|By Matein Khalid| David Cameron, Wall Street’s elite, Mutti Merkel, Obama, the Eurocrats of Brussels, the great and the good of the City and the IMF’s Lady Christine all got it so horribly wrong. I slept Thursday night with sterling at 1.50 on New York and awoke to see it trade at 1.34 on Friday, a 30 year low before the Plaza Accords. Britain has voted to […]
BERLIN/LAGOS When German e-commerce investor Rocket Internet launched Jumia in 2012 as a would-be African Amazon, it was optimistic that a rapidly expanding middle class would quickly shift from street markets to shopping online. Four years on, falling sales for sites like Jumia and slower growth from Nigeria to Russia and Brazil is casting doubt on Rocket Internet’s ambition to become the world’s biggest Internet company outside […]
A journalist’s account of the conflict in Afghanistan details the cascading failures of the West Farewell Kabul: From Afghanistan to a More Dangerous World By Christina Lamb, William Collins, 640 pages, $25 There is a certain subspecies of journalist who comes to feel more at home in a foreign war zone than in her native land, who gets so plugged in with power brokers and average people […]
More memory is always in demand. SanDisk has a new solution for adding memory to your phone. The iXpand Memory case fits your iPhone 6 & 6 Plus & connects via the Lightning port. Everything you store in the case is encrypted. Available in 32 GB, 64 GB, and 128 GB models. Let’s block ads! (Why?) -Werd
With just weeks to go before it launches its one-year Anniversary Update of Windows 10, Microsoft has been rolling out a series of preview builds aimed at fixing various bugs. The most recent build, announced yesterday, resolves a number of issues found in the PC and mobile versions of Microsoft’s operating system. The updates come on the heels of last week’s “Bug Bash,” during which Microsoft gave […]
Rare Quran manuscripts, paintings and number plates auctioned to raise funds for Reading Nation campaign A priceless collection of historic manuscripts and artifacts is being auctioned at Madinat Jumeirah, Dubai to raise funds for the ongoing Reading Nation Ramadan campaign. Here’s our coverage of the event as it happened. (Inputs from Mary Achkhanian, Staff reporter) Campaign collects Dh40 million The charity auction held for Reading Nation campaign launched by […]
Beijing’s patent regulator has ordered Apple to stop selling its iPhone 6 and iPhone 6 Plus in the city because their design too closely resembles that of a Chinese phone. Apple is appealing the ruling, which marks the latest challenge to the tech company in its second-largest market. The two iPhone models violated design patents held by Chinese device maker Shenzhen Baili because of similarities in external […]
INTERNATIONAL. A sense of disappointment permeated through the global markets during trading on Monday following last week’s shocking NFP result of 38k that discounted expectations over the Fed raising US rates in Q2. With the number of jobs created falling to its lowest level since 2007, the Dollar was left vulnerable as concerns elevated over a potential economic slowdown in the States. Although the headline unemployment rate […]
INTERNATIONAL. As companies move to catch up with the digital future, they are taking a close look at what kind of executive they need to lead the way. In a new report, “The Right CDO for Your Company’s Future”, Strategy&, PwC’s strategy consulting business, defines five Chief Digital Officer (CDO) “archetypes” – descriptions of typical roles CDOs might play within an organisation. The Five Archetypes of a […]
Ali was the most thrilling if not the best heavyweight ever, but he was more than the sum of his athletic gifts Ali faces the media at the US federal court in June 1967, while on trial for refusing to be inducted into the armed forces. New York: Muhammad Ali, the three-time world heavyweight boxing champion who helped define his turbulent times as the most charismatic […]
Living cells are capable of performing complex computations on the environmental signals they encounter. These computations can be continuous, or analogue, in nature — the way eyes adjust to gradual changes in the light levels. They can also be digital, involving simple on or off processes, such as a cell’s initiation of its own death. Synthetic biological systems, in contrast, have tended to focus on either analogue […]
1. What is Ramadan? Ramadan is the ninth month in the Islamic (Hijri) calendar. It is the most holy month in the calendar for Muslims as it is believed the Quran was revealed to Prophet Mohammed during Ramadan. During this month, Muslims do not consume any food or liquid between fajr and maghrib prayers (at dawn and sunset), not even water. You can check the exact prayer […]
