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By Lizbeth Diaz and Michael O’Boyle | COYUCA DE CATALAN, Mexico COYUCA DE CATALAN, Mexico The Mexican army says its fight against surging opium production that feeds U.S demand is increasingly complicated by the rise of smaller gangs disputing wild, ungoverned lands planted with ever-stronger poppy strains.  The gangs have engulfed the state of Guerrero in a war to control poppy fields, turning inaccessible mountain valleys of […]

Aarti Jhurani Your daily guide to community and cultural activities across the Emirates for May 8, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at listings@thenational.ae newslide Abu Dhabi Film […]

Current drilling and fracturing methods can’t extract oil and natural gas very well, recovering an estimated 5 percent of oil and 20 percent of gas from shale. That’s partly due to a poor understanding of how fluids flow through these small pores, which measure only nanometers across. But new computer simulations can better probe the underlying physics, potentially leading to more efficient extraction of oil and gas. […]

By Felix Onuah and Ahmed Kingimi | ABUJA/MAIDUGURI, Nigeria ABUJA/MAIDUGURI, Nigeria Boko Haram militants have released 82 schoolgirls out of a group of more than 200 whom they kidnapped from the northeastern town of Chibok three years ago in exchange for prisoners, the presidency said on Saturday. Around 270 girls were kidnapped in April 2014 by the Islamist militant group, which has killed 15,000 people and displaced […]

With the kick off of Microsoft’s Build 2017 developer conference this week, I’m expecting to hear the phrase “on the edge” more than a few times. Microsoft CEO Satya Nadella set the stage for the coming distributed computing/edge computing talk during the company’s recent earnings call with press and analysts. “When everyone’s talking about the cloud, the most interesting part is the edge of the cloud,” Nadella […]

Two Emiratis who went to treat the suffering in conflict zones are fine examples of the spirit needed to win the Abu Dhabi Award. ABU DHABI // Dr Ayesha Al Memari and Dr Aysha Al Dhaheri imagined a life walking the wards of a modern hospital when they embarked on their careers. But when the call came, they left their duties to go on missions they now […]

Move faster, migrating reindeer!Image: Jeff J Mitchell/Getty Images By Maria Gallucci2017-05-07 18:32:09 UTC The producers of Norway’s smash-hit “Slow TV” genre have captivated audiences with videos of a 134-hour-long cruise voyage and 13 hours of people knitting.  But sometimes even Slow TV can be too slow. Norway’s public broadcaster NRK recently suspended a show following the progress of migratory reindeer because the animals stopped moving, The Local […]

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In a week that started with big oil and US shale producers trumpeting their ability to thrive in a world of $50 a barrel crude, the market had a very quick response: let’s see if you can do it at $45. A brutal sell-off across commodity markets this week has quickly taken the shine off strong first-quarter results that would otherwise have been viewed as a triumph […]

Live Feed from France 24: After an extraordinary election campaign full of twists and turns, Emmanuel Macron won dramatic victory over Marine Le Pen in the French presidential election, taking 65% of the vote, with Le Pen collecting roughly 35%, according to early estimate from four separate French pollsters. Macron, 39, will become the youngest president of France’s Fifth Republic. As BBG notes, the firms sampled real […]

Results exceed analyst expectations; backed by strong Air Arabia passenger demand and ongoing cost control measures Sharjah, UAE; May 07, 2017 Air Arabia PJSC today reported strong financial results for the first quarter of 2017 exceeding analyst expectations, as the Middle East’s first and largest low cost carrier continued to deliver solid commercial and operational results.   Air Arabia reported a net profit of AED103 million for […]

An eerie calm in capital markets is fuelling fears on Wall Street that a first-quarter rebound in trading revenues could prove a one-off. Big investment banks reported generally solid profits over the first three months of the year, as investors reset their portfolios to take account of higher base interest rates, and as companies front-loaded efforts to raise money. For all bar four of the top 14 […]

Volkswagen bought back hundreds of thousands of emissions-cheating cars. We just discovered what it has done with them all…   As Bloomberg reports, the German automaker agreed last year to buy back about 500,000 diesels that it rigged to pass U.S. emissions tests if it can’t figure out a way to fix them. Except for a handful of 2015 models, VW dealers can’t sell the cars until […]

