DUBAI // Disability campaigners have hit out at motorists who illegally park in their spaces, after Dubai Police revealed that more than 1,200 offenders have been caught since the start of this year. Wheelchair users criticised the selfish and said careless drivers are making their lives more challenging. One disabled driver said it can take an hour to find a space if motorists who are not entitled […]
The two most powerful men in the world oil market appeared together in Houston on Tuesday to tell the world that their strategy was on track. In December, Khalid al-Falih and Alexander Novak, the energy ministers of Saudi Arabia and Russia, orchestrated a 24-nation plan to cut oil output in the first half of 2017. This week they spoke to reporters in a hotel conference room at the […]
LOS ANGELES Starbucks Corp on Friday said its business has not been hurt by a social media boycott campaign started in response to the chain’s promise to hire 10,000 refugees globally over the next five years. Starbucks made its Jan. 29 refugee hiring announcement on the heels of President Donald Trump’s first executive order that temporarily banned travel from seven mostly Muslim nations. The move angered some […]
Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders. Up 32 percent since the election of Donald Trump, the S&P 500’s bank index .SPXBK has outpaced the wider market’s gain by roughly 3-to-1. Now, however, a changing dynamic in the bond market […]
Bird flu has reared its ugly head not only in China but also in the U.S. and as fears of an epidemic escalate, measures are being taken all over the world to control the outbreak. The latest victim of the Avian Flu scare is the Schoenbrunn Zoo in Vienna, Austria, which has administered euthanasia on a flock of 20 Dalmatian pelicans after the bird flu virus was found in […]
When Rex Tillerson visits Japan and South Korea next week, the new US secretary of state will not escape the whispers back home: the former ExxonMobil chief executive has been all but invisible since arriving in Washington. In his first weeks as the top US diplomat, the Texan has been conspicuously low-profile. His silence has fuelled concerns that President Donald Trump intends to downgrade diplomacy — and […]
Dubai, UAE, 9 March 2017: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has been awarded with “Best Sukuk House” at the EMEA Finance Middle East Banking Awards 2016. The ninth edition of the EMEA Finance Middle East Banking Awards took place at the Conrad Hotel in Dubai recently, and celebrated the regional banking industry’s top achievers. Dubai Islamic Bank is an international leader […]
The SEC just issued their ruling on the Winkelevoss bitcoin ETF, and it wasn’t good news for enthusiasts of the digital currency. Regulators rejected the proposed application, mainly because of the lack of regulation currently surrounding bitcoin. An approval would have meant that the public could invest in bitcoin simply by purchasing shares in the ETF, which would trade on a U.S-based stock exchange. The assumption was that an […]
By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks rose on Friday after a solid jobs report pointed to strength in the domestic economy and supported expectations the Federal Reserve will raise interest rates next week. Indexes ended lower for the week, however, with the S&P 500 and Nasdaq breaking a six-week streak of gains. Government data showed 235,000 jobs were added in the public and […]
In this May 13, 2015, file photo, Google’s new self-driving prototype car is introduced at the Google campus in Mountain View, Calif. Cars with no steering wheel, no pedals and nobody at all inside could be driving themselves on California roads by the end of 2017, under proposed new rules that would give a powerful boost to the technology from the nation’s most populous state. (AP Photo/Tony […]
A wanted man has been killed in Saudi Arabia’s oil-producing Eastern province after an exchange of gunfire while police were searching a neighbourhood where he was hiding, state news agency SPA reported on Friday. The man, Mustafa Ali Abdullah al-Madad, was wanted by security forces for his involvement in “a number of terror crimes against the citizens and security personnel”. He was killed in the governorate of […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. Nonfarm payrolls increased by 235,000 jobs last month as the construction sector recorded its largest gain in nearly 10 years due to unseasonably warm weather, the […]
Forget about a normal selfie. 2017 might just be the year of the lumy. For those unfamiliar with the term, a “lumy” is a photo or video that features an effect from the increasingly popular app Lumyer. Lumyer is an augmented reality app that allows users to add fun effects to their photos or videos to bring them to life. These lumys can then be shared on different […]
