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New Zealand telecommunications carrier TeamTalk has urged its shareholders to reject the “predatory” and “exploitative” takeover by mobile carrier Spark, obtaining an independent assessment to demonstrate that the acquisition undervalues the company’s value to the tune of around NZ$22.8 million to NZ$39.6 million. “Your directors recommend that you reject the Spark offer,” TeamTalk headed its latest missive to shareholders. “The independent adviser’s value range for TeamTalk’s three […]

In the wake of the terror attacks in England, France, Germany and elsewhere, can we finally admit that the war on terror is an utter and complete failure? 10 Ways to Reduce Terrorism So if the war on terror has failed, what should we do to stop terrorists? I. Stop Overthrowing the Moderates and Arming Crazies We know it’s a difficult concept to grasp, but if we […]

Virtustream announced on Thursday that its enterprise cloud platform is officially available in Australia and New Zealand. The cloud company — which was acquired by EMC in 2015 for $1.2 billion, before the storage giant itself was acquired by Dell for $67 billion in 2016 — said the expansion is a strategic response to customers that are looking to bring their products and services to the ANZ […]

Rex Tillerson says he did not seek to be US secretary of state but was persuaded to take the job by his wife, who told him “God’s not through with you”. “I was supposed to retire in March, this month. I was going to go to the ranch to be with my grandkids,” the 64-year-old former oil executive told the Independent Journal Review in his first full-length […]

Markets now and again behave in ways least expected, none more so than the resilience of emerging market currencies against the US dollar. Two of the main factors underpinning EM foreign exchange flows — globalisation and oil — are going the wrong way. Globalisation looks more vulnerable than ever following the G20 finance ministers’ meeting that pointedly failed to include the need to fight protectionism in its […]

The majority of news coverage in the United States is still written or produced by men, according to a report released today by the Women’s Media Center. At 20 of the nation’s top media outlets, men produce about 62.3 percent of news coverage, according to the report, which examined 24,117 pieces of content from newspapers, wire services, television and internet media. The report, the fifth annual edition […]

Stock markets suffered their worst falls since the election of Donald Trump as Wall Street worries about the prospects for the US president’s pro-business agenda triggered a rush for financial havens. US markets led the declines, with the benchmark S&P 500 index tumbling 1.2 per cent and breaking a run of 109 trading days without a drop of 1 per cent or more. The Dow Jones Industrial […]

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22 March 2017 EastNets, (eastnets.com), a leading provider of innovative global compliance and payments solutions, successfully held its 14th Annual Conference 2017 from 7th-9th March at The Grand Millennium Hotel, Amman Jordan. The event was described as one of the company’s most inspiring annual conferences, which has been a company tradition that has been in effect for the last 14 years.  This year’s rallying call was ’Growth: […]

Authored by Robert Parry via The Strategic Culture Foundation, The Kagan family, America’s neoconservative aristocracy, has reemerged having recovered from the letdown over not gaining its expected influence from the election of Hillary Clinton and from its loss of official power at the start of the Trump presidency. Former Assistant Secretary of State for European Affairs Victoria Nuland, who pushed for the Ukraine coup and helped pick […]

Tuesday 18:30 GMT What you need to know ● Sell off in financials drives S&P 500 down 1 per cent● Euro climbs to $1.08 and dollar index slips below 100● 10-year Treasury yield at lowest since start of month● Oil prices come under renewed pressure● Gold heads for fifth daily rise in a row——————- Overview A sharp and sudden sell-off for US financial stocks helped put the […]

DE LIMA SUPPORT While oral arguments continued on Tuesday at the Supreme Court on Sen. Leila de Lima’s petition questioning her arrest on drug trafficking charges, her supporters outside the court once again demand her release. —RICHARD A. REYES Justices of the Supreme Court on Tuesday hinted that detained Sen. Leila de Lima’s petition questioning her arrest might be headed for an outright dismissal due to violations […]

By Luke Baker | JERUSALEM JERUSALEM Russia and other world powers must move to limit Iran’s growing military strength in Syria because it poses a regional threat, the director-general of Israel’s Intelligence Ministry told Reuters in an interview. Israeli officials estimate Iran commands at least 25,000 fighters in Syria, including members of its own Revolutionary Guard, Shi’ite militants from Iraq and recruits from Afghanistan and Pakistan. It […]

