What’s the story behind your business? Our story is a typical start-up story. We began 15 years ago with six people, and at the time we operated out of our chairman’s extra bedroom in Jumeirah. We started the agency with the philosophy of changing the rules of advertising across the region. At the time, people thought we were a bit crazy – they said everything had already […]
Caitlin Johnston and Anthony Cormier spent so much time with a 182-page plan from the Florida Department of Transportation that it became like a bible to them: important, instructive, kind of mysterious and confusing. But the truth that came out of its pages aren’t the result of thousands of words of copy. It’s revealed, instead, through Legos. Johnston, a transportation reporter, and Cormier, an investigative reporter at […]
Convoys of green buses and ambulances ferried several thousand rebels and wounded civilians through the rubble-strewn streets of Aleppo on Thursday as the highly anticipated evacuation of the last opposition enclave of the northern Syrian city finally began. The operation got off to a shaky start after the first ambulances were shot at in the morning, wounding three people and underlining the fragility of a deal brokered […]
Photo On the campus of New York University Abu Dhabi. The failure of Georgetown and N.Y.U. to call out the suppression of critical speech suggests the complicity that gulf money buys. Credit Andrew Holbrooke/Corbis WASHINGTON — Cyberespionage may be the new normal, but you wouldn’t think that an American graduate student would be a target for state-level spyware and surveillance. Apparently, though, I am. On May 19, […]
If Donald Trump has made bank stocks great again, Janet Yellen has just made them even greater. US financial stocks were on a tear on Thursday, extending their strong post-election market gains after the Federal Reserve raised interest rates on Wednesday and signalled that at least three more rises are on the cards for next year. The prospect that the US central bank might have to raise […]
By Gabriela Baczynska | BRUSSELS BRUSSELS European Union leaders agreed on Thursday to extend the bloc’s main economic sanctions against Russia over the turmoil in Ukraine for six months until mid-2017, diplomats said. The decision was expected and the formal process to extend the sanctions on Russia’s defence, energy and financial sectors will take place early next week, they said. “We welcome unanimous decision by the EU […]
Facebook CEO and chairman Mark Zuckerberg envisions a software system inspired by the “Iron Man” character Jarvis as a virtual butler managing his household Mark Zuckerberg envisions a software system inspired by the “Iron Man” character Jarvis as a virtual butler managing his household. The Facebook founder’s dream is about artificial intelligence, which is slowly but surely creeping into our daily lives, no longer just science fiction. […]
A drug used in treating narcolepsy could help food addicts lose their weight, reports a recent study. Some people are addicted to food not only because of lack of self-control but also because they could be physically addicted to fat and sugar. Generally, when delicious food is eaten, there is a strong release of dopamine in the reward points of the brain, indicating the feeling of pleasure. […]
The US dollar marched higher on Thursday, reaching its strongest level against the euro for more than a decade, after the US Federal Reserve signalled a more aggressive outlook for interest rate policy. Europe’s single currency was among the hardest hit, falling through the $1.04 level to trade at its lowest level since early 2003. Driving the dollar’s strength is a growing divergence between benchmark interest rates […]
“If they’ve managed to sleep through the night, bonds traders in the US will have quite a shock when they check their screens in the morning,” Mohamed El-Erian, chief economic adviser at Allianz, tweeted early on Thursday. Wall Street bond traders and investors will have turned in on Wednesday night already jolted by the Federal Reserve, which under Janet Yellen’s leadership has become synonymous with caution on […]
By Elias Biryabarema | BIDI BIDI, Uganda BIDI BIDI, Uganda Besides bags, blankets and tales of horror, some of the thousands of refugees fleeing South Sudan’s civil war each day carry something else – the ethnic hatred the United Nations says is “fertile ground” for genocide. That hatred, fuelled by continuing reports of ethnic-based killings inside the country, is turning refugee camps on its borders into tinder-boxes […]
By Patrick Markey | AL-DHIBANIYAH, Iraq AL-DHIBANIYAH, Iraq His right arm strapped with a tourniquet and numbed by anaesthetic, Azad Hassan sat before the crowd waiting for Islamic State militants to chop off his hand as a punishment. First, he had watch them do the same to his brother. Freed from Islamic State rule in Mosul by Iraqi forces who are fighting to recapture the city, the […]
