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MOSCOW Russia will decided in April or May whether an agreement on global oil output cuts between OPEC and non-OPEC producers, set to end on June 31, should be extended, TASS news agency quoted Russian Energy Minister Alexander Novak as saying on Saturday. Novak also said that he planned to meet his Saudi Arabia counterpart Khalid al-Falih during the CERAWeek energy conference in Houston in March. (Reporting […]

Saudi Arabia’s relations with the United States are “historic and strategic”, Crown Prince Mohammed bin Nayef said on the occasion of the visit of CIA director Mike Pompeo to Riyadh. This is the first reported visit by a senior Trump administration appointee to the kingdom. “Our relationship with the United States is historic and strategic, any attempts to undermine that will falter,” Prince Mohammed said, according to […]

SYDNEY Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries. The group’s billionaire founder Jack Ma, who spent time in Australia as a young man, said he hoped the e-commerce giant would help Australian and New Zealand businesses “share their […]

Your daily guide to community and cultural activities across the Emirates for February 4, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Cultural exhibition In the latest iteration of the ongoing Emirati memory project, Lest We Forget, […]

Vincent Viola, the billionaire high-frequency trader, has withdrawn his candidacy to join Donald Trump’s administration on Friday, becoming the first high-level casualty of what has been a chaotic start to the new presidency.  The end of Mr Viola’s bid to become Mr Trump’s secretary of the Army came as he faced questions about whether he could extricate himself from his business dealings sufficiently to meet government ethics […]

Masdar, Abu Dhabi’s renewable energy company, is to develop a waste-to-energy plant in Sharjah, in partnership with Bee’ah, the environmental management company, it has been announced. Diverting as much as 300,000 tonnes of solid waste from landfill each year, the project will help Sharjah reach its “zero waste-to-landfill” target by 2020 and the UAE deliver on its 2021 goal of diverting 75 percent of solid waste from […]

Every time I take a spin through my Facebook or Twitter feeds, I’m reminded that there’s only one big story right now: Trump, Trump, Trump. For news organizations that wrestle with what coverage their community is most likely to consume, this is one of those rare moments when the mystery is solved. Give ‘em Trump. Love him or loathe him, they can’t get enough. But if the […]

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Ingest, data prep, analysis, visualization and export. They’re all part of the Big Data analytics life-cycle. The good news? The market sports multiple product categories that handle each of these. The bad news: there are far fewer products that handle many of these areas together. It’s getting more complex too, as other big data lifecycle categories, like data lake management/data cataloging and Big Data operations/DevOps are emerging. […]

Far from the palm-fringed beaches of the usual offshore tax havens, Canada has quietly become a go-to destination for international tax cheats eager to exploit the country’s twin benefits of a sterling reputation and rules that allow private companies to keep their ownership secret. A joint investigation by CBC/Radio-Canada and the Toronto Star has found dozens of cases where tax advisers around the world are touting shell companies […]

Under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and with strategic support from the Ministry of Economy Event a key indicator of smart-service adoption as an important tool for conducting business, supporting smart trade and a knowledge economy Dubai, UAE, 3 February 2017 Under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler […]

Former world number one Tiger Woods has pulled out of the Dubai Desert Classic ahead of his second round because of a back problem, the European Tour said on Friday. The American 14-time major champion, now ranked 666th after his long injury layoff due to back problems, recorded a miserable five-over 77 on the opening day on Thursday. Appearing for the eighth time in Dubai, where he […]

By Mike Stone | WASHINGTON WASHINGTON The Department of Defense and Lockheed Martin Corp (LMT.N) announced on Friday an agreement worth about $8.5 billion for 90 F-35 jets, the lowest price to date for the Pentagon’s most expensive program. The deal for the tenth lot of the stealthy fighter aircraft brings the price per jet to below $95 million for the first time, compared to $102 million […]

“The danger is that this is the first stage in an escalation that could culminate in a military confrontation between Iran and the United States, or Iran and Israel,” said Karim Sadjadpour of the Carnegie Endowment for International Peace. “The entire eight years of the Obama administration was an example of unprecedented but largely unreciprocated overtures for cooperation with Iran in the Middle East. The Iranians weren’t […]

