VIENNA The head of Austria’s far-right Freedom Party, Heinz-Christian Strache, has said he will travel to Washington for meetings “on the sidelines of” the inauguration of President-elect Donald Trump, though he did not specify who. In a statement on his Facebook page, the head of the anti-immigration Freedom Party (FPO) did not say whether he would attend the inauguration ceremony on Jan. 20, but did state he […]
Oracle CEO Mark Hurd said the movement to cloud computing is driven by business realities as much — if not more — than technology. Speaking at his keynote at Oracle CloudWorld in New York, a regional tour designed to land cloud customers, Hurd said the global gross domestic product is growing at about a 2 percent clip. Half of the growth in the world is coming from […]
A senior member of Donald Trump’s team insisted that the president-elect was committed to globalisation, open trade and Nato despite recent comments that unsettled America’s allies. Anthony Scaramucci, Mr Trump’s newly appointed public liaison official, told the World Economic Forum in Davos on Tuesday that the European and American elite had misunderstood Mr Trump and would change their views when he took office. In particular, he argued […]
Speaking of Kushner, I was told he refused to meet with a senior French diplomat after a demand from Trump Tower that the Paris conference be canceled was ignored. Get used to my-way-or-the-highway diplomacy with team Trump. U.N. resolution 2334 infuriated Prime Minister Benjamin Netanyahu of Israel, who called it “shameful.” He seemed surprised that ignoring Obama’s veto of an earlier settlements resolution in 2011 would have […]
Theresa May’s first big speech on Brexit since she became prime minister removed some of the political uncertainty that has dogged the pound. However, the messiness of the politics of Britain’s exit from the EU still tops the lost of reasons why sterling will remain under pressure. A list of the pound’s pros and cons quickly shows why it is languishing at levels last seen in the […]
Three years ago, The New York Times published its innovation report, an unsparing assessment of the newsroom’s many weaknesses. Nearly 100 pages long and full of words like “worrying,” “shrinking” and “upheaval,” the report described a New York Times that was in a digital standstill while competitors like BuzzFeed, Vox Media and The Washington Post were racing ahead. Today, The New York Times released the results of […]
By Stephen Kalin | DEBAGA, Iraq DEBAGA, Iraq While fleeing Islamic State rule in northern Iraq three months ago, Laila saw two of her daughters die in front of her. Crippled by grief and the trauma of that night, she now struggles to walk and hardly eats. Running under the cover of darkness after more than two years under the jihadists’ harsh rule in Shirqat town, south […]
TOKYO Nearly six years after Noriko Matsumoto and her children fled Japan’s Fukushima region, fearing for their health after the worst nuclear disaster since Chernobyl, they confront a new potential hardship – the slashing of vital housing subsidies. Matsumoto is among nearly 27,000 people who left areas not designated as mandatory evacuation zones, spooked by high levels of radiation after nuclear meltdowns unleashed by a powerful […]
BOSTON JPMorgan Chase & Co Chief Executive Jamie Dimon has been no fan of Institutional Shareholder Services and once called investors “lazy” if they cast votes in corporate elections based on recommendations from the leading proxy adviser or its rival. But JPMorgan itself turns out to be a close follower of ISS, at least when it comes to proxy votes on pay, new data show. JPMorgan (JPM.N) […]
Blume was working on a letter to a man who was angry about being profiled by the police in his community. She showed me some of Obama’s handwritten comments in the margins. He had underlined sentences and added exclamation points; the words he wrote were sparse, but Blume understood the code. “See?” she said. “You can break down the sections of his thoughts: I’m mad, too. My […]
PARIS In May last year, then French Economy Minister Emmanuel Macron sat down with Socialist lawmaker Christophe Sirugue in the steel town of Le Creusot and asked him to join his new political movement. He said No. Eight months on, others are saying Yes. A political outsider who has never run for office and hopes to transcend the classic Left-Right divide, Macron suddenly seems to have a […]
17 January 2017 Doha, Qatar – The Qatar Financial Centre Regulatory Authority (“QFC Regulatory Authority”) has been approved as a full signatory to the International Organisation of Securities Commissions (“IOSCO”) Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (“MMoU). The approval of the QFC Regulatory Authority as a signatory to the IOSCO MMoU comes after a rigorous screening process of the applicant’s […]
