The citizens of Sweden are perhaps closer to completely giving up a component of their individual sovereignty than any other country on earth. In a world where government’s abuse of power and intrusion into the personal lives of its blissfully ignorant enablers grows more disturbing by the day, at least for now, cash offers the one opportunity to transact in a truly anonymous way. That said, Swedes […]
ABU DHABI // Teachers with a strong grasp of technology and more authority to control unruly classrooms are needed to improve the standard of education. That was the message for decision-makers at a public event aimed at giving an insight into the classroom. The Minister of State for Youth Affairs joined officials from the Abu Dhabi Education Council (Adec) for a meeting with Emirati students about the […]
Japan has recorded its longest run of sustained growth in more than a decade as stimulative policy and a healthier global economy lead to a period of robust progress. Growth for the first quarter of 2017 came in at an annualised 2.2 per cent, according to the Cabinet Office, marking five quarters of continuous expansion in gross domestic product. The figure beat the consensus analyst forecast of 1.7 […]
Google chief executive Sundar Pichai delivers the keynote address at the 2017 Google I/O Conference, where he stressed the importance of artificial intelligence Google announced Wednesday it was bringing its digital assistant to Apple iPhones as part of its effort to win the battle with tech rivals on artificial intelligence. At its annual developers conference at an outdoor concert-venue near its main campus in Mountain View, California, […]
This time, the day’s big Trump-Russia-Comey news waited until around 6:00 to break. Former FBI director Robert Mueller has been selected by the US Justice Department to serve as special counsel to oversee the investigation into alleged Russian interference in the 2016 US presidential election. Rod Rosenstein, the US deputy attorney general, said on Wednesday that he had determined it was in the “public interest” to appoint […]
Google has unveiled a new kind of standalone virtual reality headset that does not need to be wired to a PC or external sensors to offer more realistic graphics and movement tracking, in the hopes of kick-starting what has been sluggish consumer adoption of the technology. Device makers HTC and Lenovo are working with Google and chipmaker Qualcomm to launch the headsets starting later this year, Google […]
Google CEO Sundar Pichai delivers the keynote address of the Google I/O conference, Wednesday, May 17, 2017, in Mountain View, Calif. Google provided the latest peek at the digital services and gadgets that it has assembled in the high-tech tussle to become an even more influential force in people’s lives. (AP Photo/Eric Risberg) Google announced a lot of new bells and whistles Wednesday—several of which, it turns […]
This week’s 20th anniversary of Amazon’s initial public offering has thrown into sharp relief the stagnation of the US public equity listings market. Finger-pointing by some at the regulatory requirements of going public — which can be burdensome and costly for small companies — is now yielding to a discussion about longer-term headwinds such as the ready availability of private funding for young companies and the culture […]
By Foo Yun Chee | BRUSSELS BRUSSELS U.S. social network Facebook (FB.O) is set to be penalized by EU antitrust regulators for allegedly providing misleading data related to its WhatsApp acquisition three years ago, a person familiar with the matter said on Wednesday. The move by the European Commission will come after a six-month investigation and is expected to be a stiff warning to other companies facing […]
We all know — or, well, we should all know — how to block malware attacks. You don’t install unknown applications. You don’t open dodgy email attachments. And you don’t download files from strange websites. But then, there’s WannaCrypt, aka WannaCry. It starts by infecting you the old-fashioned way, but once it makes it on your network, it uses an out-of-date version of Windows’ Server Message Block […]
TEHRAN: Iran’s top two presidential candidates launched a final day of election campaigning Wednesday as the supreme leader called for a massive turnout to bolster the regime against its “enemies.”Ayatollah Ali Khamenei suggested Iran’s foes would be deterred from pursuing regime change if they saw voters flock to the ballot boxes in Friday’s poll.“American, European officials and those of the Zionist regime are watching our elections to […]
US stocks were on track for their worst session for eight months on fears that US President Donald Trump’s ability to push through his pro-growth policies will be sidelined by deepening political controversy. The Wall Street benchmark fell 1.3 per cent to 2,369 on Wednesday, shedding all its gains for May, with financial stocks the worst hit as the S&P banks index retreated 3.8 per cent. Shares […]
