By Will Dunham John Glenn, who became one of the 20th century’s greatest explorers as the first American to orbit Earth and later as the world’s oldest astronaut, and also had a long career as a U.S. senator, died in Ohio on Thursday at age 95. Glenn, the last surviving member of the original seven American “Right Stuff” Mercury astronauts, died at the James Cancer Hospital at […]
Major U.S. stock indexes climbed again on Thursday and set fresh record highs as a month-long rally following the presidential election of Donald Trump rolled on. Investors have driven up equities since Trump’s Nov. 8 election over optimism about domestic economic stimulus and reduced corporate taxes and regulations. Supporting the upbeat sentiment on Thursday was a report that showed the number of Americans filing for unemployment benefits […]
Thursday 21:00 GMT Overview The European Central Bank’s latest policy surprise fuelled a volatile session for the euro and government bonds as participants appeared, initially at least, to struggle to assess its implications. But European stocks rose to 11-month highs while Wall Street overcame an early bout of fatigue to set yet more record peaks. Oil prices resumed their upward path, even as a stronger dollar unsettled […]
“Modern Family” star Sofia Vergara is being sued by her two frozen embryos in an unusual lawsuit as part of a three-year battle by her ex-fiance to see the embryos brought to life. The female embryos, which were created when Vergara was engaged to businessman Nick Loeb, are given the names Emma and Isabella and listed as plaintiffs in a lawsuit filed in Louisiana state court on […]
By Steve Scherer and Francesca Piscioneri | ROME ROME Italy’s president began talks with political leaders on Thursday to seek a way out of the political crisis caused by the resignation of Prime Minister Matteo Renzi. Sergio Mattarella, a 75-year-old former constitutional court judge, must decide if someone can lead Italy to elections scheduled for 2018, or whether an interim government should serve until a snap vote […]
For emerging markets, fears over the election of Donald Trump have yet to fully materialise. The prevailing view, says Ousmene Mandeng of EM investment fund New Sparta Asset Management, is that a Trump presidency is “negative for emerging markets”. Investors could foresee some benefit from a supply-side US boom that adds to world aggregate demand — but a less co-operative, protectionist US will have a structural negative […]
By freelance contributor Ben Bohane in Ly Son Island Posted December 09, 2016 05:35:32 Photo: Ly Son island, looking out towards the Paracels and Spratlys. (ABC News: Ben Bohane ) Related Story: Vietnam moves rocket launchers into disputed South China Sea: report Related Story: Vietnam expanding South China Sea runway: reports Sparkling on the horizon as our boat navigates the swell is one of the world’s most […]
The deals, if finalized, would bring much-needed expertise and foreign investment to Iran’s ailing energy sector. Continue reading the main story Just as important, the agreements provide a lifeline to the rest of the world, experts say, critical to keeping dollars flowing and in cementing relations with European and Asian countries. Few Iranian officials like to acknowledge that in public, insisting that the country is immune to […]
Dell Technologies said its infrastructure group delivered a mixed third quarter as all-flash storage systems, hybrid cloud and hyperconverged gear grew, but storage array and server demand fell. The company’s third quarter results include 52 days of EMC’s business and VMware. Dell said revenue from its legacy businesses were largely unchanged in the third quarter. According to Dell, third quarter revenue was $16.25 billion with a net […]
It was Donald Trump’s press conference in the early hours of November 9 that some pinpoint as the moment fears about what his presidency would mean for stock markets turned into euphoria about his victory. Campaign pledges to give a boost to the US economy were repeated, as the newly president-elect struck a moderate, even conciliatory, tone. Whatever you think of the reaction in financial markets since, […]
By Pak Yiu and Lisa Jucca | HONG KONG HONG KONG Cardinal Joseph Zen, the most senior Chinese Catholic cleric, says the participation of an excommunicated prelate at two bishop ordinations in China was a “slap in the face” for Pope Francis just as Rome seeks a historic deal with Beijing. Bishop Lei Shiyin, who was excommunicated by the Vatican in 2011 for accepting his appointment without […]
The 19th edition of realty exhibition expecting to attract thousands of NRIs over the 3-day expo Investor confidence gets boost due to demonetisation, home loan rates to be down to 7-8%; RERA, GST and REIT to further improve transparency and bring healthier, sustainable growth Top developers across India meet for exclusive face-to-face interaction. Properties boast features such as eco-friendly housing, water recycling units and […]
