BERLIN Germany’s population grew by some 600,000 last year to reach a record high of 82.8 million people due to the number of migrants who have arrived in the country, the Federal Statistics office said on Friday. In a preliminary estimate for 2016, the statistics office said the population had eclipsed the previous record high of 82.5 million recorded at the end of 2002, even though the […]
By Vikram Subhedar | LONDON LONDON The dollar extended its recovery against a basket of other currencies on Friday, while banks dragged European shares slightly lower following underwhelming results from Swiss major UBS. The two-day recovery comes after the dollar suffered a 4 percent drop in the three weeks from Jan. 3 reflecting doubts about how U.S. President Donald Trump’s policies will play out for the currency, […]
The Moto Z Play is apparently getting a software treat in Europe, as the Android 7.0 Nougat update has started rolling out. Previous rumors indicated as much, with reports from earlier this month claiming that the Moto Z Play would get a taste of Nougat in late January. It now looks like those reports were spot on and as we’re approaching the end of the month, the update […]
UBS finished a tough 2016 on an upbeat note, with an unexpectedly strong increase in fourth-quarter profits, and has predicted improved US investor confidence would this year boost its wealth management businesses. However, Sergio Ermotti, chief executive, warned the more positive US trends were not mirrored globally, and UBS’s shares fell 1.2 per cent in early trading as analysts raised concerns about unexpected fourth-quarter outflows of clients’ […]
Friday 08:25 GMT Overview The US dollar is in the ascendancy as the currency once again benefits from hopes for a stronger US economy — optimism that also has helped push Wall Street to record levels. European bourses are mixed after a holiday-thinned Asian session. Commodities are muddled, with oil firmer but gold on the back foot. Hot topic The US dollar is in focus as it […]
Sitting in his spacious office in Doha’s West Bay, free from the entourage of assistants usually attached to CEOs of large, government-backed organisations, Rashid Bin Ali Al Mansoori appears relaxed and unhurried. He even responds, “How much time would you like?” when asked to confirm the length of our meeting. Al Mansoori, who has served as CEO of Qatar Stock Exchange (QSE) since 2012, is frank about […]
The Doomsday Clock, an imaginary timepiece representing humanity’s proximity to apocalyptic destruction, has been reset to show that mankind is now just two and a half minutes away from doomsday. Humanity Moves 30 Seconds Closer To Global Catastrophe On Thursday, Jan. 26, the Bulletin of the Atomic Scientists, the group of scientists that maintain the Doomsday Clock, moved the clock’s minute hand 30 seconds closer to midnight, […]
Vijay Mallya has denied that he fled India leaving behind $1.3bn of unpaid loans, after Indian authorities this week charged the billionaire industrialist with criminal conspiracy, dishonesty and corruption in an effort to secure his extradition from the UK. In a series of tweets late on Thursday night, Mr Mallya said that there was “no final judicial determination on what Kingfisher Airlines owes to banks and what […]
All three of President Donald Trump’s likely nominees to the U.S. Supreme Court appear to be millionaires, just like the majority of their potential colleagues already on the nation’s highest court and many of Trump’s other picks for senior positions. Those reportedly on Trump’s short list to fill a vacancy created by the death of Justice Antonin Scalia are all federal appellate judges: Judge Neil Gorsuch of […]
BEIRUT: The Trump administration’s expressed interest in setting up safe zones for civilians in Syria was greeted Thursday with caution by Russia and Turkey, who have taken the lead in the latest peace efforts to end the Mideast country’s devastating six-year war.Turkey said it had always supported the idea, but both Ankara and Moscow said such plans would require careful consideration while a senior European Union official […]
January 26, 2017 by: Adam Samson and Mamta Badkar in New York The Dow Jones industrial and transportation averages on Thursday both closed at new highs in a bullish signal for one of Wall Street’s oldest investment theories. The two US equity benchmarks, which date back to the 19th century, have not recorded highs one after another since December, after which the duo began to diverge as the Trump […]
If only a portion of Saudi Arabia’s National Transformation Programme is implemented, there will be dramatic change, one of the kingdom’s most influential lawyers assures. “If we can cover 50 percent of what is the aspiration in the Vision 2030, the kingdom will be doing much better,” the Saudi country director of international law firm White & Case, Doug Peel, says. “My view is that it’s a […]
