BAGHDAD: Suicide bombs at two marketplaces in Baghdad, one of them claimed by Daesh, killed at least 23 people on Sunday, police and medics said, the latest in a spate of militant attacks in the Iraqi capital that have left dozens dead.“A soldier at the gate of Jamila market opened fire on a suicide car bomb after noticing a suspect vehicle but the terrorist blew up his […]
Image: ZDNet Anniversaries are opportunities to reflect on what has come before, and to imagine what may transpire in the future. For some, an anniversary is a time for reconfirmation and reaffirmation of beliefs; for others, it is an opportunity to acknowledge the past and to move on. This weekend, industry analysts and volume buyers are returning from CES in Las Vegas, having just seen the multitude […]
This is the first piece I have published since my official retirement from Poynter on New Year’s Eve. I have lots of work ahead of me, but it has been fun and instructive to look back. If you reach your destination in decent shape, it’s easy to forget the bumps in the road behind you. Better to look at the odometer and celebrate the distance you’ve traveled. […]
By Mehreen Zahra-Malik | ISLAMABAD ISLAMABAD Pakistan’s recently retired army chief Raheel Sharif has been appointed to lead a new Saudi-military alliance to fight terrorism, Pakistani media have reported. Government officials in Saudi Arabia could not be reached on Sunday to confirm the appointment to head the coalition, the founding of which Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman announced at a sudden midnight press conference […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices fell early on Monday as Iran increased exports undermining efforts by other oil producers to curb a global fuel supply overhang and as U.S. drillers increased activity for a 10th week. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $56.97 per barrel at 0019 GMT, down 13 cents from their last close. U.S. West […]
In an accompanying promotional video for the Designed By Apple in California book, Jony Ive has touted Apple’s design process and how each of its devices has different prototypes before one is finally selected for production. A recent report has given more insight into this area after it showed features of an early iPhone prototype. Leaked Old iPhone The report came by way of a video that showed […]
Banks have flooded the market with debt in the first days of the new year, propelling a record pace of bond sales as companies seek to lock in borrowing costs before interest rates rise further. The sales have been met with ample investor appetite ahead of the fourth-quarter earnings season, when the majority of US banks are expected to report improved profitability. Banks have sold $42bn of the […]
By Stephen Kalin and Ahmed Rasheed | MOSUL, Iraq/BAGHDAD MOSUL, Iraq/BAGHDAD Iraqi special forces battling Islamic State reached the eastern bank of the Tigris river in Mosul on Sunday for the first time in a three-month, U.S-backed offensive to capture the city from the militants, who still control its entire western half. The group also claimed one of two attacks at two Baghdad markets in which 20 […]
Submitted by Mike Shedlock via MishTalk.com, In a major setback for organized labor, Kentucky passed right-to-work legislation and repealed the state’s prevailing wage law. Organized labor suffered its first major legislative setback due to the 2016 elections on Saturday, when Kentucky Republicans gave final approval to right-to-work legislation and repealed the state’s prevailing wage law. Both bills are expected to be signed into law by the governor, […]
By Rodrigo Campos | NEW YORK NEW YORK Investors puzzled over whether U.S. interest rates are rising due to a stronger economy or because of fears about inflation might want to look at the recent gains in REITs for some useful guidance. Real estate investment trusts typically perform poorly in an environment of rising interest rates, as they are used by some investors as a proxy for […]
Retro-Bit has finally taken the wraps off Super Retro Boy, its version of the classic Game Boy at CES 2017 — and it certainly got nostalgic retro gamers excited. The Super Retro-Boy has the same boxy design that the original Game Boy, Game Boy Color, and Game Boy Advance sported. Other than the lack of shoulder buttons that the GBA had, longer battery life, and a shatter-resistant […]
UK taxpayers are facing a £24bn bill for decommissioning oil and gasfields in the North Sea — threatening to wipe out remaining tax revenues from an industry that has been among the Treasury’s most reliable cash cows for the past four decades. The new estimates show how the North Sea oil industry risks becoming a net drain on UK resources as it enters its sunset years and […]
