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By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, driven by the energy sector, bucking a slowdown in the broader economy. The Federal Reserve last week described business investment […]

Elon Musk has finally shut down rumors that his own company, SpaceX, will greatly benefit from President Donald Trump’s latest bill for the National Aeronautics and Space Administration, or NASA. This is despite the unbelievable fact that the President just made human exploration to Mars a federal law. Elon Musk Not Happy Responding to a tweet by Kara Swisher, the cofounder of independent tech news website Recode, which implied that […]

The terror attack that struck London last week lasted less than a minute and a half from the moment the killer’s car mounted the pavement on Westminster Bridge to the second he was shot, Scotland Yard has revealed. The information emerged as detectives confirmed that they are still trying to establish whether the attacker, Khalid Masood, worked alone or with an accomplice. Four people died and 50 […]

Uber Technologies Inc [UBER.UL] suspended its pilot program for driverless cars on Saturday after a vehicle equipped with the nascent technology crashed on an Arizona roadway, the ride-hailing company and local police said. The accident, the latest involving a self-driving vehicle operated by one of several companies experimenting with autonomous vehicles, caused no serious injuries, Uber said. Even so, the company said it was grounding driverless cars […]

Tesla CEO Elon Musk has confirmed that the highly anticipated Tesla solar roof tiles will be available to order starting in April. As global warming poses increasingly worrisome threats, the race is on to find cleaner energy solutions to reduce the carbon footprint and protect the environment. Tesla is among the most avid clean energy supporters and it’s been making notable efforts in the field, aiming to deliver environmentally […]

An Uber self-driving car has crashed in Arizona, dealing another setback to the US ride-hailing company after a spate of adverse publicity over internal management failures. The SUV was in a collision with another vehicle and rolled on to its side on Friday evening, according to local police. On Saturday, Uber said its vehicle was not carrying any customers at the time of the crash, but provided […]

KINSHASA Militia fighters decapitated about 40 police officers after an ambush in central Democratic Republic of Congo, local officials said on Saturday, the deadliest attack on security forces since an insurgency erupted in the region last year. The Kamuina Nsapu militants struck on Friday as the police convoy drove from the city of Tshikapa in Kasai province to Kananga, the capital of Kasai-Central province, said Francois Madila […]

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CAIRO Four Egyptian soldiers were killed in an explosion that hit their armoured vehicle on Saturday in the northern Sinai peninsula, where the government is battling an Islamic State-led insurgency, security sources said. The incident occurred about 20 km (12 miles) south of the Mediterranean town of al-Arish. An insurgency in Egypt’s rugged Sinai region has gained pace since the army toppled President Mohamed Mursi of the […]

ABU DHABI // Salem Al Neyadi has one son, Ali, who turned 20 a few days ago. Ali had hoped to study abroad in September but now he is in the intensive care unit of Seha’s Al Ain Hospital with his family at his bedside. Mr Al Neyadi prays that his son lives to see his next birthday. “No one but a parent knows how I feel,” […]

For the first time, The Associated Press now permits journalists to use “they” as a singular pronoun. The AP announced the style change Friday at the American Copy Editors Society conference in St. Petersburg, Florida. The change follows years of questions among copy editors, reporters and editors about the use of language specifically about people who are non-binary and don’t use gendered pronouns. The change is in […]

Shares in one of China’s largest dairy groups plunged more than 90 per cent on the Hong Kong stock exchange on Friday, knocking $4.1bn from its market capitalisation.  China Huishan Dairy Holdings was granted a trading suspension after its shares saw one of the biggest drops in the exchange’s history, cutting its market capitalisation from $4.85bn to $750m and likely causing paper losses for investors including BlackRock and Vanguard. Hong Kong’s bourse […]

Pressed to explain his lack of concern, Mnuchin said, “It depends on what you think of artificial intelligence.” (Image: CSPAN) Artificial intelligence won’t pose a real threat to American jobs for “50 or 100 more years,” Treasury Secretary Steve Mnuchin on Friday. special feature How to Automate the Enterprise One of today’s biggest opportunities for IT to make an impact is by automating business processes, manufacturing, repetitive […]