By Anthony Esposito | MONTERREY, Mexico MONTERREY, Mexico Engineers from across Mexico streamed into a cramped hotel lobby in the industrial city of Monterrey for a chance of a job with the U.S. electric vehicle maker Tesla Inc (TSLA.O), which is looking south of the border for talent in short supply at home. The fair was held at a delicate time for American firms hiring abroad as […]

Aldar Properties on Saturday announced that all homes in the third tower of its The Bridges affordable project has sold out. Following the strong demand for the first two towers of The Bridges at Cityscape Abu Dhabi, Aldar said the apartments in tower 3 were sold in just four hours, taking the total value of sales across all three towers to AED600 million ($163 million). Unit prices […]

Invesco’s move to snap up Source, the London-based exchange traded fund provider, has thrust the US asset manager into the centre of an increasingly ferocious battle across Europe’s passive investment industry. European fund managers now face another formidable US competitor in addition to the existing heavyweights BlackRock and Vanguard, which are pursuing a cut-throat ETF price war as they expand their presence in Europe. Atlanta-based Invesco already […]

By Jonathan Cable | LONDON LONDON The fate of the European Union and the euro could hang on the outcome of Sunday’s French presidential election. The expected victory of centrist, pro-EU candidate Emmanuel Macron would be taken by markets as a sign that political risk in Europe is receding; a surprise win for far-right candidate Marine Le Pen would raise the risk that the euro zone’s number […]

Wall Street people underestimated how nasty and political the struggle over the post-Brexit fate of European clearing houses would become. This week the European Commission offered threats to London-based clearing houses and inducements for their customers to move their trade to the EU. €650bn Value of euro-denominated trades that clear through London each business day UK negotiators in turn demand that euro derivatives clearing should stay in […]

Director Shubhashish Bhutiani’s critically-acclaimed film Hotel Salvation is a bittersweet comedy-drama about of a dying father’s cross-country trip with his son to a kind of sacred hospice in India where the elderly can have their sins absolved in their final days. It had its regional premiere at the Dubai International Film Festival in December, but if you missed it there is another chance to catch it, courtesy […]

Qatar Airways has announced that it will operate a third daily non-stop route from Doha’s Hamad International Airport to Bali Denpasar from Sunday. Bali has long been a popular destination for Qatar Airways’ passengers, with the airline offering its first direct service in 2014, later enhancing this to a twice daily frequency. Qatar Airways Group CEO Akbar Al Baker said: “The start of triple daily non-stop services […]

An unequivocally positive side-effect of all the “fake news” headlines has been a growing interest among social scientists to research the impact of fact-checking. In one of the most recent studies (here in English), economists at the Paris School of Economics and Sciences Po found that providing factual information on immigration improved French voters’ understanding but didn’t reduce their likelihood to vote for the fact-checked politician. This […]

Microsoft has shown how Windows Defender ATP detected anomalous updater behavior. Image: Microsoft Microsoft is warning software vendors to protect their updater processes after discovering a “well-planned, finely orchestrated” attack that hijacked an unnamed editing tool’s software supply chain. As Microsoft’s threat response group explains, the attackers used the update mechanism of a popular but unnamed piece of editing software to gain a foothold in several high-profile […]

06 May 2017 Darlie Global FZC, owner and manufacturer of natural wellness products, has opened a manufacturing plant in the UAE as part of its initiative to pioneer a range of products catering to a growing number of consumers looking for healthier and more natural alternatives in personal care. The facility will locally produce global personal and oral care brands – Dr. Neem and Mr. Darlie. Dr. […]

By Adrian Croft and Geert De Clercq | PARIS PARIS France sought to keep a computer hack of frontrunner Emmanuel Macron’s campaign emails from influencing the outcome of the country’s presidential election with a warning on Saturday it could be a criminal offence to republish the data. Macron’s team said a “massive” hack had dumped emails, documents and campaign financing information online just before campaigning ended on […]

May 6, 2017 by: Jeevan Vasagar in Singapore and Michael Peel in Bangkok Puma Energy, the fuel storage and petrol station business backed by Swiss commodities trading house Trafigura, wants to expand in Myanmar across a range of fuel and petroleum products after opening a $100m storage facility at the southern port of Thilawa. The new terminal, with a capacity of 91m cubic metres, opens the prospect […]

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