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UBS finished a tough 2016 on an upbeat note, with an unexpectedly strong increase in fourth-quarter profits, and has predicted improved US investor confidence would this year boost its wealth management businesses. However, Sergio Ermotti, chief executive, warned the more positive US trends were not mirrored globally, and UBS’s shares fell 1.2 per cent in early trading as analysts raised concerns about unexpected fourth-quarter outflows of clients’ […]

(Image: CBSNews.com) With the Trans-Pacific Partnership (TPP) having been dumped by new United States President Donald Trump on his first week in office, the question remains as to whether the remaining signatories will attempt to push through the deal by themselves or with China’s aid — or whether they will instead use a Chinese-led deal. The TPP, signed by its 12 member states in February 2016, was […]

The directive to identify new ways to hasten the demise of the Islamic State, also known as ISIS and ISIL, has been widely anticipated by military commanders, who have begun drafting classified options to increase the pressure on the militant group, especially in Raqqa and Mosul, the stronghold in Iraq. Continue reading the main story Work on the directive was described by several current and former officials […]

BEIRUT: The Trump administration’s expressed interest in setting up safe zones for civilians in Syria was greeted Thursday with caution by Russia and Turkey, who have taken the lead in the latest peace efforts to end the Mideast country’s devastating six-year war.Turkey said it had always supported the idea, but both Ankara and Moscow said such plans would require careful consideration while a senior European Union official […]

If protectionism is about to be unleashed by Donald Trump on America’s closest trading partners, foreign exchange traders are acknowledging the threat in a funny old way. On Wednesday, when Mr Trump issued an executive order to build a wall on the Mexican border, the peso rallied more than 2 per cent. Since slumping to a record low of 22.03 pesos two weeks ago, the currency has […]

Wikimedia Commons Apple has announced a joint venture with NV Energy to build a 200-megawattt solar plant in Nevada, furthering the firm’s goals to utilize only renewable energy sources in the future. The companies revealed the venture on Wednesday, which aims to provide enough power to cater for Apple’s energy needs in its Reno Technology Park data center. In the coming weeks, NV energy will file an […]

Agreement exchanged in presence of HH Sheikh Mohamed bin Zayed and India’s PM Narendra Modi Abu Dhabi, UAE – January 25, 2016  In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and India’s Prime Minister, Narendra Modi, the Abu Dhabi National Oil Company (ADNOC) and the Indian Strategic Petroleum Reserves […]

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India signed a deal with the United Arab Emirates on Wednesday that allows the Gulf OPEC country to fill half of an underground crude oil storage facility at Mangalore that is part of New Delhi’s strategic reserve system. New Delhi announced a series of pacts with the UAE ranging from defence, trade, maritime cooperation to energy after a meeting between Prime Minister Narendra Modi and Abu Dhabi’s […]

WASHINGTON: The US congresswoman who made a recent secret trip to war-torn Syria confirmed on Wednesday that she met there with President Bashar Assad as part of her effort to end the years-long conflict.House Democrat Tulsi Gabbard this month traveled to Damascus and the decimated city of Aleppo on a fact-finding mission, where she met with refugees, Syrian opposition leaders and relatives of fighters on both sides […]

NEW DELHI // Sheikh Mohammed bin Zayed on Wednesday held official talks with Narendra Modi, the prime minister of India. The leaders discussed boosting ties between the two countries as well as several regional and international issues, including terrorism and violence. Sheikh Mohammed, Crown Prince of Abu Dhabi and Deputy Supreme commander of the Armed Forces, met Mr Modi at Hyderabad House in the capital. Mr Modi […]

Tthe Block Island Wind Farm off the shores of Rhode Island Local authorities approved the largest offshore wind farm in the United States on Wednesday, to be located near Long Island and capable of powering some 50,000 households. Construction on the site, which could begin by 2019, is set to install an initial 15 turbines with a capacity of 90 megawatts. The South Fork Wind Farm […]

  Dubai, January 25, 2017 SAMENA Telecommunications Council, the tri-regional, non-profit telecommunications industry association that embodies a community of South Asian, Middle Eastern, and North African telecoms operators, manufacturers, and specialist ICT firms, moderated a regulatory roundtable on spectrum management at the 3rd Annual MENA Spectrum Management Conference held in Dubai on 24 – 25 January. The conference, which was hosted by Telecommunications Regulatory Authority (TRA) in […]

