Authored by Finian Cunningha, via The Strategic Culture Foundation, There was a time when Russophobia served as an effective form of population control – used by the American ruling class in particular to command the general US population into patriotic loyalty. Not any longer. Now, Russophobia is a sign of weakness, of desperate implosion among the US ruling class from their own rotten, internal decay. This propaganda […]
By James Oliphant | WASHINGTON WASHINGTON In the end, the Closer couldn’t close the deal. For President Donald Trump, the collapse on Friday of his first legislative priority, a healthcare reform bill, was an embarrassing loss of face after he and his administration insisted up until the time of the vote by the U.S. House of Representatives that there was enough Republican support. It brings into question […]
Tesla Motors Inc (TSLA.O) will start taking orders for its solar roof tiles in April, Chief Executive Elon Musk said in a Tweet on Friday. The solar-powered roof shingles were unveiled in October last year to show the benefits of combining his electric car maker with solar installer SolarCity Corp SCTY.O. There was no detail on cost. (bit.ly/2n32HB8) Tesla has said previously the cost of the roof […]
By Steve Holland and Roberta Rampton | WASHINGTON WASHINGTON President Donald Trump said on Friday that he was disappointed that a conservative faction in the House of Representatives blocked his healthcare legislation and said “we learned a lot about loyalty” from the effort. Speaking in the Oval Office after a stunning political setback, Trump said the healthcare effort was a victim of stalwart Democratic opposition and any […]
Bentley Motors has unveiled its ground-breaking new Gigapixel photograph – one of the world’s most detailed landscape images. At the heart of the photograph sits a Bentley Flying Spur W12 S in the luxury marina of Dubai. Zoom out, and the groundbreaking NASA-derived technology of the Gigapixel image allows you to explore and experience the city panorama in intricate detail. Zoom in and the image will take […]
Alteryx, the data analytics company, went public on the New York Stock Exchange today, marking the third IPO of the year. The company priced its IPO yesterday at $14 per share, and closed Friday at $15.50, or 10.7% higher. Alteryx works with clients like Amazon, Ford and Coca-Cola to help them better assess what products are selling and where there are market inefficiencies. CEO Dean Stoecker touted a […]
By Jeff Mason and Ethan Lou | WASHINGTON/CALGARY WASHINGTON/CALGARY U.S. President Donald Trump’s administration approved TransCanada Corp’s Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial project loom. The approval reverses a decision by former President Barack Obama to reject the project, but the company still needs to win financing, acquire local permits, and fend off likely […]
HONG KONG — Middle-class mainlander Laura Zhang found the idea of owning a home overseas irresistible after being bombarded by commercials for an affordable project “near Singapore”. The Forest City project in the southern Malaysian state of Johor, the subject of the advertisement, is being developed by Country Garden, China’s third-largest home builder. Ms Zhang said she was told that a flat in Forest City, the developer’s […]
When Thomas Jefferson drafted the American Declaration of Independence, “the pursuit of happiness” was an inalienable right in his first article. Whenever I hear politicians or business leaders talk about happiness, I always wonder how they define it so easily. If the billions of people around the world are all different, then different things should make us happy. There will be common denominators, including health, family, meaningful […]
Aldar Properties has announced further details of its current investment programme to include mid-market residential, hospitality and retail assets on Yas Island and Reem Island. The developer said in a statement that they amount to a total of AED1.9 billion ($520 million) and follow the AED1.1 billion already invested in the Daman House acquisition, Al Jimi Mall extension, Al Mamoura school and Repton school. All projects announced […]
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 […]
Pressed to explain his lack of concern, Mnuchin said, “It depends on what you think of artificial intelligence.” (Image: CSPAN) Artificial intelligence won’t pose a real threat to American jobs for “50 or 100 more years,” Treasury Secretary Steve Mnuchin on Friday. special feature How to Automate the Enterprise One of today’s biggest opportunities for IT to make an impact is by automating business processes, manufacturing, repetitive […]
