Greece has wrapped up a deal with creditors on details of reforms that must be enacted before the country can receive the next disbursement from its €86bn bailout programme. The deal, which covers a wide range of fiscal and structural measures, from fresh cuts in pensions to liberalising Sunday trading, was completed during intensive talks over the past week after months of wrangling between Greek finance ministry […]
PARIS Aides of French far-right presidential candidate Marine Le Pen on Tuesday brushed off criticism of her use of phrases lifted straight from a speech by conservative rival Francois Fillon in her May Day address to supporters. Florian Philippot, deputy leader of Le Pen’s anti-European Union, National Front (FN) party, said the party “completely owned up” to the fact that the speech resembled one by Fillon a […]
Tuesday 06:00 BST Overview Stocks across Asia were mixed on Tuesday as investors grappled with Wall Street’s lowest level of volatility since before the financial crisis amid a holiday-interrupted week. European bourses are expected to open higher, with spreadbetters predicting the UK’s FTSE 100 will climb 26 points to 7,230 and Germany’s Dax to gain 22 points to 12,460. US index futures suggest the S&P 500 will […]
Infosys, the Indian IT services company that stands to be one of the biggest losers from a US visa crackdown, plans to hire 10,000 Americans in the next two years, according to the company’s chief executive. News of the hiring spree, due to be announced on Tuesday, is likely to be seen as a win for the White House as it tries to push companies into creating […]
Janet Jackson performs last March in Dubai, United Arab Emirates.Image: Francois Nel/Getty Images By Josh Dickey2017-05-02 01:36:53 UTC Janet’s back, and there’s nothing nasty about it. Janet Jackson’s official website carried a curious count-down clock that had fans wondering what news its expiration would bring Monday morning — especially since her long-awaited “Unbreakable” tour was postponed last year. But by afternoon, the clock had disappeared — then […]
Wall Street’s so-called fear gauge slid to its lowest level since before the credit crisis on Monday as the broad US stock market inched closer to a new all-time high and the technology-heavy Nasdaq Composite closed at a record. The Chicago Board Options Exchange’s implied volatility index, also known as the Vix, slipped as much as 9 per cent on Monday afternoon to touch 9.90, its lowest […]
May 2, 2017 by: Katrina Manson in New York President Donald Trump said on Monday that he would be “honoured” to meet North Korean leader Kim Jong Un under the right circumstances, despite historic levels of mistrust and tension between the world’s superpower and the rogue state over its nuclear ambitions. Mr Trump’s comments contrast with his hardline stance on Pyongyang and Friday’s call from Rex Tillerson, […]
US stock markets climbed higher on Monday, as bipartisan agreement over a US budget deal overpowered weak manufacturing data in the US and China, with European markets closed for the May bank holiday. The benchmark S&P 500 climbed 0.3 per cent by midday in New York on news of the budget deal, shrugging off an initial tumble when data from the Institute for Supply Management showed America’s […]
Bill Shine, co-president of Fox News Channel, has become the latest executive to resign in the wake of a sexual misconduct scandal at the cable channel, and will be partly replaced by Fox’s highest-ranking female executive. The exit of Shine, who has been with Twenty-First Century Fox Inc’s Fox News since its inception over 20 years ago, marks an important step in the attempt by Rupert Murdoch […]
Your daily guide to community and cultural activities across the Emirates for May 2, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Fitness event Register […]
Hamas, the militant Islamist group, on Monday dropped a call for Israel’s destruction and endorsed the creation of a Palestinian state inside 1967 borders, in a rhetorical shift that analysts said reflected the group’s political ambitions and changing priorities in a new Middle East. A policy paper released in Doha by Khaled Meshaal, Hamas’s political leader, described the creation of an interim Palestinian state in the 1967 […]
Between Thumbtack, Yelp Angie’s List, and Amazon, it wouldn’t appear that the world needs a new platform that matches customers with service professionals. That’s not the way that Julio Vasconcellos sees it, clearly. Vasconcellos has spent the last year-plus working on a services platform called Prefer that relies exclusively on trusted referrals, replacing the wisdom of crowds with the wisdom of one’s friends when it comes to hiring a babysitter or accountant or housekeeper. In […]
