BEIJING China plans to target broad money supply growth of around 12 percent in 2017, slightly lower than last year’s goal, policy sources said, signaling a bid to contain debt risks while keeping growth on track. Under its new “prudent and neutral” policy, the People’s Bank of China (PBOC) has adopted a modest tightening bias in a bid to cool torrid credit expansion, though it is treading […]
28 February 2017 Abu Dhabi City Municipality – THE Abu Dhabi City Municipality has made a remarkable increase in strategic partners’ satisfaction about the existing agreements thanks to the improvements carried out by the Municipality aimed to bolster cooperation with partners, leverage the scale of municipal services to measure up with partner’s aspirations and meet the requirements of sustainable development in Abu Dhabi. The achievement reflects the […]
Gadgets This year’s smartest smartphones are being unveiled in Barcelona. The Mobile World Congress officially kicks off on Monday, with the latest models on show. But there are also some throwbacks, such as the Nokia 3310, making a return with a redesign. (Source: Al Jazeera English YouTube channel) Source link
The fact that farm incomes have come under increasing pressure over the past couple of years should come as little surprise to our readers (for those who missed our latest update, see: “Midwest Farm Bubble Continues Collapse As Farm Incomes Expected To Crash In 2017“). Unfortunately, at least according to Bank of America’s Global Ag Chemical team led by Steve Byrne, farmers shouldn’t expect a reprieve any […]
KUALA LUMPUR Malaysia’s police chief said on Tuesday police were aware of two North Korea-linked companies that were identified in a Reuters report as firms operating an arms business in the Southeast Asian country. Khalid Abu Bakar said the two companies, International Global System and International Golden Services, were in the process of being “struck off”. “We have also taken all necessary actions to comply with international […]
By Steve Holland | WASHINGTON WASHINGTON President Donald Trump is seeking what he called a “historic” increase in defense spending, but ran into immediate opposition from Republicans in Congress who must approve his plan and said it was not enough to meet the military’s needs. The proposed rise in the Pentagon budget to $603 billion comes as the United States has wound down major wars in Iraq […]
Cairo, Egypt 27 February 2017 An academic study today revealed that Uber provides Egyptians with new economic opportunities against the current and anticipated economic challenges, especially the rising unemployment of the youth and the educated. The study, entitled A Glimpse into the Sharing Economy: An Analysis of Uber Driver-Partners in Egypt, by Dr. Nagla Rizk, professor of economics & founding director of the Access to Knowledge for Development […]
Qatar’s January trade surplus increased by 62.2 percent from a year earlier, according to data released by the country’s Ministry of Development, Planning and Statistics. The country’s surplus rose to AED10.9 billion ($3 billion) in January from QR10.7 billion in December and up from QR6.7 billion in January 2016. Qatar’s December trade surplus, which increased 21.7 percent from a year earlier, was its only monthly rise in […]
By Krishna N. Das | LEDA, Bangladesh LEDA, Bangladesh Rohingya Muslim refugee Ali Hasan is desperately looking for a bride for his 14-year-old son, jailed last year in Bangladesh for carrying the popular drug ya ba. He hopes the girl’s family would pay the $620 needed for Mohammed Hasan’s bail as dowry. Graphic – Ya ba in Bangladesh: here Graphic – Bangladesh/Rohingya relocation: here Graphic – Ya […]
The National Australia Bank (NAB) has announced the appointment of three executives on Tuesday, which includes former New South Wales Premier Mike Baird. Baird will join the bank in the capacity of chief customer officer, Corporate & Institutional Banking, after announcing his retirement from politics in January. Joining Baird at NAB is Patrick Wright, who leaves his tenure as global chief Operations & Technology at Barclays in […]
By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks ended slightly higher on Monday and the Dow closed at a record high for a 12th straight session, as President Donald Trump said he would make a “big” infrastructure statement on Tuesday. The Dow’s streak of record-high closes matches a 12-day run in 1987, with Boeing (BA.N) and UnitedHealth (UNH.N) among the biggest boosts for the Dow […]
The UAE is one of the world’s leading food and beverage markets, worth Dh52.4 billion in 2015, according to global market research group Euromonitor. Dubai alone has about 7,500 places to eat, from street cafes and fast-food outlets to fine-dining and high-end restaurants established by big-name chefs. Many will showcase their best dishes during Dubai Restaurant Week, which ends on Saturday. Click here for our guide. Jean-Luc […]
