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Integrated lifestyle development establishes a new benchmark for experiential travel in the region Dubai, UAE – 27 April 2017 – Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, together with Marriott International (NASDAQ: MAR) today announced plans to launch the region’s first cinema-themed concept at Aloft Dubai City Centre Deira. The concept will feature a unique […]

The Nintendo Switch could one day be capable of playing virtual reality titles. Even Nintendo itself acknowledges the thought, having detailed such functionality inside the Switch’s patents released a while back. Now, a YouTuber has tested that ahead of everyone else, and the results are, well, ample food for thought. Nintendo Switch: Is Virtual Reality On The Cards? First off, virtual reality on the Switch is indeed possible […]

By Joseph Nasr | DORTMUND, Germany DORTMUND, Germany For all its economic success, Germany has a growing problem with inequality and poverty, and yet Chancellor Angela Merkel seems to be deflecting the blame so far as the battlelines are drawn for elections in September. GRAPHIC – German income inequality tmsnrt.rs/2p3AtK4 Renowned for its highly-skilled workforce, Germany has in fact a greater proportion of working poor – people […]

By Brian Ellsworth | CARACAS CARACAS Protesters blocked a highway in Venezuela’s capital Caracas for nearly eight hours this week in an effort to show the opposition’s dedication to civil disobedience as their main tool to resist President Nicolas Maduro. But by the end of the afternoon, hooded youths had filled the highway with burning debris, looted a government storage site, torched two trucks and stolen medical […]

By Mica Rosenberg and Dan Levine | NEW YORK/SAN FRANCISCO NEW YORK/SAN FRANCISCO Even if President Donald Trump wins an appeal of a court ruling blocking his executive order on sanctuary cities, arguments made by the government in the case could permanently harm its efforts to cut off federal funding to targeted cities, some legal experts say. Trump’s original order, issued on Jan. 25, stated that cities […]

· “The Middle East remains an extremely important region and we are committed to enhancing our customer experience,” says Robert Williams · British Airways’ recently announced investment plans to boost customer experience with the new First Wing now open to passengers flying from Kuwait · Airline set to launch 22 New Routes in 2017 expanding its network of onward connections for Kuwaiti and wider Middle […]

There was some snickering two days ago when it emerged that as his first paid speech appearance, former president Barack Obama who – at least on paper was a determined crusader against the big banks – will receive $400,000 for roughly an hour of his time from, well, a bank or rather Cantor Fitzgerald. Moments ago, Obama seemingly concerned by the public response the news has generated, […]

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Artist’s impression of a diamond quantum sensor Image: David A. Broadway/cqc2t.org Researchers at the University of Melbourne (UoM) have announced a boost to the development of future electronics, producing imagery of electrons moving in two-dimensional graphene. In the above image, the spotlight-like shine below the diamond represents light passing through the diamond defect and detecting the movement of electrons. Electrons are shown as red spheres, trailed by […]

ESPN on Wednesday went through with a long-awaited round of layoffs that will trim about 100 commentators from the sports network’s payroll as cord-cutters and digital media upstarts continue to disrupt the broadcaster’s business model. Among those laid off are on-camera personalities that have become familiar faces on the network’s coverage of hockey, football and baseball and writers for ESPN’s digital platforms. ESPN President John Skipper announced […]

Google’s internal startup incubator, Area 120, unveiled last year, has to date led to the creation of a number of projects, including a personal stylist app Tailor, a voice messenger Supersonic, and most recently, an app for watching YouTube videos together called Uptime. We’ve now spotted another app in development over there called Appointments, a salon booking tool. Appointments has not yet been publicly released to the app stores […]

On Saturday April 22, 2017, Expedition 51 Flight Engineer Thomas Pesquet of the European Space Agency photographed Orbital ATK’s Cygnus spacecraft as it approached the International Space Station. Using the station’s robotic Canadarm2, Cygnus was successfully captured by Pesquet and Commander Peggy Whitson at 6:05 a.m. EDT Saturday morning. Source link

French presidential frontrunner Emmanuel Macron was ambushed on the campaign trail on Wednesday by far-right rival Marine Le Pen, with the rivals for the Elysée Palace clashing over globalisation and compounding a shaky start for Mr Macron in the final two weeks of the election race. The rivals’ visits to a factory in Amiens in northern France came on what was the first day of vigorous campaigning […]

