With the US Federal Reserve raising interest rates, and President Mario Draghi of the European Central Bank seemingly unable to escape his addiction to quantitative easing policy, many investors are questioning who wants to buy the euro. The answer is simple. The whole world is eager to buy the euro. The problem in 2017 is more likely to be finding anyone who wants to buy the US […]
The last time I wore glasses with a camera built into them, it was Google Glass. The idea, hype, and eventual demise of Google Glass was spurred on by privacy concerns, lack of true augmented reality capabilities, and just how plain goofy the gadget made users look. Snap, the company formerly called Snapchat, is looking to create its own path of wearable cameras with Spectacles. The $129 […]
The Syrian government and rebels have agreed a ceasefire brokered and guaranteed by Russia and Turkey, marking a potential breakthrough in efforts to end a near six-year conflict that has claimed more than 400,000 lives. Russian President Vladimir Putin said a truce would come into effect at midnight on Thursday, adding that Syria’s warring parties had signed documents detailing how it would be monitored and declaring their […]
Russia is set to round off a year of rejuvenated global standing with the distinction of watching its currency stand apart from other major economies and resist US dollar strength. The rouble has been the only major currency to appreciate against the dollar since the end of September and, so far this year, has outperformed rivals, up more than 21 per cent against the dollar to Rbs60.48. […]
M&A: back with a bang Deal activity was vigorous with much of it concentrated just below the level of the industry’s biggest companies. Nasdaq bought International Securities Exchange for $1.1bn, while CBOE Holdings announced a $3.2bn deal for Bats Global Markets in September. Of most significance, the pending €24bn tie-up between London’s LSE Group and Deutsche Börse, which will create Europe’s largest exchange. As the chart above […]
Shares in Toshiba fell 17 per cent to ¥257 on Thursday, taking the total loss of equity value to more than 40 per cent since the Japanese company announced that it was facing a multibillion-dollar writedown at its US nuclear division Westinghouse. As investors continued to digest Tuesday’s warning, shares in some of Japan’s biggest banks slid after the electronics-to-nuclear conglomerate raised the prospect of losses on their […]
On the other were Mr. Netanyahu and Mr. Trump, firing back at what they deemed a hypocritical betrayal of America’s closest friend in the Middle East. Continue reading the main story If Mr. Obama and Mr. Kerry were playing for history, Mr. Netanyahu and Mr. Trump were playing for time. The departing administration intended for the speech to lay out a path to peace that they had […]
ISTANBUL Prominent Turkish journalist Ahmet Sik on Thursday said he was being detained by authorities over a Twitter statement he made while an opposition lawmaker who spoke to him said the reporter was being accused of terrorist propaganda. At least 81 journalists are imprisoned in Turkey, according to the New York-based Committee to Protect Journalists (CPJ), with more than 130 media outlets shut since a failed coup […]
SHANGHAI China’s environment ministry on Thursday warned northern regions to get ready for emergency action to tackle another bout of heavy smog expected over the New Year. Large parts of the north were hit by hazardous smog in mid-December, and authorities ordered hundreds of factories to close and restricted motorists to cut emissions. “Unfavorable weather” was expected to bring more smog to the Beijing-Tianjin-Hebei region, as well […]
TOKYO The president of Dentsu Inc, Japan’s largest advertising agency, will step down over the “death by overwork” of a young employee, a suicide which has prompted official probes and fresh hand-wringing over Japan’s overtime culture. Matsuri Takahashi, a promising graduate of Japan’s top university, leapt to her death in December 2015, leaving behind a trail of grievances over relentless days. She clocked 105 hours of overtime […]
Some of the biggest law firms on Wall Street are scrambling to shore up their defences against cyber attacks, in the wake of a raid by Chinese hackers which led to millions of dollars of profits from insider trading. Preet Bharara, US attorney for the southern district of New York, this week charged three individuals who he said infiltrated law firms over a period of about 18 […]
The way the Huskies’ schedule shapes up after Maryland, the Terrapins might be last in line with a serious chance to prevent a shattering of the record that even Auriemma did not believe to be achievable after Connecticut lost three players to the top three selections in last spring’s W.N.B.A. draft. Continue reading the main story But here they are, 11-0 through a formidable schedule that included […]
