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PARIS France’s far-left presidential candidate Jean-Luc Melenchon said on Saturday he had secured the 500 endorsements from elected officials needed in order to run in the election. “We have our 500 sponsors!” Melenchon tweeted. The European parliamentarian, whose “Indomitable France” grouping is backed by the country’s Communist party, had reached 432 signed endorsements from lawmakers and mayors on Friday, according to France’s constitutional court. Former Economy Minister […]

ANKARA Turkish Foreign Minister Mevlut Cavusoglu said on Saturday deals with the European Union, including an agreement on stemming the flow of migrants, would be jeopardised if the bloc failed to implement promised visa liberalisation for Turks. Cavusoglu, speaking to CNN Turk television, said Turkey would present a final text to the bloc “and either it will all be cancelled, including the visa liberalisation and migrant deal, […]

The two most powerful men in the world oil market appeared together in Houston on Tuesday to tell the world that their strategy was on track. In December, Khalid al-Falih and Alexander Novak, the energy ministers of Saudi Arabia and Russia, orchestrated a 24-nation plan to cut oil output in the first half of 2017. This week they spoke to reporters in a hotel conference room at the […]

Canada’s Postmedia company is laying off more than 50 employees at The Vancouver Sun and Province after a months-long buyout process aimed at cutting the company’s payroll. Fifty-four union employees are being laid off as of April 8, according to a memo from Brian Norris, the director of human resources for the The Vancouver Sun and Province. The company is asking for volunteers, who will each receive […]

The SEC just issued their ruling on the Winkelevoss bitcoin ETF, and it wasn’t good news for enthusiasts of the digital currency. Regulators rejected the proposed application, mainly because of the lack of regulation currently surrounding bitcoin. An approval would have meant that the public could invest in bitcoin simply by purchasing shares in the ETF, which would trade on a U.S-based stock exchange. The assumption was that an […]

By Phil Stewart and Idrees Ali | WASHINGTON WASHINGTON The U.S. military said on Friday it plans to forge ahead with building the THAAD missile defence system in South Korea, separating the issue from a political crisis in Seoul that saw President Park Geun-hye’s removal from office on Friday. The United States started deploying the first elements of its advanced anti-missile defence system in South Korea on […]

10 March 2017 MARC has affirmed its ratings of MARC-1/AA on Murud Capital Sdn Bhd’s (Murud Capital) Senior Commercial Papers/Medium-Term Notes Programme (Senior CP/MTN Programme) of up to RM290 million. The outlook on the ratings is stable. Murud Capital currently has an outstanding RM279 million Senior CP under the Senior CP/MTN Programme. Murud Capital is a special purpose vehicle incorporated by MRCB-Quill REIT to set up the […]

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DETROIT Volkswagen AG (VOWG_p.DE) pleaded guilty on Friday to three felony counts as part of a $4.3 billion plea agreement reached with the Justice Department in January over the automaker’s massive diesel emissions scandal. VW general counsel Manfred Doess made the plea on the company’s behalf after he said at a hearing in U.S. District Court in Detroit that he was authorized by the board of directors […]

Photo Tajrish Square in Tehran. The Iranian economy did not get the boost many had hoped for after the nuclear deal. Credit Arash Khamooshi for The New York Times Iran’s top leader criticized the pace of national economic growth on Thursday in what appeared to be a rebuke of the president, who had forecast prosperous times after the 2015 accord that lifted international sanctions in exchange for […]

Riyadh, 09 March, 2017 Mobile Telecommunication Company Saudi Arabia (Zain Saudi Arabia) announced its financial results for the full financial year ending December 31, 2016. Key Performance Indicators for the 12 months ending 31 Dec 2016: Compared to Full-Year 2015, Zain Saudi Arabia reported: Advertisement Revenues increased by 3% to SAR 6,927 million, Gross profit grew by 11% to SAR 4,401 million. EBITDA also grew by 10% […]

Qatar Airways will not take delivery of any Airbus A320neo aircraft this year as it looks to change its order to larger A321neos, Chief Executive Akbar Al Baker said. The Gulf carrier has refused to take delivery of Airbus A320neos since December 2015, initially after performance issues with the aircraft’s new engines. “I have to scream at Airbus to get my planes faster. I am nearly eight […]

