Editor’s note: This article was previously published on Medium. The author is the executive director of LION Publishers, a national network of independent news sites. Margaret Sullivan is right to sound the alarm about what steep newspaper cuts are doing to local journalism across the country, but her April 16 Washington Post column misses the story of what is replacing, and has the potential to replace, the […]
A couple of weeks ago, the authority that oversees broadcast licensing in Germany concluded that internet streaming services should be subject to the same licensing imposed on broadcast radio and television. The focus is on Twitch.tv which exemplifies this new paradigm; according to a press release, the Germans see streaming platforms as little more than tiny TV stations operating without a license. This […]
ABU DHABI Kuwait’s oil minister Essam al-Marzouq said on Thursday he expected a global pact to cut oil supplies to be extended beyond June, supported by higher compliance from non-OPEC producers. “We have a noticeable increase in compliance from non-OPEC which shows the importance of extending the agreement,” Marzouq told an industry event with other Gulf oil ministers including Saudi Arabia’s energy minister Khalid al-Falih in Abu […]
A group of Vietnamese farmers who took more than a dozen police and officials hostage over a land dispute said on Thursday they would resist any rescue attempt by the authorities and have sealed off their village. We poured oil around the community house where the men are being kept. We will make our move if the police attack us One female farmer The incident began on […]
The UAE on Wednesday denounced an attack that took place on a convoy of the Emirates Red Crescent in the Somali capital city of Mogadishu. No human casualties were reported in the attack which local media described as a “landmine explosion” which hit a vehicle ferrying representatives from the charity. The blast happened in Garasbaaley area west of Mogadishu city. In a statement, the UAE Ministry of […]
BEIJING China has issued stricter regulations requiring officials to report personal information, including assets, to the ruling Communist Party, state media said, in the country’s latest effort to tackle corruption. China’s President Xi Jinping sees extravagance and corruption as an existential threat to the party, whose authority is in part predicated on its ability to spread the gains of China’s growth fairly among the Chinese people. His […]
CARACAS General Motors (GM.N) said on Wednesday that Venezuelan authorities had illegally seized its plant in the industrial hub of Valencia and vowed to “take all legal actions” to defend its rights. The seizure comes amid a deepening economic crisis in leftist-led Venezuela that has already roiled many U.S. companies. “Yesterday, GMV’s (General Motors Venezolana) plant was unexpectedly taken by the public authorities, preventing normal operations. In […]
Fast and the Furious actor Tyrese Gibson’s love for UAE has now made him set up a custom jeep assembly business in the Emirates. The star’s Voltron Motors company has partnered with Souq Al Haraj of the Sharjah Asset Management, the investment body of the Government of Sharjah to open a branch there. Gibson, who has made several trips to the UAE, more recently for the premiere […]
In a lab deep within Tata Consultancy Services’ landscaped campus in the western Indian city of Pune, 16 recent graduates are experimenting with new technologies that are shaking up a flagship national industry. TCS, the largest of India’s powerful IT services companies, set up the lab 18 months ago to enable new starters to work on the “internet of things”, the field of connected machines and appliances that […]
Jeff Bezo’s Amazon is coming, take cover Australia!Image: DAVID RYDER/GETTY IMAGES By Jerico Mandybur2017-04-20 02:36:33 UTC The moment Australian retailers have dreaded is here. Amazon is expanding Down Under, opening warehouses that’ll enable cheap, fast local shipping, and letting small businesses sell goods through the site—a development an Amazon employee reportedly said would “destroy the retail environment in Australia.” Shopping on Amazon.com is already available […]
Two of the world’s biggest sporting names have been signed up as brand ambassadors by a Dubai-based company. Altitude Mask has announced that it had teamed up with IBF heavyweight champion Anthony Joshua and Real Madrid winger Gareth Bale. The sporting stars will promote its line of state of the art resistance masks which are designed to improve endurance and raise levels of fitness by boosting the […]
“O’Reilly Factor” host Bill O’Reilly has been ousted from Fox News amid a growing furor over sexual harassment allegations and multiple confidential settlements with former employees at the network. O’Reilly, whose perennial ratings success over multiple decades earned him the moniker “the King of Cable News,” will not be returning to the network from a vacation to Italy announced last week after a New York Times article […]
