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COLOGNE, Germany Two police officers were injured and a police car was set ablaze during protests in Cologne on Saturday, police said, as some 600 delegates of the deeply divided anti-immigration Alternative for Germany (AfD) party met to discuss policy for September’s national elections. AfD co-chief Frauke Petry suffered a crushing blow at the start of the congress when delegates voted down her motion calling for efforts […]

Credit: CC0 Public Domain Will a robot take away my job? Many people ask that question, yet policymakers don’t have the kind of information they need to answer it intelligently, say the authors of a new study from the National Academies of Sciences, Engineering and Medicine (NASEM). “Policymakers are flying blind into what has been called the fourth industrial revolution,” said Tom M. Mitchell, the E. Fredkin […]

Apple has developed a testing procedure for drivers who would act as failsafe controls during autonomous vehicle testing, documents discovered by Business Insider via a public records request show. The documents detail the testing procedure that Apple has created in order to comply with the California Department of Motor Vehicle’s rules regarding autonomous testing on state roads. Business Insider’s report on the documents detail the development platform being used by […]

Oil producers are moving closer towards agreement on extending the Opec-led deal to limit output, Saudi Arabia’s energy minister said on Thursday, as the cartel battles excess stockpiles and a resurgent US shale industry that have weighed on prices. Khalid al-Falih said the deal could be run for another three to six months beyond the end of June. Under the terms of the existing accord, Opec members […]

After a surly first conversation between the two leaders in January that rattled the United States and Australia’s long-standing alliance, Pence will take a more amiable approach and try to focus on cooperation on trade, defence and more. Trump reportedly exploded and cut short the call when he was told about a deal to move some refugees from Australia to America. That left some in Australia questioning […]

Investor sentiment is leaning towards a market-friendly outcome ahead of Sunday’s first round of voting in the French presidential election. The euro was on course for its best week in three months near $1.07, while a key proxy of election risk, the premium demanded by investors to own French government bonds over German Bunds, has narrowed sharply. “The most likely outcome is for a second round run-off […]

Blue whales are currently the largest animals alive on Earth both on and off the endangered species list so it is only natural that humans are interested in its feeding habits. Tech Times reported from previous studies that blue whales apply efficient feeding strategies when it comes to foraging for krill — its main diet — but it is only now that we finally get to see the massive animal in action. […]

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Dubai-based retailer Marka has announced that it is opening the first Reem Al Bawadi outlet in Abu Dhabi as part of its ongoing expansion plans for its flagship brand. The new restaurant brings Reem Al Bawadi to Dalma Mall and will offer a total capacity of 243 covers, with 111 seats inside and 132 seats outside. The venue, which will open this spring, also features a TV […]

The narrative of shiny Silicon Valley topping decrepit Detroit in the race to develop self-driving cars has become a recurring theme in recent years. Just as tech companies have reinvented (dare we say, disrupted?) everything from telephones to how we consume music, the thinking goes, so too will they leave traditional automakers in the dust when it comes to autonomous cars. While it’s true that […]

By Maiya Keidan and Jemima Kelly | LONDON LONDON Hedge funds lost out on Tuesday after British Prime Minister Theresa May shocked markets by calling a snap election, but those led by humans outsmarted those led by machines, in a reversal of fortunes from the Brexit referendum. While computer-driven hedge funds garnered plaudits for their outperformance in the wake of Britain’s shock vote to leave the European […]

ABU DHABI // The attack on the UAE’s humanitarian convoy in Somalia on Wednesday will only strengthen the Emirates’ will to support peace and stability in the region, security experts said. “This incident is not going to deter the UAE from being active in the humanitarian field, where it has been active in the past few decades,” said Ahmed Al Attar, assistant director of defence and security […]

The biggest risk, critics say, is that Mr. Trump will talk himself into a war. Only slightly less dangerously, he could weaken the nation’s standing by backing off from a threat to use force. Continue reading the main story “In Beijing, Moscow, Tehran, they are recalibrating their strategies — you can’t deny it — because they don’t have any idea of how Trump will respond,” said Senator […]

The chairman of Saudi-based construction giant Dar Al-Arkan on Wednesay rang the market opening bell to celebrate the listing of a $500 million sukuk on Nasdaq Dubai, the region’s international exchange. Yousef Bin Abdullah Al-Shelash said the listing provides support for Dar Al-Arkan’s capital-raising strategy as it prepares for further property development activities across Saudi Arabia. The sukuk was two times oversubscribed and received significant interest from […]

