If you’re going on safari, but don’t fancy roughing it, DesignQ’s latest concept plane may take your fancy. The design shop developed the ‘Explorer’ aircraft for BAE Systems (the global defence, security and aerospace company). It is the first of four concepts that will be released throughout 2017, all aimed at exploring the possibilities for the Avro Business Jet. The spacious layout includes a unique outdoor deck […]
By Jeffrey Dastin | SAN FRANCISCO SAN FRANCISCO Amazon.com Inc plans to invest $1.49 billion to build a large air cargo hub in northern Kentucky, state officials said on Tuesday, stoking expectations it may one day opt to directly compete with FedEx Corp and United Parcel Service Inc. The world’s biggest online retailer has agreed to a 50-year lease for about 900 acres of property from Cincinnati/Northern […]
Uber’s self-driving car ambition just got another boost after it signed on the German automaker Daimler in an initiative to develop automated vehicles for its ride-hailing network. Looking at the announcement, however, one is left wondering if the partnership could really lead Uber to build a driverless car on its own. Uber’s Role Uber CEO Travis Kalanick stated that, here, Uber is not going to be involved […]
Considered the birthplace of Alpine tourism, St Moritz, host of two Winter Olympics and haunt of the rich and famous, packs in both chocolate-box charm and red-carpet luxury — as does this new penthouse apartment. Coming onto the market in February, the Grace St Moritz penthouse, along with 16 other apartments, is housed in a restored boutique hotel, formerly the historic La Margna in Switzerland. The hotel […]
Brady, Coach Bill Belichick and the Patriots’ owner, Robert K. Kraft, also happen to be friends of the president, whose actions, including his temporary ban on refugees and restrictions on immigrants from some Muslim-majority countries, have been highly controversial. Continue reading the main story Of the transcripts provided for the interviews with 26 of the Patriots players and coaches and 28 of the Falcons players and coaches, […]
Submitted by John Whitehead via The Rutherford Institute, “We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force.” -Ayn Rand The torch has been passed to a new president. All of […]
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by […]
WASHINGTON: Iran’s ballistic missile launch on Sunday was Tehran’s “first litmus test” for the Donald Trump administration as much as it was a regional show of force, according to experts.With the launch coming just nine days into the Trump presidency, Iran-watchers expect the new administration to respond through the different levers at its disposal.A more aggressive retaliation could, however, backfire, and lead to an unintended escalation in […]
On Saturday, as ripples of President Trump’s refugee ban began making news, Los Angeles Times Business Editor Kimi Yoshino suggested a different way to cover the story. Yoshino, who is married to an Iraqi refugee and whose family was detained at internment camps in World War II, saw people sharing their own stories on social media. Her idea: Let’s do something that captures that emotion. On Saturday, […]
According to the Chinese zodiac Google became a public company in the year of the Monkey, in August 2004. In Western culture we are familiar with the story of the three monkeys who very wisely: see no evil, hear no evil, and speak no evil. In some Asian cultures there is a fourth monkey: Do no evil. “Do no evil” is often misquoted as Google’s famous motto, […]
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by […]
Dubai Municipality plans to impose tougher controls on people conducting illegal trade through social media channels. The controls include stiff fines and blocking of ‘business’ websites, it said on Monday. Redha Hassan Salman, director of the health and safety department at Dubai Municipality, said in a statement to media: “We are looking for different means to implement penalties on those people who practice illegal online trade. “We […]
By Sinead Carew and Jamie McGeever | NEW YORK/LONDON NEW YORK/LONDON U.S. President Donald Trump and a top economics adviser on Tuesday unleashed a barrage of criticism against Germany, Japan and China, saying the three key U.S. trading partners were engaged in devaluing their currencies to the harm of American companies and consumers. The comments from Trump at the end of a White House meeting with pharmaceutical […]
Elliott Management, the activist investment group, has called for the removal of Klaus Kleinfeld as chief executive of Arconic, the specialist metals and components company created last year by the break-up of Alcoa, arguing that “current management’s persistent failure . . . has destroyed considerable shareholder value”. The fund manager, Arconic’s largest shareholder with direct control of 10.5 per cent of the group’s shares, and a further 1.6 per cent through […]
“I remember, when I was a youngster, we used to have to translate Erasmus. He was already travelling as a scholar 500 years ago.” Sir Eric Thomas, the retired vice-chancellor of the University of Bristol, is reminiscing about his Latin A-level classes, in which the journals of the 15th-century Dutch Renaissance scholar featured prominently. “Even all that time ago, the concept of there being an international community […]
The three largest Omani banks – BankMuscat, Bank Dhofar and National Bank of Oman – face pressure on profitability from slowing economic growth and increased demand for Islamic finance, Moody’s warned on Tuesday. Growing appetite for Islamic finance is intensifying competition for products and placing the banks under pressure, a report from the rating agency argued. However, it added that BankMuscat, Oman’s largest bank by assets, was […]
|By Tim Plenderleith| Who ever said ‘happily ever after’ was just the stuff of fairytales? These days those words are written into the soles of Lionel Messi’s cleats. (Or at least, that’s the idea.) The “Sport Infinity” range by sports apparel company Adidas uses worn-out cleats and, by combining them with scrap materials from other industries, reimagines them into high quality new shoes. “The football boots […]
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by […]
Apple Inc (AAPL.O) reported a bigger-than-expected rise in iPhone sales for the holiday quarter but forecast current-quarter revenue below estimates as customers hold back on phone upgrades in anticipation of the launch of the 10th-anniversary iPhone. Apple sold 78.29 million iPhones in the first quarter ended Dec. 31, up from 74.78 million last year, marking the first quarterly growth in iPhone sales in a year. Analysts on […]
The words “Muslim-majority country” are permitted in the Wall Street Journal, Editor-in-Chief Gerry Baker told his staff Tuesday, hours after being quoted telling editors to remove the phrase. “There is no ban on the phrase ‘Muslim-majority country,’” Baker said. “But we should always be careful that this term is not offered as the only description of the countries covered under the ban.” Baker was responding to an […]
Apple returned to increasing revenue in the holiday quarter and said the growth rate could accelerate in the coming months, as iPhone sales rebounded strongly in North America, western Europe and Japan. However, despite forecasting revenues to grow as much as 6 per cent in the current quarter, its outlook fell just short of Wall Street’s estimates amid continuing sales declines in China and foreign currency headwinds. […]
Capital Group, one of the world’s biggest investment groups and a cornerstone backer of upstart stock exchange IEX, wants the incoming Trump administration to stymie high-frequency traders by overhauling one of the US equity market’s biggest but controversial regulatory planks. Matt Lyons, global head of trading at $1.4tn Capital Group, was a big supporter of the anti-HFT exchange made famous by Michael Lewis’s book Flash Boys, making […]
Emirates Integrated Telecommunications Co (EITC), the holding company for UAE phone service provider du, will launch Virgin Mobile as a new brand in the country, EITC’s chief executive Osman Sultan said on Tuesday. EITC will have full ownership, management and operation of the Virgin Mobile brand in the country, Sultan told a news conference, adding that services under the brand would start “within weeks” and focus on […]
Written by Anees Jillani | Published:February 1, 2017 12:31 am Pakistani Prime Minister Nawaz Sharif (File Photo) Since January 4, a five-member Bench headed by the second seniormost judge of the Supreme Court of Pakistan has been hearing for three hours every day petitions alleging corruption by Prime Minister Nawaz Sharif, filed by the chairman of the Pakistan Tehreek-e-Insaaf (PTI) Imran Khan, and the head of the […]
