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February 18, 2017 by: Kathrin Hille in Moscow Russia has moved to recognise documents issued in separatist-controlled areas of eastern Ukraine, a step which could heighten tension with Kiev just as efforts are underway to reinforce a shaky ceasefire in the region.  According to an order by president Vladimir Putin published by the Kremlin on Saturday, Moscow will temporarily recognise identification documents, education and qualification documents, birth, […]

By Jonathan Landay | MUNICH MUNICH Russia has shown no change in behaviour or policies to embrace U.S. President Donald Trump’s offer of better relations or cooperation in fighting Islamist militants, U.S. officials and lawmakers say.     Trump’s latest overture was delivered by Vice President Mike Pence on Saturday to a security conference in Germany held amid European worries over U.S. commitment to the continent’s security and […]

By John Irish and Andrea Shalal | MUNICH MUNICH Germany, France, Russia and Ukraine agreed on Saturday to use their influence to implement a ceasefire and the withdrawal of heavy weapons from Monday in eastern Ukraine. Fighting has recently escalated between Ukrainian forces and Russian-backed separatists in the region, refocusing global attention on a simmering conflict that has strained relations between Russia and the West. “On Feb. […]

MOSCOW President Vladimir Putin ordered Russian authorities on Saturday to temporarily recognise civil registration documents issued in separatist-held areas of eastern Ukraine, a decision strongly criticised by Ukraine’s president. The decision will enable people from the conflict-hit region to travel, work or study in Russia. According to Putin’s order, published on the Kremlin website, Russia will temporarily recognise identity documents, diplomas, birth and marriage certificates and vehicle […]

BEIRUT Syrian warplanes carried out air strikes in a besieged rebel-held district of Homs on Saturday that killed at least two people, adding to a death toll of more than 20 in nearly two weeks of air raids, an activist and monitors said. Al-Waer, the last rebel-held neighbourhood in the western city of Homs, had for months been spared much of the intense violence raging elsewhere in […]

Committed to its new strategy to support the corporate sector with innovative financing solutions 18 February 2017 Kuwait – Warba Bank has announced that an agreement has been concluded with Al-Mulla International Financing Company by which the bank will increase the allocated amount of the acquisition of financing portfolios from Al-Mulla International Financing to reach the amount of 50 Million Kuwaiti Dinars. This substantial agreement reflects Warba Bank’s […]

February 17, 2017 by: Eric Platt, US Capital Markets Correspondent A few seats away from starlets Adriana Lima, Amber Valletta and Diane Kruger in the salon at New York’s St. Regis hotel, buyers from the department store chain Bergdorf Goodman were trend-spotting. They were there to see Jason Wu’s latest autumn collection, a line-up full of amber gold velvet draped dresses, smart glen plaid workwear and sheer […]

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A huge billboard erected at the Lundu town square with a stark reminder of what the late Chief Minister Tan Sri Adenan Satem wished to do but could not accomplish following his demise in January. Picture taken February 17, 2017. — Picture by Sulok TawieLUNDU, Feb 18 — The odds are heavily stacked against State Reform Party (STAR) and Parti Bansa Dayak Sarawak (PBDS Baru) winning the […]

Brad Grey, the chairman and chief executive officer of Viacom Inc’s (VIAB.O) Paramount Pictures film studio is expected to leave with an announcement coming as early as next week, according to two sources familiar with the situation. Grey’s departure from the studio, which he has headed for 12 years, comes after years of underperformance, producing box office bombs such as “Teenage Mutant Ninja Turtles: Out of the […]

Ambitious dealmaking can spell pain for corporate bond investors. Unilever’s bondholders were offered a reminder of that on Friday as prices for the Anglo-Dutch consumer group’s debt fell after the company rejected a $143bn takeover approach from US rival Kraft Heinz. Bonds that were sold only last week by Unilever dropped, with half the €1.2bn issue sliding 2 per cent to 98.37 cents on the euro, leaving […]

Current economic conditions around the world provide a good foundation for growth. But unprecedented levels of market uncertainty mean that organizations have to be ready to change strategy faster than ever before. Growth around the world In the US, President Donald Trump has inherited an economy with strong fundamentals: low inflation, and the lowest unemployment rate since 2007. He has promised a pro-business economic agenda with lower […]

As the war between the Trump administration and the “fake news” media rages on, after seemingly escalating in recent weeks, Jared Kushner, President Trump’s son-in-law and close adviser, allegedly met with a senior Time Warner executive recently to express the administration’s deep concerns about CNN’s news coverage, according to anonymous sources cited by the Wall Street Journal.  The meeting apparently involved Gary Ginsberg, executive vice president of […]

