SpaceX on Thursday became the first space company to use a recycled rocket to send a payload into orbit, paving the way for a sharp drop in launch costs that is a key part of its long-term plan to carry passengers to Mars. The Los Angeles-based company sent a rocket into orbit using a main booster stage that first flew on April 6 last year. It also […]
But it was not immediately clear whether the approval of the new settlement was meant to be a provocative move to scuttle the prospect of a revival of peace talks. Mr. Netanyahu said he was following through on a pledge he made a few weeks ago to 40 settler families who were evacuated from the illegal Amona outpost in the West Bank. That outpost was removed by […]
There ends a third and perhaps final attempt to unite the London Stock Exchange Group and Deutsche Börse. Do they remain independent or prizes for rivals? One supposed reason for the deal was that without it both the LSE and Deutsche Börse viewed themselves as takeover targets. Now we are about to see whether that is truly the case. There are only three other global operators with bigger equity […]
Ousted South Korean president Park Geun-hye was arrested on Friday after a Seoul court issued a warrant in connection with the corruption and abuse-of-power scandal that ended her presidency, according to local media reports. Facing at least 13 charges, Ms Park is accused of letting a now-jailed confidante, Choi Soon-sil, meddle in state affairs and gain unauthorised access to classified documents, while colluding to extort massive donations […]
JPMorgan is in talks to buy a new building in Dublin, but has told London staff it will not “rush into any decisions” on how it will adjust its operations after Brexit. Bloomberg reported that the US bank was in talks to buy a 130,000 sq ft office in the centre of the Irish capital which could accommodate about 1,000 people. The bank declined to comment. The news […]
Elevate, one of the biggest subprime lenders in the US, is reviving plans to go public, seeking to cash in on a big lift in sentiment since the election victory of Donald Trump. Financial stocks have rallied hard since November 8, with big banks such as Bank of America rising as much as 50 per cent on hopes of fatter lending margins, lower taxes and lighter regulation. […]
Friday is inflation day. A quiet week for economic data springs into life with reports on Japanese jobs and industrial production; French consumer spending; German unemployment; UK GDP; and US personal income and consumer sentiment. Prices will be a constant theme, with various inflation iterations presented by Japan, France and the US — the latter in the form of the PCE deflator. But arguably the most intriguing […]
The best reporters learn how the world works, whether it’s the world of law enforcement, the laboratory, the zoning commission, the city council or the corporate boardroom. One of the best ways to provide excellent coverage is to focus your efforts. Here’s a checklist to help you think critically about how your spend your time: Enterprise Story Ideas: What are some investigative opportunities? What are some feature […]
PwC has managed to save its position overseeing the prizegiving at the Oscars ceremony, following a humiliating blunder by two employees last month that led to the wrong film being declared Best Picture. The Academy of Motion Picture Arts and Sciences had opened a review into the role of the accountancy firm, which has been in charge of the Oscars ballot since 1934, after Warren Beatty and […]
Thursday 08:35 BST What you need to know ● Stock markets mixed after Wall Street’s steady display● Shanghai Composite hits 6-week low amid liquidity concerns● Sterling holds above $1.24 as traders ponder Brexit implications● Dollar index above 100 as euro softens on ECB report● Oil prices add to Wednesday’s 2.1 per cent gain and gold dips——————- Hot topic Traders are keeping a wary eye on the action […]
Authored by Konstantin Richter via Politico.eu, Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve heard that one before, too.) But let’s just suppose that, when the […]
Europe became the main target for cross-border dealmaking in the first quarter of 2017, as US companies rode a Donald Trump-fuelled equity rally to hunt for bargains across the Atlantic. Mergers and acquisitions in Europe hit $215.3bn in the quarter, up 16 per cent compared to the same period a year ago. That marks the strongest start to the year for deals in the region since 2008, […]