NASA’s Curiosity rover, currently studying Martian mountains for ancient environmental changes, has zeroed in on wet environments and their evolution over billions of years. The new data indicate that past environment in Mars was supportive of microbial life though the exact time frame is up for debate. This was mooted by NASA and Los Alamos National Laboratory researchers at the American Geophysical Union meeting in San Francisco. “There […]
Thursday 11:00 GMT Overview Stock markets are trading cautiously as Treasury yields hit fresh highs after the Federal Reserve’s decision to raise interest rates for only the second time since the financial crisis. The prospect of the US central bank perhaps having to tighten policy faster than expected to reflect any additional boost to growth from president-elect Trump’s fiscal plans is lifting the dollar to a 14-year […]
The Australian Minister for Communications Mitch Fifield has called on the Australian Competition and Consumer Commission (ACCC) to only declare domestic mobile roaming if there is an overwhelming case for it, and not simply as a result of a “balance of probabilities”. “I am concerned that there is a real risk that any declaration will lead to an erosion of long-term benefits for all consumers including those […]
Tata Sons Ltd. has won some battles for control of the Tata Group this week, but the holding company atop India’s largest conglomerate still has to win the war against its ousted chairman Cyrus Mistry. In October Tata Sons directors said they had lost confidence in Mr. Mistry’s ability to lead the group and voted him out as chairman in a boardroom coup which shocked investors, analysts […]
This Tuesday, July 19, 2016 photo shows a Yahoo sign at the company’s headquarters in Sunnyvale, Calif. On Wednesday, Dec. 14, 2016, Yahoo said it believes hackers stole data from more than one billion user accounts in August 2013. (AP Photo/Marcio Jose Sanchez) Yahoo said Wednesday more than a billion users may have had data stolen in a hack dating back to 2013—separate from its previously disclosed […]
By Howard Schneider and Lindsay Dunsmuir | WASHINGTON WASHINGTON The U.S. Federal Reserve raised interest rates on Wednesday and signaled a faster pace of increases in 2017 as central bankers adapted to the incoming Trump administration’s promises of tax cuts, spending and deregulation. The increase in the federal funds rate to a range of between 0.50 percent and 0.75 percent was widely expected. But the prospect of […]
The time people spend playing Pokémon GO does not count as a workout, according to new research. The team analyzed the effort and the movement of players, reaching the conclusion that the physical activity done while hunting Pokémon does not add much to the overall movement requirements for an adult. According to the World Health Organization, people need to do a lot more exercising than what playing Pokémon GO involves. […]
Steve Garey, who retired from the Anacortes refinery in 2015 after almost 25 years and served as president of the United Steelworkers local, said that while some positive changes were made after the 2010 accident, upper management at Tesoro remains “contemptuous” of its work force and is “hiding behind incredibly permissive process safety regulations.” Those regulations grew out of a string of catastrophic events in the 1980s, […]
The offshore renminbi exchange rate grew stronger than its onshore counterpart on Thursday after a closely-watched borrowing rate in Hong Kong for loans denominated in China’s currency broke back into the double digits for only the fourth time in 2016. The Hong Kong interbank borrowing rate for offshore renminbi (CNH) overnight loans (CNH Hibor) rose another 4.4 percentage points to 11.8 per cent today, taking the overnight […]
Submitted by Carey Wedler via TheAntiMedia.org, According to the DEA, the problem with cannabis in the United States isn’t that it’s still designated a dangerous drug with no medicinal value in spite of volumes of emerging scientific research indicating otherwise. The problem is actually that the media has made it difficult for government agents to arrest people for selling and consuming it. The DEA also blames the […]
Katherine Goldstein is stepping down as chief of the securities fraud unit in the Manhattan U.S. attorney’s office to become a partner at Milbank, Tweed, Hadley & McCloy LLP. Ms. Goldstein, who has worked as a federal prosecutor for 12 years, will leave the government next month. In 2014, she became the first woman since […] (via WSJ)
The Washington Post is a profitable and growing enterprise, the newspaper’s publisher announced in a memo to staffers Tuesday evening. In the seventh paragraph of a rally-the-troops announcement, Post Publisher Fred Ryan made a winking nod to burying the news: Not to bury the lede, but thanks to the incredible work of the entire team, The Washington Post will finish this year as a profitable and growing […]
