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This is part of a series on the global rise of exchange traded funds ETFs are a global phenomena, but there are significant differences between the market in Europe and the US. This piece examines the most important. The US is far bigger Demand for exchange traded funds in Europe has never been higher. Assets held in funds and products listed across the region hit a record […]

In a glass cube inside a MK2 cinema near France’s national library in Paris, viewers can choose between HTC Vive, Playstation VR and Oculus Rift headsets, or they can go for “full body immersive” simulators The first wave of virtual reality cinemas, heralding what their creators claim will be an entertainment revolution, rolls out across the world this month. The first screening room in France opened Wednesday […]

The release in cinemas last week of Ali Khaled’s Lights of Rome about the UAE football team at the World Cup in 1990 was the latest development in what has been a strong couple of years for documentaries in UAE cinema, as well as the wider Arab world which has a long history of documentary filmmaking. A high point for the industry here was undoubtedly 2015’s He […]

Chicago politicians will have one more reason to look over their shoulders in 2017. The city’s history of political corruption and high crime rates have long made it fertile territory for investigative reporting. Next year, investigative nonprofit ProPublica plans to capitalize on that opportunity by colonizing the city with its first regional expansion. ProPublica plans to open the expansion in 2017 and is recruiting an experienced, Chicago-based […]

Dubai, UAE, 8 December  Bollywood Parks™ Dubai, part of Dubai Parks and Resorts, the largest integrated theme park destination in the region, unveils Jaan-e-Jigar, the regions first Broadway-style Bollywood show in all its grandeur at the Rajmahal Theatre, which is located in the heart and soul of the park. Dubai’s answer to world-class entertainment, Jaan-e-Jigar is the biggest Bollywood style show to ever hit the region, where […]

Not many former nurses have set up a multimillion-pound global skincare company, let alone one that has 100 per cent chemical-free oils and balms, which are some of the purest on the planet. Nor have many developed an encyclopaedic knowledge of the extraordinary healing uses of plants; run private yoga, massage and meditation retreats for Hollywood actresses and New York fashion queens; helped revive frankincense production in […]

‘Mashreq Bot’ is designed to simulate a conversation with customers using Artificial Intelligence on Digital Platforms Dubai, UAE – 8th December 2016 Mashreq, the UAE’s leading financial institution, has introduced its latest innovation – UAE’s First ‘Mashreq Bot’; an Artificial Intelligence agent – or chat-bot – programed to simulate an intelligent conversation with users. Customers can use the chat-bot to display Mashreq products and perform card-less cash […]

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Thursday 02.10 GMT Overview Major bourses across Asia latched on to record closes for key Wall Street indices as US stock markets continued to rally one month on from the presidential election. But investors were also turning their attention to the European Central Bank and whether it will at its policy meeting later on Thursday extend the deadline for its asset stimulus programme. Hot topic On Wednesday […]

At the end of last month it was reported that names and telephone numbers of suspects in terrorism probes carried out by the EU police agency, Europol, had been posted online by accident. The Hague-based agency, which coordinates police efforts across the EU confirmed that an ex-staff member had taken the data home in contravention of security protocols. The concerned former staff member, who is an experienced […]

General assembly meetings of FGB and NBAD held on December 7th Combined bank has total assets of approximately AED655 billion (US$178 billion), representing a 27% market share of UAE banking sector[1] Shareholders approve combined bank’s board of directors from effective merger date Effective date of merger towards the end of Q1 2017 as initially planned. Abu Dhabi, 7 December 2016 Shareholders in First Gulf Bank PJSC (FGB) […]

Your daily guide to community and cultural activities across the Emirates for December 8, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Yoga event Catch a screening of the film What is Real, which focuses on Jivamukti yoga and its history and evolution. It focuses on combining vigorous hatha yoga with music, meditation and […]

In contradicting a theory that’s been the standard for over eighty years, researchers have made a discovery holding major promise for the petroleum industry. The research has revealed that in the foreseeable future products such as crude oil and gasoline could be transported across country 30 times faster, and the several minutes it takes to fill a tank of gas could be reduced to mere seconds. (via […]

 This article by David Haggith was published first on The Great Recession Blog:    I risked losing my fellow anti-establishment readers in September by suggesting Trump may be an establishment Trojan horse. After seeing Trump choose Pence as VP and a Goldman Sachs exec as campaign finance manager, I was concerned the establishment knew a citizen’s revolt was brewing and made sure that even the road to revolt led back to […]