The European Central Bank has decided to scale back its landmark quantitive easing programme from €80bn to €60bn a month, in a move that responds to hawks’ concerns about ultra-loose monetary policy but which could unsettle markets. The bank confirmed that it would buy €80bn a month of bonds under the current leg of the programme until March, but added that it would reduce the purchase size […]
Now is an exciting time in the tech world due to the insane pace of its development. This narrative has just been reinforced with the introduction of Bluetooth 5, which features double than its predecessor’s speed and an incredible quadrupled network range. Bluetooth 5 Launch The technology was announced early this year and is being touted as one of the enabling mechanisms that will support the emergence […]
COPENHAGEN Security forces should shoot at the boats of migrants trying to reach the European Union illegally, a member of parliament for the Danish government’s main political ally, the Danish People’s Party, suggested on national television. “The only efficient way is to turn the boats and say: ‘You cannot sail within this national border and if you do, you will either be shot at or be turned […]
In a glass cube inside a MK2 cinema near France’s national library in Paris, viewers can choose between HTC Vive, Playstation VR and Oculus Rift headsets, or they can go for “full body immersive” simulators The first wave of virtual reality cinemas, heralding what their creators claim will be an entertainment revolution, rolls out across the world this month. The first screening room in France opened Wednesday […]
By Christopher Johnson | LONDON LONDON Oil prices steadied around $50 a barrel on Thursday, close to the week’s lows, on doubts proposed OPEC production cuts would be sufficient to balance the market, although a weaker dollar supported sentiment. North Sea Brent crude was up 25 cents at $53.25 a barrel by 0940 GMT. U.S. light crude was up 20 cents at $49.97 a barrel. Both benchmarks […]
The release in cinemas last week of Ali Khaled’s Lights of Rome about the UAE football team at the World Cup in 1990 was the latest development in what has been a strong couple of years for documentaries in UAE cinema, as well as the wider Arab world which has a long history of documentary filmmaking. A high point for the industry here was undoubtedly 2015’s He […]
He said the crowdfunding money will be used to pay for banners, posters and other promotional materials during his campaign. The crowdfunding campaign, according to Basuki, is different to traditional political campaigning in Indonesia in that it involves more ordinary members of the public than politicians. The normal way would be for the candidates to get their campaign fund from private sponsors, which would then oblige them, […]
Photo LeBron James said his decision not to stay at a hotel bearing the name of President-elect Donald J. Trump was “just my personal preference.” Credit Alex Goodlett for The New York Times LeBron James has done a lot and seen a lot over the course of his 14-year N.B.A. career. He has won championships. He has traveled the globe. He has become an icon in his […]
SYDNEY Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session. Risk appetite got an extra boost when China reported upbeat trade figures with exports and imports both beating forecasts. Resource imports were very strong, a major reason prices for […]
Britain plans to deepen security cooperation with Gulf Arab countries and work with them to counter Iranian actions in the region, Prime Minister Theresa May said on Wednesday. Addressing a meeting on the sidelines of the Gulf Cooperation Summit in Bahrain, May said Britain would invest more than 3 billion pounds in defence spending in the region over the next decade. “Gulf security is our security,” May […]
US stocks hit fresh highs on Tuesday led by transportation, as investors solidified their bets on an improving economy under the Trump administration. The benchmark S&P 500, Dow Jones Industrial Average and Nasdaq Composite each clinched their best daily performances since the day before the US election, with the first two also setting new records. Stock markets have been invigorated by the possibility of a wave of […]
By Asad Hashim | ISLAMABAD ISLAMABAD Pakistan on Thursday mourned the 47 victims of its deadliest plane crash in four years, among them a famed-rockstar-turned-Muslim evangelist, two infants and three foreigners, as officials sought to pinpoint the cause of the disaster. Engine trouble was initially believed responsible, but many questions remain, stirring new worries about the safety record of money-losing state carrier Pakistani International Airlines. […]
