Big reforms to rules for UK initial public offerings have been proposed by the market regulator to give investors better and earlier information, as the watchdog seeks to keep Britain “open for business” after Brexit. The Financial Conduct Authority said on Wednesday that information about a company planning an IPO should be made available sooner, and to a wider range of analysts and investors. The FCA warned that […]
Hospitality firm sbe has announced it will open its first hotel in the Middle East with the launch of Mondrian Doha, Qatar in the second quarter of 2017. This soft opening will set the stage for Mondrian Doha’s grand opening celebration, which follows in late September, the company said in a statement. The 270-room hotel has been designed in collaboration with world-renowned Dutch designer, Marcel Wanders, and […]
Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock market closes on Wednesday in the most eagerly awaited technology IPO since Chinese e-commerce giant Alibaba went public in 2014. The pricing will be the first test of investor appetite for a social-media app beloved by teenagers and 20-somethings but which has yet to turn a profit. The company’s […]
Tim Cook has signalled that Apple would look to broaden its $50bn US manufacturing and supplier base, as the iPhone maker faces looming pressure on domestic job creation from the Trump administration. Apple would also step in to defend net neutrality, its chief executive said, if the principle protecting even-handed management of internet traffic was threatened by the new head of the Federal Communications Commission, the US telecoms regulator. “We […]
This example of a 3-D ladar point cloud shows a fully foliated field site. Color indicates elevation above the ground, with red tones indicating a higher elevation value (for example, tree tops and vegetation) and blue tones indicating lower elevation value (ground-level vegetation and the ground itself). Credit: Massachusetts Institute of Technology The United States shares 5,525 miles of land border with Canada and 1,989 miles with […]
In a 2011 biography of Steve Jobs, Walter Isaacson wrote that the Apple co-founder “very much wanted to do for television sets what he had done for computers, music players, and phones: make them simple and elegant.” Jobs told Isaacson that he had “finally cracked” the key to creating an easy-to-use smart TV that synced with all your devices and the cloud; “the simplest user […]
The National Australia Bank (NAB) has announced the appointment of three executives on Tuesday, which includes former New South Wales Premier Mike Baird. Baird will join the bank in the capacity of chief customer officer, Corporate & Institutional Banking, after announcing his retirement from politics in January. Joining Baird at NAB is Patrick Wright, who leaves his tenure as global chief Operations & Technology at Barclays in […]
By Deborah Kyvrikosaios | GALAXIDI, GREECE GALAXIDI, GREECE Greek villagers staged a street battle on Monday with bags of colored flour in an annual tradition called the Flour War. The popular event attracts visitors from across the country and overseas to the coastal fishing town of Galaxidi, about 200 km (124 miles) west of Athens. “Clean Monday” celebrations mark the end of carnival season and the beginning […]
When Turkey’s children returned to school in September, there was something new on the curriculum: a week-by-week syllabus, mandated by the minister of education, celebrating what many call Turkey’s “second revolution”. Course materials included two slickly produced patriotic videos laced with references to President Recep Tayyip Erdogan’s success in putting down the attempted coup on July 15. The first opens with an image of Mustafa Kemal Ataturk, […]
Arto Nummela, Chief Executive Officer at HMD Global, shows the new re-launched Nokia 3310 phone, ahead of Monday’s opening of the Mobile World Congress wireless show in Barcelona, Spain, Sunday, Feb. 26, 2017. Finland-based HMD Global is re-launching the simple Nokia 3310 model along with unveiling three new devices at Mobile World Congress in Barcelona. (AP Photo/Emilio Morenatti) Samsung’s product showcase Sunday is notable for what’s missing: […]
For many of the Iranian director’s fans, the award was a source of pride: Iran mostly makes the news outside their country for missile tests or for orchestrated anti-Western rallies, they point out. Continue reading the main story At the heart of Mr. Farhadi’s films are the social struggles that many urban Iranians face daily: divorce, migration, domestic violence and the small but destructive lies that are […]
By Jonathan Allen | NEW YORK NEW YORK Supporters of U.S. President Donald Trump are holding rallies in towns and cities across the country on Monday, partly as a rebuttal to waves of anti-Trump protests that have taken place since the Republican’s election last November. Trump is not scheduled to appear at any of this week’s rallies, which are being held in cities small and large, from […]
