logo

News related to
U S

ABU DHABI // Farmers and members of the Federal National Council called for more measures to protect local food prices from competition with cheap imports. Experts, however, said that such restrictions, proposed at the FNC meeting on Tuesday, could drastically raise food prices and would not solve the problem of water scarcity. FNC members had raised complaints from local farmers, who say their products are getting drowned […]

Donald Trump paid an effective tax rate of 25 per cent in 2005 on income of $150m, according to a leaked tax return that sheds a glint of light on the tax affairs the president has kept shrouded in secrecy. MSNBC reported that two pages of Mr Trump’s return — which revealed nothing about his income sources — showed the president paying $38m in tax and reporting […]

Wednesday 02:40 GMT Overview A rally in crude oil prices that erased the losses of the previous session failed to bolster energy stocks in Asia, as bond and currency traders also shunned major moves ahead of the US Federal Reserve’s interest rates decision later in the day. Hot topic Crude was climbing in Asia after a slide on Tuesday. Brent, the international benchmark, was up 1.3 per […]

Dutch voters head to the polls on Wednesday after Mark Rutte, prime minister, and rivals clashed over refugees, immigration and the economy in the last televised debate following an extraordinarily tight race. After a campaign that was interrupted by a diplomatic spat with Turkey, by fears of foreign interference and by a row over the security of populist Geert Wilders, the vote is set to be extremely […]

By Katharine Houreld | NAIROBI NAIROBI Pirates have hijacked an oil tanker with eight Sri Lankan crew on board, Somali authorities said on Tuesday, the first time a commercial ship has been seized in the region since 2012. Security forces have been sent to free the Aris 13, a regional police official said late on Tuesday. Graphic on track of suspected hijacked tanker: http:// fingfx.thomsonreuters.com/gfx/ce/3/868/868/ARIS13.png Graph showing […]

DUBAI // The UAE has more open communication with its citizens than people abroad realise, acording to a senior adviser at the Emirates Diplomatic Academy. Tom Fletcher, former British ambassador to Lebanon, said there was a perception in the West that the region was a more “closed world”. “But when most people come here, they can see it’s not the case and they can see this effort […]

Saudi Arabia, the world’s biggest oil exporter, moved to allay fears that the kingdom was backing away from its pledge to curb production, underlining its concern about a 10 per cent plunge in the crude price over the past week. The kingdom’s energy ministry rushed out a rare statement on Tuesday asserting its commitment to “stabilising the global oil market”, just as global benchmark Brent crude slipped […]

Advertisements

By Ahmed Kingimi | MAIDUGURI, Nigeria MAIDUGURI, Nigeria Islamist militant sect Boko Haram on Tuesday released a video purporting to show the execution of three men the group accused of being Nigerian military spies. The seven-minute clip, the first online video posted in two years of an execution said to be by Boko Haram, showed three men wearing orange jumpsuits. One is decapitated by masked men while […]

Turkey’s president escalated his diplomatic row with the Netherlands on Tuesday, claiming the country had a “rotten character” and blamed Dutch troops for the worst massacre in Europe since the second world war. The remarks by Recep Tayyip Erdogan come less than 24 hours before Dutch voters go to the polls in a national election that has been coloured by a heated debate about the role of […]

Tuesday 15:10 GMT What you need to know ● Pound under pressure amid Brexit and Scottish secession worries● Sterling drops below $1.22 and euro edges up towards 88p● S&P 500 down 0.5 per cent as sliding oil hits energy stocks● Treasury yields little changed ahead of Fed decision——————- Hot topic The UK pound is back under pressure as traders become concerned that Edinburgh’s demand for a another […]

“Why are you still a journalist?” was a heavy place to start this ongoing conversation, I know. But wherever you are in your career, think back to the people you started with. Are they still around? In 2000, a few weeks after graduating from college, I joined the Peace Corps. There’s no journalism program for Peace Corps volunteers. But I knew a few things at 22: Being unattached […]

MOGADISHU // Pirates have hijacked an oil tanker off the coast of Somalia, officials and a piracy expert said on Tuesday. It is the first hijacking of a large commercial vessel there since 2012. The Aris 13 on Monday reported being approached by two skiffs, said John Steed from the organisation Oceans Beyond Piracy. Mr Steed said eight crew members were aboard the ship, which had been […]

The pound took a tumble on Tuesday after politicians paved the way for Article 50 to be triggered this month, leading analysts to warn that Brexit was still not priced in to the value of the UK currency. Sterling fell as much as 0.9 per cent in Tuesday morning trading to just above $1.21, its weakest level since Theresa May, prime minister, promised a parliamentary vote on […]

