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 […]
Under the patronage of Prime Minister and Minister of the Interior, His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, QDB will officially open 2nd Government Procurement & Contracting Conference and Exhibition – Moushtarayat 2017 – to the public from 6 to 8 April 2017 The expo is held in partnership with the Ministry of Finance (MoF) National Procurement Awards to recognize big buyers that have contributed […]
By Robin Emmott and Gabriela Baczynska | BRUSSELS BRUSSELS International donors are set to pledge billions more dollars for Syrian refugees at a two-day conference from Tuesday that the European Union says must also help prepare for an eventual end to more than six years of war in Syria. With millions displaced within Syria and in neighbouring countries, the United Nations has appealed for $8 billion this […]
An American of Iranian descent arrested in Iran in July and sentenced to 18 years’ imprisonment on dubious charges has been released on bail after he went on a hunger strike, rights activists reported on Monday. The American, Robin Shahini, who is 46 or 47, was released about two weeks ago, just before the start of Nowruz, the Persian New Year, according to the Center for Human […]
By Michelle Nichols | UNITED NATIONS UNITED NATIONS U.S. Secretary of State Rex Tillerson will chair a United Nations Security Council meeting on North Korea on April 28 to discuss how the body can combat Pyongyang’s banned nuclear and missile programs, U.S. Ambassador Nikki Haley said on Monday. North Korea has been under U.N. sanctions aimed at impeding the development of its nuclear and missile programs since […]
A morale crisis at American International Group Inc could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an analysis on Monday. AIG ranked last through March 21 among 10 insurers rated by their own employees in categories ranging from career opportunities to business outlook, according to a UBS analysis of data from […]
Energy giant Qatar Petroleum is to launch a new project in the world’s biggest gas field, boosting its output by up to 10 percent, it said Monday. The state-owned firm’s chief Saad Al-Kaabi said it was ending a 12-year moratorium on new projects in the North Field, off the Gulf state’s northern coast. “Qatar Petroleum’s technical studies and assessment of the North Field have confirmed the potential […]
By Suleiman Al-Khalidi | AMMAN AMMAN Syrian jets on Monday bombed residential areas in the eastern countryside of Damascus killing and injuring dozens in some of the heaviest bombing raids on the main rebel enclave near the capital in months, residents and activists said. At least 22 people were killed and scores injured after four aerial raids hit a crowded district in the city of Douma, the […]
Tesla, the upstart electric carmaker, surpassed US motor pioneer Ford in market value on Monday, as investors look to a future beyond the internal combustion engine. Shares of Tesla, founded in 2003, rose 7.3 per cent to a market capitalisation of $48.7bn, gliding past the 100-year-old Ford, whose shares fell 1.7 per cent after disappointing March sales results to a market value of $45.3bn. While it is symbolic for […]
That big hug was just what Mr. Sisi’s government sought, said Eric Trager, a scholar on Egypt at the Washington Institute for Near East Policy. “It wants to see the White House legitimate it, and set it on a new course.” Continue reading the main story The scene provided a powerful counterpoint to Mr. Sisi’s many critics, in Egypt and abroad, for whom he is known as […]
The annual Cesco Week gathering for the global copper industry starts Monday in Santiago. For the first time in five years, attendees arriving in the Chilean capital can reflect on a copper price that is higher than at the previous year’s event. However, optimism that 2017 represents a turning point in the market should be tempered by the realisation that any sustained recovery in the copper price […]
OTTAWA Canadian Prime Minister Justin Trudeau faces his first real test with voters on Monday, with five by-elections across the country shaping up as a barometer for the strength of his Liberals since being elected to a shock majority in 2015. The regional votes to elect two members of parliament in Calgary and one member each in Ottawa, Toronto and Montreal are considered safe seats – three […]
ZDNet ST. MAARTEN: The cybercriminals allegedly responsible for an attack on Bangladesh’s central bank which left the country’s wallet millions of dollars lighter is showing “no signs of stopping,” according to security experts. The group, dubbed Lazarus, managed to dupe banking staff into transferring $80 million from the Central Bank of Bangladesh’s New York Federal Reserve account after spending several months studying how the financial institutions communicated […]
Bahrain’s King Hamad on Monday approved a constitutional amendment granting military courts the right to try civilians accused of terrorism, state news agency BNA said. The amendment, approved unanimously by the upper house of parliament last month, drops a clause limiting military trials to members of the armed forces or other security branches. It does not specify what constitutes an act of terrorism. The Sunni-ruled kingdom has […]
By Steve Holland | WASHINGTON WASHINGTON U.S. President Donald Trump moved to reset U.S. relations with Egyptian President Abdel Fattah al-Sisi on Monday after the prior Obama administration’s strained ties, giving him firm backing and vowing to work together to fight Islamic militants. “I just want to let everybody know in case there was any doubt that we are very much behind President Sisi. He’s done a […]
AJMAN // Omani students are still enrolling in Ajman University (AU) two years after Oman removed it from its list of approved tertiary institutions. In March 2015, Oman’s ministry of higher education decided to remove AU from the list after a study reported its graduates’ low employment rate. At the time, 749 Omanis were studying at AU, and more than 10,000 Omanis have graduated from the university […]
Investors face a test of nerve as the second quarter beckons. The rally in US stocks and the dollar sparked by the election of Donald Trump is looking stretched, amid doubts about the president’s ability to deliver fiscal stimulus for the economy that can justify lofty equity valuations. The shifting mood has spurred money into emerging markets and European stocks, with EM currencies enjoying a stellar March […]
You need Javascript and either Adobe Flash or Html5 to view this video. You need Javascript and either Adobe Flash or Html5 to view this video. Video: Matthew Mirabelli Konrad Mizzi is refusing to reply to any more questions on his involvement in the Panama Papers, saying that he has now exhausted all questions on the matter. Following a press conference on a new joint venture with […]
