KABUL // A member of the Kandahar governor’s staff – likely a cook – smuggled explosives hidden in food into a meeting with Emirati diplomats that killed 13 people, including the UAE ambassador, the governor told The National. Hamayoun Azizi was severely injured when the two bombs exploded around three minutes apart inside his residence in January, he said. His account of the attack differs from previous […]
newslide Chris Evans could walk after Captain America 4 Actor Chris Evans says his contract with Marvel Studios will be over once he is done filming Avengers 4. The 35-year-old has a deal with Marvel Studios to play Steve Rogers and his heroic alter ego in two more movies, which will be the two Avengers sequels. But he is free to walk away from the Marvel Cinematic […]
Greek ministers and the country’s bailout monitors were on Tuesday trying to strike a deal on the pension and labour market reforms needed to unlock further financial aid. With the clock ticking down to more than €6bn in debt repayments that Athens must make in July, negotiators say an accord on the main elements of the policy package must be reached soon to stave off the risk […]
Photo A Boeing 737 MAX at Boeing Field in Seattle in January 2016. The company wants to sell up to 60 airliners to Iran. Credit Jason Redmond/Reuters The Boeing Company announced a tentative agreement on Tuesday to sell up to 60 737s to an Iranian airline, a transaction valued at $6 billion that appears very likely to test the Trump administration’s avowed hostility toward Iran. Boeing, the […]
South Africa’s rand tumbled in late trading on Monday after a rating agency cut the country’s coveted investment grade status, leaving President Jacob Zuma’s decision to fire his finance minister responsible for wiping out almost all the currency’s gains for the year. The rand slid to R13.7 against the dollar, taking its drop in the past five days to almost 9 per cent. Having recorded a gain […]
British Prime Minister Theresa May arrived in Saudi Arabia on Tuesday hoping to tap the oil-rich kingdom’s “immense potential” as she looks to secure post-Brexit investment and trade. May landed at a military airport in the Saudi capital, state news agency SPA said, coming from Jordan. Facing criticism at home and calls to raise rights issues with Saudi leaders, May insisted she had no problem talking about […]
RIYADH British Prime Minister Theresa May said on Tuesday she would raise “hard issues” with Saudi Arabia’s leaders during her visit, as critics urged her to pressure Riyadh over its war in Yemen and human rights record. May was expected to explore ways of boosting trade ties with the kingdom during her two-day visit, her second to a Gulf Arab state since Britain decided to leave the […]
Photo Rifaat al-Assad in Paris in 2011. A Spanish judge ordered the seizure of numerous properties associated with him or his family. Credit Michel Euler/Associated Press LONDON — Rifaat al-Assad, an uncle of President Bashar al-Assad of Syria, was named on Tuesday in a European money laundering investigation. A Spanish judge, José de la Mata Amaya, ordered the seizure of properties in Spain that are controlled by […]
Here is a selection of five charts that FT Markets believes are important signals for investors as the second quarter begins. 1. US equities How expensive does the US equity market look? This is perhaps the biggest question facing money managers. The answer is “very”, based on the S&P 500’s 12-month forward price-to-earnings ratio, divided by the current low level of Vix, or implied volatility, as the […]
SEATTLE Bertha, one of the world’s largest boring machines, will cut through a thick concrete wall at midday on Tuesday if all goes according to plan, completing the most difficult phase of building a highway under the heart of downtown Seattle. Reaching open air through 5 feet (1.5 m) of concrete is a major step in one of the most ambitious American municipal projects in recent years. […]
JOHANNESBURG President Jacob Zuma said South Africa’s fiscal policies will not change and that people should remain calm after its credit rating was cut to junk following a political reshuffle that he defended as bringing new blood into the cabinet. But moments later, the ANC-allied Cosatu, South Africa’s largest trade union, said Zuma must step down after his change of finance ministers triggered the credit rating downgrade. […]
A company in Sweden is tapping on a relatively new technology to give their employees the ability to do things with just a wave of the hand. The technology also has the potential to track what employees do. Swedish company Epicenter offers to implant its workers with microchip the size of a grain of rice. Injecting the microchip that functions as swipe card for opening doors and […]