The GCC’s industrial sector is continuing to grow, with the number of people it employs more than doubling since 2005, according to new research by the Gulf Organisation for Industrial Consulting (GOIC). In a report on manufacturing industries in GCC countries, the GOIC said most recent figures reveal the labour force has risen sharply from about 774,000 workers in 2005 to more than 1.6 million workers in […]
AMSTERDAM A team of executives from U.S. paint maker PPG (PPG.N) left the Netherlands on Friday without meeting their counterparts at Akzo Nobel during a two-day charm offensive to win support for their proposed takeover of their Dutch rival. PPG’s public relations blitz followed Akzo’s rejection of a March 20 takeover offer, a decision which has raised protests from shareholders who say the U.S. company’s bid deserves […]
Last year, Donald Trump won the election for president by bemoaning the disappearance of the American factory and pledging to bring back manufacturing from other countries. Now in power, he might have to start worrying about the decline of another traditional pillar of the US economy — the American shopping mall. Fears that the rise of online shopping will lead to substantial dislocation in the retail sector […]
Chinese oil companies are turning their focus to overseas retail and services markets, as slowing growth in domestic fuel demand makes their traditional home market less attractive. Sinopec this week agreed to buy Chevron’s 75 per cent stake in a Cape Town refinery, affiliated service stations and convenience stores in South Africa and Botswana for $900m. It was the only remaining bidder after a year-long tender process. […]
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 […]
The highest-end Nokia 6 Arte Black is among the phones set for a global rollout. Image: HMD Global HMD Global has confirmed it will launch its Nokia Android handsets to the US and the rest of the world in the second quarter. The company said on its Twitter account today that its new Android handsets and one feature phone will launch worldwide between April and June. The […]
Dubai-based DP World, one of the world’s largest port operators, is exploring logistics opportunities and the development of industrial parks in Panama. Sultan Ahmed Bin Sulayem, DP World Group chairman and CEO, met with the President of Panama, Juan Carlos Varela, to explore opportunities relating to the expanded Panama Canal. The meeting was also attended by Roberto R Roy, Minister for Canal Affairs and Augusto R Arosemena, […]
Done betting, Alibaba is getting down to work in Southeast Asia as it bids to lead the region’s promising e-commerce space and maximize its early mover advantage over Amazon. Alibaba became the first major international player to enter Southeast Asia, a region with more than 600 million cumulative consumers, when it bought a majority stake in Lazada, the Rocket Internet-backed venture, nearly one year ago. Amazon, Alibaba’s key foe in India, is […]
China-based Zhonghong Zhuoye Group Co Ltd will buy Blackstone Group LP’s (BX.N) 21 percent stake in SeaWorld Entertainment Inc (SEAS.N), the embattled U.S.-based marine park operator said on Friday. SeaWorld said Zhonghong Group would buy the stake for $23 per share, a premium of nearly 33 percent to the stock’s close on Thursday. Zhonghong Group – a diversified holding company for investments in real estate, leisure and […]
By Susan Cornwell and Richard Cowan | WASHINGTON WASHINGTON U.S. Republican lawmakers struggling to overcome differences over new healthcare legislation confronted a stark choice after President Donald Trump delivered an ultimatum: pass the bill on Friday or keep Obamacare in place. Trump, a real estate magnate who touted his dealmaking prowess in the 2016 presidential campaign, faced the first major test of how well his skills would […]
At the start of the year, I was part of a panel that aimed to offer career guidance to graduating students at a local secondary school in Singapore. The panel dished out the usual advice about the need to have passion, work hard, and always strive to do better. A student then posed a question that struck a chord: “How can I ensure the skills I learn […]
Abu Dhabi investment firm Waha Capital is in talks with potential partners in Saudi Arabia as it looks to diversify investment in some key sectors outside the United Arab Emirates (UAE), its chairman said. Saudi Arabia is opening its economy to foreign investment as part of its 2030 vision whereby the Middle Eastern country will rely less on oil and create more jobs for its citizens. Waha […]
