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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum , Crown Prince of Dubai and chairman of the Executive Council, on Wednesday approved the new maternity leave policy for Dubai Government employees. The policy extends maternity leave to three months paid leave, effective from March 1 and covers all governmental entities, a statement said. The amendment to the maternity leave aims to extend the compulsory fully paid maternity […]

China cut its holdings of US Treasuries by $66bn in November, reducing its position in the safe-haven debt to the lowest level since 2010 as the country battles to stabilise its currency. The acceleration in sales — the largest monthly decline since December 2011 — threatens a rise in US interest rates if it continues and follows an unwinding in October that saw China cede its position […]

By Lisa Richwine and Anya George Tharakan Streaming video pioneer Netflix Inc added over a third more subscribers than expected in the last quarter of 2016, a sign of success for its ambitious global expansion that sent its shares up 8 percent in extended trading. Netflix signed up 7.1 million new subscribers globally, far more than the 5.2 million analysts had expected, according to research firm FactSet, […]

Senegalese troops were massed last night on the Gambian border, preparing for a possible invasion if Yahya Jammeh, Gambia’s president, refused to step down by midnight. Minutes after midnight, the official end of his term in office, there was no word from Mr Jammeh. As the clock ticked down on Mr Jammeh’s term, diplomatic efforts to persuade him to go had continued. Mohamed Ould Abdel Aziz, Mauritania’s […]

Photo Tim Raines debuted on the ballot in 2008 with just 24.3 percent support from the writers, but that rose to 86 percent this year — his final time on the writers’ ballot. Credit Otto Greule Jr./Getty Images The Baseball Hall of Fame announced three new members on Wednesday, opening its doors to Jeff Bagwell, Tim Raines and Ivan Rodriguez. Bagwell, a slugging first baseman for the […]

The artist behind the iconic “Hope” poster of Barack Obama that became synonymous with his successful presidential campaign has released a new set of images, just in time for Trump’s inauguration and the subsequent Women’s March. Artist Shepard Fairey, who created the original in 2008 as well as a less flattering Donald Trump print complete with the caption “Demagogue,” has shifted his focus this time round. Now […]

WASHINGTON The U.S. Senate Armed Services Committee voted overwhelmingly on Wednesday to recommend President-elect Donald Trump’s pick for Secretary of Defense, retired Marine General James Mattis. The committee voted 26-1 to back Mattis’ nomination when it is received by the full Senate from Trump after he is sworn in as president. As a result, Mattis’ nomination will be sent directly to the Senate for a vote without […]

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Via ConvergEx’s Nicholas Colas, Want to know why US stocks feel so fragile?  Perhaps we can blame Wall Street analysts.  Even after two months of market buzz about lower taxes, infrastructure spending and less regulation juicing investor expectations for better earnings growth, they refuse to bump their revenue or earnings estimates for 2017.     Our monthly look at revenue expectations for the companies of the Dow […]

The sole Republican commissioner at the main US derivatives regulator has thrown his hat in the ring to be appointed the next chairman, even as he embraced aspects of financial reforms that Donald Trump’s team wants dismantled. Christopher Giancarlo, of the Commodity Futures Trading Commission, is set to assume the job of acting chairman after Mr Trump’s presidential inauguration on Friday, replacing Tim Massad, the sitting Democratic […]

MLADA BOLESLAV, Czech Republic A Czech performer of bubble art surrounded 275 high school students and a car with a single soap-bubble screen on Wednesday, breaking the national record. Matej Kodes raised the screen around a rectangular 11 metre-by-7.5 meter area, enclosing those inside for a few seconds. Participants had to be taller than 156 centimeters (5 ft 1 inch) to fulfill the conditions for the event, […]

By Mubasher Bukhari | LAHORE, Pakistan LAHORE, Pakistan Pakistani security forces said on Wednesday they had killed the leader of the banned Sunni Muslim militant group Lashkar-e-Jhangvi (LeJ) along with three other militants accused of killing hundreds of civilians. The Counter Terrorism Department of the eastern province of Punjab said its forces had killed Asif Chotoo and his comrades during a shootout in the city of Sheikhupura […]

