You may not have considered some of the lesser-known sports in the UAE – because you weren’t aware they existed here. But, if you’re weary of your usual exercise routine, why not sample a few of the more unusual, left-of-field sports and activities to test your mettle and spark your enthusiasm? newslide Lacrosse This fast-paced, exhilarating sport was played by the indigenous people of North America as […]
Donald Trump has named Goldman Sachs president Gary Cohn to head the White House National Economic Council, marking his third top appointment from the ranks of the bank despite his pledge to sever links between Wall Street and Washington. The appointment of Mr Cohn, who serves as chief operating officer, leaves Goldman nursing another big departure from its leadership team just weeks after the news that the […]
As the first mainstream fiction film tackling the thorny issue of gun control in the United States, Miss Sloane – which opened the 13th Dubai International Film Festival on December 7 and goes on general release in the UAE on December 15 – was always likely to attract angry headlines from both sides of the debate. So while it might be surprising that no one has tackled […]
Sumner Redstone and his daughter Shari have scrapped plans to merge Viacom and CBS, the two media companies they control, amid disagreements about valuation and management control. The news surprised investors, who had been betting on a merger after months of discussions between America’s leading broadcast network and the owner of Paramount Pictures and MTV. Viacom shares fell as much as 8 per cent in morning trading […]
Exchange traded funds have led to excessive trading and changed the way the stock market works, according to the man widely regarded as the father of passive investing, who is now calling for politicians to re-examine the sector. Writing in an opinion piece for the Financial Times, Jack Bogle, the founder of the Vanguard Group, the world’s largest passive manager, complains that the annual turnover of shares […]
Oil prices surged above $57 a barrel for the first time since July 2015 on Monday, rallying as much as 6.5 per cent after the Opec cartel clinched a long-sought supply pact with Russia and other big crude exporters. Russia led a loose coalition oil producers from outside Opec, including Oman, Mexico and Kazakhstan, in an agreement signed this weekend to reduce supply by 558,000 barrels a […]
· Chamber organised study mission to explore trade and investment opportunities in St. Petersburg · Delegation discussed Dubai-Russia trade ties with key stakeholders from the city’s public, private sectors 12 December 2016As part of its efforts to explore new business opportunities for its members and promote Dubai as a global business hub, Dubai Chamber of Commerce and Industry recently conducted a study […]
The prospect of a more aggressive Federal Reserve and a surge in the oil price hit global bonds on Monday, sending the yield on the benchmark 10-year Treasury note above 2.5 per cent for the first time since 2014. Treasuries have led a sharp sell-off in sovereign bonds since Donald Trump’s victory in last month’s US election, raising the prospect that Fed officials will have to raise […]
December 12, 2016 by: Andrew Byrne in Skopje Macedonia’s election results hung in the balance on Monday morning, with former prime minister Nikola Gruevski’s ruling party holding a narrow lead over the leftwing opposition but both claiming victory. With 98 per cent of votes counted by early Monday morning, the conservative VMRO DPMNE party had 37.9 per cent compared with 36.6 per cent for Zoran Zaev’s SDSM […]
Monday 02.15 GMT Overview Markets around Asia were mostly higher, buoyed by a surge in oil prices and following on from another set of records for Wall Street on Friday. Hot topic Ahead of the Federal Reserve’s policy meeting on Wednesday, government bond yields are hovering at their highest levels in months. Of note, the yield (which moves inversely to price) on the benchmark 10-year US Treasury […]
Boeing officials, already dismayed by Mr. Trump’s attack last week over the costs of a new Air Force One, acknowledged that the Iran jet deal still faced contingencies — a polite way of saying they were deeply worried about whether Mr. Trump and the Republican-led Congress would support it. Continue reading the main story Beyond that deal, Boeing and other companies that export jet engines, high-tech products […]
2016 was a big year for VR (Image: Jake Smith/ZDNet) Virtual reality isn’t some weird concept coming in the distant future. It’s here. It’s been a major year in VR, with many consumer options now on the market from big hardware players in time for Christmas 2016’s shopping rush. We saw the breakout of Facebook, Google, Sony, and others with their first headsets aimed at the masses. […]
