Opec has won the backing of countries outside the oil cartel to join supply cuts for the first time since 2001, overcoming the final major obstacle for a global agreement to curb output. Russia, the biggest oil exporter outside the group, alongside 10 other countries such as Mexico, Oman and Azerbaijan on Saturday agreed to reduce their production by 558,000 barrels a day. A new geopolitical dynamic […]
By Ahmed Mohammed Hassan and Ali Abdelaty | CAIRO CAIRO A bombing at Cairo’s largest Coptic cathedral killed at least 25 people and wounded 49, many of them women and children attending Sunday mass, in the deadliest attack on Egypt’s Christian minority in years. The attack comes as President Abdel Fattah al-Sisi fights battles on several fronts. His economic reforms have angered the poor, a bloody crackdown […]
President-elect Donald Trump on Sunday rejected as “ridiculous” a CIA report that Russia had intervened in the presidential election in order to help him win. Mr Trump called the intelligence assessment, which rocked Washington this weekend, “just another excuse” for Hillary Clinton’s surprise loss. “I don’t believe it,” he told Fox News. The interview aired shortly after a bipartisan Senate quartet called for a congressional investigation of […]
An astounding 60 percent of employees have been given their walking papers at Yik Yak, a chat app particularly popular among college students. The massive layoff saw the 50-strong startup reduced to a motley crew of 20 on Dec. 8. Yik Yak Layoff The recent development has been surprising for tech industry observers because Yik Yak has managed to raise $73.5 million from investors since it began its […]
Photo A nun surveyed the scene after a deadly bombing at St. Mark’s Cathedral in Cairo on Sunday. Credit Amr Abdallah Dalsh/Reuters CAIRO — A bomb ripped through a section reserved for women at Cairo’s main Coptic cathedral during Sunday morning Mass, killing at least 25 people and wounding 49, mostly women and children, Egyptian state media said. The attack was the deadliest against Egypt’s Christian minority […]
MUMBAI Tata Sons on Sunday renewed its appeal to shareholders of Tata group companies to remove Cyrus Mistry from the board of those companies, saying his presence as chairman “is likely to lead to fragmentation of the Tata Group”. In a boardroom coup in October, Mistry was ousted as chairman of Tata Sons, holding firm of the $100 billion Tata empire, but he remains on the board […]
In a move that is certain to infuriate those who see Trump as nothing more than a puppet of the Kremlin, moments ago NBC reported that Rex Tillerson, CEO of Exxon Mobil and late entrant into the SecState race after his first meeting with the president elect this past Tuesday at the Trump Tower, has been picked by Trump to serve as his next Secretary of State. […]
Paolo Gentiloni, Italy’s foreign minister, has been chosen to replace Matteo Renzi as prime minister amid signs of a quick solution to the political crisis that has convulsed the eurozone’s third-largest economy during the past week. After three days of consultations with parliamentary leaders of all stripes, Sergio Mattarella, Italy’s president, on Sunday summoned Mr Gentiloni to the presidential palace in central Rome and asked him to […]
More than ever before, these articles pulled the curtain back on how an estimated $100 billion in undeclared money has been siphoned from Canada into offshore tax havens. Since the first investigations were published, the federal government has invested almost $500 million in the Canada Revenue Agency aimed at tougher tax enforcement, launched investigations into 85 Canadians identified in the Panama Papers and compelled banks to divulge […]
They confided their dilemmas over whether to flee to government-held areas or stay put until the bitter end, a choice that split up many families. They described escalating bombardment and attacks that have killed women and children trying to reach safe ground. They revealed deepening rifts among rebel groups, and between fighters and civilians, over whether and how to surrender. Continue reading the main story Some told […]
ExxonMobil chief executive Rex Tillerson has emerged as the strong favourite to be Donald Trump’s secretary of state, US media reported on Saturday, potentially placing a businessman with global dealmaking experience at the heart of US foreign policy. After a 41-year career at the oil giant, Mr Tillerson has no direct diplomatic background but he has close ties with Russian president Vladimir Putin who awarded him the […]
AMMAN Russian air strikes forced Islamic State fighters to retreat to the outskirts of Palmyra on Sunday, a day after they had stormed the ancient city in eastern Syria, a war monitor said. The militants were now fighting in orchards on the fringe of Palmyra, the British-based Syrian Observatory for Human Rights said. Russia’s Defence Ministry said its jets had launched 64 strikes and killed more than […]
