By Henning Gloystein | SINGAPORE SINGAPORE Oil traders from around the world, including the United States, Britain and Brazil, have tripled their sales to Asia as they take advantage of an emerging supply gap following OPEC-led production cuts announced late last year. Around 30 supertankers have this month made long-haul trips to ship crude oil from the Americas, the North Sea and the Mediterranean to refineries across […]
Australia’s mobile networks have again risen in the global rankings to being the fifth fastest in the world with an overall speed of 26.25Mbps across 3G and 4G, according to telecommunications coverage mapping company OpenSignal’s latest report. South Korea was ranked first, with 37.54Mbps overall speeds — calculated on the average mobile data connection based on speeds and availability of 3G and 4G networks — followed by […]
Demand for American hardwoods expected to pick up in the first half of 2017 as key projects near completion 22 February 2017 The American Hardwood Export Council (AHEC), the leading international trade association for the American hardwood industry, is gearing up to participate at the Dubai WoodShow 2017, which will take place from March 7 – 9 at the Dubai International Convention and Exhibition Center (DICEC). The […]
Despite suggestions to the contrary, the demand for luxury products and services was continuously rising in the UAE in 2016, albeit at a slower pace. This proves that there is a growth of wealthy and ultra-rich consumers; key potential customers of the luxury segment, which is a contributing factor in the growth of the luxury market. Not only that but demand for luxury is steadily increasing here […]
Vocus Communications has announced its financial results for the first half of FY17, revealing a net profit of AU$47.2 million, up from AU$24.2 million a year previous due to its acquisitions of M2 and Nextgen. Statutory earnings before interest, tax, depreciation, and amortisation (EBITDA) were AU$168.3 million, up from AU$60.7 million a year previous, while underlying EBITDA — excluding acquisition, integration, and other costs — was AU$187.2 […]
But they are not buying much. Unemployment is high, especially among the many young people graduating from college. In all, 50,000 people remain displaced. Electricity and water supplies are still near crisis levels. Hamas, which governs Gaza, elected a new hard-line leader. Tunnel building goes on (and, presumably, so does the construction and smuggling of weapons). On the Israeli side, the political right talks of a new […]
Alt-right star Milo Yiannopoulos has resigned from Breitbart News after backlash from his statements regarding pedophilia put his status at the conservative publication in doubt. Earlier Tuesday, Breitbart Editor-in-Chief Alex Marlow called Yiannopoulos’ remarks “indefensible.” Several staffers at Breitbart were on the verge of quitting if Yiannopoulos remained at the site, according to Washingtonian. In a statement announcing his resignation, Yiannopoulos said he didn’t want his remarks […]
22 Feb 2017, Doha, Qatar The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced today its financial results for the full year ended 31 December 2016. The Group reported a net profit of QAR 501.4 million as compared to QAR 1,434 million for the same period in 2015, a decrease of 65%. The Bank reported a net profit of QAR 683 million (2015- QAR […]
By Nathalie Kantaris Diaz | PARIS PARIS Amnesty International said on Wednesday U.S. President Donald Trump’s “poisonous” rhetoric on his way to winning the White House led a global trend towards increasingly divisive politics in 2016 that had made the world a “darker” place. In its annual report covering 159 countries, the human rights group said principles of human dignity and equality had come under assault from […]
Your daily guide to community and cultural activities across the Emirates for February 22, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini 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 [email protected] newslide Abu Dhabi Film screening Cinema […]
Manama, Bahrain (21 February 2017) Seef Properties, the leading integrated development company in the Kingdom of Bahrain, announced its financial results for the year ended on 31 December 2016 with a net profit totaling BD11.04 Million. The results were announced during a meeting held on February 21st 2017, headed by Chairman Mr Essa Najibi. The Board of Directors also decided to recommend to the General Assembly to […]
ProPublica Illinois announced Louise Kiernan as its first editor in chief on Tuesday. Kiernan, who worked at the Chicago Tribune for 18 years, comes to ProPublica’s first regional project from the Medill School of Journalism at Northwestern University. There, she was an associate professor. At the Tribune, Kiernan was the lead reporter on a project that won the 2001 Pulitzer Prize for Explanatory Reporting. That year, Kiernan […]
