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KGI Securities has always been known for accurate iPhone leaks. Last Feb. 21 it sent a missive to its clients detailing the possibility that the iPhone 8 will be featuring a revolutionary selfie camera technology. The front-facing camera module will purportedly get outfitted with 3D sensors that will naturally allow users the capability to take 3D selfies. According to KGI Securities analyst Ming-Chi Kuo, it is unprecedented […]

But they are not buying much. Unemployment is high, especially among the many young people graduating from college. In all, 50,000 people remain displaced. Electricity and water supplies are still near crisis levels. Hamas, which governs Gaza, elected a new hard-line leader. Tunnel building goes on (and, presumably, so does the construction and smuggling of weapons). On the Israeli side, the political right talks of a new […]

Alt-right star Milo Yiannopoulos has resigned from Breitbart News after backlash from his statements regarding pedophilia put his status at the conservative publication in doubt. Earlier Tuesday, Breitbart Editor-in-Chief Alex Marlow called Yiannopoulos’ remarks “indefensible.” Several staffers at Breitbart were on the verge of quitting if Yiannopoulos remained at the site, according to Washingtonian. In a statement announcing his resignation, Yiannopoulos said he didn’t want his remarks […]

Qatar Gas Transport Co (Nakilat), one of the world’s largest shippers of liquefied natural gas, reported a 2.9 percent fall in annual net profit on Monday. Nakilat’s 2016 profit amounted to 955 million riyals ($262 million) versus 984 million riyals a year earlier. In the fourth quarter, profit fell to 207 million riyals from 226 million riyals a year earlier, according to Reuters calculations; QNB Financial Services […]

If eight years under Obama rule, 6 of which included Republican majorities in Congress, taught us anything, it’s that Presidents have fairly broad authority to govern through executive orders and rules changes implemented at the 100’s of government agencies responsible for overseeing our every move.  Fortunately for the Trump administration, this broad Presidential authority extends to immigration laws and, despite his recent defeat in the 9th Circuit, […]

22 Feb 2017, Doha, Qatar The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced today its financial results for the full year ended 31 December 2016. The Group reported a net profit of QAR 501.4 million as compared to QAR 1,434 million for the same period in 2015, a decrease of 65%. The Bank reported a net profit of QAR 683 million (2015- QAR […]

By Shinichi Saoshiro | TOKYO TOKYO Asian stocks edged up on Wednesday, joining a record-setting night for world markets as investors cheered upbeat factory activity in Europe and solid earnings on Wall Street. The dollar was steady after hawkish comments from top Federal Reserve officials bolstered expectations the world’s no. 1 economy was strong enough to keep policymakers on course to further raise rates this year. MSCI’s […]

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Evan Spiegel and other top executives at Snap, the owner of messaging app Snapchat, on Tuesday pitched the company to hundreds of investors in New York and faced questions about user growth, costs and the development of the platform. The ballroom at the Mandarin Oriental in midtown Manhattan was the second stop on a roadshow for the company’s listing, after it kicked off its marketing blitz in […]

Creditors of Saudi Arabia’s Al Ittefaq Steel Products, the country’s largest private sector steel manufacturer, have provisionally agreed to a 6.2 billion riyals ($1.7 billion) debt restructuring, banking sources told Reuters on Tuesday. The terms of the deal have still not been finalised but banks have reached an agreement in principle to give the company a two year window in which it would only pay interest on […]

Manama, Bahrain (21 February 2017) Seef Properties, the leading integrated development company in the Kingdom of Bahrain, announced its financial results for the year ended on 31 December 2016 with a net profit totaling BD11.04 Million. The results were announced during a meeting held on February 21st 2017, headed by Chairman Mr Essa Najibi. The Board of Directors also decided to recommend to the General Assembly to […]

Saudi Arabia has invited investors to submit requests to qualify for the first round of its $30-$50 billion National Renewable Energy Programme by March 20, it said on Monday. Saudi Arabia is targetting 9.5 GW of renewable energy by 2023 in line with Vision 2030, an economic reform plan launched last year to diversify the economy beyond oil. The renewable programme involves investment of between $30 billion […]

