After nine months’ gestation, the Brexit process has started. Both sides of the referendum have political points; Brexiters can say the UK economy is growing and there has been no market implosion, while Remainers can say UK assets have drastically underperformed the rest of the world, and the costs of the historic sterling devaluation are yet to be counted. Now, it is time to work out what […]
This originally ran in our weekly newsletter Local Edition. You can join the conversation here. A few months ago, my son, Max, got me thinking about adaptation. “Everything is different!” the 9-year-old blustered from the back seat after his Kindle finished updating. “I can’t find anything now!” “That stinks,” I told him. But it’s also good practice, I said, for a skill that younger people figure out […]
Dubai-based investment bank Arqaam Capital is launching a globally focused hedge fund, it said on Monday, becoming one of only a handful of local firms to offer such a product. Although Dubai has been growing rapidly as a banking centre, the local fund management industry has largely confined itself to traditional equity and fixed income funds which focus on the Middle East region. Areski Iberrakene, who will […]
Spring offers ideal sightseeing weather, with destinations ranging from Japan and Rome to Cuba and Australia. David Whitley rounds up where to go this Spring. newslide April 2017 Japan The spring months are when Japan turns pink, with the famous cherry blossom trees bursting into life across the country. April is the peak of cherry blossom season and hits that sweet spot where temperatures are comfortable for […]
WASHINGTON President Donald Trump’s call for $1.5 billion this year to help build a wall along the border with Mexico could be in jeopardy as fellow Republicans in Congress weigh delaying a decision on the request. Republican Senator Roy Blunt, a member of his party’s leadership, told reporters on Tuesday that money for the wall likely would not be coupled with a spending bill that must pass […]
CAIRO Islamic State’s branch in Egypt’s Sinai Peninsula posted a video on Tuesday depicting the beheading of two men the militant Islamist group said it had found guilty of practicing witchcraft and sorcery. The video, posted on a Telegram channel often used by IS, showed the group forming a religious police unit known as the Hasbah in northern Sinai, where it has waged an insurgency for years. […]
For as long as man has looked up at the heavens, he’s pondered one question: Are we alone in the universe? While the answer remains unclear, there’s a tonne of research being conducted to determine just what life-sustaining planets beyond Earth might exist — and what they might look like. There’s no shortage of imaginative renderings and fiction about what such worlds may entail, as well. Countless […]
Tesla Motors and SpaceX boss Elon Musk says Neuralink will explore software on implantable devices for the human brain. Image: James Leynse Tesla and SpaceX boss Elon Musk has created another out-there venture called Neuralink, which will develop tech to enhance human brain capacity. Details of Musk’s new medical research company were reported by The Wall Street Journal on Monday. Musk plans to reveal more details in […]
Can I make this LED bulb a user interface to my home? Image: Simon Bisson First, a confession. I always wanted one of those internet-connected rabbits. You know the ones: they’d glow yellow if it was sunny, drop an ear if the NASDAQ had conniptions, and make burbling noises when a friend was trying to Skype you and you’d turned off all your speakers. What they were […]
‘You have here a case where all these are not qualified for the witness protection program but are in conspiracy with De Lima are not named in the information. Would you say that there is a singling out of the accused?’ Associate Justice Marvic Leonen asks Solicitor General Jose Calida Lian Buan Published 5:49 PM, March 28, 2017 Updated 5:54 PM, March 28, 2017 Solicitor General Jose […]
The Australian Federal Court has handed down its decision in Telstra’s proceedings against the Australian Competition and Consumer Commission (ACCC)’s final access determination (FAD) on wholesale copper pricing, with the judgment reaffirming the regulator’s decision. The ACCC’s FAD, published in October last year, cut the prices that the telecommunications giant can charge wholesale customers for use of its legacy copper network during the transition to the NBN […]
By Yashaswini Swamynathan U.S. stocks were well off session lows on Monday as investors sought bargains after a rough start on Wall Street following the defeat of President Donald Trump’s first major legislative action. Republicans were forced to pull a healthcare bill on Friday after failing to gather the votes needed in Congress to repeal and replace the Affordable Care Act also called Obamacare. The bill’s failure […]