Raphael Domjan (right) and Thierry Plojoux in front of SolarStratos on December 7, 2016 in Payerne, Switzerland Just months after two Swiss pilots completed a historic round-the-world trip in a Sun-powered plane, another Swiss adventurer on Wednesday unveiled a solar plane aimed at reaching the stratosphere. The SolarStratos, a sleek, white two-seater aircraft with long wings covered with 22 square metres (237 square feet) of solar panels, […]

By Lewis Krauskopf and Bill Berkrot | NEW YORK NEW YORK President-elect Donald Trump on Wednesday took aim at drugmakers, promising in a magazine interview that “I’m going to bring down drug prices,” and shares of U.S. pharmaceutical and biotechnology companies fell. In a cover story for Time magazine, which named him its Person of the Year, Trump said that “I don’t like what has happened with […]

Inuit throat singing admittedly isn’t the easiest sell to the wider music-buying populace, but when it’s presented in the startlingly visceral form favoured by Tanya Tagaq, that’s the loss of those who choose not to listen. Not that the Nunavut-born 41-year-old has struggled to find sympathetic ears to date. She won the prestigious Canadian Polaris Music Prize in 2014, gaining the respect of multimillion-selling contemporaries including Björk […]

The European Central Bank should retool its asset-purchase programme to fund a wave of new infrastructure spending across the continent, according to one of the world’s most powerful bond managers. Rick Rieder, global chief investment officer of BlackRock’s $1.6tn fixed income business, says the ECB should avoid a “false choice” between continuing on its present course or tapering its existing programme, when it meets to decide monetary […]

Submitted by Daniel Cloud “Donald Trump is either too incompetent to understand that his foolish phone call threatens our national security, or he’s doing it deliberately because he reportedly wants to build hotels in Taiwan to pad his own pockets.”        – (Democratic National Committee Spokesperson) Is that true? Did “incompetent” President-Elect Donald Trump’s “foolish” telephone conversation with Taiwan’s President Cai Yingwen actually “threaten American’s […]

Wednesday 06:00 GMT Overview Bourses across Asia were higher, taking their cue from Wall Street’s return to near record highs and rally in Europe led by Italian banks. European bourses are expected to open firmer, with spreadbetters predicting the UK’s FTSE 100 will add 30 points to 6,810 and Germany’s Dax to gain 60 points to 10,835. US index futures suggest the S&P 500 will shed 1 […]

By Steve Holland | FAYETTEVILLE, N.C. FAYETTEVILLE, N.C. President-elect Donald Trump laid out a U.S. military policy on Tuesday that would avoid interventions in foreign conflicts and instead focus heavily on defeating the Islamic State militancy. In the latest stop on a “thank you” tour of states critical to his Nov. 8 election win, Trump introduced his choice for defense secretary, General James Mattis, to a large […]

As its ADSL business is replaced by the NBN and the cost of offering services to consumers moves from AU$15 to AU$40, thanks to the NBN’s connectivity virtual circuit charge, Australian telco TPG will look to increase its number of on-net users to make up the margin shortfall. Speaking at its annual general meeting on Wednesday, TPG chief financial officer Stephen Banfield said the company had a […]

From mother of pearl jewllery to Vince Camuto’s new shoes, we look at the top fashion releases this week. newslide Pearly pleasantries Mother-of-pearl takes on a whole new identity in these glorious jewellery pieces from Aigner. Dainty earrings and chain bracelets feature ethereal mother-of-pearl discs encircled by gold borders stamped with Aigner in block-letters. The standout piece, however, is a mother-of-pearl timepiece, featuring a bracelet crafted from […]

Qatar Airways on Tuesday announced that it will offer daily non-stop flights between Doha and Dublin, the capital of the Ireland. Qatar Airways Group CEO Akbar Al Baker said the airline will operate a Boeing 787 Dreamliner on the route which will launch on June 12, 2017. He said: “Qatar Airways has seen unprecedented growth in recent times and continues to launch new destinations on our global […]

Picture it: rumours of a renminbi devaluation keep growing. Residents rush to open accounts offshore as experts warn Beijing will get off on the wrong foot with a relatively new US administration if a big depreciation happens. Official denials are made regularly — until a devaluation of about 50 per cent follows in short order. That was China in 1994. Today the idea of a similarly brutal, […]

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