U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump. Wal-Mart’s (WMT.N) shares were the top gainer in the Dow Jones Industrial Average, rising 3 percent after the world’s largest retailer reported higher-than-expected U.S. sales. Home Depot (HD.N) shares gained 1.4 percent after the home improvement retailer […]

Verizon has announced that it will buy Yahoo’s core business after all, but at a $350 million discount since the internet company had two massive cyberattacks. The Verizon-Yahoo deal has been in the cards for a good while now and the companies have been negotiating the terms of the agreement. After two massive Yahoo data breaches came to light last year, however, the deal was not that […]

My taxi driver in San Diego had a plan. He was moving to Laredo to get back into long-distance trucking. He’d work hard for 10 years, save a couple of hundred grand, and retire to Mexico. I did the math: that put him around 2028. He might just make it before all the trucking jobs go away. At Qualcomm last week, Cristiano Amon, president of […]

Social media influencers admitted on Sunday their success and survival depends on them remaining transparent with their audience. Speaking at ITP Media Group’s ‘Influencer Marketing Summit’, the first event of its kind in the UAE, Joelle Mardinian, who has more than 5 million followers on social media, said she remains honest with her audience at all times otherwise it’s a “recipe for disaster”. “I don’t hide anything […]

Whatever route the government chooses for Brexit it will need to cooperate with other countries, especially our EU neighbours, to combat tax avoidance, tax evasion and money laundering. Yet the signs are not very good as the government seems to have chosen non-cooperation. It has snubbed the EU inquiry into the Panama Papers. Last year, a leak of 11.5m documents and 2.6 terabytes of information from the […]

Restaurant Brands International Inc (QSR.TO), owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen (PLKI.O) for $1.8 billion in cash. The deal is a bet by Oakville, Ontario-based Restaurant Brands that it can use its international reach to introduce Popeyes’ Louisiana-style fried chicken and buttermilk biscuits to more diners globally. Popeyes shareholders will get $79.00 for each […]

Yahoo agreed to take a $350m cut on the original $4.8bn sale of its core business to Verizon, becoming one of the first major US companies to revise deal terms because of a cyber attack. Verizon, the US telecoms company, will now pay the California-based internet company $4.5bn, Yahoo said on Tuesday, ending months of uncertainty about the future of the deal first agreed in July last year. […]

Qualcomm is stepping up its Internet of things game with support for Android Things OS, integration with Amazon Web Services and two systems-on-chips that aggregate a bevy of standards. special feature Louisville and the Future of the Smart City Louisville, Kentucky is building a unique bridge between the smart city and the smart home. Here’s what communities and citizens can learn about the benefits of the onrushing […]

Saudi Arabia is favouring New York to list state oil giant Saudi Aramco IPO, while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing in those places, the newspaper said, citing people familiar with the matter. The listing […]

Ann Ravel on Sunday fulfilled her promise to quit the Federal Election Commission by May. In doing so, Ravel — who directed her resignation letter at President Donald Trump and including unsolicited advice for new president — leaves behind an agency the outspoken Democratic commissioner says she at once considers “essential” to American democracy and as useful, in its current state, as “men’s nipples.” But Ravel tells […]

Texas Monthly Editor-in-Chief Tim Taliaferro on Tuesday backed away from comments made during an interview with Columbia Journalism Review that indicated the magazine was retreating from political and longform journalism. In a note published on Texas Monthly, Taliaferro said that he “unfortunately gave the CJR the wrong impression” when he told the journalism review that “Texans don’t care about politics.” “Let me first say that I know […]

By Tom Allard and Liz Lee | KUALA LUMPUR KUALA LUMPUR Ri Jong Chol, a North Korean arrested in the probe into last week’s murder of the half-brother of the isolated state’s leader, lived in Malaysia for more than three years without working at the company registered on his employment permit or receiving a salary. Ri, 47, had a Malaysian work visa that showed he was an […]

By Edward Taylor and Laurence Frost | FRANKFURT/PARIS FRANKFURT/PARIS PSA Group (PEUP.PA) has pledged to respect existing Opel and Vauxhall job guarantees if it buys the European arm of General Motors (GM.N), though some analysts say thousands of jobs are eventually likely to go for the deal to work. As part of a broader charm offensive, PSA Chief Executive Carlos Tavares met with representatives of powerful German […]

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