David’s $329 workshop iPad in its UAG-provided Metropolis MIL STD 810G-516.6 case The 9.7-inch iPad Pro was released in March of 2016. The new, regular ol’ iPad was released one year later, in March 2017. The base price for the iPad Pro (I’ll only be talking about the 9.7-inch model in this article) is $599 with a mere 32GB storage. The new 2017 iPad is $329 for […]
A selfie-app company learned the value of index membership on Wednesday, when shares in Meitu Inc dropped 9 per cent after MSCI said the Hong Kong listed stock would not, as previously announced, enter its China index in June. MSCI had included Meitu in a list of planned index changes published Monday evening, and the sudden reversal highlights the power of index providers to direct money and […]
US stocks were poised on Wednesday to start the trading day on a weak note, while Treasuries rose and the dollar fell, amid mounting concern over the controversies that have engulfed the White House. While Donald Trump’s pro-growth agenda was initially expected to be a boon for risk assets, and a negative for havens, the opposite has played out with increased frequency as the businessman-cum-politician has leapt […]
If America’s political system were working as it should, Donald Trump would be on his way out. Either Congress would have started impeachment, or people around the president would have declared him unfit for office. But Mr Trump retains an ace up his sleeve. No elected Republican dares cross him. Any who think of standing up to him know they would risk an electronic lynching that could […]
● Trump controversies rattle nerves● Dollar index hits fresh six-month low● S&P 500 futures slide, dragging down other equity benchmarks● Yen, gold and Treasury prices rise as traders seek havens● Oil relapses after strong rally The dollar is sliding to six-month low and US equity futures are in retreat as investors fret that president Donald Trump’s ability to push through his mooted pro-growth policies is under threat. […]
Stocks markets suffered in Asia as oil prices gave up recent gains and Japan’s yen rallied following a lukewarm lead-in from Wall Street and more political tumult from Washington. Tokyo’s Topix index was down 0.6 per cent as equities suffered from a firmer yen and energy stocks fell 2 per cent on slipping oil prices. The Nikkei 225 was down 0.7 per cent as well, further diminishing […]
The first time China attempted to build a large passenger jet, it tried — and failed — to reverse-engineer a Boeing 707 that crash-landed in Xinjiang in 1971. The latest vehicle for China’s aviation dream, the Comac C919, has just completed its first test flight after Beijing decided to take a different path: buying parts from European and US aviation companies rather than stealing their technology. After […]
Members for presentation of Dawn Leaks report Zahid Chaudhary Islamabad The National Assembly on Tuesday rejected the Panama Papers Inquiries Bill 2016 tabled by the opposition.Minister for Law Zahid Hamid strongly opposed the bill saying there is no need for such proceedings as the Supreme Court has already given its judgment on the matter.He maintained that the bill, framed by the opposition, is discriminatory in nature and […]
With the greenback stuck in the doldrums, Japan’s yen has shaken off some of its recent weakness to reach its strongest level in nine days. The yen pushed as much as 0.4 per cent higher in early Asia trade to ¥112.71 per dollar, the firmest level since May 8. Japan’s currency had weakened to as much as ¥114.37 as recently as Wednesday, the softest level since mid-March. […]
Ransomware is all over the news. Experts estimate the recent WannaCry attack affected as many as 300,000 devices globally. If you’re worried about falling victim to ransomware, there are a few things to consider. How would you react if someone stole your home computer? What if your hard drive failed and wiped out all your programs and data? If you’re prepared with a full, offsite backup, encrypting […]
Jamie Dimon endured a rough ride at the annual meeting of America’s biggest bank on Tuesday morning, as shareholders repeatedly attacked the JPMorgan Chase chief over his ties to the administration of Donald Trump. In December Mr Dimon was named chairman of the Business Roundtable, a group of almost 200 CEOs which is among the most prominent lobbying groups in Washington. Mr Dimon, chief executive of JPMorgan […]
Investors have accelerated their buying of European financial assets in the wake of Emmanuel Macron winning the French presidency, but a top executive at one of the world’s biggest asset managers cautions that the region’s stock markets aren’t as cheap as they appear. European equity funds enjoyed their strongest week of inflows on record last week — pushing the EuroFirst 300 index up 3.7 per cent this […]
