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BERLIN Online fashion retailer Zalando (ZALG.DE) is pondering opening stores in major cities such as London, Paris or Berlin, the company’s co-chief executive told Germany’s Manager Magazin. “We have proper fans in the metropolises who spend much time with us and order a lot,” co-Chief Executive Rubin Ritter said in an interview published on Saturday. “It could be interesting for them to also experience the brand offline,” […]

Say you’re a gaming company that released a brand-new console, a throwback to one of your old hits. Suppose it became an instant rousing hit to the point where a lot of people went out of their way to snag one from any store that had it. This is great, right? People actually want your product, a demand which you had not expected from the get-go. What […]

Cloudera CEO Tom Reilly ringing the bell at the NYSE Friday. Cloudera closed out its first day of trading on the New York Stock Exchange with its share price up 20 percent to $18.10. The Apache Hadoop-based software and services distributor started trading Friday morning at $17.80 a share under the ticker symbol CLDR. On Thursday evening, Cloudera priced its shares at $15, raising around $225 million […]

When it comes to repackaging bad loans in the eurozone, 2017 has been a tale of two peripheries. While global investors who had been hoping to buy debt backed by Italy’s non-performing loans have been left disappointed, in Ireland deals are gathering momentum. Lone Star this week priced its latest securitisation of Irish mortgages, with the US private equity firm selling €420m of bonds backed by distressed […]

Emerging from an Hermès store in Shanghai with a shiny new watch costing “tens of thousands” of renminbi, Zhao Feifei is emblematic of a younger generation of Chinese consumers driving a rebound in sales of European luxury brands. “I’m earning more than before so I’m more willing to spend,” says Ms Zhao, who works in an internet finance company. The 30-year-old is one of the many customers […]

By Nobuhiro Kubo | SASEBO SASEBO As tension spikes on the Korean peninsula, a French amphibious assault carrier sailed into Japan’s naval base of Sasebo on Saturday ahead of drills that risk upsetting China, which faces U.S. pressure to rein in North Korea’s arms programmes. The Mistral will lead exercises next month near Guam, along with forces from Japan, the United States and Britain, practicing amphibious landings […]

By Jeffrey Dastin | SAN FRANCISCO SAN FRANCISCO Amazon.com Inc’s ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus. The Seattle-based company wowed Wall Street again this week with a 23 percent jump in sales, pushing its shares to an all-time high. But there are concerns that if blockbuster growth stops, investors may come to […]

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At Al Azhar, he embraced the mosque’s Grand Imam, Ahmad al-Tayeb, who urged the West not to hold an entire religion “accountable for the crimes of any small group of followers.” Continue reading the main story Pope Francis then turned to matters of state, seeking to encourage progress on human rights from his host, President Abdel Fattah el-Sisi. Mr. Sisi ousted the Muslim Brotherhood in a military […]

The press freedom situation in the United States is worsening not only because of President Trump’s anti-press rhetoric but because of a constellation of factors including arrests, detainment, lawsuits, physical violence and outright censorship, according to a new report. The report, released by the London-based Index on Censorship this week, chronicles the recent threats to journalist safety and freedom of expression and takes a holistic view of […]

When the Nasdaq Composite index first spent two days above the 5,000 mark, it signalled the last gasp of a spectacular bull market. Confidence in internet companies’ power to change the world and mint fortunes was about to collapse. Seventeen years later the market has hit a milestone of 6,000, part of a run of record highs for global equity markets. While stocks have again been rising […]

Alphabet/Google announced first quarter financial results that beat Wall Street estimates. But the jump in revenues hides a large problem that hasn’t been solved. From Matthew Lynley at Techcrunch The Google core business is, as usual, quite boringly efficient. We tend to see the same story every quarter – the value of each ad (cost-per-click) goes down while the number of ad impressions goes up, and Google […]

When the U.S. Marines and Allied forces stormed the beaches of Normandy in June 1944 over 200,000 Allied forces lost their lives in a matter of weeks. Now, courtesy of some futuristic military technology, “storming a beach” can be done from a completely remote location with some machine-gun wielding robots and not a single human casualty.  Per a recent Fox News note, in addition to miniature robot […]