By Lawrence Hurley | WASHINGTON WASHINGTON Conservative Supreme Court justices on Tuesday voiced scepticism about extending constitutional rights to non-citizens in a case involving a 15-year-old Mexican shot dead by a U.S. agent from across the border in Texas that could have broad implications. The court’s ruling in the case argued before the eight justices could affect legal claims filed by non-U.S. citizens arising from executive actions […]
My taxi driver in San Diego had a plan. He was moving to Laredo to get back into long-distance trucking. He’d work hard for 10 years, save a couple of hundred grand, and retire to Mexico. I did the math: that put him around 2028. He might just make it before all the trucking jobs go away. At Qualcomm last week, Cristiano Amon, president of […]
Having come under pressure to address an uptick in incidents targeting Jewish institutions across the US, President Trump denounced anti-Semitism Tuesday when during a tour of the National Museum of African-American History and Culture he said that “Anti-Semitism is horrible and it’s going to stop and it has to stop.”. Trump: Anti-Semitic incidents are “horrible and painful” https://t.co/QmRTDXgq5E — Daniella Diaz (@DaniellaMicaela) February 21, 2017 Further, the […]
Instagram has revealed there are 63 million users in the MENA region, equivalent to ten percent of the social media platform’s global community. Worldwide, Instagram has 600 million people actively using the platform each month, with 400 of those logging in on a daily basis. Instagram Stories has also proven popular, with 150 million new posts each day. The latest figures highlight how people in MENA have […]
Horizon Zero Dawn opens to a protracted introduction of its post-apocalyptic machine-festered world. It’s tedious, as regarded by one reviewer, but it’s essential, because the game’s open world, like all open worlds, is massive. The game is Guerrilla Games’s latest handiwork after Killzone Shadow Fall, the flagship Killzone title released in 2013 for the PlayStation 3. Even before release, it has already garnered acclaim, netting Best Original […]
Tuesday 08:45 GMT Overview European stocks are easing back after a mixed Asia session as Wall Street looks to re-enter the fray at record levels. The dollar is stronger and Treasury yields are moving up as expectations build of tighter US monetary policy, a scenario that is hurting gold. Hot topic European government bond markets remain a focal point for investors after an opinion poll showed Marine […]
Telstra has confirmed that its enterprise voice and data outage across New South Wales was caused by a faulty piece of hardware. The outage affected only enterprise customers on Tuesday morning until 1pm AEDT, with consumer fixed-line and mobile services not impacted by the hours-long outage. Earlier this month, Telstra also experienced an outage across fixed-line and mobile services due to a fire at its Chatswood exchange […]
Remember Inauguration Day? A month ago, journalists wondered whether the lessons from the Trump campaign would apply to the Trump administration. Would President Trump lay off Twitter? Would his media-bashing continue? And would he keep shutting down disfavored news organizations? So far, the answer to those questions appears to be No, yes and yes, in that order. But the fledgling Trump presidency has also imparted several important […]
21 February 2017 Dubai – Auerbach Grayson & Company, LLC, a New York-based brokerage firm specializing in global trade execution and exclusive in-depth research on developed, frontier and emerging markets, announced today that it has partnered with Dubai-based Arqaam Capital, the specialist emerging markets investment bank, to provide U.S. investors with greater access to the Middle East and South Africa. Through its exclusive partnership with Arqaam Capital, […]
Samsung’s standing in the United States plummeted by 42 places, a new reputation poll reveals. Considering how the whole Galaxy Note 7 fiasco — among other things — stirred up the tech world for both consumers and manufacturers alike, it shouldn’t come as much of a surprise that the South Korean brand is taking quite a hit regarding its position in the market. Samsung’s Reputation In The Eyes […]
Kacific Broadband Satellites has announced that it will provide a 100Mbps satellite broadband service to under-served areas across more than 20 countries in South East Asia and the Pacific through a 702 Boeing satellite. The Kacific-1 satellite, being built by Boeing, will provide broadband via the projection of 57 Ka-band narrow beams targeted at geographically remote locations throughout those 20 countries, with the service to launch in […]
By Suleiman Al-Khalidi | AMMAN AMMAN Islamic State-linked Syrian militant groups on Monday launched a surprise attack on moderate rebels in southwestern Syria near the Golan Heights near where the Jordanian and Israeli borders converge, seizing several villages and a large town, rebels and witnesses said. Rebels said the militants were able to extend their area of control in territory that forms a natural barrier between Syria […]
