For this week’s column, I asked one of my staff, Carolina Milanesi, to weigh in on the movie Hidden Figures and how it points to the future of AI. She also brings a woman’s perspective to a subject I feel is important to the story and the AI Connection. This essay first ran on our blog. – Tim Bajarin This weekend, I finally watched Hidden […]
Raya Abirached is familiar to local movie fans as the face of MBC’s Hollywood coverage, and Arabic cinema as host of her own show Scoop. This weekend, however, Abirached takes a break from interviewing the stars of the silver screen and becomes one herself – she is the voice of Smurf Willow in the Arabic version of the Smurfs latest big screen outing, The Lost Village. This […]
Apple and Facebook are gearing up to challenge start-up Magic Leap and Microsoft’s HoloLens in the race to create a pair of augmented reality glasses that could one day replace the smartphone as consumers’ primary computing device. Apple is stepping up its efforts in AR eyewear, according to people with knowledge of its efforts, while Facebook is also researching the technology that can make what chief executive […]
The US stock market’s shifting reaction to the inability of Donald Trump and the House of Representatives to repeal Obamacare belies the much bigger question the failure raises for Wall Street: can this administration steer corporate tax cuts through Congress? This matters because the expectation that American companies will enjoy smaller tax bills has helped fan a 10 per cent gain for the S&P 500 since the […]
LONDON A stronger-than-anticipated economic recovery, the return of inflation and the region’s financial sector in a “sweet spot” has spurred Morgan Stanley to lift its earnings forecasts and targets for European benchmark indexes. The U.S. bank now sees earnings per share growth for 2017 coming in at 16 percent for the MSCI Europe with the index rising as much as 8 percent over the next 12 months. […]
SEOUL A South Korean court will hold a hearing on Thursday to decide whether to arrest ousted president Park Geun-hye and hold her in a cell for up to 20 days while she is investigated on charges of taking bribes and abusing presidential power. Park, 65, became South Korea’s first democratically elected president to be removed from office when a constitutional court upheld her parliamentary impeachment this […]
In July 2011 an unusual fascination had gripped some members of New York’s financial community. Walk into a Manhattan office expecting to discuss the US stock market with an investor who exclusively backed equity hedge funds, and they instead had Italian government debt on the brain. Selling short bonds of the eurozone’s third-largest economy had become so popular that non-debt specialists had started to notice, and rising […]
A couple of weeks ago we wrote several notes about German Chancellor Angela Merkel’s painfully awkward visit to the White House. After meeting in private, the pair sat down in the oval office for a brief press conference where you could cut the tension with a knife. At one point someone from the media asked for a handshake but the request was promptly ignored. “Can we get […]
By Ron Bousso and Ernest Scheyder | LONDON/HOUSTON LONDON/HOUSTON Royal Dutch Shell Plc (RDSa.L) and Anadarko Petroleum Corp (APC.N) may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive. The divorce and re-parceling of acreage would let each company drill and develop new wells at its own pace […]
The buzz phrase on the ground at Fashion Forward this season was that of ‘see now, buy now’. To debate the finer points of the trend, which allows customers to purchase collections straight after they debut on the runway, FFWD staged a panel discussion during its three-day stint at Dubai Design District, which ended on Saturday. Sharing their thoughts with a packed room of press, buyers and […]
China has eclipsed Singapore as the biggest source of investment in Malaysian real estate, as soaring domestic property prices push mainland investors to hunt for bargains abroad. Chinese groups have invested more than $2.1bn in Malaysian real estate over the past three years, compared with $985m invested by Singaporean companies between 2014 and 2016, according to figures from Real Capital Analytics based on completed transactions of $10m […]
26 March 2017 Dubai, UAE – Rotana, one of the leading hotel management companies in the Middle East, Africa, South Asia and Eastern Europe, today signed an agreement with RSG International, a UAE-based global conglomerate, with interests in the property development, automotive and industrial equipment sectors across the Middle East, North America and South Asia, for a new five star hotel and serviced apartment project in Dubai, […]