Opec has won the backing of countries outside the oil cartel to join supply cuts for the first time since 2001, overcoming the final major obstacle for a global agreement to curb output. Russia, the biggest oil exporter outside the group, alongside 10 other countries such as Mexico, Oman and Azerbaijan on Saturday agreed to reduce their production by 558,000 barrels a day. A new geopolitical dynamic […]
Photo Mayor Nir Barkat of Jerusalem says he is optimistic that when Donald J. Trump is president, he will move the United States Embassy from Tel Aviv to Jerusalem, whose status is contested by Israel and the Palestinians. Credit Associated Press/Tsafrir Abayov The mayor of Jerusalem says that he is optimistic that once Donald J. Trump becomes president, the United States will quickly move its embassy in […]
President-elect Donald Trump on Sunday rejected as “ridiculous” a CIA report that Russia had intervened in the presidential election in order to help him win. Mr Trump called the intelligence assessment, which rocked Washington this weekend, “just another excuse” for Hillary Clinton’s surprise loss. “I don’t believe it,” he told Fox News. The interview aired shortly after a bipartisan Senate quartet called for a congressional investigation of […]
Rick Telander admits he has an addiction. “I read three to four hours each day,” Telander said. “Sometimes as much as eight hours. I can’t stop myself. I am addicted to the English language.” Naturally, Telander jumped at the opportunity to be the editor of “The Best American Sports Writing: 2016.” The annual anthology, overseen by series editor Glenn Stout, should be a must-read for every sports […]
Our round-up of the week’s best comment and analysis from the Financial Times focuses on the expectations of boom times for US stocks, the troubles of active fund managers and Italy’s dilemma after the referendum. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. US stocks may be at record levels but there is no end to […]
Uncover some of the cool new features hidden in iOS 10. Here is a quick rundown of some of the new features contained in the latest iOS 10 update that you might have missed. While most of these should be available on all devices that support iOS 10, some will only be available on newer devices. See also: How to make the rechargeable battery in your smartphone, […]
Those living in warmer climes will know that colds and flu appear to have little to do with actually being cold. In winter – when temperatures in the UAE are usually pleasant – many people get hit by the flu bug. “The influenza virus survives better in colder and drier climates, and therefore is able to infect more people, especially those who spend more time indoors with […]
ExxonMobil chief executive Rex Tillerson has emerged as the strong favourite to be Donald Trump’s secretary of state, US media reported on Saturday, potentially placing a businessman with global dealmaking experience at the heart of US foreign policy. After a 41-year career at the oil giant, Mr Tillerson has no direct diplomatic background but he has close ties with Russian president Vladimir Putin who awarded him the […]
The Moto Z Force Droid Edition, see my full review, was launched in August and it demonstrated that a functional modular design was possible. I then purchased my own GSM Moto Z, but returned it because it was priced too high, the battery wasn’t large enough, and I wasn’t sure when it would get updated to Android 7 Nougat. I bought my first 2013 Moto X because […]
Ahead of next week, here are the big questions we are asking at FT Markets What signal will the Federal Reserve send? The last US central bank meeting of the year will unfold on Wednesday with all eyes on officials’ latest assessment of the economy and the press conference of Fed chief Janet Yellen. Plenty has changed since their previous gathering just before the US election. Dollar […]
Bombs outside Istanbul soccer stadium kill 29, wound 166 – minister | Reuters Top News | Sun Dec 11, 2016 | 7:53am IST ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } ISTANBUL A car bomb followed by a suicide bombing less than a minute later killed 29 people and wounded 166 outside a soccer stadium in Istanbul on Saturday night, Turkish Interior Minister Suleyman Soylu said. All but two of those […]
Donald Trump has picked Andrew Liveris, the chief executive of Dow Chemical, to lead his advisory council on manufacturing, giving him a connection to the new administration at a time when he is trying to secure approvals for a complex $130bn merger with DuPont. Mr Liveris previously served in a similar advisory role for President Barack Obama. At a rally in an arena in Michigan on Friday […]
