Even as global markets churned in the wake of Donald Trump’s stunning election win, the US Federal Reserve appeared to be sticking to its guns on monetary policy on Friday as one of its top officials laid the ground for a second increase in short-term interest rates. Stanley Fischer, vice-chair of the Federal Reserve Board, said in a speech that the case for gradually removing some more […]
The first unbiased genetic screen for sleep defects in mice has yielded two interesting mutants, Sleepy, which sleeps excessively, and Dreamless, which lacks rapid eye movement (REM) sleep. The findings are the first step towards discovering the biochemistry that controls the switch from wakefulness to sleep, the researchers say. Although sleep is essential for life and we spend one third of our lives doing it, the function […]
Britain’s Brexiters have seized on the election of Donald Trump, arguing that it offers the chance to strengthen ties with the US, in an echo of the partnership forged decades ago between Ronald Reagan and Margaret Thatcher. Boris Johnson, the foreign secretary, has depicted Mr Trump’s victory as “a great opportunity”, emphasised the possibility of a post-Brexit trade deal, and called for Europe to snap out of […]
The US government has charged Autonomy’s former finance chief with a multimillion-dollar fraud before the UK software company’s disastrous $11bn sale to Hewlett-Packard in 2011. Federal prosecutors are seeking at least $7.7m in proceeds from Sushovan Hussain, a long-serving Autonomy executive, who they allege exaggerated its financial performance and misled investors, including HP during its due diligence process. Mr Hussain, who denies any wrongdoing, was indicted on […]
Lego has announced it has ended its relationship with the Daily Mail after campaigners targeted some of the UK’s biggest newspapers over their coverage of inflammatory issues such as immigration and race following the vote for Brexit. The Danish toy maker posted a message on Twitter on Saturday confirming its current agreement with the Mail had finished and that it was “not planning any future promotional activity […]
Conflicted Care When Dr. Rosecrans worked briefly at the Navy’s hospital at Guantánamo as a young psychiatrist in 1999, it was a sleepy assignment. She saw only a few outpatients each week, and there was no psychiatric ward on the base, which was being downsized. But after Al Qaeda’s 2001 terror attacks on New York and the Pentagon, and the subsequent American-led invasion of Afghanistan, detainees began […]
Syrian forces supported by Russian air power beat back rebel gains around the embattled city of Aleppo on Saturday, tightening the siege on opposition-held areas where civilians are grappling with critically low supplies of food and medicine. Embattled Aleppo, divided between rebel control on the east and government control on the west, has become one of the most violent battlegrounds of the five-year civil war between President […]
After an election filled with rhetoric about big and brash bankers running amok on Wall Street, Donald Trump has turned to the biggest and the brashest of them all: Jamie Dimon, chairman and chief executive of JPMorgan Chase. The transition team of the president-elect called Mr Dimon on Wednesday night to sound him out about serving as Treasury secretary, according to a Reuters report that the FT […]
What the heck is a Haval? I can already hear you asking the question before I have even begun my spiel. I don’t blame you, because the marque was a mystery to me, too, before testing the H8 Luxury. I had barely laid eyes on a Haval, much less driven one. So let’s establish its credentials before going any further. Haval was created in 2006 as a […]
Warren Buffett has thrown his weight behind scandal-hit Wells Fargo, saying it is “a great bank that made a terrible mistake” whose new chief executive Tim Sloan is “exactly right” for the top job. Breaking his months-long silence on the debacle, the head of Berkshire Hathaway, the bank’s biggest shareholder, confirmed he has not sold any shares after the scandal erupted over sales practices. The famed investor […]
Opponents of a Donald Trump presidency are fuelling a surge in donations to non-profit organisations and charities over fears that a Republican-controlled government will roll back progressive initiatives concerning the environment, immigrants, women and gay marriage rights. The Sierra Club, a 125-year-old environmental group, and the American Civil Liberties Union have reported record donation rates, while dozens of other groups have also issued new marketing campaigns to […]
