Some of the world’s biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $6.5 trillion in assets, sovereign investors already account for 19 percent of capital committed to private equity, according to data from research firm Preqin. But mega-funds such as the Abu Dhabi Investment […]
OTTAWA One in four Canadians say Ottawa should have adopted a temporary halt on Syrian refugees in response to the United States’ controversial travel ban, though the majority supported the government’s current immigration plan, an Angus Reid Institute poll showed on Monday. Sixty percent of those surveyed in an online poll said the Canadian government had done a good job of resettling Syrian refugees since the Liberals […]
President Donald Trump is again breaking the internet not because of another dramatic press conference, outrageous Twitter statement or a “photo” showing him with Vladimir Putin. It began with a Reddit page that surfaced recently, titled Tiny Trumps, which is devoted to photoshopped images of the president, depicting him in various states of, well, smallness. Shrinking Trump Barely a day since the Reddit community was started, it has already […]
DUBAI // The Terry Fox Run returned to Dubai yesterday for the first time in three years, with more than 4,000 people taking part in the cancer research event despite the cool, cloudy weather. Participants were able to run, walk, bike and rollerblade or use a wheelchair on the 5-kilometre route on the creek side of Dubai Festival City Mall. The event was held under the patronage […]
The distribution of normal matter precisely determines gravitational acceleration in all common types of galaxies, a team of researchers reports. This provides further support that the relation is tantamount to a new natural law, the researchers say. (via WSJ)
MUNICH A new version of a Trump administration travel ban will not stop green card residency holders or travellers already on planes from entering the United States, U.S. Secretary for Homeland Security John Kelly said on Saturday. U.S. President Donald Trump’s initial attempt to clamp down for security reasons on immigration from seven Muslim-majority countries and on refugees snarled to a halt amid a judicial backlash and […]
She added, “Saloua Raouda Choucair is an extraordinary new name.” Two years later the CRG Gallery in Manhattan organized Ms. Choucair’s first solo show in the United States. Profoundly affected by Alzheimer’s disease, she was unable to attend either one or enjoy her belated success. “All the timings were wrong with my mother, so I’m not surprised this happened so late,” her daughter told The International Herald […]
By John Tilak and David French | TORONTO/NEW YORK TORONTO/NEW YORK Kinder Morgan Inc (KMI.N) has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the C$6.8 billion ($5.2 billion) expansion of its Trans Mountain pipeline project, according to people familiar with the process. Kinder Morgan has held discussions with Canada Pension Plan Investment Board, the Caisse de […]
Estimated failure rates from single event upsets at the transistor, integrated circuit and device level for the last three semiconductor architectures. Credit: Bharat Bhuva, Vanderbilt University You may not realize it but alien subatomic particles raining down from outer space are wreaking low-grade havoc on your smartphones, computers and other personal electronic devices. When your computer crashes and you get the dreaded blue screen or your smartphone […]
The “scorpion” robot is designed to withstand up to 1,000 sieverts of radiation A “scorpion” robot sent into a Japanese nuclear reactor to learn about the damage suffered in a tsunami-induced meltdown had its mission aborted after the probe ran into trouble, Tokyo Electric Power company said Thursday. TEPCO, the operator of the Fukushima nuclear plant, sent the remote-controlled device into the No. 2 reactor where radiation […]
Astronomers have found 60 new planets, including a super-Earth, orbiting stars near the solar system. Lick-Carnegie Exoplanet Survey For two decades, scientists observed 1,600 stars using the W.M. Keck Observatory in Hawaii and discovered 60 new planets outside of the solar system. Through the project called the Lick-Carnegie Exoplanet Survey, which started in 1996 and aims to search for exoplanets, scientists were also able to find evidence of […]
Thursday 05.10 GMT Overview The dollar was on the back foot in afternoon Asia trading on Thursday as US Treasuries steadied and oil prices found their footing after dipping on news of growing US stockpiles. Hot topic The dollar index tracking the greenback against a basket of peers was off as much as 0.3 per cent, as a rally spurred by US Federal Reserve chair Janet Yellen’s […]