Supreme Court has adjourned the hearing of Panama case till tomorrow [Tuesday]. Shahid Hamid, the counsel of Maryam Nawaz, submitted reply of his client before the court today containing details of assets and taxes paid by her on agriculture and non agriculture income. The reply says that Maryam Nawaz is not dependent on her father since her marriage. The counsel said that the spouse of Maryam Nawaz also […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil dipped on Tuesday on lingering concerns over global fuel oversupply due to rising U.S. output and doubts that OPEC and other producers would adhere to commitments to cut output in an effort to balance markets and prop up prices. Brent crude futures, the international benchmark for oil prices, were at $55.55 per barrel at 0643 GMT, down 31 cents from […]
Photo Celebrations erupted in the courtroom when the verdict was announced. Credit Mohamed El-Shahed/Agence France-Presse — Getty Images CAIRO — An Egyptian court on Monday upheld a ruling that said the government cannot transfer control of two key Red Sea islands to its main financial backer, Saudi Arabia, deepening a rift between the two Middle Eastern countries. The alliance between Egypt and Saudi Arabia, two of the […]
The US dollar is weakening this morning after comments from president-elect Donald Trump that the greenback was “too strong” against the Chinese currency. “Our companies can’t compete with them [Chinese companies] now because our currency is too strong. And it’s killing us”, Mr Trump told the Wall Street Journal. His comments have helped soften the dollar index, which measures the greenback against a basket of its major […]
By Tom Westbrook and Jonathan Barrett | SYDNEY SYDNEY The deep-sea search for missing Malaysia Airlines flight MH370 ended on Tuesday without any trace being found of the plane that vanished in 2014 with 239 people on board, the three countries involved in the search said. The location of Flight MH370 has become one of the world’s greatest aviation mysteries since the plane disappeared en route to […]
Bahrain’s foreign ministry summoned Iraq’s ambassador in Manama to protest against remarks by Iraqi officials denouncing the execution of men convicted of a 2014 bomb attack, state news agency BNA said on Monday. The execution on Sunday of three men, whose attack killed three policemen, has drawn condemnation from rights groups. Iran called it a “reckless” act. British Foreign Secretary Boris Johnson said Britain opposes the death […]
MANILA Philippines President Rodrigo Duterte will meet on Tuesday with China’s Vice Foreign Minister Liu Zhenmin, the most high-profile Chinese visitor since he took power last year and launched surprise moves to engage with historic rival Beijing. Duterte will meet Liu late in the day in what presidential spokesman Ernesto Abella said was nothing more than a courtesy call. Liu was meeting foreign ministry counterparts to discuss […]
17 January 2017 Muharraq, Kingdom of Bahrain, Gulf Aviation Academy: Gulf Aviation Academy is proud to announce its recent addition to its training capacity through Maritime Training. The Maritime program was established in response to the need in the industry for certificated training through the Ports and Maritime Affairs (PMA), the first of its kind in the Kingdom. After successfully launching in October 2016, the program was […]
By Noah Barkin | DAVOS, Switzerland DAVOS, Switzerland Chinese President Xi Jinping will defend globalisation in the face of mounting public hostility in the West on Tuesday in a speech at the World Economic Forum that will underline Beijing’s growing global role. Xi’s appearance, a first for a Chinese leader at the annual meeting of political leaders, CEOs and bankers in Davos, comes as the part the […]
Theresa May will test the nerves of currency markets on Tuesday when she declares that Britain is making a clean break from the EU and will not seek a deal that leaves the country “half in and half out”. Mrs May’s comments will be seen as confirmation that Britain is leaving the single market — sometimes referred to as “a hard Brexit” — although she will leave […]
CARACAS OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year while price hawk Venezuela said it hoped its crude basket would rise to $70 in coming months. The head of the Organization of the Petroleum Exporting Countries was back in Caracas for a second meeting in two months with President Nicolas Maduro whom he lavishly praised for an “inspirational” role […]
This year could usher in a new era for Amazon’s in the context of AI devices as reports suggest that the Amazon Echo will dominate the AI space in 2017. In 2016, the Amazon Echo dominated the sales and ended up being one of the top selling items on Amazon.com. Now, Forrester Research’s estimates suggest that 6 million Echo devices were sold in 2016. The Amazon Echo, features […]