Ford said that slowing new car demand in the US and rising costs could halve its first-quarter earnings per share compared with last year’s record first quarter. The Detroit carmaker’s shares slipped in New York on Thursday after the company said in a statement that it now expects pre-tax profits of $9bn in 2017, down from $10.4bn last year. It expects profits to rise again in 2018. […]

At the start of the year, I was part of a panel that aimed to offer career guidance to graduating students at a local secondary school in Singapore. The panel dished out the usual advice about the need to have passion, work hard, and always strive to do better. A student then posed a question that struck a chord: “How can I ensure the skills I learn […]

HONG KONG Hong Kong authorities have launched a prosecution against the captain of the ship and shipping agent involved in transporting nine Singaporean armoured vehicles seized in the city last November. Hong Kong customs officers seized the Terrex troop carriers as they were being shipped home from military exercises in Taiwan. Singapore’s armed forces have maintained long-standing if low key military training facilities in Taiwan, and Beijing […]

Master developer Nakheel has announced the award of a construction contract worth AED184.5 million ($50.2 million) for a second hotel at the Ibn Battuta Mall in Dubai. Dubai-based Parkway International Contracting has been appointed to build the 375-room hotel, which has a total project value of AED240 million, the developer said in a statement. It forms part of Nakheel’s AED3 billion hospitality expansion under which the developer […]

ABU DHABI // The UAE has provided Dh7.3 billion in aid to Yemen since April 2015, targeting about 10 million Yemenis, including four million children. Wam, the state news agency, reported on Thursday that the Emirates have provided polio and measles vaccines to 488,000 children in 11 governorates, including 130,000 infants under the age of one, and 358,000 children between ages one and five. The United Nations […]

CAIRO — Ten Egyptian soldiers and 15 militants were killed during a raid on an Islamist insurgent base in the restive Sinai Peninsula, a military spokesman said Thursday. The deaths underscored the strength of the Sinai insurgency, led by an Islamic State affiliate, despite almost four years of concerted Egyptian counterterrorism operations. In recent months Sinai militants have expanded their area of operations, targeted Christian civilians and […]

Intel has put its artificial intelligence efforts under one group led by Naveen Rao, former CEO of Nervana, which was acquired by the chip giant. special feature How to Implement AI and Machine Learning The next wave of IT innovation will be powered by artificial intelligence and machine learning. We look at the ways companies can take advantage of it and how to get started. The company […]

The man who killed three people and injured at least 40 in the terror attack on Westminster was British born and has previously been investigated by MI5, Theresa May said on Thursday. Although the attacker, who was fatally shot by police, was known to the domestic security service, it is believed he acted alone and was “not part of the current intelligence picture”, the prime minister said. […]

“The fighting is raging on as I speak and is expected to last several weeks until the dam, airfield and city are free from ISIS control,” said Col. Joseph E. Scrocca, a spokesman for the American-led command in Baghdad. Continue reading the main story As the operation unfolded, Syrian state television and local residents asserted that at least 30 Syrian civilians were killed in an airstrike that […]

DUBAI // Those who violate traffic rules will face fines of up to Dh3,000 and their vehicles being impounded for up to three months under new federal rules. The Government introduced the amendments to the Federal Traffic Law to make the country’s roads safer as part of its vision for zero road fatalities by 2020. Motorists driving without a number plate face a fine of Dh3,000, 23 […]

Drivers of electric cars in Dubai will be the envy of their petrol-head counterparts as a new initiative starting on Wednesday allows them to charge up their vehicles free of charge. Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the free zone technology park, on Wednesday announced the launch of its new initiative that allows electric vehicle owners to use the charging […]

Britain’s Houses of Parliament came under attack on Wednesday from a knife-wielding assailant who ploughed a vehicle through throngs of people on Westminster Bridge before fatally stabbing a police officer. In the largest-scale terrorist incident in London since suicide bombers killed 52 people in July 2005, at least five people died, including the attacker. A further 40 were injured, according to police. The attack paralysed the heart […]

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