Apple and Facebook are gearing up to challenge start-up Magic Leap and Microsoft’s HoloLens in the race to create a pair of augmented reality glasses that could one day replace the smartphone as consumers’ primary computing device. Apple is stepping up its efforts in AR eyewear, according to people with knowledge of its efforts, while Facebook is also researching the technology that can make what chief executive […]
By Ron Bousso and Ernest Scheyder | LONDON/HOUSTON LONDON/HOUSTON Royal Dutch Shell Plc (RDSa.L) and Anadarko Petroleum Corp (APC.N) may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive. The divorce and re-parceling of acreage would let each company drill and develop new wells at its own pace […]
Why Fort Lauderdale? At the centre of a south Florida coastal strip stretching from West Palm Beach to Miami, Fort Lauderdale is still, in many people’s minds, the quintessential Florida holiday destination, famous for its excellent beaches, which became synonymous with the image of thousands of partying college students on “spring break”. While its beaches are still fantastic – with clear water, soft sand and a well-planned […]
MyRepublic has said that retail service providers (RSPs) cannot offer gigabit-speed services on Australia’s National Broadband Network (NBN) for anything less than AU$300 thanks to the connectivity virtual circuit (CVC) charge. The comments came in response to NBN CEO Bill Morrow’s claims last month that consumers don’t need and wouldn’t use 1Gbps broadband, as evidenced by the fact that no RSPs have taken up NBN’s offer to […]
Elon Musk has finally shut down rumors that his own company, SpaceX, will greatly benefit from President Donald Trump’s latest bill for the National Aeronautics and Space Administration, or NASA. This is despite the unbelievable fact that the President just made human exploration to Mars a federal law. Elon Musk Not Happy Responding to a tweet by Kara Swisher, the cofounder of independent tech news website Recode, which implied that […]
By Alastair Macdonald and Jan Strupczewski | ROME ROME Europeans must contain their squabbling and carping about the EU if the Union is to survive, leaders warned on Saturday as they marked the 60th anniversary of its founding in Rome by signing a formal declaration of unity. Four days before Prime Minister Theresa May, absent from the ceremony in the Italian capital, delivers an unprecedented blow to […]
LONDON Thousands of people marched through London on Saturday to protest against Britain leaving the European Union, just four days before Prime Minister Theresa May launches the start of the formal divorce process from the bloc it joined 44 years ago. The Unite for Europe march was due to end with a rally in Parliament Square, scene of this week’s attack by British-born Islam convert Khalid Masood […]
Shares in one of China’s largest dairy groups plunged more than 90 per cent on the Hong Kong stock exchange on Friday, knocking $4.1bn from its market capitalisation. China Huishan Dairy Holdings was granted a trading suspension after its shares saw one of the biggest drops in the exchange’s history, cutting its market capitalisation from $4.85bn to $750m and likely causing paper losses for investors including BlackRock and Vanguard. Hong Kong’s bourse […]
Trailing by three, Clemson was driving against Alabama late in a pulsating, nerve-racking College Football Playoff championship game. Deadline for The Washington Post’s Chuck Culpepper meant filing almost immediately after the game ended. Culpepper looked at his computer, and only a couple of paragraphs stared back at him. Did he panic, knowing he had to generate an entire story on a close game in a matter of […]
24 March 2017 Sharjah, UAE – Themed ‘The Role of Social Media Platforms – From Participation to Real Partnership’, a panel discussion featuring communication specialists examined the role of social media in enabling governments to better communicate with their citizens on the second day of the sixth International Government Communications Forum (IGCF 2017). Eminent panellists included His Excellency Saeed Saleh Al Remeithi, Member of the UAE Federal […]
By Farah Master and Venus Wu | HONG KONG HONG KONG As visitors sip champagne at Hong Kong’s Art Basel event this week and take selfies with replicas of deceased leaders Fidel Castro and Mao Zedong, a more urgent issue is rumbling through dealers exhibiting – how big an impact China’s capital controls will be in the coming year. Over the past six months, Chinese buyers have […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the back of a world market awash with fuel. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were at $50.63 per barrel at 0343 GMT, up 7 cents from their last close. In […]