The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, while losses in tech stocks weighed on the S&P 500 and the Nasdaq Composite indexes. The S&P technology index’s .SPLRCT 0.47 fall led the decliners, weighed down by Qualcomm (QCOM.O) and Alphabet (GOOGL.O). Qualcomm fell 5.1 percent to $54.04 after the chipmaker reported a lower-than-expected rise in quarterly revenue. […]
Will Colorado’s loss be Abu Dhabi’s gain? In a headline-grabbing statement announced yesterday, the Bulgarian-born artist Christo Javacheff called time on his 24-year-long attempt to create Over the River, the installation he devised with his wife and career-long collaborator Jean-Claude for a 42-mile-long stretch of the Arkansas River between Cañon City and Salida. “After pursuing Over The River, Project for the Arkansas River, State of Colorado, for […]
By Muyu Xu and Ryan Woo | BEIJING BEIJING As millions in China head home to celebrate the Lunar New Year holiday with their families, 24-year-old Luoluo is busy answering messages on a mobile app from desperate men looking to hire an instant girlfriend whom they can present to mom and dad. On visits home during the holiday, which kicks off on Friday, single people are often […]
|By Matein Khalid| The election of a Manhattan property developer and (failed) casino owner as President of the United State has not been positive for most American real estate investment trusts (REIT’s). The sharp rise in US interest rates since the election and the Federal Reserve’s vigilance against inflation risk hits this classic “bond proxy” sector, with its reliance on leverage to boost investor returns. In addition, […]
|By Arabian Post Staff| UAE telecom revenue reached Dh31.9 billion in 2015, according to the country’s Telecommunication Regulatory Authority’s (TRA). Mobile revenue decreased 8.57 per cent to Dh23.34 billion in 2015 from Dh25.53 billion in 2014. UAE residents spent 31.49 billion minutes using mobile phones in 2015, up from 28.70 billion minutes in 2014. Mobile phone subscriber base reached 17.94 million in the UAE while fixed telephone […]
For Wideman, who spent much of his working life in places like Wyoming and Western Massachusetts and rural Maine, this solitude has been further compounded by cold mathematics. Not only is mainstream publishing overwhelmingly white, it is also nearly bereft of black writers like him: American men of letters descended from Southern slaves, who position themselves as part of a grand and omnivorous intellectual and artistic tradition. […]
If protectionism is about to be unleashed by Donald Trump on America’s closest trading partners, foreign exchange traders are acknowledging the threat in a funny old way. On Wednesday, when Mr Trump issued an executive order to build a wall on the Mexican border, the peso rallied more than 2 per cent. Since slumping to a record low of 22.03 pesos two weeks ago, the currency has […]
Filipino-American chef Sheldon Simeon has made it as one of the final seven contestants competing on Top Chef, the American reality-television cooking show. Simeon previously appeared on the programme’s 10th season in 2012, finishing in third place among 18 chefs and winning the “Fan Favourite” audience award. The current 14th season features eight returning contestants from previous editions competing against eight new chefs. Raised in Hawaii by […]
By Elaine Lies and Kwiyeon Ha | TOKYO TOKYO A Japanese hotel chain at the centre of a furore over books its president wrote denying the Nanjing Massacre in wartime China is prepared to consider removing the books from at least some hotels if it receives a formal written request to do so. Tokyo-based hotel and real estate developer APA Group came under fire last week for […]
“She’s my toughest opponent,” said Serena Williams, who holds a 16-11 edge in their rivalry. “No one has ever beaten me as much as Venus has. She has a pretty good record against me, and we have a good record against each other. I just feel like, no matter what happens, we’ve won. She’s been through a lot, and I’ve been through a lot. And to see […]
January 26, 2017 by: Eric Platt and Joe Rennison in New York The combination of rebounding commodity prices and hopes for faster US economic growth under Donald Trump is helping some of the riskiest corporate borrowers secure cheaper financing and underlines investors’ growing stomach for risk. An expanding list of companies with a triple-C rating — deep within speculative territory — have been able to lock in […]
NEW DELHI // Thousands braved inclement weather while warmly greeting the chief guest, Sheikh Mohammed bin Zayed, at the Republic Day parade in the Indian capital on Thursday. Despite wet and cold conditions, the 68th edition of the celebrations took place as scheduled in front of Sheikh Mohammed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, Indian president, Pranab Mukherjee, Indian prime […]