Strata Manufacturing, the advanced composite aero-structures manufacturing company owned by Mubadala Development Company, has signed an agreement which will look at using 3D printing technology to create aircraft parts. The deal inked with India’s Reliance Defence Limited is part of plans to collaborate on advanced aerospace manufacturing capabilities between India and the UAE. The agreement continues to deepen the bilateral ties developed between the UAE and India […]

The Australian government has announced the signing of a treaty-level Science, Research, and Innovation Cooperation Agreement with the New Zealand government. As part of the agreement, Australia and New Zealand will work together to tackle chronic disease, advance general health care, and improve the accuracy and availability of GPS signals, said recently appointed Minister for Industry, Innovation and Science, Senator Arthur Sinodinos. “This is the first treaty […]

By Roberta Rampton | WASHINGTON WASHINGTON U.S. Vice President Mike Pence will seek on Saturday to soothe allies unnerved by his boss’ unorthodox statements on Russia and NATO as he stresses America’s commitment to Europe during the first major foreign address for the Trump administration. Pence will tell the annual Munich Security Conference that Europe is an “indispensable partner” for the United States, a message he will […]

PATHUM THANI, Thailand — Thai police raided the head temple of a controversial Buddhist sect but failed to find and arrest the abbot, who faces criminal charges over accepting $40 million in embezzled money. The action Thursday followed several earlier failed attempts to seize Phra Dhammajayo, 72, head of the Dhammakaya sect. Police were previously thwarted when crowds of monks and followers blocked the way, risking a […]

Shaul Arieli, an Israeli expert on political geography who prepared maps for past negotiations with the Palestinians and is a member of Commanders for Israel’s Security, the group behind the billboard campaign, said “one state is impossible” for Israel. Demographically and economically, absorbing millions of comparatively poor Palestinians would destroy it, he said. Results of a survey of Israelis and Palestinians released on Thursday, put out jointly […]

Europe’s fish lovers are facing higher cod prices because of a prolonged fishing strike in Iceland and increased demand after the rising cost of salmon led shoppers to seek alternatives. Norwegian cod prices have risen almost 30 per cent from a year ago to €2 a kilogramme after a 45 per cent rise in salmon prices over the same period led consumers to look for cheaper substitutes. […]

Washington’s top diplomatic and military officials have set out their conditions for co-operation with Russia by calling on Moscow to fully comply with an international peace accord on Ukraine, in a reaffirmation of Obama era priorities. The comments from Rex Tillerson, secretary of state, and James Mattis, defence secretary, came amid accusations that other aides close to Donald Trump had improper communications with Russian officials, a scandal that […]

By John Irish | BONN, Germany BONN, Germany France considers the U.S. position on the Israeli-Palestinian conflict “confused and worrying”, its foreign minister said on Thursday, reacting to U.S. President Trump’s dropping of the America’s commitment to a two-state solution. Jean-Marc Ayrault met Secretary of State Rex Tillerson at a G20 meeting of foreign ministers in Bonn where, he said, he got some reassurance about Washington’s stance […]

Ten years ago Vladimir Putin angrily declared that the post-cold war order was a sham. Standing before the western military and diplomatic establishment at the Munich Security Conference, the Russian president accused the US of plunging the world into chaos by warmongering, meddling in other countries’ affairs and disregarding international law. For many, it marked the moment that Mr Putin became an adversary. Now, as foreign policy […]

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. Imagine the reporters who must cover daily a bombastic New Yorker who has inherited a fortune, exudes a sense of entitlement, disdains much of the press, trafficks in half-truths, has overseen properties in huge disrepair, routinely overrules underlings, disdains public […]

ISLAMABAD: A five-member bench of the Supreme Court headed by Justice Asif Saeed Khosa resumed hearing the Panama Leaks case, today. Salman Akram Raja, the counsel for PM’s family is continuing his arguments. During the proceedings, he provided the service records of Minerva firm pointing that Faisal Tiwana, a representative of Hussain Nawaz, made an agreement with the Arena company. Justice Azmat Saeed responded by inquiring the […]

By Robin Emmott | BRUSSELS BRUSSELS European NATO allies agreed on Thursday to jointly buy planes and submarines and possibly open a new command headquarters for elite troops as Europe seeks to show the United States it is serious about its own security. In signing ceremonies at NATO, defence ministers from France and Germany said they will buy Lockheed Martin C-130J transport planes, while Germany, Belgium and […]

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