A day after an explosion ripped through St Petersburg’s metro system killing at least 14 people, authorities in the former Soviet republic of Kyrgyzstan identified a suspect in the attack as a Kyrgyz-born Russian citizen. There were conflicting reports as to whether the suspect was a suicide bomber or whether he had fled the scene. Citing an unnamed official at Kyrgyzstan’s national security committee, the Russian news […]
For traders trying to decipher if Opec’s output cuts are finally tightening the oil market, the evidence may lie out at sea. Data provided to the Financial Times show that crude oil being shipped over the oceans or stored on supertankers has dropped by as much as 16 per cent since the beginning of the year, in a signal that supplies could be dropping faster than many […]
BAGHDAD: US President Donald Trump’s son-in-law Jared Kushner visited Iraq on Monday with the top US military officer to meet Iraqi leaders and review the fight against Daesh, officials said.The visit comes as Iraqi forces battle to retake Mosul from Daesh with support from US-led air strikes that have recently been criticized for causing civilian deaths in the city’s west.Gen. Joseph Dunford, chairman of the joint chiefs […]
KINSHASA, Congo — On Oct. 4, 2016, Etienne Tshisekedi made his final address to a crowd gathered in the courtyard of his party’s headquarters. The longtime leader of the Democratic Republic of the Congo’s opposition was visibly frail, and the speech, slow and hesitant, lasted only three minutes. But the old man still managed to rev up his followers, many of whom strained to hear from the […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian shares inched lower on Tuesday as caution reigned ahead of a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping later this week. The dollar lost ground after investors sold stocks overnight and looked to safe havens as political uncertainty overshadowed positive U.S. economic data and solid growth in global manufacturing. European markets were also […]
CIUDAD JUAREZ, Mexico A Mexican newspaper in the border city of Ciudad Juarez is shutting down due to the risk of violence after a string of killings of reporters around the country, the paper’s owner said on Monday. “Norte” ran a headline that said “Adios” on the front page of its Sunday edition and its owner, Oscar Cantu, explained in a letter he was shutting the newspaper […]
Imagination Technologies lost more than half its market value in a single day this week when the chip designer revealed that Apple, its largest customer, was developing its own version of the graphical processing units in which the UK-based group has specialised. Apple’s initiative to make a GPU, however, should not have come as such as surprise to investors. It follows several months of intensive recruitment by […]
April 4, 2017 by: Hudson Lockett in Hong Kong Tuesday 06.00 BST Overview Asian bonds rallied on Tuesday and yield on US Treasuries dipped to a five-week low ahead of key US events later in the week, while sentiment on South Africa’s rand soured further after S&P downgraded the country’s credit rating. Hot topic The yield, which moves inversely to price, on 10-year US Treasuries rose 1 […]
By Jane Wardell | WELLINGTON WELLINGTON The tail-end of powerful Cyclone Debbie, which left a trail of destruction in northeast Australia, lashed New Zealand on Tuesday, closing highways and causing a major landslip. The storm hit parts of New Zealand still recovering from a devastating earthquake last November and the New Zealand Met office warned of several days of heavy rain, with some regions set to receive […]
One year ago today a group of more than 300 journalists in 79 countries sent a powerful message to the corrupt: you can no longer hide. The publication of the Panama Papers on 3 April 2016 was a shot heard around the world against corruption. Suddenly one of the most closely held secrets of the biggest criminals was revealed – where and how they hide their money. […]
SEOUL South Korea’s Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) have slashed vehicle production in China, people familiar with the matter told Reuters, amid diplomatic tensions and competition from local brands. China, the world’s biggest auto market, accounted for over a quarter of the pair’s 2016 overseas sales but their March sales there were hit by anti-Korean sentiment and competition from local automakers like Geely […]
Dallas Mayor Mike Rawlings has finally reached his maximum willingness to throw taxpayer dollars at the Dallas Police and Fire Pension (DPFP) system and has pulled is support for a bill that, if it passes, will undoubtedly prove to be yet another futile effort to save the system from insolvency. Despite support for the original legislation introduced by Dan Flynn, chair of the pensions committee in the […]