Poland’s NC Cyber director Juliusz Brzostek: “Our role is to secure national assets, which means that we protect key services.” Image: Bogdanski/NC Cyber With the NIS directive on protecting national network and systems in place since last year, EU countries are now having to streamline their cybersecurity efforts. The directive requires them to set up computer security incident response teams (CSIRTs) and computer emergency response teams, or […]

Google is reportedly planning to equip Chrome with a built-in ad blocker, which is quite of a shock considering Google’s biggest money-making strategy is through advertisements. So why is the search company baking an ad blocker into Chrome, the most popular web browser in the world? What Are You Thinking, Google? As The Wall Street Journal reports, the ad block move is a “defensive” one, as described by people […]

April 20, 2017 The UAE Banks Federation (UBF), a professional body representing 49 member banks operating in the UAE, today hosted a high-level delegation from SWIFT, the global provider of secure financial messaging services. The delegation – led by Mr. Alain Raes, Chief Executive for Europe, Middle East and Africa and Asia Pacific for SWIFT – met with UBF’s executive management and chairmen of concerned technical committees […]

WASHINGTON A Russian government think tank controlled by Vladimir Putin developed a plan to swing the 2016 U.S. presidential election to Donald Trump and undermine voters’ faith in the American electoral system, three current and four former U.S. officials told Reuters. They described two confidential documents from the think tank as providing the framework and rationale for what U.S. intelligence agencies have concluded was an intensive effort […]

At the second day of its F8 Conference, Facebook announced the second-generation Surround 360 VR cameras, and the company is serious about commercializing them, as opposed to last time’s strategy. Facebook Outs 2nd-Generation Surround 360 Cameras Facebook unveiled the first Surround 360 camera last year not as a full-fledged product, but as an open-source guide for third-party developers to build upon. The second-generation Surround 360 cameras have been […]

“O’Reilly Factor” host Bill O’Reilly has been ousted from Fox News amid a growing furor over sexual harassment allegations and multiple confidential settlements with former employees at the network. O’Reilly, whose perennial ratings success over multiple decades earned him the moniker “the King of Cable News,” will not be returning to the network from a vacation to Italy announced last week after a New York Times article […]

19 April 2017 The Bank recorded a Net Profit of BD 14.74 million (US$ 39.20 million) for the first quarter of 2017 compared to BD 17.76 million (US$ 47.23 million) for the corresponding period of the previous year, a decrease of 17.0 percent. The Bank achieved an Operating Profit of BD 19.05 Million (US$ 50.66 Million) for the first quarter of 2017, an increase of 3.8 percent […]

By Norihiko Shirouzu | SHANGHAI SHANGHAI The automotive industry’s seemingly inexorable drive towards electric cars – and especially Chinese polices pushing new energy vehicles – has forced Toyota Motor Corp (7203.T), the world’s No.2 automaker by sales, into what one executive calls an “agonizing” strategy U-turn. Until recently, Toyota was one of the industry’s major hold-outs against full electrification, and planned to more or less skip all-electric […]

The near-5 per cent advance in the $20tn benchmark S&P 500 this year has been reliant on the performance of only a few dozen stocks — with gains by the likes of Apple and Facebook accounting for more than 20 per cent of the index’s climb. Ten stocks in the index, including ecommerce behemoth Amazon, Google owner Alphabet as well as the more defensive cigarette maker Philip […]

For the few who might not be familiar with the business, what’s the story behind Aldar? Aldar was founded just over a decade ago in 2005, and is now the leading real estate lifestyle developer in Abu Dhabi. Since we began, we have always pushed boundaries, resulting in some of Abu Dhabi’s most iconic real estate projects. Our business focuses on two main areas – real estate […]

Last summer Betsy O’Donovan, the incoming Executive Director of The Daily Tar Heel, wrote an essay on Medium charting the dire financial situation of UNC-Chapel Hill’s student newspaper. It started pretty bluntly: “The Daily Tar Heel is a news organization, and we don’t dodge the facts: This 123-year-old institution has two years to figure out its finances.” The Daily Tar Heel, like many news organizations these days, […]

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