The seven candidates for France’s centre-left presidential nomination showed their profound differences on the economy and the EU on Thursday night even as they scramble to pull together a fractured Socialist party ahead of a widely expected crushing defeat in the spring. A little more than a week before the first round of primary elections, the presidential hopefuls quarrelled on primetime television over the legacy of the […]
The Chargers’ move is expected to presage another, with the Oakland Raiders gearing up to abandon their home in the coming weeks and bring N.F.L. football to Las Vegas for the first time. Continue reading the main story These moves will ultimately help the league meet its financial target, even at the expense of medium-size cities like San Diego and St. Louis, and possibly Oakland, left without […]
A US appeals court ruled Thursday that a group of iPhone owners can proceed with a class action lawsuit against Apple, which claims the Cupertino company has attempted to monopolize the market for iPhone apps. The ruling, from the 9th US Circuit Court of Appeals, re-opens allegations first brought to court in late 2011. The plaintiffs argued Apple, which only allows iPhone users to purchase apps through […]
Rashid Bin Fahd: ‘Bilateral relations between the UAE and India are witnessing continuous development and strong potential for greater prosperity in the next phase’ Abdullah Al Saleh: ‘India’s largest trading partners.. and UAE is the largest Arab investor in India and tenth globally’ Abu Dhabi, January 12, 2017 A high-level delegation from the UAE is participating in the 8th eighth Vibrant Gujarat Global Summit which kicked […]
National Bank of Oman (NBO), the sultanate’s third-largest lender by assets, posted on Thursday a 19.9 percent fall in fourth-quarter net profit, according to Reuters calculations. The lender made a profit of 13.68 million rials ($35.5 million) in the three months to Dec. 31, Reuters calculated based on previous financial statements in lieu of a quarterly breakdown. This was down from 17.07 million rials in the same […]
SEOUL Samsung Group [SAGR.UL] leader Jay Y. Lee left the South Korean special prosecutor’s office on Friday morning after being questioned for more than 22 hours, Yonhap News Agency reported on Friday. The special prosecutor’s office has been investigating whether Samsung provided 30 billion won ($25.28 million) to a business and foundations backed by Park’s friend in exchange for the national pension fund’s support for a 2015 […]
MIAMI/NEW YORK A U.S. judge on Thursday ordered a Volkswagen executive charged in the Justice Department’s diesel emissions investigation held without bail pending trial. Oliver Schmidt was arrested Saturday at Miami’s International Airport as he planned to fly home after a vacation. He was one of six current and former VW executives charged this week in U.S. District Court in Detroit. The other five are in Germany […]
Josh Benson and Tom McGeveran, who founded the politics, culture and media site Capital New York in 2010 before selling it to Politico in 2013, are leaving the company. The departures were announced in a memo to staff from Politico Editor-in-Chief John Harris, who also said Politico’s statewide operations would be consolidated in Rosslyn. Launched in 2015, Politico States has established a presence in states across America, […]
By Patrick Rucker and James Oliphant | WASHINGTON WASHINGTON U.S. Senate Democrats on Thursday pressed Ben Carson, Donald Trump’s nominee to lead housing policy, on potential conflicts of interest between the agency he is set to run and properties in which the president-elect may hold a financial stake. The Department of Housing and Urban Development (HUD) hands out billions of dollars each year to developers and landlords. […]
Chatbots, collective intelligence and blockchain are some of the big technology trends that will change the way entrepreneurs run their businesses in 2017, says Klaus-Michael Vogelberg, chief technology officer at Sage. Vogelberg sees six major trends in 2017 that could make a big difference to the way business builders will work in 2017 and beyond. 1. Chatbots and autonomous interfaces Autonomous interfaces, such as chatbots or digital […]
By David Shepardson and Bernie Woodall | NEW YORK/DETROIT NEW YORK/DETROIT The U.S. Environmental Protection Agency on Thursday accused Fiat Chrysler Automobiles NV of illegally using hidden software that allowed significant excess diesel emissions, the result of a probe that stemmed from regulators’ investigation of rival Volkswagen AG. The EPA action affects 104,000 U.S. trucks and SUVs sold since 2014, about one-sixth the number of vehicles than […]
While most major car makers are rushing headlong into the driverless cars era, one Japanese motor manufacturer is eschewing that bandwagon to concentrate on automated help rather than outright replcement. Inifiniti, the luxury arm of Nissan, has previewed ProPilot, an evolving suite of autonomous drive support technologies, at the 2017 North American International Auto Show (NAIAS) in Detroit. Central to the strategy for the development of all […]