Photo Alexander Novak, Russia’s energy minister, left, with Khalid Al-Falih, Saudi Arabia’s energy and industry minister, after OPEC members and 12 other countries met in Vienna, Austria, on Saturday. Credit Lisi Niesner/European Pressphoto Agency Russia and other oil producers agreed on Saturday to join OPEC nations in a rare, coordinated reduction in oil output meant to lift petroleum prices and revenues to shore up their sagging government […]
By Caroline Valetkevitch | NEW YORK NEW YORK Next week’s Federal Reserve meeting and possible signals on the pace of rate hikes for next year could pose the biggest risk yet to the rally the U.S. stock market has seen since last month’s presidential election. While investors have long anticipated the Fed will raise rates at the Dec. 13-14 meeting – in what would be its first […]
The Moto Z Force Droid Edition, see my full review, was launched in August and it demonstrated that a functional modular design was possible. I then purchased my own GSM Moto Z, but returned it because it was priced too high, the battery wasn’t large enough, and I wasn’t sure when it would get updated to Android 7 Nougat. I bought my first 2013 Moto X because […]
Ahead of next week, here are the big questions we are asking at FT Markets What signal will the Federal Reserve send? The last US central bank meeting of the year will unfold on Wednesday with all eyes on officials’ latest assessment of the economy and the press conference of Fed chief Janet Yellen. Plenty has changed since their previous gathering just before the US election. Dollar […]
By Steve Holland | BALTIMORE BALTIMORE U.S. President-elect Donald Trump is expected to name the chief executive of Exxon Mobil Corp as the country’s top diplomat, a source familiar with the situation said on Saturday, an appointment that would put in place an official with close ties to the Russian government. News of Tillerson’s possible appointment comes as U.S. intelligence analysts have concluded that Russia intervened in […]
The Japan Aerospace Exploration Agency launched a spacecraft from the Tanegashima Space Center on Friday, Dec. 9 that carried a magnetic tether designed to move vast amounts of space junk from the Earth’s orbit. Help From 106-Year-Old Fishing Net Maker The magnetic tether made of steel wire and aluminum strands was made with the help of a fishing net company based in Japan, the 106-year-old Nitto Seimo […]
Alienware’s Steam Machine Valve rolled out the Steam Machine concept at CES 2014: Desktops that would be sized to compete with video game platforms in gamers’ living rooms, and run the company’s Linux-based SteamOS. Since then, the company ran into delays with its Steam Controllers, and by the time manufacturers started to roll out the actual systems (nearly two years later), a lot of the buzz about […]
ISLAMABAD: Proceedings in the Panamagate case, which could possibly lead to the disqualification of Prime Minister Nawaz Sharif, ended on Friday almost with a whimper when the Supreme Court said that arguments from both sides would commence afresh when the hearing resumes in January. Earlier, the Pakistan Tehreek-i-Insaf (PTI) informed the court about its stance on the latter’s proposal of constituting a commission to conduct an inquiry […]
Submitted by Mac Slavo via SHTFPlan.com, The entire Pacific Coast of the United States, Canada and Mexico has been contaminated with radioactive particles from Fukushima. And finally, it is being officially acknowledged. This is really happening… It is a stark reminder that the effects from Fukushima radiation continually spilling into the ocean have not been abated. The site continues to leak highly toxic radioactive material to this […]
By Dominic Evans and Stephanie Nebehay | BAGHDAD/GENEVA BAGHDAD/GENEVA The Iraqi army said it took full control of two more districts of east Mosul on Saturday, pushing back Islamic State militants in a slow and hard-fought advance into the city whose 1 million residents face growing shortages of fuel, water and food. A military statement said elite Counter Terrorism Service (CTS) troops took over the neighbourhoods of […]
VIENNA OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries. With the deal finally signed after almost a year of arguing within the Organization of the Petroleum Exporting Countries and mistrust in the willingness of non-OPEC […]
KABUL Hardline cleric Mullah Haibatullah Akundzada has reinforced his position as the new leader of the Afghan Taliban by winning the support of two senior members, the insurgent group said on Saturday. Former Taliban interior minister Mullah Abdul Razaq Akhund and Mullah Abdul Sata Akhund “pledged their full support” to Akundzada during a meeting of Taliban scholars at an undisclosed location on Friday, the group said on […]