Joo Kim Tiah, the son of one of Malaysia’s wealthiest tycoons, sat on stage in the summer of 2013 as his new business partner announced their plans for a C$360m luxury condominium-hotel project on Vancouver’s most prestigious downtown thoroughfare. With characteristic salesmanship, Donald Trump bragged that the 63-storey glass tower on West Georgia Street would be “one of the great buildings, not only in Canada and the […]
There is a super-Earth existing outside the solar system near our planet. This must be good news when efforts are underway to colonize Mars. This was revealed in the Lick-Carnegie Exoplanet Survey by a team of international scientists. It was led by astronomers Steve Vogt, Geoffrey Marcy from the University of California, and Carnegie Institute of Science’s Paul Butler at Washington. The team discovered 60 new planets and […]
Your daily guide to community and cultural activities across the Emirates for February 15, 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 Sign […]
DHAKA Bangladesh police on Tuesday shot dead a suspected militant commander and a close aide of the mastermind of the cafe attack last year that killed 22 people, mostly foreigners, a police official said. Police said Abu Musa, 32, was a close associate of Jahangir Alam, one of the masterminds of the July attack who was arrested last month, and wanted for killings of religious minorities and […]
The UAE shall take quality-focused steps to create a supportive environment for innovation at a legislative level and for educational system, economic and media segments, says UAE Economic Minister Dubai, February 14, 2017 Engineer Sultan bin Saeed Al Mansoori, Minister of Economy chaired the seminar on innovation and the future of economy at the World Government Summit, a global platform dedicated to shaping the future of government […]
By Shadia Nasralla | VIENNA VIENNA An Austrian opposition lawmaker accused Turkey on Tuesday of operating an informer network via its embassy in Vienna that he said targets critics of President Tayyip Erdogan, promotes his policies and receives payments from Ankara. Peter Pilz, from the Austrian Greens, said he had sent documents to the police detailing the activities of the ATIB, an umbrella organisation headed by the […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. The Tuesday morning news shows were dominated by word that Michael Flynn is out as national security adviser. “Stunning” was the call by the Trump home team at “Fox & Friends.” It proceeded to quote its usual media pinatas in […]
By Pamela Barbaglia and Edward Taylor | LONDON/FRANKFURT LONDON/FRANKFURT PSA Group (PEUP.PA) is holding talks with General Motors (GM.N) about buying its European Opel division, the French carmaker said on Tuesday, a deal which would increase competition for market leader Volkswagen (VOWG_p.DE). The maker of Peugeot, Citroen and DS cars is “exploring a number of strategic initiatives with GM with the aim of increasing its profitability and […]
PANAMA CITY — Prosecutors in Panama say they’ve formally arrested the partners of a law firm involved in last year’s “Panama Papers” scandal, in which thousands of pages of documents related to offshore accounts were leaked. The arrests announced Saturday are related to another scandal involving bribes paid by the Brazilian company Odebrecht. Ramon Fonseca Mora and Jurgen Mossack are partners at the Mossack-Fonseca firm. Officials pulled […]
MSNBC’s Brian Williams cut to the chase as soon as the Monday press conference between President Trump and Canadian Prime Minister Justin Trudeau ended. “The news out of this gathering is not anything either leader said,” Williams intoned. “It was exactly what wasn’t said because it wasn’t asked.” “There is no shortage of superb coverage coming out of this White House press corps,” he noted. But, alas, […]
|By Matein Khalid| The US Dollar Index has now fallen 3.5% since it peaked on January 3. Donald Trump and his White House aides broke the 20 year taboo against speaking out against the “strong dollar” policy platitudes. The Federal Reserve did not raise interest rates and signaled no rate hike is imminent at the March FOMC. It is significant that the US dollar has fallen against […]
They see their quasi-celebrity status as a chance to build up the sport in the Cayman Islands, where N.H.L. games are regularly shown in sports bars and roller-hockey and ball-hockey programs have been in place since the 1980s. “We’re trying to promote the game,” Klein said. “This is not just a bunch of old guys living their dream.” Christine Maltman, Klein’s wife, successfully pitched a fund-raising idea, […]
