Donald Trump is a threat to press freedom and the norms of political reporting, said Washington Post media columnist Margaret Sullivan. But his presidency presents at least one upside for journalists: There’s probably going to be a lot of leaks in the Trump administration. “I think that people inside agencies and government offices, many of them are people of good conscience,” Sullivan said. “Many of them are […]
The value of the GCC’s healthcare market has grown steadily in recent years and there is little sign that any slowdown is on the horizon. The industry is forecast to be worth $71.3bn by 2020, according to Alpen Capital. The investment bank expects the GCC healthcare sector to record 12.1 percent compound annual growth rate (CAGR) between 2015 and 2020, after 10.3 percent CAGR between 2008 and […]
KUALA LUMPUR: “You just wait.” Those are the stern words of warning uttered by Malaysian Anti-Corruption Commission (MACC) chief commissioner Datuk Dzulkifli Ahmad to any politicians involved in corruption in the country. Commenting on that stern warning, Universiti Malaya associate professor in socio-cultural studies, Dr Awang Azman Awang Pawi said this showed that the agency was firm and would not be deterred by the politicians’ party ideology, […]
Home Appliance & Air Solutions and Home Entertainment Divisions Post Highest Ever Operating Profits in 2016 Saudi Arabia – 26 January 2017 LG Electronics Inc. (LG) today announced a 2016 operating profit of KRW 1.34 trillion (USD 1.16 billion), 12.2 percent increase from 2015 due in large part to strong performance by home appliances, air solutions and home entertainment. For full-year 2016, LG reported revenues of KRW 55.37 […]
By Dustin Volz | WASHINGTON WASHINGTON The FBI appeared to go beyond the scope of existing legal guidance in seeking certain kinds of internet records from Twitter as recently as last year, legal experts said, citing two warrantless surveillance orders the social media company published on Friday. Twitter said its disclosures were the first time the company had been allowed to publicly reveal the secretive orders, which […]
But in interviews with dozens of officials, analysts and ordinary citizens across Muslim-majority countries, there was overwhelming agreement that the order issued Friday signaled a provocation: a sign that the American president sees Islam itself as the problem. Continue reading the main story “I think this is going to alienate the whole Muslim world,” said Mouwafak al-Rubaie, a lawmaker and former Iraqi national security adviser in Iraq. […]
A brief analysis of history suggests that the people, systems and organisations most responsive to change tend to be the most successful, which is directly relevant to the various structural reforms currently being introduced across the region. As governments respond to lower oil prices, the past year has seen a slew of regulatory reforms that will help diversify national economies. The Arab world’s largest economy, Saudi Arabia, […]
JEDDAH: Houthi militias in Yemen are exploiting businesses, levying inflated fees, and using bank profits to finance war expenses, the war-torn country’s prime minister has said. Ahmed Obeid bin Daghr said Houthi militias and rebels regrettably still control YER300 billion generated from areas including customs, trade, telecoms, cigarette sales and cement factories.In a statement to the official Yemeni Press Agency, the country’s prime minister accused the Houthis […]
By Roberta Rampton and Emily Stephenson | WASHINGTON WASHINGTON The presidents of the United States and Mexico spoke by phone on Friday after relations between the neighbouring countries frayed further over Donald Trump’s border wall plan, with the U.S. leader calling the talk friendly but still demanding reworked trade and other ties. The call between Trump and Enrique Pena Nieto came a day after the Mexican president […]
The Dallas Morning News announced late Thursday that it would outsource the design of its print newspaper and cut 25 newsroom jobs. Newspaper chain Gatehouse Media, which has a design center in Austin, will produce the Dallas Morning News. The changes are part of an effort to reorient the newspaper’s design staff around digital. Of the 50 positions on The Morning News’ print design team, 30 will […]
Masdar, Abu Dhabi’s renewable energy company, is inviting selected industry specialists to develop the next phase of the driverless vehicle transit network serving Masdar City. The competition is seeking viable mobility solutions that respect the economic, social and environmental pillars of sustainability on which Masdar City is based, a statement said. Emissions-free vehicular transport within Masdar City has, since November 2010, been provided by a pilot driverless […]
By Lauren Hirsch and Liana B. Baker Snap Inc, the secretive technology company that owns the popular messaging service Snapchat, is due to reveal its financials within a week as it moves toward its eagerly awaited initial public offering (IPO), sources familiar with the situation said on Friday. The Venice, California-based company will publish the registration document it secretly filed with U.S regulators last autumn, containing a […]