21 March 2017 ZEDRA the independent global fund specialist in Trust, Corporate and Fund services can announce it has placed an order with Sovos – the tax compliance software experts – for its AEOI Reporting solution. Once implemented, the solution will help ZEDRA meet the demands of their tax, compliance and reporting obligations in line with its rapid rate of growth. More than 100 tax jurisdictions have […]

The former IRA commander turned Northern Ireland peace negotiator Martin McGuinness, has died at the age of 66. McGuinness had been in declining health for months and decided not to stand for re-election in last month’s Northern Ireland election, citing his worsening illness. Sinn Fein. the Irish republican party, said in a statement on Tuesday: “It is with deep regret and sadness that we have learnt of […]

Authored by Melkulangara Bhadrakumar via The Strategic Culture Foundation, The common thread running through the two major ‘hot spots’ in the Middle East today – the conflicts in Syria and Libya – is undoubtedly the threat to international security from the extremist groups operating in these theatres. Therefore, Syria and Libya become test cases of the efficacy of the international community – Russia and the United States […]

21 March 2017 Dubai, United Arab Emirates – HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) second phase of the Mohammed bin Rashid Al Maktoum Solar Park. The project reflects a new era in the excellence and leadership of the UAE, as it increases the share of clean and renewable energy. […]

The UAE has pledged US$15 million (Dh55m) to a historic alliance to protect cultural heritage sites threatened by war and extremism. The Emirates was among the world donors that pledged more than $75m during a conference at the Louvre Museum in Paris, attended by Sheikh Saif bin Zayed, Deputy Prime Minister and Minister of Interior, French president Francois Hollande and other officials. The conference established the International […]

Big Chinese cities have launched a new round of lending curbs and purchase restrictions in an effort to cool overheated property markets, as official media warn that some have veered towards a bubble.  Sky-high prices in cities including Beijing, Shanghai, and Shenzhen are stoking anger, even among relatively well-off professionals. Meanwhile, controlling financial risk has emerged as the dominant economic policy theme for 2017. At the conclusion of the […]

“I think this administration wants to be more engaged in fighting terrorism,” Mr. Abadi added. “I sense a difference in terms of being head-to-head with terrorism.” Continue reading the main story Neither American nor Iraqi officials, however, explained what economic support might be provided by the United States and the international community to help rebuild Iraqi cities that have been damaged during the conflict. Nor did they […]

The Authority marks the day with a range of internal and external initiatives to spread joy inside the Authority and beyond to the whole community 20 March 2017 Dubai, UAE – Dubai Culture & Arts Authority, the Emirate’s dedicated entity for culture, arts and heritage, has celebrated International Happiness Day 2017 with a range of internal and external initiatives that have spread joy inside the Authority and […]

When Tim Armour graduated from Middlebury College, a liberal arts institution in Vermont, he faced a conundrum. He could either accept a graduate programme slot at a West Coast investment group, or go and run a windsurf shop in Florida. Because he loved to windsurf but did not want to turn down a more sensible job, he asked the asset manager whether he could put off the […]

By Lawrence Hurley and Andrew Chung | WASHINGTON WASHINGTON Democrats raised questions on Monday about whether Neil Gorsuch, President Donald Trump’s U.S. Supreme Court nominee, would rule against abortion rights and gun control while favouring corporations as his Senate confirmation hearing began, with the court’s ideological balance at stake. Judiciary Committee Republicans praised Gorsuch, the conservative appeals court judge from Colorado nominated by Trump on Jan. 31, […]

It has been clear for months that Mosul will be liberated. And sure enough, Iraqi forces backed by U.S. assistance and firepower are now moving to clear the remaining western neighborhoods of Iraq’s second-biggest city. Islamic State leaders have reportedly fled the city and military operations will soon be complete. Success in Mosul is a testament to the determination of the Iraqi forces that have lead this […]

Credit: Disney Research Disney Research scientists have found innovative ways to enhance virtual experiences involving interactions with physical objects by showing how a person using a virtual reality system can use it to reliably catch a real ball. “Catching and feeling the real ball in your hand makes VR much richer, more believable, more exciting, more interactive, more dynamic, more real,” said Günter Niemeyer, senior research scientist. […]

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