Since the dawn of cloud computing, one theme has been a constant: the idea that demand can be dynamic and elastic, that you pay only for the resources you use, and that the service is delivered on demand. But does cloud computing today live up to that promise? Recent developments show that there may be a different way to satisfy that expectation. Serverless computing exposed Going back […]
Like millions of young readers around the world, Chinese children have grown up with popular titles such as Roald Dahl’s Fantastic Mr Fox and the Harry Potter series. But Beijing is now introducing new measures to restrict access to foreign books and publications as it opens a new front in its battle to limit outside influence on Chinese society. Regulators have given verbal instructions to publishers to […]
Risky US corporate bond funds suffered the largest weekly redemptions since the US election in November, as oil prices settled at their lowest level since December and benchmark stock indices slipped from record highs. The high-yield corporate bond asset class, which is comprised of speculative-rated groups judged more likely to default than their investment-grade peers, recorded outflows of roughly $2.8bn in the week to March 8, according […]
Think to log in, please. Credit: Syda Productions/Shutterstock Biometrics – technology that can recognise individuals based on physical and behavioural traits such as their faces, voices or fingerprints – are becoming increasingly important to combat financial fraud and security threats. This is because traditional approaches, such as those based on PIN numbers or passwords, are proving too easily compromised. For example, Barclays has introduced TouchID, whereby customers […]
SecuritySpy is a very full-featured program that can support a wide range of camera types. Back in 2013, I showed how to build an Internet-centric, mobile-enabled video surveillance system using HD video transmitted over in-wall power lines. The system was based on Logitech’s Alert product line. Sadly, Logitech killed that product line a few years ago, leaving owners struggling to maintain their systems. More great project ideas […]
A couple travelling the world on a Vespa scooter have been taking in the sights of the UAE on the latest leg of their trip. Italian Paolo Zambon and Canadian Lindsay Doig have clocked up more than 60,000km on the two-wheeler on their on-off journey, which has taken them to 12 countries as far afield as Italy and Australia. The couple, who live in Vancouver, have been […]
© James Ferguson During the four-year battle for Aleppo, the world was flooded with images of the toll it took on the civilians trapped between the Syrian regime and opposition militias. As the siege tightened, the ancient city was dubbed Syria’s Stalingrad, enduring relentless street fighting, indiscriminate barrel bombings and deadly “triple-taps” — that killed civilians, killed those who came to rescue the wounded, and finally destroyed […]
The report from January was one of hundreds that Mr. Abdul Kareem has made inside Syria in recent years, building his reputation as a unique voice covering the war from rebel-held areas that other Western journalists have fled for fear of kidnapping and beheading by jihadists. Continue reading the main story Along the way, Mr. Abdul Kareem has interviewed foreign fighters from Britain, Saudi Arabia and elsewhere […]
It has been nearly seven years but investors are finally beginning to focus on the prospect of a tightening in monetary policy for the eurozone. A subtle shift in the signalling from European Central Bank president Mario Draghi this week has pushed up the probability of a December 2017 rate rise to more than 50 per cent from just odds of a tenth at the start of […]
BEIJING/SYDNEY/TAIPEI China said it would “resolutely strike” against the “Dalai Lama clique’s separatist activities” as protesters planned demonstrations in major world cities on Friday to mark the anniversary of a Tibetan uprising against Chinese rule in 1959. The sensitive anniversary coincided with the yearly news conference of Tibet’s delegation to China’s annual meeting of parliament, under way in Beijing. Che Dalha, Tibet’s governor, said the government would […]
Kuala Lumpur, 10 March 2017 Cagamas Berhad (“Cagamas” or “the Company”), the National Mortgage Corporation of Malaysia, announced its RM2.2 billion equivalent dual currency issuance, comprising a 5-year RM2.0 billion Conventional Medium Term Notes (CMTN) which was issued under Cagamas’ existing RM40 billion Medium Term Notes Programme and a 1-year SGD50 million Sukuk. The issuance was issued through the Company’s wholly-owned subsidiary, Cagamas Global Sukuk Berhad under […]