GCC expats are miles behind their counterparts in North America, Europe and Asia when it comes to retirement planning, a study by global financial firm Guardian Wealth Management has found. In fact, in the annual pensions survey conducted by GWM, it found that 64.21 percent of GCC expats have no pension at all. This is compared to 14.49 percent in North America, 43.85 percent in Europe and […]
Last week saw the largest drop in aggregate Treasury short positions since Brexit. Ironicaly, while bond bears felt the squeeze, traders piled into Eurodollar shorts (increased rate-hike bets) sending the short-end’s positioning to record highs. Across the entire Treasury bond futures complex, shorts covered over 200,000 10-year-equivalent contracts (around $20 billion notional), but as is clear below, the net short – while the smallest since December 2nd […]
March 26, 2017 by: FT Confidential Research Government efforts to cool the Chinese housing market are not working. Despite an intensifying clampdown, more households expect prices to continue rising in the coming months, particularly in the richest cities that are the focus of the government’s campaign. Consumer sentiment towards real estate purchases has also spiked, probably in response to widespread coverage of the policy tightening. The clampdown […]
The Australian government has signed a formal “Dialogue on Innovation” agreement with China that will see both countries exchange ideas between government representatives, business, and the research sector. Under the arrangement, both countries will contribute up to AU$6 million over three years to the next round of the Joint Research Centres, under the Australia-China Science and Research Fund (ACSRF), which supports strategic science, technology, and innovation collaboration […]
26 March 2017 Rebrand to emphasize unique integrated structure Open D Group reinforces position as a global expert in efficient retail and brand focussed solutions with a shopper approach Open D Group, Retail Access and Sparkle, the award winning retail and branding design agencies, have today announced their rebrand to ODG to implement a simpler, cleaner, agile and integrated organization to deliver its expertise in Intelligence, Branding, […]
Shares of Viacom Inc (VIAB.O) could rise 40 percent in the next year as the New York-based media company’s new CEO Bob Bakish focuses on its Paramount Pictures studio and a handful of its networks to turn the business around, according to Barron’s. Viacom, which is controlled by 93 year-old media mogul Sumner Redstone and his daughter Shari Redstone, has been enmeshed in turmoil, which resulted in […]
Politics & Economics Hosni Mubarak has been released from a military hospital after six years in detention. Mubarak was acquitted earlier in March of involvement in the deaths of hundreds of protesters in rallies that ended his 30-year rule. (Source: Al Jazeera English YouTube channel) Source link
You may want to look up at the sky and observe a little more because the World Meteorological Organization just added 11 new clouds to the International Cloud Atlas, the world’s definitive guide and database for cloud classification. World Meteorological Day last March 23 also marks the publication of the new edition of the International Cloud Atlas. In this latest publication, the strange-looking, turbulent meteorological phenomenon asperitas is […]
Fresh from a mammoth, big budget UAE show, Guns n’ Roses have been named the top grossing live act in the world. According to stats compiled by Pollstar, the reformed rock legends bank an average of $5,004,737 (Dh18.3 million) per show, with the average ticket price set at $101.82 (Dh373). Regular tickets for the band’s controversy struck show at Dubai Autism Rocks Arena on March 3 – […]
Hours before the Republicans’ healthcare overhaul was defeated on Friday, the US Treasury secretary was sounding an upbeat note about another element of President Donald Trump’s agenda — tax reform. Healthcare is complicated, Steven Mnuchin declared at an event in a Washington art gallery. Tax reform, he said, is much more straightforward. That bold assertion will be tested sooner than expected, as Mr Trump has signalled he […]
It should come as no surprise that there are numerous activities related to Trust, Identity, and Privacy on the agenda for IETF 98. Below I will highlight a few of the many activities and provide pointers to a number of additional ones. There is something for everyone interested in these areas in Chicago in the coming week! The fun starts before the meeting even begins with the […]
Last week, the Office for National Statistics released the inflation results for the British economy. Even though most analysts weren’t expecting any huge differences, the numbers (updated until February) paint a completely different picture. In February, the inflation rate increased rather sharply. On a month-on-month basis, the CPI increased by 0.7% (whereas January was a month with deflation). The current YoY inflation rate based on the CPI […]
