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Breaking news. (photo credit:JPOST STAFF) MANILA – Philippine President Rodrigo Duterte hit out at the European Union on Friday for hypocrisy and called the bloc “sons of bitches” after its lawmakers issued a resolution calling for restraint and a rethink in his bloody war on drugs. Duterte castigated the EU for urging him to focus his campaign on drugs rehabilitation and stood by his security-centered […]

24 March 2017 Saudi Arabia – In the hustle and bustle of the modern age, smartphones have become very important devices helping people of different age groups and backgrounds with their day-to-day lives. These days, it is almost impossible to manage without smartphones. Unlike its predecessors, smartphones are not limited to basic communication as they have conquered the business world, becoming a key source of information, including […]

By Sumeet Chatterjee | HONG KONG HONG KONG HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business’s regional head said, most of them in the Pearl River Delta, the heart of the bank’s growth strategy in China. If that target is hit, the new additions will mean HSBC will have hired twice […]

By Andrew MacAskill and Anjuli Davies | LONDON LONDON Britain’s Labour party has won five seats at elections in the City of London, the heart of the country’s financial district, as it seeks to challenge the borough’s centuries-old policy of independence from party politics. Britain’s main opposition party, lagging far behind the Conservatives in national opinion under its current leader, veteran socialist Jeremy Corbyn, has had its […]

Alibaba has joined forces with AusPost, Blackmores, and PwC to explore the use of blockchain technology to combat food fraud. The Chinese ecommerce giant said the goal is develop a “Food Trust Framework” to help improve integrity and traceability on its global supply chains. Australia was chosen to be the test bed for the new framework. Alibaba believes blockchain, best known as the technology behind bitcoin, is […]

The UAE will officially launch a comprehensive set of guidelines and concrete actions aimed at helping UAE organisations adopt a gender-sensitive approach at their workplace in September. The UAE Gender Balance Council said the guide has been produced in cooperation with the Organisation for Economic Co-operation and Development (OECD). In a statement, the Council said it will host various workshops for representatives from federal entities, to introduce […]

|By Arabian Post Staff| A likely ban on slaughter houses in the Indian state of Uttar Pradesh, which contributes a major portion of India’s meat exports, following the election of the right-wing BJP government in the state is sending a chill down India’s meat industry. If the government goes ahead with the ban, it will have serious implications for markets like the Middle East, where Indian meat […]

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Interactive MARCH 24, 2017 After earning $800,000 in 2015 by sneaking migrants into Turkey, a smuggler says he has left the guilt and complications of his business behind — mostly. And a Syrian refugee boy, homeless and out of school, must keep roaming the country to find farm work and help his family survive. This is the third part in the State of Emergency series, in which […]

Friday 06:00 GMT Overview Asian stock markets continued to recover after a midweek sell-off and as a highly anticipated vote on US healthcare reform was pushed back until later on Friday. European bourses are expected to open on the front foot, with spreadbetters predicting the UK’s FTSE 100 will add 8 points to 7,349 and Germany’s Dax to advance 20 points to 12,060. Hot topic Global markets […]

Before she became Facebook’s Head of News Partnerships, Campbell Brown had to deal with a low-tech filter bubble. As a host on CNN, she was competing every night with the likes of left-leaning MSNBC and right-leaning Fox News. Battling low ratings, she left her 8 p.m. slot in 2010 with a rare hat tip to her partisan competitors. “I hosted a show on CNN, and I had […]

The wheels on America’s tech IPO train continue to turn. Enterprise data analytics firm Alteryx, the next tech firm in line to go public, has priced its shares at $14 ahead of its listing on the New York Stock Exchange tomorrow (Friday). That pricing — which comes in at the top of the firm’s range — will see Alteryx, which is listing under AYX symbol, raise $126 million from the nine […]

Master developer Nakheel has announced the award of a construction contract worth AED184.5 million ($50.2 million) for a second hotel at the Ibn Battuta Mall in Dubai. Dubai-based Parkway International Contracting has been appointed to build the 375-room hotel, which has a total project value of AED240 million, the developer said in a statement. It forms part of Nakheel’s AED3 billion hospitality expansion under which the developer […]