SEOUL A South Korean court on Thursday dismissed a warrant to arrest the head of the Samsung Group, the country’s largest conglomerate, a court spokesman said, amid a graft scandal that led to the impeachment of President Park Geun-hye. The decision by the Seoul Central District Court to allow Jay Y. Lee to go home is likely to come as a major relief to the company and […]

iOS users face a new cyber threat. iPhones, iPad or iPod running on iOS version 10 to 10.2.1 can be frozen and crashed by sending a simple text message consisting of three emojis – a white flag (a VS16 character), the numeral zero and a rainbow flag. The Threat The text message causes the iPhone to freeze and restart after a period of three minutes or more. After […]

By Philip Pullella | ROME ROME A series of strong earthquakes hit snowbound central Italy on Wednesday, a region devastated by deadly tremors last year, killing one man and forcing schools and rail links to close. Four quakes of magnitude 5.2 and higher struck near the hill town of Amatrice, some 100 km (60 miles) northeast of Rome, in the space of four hours. Much of the […]

US financial stocks have come under pressure since the start the year, denting a sharp rise that began after the election, in the latest sign that the Trump trade has begun to run out of steam. The S&P 500 financial sector has fallen 1.1 per cent since the end of 2016, bucking the broader index that has risen by 1.4 per cent. While the financial index was […]

There has been a lot of discussion about Twitter lately, most of it negative—it can’t make money on advertising, growth is down, and online bullies remain a problem. Meanwhile, Donald Trump tweets daily; more every day since the election. This alone, you’d think, would draw more attention to Twitter and make it more popular. Twitter actually does over $2.5 billion in revenue, but tech companies […]

China’s currency was softer after its central bank fixed the renminbi’s trading band at its strongest level in two months in the wake of the dollar’s Tuesday fall against a host of major currencies. The onshore renminbi gained 0.8 per cent against the dollar at the close of trading yesterday as President-elect Donald Trump questioned the value of the dollar, but had weakened 0.3 per cent in […]

Jan 18, 2017 10:58 am IST A familiar Indian political saga played out in the country this month, as two factions of a party squabbled over what emblem to identify themselves with for upcoming state elections. In a democracy of over 1.2 billion people, many of whom are still illiterate and identify their choice on the ballot paper by the symbol adopted by the party, the answer […]

Former U.S. President George H.W. Bush has been hospitalized in Houston, CBS Houston affiliate KHOU television reported on Wednesday, citing his office chief of staff. Bush, 92, was in stable condition and “doing fine,” Jean Becker told the television station. Bush is expected to go home in a couple of days, Becker told KHOU. Reuters was not immediately able to reach the family spokesman Jim McGrath or […]

By Patricia Zengerle | WASHINGTON WASHINGTON Donald Trump’s pick for U.N. ambassador will echo his condemnation of the world body’s treatment of Israel at her Senate confirmation hearing on Wednesday, although offering some praise for an organization the president-elect has disparaged. Nikki Haley, a rising star in the Republican Party, will face tough questioning from the Senate Foreign Relations Committee about her lack of experience in foreign […]

The Free Software Foundation (FSF) has declared that Flash is no longer a priority, as the foundation will instead emphasise the need for a free mobile operating system, cloud replacement, Siri-like personal assistant, and Skype replacement. In its updated High Priority Free Software Projects list, the FSF said users need a free software intelligent assistant replacement to maintain control of their data. “Apple’s Siri, Google Now, Cortana, […]

By Tom Westbrook | SYDNEY SYDNEY The Australian government said on Wednesday it was not ruling out a future underwater search for a missing Malaysia Airlines passenger jet as families of those on board criticised the decision to suspend the hunt after three fruitless years. The location of Flight MH370 has become one of the world’s greatest aviation mysteries since the plane, a Boeing 777, disappeared in […]

This week, BuzzFeed roiled the media world when editors published a 35-page dossier containing explosive and unverified accusations against President-elect Donald Trump. Shortly after, Trump blasted BuzzFeed in his first press conference since the election, calling the company “a failing pile of garbage.” But does he have grounds to take his grievance from the briefing room to the courtroom? Legal experts say he’d have a tough case. […]

Multiple agencies with little accountability The reports to Congress specifically delineate those participants in the International Military Education and Training (IMET) program tagged in the State Department’s annual human rights reporting effort as having problematic behavior. As the main program that brings foreigners to the United States to attend U.S. military schools at Washington’s expense, IMET is now offered to select military and police officers in more […]

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