The near collapse of the €29bn merger between the London Stock Exchange Group and Deutsche Börse was precipitated by the LSE’s decision to aggressively reject concessions demanded by Brussels without warning or consulting its German partner. Both exchanges took turns apportioning blame to EU authorities and obstinate rivals on Monday, making clear the deal once touted as creating a European champion to challenge their larger US rivals […]
Roger Federer breezed back into action to reach the second round of the Dubai Open with a straightforward 6-1 6-3 over erratic Frenchman Benoit Paire on Monday. In his first match since memorably claiming his 18th grand slam title by beating Rafael Nadal at the Australian Open a month ago, the 35-year-old was immediately back in the old routine to give Paire the runaround. There was precious […]
Narrowband Internet of Things (NB-IoT) and 5G are Huawei’s biggest opportunities for growth in Australia, according to the Chinese network technology giant, which is pushing into the IoT space via research programs and project partnerships. Speaking at Mobile World Congress (MWC) in Barcelona on Monday, Huawei Australia chair John Lord said providing NB-IoT solutions for such businesses as the agricultural sector, wineries, cattle stations, and energy utilities […]
Riyadh – Barcelona | 27 February 2017 Zain Saudi Arabia and Ericsson signed a Memorandum of understanding to collaborate in enabling next generation hyperscale data centers based on the latest technology available with the highest degree of automation in orchestration and management. The MoU was signed by Mr. Peter Kaliaropoulos , CEO of Zain Saudi Arabia and Ali Eid, Head of Ericsson Kingdom of Saudi Arabia, Jordan […]
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Image via AT&T. AT&T has signed a deal with GE to install its Current CityIQ sensors onto streetlights in various US cities, beginning with San Diego. The two corporations say smart street lighting will help cities monitor things like traffic patterns, parking, air quality, weather emergencies and even gun violence on city streets. As part of the agreement, GE plans to install Current’s CityIQ sensor nodes on […]
FRANKFURT Daimler (DAIGn.DE) will pick a new head for its truck operations in the coming days, sources close to the matter said, as the manufacturer aims to avoid a lengthy search for a successor to departed chief Wolfgang Bernhard. Bernhard, once seen as a candidate to succeed Daimler Chief Executive Diete Zetsche, stepped down a year before his contract was due to expire, the carmaker said this […]
When Turkey’s children returned to school in September, there was something new on the curriculum: a week-by-week syllabus, mandated by the minister of education, celebrating what many call Turkey’s “second revolution”. Course materials included two slickly produced patriotic videos laced with references to President Recep Tayyip Erdogan’s success in putting down the attempted coup on July 15. The first opens with an image of Mustafa Kemal Ataturk, […]
In a Facebook post, Barbara Tyler is merciless. “Hey, did anyone think of proofreading your headline today before the paper went to press? I am pretty sure Trump did not replace his vice president. Fake news at its best. Sometimes I wonder why I continue to subscribe to your paper.” Tyler was responding to an extraordinary slip-up by The Bryan College-Station Eagle. The Texas newspaper’s top headline […]
Saudi Arabia may increase its domestic gasoline prices by 30 percent from July, industry sources said, part of a reform plan by the world’s top oil exporter to align its fuel prices with global benchmark levels. In December 2015 the kingdom raised the price of 95 octane gasoline to 0.90 riyal ($0.24) per litre from 0.60 riyal. However, that still kept Saudi Arabia among the countries with […]
It was less than a year ago that the International Consortium of Investigative Journalists and more than 100 other media partners began publishing the largest investigation in journalism history: The Panama Papers. Even here at ICIJ – where we’ve grown accustomed to our work sparking major impacts – we were surprised by the reaction. Citizens hit the streets in protest. Governments and corporations around the world opened […]
27 February 2017 Dubai, UAE: The global food industry needs to make fundamental shifts in its operations to advance food safety worldwide, the Global Halal Industry Platform held in Dubai today has heard. The Platform, organised by the Emirates Authority for Standardisation and Meteorogy (ESMA) and part of the educational programme of Gulfood, the world’s largest annual food event running at Dubai World Trade Centre (DWTC) until […]