By Bozorgmehr Sharafedin | DUBAI DUBAI Former Iranian president Akbar Hashemi Rafsanjani died on Sunday at the age of 82, state media reported, a big blow to moderates and reformists deprived now of their most influential supporter in the Islamic establishment. “Ayatollah Hashemi Rafsanjani was taken to hospital after heart attack and more than an hour long efforts by doctors to revive him were not successful,” the […]
Yet many Western analysts believed that he sought a less confrontational relationship with the United States than other powerful figures in the Iranian hierarchy, for whom hostility toward Washington was a touchstone of ideological purity. Continue reading the main story Mr. Rafsanjani, for instance, was credited with suggesting that “Death to America” be dropped from the litany of slogans at Tehran’s Friday prayers, a weekly moment of […]
One of the more cherished bits of jargon used in finance is an idea that cash may sit on the sidelines, as if piles of notes are substitute players ready to dive into the great game of markets. Investors are still sitting on large piles of cash, holding nearly 5 per cent of their portfolios in spare liquidity in December, according to data from BofA Merrill Lynch. […]
The iPhone 7 – 10 years after the release of the first iPhone, Apple is under pressure to come up with a new wonder The smartphone continues to change the world a decade after the debut of the iPhone, even as Apple is under pressure to come up with a new wonder. The iPhone—introduced by late Apple co-founder Steve Jobs on January 9, 2007—set the stage for […]
MADRID Spain sees just a slim chance of joint sovereignty over Gibraltar if Britain opposes it, its foreign minister said in an interview with the leading Spanish newspaper El Pais. “I think you have to be realistic, if the United Kingdom does not want to negotiate it will be difficult to carry it forward,” Alfonso Dasits, said in his first interview with a Spanish newspaper since he […]
By Jack Kim and Tony Munroe | SEOUL SEOUL North Korea said on Sunday it can test launch an intercontinental ballistic missile at any time from any location set by leader Kim Jong Un, saying the United States’ hostile policy was to blame for its arms development. Kim said on Jan. 1 that his nuclear-capable country was close to test-launching an intercontinental ballistic missile (ICBM). (Full Story) […]
The human body is a very complex system of organs that work together for the survival of the human being. Sometimes, though, it can play strange little tricks on humans just to show what it is capable of. Such is the case of a 16-year-old girl in Japan who underwent an emergency appendectomy for her acute appendicitis. However, during the said operation, doctors noticed a large growth […]
All of the podcasts below are easily acquired by clicking ‘subscribe’ on iTunes or on Stitcher or any other podcast-delivery platform. New episodes are automatically downloaded, ready for listening Revisionist History With the tagline “because sometimes the past deserves a second chance”, author Malcolm Gladwell visits moments and episodes from history, looking at stories or ideas that might have been misunderstood or overlooked – there’s always a […]
A year ago Mohammed bin Salman, Saudi Arabia’s deputy crown prince and the power behind the throne, electrified the global energy industry by revealing plans to float the world’s largest oil producer. The ambitious proposal for an initial public offering in state-owned Saudi Aramco is the centrepiece of the hard-charging 31-year-old’s vision to overhaul an economy seen as too heavily dependent on natural resources. One year on […]
Britain’s Queen Elizabeth made her first public appearance since before Christmas on Sunday as she recovered from a heavy cold that caused the 90-year-old monarch to miss Christmas and New Year church services. The queen, wearing a vibrant blue coat and hat, arrived with her husband Prince Philip, 95, at St Mary Magdalene church in Sandringham in eastern England, where she traditionally spends the festive period on […]
Here are the big questions for investors ahead of the coming trading week. What impact will Donald Trump’s press conference have on markets? “I will be having a general news conference on JANUARY ELEVENTH in N.Y.C. Thank you.” That was how the president-elect last week [3] tweeted news of what is surely the first big market-moving event of the year — if it takes place. Mr Trump […]
Along with most of his Wall Street peers, BofA’s Chief Investment Strategist Michael Hartnett flipped his outlook on risk assets shortly after the election, turning from quietly bearish to vocally bullish and forecasting a substantial rise in US equities, and even more substantial bounce for Japanese, European and UK stocks as well as oil. So far, Hartnett has been correct, and according to recent fund flows, much […]
