The EU’s Brexit negotiators expect to spend until Christmas solely discussing Britain’s divorce from the bloc, denying London any trade talks until progress is made on a €60bn exit bill and the rights of expatriate citizens. A narrow divorce-first approach favoured by Michel Barnier, the EU’s chief negotiator, would represent a big setback for Britain’s aim for a fast-track EU trade deal, completed by the end of […]
Like others interviewed, Abu Marwan, citing concerns about safety, agreed to speak on the condition that his full name not be published. He and others are identified by honorifics or nicknames. Residents said anyone caught using a cellphone risked being beaten or killed by militants. Continue reading the main story Abu Salah, who lives in the Bab al-Tob neighborhood in western Mosul, said the Islamic State, also […]
The two projects, the first to open since Mr. Trump became president, are among the dozen international business deals from his former life still moving forward — from India to Indonesia, Uruguay to the Dominican Republic. None of them are “new deals,” as defined by the family, as they were already well underway before the election. Continue reading the main story A Web of Complications Mr. Sajwani […]
Here are the questions the FT Markets team will be pondering this week: What do retail flows mean? Money flows are widely watched but, like anything in markets, there is signal and then there is noise. Investors poured money into global stock funds last week, one when US stock markets set fresh records, and US long-only equity funds received the first net inflow of cash ($0.5bn) in […]
By Saqib Iqbal Ahmed | NEW YORK NEW YORK U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (WMT.N) next week for signs on whether the recent market rally has more room to run. The consumer names are among the last major companies of the S&P 500 earnings season to report, but the results will also be watched for […]
Donald Trump has closed out the first month of his presidency by returning to his raucous campaign style and lashing out at the media as an agenda-bearing component of a corrupt system determined to undermine his time in office. A day after dubbing journalists the “enemy of the American people” at the end of the rockiest week so far of this White House’s short existence the new […]
special feature Harnessing IoT in the Enterprise The tech revolution is spreading to every corner of the earth with the Internet of Things, and it’s enabling data analytics and automation in ways never before imagined in business. Depending on whose numbers turn out to be right, there will be somewhere between 20 and 200 billion “things” connected to the internet by 2020. We all know about the […]
For populists on both sides of the Atlantic, “expert” is now an expletive, a synonym for out-of-touch elitists swindling the common man. This was perhaps most obvious during the Brexit referendum campaign, when the UK Justice Secretary and “Leave” advocate Michael Gove told a stunned interviewer that “the people of this country have had enough of experts … from organizations with acronyms saying that they know what is best.” Polling indicates […]
There is gratitude but also perhaps a hint of relief when British singer Nathan Skyes talks about his time with boy band The Wanted and their split in 2014. Having joined the band at the age of 16, he feels he was not taken seriously, being the youngest member of the band. “It was frustrating back then but that helped my drive to succeed,” says Skyes, who […]
In the world’s most remarkable cave system, Naica in Mexico, cathedral-sized chambers are adorned with perfect crystals the size of trees. And scientists have now discovered that Naica hosts an astonishing array of microbial life unlike anything else on Earth. Penelope Boston, director of the Nasa Astrobiology Institute at Ames, California, has led the exploration of this previously unknown microbial ecosystem. She outlined her findings at the […]
Researchers from the University of Texas Medical Branch at Galveston have revealed in a study how the Zika virus is able to alter fetal brain development and cause microcephaly. Published in the journal Stem Cell Reports, the study results may help shed light on how Zika causes birth defects. Zika And Microcephaly At the moment, 70 countries and territories around the world are dealing with active transmissions of the […]
February 18, 2017 by: Kathrin Hille in Moscow Russia has moved to recognise documents issued in separatist-controlled areas of eastern Ukraine, a step which could heighten tension with Kiev just as efforts are underway to reinforce a shaky ceasefire in the region. According to an order by president Vladimir Putin published by the Kremlin on Saturday, Moscow will temporarily recognise identification documents, education and qualification documents, birth, […]