Engineer Atsushi Shimizu, founder and CEO of the Japanese venture company Challenergy, stands next to his bladeless wind turbine in Tokyo Most people look for a place to hide when a typhoon is on the horizon, but Atsushi Shimizu hopes that the fury of nature may one day help resource-poor Japan tackle its energy woes. As thousands of Australians seek shelter from a “monster” cyclone battering the […]
Most people will tell you that where you stay on vacation doesn’t matter, that it’s the city that counts. I’ve unlearned this in my travels, so much so that I’ll pick a city to visit based on the place I can stay. How you experience a city has absolutely everything to do with the place you inhabit, particularly when you travel solo and are left to your […]
The White House has not abandoned hope that Congress could make another effort to pass healthcare legislation that Trump administration officials believe would ease resistance to enacting tax reform. President Donald Trump signalled last week that he would switch focus after Republican leaders in the House cancelled a vote to replace the Obamacare law because of disagreements inside their party. But the White House is making another […]
The commodities trading house Trafigura and a bank are testing blockchain as a way to settle deals in the US oil market, a sign of the potential for digital technology to change how barrels of crude are bought and sold. Blockchain is the electronic ledger originally built to underpin bitcoin markets. Promoters say it will lead to cheaper, more secure ways of settling all kinds of transactions, […]
Managing containers isn’t easy. That’s where such programs as Docker swarm mode, Kubernetes, and Mesosphere can make or break your containers initiatives. Perhaps the most popular of these, Kubernetes, has a new release, Kubernetes 1.6, that expands its reach by 50 percent to 5,000 node clusters. Conservatively, that means Kubernetes can manage 25,000 Docker containers at once. The latest Kubernetes makes managing huge numbers of containers easier […]
In this Wednesday, Oct. 26, 2016, file photo, Terry Myerson, Microsoft’s executive vice president of the Windows and Devices Group, discusses a Windows 10 update at a Microsoft media event in New York. The major update to Microsoft’s Windows 10 system will start reaching consumers and businesses on April 11, 2017. New features in the “Creators Update” include 3-D drawing tools, game-broadcasting capabilities and the ability to […]
The wait for Washington’s new Republican political establishment to take on the regulations that hold the country’s media, internet and communications industries in delicate balance is over. Both chambers of Congress have lined up over the past week to slash the power of regulators to limit the freedom of the country’s cable and telecoms giants. The opening shot came on Tuesday, as the House of Representatives voted […]
Hedge fund managers may be criticised for their recent returns but they have consistently displayed a razor sharp sense of timing when it comes to picking when to sell their own businesses. When Och-Ziff, the New York-based hedge fund founded by the former Goldman Sachs trader Daniel Och, decided to sell equity to the public markets it did so near the top of the market in late […]
If you’re like me, you’ve been building presentations for years. You probably started out making standard (4:3) size decks. These days, there is increasing demand for widescreen (16:9) decks. Different projects and clients demand different size decks. Sometimes it’s easy to mess up on a widescreen project, and build a deck in the standard size, the way you’ve been accustomed to doing it since the days of […]
In a country that is becoming increasingly modern and globalised, there is a renewed focus on what it means to be Emirati and what can be done to preserve local heritage. This weekend, the courtyard of Al Ain Palace will be transformed into a traditional market, with food stalls and demonstrations of traditional medicine practices, such as hijama and tajbeer splinting, for the campaign “My Heritage, My […]
Samsung launched its new Galaxy S8 smartphone with a bombastic event in New York, promising a “new beginning” for mobile handset design as well as for the Korean company amid a series of corporate crises. The Galaxy S8’s signature feature is a new “infinity display” which wraps around the edges of the device to give a larger screen in a smaller body. Claiming the biggest design breakthrough […]
When Charles Li was asked last week about the recent wild gyrations of some stocks in Hong Kong, the head of the Hong Kong Exchange compared the market to a city that is reasonably well-run but has “a few dark alleys and little corners”. “We all need to relax,” he added. “This is a great market. You don’t want the regulator to solve all your problems.” Investors […]