PwC, the accountancy firm that has been responsible for counting Oscars votes for 80 years, has apologised for handing presenters the wrong envelopes for the best picture award, causing the Academy Award’s top prize to be erroneously handed to La La Land. Moonlight, an evocative coming of age story about a young gay black man, was the actual winner of the best picture Oscar but was almost […]
1 of 18 The 89th Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS), honoured the best films of 2016. (Getty Images) 2 of 18 Jeremy Kleiner, Adele Romanski and Barry Jenkins poses with the Oscar for Best Picture during the 89th Annual Academy Awards on February 26, 2017, in Hollywood, California. (FREDERIC J. BROWN/AFP/Getty Images) 3 of 18 Casey Affleck poses […]
CAIRO, Egypt: An Egyptian lawmaker started collecting signatures on Sunday for a motion to extend presidential terms and lift restrictions on re-election — a year before general-turned-president Abdel Fattah El-Sisi’s first term is due to expire.As defense minister, Sissi overthrew elected President Mohammed Mursi, a Muslim Brotherhood official, in mid-2013 following mass protests against his rule and launched a crackdown on Egypt’s oldest Islamist movement.El-Sissi, now 62, […]
Amazon Web Services is currently dominating the cloud services market that even Google and Microsoft have decided to branch out and build their own public cloud storage services for consumers. Even with two established tech companies treading into its territory, however, Amazon is not backing down and has, instead, launched productivity services that both Microsoft and Google have offered. AWS’s first strike happened in 2015 when it launched WorkMail, […]
By Stephen Kalin | MOSUL, Iraq MOSUL, Iraq U.S.-backed Iraqi forces pushed deeper into western Mosul on Sunday, aiming to capture a bridge across the Tigris which would link the city’s government-held eastern bank with the ongoing offensive against remaining militants in the west. The bridge is the southernmost of five bridges spanning the Tigris. All were damaged in strikes by the U.S.-led air coalition, and later […]
Etihad Rail, the developer and operator of the UAE’s multi-billion dollar national railway network, has announced it has transported 10 million tonnes of granulated sulphur for the Abu Dhabi National Oil Company (ADNOC) since launching stage 1 operations. Two trains move along the phase 1 network daily under the current timetable from Shah and Habshan to its point of export at Ruwais, each carrying up to 11,000 […]
LONDON Islamic State militants are planning “indiscriminate attacks on innocent civilians” in Britain on a scale similar to those staged by the Irish Republican Army 40 years ago, the head of the country’s new terrorism watchdog said. In an interview with the Sunday Telegraph published on Sunday, Max Hill, the lawyer tasked with overseeing British laws on terrorism, said the militants were targeting cities and posed “an […]
MOSCOW Russia has released anti-Kremlin activist Ildar Dadin from a Siberian prison, freeing the first person jailed under new rules that made some forms of non-violent protest a criminal offence, his lawyer told Reuters on Sunday. Dadin’s release had been expected after the Supreme Court had overturned his conviction on Wednesday. He was originally sentenced in December 2015 to three years in jail — later reduced on […]
o Food consumption in the GCC to expand at a 4.2 per cent from 48.1 million MT in 2016 to 59.2 million MT in 2021 o Consumers spending Dh250 worth of Prestige cookware/kitchenware products is guaranteed of winning something back! 26 February 2017o Food import bill is expected to have crossed US29.17 billion in 2016 o UAE’s packaged food import bill reached US$4.3 billion in […]
In a small office on Rue du Faubourg Saint-Honoré, the same Paris street as the Élysée Palace, the secretive “ideas and images” online unit of France’s far-right National Front was planning its next attack. As the battle for the presidency hotted up, signs that Emmanuel Macron, the centrist presidential contender, was polling strongly raised the possibility that he would make the second round vote to face FN […]
DUBAI // “It’s New Year’s Eve all over again … but the real way we should have celebrated,” declared Mariah Carey, launching into Emotions at Dubai Jazz Festival — and tackling the elephant in the room head-on. Thursday’s concert was Carey’s first public gig since that over-reported, televised “meltdown” on Dick Clark’s New Year’s Rockin’ Eve, in which she embarrassingly struggled through the same song, and was […]
Eat the World DXB is in full swing this weekend, with 25 international street-food traders from the United Kingdom, the United States and Singapore serving up street food with vendors from the UAE (each street food trader is cleverly marked by its country’s flag). Held in Burj Park with a close-up view of the Burj Khalifa, the festival has plenty of food on offer, a host of […]