The welcome I enter from the side entrance on Peachtree Street and have to carry my suitcase down a flight of stairs to the lobby – the main entrance, flanked by numerous staff, is round the corner. The person who checks me in is bright, breezy and enthusiastic. The lobby is smart and sophisticated. This is the only five-star luxury hotel in the Downtown area, and the […]
The rebound in Brazil’s economy that many expected following last year’s change of government has failed to materialise. GDP will grow just 0.5 per cent this year according to a central bank survey. In per capita terms, that means another 12 months of contraction after headline negative growth of about 8 per cent over the past two years. Not that investors are deterred. The Bovespa equities index […]
By Dave Graham | MEXICO CITY MEXICO CITY Donald Trump’s combative style has buffeted Mexico’s president for months, but deeply unpopular Enrique Pena Nieto may end up thanking the new U.S. president for prompting offended Mexicans to rally behind their leader. From billionaire business magnate Carlos Slim to political opponents, there has been a groundswell of support for Pena Nieto, who has cut a lonely figure in […]
Barilla, the world’s leading pasta brand, has announced regional expansion into Saudi Arabia in partnership with Mayar Foods for distribution of its Italian products through retailers across the kingdom. The pasta market size in Saudi Arabia is 55 thousand tonnes with nearly 2kg consumption per capita per year and the numbers continue to grow, the company said in a statement. The Italian family founded company said it […]
Toshiba on Friday announced that it’s spinning off part of its flash memory business and will sell a stake in the new business to offset major cost overruns from its US nuclear business. Toshiba plans to split off the memory business (including the SSD business, but excluding the image sensor business) by March 31. The company has yet to decide which assets and liabilities will be split […]
By Anna Irrera | NEW YORK NEW YORK Cisco Systems Inc (CSCO.O), Bosch Ltd (BOSH.NS) and several other companies, have set up a consortium to work on how blockchain can be used to secure and improve “internet of things” applications, as sectors beyond finance seek to benefit from bitcoin’s underlying technology. The group, which also includes Bank of New York Mellon Corp (BK.N), Foxconn Technology Group, security […]
Funeral parlor owner Gerardo Santiago who cremated Korean Jee Ick Joo’s remains at the NBI after arriving from Canada early Friday. INQUIRER/ MARIANNE BERMUDEZ “I am innocent,” Gerardo Santiago told reporters on Friday when asked why he returned to the Philippines despite threats to his life. Santiago is the owner of Gream Funeral Services in Caloocan City where the body of South Korean businessman Jee Ick-joo was […]
Baghdad, Iraq; January 26, 2017 GE has further strengthened its collaborations in Iraq to support the country’s power infrastructure, and to meet the growing need for electricity from people and industry. GE signed agreements that will add over 2 gigawatts (GW) of power, and secure the delivery of ~1.75 GW of existing power to the national grid, to strengthen the nation’s power infrastructure. GE will set up […]
The weak economic environment will continue to weigh on the financial profiles of banks in GCC countries in 2017 and 2018, according to S&P Global Ratings. In a new report, the ratings agency said it believes the three key risks are a difficult operating environment, a higher cost of risk, and lower liquidity. However, it added that most GCC banks have built sufficient capital buffers to remain […]
When readers wake up every morning, what do they check first? Probably their texts. Then, if they’re feeling brave, their email inboxes. Readers are inundated with content nowadays, which puts the onus on journalists to reach them where they’re actually paying attention. That’s why many news organizations have begun hiring editors who deal exclusively with email and push notifications, journalism that audiences can’t easily tune out. “I […]
TORONTO General Motors Co will cut 625 jobs at its auto assembly plant in Ingersoll, Ontario, by the end of July and move some production work to Mexico, the president of Canada’s largest auto workers union said on Friday. “This came right out of left field,” said Jerry Dias, the president of the union, Unifor, in a phone interview. “This is NAFTA, this has nothing to do […]
WASHINGTON U.S. Senator John McCain, commenting on Friday on speculation that President Donald Trump may lift sanctions on Russia, said he hoped the administration would reject that “reckless course.” “If he does not, I will work with my colleagues to codify sanctions against Russia into law,” McCain, chairman of the Senate Armed Services Committee and one of the Republican party’s senior foreign policy voices, said in a […]