ABU DHABI // Thousands of people marked the 10th Abu Dhabi Walk on its return to Yas Marina Circuit by putting on their training shoes and stepping out to raise awareness of diabetes. Last year, more than 21,000 took part. At Walk 2016, friends and family got together while mothers pushed prams to kickstart a healthier lifestyle and help reverse a long-term diabetes trend in the UAE. […]
The EU is ready to use punitive anti-dumping tariffs on imports — such as steel — after a UK-led blocking minority of countries opposed to the reforms collapsed. Britain had been part of an alliance set on scuppering the plan as unnecessary and protectionist. But on Friday the Netherlands and Austria indicated that they would throw their weight behind the proposal, leaving the UK likely to be outnumbered when […]
LOS ANGELES // Leonard Cohen, the baritone-voiced Canadian singer-songwriter who seamlessly blended spirituality and human relationships in songs like Hallelujah, Suzanne and Bird on a Wire, has died at age 82, his son said Thursday. “My father passed away peacefully at his home in Los Angeles,” Adam Cohen said in a statement. “He was writing up until his last moments with his unique brand of humour.” Cohen, […]
TEHRAN — For all of Iran’s attractions — breathtaking scenery and numerous World Heritage sites, among other things — there are plenty of downsides to vacationing in the Islamic republic. Alcohol is forbidden. There is very little night life, at least in public. All women, including visiting foreigners, are obliged to wear a head scarf. Then there are Iran’s politics: its strident anti-Western stance; seemingly random arrests […]
I took this video while on what often felt like a surreal bus ride through war-torn Syria. The video begins on the edge of the city of Aleppo, its western, government-held half. The area we drove through is all government held but has been intensely fought over, again and again, and has changed hands several times. The route we took connects the city to a key supply […]
By Catherine Cadell | BEIJING BEIJING A top Baidu Inc executive, widely seen as a potential successor to chief executive Robin Li, has resigned after an internal company probe found conflicts of interest involving another firm acquired by the Chinese search engine giant. Li Mingyuan, 32, known as the “prince” of Baidu within China’s tech community, stepped down following the investigation, according to an internal email seen […]
|By Arabian Post Staff| GE marked a new milestone in its operational presence in Kuwait with the opening of the GE Kuwait Technology Center (GEKTC), a flagship facility that will foster localized research, provide hands-on training and build an innovation ecosystem specifically for the power sector. Approved by the Kuwait Direct Investment Promotion Authority (KDIPA) for a Foreign Investment License last year, the 6,000 sq meter GEKTC, […]
JERUSALEM — For Mahmoud Abbas, the Palestinian president, what was intended as a gesture of respect for a man of peace has brought him anything but peace back home. His brief visit to Jerusalem to attend the funeral of Shimon Peres, the former prime minister and president of Israel, and his handshake with the current prime minister, Benjamin Netanyahu, brought a fierce backlash from many Palestinians who […]
When I went to Las Vegas last week I didn’t go to visit clubs, gamble or even take in a show. Those were activities for another trip. This time I attended the Automotive IQ System Safety conference. I met engineers, auto executives, and computer programmers who shared the same concern about autonomous vehicles: how safe is safe enough? Companies like Uber and Tesla are rolling out autonomous technology faster […]
By PETER BAKER September 30, 2016 JERUSALEM — From across the ocean and across the Green Line, they came on Friday to the mountaintop sanctuary of Mount Herzl to bid farewell to Shimon Peres, marking what one called the “end of the era of giants.” But the question of the moment was whether it was a funeral for a man or for his dream. Twenty-three years after Mr. Peres […]
By MARK LANDLER September 30, 2016 WASHINGTON — When Bill Clinton took his place on Friday at Mount Herzl in Jerusalem for the state funeral of Shimon Peres, he was part of a tangled tableau: leaders from Israel and the United States who came together to mourn a giant of peace but who nurse their own political feuds and rivalries, stretching back two decades. Standing close to the former […]
Physicists at The Australian National University (ANU) have brought quantum computing a step closer to reality by stopping light in a new experiment. Lead researcher Jesse Everett said controlling the movement of light was critical to developing future quantum computers, which could solve problems too complex for today’s most advanced computers. “Optical quantum computing is still a long way off, but our successful experiment to stop light […]