The French presidential election is setting up a critical test of resolve for Japanese investors as life assurers, big banks and struggling regional lenders enter a second year under the Bank of Japan’s negative interest rate policy. The policy shift by the BoJ in February 2016 accelerated efforts by Japanese investors to seek higher fixed-rate returns overseas and has raised the sensitivity of their portfolios to global […]

Shares in Toshiba fell more than 8 per cent as the troubled Japanese conglomerate missed its earnings deadline once again. The company on Tuesday confirmed that it has sought another extension to the deadline by which it must submit audited third-quarter earnings, amid uncertainty about the true extent of crisis at its US nuclear unit Westinghouse. The stock was down 8.1 per cent at ¥197.5 near midday […]

To investors still betting — either by choice or technical necessity — that Toshiba can pull off a miracle escape act, Monday night produced yet another dispiriting blow. With just hours left before the troubled Japanese conglomerate was due to submit its audited third-quarter earnings — an already overdue document critical to its continued status as a listed entity — sources close to the company confirmed that […]

Nervousness in the US stock market has climbed to the highest level since the aftermath of the presidential election, even as equities have charted a mostly smooth path to further all-time highs in recent weeks. Credit Suisse’s fear barometer rose at the end of last week to 35.6, an increase of almost 10 points from the previous week and the highest reading since November 9, the day […]

Leonardo Maugeri of Harvard University, who in 2012 predicted a glut in oil supplies and a steep fall in prices, has warned that there is again a prospect that the market is heading for “a substantial fall”. Strong growth in global supply, he argues in a new paper, is outpacing the increase in demand, in spite of the production cuts agreed by Opec and 11 non-Opec countries […]

FEC Vice Chairwoman Caroline Hunter, a Republican, concurred: “If Congress wants to hear from us, we’ll do whatever it takes to prepare, and we’ll be happy to answer their questions.” Walther might, however, have a few questions of his own for Congress, which has all but ignored an annual legislative wish list the FEC’s commissioners send members. Walther says he’s particularly interested in senators justifying their failure […]

EDINBURGH Scottish First Minister Nicola Sturgeon has demanded a new independence referendum be held in late 2018 or early 2019, once the terms of Britain’s exit from the European Union have become clearer. To do so, she needs authorisation from Britain’s parliament, which is sovereign. The Brexit referendum last June called the future of the United Kingdom into question because majorities in England and Wales voted to […]

Nicola Sturgeon has called for a second Scottish independence referendum to be held by spring 2019, throwing the constitutional future of the UK into question just as it begins the process of leaving the EU. In a speech at her official residence in Edinburgh, the first minister accused Theresa May of having “not moved an inch” in response to calls for a special deal on Brexit for […]

In preparation for Disrupt New York in May I’m going to hold a few pitching workshops in New York for you all. We’ll listen to and critique 8 pitches on March 13th at 7pm at the Knotel space at 22 West 38th Street, 4th Floor. This is an informal pitch-off, but the two best teams will get two tickets to Disrupt New York and the undying admiration […]

In textbook fashion, the Federal Reserve has prepared traders and investors for a 25 basis points increase in policy interest rates this week. When it comes to lasting effects on markets, however, the Fed is likely to deliver more than the third rise in 10 years. It will also signal an important evolution in its policy approach aiming for a beautiful rate normalisation. Facing an implied probability […]

Investors are primed for a more aggressive policy stance from the Federal Reserve, setting the stage for an escalation in the selling of Treasury bonds. With the US central bank expected to raise its overnight interest rate by a quarter-point on Wednesday, scrutiny will focus on Fed chair Janet Yellen’s press conference and policymakers’ projections for official interest rates over the coming years, known as the dot […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Bank99 launches business accounts through Austrian postal network // Winners and losers if a blue wave sweeps US Congress // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Wired earphones regain buyers as 2016 nostalgia spreads // ADNOC authorises Ruwais Diyab gas development for 2029 // DIP Holding targets Dh1.12 IPO price and $529m proceeds // Apollo broadens Abu Dhabi partnership through Mubadala Capital stake // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Varsity jobs face quota questions // Altman ranks UAE ahead on artificial intelligence adoption // UAE outlines Dh200 billion energy investment at ADIPEC // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // Can Bernie Sanders Ensure Enough Left Representation In New Congress? // Use Of Nuclear Weapons Against Iran Could Trigger A Global Chain Reaction // Assembly ruckus trial begins after 11 years // Ondine Capital Announces First Close of Fund III to Drive AI and Semiconductor Innovation // ONYX Hospitality Group Expands Strategic Partnerships through ONYX Rewards // XTransfer and Bank of China (Hong Kong) Announce Partnership at Hong Kong FinTech Week // Democrats secure Senate majority after Republican election losses //