In Jerusalem — where the governor will spend most if not all of his time outside the airport — he will meet with the mayor, Nir Barkat, and a group of business leaders. Continue reading the main story The impromptu nature of Mr. Cuomo’s trip is not accidental. With a rash of anti-Semitic threats and racist vandalism occurring in New York and nationwide, the governor said he […]
Bahrain said on Saturday it had uncovered a 54-member Iranian-linked militant group suspected of involvement in attacks on security forces, including organising a prison break in January, and seized automatic weapons. It was one of the biggest security operations against suspected militants Bahrain blames for an increase in armed attacks on security forces in the Western-allied kingdom, where the US Fifth Fleet is based. Tensions have been […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. So what have you heard more often: “Fox & Friends” shilling for President Trump or sophisticated people confiding their real reason for reading The New Yorker is the cartoons? Ah, if only Bob Mankoff had long ago negotiated some piece […]
There were no surprises in Yellen’s speech in Chicago on Friday in which the Fed chair confirmed the sudden and dramatic hawkish turn hinted at earlier in the week by Dudley and Williams, and which sent March rate hike odds from the low 30s to nearly 100% in the span of days. According to Yellen, the FOMC would “evaluate whether employment and inflation are continuing to evolve […]
Plot twists, accusations and 25,000 pages of evidence — a snapshot of the case that will determine Nawaz Sharif’s fate. Panama Papers leaked; Sharif family under spotlight — Feica/Dawn. The International Consortium of Investigative Journalists (ICIJ) makes 11.5 million secret documents available to the public for the very first time. The documents, coming from Panamanian law firm Mossack Fonseca, contain confidential attorney-client information for more than 214,488 […]
PARIS/LONDON France’s PSA Group (PEUP.PA) is set to announce a deal to buy Opel from General Motors (GM.N) on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition. The maker of Peugeot, Citroen and DS cars said on Saturday it would hold an early Monday press conference with GM, at which the transaction is expected to be […]
Jon Corzine, the former New Jersey governor and Goldman Sachs chief who oversaw the collapse of MF Global, is poised to take the stand next week in a potentially explosive trial over the alleged negligence of the company’s auditor, PwC. The world’s second-biggest professional services firm was the auditor of MF Global, the futures brokerage that collapsed in October 2011 after huge bets on the debt of […]
Rock legend Rod Stewart has apologised for a video shared online by his wife that appears to show him re-enacting an ISIL-style beheading in the UAE desert. The video was reportedly posted on Instagram by Penny Lancaster and it shows several people clad in black walking in the desert outside Abu Dhabi. Stewart was in Abu Dhabi to perform at a concert on Thursday. In the video, […]
LONDON Britain’s foreign minister Boris Johnson will go to Moscow in the coming weeks to discuss the differences between the two countries over Syria and Ukraine, the Foreign Office said on Saturday, in the first such visit for five years. Britain backed sanctions against Russia in response to its annexation of Crimea in 2014, and the countries have clashed on other issues, including Russia’s support for Syrian […]
A photo of former presidential candidate Hillary Clinton glancing at a newspaper headline about U.S. Vice President Mike Pence using private email has gone viral on social media, with thousands of people commenting on it. Pence and others involved in the Republican presidential campaign last year criticized Clinton’s use of a private email server during her time as U.S. Secretary of State. Clinton was on an airplane […]
PARIS General Motors and France’s PSA Group will hold a press conference on Monday morning, they said on Saturday, with the subject expected to be the acquisition of the U.S. carmaker’s loss-making Opel unit. On Friday, sources said PSA Group, which makes Peugeot and Citroen cars, had struck a deal with GM to buy Opel division. The press conference will be on Monday at 0815 GMT, PSA […]
Saudi Arabia has the most hotel rooms under construction in the Middle East and North Africa, according to STR’s January 2017 Pipeline Report. The hospitality analysts said the Gulf kingdom has a total of 36,742 in 85 projects in the pipeline, ahead of the UAE which has 28,898 rooms in 99 projects. The report also said Qatar 8,462 rooms in 34 projects out of a regional total […]