United Arab Emirates-based military vehicles maker NIMR Automotive is teaming up with Czech state defence equipment company VOP CZ to try to break into European markets in the coming years, the head of NIMR said in an interview. NIMR, a subsidiary of state-owned Emirates Defence Industries Company (EDIC) and a leading military vehicles manufacturer in the Middle East, is on a push to expand its global reach […]

Writing today in The National, Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and Narendra Modi, India’s prime minister, pledge new and enhanced cooperation on defence, trade, investment, food security, renewable energy and space research: India and the UAE are linked by our common desire to build a resilient modern strategic partnership. This desire has become more manifest […]

By Julia Edwards Ainsley | WASHINGTON WASHINGTON President Donald Trump was to start signing directives on Wednesday to begin building a wall along the U.S. border with Mexico and crack down on U.S. cities that shield illegal immigrants, moving quickly on sweeping and divisive plans to curb immigration and boost national security. The Republican president is also expected to take steps in the coming days to curb […]

Donald Trump is pressing ahead with his controversial border security measures in his first week in office, including his plan to build a wall along the US-Mexico border. Mr Trump on Wednesday was expected to follow through on his signature campaign issue by ordering the government to use funds to start building the wall. He told ABC News that construction along the 2,000-mile border would begin “in […]

BERLIN Germany, in unusually strong criticism of Israel, said on Wednesday plans to build 2,500 more settlement homes in the Israeli-occupied West Bank put in doubt Israel’s stated commitment to a two-state solution with the Palestinians. Israel announced the plans on Tuesday in the second such declaration since U.S. President Donald Trump took office signalling he could be more accommodating toward such projects than his predecessor Barack […]

Jan 25, 2017 11:55 am IST India will put its military hardware on display Thursday, as the country celebrates its 68th Republic Day in New Delhi. A parade along the city’s ceremonial boulevard Raj Path, which starts at 9 a.m. India time (10.30 p.m. ET), will showcase Indian culture and the country’s achievements in the fields of science and technology. The celebrations, which mark the day the […]

By Mitra Taj and Teresa Cespedes | LIMA LIMA A top Latin America executive of Brazil’s Odebrecht SA [ODBES.UL] pushed back against calls to bar the company from countries where it has admitted to bribery across the region, warning “radical” reactions would jeopardise its ability to pay penalties. Odebrecht is “struggling to survive” in the wake of a growing graft scandal in Latin America and wants to […]

The club crest of Spanish soccer team Real Madrid will be altered to remove the traditional Christian cross from clothing apparel sold in some Middle East countries under a regional deal. Marka, a retailing group in the United Arab Emirates, has been granted exclusive rights to “manufacture, distribute and sell Real Madrid products” in the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman, the company said in […]

Despite the supposed cease-fire agreement, new clashes were reported in Wadi Barada, a besieged rebel-held area and source for most of the drinking water for Damascus, the Syrian capital. Water supplies have been cut off for weeks, and the government and rebel sides have blamed each other. Continue reading the main story The agreement among Iran, Russia and Turkey was announced a day after the Syrian factions […]

By John Irish and Andrew Osborn | ASTANA/MOSCOW ASTANA/MOSCOW Peace talks between the Syrian government and opposition in Kazakhstan were a coup for their international sponsors, but exposed the limits of what Russia, Turkey and Iran can achieve in their efforts to resolve the six-year-old war. It was the first time in nine months the two sides had come together, albeit briefly and unhappily, and the first […]

Photo Construction in the West Bank settlement of Ma’ale Adumim on Sunday. The Israeli government is showing signs that it is increasingly willing to disregard international condemnation of its settlements. Credit Mahmoud Illean/Associated Press JERUSALEM — Israel on Tuesday approved the construction of 2,500 housing units for Jews in West Bank settlements, throwing off diplomatic restraint just a few days into the beginning of the Trump administration. […]

Authored by Paul Craig Roberts, “Racist” is the favorite epithet of the left. Every white person (except leftists) is a racist by definition. As we are defined as racists based on our skin color, I am puzzled why we are called racists a second, third, and fourth time due to specific acts, such as favoring the enforcement of immigration laws. For example, President Donald Trump says he […]

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