The Swiss cabinet, whose struggle with immigration from the European Union intensified after a 2014 referendum in which the public demanded that quotas be imposed, will cap the number of five-year residence […]

Oil prices extended their gains after a report showed US crude stockpiles fell by the biggest margin since December and were down for the fifth straight week. Inventories of US crude fell by 5.25m barrels in the week ended May 5, according to the Energy Information Administration. That topped forecasts for a draw of 1.9m barrels. This was the largest streak of back-to-back declines in US oil […]

CERN is stepping up the game in the field of nuclear research. The European physics research center inaugurated its newest particle accelerator, Linac 4, during a May 9 ceremony in the Swiss city of Geneva. This latest acquisition marks the first step of an extensive hardware upgrade, which aims to gather even more data from the Large Hadron Collider or LHC — CERN’s 17-mile-long circular accelerator, which scientists […]

ISLAMABAD: The multi-agency joint investigation team (JIT), constituted to probe allegations against the prime minister and his children stemming from the Panama Papers, held another meeting in the Federal Judicial Academy here on Tuesday. Sources said that the team examined the detailed judgement issued by the Supreme Court in the Panama Papers case on April 20. As per the verdict, the JIT comprises officials of the Federal […]

ABU DHABI // Experts have called for more police presence, the use of new technologies and effective publicity campaigns to reduce speed-related crashes on the country’s roads. The Fourth UN Global Road Safety Week, which will run until May 14 and has the theme Save Lives #SlowDown, focuses on managing speed and what can be done to address this key risk factor in road traffic deaths and […]

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