Fernandez was surprised at the scale of the problems on the Westside and the apprehension of the residents who remember the unmet promises of the past. “This is a very racialized atmosphere — the rich, white billionaire going to save the black folks,” he said while driving past boarded-up homes and shuttered churches and shops. “You can only go the speed of trust and just weather the […]
A classic distinction in markets exists between bulls and bears, the snorting herd of enthusiasts and the pessimists who roar at them from caves, waiting for a panicked stampede. Yet a sign of the uncertain outlook, with the consequences of the incoming Trump administration unknown, elections due in Europe and Brexit still to begin, may be how those labels don’t fit quite as easily as before. For […]
Wikimedia Commons IBM has announced a new partnership with the US Food and Drug Administration (FDA) in a study designed to determine whether blockchain technology can be used to keep medical data transfers safe from theft or exploit. The tech giant announced the collaboration between IBM Watson Health and the FDA on January 11. The research initiative is a two-year agreement between the FDA and IBM which […]
Dubai police has said that it received 144 reports of road accidents in a four-hour period on Thursday morning as the emirate was shrouded by fog. Police command said in a statement that it received a total of 1,257 calls from 6-10am. Major Mohamed Juma Aman, deputy director of the control room at the General Department of Operations at Dubai Police, urged drivers to be more alert […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Donald Trump is nothing if not transparent, especially when it comes to views of the press and outright evasions about his business holdings. That was self-evident at his Wednesday spectacle (labeled “press conference”) in which he bashed media and also […]
The new Online Application Platform sees that the visa is processes within 3 Business Days 12 January 2017 Brits, Indians, citizens and expatriates of the Gulf Cooperation Council (GCC) and 81 other nationalities will now be able to apply for Azerbaijan visa online in a safe and stress-free and way following the introduction of a hustle free online visa application technology by the Ministry of Culture and […]
By Susanna Twidale | LONDON LONDON Britain should go ahead with “cost effective” plans to build what would be the world’s first tidal lagoon renewable power project, a government commissioned review said on Thursday. Britain needs to invest in major new infrastructure to replace aging coal and nuclear plants set to close in the 2020s, and also needs to reduce is greenhouse gas emissions to meet its […]
LONDON Asset management giant PIMCO said on Thursday it thought there was a chance China could freely float its currency, the yuan, this year. The firm’s head of Asian portfolios, Luke Spajic, said in a note Beijing was finding it impossible achieve three goals simultaneously: a stable or fixed foreign exchange rate, free capital movement and an independent monetary policy. Combining tighter financial conditions with this policy trilemma […]
Global investors sold the dollar and sought government bonds and gold on Thursday in the wake of Donald Trump’s pre-inauguration press conference, revealing the first sign of buyers remorse for a reflation rally that has dominated global markets since early November. Mr Trump’s press conference, his first as president-elect, was held in New York’s Trump Tower on Wednesday and was dominated by his ties to Russia, his […]
It doesn’t get more exclusive than a private dinner at a chef’s table, especially when it’s Reif Othman’s. If you haven’t heard of the chef, he’s the mastermind behind Dubai’s buzzing restaurant and lounge Play, a venue he calls his “money-maker.” But it’s his latest concept “The Experience by Reif Othman” that will really get you excited. Offering guests the chance to try a distinctive 10-course menu […]
While we learned earlier that John McCain was responsible for handing over the 35-page “dossier” of compromising, if arguably fake, revelations about Trump’s connections to Russia over to the FBI, the identity of the actual creator, who was said to be an ex-British intelligence service, remained a mystery. No longer. Courtesy of the WSJ, we now know his name: the former MI-6 officer, now working for a […]
HONG KONG Property developer China Vanke (000002.SZ) (2202.HK), embroiled in a high-profile corporate power tussle for over a year, said on Thursday its No. 2 shareholder China Resources Group is considering a major plan. The country’s second-largest developer said in a statement it had been informed on Wednesday that China Resources and a unit were ‘formulating a major plan involving its holdings in Vanke but are still […]