Fewer than 60,000 visas were provisionally revoked to comply with U.S. President Donald Trump’s travel ban affecting seven Muslim-majority countries, the State Department said on Friday. The immigration executive order signed by Trump a week ago temporarily halted the US refugee program and imposed a 90-day suspension on people traveling from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. Trump said the measures would help protect Americans […]

Submitted by Robert Wood via Forbes.com, President Trump’s executive order on travel may be generating big protests, but an IRS missive on travel and passports may not go down too well either. More than a year ago, in H.R.22, Congress gave the IRS a new weapon to collect taxes. Tax code Section 7345 is labeled, “Revocation or Denial of Passport in Case of Certain Tax Delinquencies.” The law isn’t limited to criminal tax cases, […]

New Yorkers march against Trump executive order on immigration. INQUIRER/Elton Lugay NEW YORK—When nurse practitioner Cristina Pajara saw a post on an alleged travel ban to include the Philippines, she wasted no time in canceling her scheduled trip to the homeland next month. “Nothing is certain under this new government, I don’t want to take my chances,” Pajara, a nurse practitioner based in Las Vegas told INQUIRER.net. She is among many Filipino Americans who are skeptical about traveling to the Philippines during these “uncertain […]

Anonymous sources are to journalists what a 12-pound funnel cake is to a kid at the state fair: We know it’s unhealthy, but we partake anyway. That has never been truer over the last week, as our good ship of state has sprung leak after leak. Nameless White House officials have served up more scoops than a Baskin Robbins: Trump’s disastrous call with Australia’s Prime Minister, his […]

By Chuck Mikolajczak | NEW YORK NEW YORK U.S. stocks climbed on Friday, with the S&P 500 closing just short of a record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and by a strong payrolls report. The S&P financial sector .SPSY jumped 2 percent to score its best day since mid-November after Trump signed an executive order to […]

The $16tn US retirement savings industry faces renewed uncertainty after the Trump administration said it would review a “fiduciary rule” that forces retail brokers to put their clients’ interests first. The decision prompted dismay from backers of the rule, including Jack Bogle, the founder of Vanguard, who criticised the administration for having Gary Cohn, the former Goldman Sachs president, front the rollout of the new policy. It […]

A Saudi soldier has died from injuries sustained in a landmine explosion on Thursday while on duty, according to the Saudi Press Agency. Corporal Younes Mohammed Ali Abu Rasain, a border guard operating in the Jazan region on the Saudi-Yemen border, was declared dead on arrival at hospital, said a spokesman at Saudi’s Ministry of Interior. Saudi Arabia and its Gulf Arab allies have carried out thousands […]

There is a wide range of commercial applications for AR in both consumer and enterprise use. Josh Miller Augmented reality (AR) and virtual reality (VR) are becoming integral components of modern smartphones, and experts say mobile devices will help drive demand for these technologies. special feature VR and AR: The Business Reality Virtual Reality and Augmented Reality are going to be useful for far more than just […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. job growth surged more than expected in January as construction firms and retailers ramped up hiring, but wages barely rose, handing the Trump administration both a head start and a challenge as it seeks to boost the economy. Nonfarm payrolls increased by 227,000 jobs, the largest gain in four months, the Labor Department said on Friday. The unemployment rate, however, […]

A Foreign Ministry spokesman, Bahram Qassemi, said on Thursday, “It is a shame that the U.S. government, instead of thanking the Iranian nation for their continued fight against terrorism, keeps repeating unfounded claims and adopts unwise policies that are effectively helping terrorist groups.” Continue reading the main story Mr. Flynn also made clear that the challenge to Iran extended beyond the missile test, holding Tehran responsible for […]

Strong winds reaching up to 80km per hour across the UAE forced major sporting events in Dubai to be postponed on Friday. The second round of the Dubai Desert Classic golf tournament was cut short with South African George Coetzee leading by one shot as winds made play impossible. The windy conditions added to a difficult day for tournament organisers following the withdrawal of former world number […]

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