Tunis and Dubai, March 9, 2017 – Nasdaq Dubai and Bourse de Tunis have signed a Memorandum of Understanding (MoU) to explore collaboration possibilities, including initiatives regarding existing and future issuers and listings on the two exchanges. Ways to promote Islamic capital markets products and solutions will also be considered under the MoU, together with supporting potential links between central securities depositories in the respective jurisdictions. The […]

Oil prices were under intensifying pressure on Thursday, with the US West Texas Intermediate benchmark dipping below $49 a barrel for the first time since late November. The falls came after oil prices fell the most in more than a year over the previous session when US crude inventories climbed for a ninth straight week to a record high. Renewed concerns about a supply glut sent ripples […]

European leaders moved on Thursday to isolate Poland as prime minister Beata Szydlo insisted she would press ahead with her campaign to oust Donald Tusk, the country’s former premier, as head of the European Council. Government leaders from across the EU lined up in support of Mr Tusk as they arrived for a Brussels summit at which they will press to give the European Council president a […]

Oil prices were back under pressure on Thursday, with the West Texas Intermediate benchmark falling under $50 for the first time since December. The falls came after oil prices fell the most in more than a year over the previous session when US crude inventories climbed for the ninth straight week to a record high. Renewed concerns about a supply glut sent ripples through the currency market […]

09 March 2017 AMMAN – Talal Abu-Ghazaleh & Co. Consulting (TAG-Consult) for Quality Management Systems and Sana Pharmaceutical Industries signed a cooperation agreement for the preparation and application of CE Marking (the European quality mark) under the supervision and with the funding of the European Bank for Reconstruction and Development (EBRD). The agreement is considered the first of its kind in the field of management system consulting […]

“Every day that goes by, my concern for my father and Siamak increases,” Mr. Namazi said this week in a telephone interview from Dubai, where he lives. He expressed particular anxiety about his father, who has a heart ailment, saying that an Iranian prison cell was “no place for an aging old man.” Continue reading the main story Last month, on the anniversary of the elder Mr. […]

There are efficiency gaps between the startup ecosystems in Singapore and Silicon Valley, which the former can address by introducing simpler and clearer investment terms. Doing so would, in turn, attract more mature startups to their fold and better set up founders for success, according to executives from muru-D’s Singapore outfit. The Telstra-owned accelerator had just completed its second batch of eight startups under the six-month programme, […]

Highlights of the day for U.S. President Donald Trump’s administration on Wednesday: WIRETAPPING Two senior senators ask the FBI and Justice Department for any information they have on Trump’s unsubstantiated claim that predecessor Barack Obama wiretapped him during the presidential campaign. HEALTHCARE The top U.S. doctors’ organization and several hospital groups come out strongly against a Republican plan backed by Trump to overhaul America’s healthcare system as […]

Continue reading the main story But the agent has his passport and has refused to refund his recruitment fee, he said. He has no money for a plane ticket. “There is a huge dependence on migrant workers who have employment terms that are no different than indentured servitude,” said Sarah Leah Whitson, director of the Middle East and North Africa division of Human Rights Watch, an advocacy […]

VIENNA The U.N. nuclear agency’s 35-nation Board of Governors on Wednesday backed the agency’s chief, Yukiya Amano, for a third term as director general after he ran unopposed on a platform of continuity in dealing with issues like Iran’s nuclear programme. Amano, a 69-year-old career diplomat from Japan, has headed the International Atomic Energy Agency (IAEA) since 2009, including the years leading up to Iran’s nuclear agreement […]

Poisoned. Stabbed. Driven to suicide. These are just some of the unpleasant ways women in 19th-century opera meet their demise. Mimi, from La Bohème, is no different.  Giacomo Puccini’s masterpiece – which comes to Dubai Opera for three performances from today until Saturday – sees the opera’s heroine end her days in poverty, coughing up blood, too poor to buy medicine, and estranged from her one true […]

by March 7, 2017, 11:46 AM EST Royal Bank of Canada closed accounts of about 40 clients and bolstered tax compliance following a review of offshore accounts tied to last year’s leak of records from a Panama law firm. “The review is completed,” J-F Courville, chief operating officer of Royal Bank’s wealth-management unit, said in an interview. “We found out we have a business with good controls, […]

The two Fortune 500 companies, International Business Machines corp. (IBM) and Salesforce, have agreed to integrate their artificial intelligence platforms and some of their software and service components. As part of the deal, Salesforce customers could make use of the data from IBM’s Watson artificial intelligence platforms whereas IBM would be deploying Salesforce Service Cloud for internal use, more or less a sign of good will. The […]

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