‘Dubai Expert’ announced a first-of-its-kind destination travel trade training programme that will be rolled out to travel agents from around the world 26 April 2017 Dubai, UAE – Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), has announced the launch of “Dubai Expert”, an innovative online educational game that has been created exclusively for travel agents. The announcement was made to travel professionals attending this year’s […]

This piece originally appeared in Local Edition, our newsletter following the digital transformation of local news. Want to be part of the conversation? You can sign up here. What do you need to unlearn to stay in journalism? This week, two journalists named almost exactly the same thing. That’s not rare, but it struck me as interesting because they’re at such different points in their career. Here’s what they […]

Credit Suisse has launched a SFr4bn ($4bn) share issue and said it will abandon plans to list its Swiss division in an attempt to draw a line under capital fears that have dogged the bank since chief executive Tidjane Thiam took over two years ago.  Investors expected the bank’s quarterly earnings on Wednesday to feature only limited news on its much-anticipated capital plans since it is not […]

An estimated 2 million Android users have now fallen victim to malware mistakenly downloaded from Google Play, which was initially reported to have affected approximately 600,000 users. The malware, dubbed FalseGuide, was hidden in more than 40 guide apps for games, the oldest of which was uploaded to Google Play as early as November last year, security researchers from Check Point said. “Since April 24, when the […]

TOKYO McDonald’s Corp (MCD.N) has put on hold plans to sell shares in its Japan unit, which recently returned to profit for the first time in three years after a series of food scandals shook consumer confidence in the chain. The fast food giant has “made the decision to not proceed with the transaction at this time,” Chief Finance Officer Kevin M. Ozan told investors on a […]

Government incentive programs — such as the investment tax credit (ITC) and California Solar Initiative (CSI — increased the number of commercial solar PV adoptions. Credit: Wang, Yu and Johnson One key goal for renewable energy in the United States is to promote the continued adoption of solar photovoltaic (PV) systems to reduce greenhouse gas emissions and create a clean energy workforce. Federal and state governments are […]

86 percent of the total attacks experienced by Australia during a 12-month period originated from within the country’s borders, a report from NTT Security has found. The United States was the source of 9 percent of the total attacks, while Germany accounted for 1 percent. According to the NTT Security Global Threat Intelligence Report 2017, remote administration was the top service used in attacks against Australia, with […]

By Andrew Cawthorne and Diego Oré | CARACAS CARACAS Two Venezuelan men died on Tuesday from gunshots at political demonstrations, bringing to 26 the number of fatalities around this month’s protests against President Nicolas Maduro’s socialist government. The state prosecutor’s office said Orlando Medina, 23, was gunned down on a street in western Lara state during a protest local media identified as anti-Maduro. Luis Marquez, 52, died […]

A federal court has blocked President Donald Trump’s executive order on sanctuary cities on the grounds that it is unconstitutional, in another legal setback for the administration. The nationwide injunction granted on Tuesday by a federal judge in San Francisco will prevent the executive order, signed just days after Mr Trump’s inauguration, from being enforced while its legal merits are debated. “This is a very aggressive use […]

Several months ago, when it was still conventional wisdom that Trump wanted to replace Janet Yellen – at least until Trump’s famous WSJ interview in which he flipped on this and various other issues – with a hawk once her turn runs out in 2018, the financial punditry was busy coming up with potential replacement names, a practice which gradually faded away once it emerged that Trump […]

25 April 2017 Dubai, UAE – Global Islamic Finance Report (GIFR) 2017, the oldest yearbook in Islamic banking and finance, was launched yesterday in Fairmont The Palm, Dubai by Mr Abdulla Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre. According to GIFR 2017, the estimated figure for the global Islamic financial industry in 2016 is US$2.293 trillion after recording a growth of 7%. This, however, […]

There is no love lost between French luxury house LVMH and its smaller rival Hermès despite the financial ties between them. In 2011, then-Hermès chief executive Patrick Thomas reacted with absolute fury when he learnt that LVMH had used derivatives to build up a stake in the company. In a notoriously crude statement, he said: “If you want to seduce a beautiful woman, you don’t start by […]

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