Minivans have gotten a bad rap for a long time, but if you haven’t looked at one recently you are in for a surprise. Toyota builds the Sienna minivan which is attractive on the outside and roomy on the inside. Did we really say attractive? The new Sienna isn’t your typical box on wheels that distinguished the model for so long. It has sleek styling that sets […]
When was the last time you travelled through time? This evening, an archaeologist and a geologist will take to the stage at Manarat Al Saadiyat and invite their audience to do just that. They will take the audience on a journey from the UAE’s very distant past to a moment in its near future, taking in the broad sweep of Abu Dhabi’s geological history and the possible […]
UAE. Brent crude pushed above key psychological level to trade above $50 for the first time since November 2015. The 85% rally since Brent hit a 12-years low in Jan was supported by multiple factors, mainly oil disruption from major exporters and production cut back by U.S. shale. Meanwhile the double than expected drop in U.S. inventories supported bulls to keep holding their long positions. According to […]
A long-standing lawsuit that claims Google’s Android operating system infringes on Oracle’s Java copyright is heading to a jury today for a final decision. Previous court decisions have ruled in Google’s favor, but were partially reversed two years ago by the U.S. Court of Appeals for the Federal Circuit. The complaint, which centers on whether Google’s use of some Java application programming interfaces (APIs) in Android constitutes […]
Noting that “terrorism is one of the truly urgent issues of our time,” Microsoft recently said it is taking several steps to identify and combat extremist content online. Those measures include a change in its terms of use to prohibit the posting of terrorist content on Microsoft consumer services like Xbox Live, OneDrive, Skype and Outlook, according to a blog post on Friday. The company defines such […]
YISHUV HADAAT, West Bank — With shoulder-length hair tumbling from beneath his knit skullcap, Hanamel Dorfman, a radical young Israeli settler, explains matter-of-factly on camera how hilltop settlement outposts like his own will continue to proliferate across the West Bank. From there, he says bluntly, Israelis will cross the Jordan River and start building on the other side. Reminded that beyond the river there is another sovereign […]
INTERNATIONAL. Global inclusion in the internet could bring seven percent of the world’s population – 500 million people – above absolute poverty levels, and add US$6.7 trillion (£4.6 trillion) to global economic output, according to a new study by Strategy&, PwC’s strategy consulting business. The study, for Facebook, encompassed 120 countries over a 10-year period and examines how barriers to accessing the internet could be removed, and […]
This is the age of the disgruntled — in domestic politics and foreign affairs alike. Anti-establishment sentiment within countries is somehow echoed by the way the rule book of international relations is being torn up. These dynamics feed on each other. They are at play in America (the rise of Donald Trump), Europe (growing populism) and Asia (nationalism and an arms race). Finding a way to […]
ABU DHABI // The Armed Forces team that reached the summit of Mount Everest this week has arrived back safely at base camp. The 13-strong group of soldiers raised the UAE flag on top of the world’s highest mountain on Thursday morning, having received a message of goodwill from Sheikh Mohammed bin Zayed, Deputy Supreme Commander of the Armed Forces, the previous night. Ahead of the final […]
From David Bowie’s We Are the Dead to Katy Perry’s Firework, art imitates art in this selection of literature-inspired songs Katy Perry performs at the Odyssey Arena, Belfast. Do you know which book inspired her song Firework? Wuthering Heights by Kate Bush is inspired by Wuthering Heights by Emily Bronte Perhaps the most famous song with literary references, Kate Bush’s […]
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo LONDON/CHICAGO Shortly after 7 p.m. on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong. Wells Fargo complied. Over 10 days, Wells approved a total of at least 12 […]
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. Reuters/Mike Segar/File Photo BRUSSELS – EU state aid regulators aim to rule on Amazon’s tax deal with Luxembourg by July, two people familiar with the matter said on Thursday, and it may order the country’s tax authorities to recover about 400 million euros ($448 million) in back taxes. The […]