Boarding completed, seatbelts are fastened and the aircraft is slowly rolling over the tarmac to the runway, almost ready for takeoff. But before the plane can leave the ground, all passengers are made aware of the safety features on board via video on screen. Safety videos are a necessary form of visual communication to ensure all passengers can follow procedures in case of an unlikely emergency. However, […]

Microsoft’s latest Fast Ring PC Insider build brings back a feature that the company cut from the Creators Update: My People. Windows 10 Build 16184 for PCs, which Microsoft released to testers on April 28, includes this feature which makes it easier to communicate with selected contacts. My People allows users to pin specific people (current limit is three) to the taskbar; view multiple communication apps together; […]

Your daily guide to community and cultural activities across the Emirates for April 28, 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 Ajman Theatre See the final […]

Atlus has issued an apology for the draconian video policy that it implemented for Persona 5, and has now rolled back on the streaming limitations for the RPG. The apology came as streamers criticized and defied the policy, which limited uploaded video content of Persona 5 to only reach until July 7 in the RPG’s in-game calendar. Atlus’s Restrictive Streaming Policy For ‘Persona 5’ In a post published by […]

Artificial Intelligence (AI) is a concept that has a long standing tradition in the realm of science-fiction, popularized by Hollywood movies and iconic writers such as Isaac Asimov. However, AI has also received increased attention in recent years following news of progress in the field and the prospect of new, tangible, innovation such as self-driving cars. The Internet has played an important role in these developments, particularly […]

DUBAI// With barely a second to take in a gulp of air, professional wrestling hopefuls were trained to run the ropes, hit the mat and take knocks under the watchful eyes of talent spotters. Forty men and women from across the Middle East and India are being pushed to their limit and beyond this weekend as part of a global search by WWE at Dubai Opera House. […]

Mahatma Gandhi said that a journalist’s peculiar function is to read the mind of the country and to give definite and fearless expression to that mind. Journalism plays a critical role in the development of any society. It’s a driving force for social progress, thought and expression. It informs the public on important matters; it holds entities and people accountable for their actions and decisions; and it’s […]

By Phil Stewart and Yara Bayoumy | WASHINGTON WASHINGTON When U.S. Defense Secretary Jim Mattis greeted Saudi Arabia’s foreign minister at the Pentagon last month, the first thing he did was joke about the time “the Iranians tried to murder you.” Mattis’ reference to a foiled 2011 plot, denied by Iran, was a telling sign of how much more aligned President Donald Trump’s administration is with Gulf […]

Oman positioned fourth among Dubai’s top 10 source markets for inbound tourism, with the second highest contribution to visitation among GCC countries 26 April 2017 Dubai, UAE – The Annual Visitor Report 2016 released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) during this year’s Arabian Travel Market reveals the emirate welcomed over a million overnight visitors from Oman. This marks a 3 per cent […]

A desire to volunteer led Abdul Karim Al Zarouni to the war-torn Syria where he saw both ISIL brutalities and the deep scar they have left in the minds of young Syrian children. It is every student’s dream to have a gap year and see what the world has to offer. But nobody wants a gap year, and see something as horrible as ISIL troops trying to […]

The Public Broadcasting Act of 1967, which created the Corporation for Public Broadcasting (CPB) and later led to the creation of both PBS and NPR, also recognized the importance of archiving public broadcasting material in the United States. It stipulated that CPB should: …Establish and maintain, or contribute to, a library and archives of noncommercial educational and cultural radio and television programs and related materials and develop […]

Guardians of the Galaxy Vol. 2, one of the most highly anticipated movies of 2017, was an intergalactic rollercoaster ride from start to finish, featuring a complete range of emotions, laser blasters, all kinds of love, a living planet, and Baby Groot. How such a crazy combination of elements works in a film is beyond comprehension, but the chaos is exactly what makes Guardians of the Galaxy […]

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