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 […]

By Venus Wu and Jess Macy Yu | HONG KONG HONG KONG Hong Kong on Sunday will likely select Beijing’s favoured candidate for its next leader who some say will further divide a city where middle class families have become increasingly disaffected by political tension and economic hardship. The former British colony, governed under a “one country, two systems” arrangement, was promised a high degree of autonomy […]

ZTE Corporation has released its financial results for 2016, reporting full-revenue of 101.2 billion yuan, an increase of 1.04 percent to the 100.18 billion yuan reported in the previous corresponding period. The Chinese telecommunications hardware vendor, which had delayed the release of its 2016 annual report to assess the impact of the Iran sanctions case, admitted it slipped to a net loss of 2.36 billion yuan in […]

Iconic French brand Hermes will launch a pop up concept ‘HermèsMatic’ in Dubai from April 13 to April 22 at the Place des Lumieres in City Walk 2. The concept, which focuses on the brand’s signature printed scarves, also appears in different locations around the world. This time, it revolves around a “retro laundrette” theme, which connects to Hermes’ aim at reviving its signature scarves. In line […]

Chartbeat and CrowdTangle today announced a major expansion of a tool for measuring how stories are performing on social platforms. The two companies began a beta version of the Offsite Social service in September 2016. Two months later Facebook acquired CrowdTangle. The announcement says that Facebook is now making a “robust” (but unspecified) additional investment in expanding what’s measured and taking the service global including to European […]

SEOUL Samsung Electronics Co Ltd (005930.KS) said on Friday it will be difficult to adopt a holding company structure at this time. “We will review various aspects including legal and tax-related issues and report the findings to shareholders,” Samsung Chief Executive Kwon Oh-hyun said at the company’s annual shareholder meeting. “But there are negative effects that would arise from transitioning to a holding company so it does […]

By Marco Aquino | CARAPONGO, Peru CARAPONGO, Peru Between rows of plastic tents on the outskirts of Lima, Martha Llanos takes her ration of rice and chicken alongside thousands of others who have been forced from their homes by the worst flooding to hit Peru in decades. The 43-year-old mother of three said she was less worried about the loss of her makeshift home in the destitute […]

Vodafone NZ has announced that it will be seeking approval to acquire 70 percent of Farmside, the rural broadband and satellite arm of small carrier TeamTalk, for NZ$10 million in cash as well as the option to acquire the remaining 30 percent for NZ$3 million. Vodafone NZ CEO Russell Stanners said the offer, subject to approval by TeamTalk’s shareholders, would allow the former to deliver improved services […]

In almost any other part of the world, a friendly, on-camera hug between two senior politicians at a public event would have raised no eyebrows. But in the febrile atmosphere of a Hong Kong bracing itself for the “election” of its fourth chief executive since the former British colony was handed back to China in 1997, Tung Chee-hwa’s embrace of Carrie Lam during a public ceremony in […]

23 March 2017 Doha, Qatar – Royal Philips (NYSE: PHG, AEX: PHIA) announced today that is has officially opened its new scientific office in Qatar. The new opening comes as part of the company’s overall expansion efforts across the region, and commitment to drive robust partnerships in Qatar with an aim to develop stronger healthcare outcomes. The opening ceremony included Her Excellency, Bahia Tahzib-Lie, Ambassador of the […]

By Jane Chung and Geert De Clercq | SEOUL/PARIS SEOUL/PARIS South Korea’s KEPCO (015760.KS), the likeliest suitor for Toshiba Corp’s (6502.T) troubled nuclear business, is holding off from making an approach because of question marks over the scale of damage at the unit and political uncertainty in both South Korea and the United States, people with direct knowledge of the matter say. Japanese TV-to-rail conglomerate Toshiba has […]

A ban on most carry-on electronics on flights to the United States will not significantly affect passenger numbers at Dubai International, where flights depart to 12 US cities daily, the airport’s chief executive said on Thursday. The US announced on Tuesday new restrictions on flights from airports in eight Muslim-majority countries, including the United Arab Emirates, affecting international airline Emirates which flies from Dubai. The restrictions apply […]

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