While the opening of the archives was not expected to provide a conclusive end to the chapter for many of the families, given the partial and sometimes contradictory information in the files, the government hoped to at least dispel the notion that it was hiding information, and to perhaps bring some relief. Continue reading the main story “Today we are correcting an historic injustice of disregard or […]
By Lesley Wroughton and Yeganeh Torbati | WASHINGTON WASHINGTON U.S. Secretary of State John Kerry warned on Wednesday that Israel’s building of settlements in occupied territory was endangering Middle East peace, expressing unusually frank frustration with the longtime American ally. In a swiftly issued statement, Israeli Prime Minister Benjamin Netanyahu accused Kerry of showing bias. He said Israel did not need to be lectured to by foreign […]
JERUSALEM Prime Minister Benjamin Netanyahu said U.S. Secretary of State John Kerry’s Middle East speech on Wednesday was biased against Israel. In a statement in English issued by the Prime Minister’s Office, Netanyahu said: “Like the Security Council resolution that Secretary Kerry advanced in the U.N., his speech tonight was skewed against Israel.” The Israeli leader said Kerry “obsessively dealt with settlements”, which the United States strongly […]
The FTSE 100 was within touching distance of a closing high on Wednesday, as optimism about the outlook for metal prices lifted the shares of the heavyweight miners on Britain’s blue-chip index. On the market’s first day back after the Christmas holiday, the FTSE 100 was up 0.6 per cent at 7107.56 in early afternoon trading, putting it on track to surpass its closing high of 7103.98 […]
By Andrew Osborn and Orhan Coskun | MOSCOW/ANKARA MOSCOW/ANKARA Syria would be divided into informal zones of regional power influence and Bashar al-Assad would remain president for at least a few years under an outline deal between Russia, Turkey and Iran, sources say. Such a deal, which would allow regional autonomy within a federal structure controlled by Assad’s Alawite sect, is in its infancy, subject to change […]
In the latest snub of president Obama and the US State Department, on Wednesday Turkey and Russia reached an agreement for a ceasefire in Syria, Turkey’s foreign minister said, and according to Anadolu News Agency, will aim to put it into effect by midnight. Anadolu, citing sources, said the two countries have reached a consensus that will be presented to participants in the conflict on expanding the […]
Huawei makes fantastic, high quality smartphones, tablets, and smart watches. The TalkBand products were an interesting combination of activity tracker and Bluetooth headset, but I was not impressed with the quality of those devices. Thankfully, the Huawei Fit matches the quality of Huawei smartphones. I’ve been wearing the Huawei Fit for more than a week and it is one of the best activity trackers I have ever […]
As well as being consumed in large quantities this Christmas, the turkey has been taking a starring role in live online video. Food — whether eating it or cooking it — has become one of the most popular subjects to show online, from social networks to a new app specialising in foodie culture. Live video has been taking over social feeds, from Facebook to Twitter’s Periscope and […]
BEIJING The eastern Chinese city of Wuxi will suspend poultry trade from Thursday amid fears about bird flu, becoming the second city in Jiangsu province to halt live poultry markets, it said. The city will close live poultry wholesale markets, restrict vehicles carrying live poultry from entering Wuxi markets and temporarily ban the entry of outside poultry, the city’s information office said on Wednesday on its official […]
|By Arabian Post Staff| Abu Dhabi Stock Exchange (ADX) announced that short selling will be allowed for selected stocks from next year. The move is aimed at boosting trading volume and to attract foreign investors to the illiquid market. ADX is currently meeting brokerages ahead of the introduction of short-selling service early in 2017, according to a statement posted on the bourse’s website. The step would make […]
CBC’s I-Team tackles a wide variety of stories in any given year. There are hidden camera shoots, accountability interviews, court cases, long hours on the phone with tipsters who want to remain anonymous, dozens upon dozens of freedom of information requests, and data-mining on all manner of topics. This year, the investigative team tackled everything from health and safety issues in the nail salon industry to doctors who […]
Shares in Toshiba sank by their daily limit of 20 per cent on Wednesday morning as investors scrambled to reassess the company’s financial stability and questioned the future of one of Japan’s most celebrated industrial names. The stock plunge followed Toshiba’s warning to the market the previous evening that it could book multibillion-dollar impairment losses on part of its Westinghouse nuclear business in the US – a […]