Virtu Financial is set to emerge victorious in its effort to buy rival high-frequency trading group KCG Holdings, with a deal expected to be announced on Thursday, according to people briefed on the matter. KCG and Virtu declined to comment. With the announcement of the takeover imminent, Charles Susi, head of institutional sales and electronic trading at KCG, announced internally that he was leaving the company, other […]
A Saudi military helicopter that crashed in Yemen killing 12 Saudi soldiers was likely hit by “friendly fire”, military sources said Wednesday. The soldiers, including four officers, died Tuesday when the helicopter went down in Yemen’s Marib province, the Saudi-led Arab coalition fighting Iran-backed Huthi rebels said in a statement. “As the Saudi helicopter was not identified by the ground operations centre, the air defence system was […]
By Pallavi Dewan and Nikhil Subba American Express Co’s (AXP.N) first-quarter profit fell less than expected as its card members spent more and the company expressed more confidence over its full-year results, amid fierce competition in the industry. AmEx’s shares rose 2.5 percent after the bell on Wednesday as the results and guidance indicated the company was starting to mitigate some of the impact of losing key […]
Your daily guide to community and cultural activities across the Emirates for April 20, 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 Al Ain Cultural event Celebrate […]
19 April 2017 The Bank recorded a Net Profit of BD 14.74 million (US$ 39.20 million) for the first quarter of 2017 compared to BD 17.76 million (US$ 47.23 million) for the corresponding period of the previous year, a decrease of 17.0 percent. The Bank achieved an Operating Profit of BD 19.05 Million (US$ 50.66 Million) for the first quarter of 2017, an increase of 3.8 percent […]
Emirates will cut flights to five of US cities as demand deteriorated after US restrictions on travel and on-board electronics affecting Middle East carriers and passengers. The world’s biggest international airline will reduce capacity to Boston, Los Angeles, Seattle, Orlando and Fort Lauderdale in the coming weeks, the Dubai-based company said in a statement. Emirates will re-deploy the capacity to serve demand on other routes across its […]
LONDON OPEC plans to meet with non-OPEC oil producers on the same day as its scheduled May 25 conference, sources familiar with the arrangements said, as they decide whether to extend supply cuts into the second half of the year. Ministers from the Organization of the Petroleum Exporting Countries will convene at their Vienna headquarters. Joint talks with non-OPEC oil ministers will also take place that day, […]
Bill O’Reilly, the biggest star at Rupert Murdoch’s Fox News Channel, is leaving the cable news network after an independent investigation into claims that he sexually harassed several women. “After a thorough and careful review of allegations against him, the company and Bill O’Reilly have agreed that Bill O’Reilly will not return to the Fox News Channel,” 21st Century Fox, Fox News’ parent company, said in a […]
The survey of U.S. business executives released Friday by the American Chamber of Commerce in China showed 26% had seen data or trade secrets stolen over an unspecified time period. More than 40% said they saw the risk of a data breach in their China operations rising. The chamber hasn’t previously released survey results related to data theft. (via WSJ)
By Anna Mehler Paperny and Rod Nickel | TORONTO/WINNIPEG TORONTO/WINNIPEG Canadian police on Wednesday said they charged a woman with human smuggling offences in connection with the asylum seekers who have been streaming over the border from the United States in growing numbers in recent months. Royal Canadian Mounted Police they intercepted a 43-year-old woman driving nine people across the U.S. border into the prairie province of […]
The next most-generous companies listed are Quicken Loans ($750,000), Wynn Resorts ($729,217), Chevron ($525,000), American Financial Group ($500,000), Intel ($500,000) JPMorgan Chase and Co. ($500,000), Citgo Petroleum ($500,000), oil comapny BP Corporation of North America ($500,000), casino developer and Ultimate Fighting Championship parent Fertitta Entertainment ($500,000), Manhattan real estate investment firm Tahl Propp ($500,000) and the MacAndrews and Forbes Group ($500,000), which owns military contractor AM General, among other companies. And other six-figure […]
Twelve Saudi soldiers, including four officers, were killed on Tuesday when their helicopter went down in Yemen, the Arab coalition fighting Yemeni rebels said in a statement. The Saudi Black Hawk “fell during operations in the province of Marib” east of Sanaa, the coalition said in a statement carried by SPA state news agency, without clarifying the reason. “The causes of the incident are being investigated,” the […]
