Yahoo CEO Marissa Mayer delivers her keynote address at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada in this January 7, 2014, file photo. Reuters/Robert Galbraith/Files SAN FRANCISCO Former Yahoo executive Dan Rosensweig has not worked at the pioneering internet company in nearly a decade. But last week, as Yahoo Inc (YHOO.O) prepared to sell its core internet business, he was sporting a Yahoo T-shirt […]
|By Arabian Post Staff|Iran is exploring a return to international debt markets for the first time since 2002, a senior government official said, as the Islamic Republic seeks to finance an economic recovery a year after a historic nuclear deal that offered it a route out of isolation, Bloomberg reported. It quoted Economy Minister Ali Tayebnia, whose ministry is at the forefront of securing Iran’s access to […]
|By Arabian Post Staff|Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to provide sufficient capacity for exporting oil, Bloomberg reported quoting Energy Minister Khalid Al-Falih. The country, the world’s largest oil-producing nation, eventually will have a shipping fleet that will match its oil capabilities, Al-Falih said in Riyadh. Saudi Arabian Oil Co., or Aramco, will need more tankers to meet global […]
AJMAN // Othman Mohammed’s wife was treating her daughter and grandson to a McDonald’s meal when the unthinkable happened. A man suffered an epileptic fit at the wheel of his pick-up truck and crashed it through the front window of the restaurant at an Eppco petrol station. Mrs Mohammed, who had only been in the country for a visit since Thursday, was killed instantly, as was a […]
Scientists report the largest haul of confirmed planets – tallying more than a hundred — since NASA’s Kepler space telescope switched from staring into one patch of sky to detecting planets along a much larger portion of the Milky Way. Among the confirmed is a planetary system comprising four promising planets that could be rocky. (via Telegraph)
DUBAI // Nutritionists have poured cold water on the Kinder chocolate scare that erupted after a watchdog said an ingredient was carcinogenic. Parents who were worried that mineral oil aromatic hydrocarbons were being passed on to children through the chocolate are being reassured after the alarm was raised by German watchdog Foodwatch. While advising against overindulging in chocolate, health experts say the risk from hydrocarbons is low […]
|By Matein Khalid|Brexit will have a profound impact on international banking. It was no coincidence that the shares of UK, German, Swiss, Italian, Spanish and other banks fell 20-25% in a single trading session on news of Brexit. Even American money center banks and investment banks with a large footprint in the City of London fell 8 – 10% on Friday, June 24, 2016. As Deutsche Bank […]
The flight to Europe’s sixth-largest city was business travel as it ought to be – on time, comfortable and efficient, with plenty of room to work and relax. Emirates has a very reliable chauffeur service in Dubai to get you to the airport without any fuss. It takes you straight to the dedicated first- and business-class terminal in Terminal 3. Here you will find a spacious check-in […]
Elton John, Selena Gomez, Major Lazer and All Saints are among the raft of international stars to perform in the UAE before the year is out. The names have been revealed as part of the upcoming autumn season of concerts at Dubai’s new Autism Rocks Arena. John will perform at the purpose built venue, at Dubai Outlet Mall, on December 15. Appearing as part of the next […]
INTERNATIONAL. The Bloomberg Commodity Index, which tracks the performance of 20 major commodities split evenly between energy, metals and agriculture, continues to show a gain of more than 10% in the year to date. Some softness, however, has crept in during the past few weeks with some sectors, most notably energy, pausing after rallies in oil and natural gas ran out of steam. Industrial metals found support […]
UAE. Implementing change strategies to reinvent the value proposition of the Islamic financial services industry is high on the agenda of industry leaders, according to Deloitte’s new whitepaper entitled “The catalysts for change: Strategic priorities in governance and regulation in Islamic Finance practice.” This necessity is fueled by recent global economic downturn coupled with geopolitical risks that have put more pressure on industry strategists and policymakers. The […]
A virtual map of Bryant Park is displayed on the screen as a man plays the augmented reality mobile game ”Pokemon Go” by Nintendo in New York City, U.S. July 11, 2016. Reuters/Mark Kauzlarich/File Photo MEXICO CITY A Mexican taxi driver has jumped on the Pokemon GO craze sweeping the world by driving smartphone-armed customers around in search of the augmented reality game’s target creatures. The mobile […]