Earlier this week, Japanese TV audiences glimpsed a potentially revolutionary contraption from the Matsue College of Technology that rapidly separates closed shijimi clamshells into those with a live mollusc inside and those without. Cut to footage of a human sorter, expertly performing the same function at a rate of just 90 kgs of shijimi per day and whose job this machine seems destined to replace. In other […]
Via Mac Slavo of SHTFPlan.com, Within hours of the election of Donald Trump the mainstream media, their politico counterparts and social media operatives began spreading the narrative that the President was only elected as a result of the dissemination of fake news. The term itself became a rallying cry for everyone from major search engines to massive social media websites who said they would create fact checking […]
CNET/CBS Interactive Google plans to release a second-generation Pixel smartphone as follow-up to the first version released in October 2016, Google hardware boss Rick Osterloh confirmed at Mobile World Conference this week. “There is an annual rhythm in the industry. So, you can count on us to follow it.” Osterloh reportedly told Android Pit at a closed meeting with reporters. “You can count on a successor this […]
Bahrain’s fiscal deficit will fall only marginally to 12.3 percent of GDP this year from 13.6 percent in 2016 as oil prices settle well below the country’s breakeven figure, according to ratings agency Fitch. The agency said it expects Brent to average $45 per barrel in 2017, nearly $40 below the breakeven price for the Gulf kingdom. Fitch Ratings affirmed Bahrain’s long-term foreign and local currency issuer […]
WASHINGTON The U.S. International Trade Commission said on Friday it had made a final finding that the U.S. industry was being harmed by the dumping and subsidization of imports of carbon and alloy steel cut-to-length plate from China. The finding allows for the final imposition of duties by the U.S. Commerce Department. The investigation into the imports was prompted by a petition from Nucor Corp and U.S. […]
General Motor’s (GM’s) European car brand Opel will soon come under the PSA Group. The French automaker is quite close to completing a deal with Detroit-based car maker GM on Monday, March 6. GM it seems is finally dumping its European car business which was long standing and losing out money making its car business unprofitable. The acquisition was made in order to give a boost to GM’s […]
KARACHI: The Panama Papers — a huge leak of documents detailing the alleged secret offshore holdings of global elite — were released in April 2016. The leak made headlines all-over the world, but its impact was probably most keenly felt in Iceland. Just two days after the leak appeared, Iceland’s prime minister had to resign from his office over protests by the people. Thousands of people had […]
03 March 2017 Malaysian Rating Corporation Berhad (MARC) entered into a Memorandum of Understanding (MoU) with Hazana Maldives Limited (Hazana) today to provide technical assistance in the areas of credit risk and Islamic finance. Hazana, a Maldives government company specialising in Islamic investment and finance, manages the commercial assets of the government and holds its strategic investments. The MoU was signed by Mohd Razlan Mohamed, Chief Executive […]
The biggest issue facing the world of social media influencers is transparency. Should the person with 100,000 followers on Instagram (or 5.4 million followers as the keynote speaker, Joelle Mardinian, can boast) announce that she is being paid to promote a product? The inevitable tangents to the four hours of conversations tried to answer the question: what constitutes an influencer (or a content generator as one panellist […]
By Noel Randewich | SAN FRANCISCO SAN FRANCISCO Technology companies have been a driving force behind the U.S. stock market’s recent record rally, and despite mounting evidence of stretched valuations the sector remains a top pick for investors expecting a wave of capital expenditures by U.S. corporations. Corporate tax cuts and reduced regulations planned by President Donald Trump will give companies reason to spend more on cloud […]
Deutsche Bank said on Friday night that it was laying the groundwork for a “potential capital raise of approximately €8bn” as well as considering several other strategic adjustments as it aims to revive its fortunes after a torrid 12 months. Alongside the capital increase, Germany’s biggest lender said it could garner further funds by selling a minority stake in its asset management arm. It is also considering […]
Speaking to American state governors this week in the state dining room of the White House, Donald Trump hit on a point that is of no surprise to investors: healthcare is “an unbelievably complex subject”. The Affordable Care Act, one of the two key pillars of the healthcare reform signed into law by former US President Barack Obama in 2010, is 906 pages long — the table […]