US corporate boardrooms’ approval of share buyback plans has fallen to its lowest level since 2012, signalling that the stock market’s surge to further highs this year is curbing a key source of demand for equities. Companies on the S&P 500 index have authorised $146bn in share buybacks this year, down 15 per cent from a year ago, according to data from Goldman Sachs. Executives have also […]
(Image: stock photo) If something seems too good to be true, it probably is. In the cybersecurity world, if something is said to be “unhackable” or provides “absolute security,” you should run for the hills, because — spoiler alert — there is no such thing as “absolute” security. Anyone who tells you otherwise is stupid enough not to know, or smart enough to try to lie. Enter […]
France’s presidential candidates battled for the working-class vote in a day of sometimes violent protests ahead of next Sunday’s election. As May Day workers’ rights marches were being held across the country, the National Front’s Marine Le Pen attacked her rival Emmanuel Macron as an “enemy of the people” who represented finance and “savage globalisation”. The rancour and confusion of the campaign spilled on to the streets, […]
Mr. Abbas was scheduled to meet with Mr. Trump in Washington on Wednesday as the sole representative of the Palestinian people. He has sought in recent weeks to rein in Hamas, cutting salaries and refusing to pay for electricity, in a bid to undermine the group’s authority. Gazans now have only a few hours of power a day. Continue reading the main story “Whether it’s a coincidence […]
Inflight meals have been a topic of discussion amongst travellers for as long as they are being served. Some passengers simply hate the taste and smell of onboard catering, others can’t seem to get enough of those little portions, packed for heating up in the air. Obviously, there are huge qualitative differences when it comes to the cuisine onboard, depending on the airline and of course, the […]
Theresa May’s critics have attacked the British prime minister for having “no plan” over Brexit in the wake of a leaked account of a private dinner that heightened tensions between Brussels and London. A report published in the Frankfurter Allgemeine Sonntagszeitung portrayed last Wednesday’s dinner between Mrs May and European Commission president Jean-Claude Juncker as a disaster. According to the FAZ, commission officials were astonished at Mrs […]
SGX, the Singapore Exchange, is looking to further boost its Chinese derivatives business by offering to collaborate with a planned new local futures venture backed by the founders of one of China’s largest hedge funds. Loh Boon Chye, the bourse’s chief executive, told the Financial Times he was willing to open its clearing infrastructure to the challenger, called Apex, so it could conduct futures trading in the […]
April 30, 2017 by: Matthew Garrahan in New York Rupert Murdoch’s 21st Century Fox is in talks with Blackstone, the private equity firm, to launch a joint bid for Tribune Media, which owns a portfolio of US television networks, according to two people familiar with the negotiations. The two companies hope to trump a rival offer from Sinclair Broadcasting, another owner of US television networks. 21st Century […]
Late on Friday afternoon, the Commissioner of the Australian Federal Police waltzed out in front of the microphones and admitted that his agency had misused the metadata that the nation’s telecommunication companies are forced to store. It was a stunning admission. The nation had barely made it a fortnight since the deadline for telcos to have their data retention systems in place had passed, yet here was […]
Editor’s note: This post was originally published on Scott Helme’s blog, and was reprinted to ZDNet with permission. I was recently invited to take part in some research by BBC Click, alongside Professor Alan Woodward, to analyse a device that had quite a lot of people all excited. With slick marketing, catchy tag lines and some pretty bold claims about their security, nomx claim to have cracked […]
Many artists have drawn inspiration from Abu Dhabi’s sweeping sand dunes. But when Anna Kurkova contemplated the desert, she saw an opportunity to make a statement about recycling and humanity’s duty of care for the environment. The reward for her vision was the Christo and Jeanne-Claude Award, a coveted art prize named after the renowned husband-and-wife artist team who helped to redefine the boundaries of contemporary art […]
Mexico is urging Donald Trump to reuse agreements reached under the aborted Trans-Pacific Partnership to create a manufacturing powerhouse between the US, Mexico and Canada to compete with low-cost producers in China. Ildefonso Guajardo, Mexico’s economy minister, said in an interview with the Financial Times that elements of TPP could be used to renegotiate the North American Free Trade Agreement between the three countries. His comments came […]