China has banned coal imports from North Korea until the end of 2017, the Ministry of Commerce said on Saturday, after a week in which Pyongyang tested an intermediate-range ballistic missile and carried out an assassination in Malaysia. Kim Jong Nam the brother of North Korean ruler Kim Jong Un, was killed by two female assailants in the Kuala Lumpur airport on Monday. He had been living […]
Emerging market equity funds attracted the most money from investors in six months, as resilience in commodity prices and signs of improvement across the world’s major economies sharpened investors’ appetite. The EM funds secured $2.7bn this week, with exchange traded funds pulling in $1.8bn of the total, according to data from EPFR. Interest in EM equities was mirrored by bond investors, who handed EM debt funds $1.3bn. […]
When Microsoft rolled out the “Windows as a Service” tagline for Windows 10, most of us assumed it was just another marketing ploy. But as we approach Windows 10’s two-year anniversary, it’s becoming apparent that there’s some substance behind the label. And for Windows power users and IT pros, the ramifications are just beginning to become apparent. Microsoft has published a handful of low-key technical articles covering […]
February 18, 2017 by: Peter C ampbell, Motor Industry Correspondent Theresa May has agreed to meet PSA chief executive Carlos Tavares to discuss the French carmaker’s proposals to buy General Motors’ European operation Opel, which includes Vauxhall. Downing St confirmed the prime minister’s involvement as talks between PSA, the owner of Peugeot and Citroen brands, and GM move towards a conclusion, which is expected in the next […]
Has the long-awaited consumer crunch finally arrived? A 0.2 per cent fall in the UK’s monthly retail sales at the start of the year has sent the pound tumbling this morning, amid concern that rising inflation may finally be putting a brake on the consumer-driven growth. The monthly figure was expected to rise 1 per cent. Sterling fell to £1.2418 against the dollar after the news, a […]
A remarkable 250 million-year-old “terrible-headed lizard” fossil found in China shows an embryo inside the mother — clear evidence for live birth. Head of The University of Queensland’s School of Earth and Environmental Sciences and co-author Professor Jonathan Aitchison said the fossil unexpectedly provided the first evidence for live birth in an animal group previously thought to exclusively lay eggs. “Live birth is well known in mammals, […]
A North Korean national has been arrested by Malaysian police in connection with the killing of Kim Jong Nam, brother of North Korea’s leader, as tensions flared between the two countries over the investigation. Police on Saturday announced a fourth arrest in connection with the death of Mr Kim, whose face was smothered with a wet cloth in an apparent poisoning at Kuala Lumpur international airport on […]
Donald Trump has been consistent in his first month in office. As he reminded us at his press conference on Thursday, he has done what he said he would do. But one issue he has changed his mind — on the stock market. On Thursday he tweeted: “Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism — even before […]
February 17, 2017 by: Eric Platt, US Capital Markets Correspondent A few seats away from starlets Adriana Lima, Amber Valletta and Diane Kruger in the salon at New York’s St. Regis hotel, buyers from the department store chain Bergdorf Goodman were trend-spotting. They were there to see Jason Wu’s latest autumn collection, a line-up full of amber gold velvet draped dresses, smart glen plaid workwear and sheer […]
A huge billboard erected at the Lundu town square with a stark reminder of what the late Chief Minister Tan Sri Adenan Satem wished to do but could not accomplish following his demise in January. Picture taken February 17, 2017. — Picture by Sulok TawieLUNDU, Feb 18 — The odds are heavily stacked against State Reform Party (STAR) and Parti Bansa Dayak Sarawak (PBDS Baru) winning the […]
Snap is doubling down on its appeal to a core audience of young mobile users who are turning away from television, as it prepares to take its business case to investors next week ahead of its initial public offering. The focus on a narrow base of users, as well as the company’s potential to replace TV advertising, comes amid questions about whether the owner of mobile messaging […]
Ambitious dealmaking can spell pain for corporate bond investors. Unilever’s bondholders were offered a reminder of that on Friday as prices for the Anglo-Dutch consumer group’s debt fell after the company rejected a $143bn takeover approach from US rival Kraft Heinz. Bonds that were sold only last week by Unilever dropped, with half the €1.2bn issue sliding 2 per cent to 98.37 cents on the euro, leaving […]