During its Shape Tech Expo in San Francisco this weekend, AT&T plans to demonstrate how it is using drones to inspect its cell towers from the air. The company is also looking at other future applications that could include using unmanned aerial vehicles (UAVs) to provide improved LTE coverage during crowded events or disasters. AT&T has been testing various uses for drones over the past year, and […]
A researcher at Arizona State University has discovered how to control multiple robotic drones using the human brain. A controller wears a skull cap outfitted with 128 electrodes wired to a computer. The device records electrical brain activity. If the controller moves a hand or thinks of something, certain areas light up. “I can see that activity from outside,” said Panagiotis Artemiadis (pictured above), director of the […]
A violent outburst by the young star V883 Orionis has given astronomers their first view of a water “snowline” in a protoplanetary disk — the transition point around the star where the temperature and pressure are low enough for water ice to form. An abrupt increase in the brightness of the star “flash heated” the inner portion of the disk, pushing the water snowline out much farther […]
Are there places where Pokémon should not be allowed to tread? The digital creatures, which appear overlaid on the real world as part of the hit smartphone game Pokémon Go, have been reported at the former concentration camp Auschwitz in Poland, the United States Holocaust Memorial Museum in Washington D.C. and the National September 11 Memorial in New York, provoking frustrated responses from the representatives of some […]
BAGHDAD — President Obama will deploy 560 more troops to Iraq to help retake Mosul, the largest city controlled by the Islamic State, Defense Secretary Ashton B. Carter announced on Monday. It is the latest escalation of the United States’ role in the Iraq war by Mr. Obama, who ran for office on a pledge to end America’s involvement in the conflict. Many of the newly deployed […]
JIDDA, Saudi Arabia — For most of his adult life, Ahmed Qassim al-Ghamdi worked among the bearded enforcers of Saudi Arabia. He was a dedicated employee of the Commission for the Promotion of Virtue and the Prevention of Vice — known abroad as the religious police — serving with the front-line troops protecting the Islamic kingdom from Westernization, secularism and anything but the most conservative Islamic practices. […]
Negotiators had been talking for hours with the hunkered-down killer of five police officers in downtown Dallas when the man suddenly resumed firing with an assault rifle. Fearing additional casualties, the officers deployed a small, remote-controlled robot to carry an explosive device near shooter Micah Xavier Johnson, 25, which they then detonated, killing him. “We saw no other option but to use our bomb robot and place […]
We look forward to the weekends when we can showcase yet another book in this series. There is always something new to learn about cars. It never ceases to amaze me how much automotive history is actually out there. Porsche is one of the brands I am learning more about and Randy Leffingwell’s Porsche Turbo has proven insightful. High Performance History The book follows Porsche and their turbocharging prowess, with […]
Reuters/Tyrone Siu/File Photo SEOUL South Korea’s LG Electronics Inc (066570.KS) said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and television set businesses. The world’s second-biggest TV maker by market share, behind compatriot Samsung Electronics Co Ltd (005930.KS), said in a regulatory filing that April-June profit was likely 585 billion won ($504 million), […]
Researchers have created a robotic mimic of a stingray that’s powered and guided by light-sensitive rat heart cells. The work exhibits a new method for building bio-inspired robots by means of tissue engineering. Batoid fish, which include stingrays, are distinguished by their flat bodies and long, wing-like fins that extend from their heads. These fins move in energy-efficient waves that emulate from the front of the fin […]
|By Matein Khalid| The merger of Abu Dhabi banks First Gulf Bank and NBAD creates the largest bank in the Middle East, a regional colossus with $170 billion in assets, competitive funding cost in the global interbank/capital markets and a market value greater than Credit Suisse, Standard Chartered Bank (SCB) and Deutsche Bank. This is the biggest game changer event in UAE banking and finance since the […]
Pivotal, the developer of the Cloud Foundry open source cloud development platform, is teaming up with Canonical, the company behind the popular Ubuntu Linux distribution. Announced today, the partnership means that Ubuntu is now the preferred operating system for Cloud Foundry. Cloud Foundry was originally developed by VMware and is now owned by Pivotal Software, a joint venture by EMC, VMware and General Electric. Canonical and Pivotal […]
