By Steve Holland | WASHINGTON WASHINGTON President-elect Donald Trump’s son-in-law, Jared Kushner, will become a senior White House adviser and work on trade deals and the Middle East, transition officials said on Monday, in a rare case of a close presidential family member taking on a major job. Kushner, 35, who is married to Trump’s daughter Ivanka, is taking the job after receiving legal counsel he would […]
Steve Jobs introduced the world to its revolutionary iPhone device ten years ago today. At Macworld 2007 in San Francisco, he described the handset as three products in one – “a widescreen iPod with touch controls, a revolutionary mobile phone and a breakthrough internet communications device.” In the ten years since it was launched, Apple has sold over one billion units worldwide, quickly growing into a revolutionary […]
The real reason Windows has sunk below the 50-percent mark is that smartphones and tablets are continuing to grow while the desktop keeps shrinking. Image: Nate Ralph/CNET Windows is still the most popular end-user operating system, but it’s now used by less than half of the visitors to the federal government’s websites. Windows has fallen to less than half of web visitors to US government websites. The […]
By Zachary Fagenson and David Shepardson | MIAMI/DETROIT MIAMI/DETROIT Volkswagen AG (VOWG_p.DE) suffered a new setback on Monday when an executive was charged with conspiracy to defraud the United States over the company’s diesel emissions cheating and the automaker was accused of concealing the cheating from regulators. Oliver Schmidt, who was general manager in charge of VW’s environmental and engineering office in Michigan, did not enter a […]
09 January 2017 Etihad Etisalat (Mobily) announced today that its Board of Directors had approved the appointment of Eng. Ahmed Abdulsalam Abdulrahman as Mobily Chief Executive Officer and the acceptance of the resignation of Mr. Ahmad Farroukh. The Chairman and Board of Directors offered their sincere thanks and appreciation to Mr. Ahmad Farroukh for all his efforts in stabilizing the company and wished him the very best […]
Despite similar failed attempts, two more letters were sent to the international sporting organisations yesterday requesting a lifting of Kuwait’s sports ban for six months until a new bill is approved by the Assembly, according to Head of the National Assembly’s sports and youth committee MP Saadoun Hammad. Several organisations including The International Olympic Committee (IOC) and football governing body FIFA suspended the Gulf state last October […]
Amazon’s Echo – and the built-in Alexa service: coming to a home near you, soon? Amazon’s Alexa service has been a surprise hit; the digital assistant wrapped up in the Amazon Echo smart speaker that is rapidly turning itself into the leading smart home hub. Alexa can be used for anything from playing music, setting timers and writing shopping lists, to controlling smart home systems, domestic appliances […]
By Svea Herbst-Bayliss | HARTFORD, Conn. HARTFORD, Conn. Boston Fed President Eric Rosengren on Monday called for the U.S. central bank to step up its pace of interest rate increases from the once-a-year pattern it has pursued since 2015, warning of inflation risks if it does not. “I expect that appropriate monetary policy will need to normalize more quickly than over the past year,” Rosengren told the […]
Once again, the dawn of a new year is upon us. People will wonder what to do, what will happen and what can they expect. We, as humans, will rely on pundits to tell us what they think and yes most of what will be said will have a 50/50 chance of being as much right as wrong. This year is going to usher in many seismic […]
“We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow.” So Henry Temple, the third Viscount Palmerston, described British foreign policy in 1848, at the height of its imperial pomp. “England is a power sufficiently strong, sufficiently powerful to steer her own course.” It is more than fanciful to imagine US […]
By Jonathan Landay | WASHINGTON WASHINGTON The risk of conflicts between and within nations will increase over the next five years to levels not seen since the Cold War as global growth slows, the post-World War Two order erodes and anti-globalization fuels nationalism, said a U.S. intelligence report released on Monday. “These trends will converge at an unprecedented pace to make governing and cooperation harder and to […]
After attending last year’s Detroit Auto Show, I wrote that CES can’t replace traditional auto shows just yet. But after spending the last few days at CES in Las Vegas, I’m ready to reverse that position (somewhat). At CES 2017, a critical mass of auto makers and major suppliers unveiled several new concepts, a ton of new technology, and arguably stole the show from traditional […]
No one can ever confidently predict what will happen in the following 12 months, but forecasting 2017 is particularly difficult. The surprises of 2016 (Brexit and the election of Donald Trump are at the top of the list but there were others, including the sacking of the entire Kuwaiti parliament, Saudi Arabia’s backflip on its oil production policy and the sudden demonetisation in India) demonstrate that we […]
DETROIT Volkswagen (VOWG_p.DE) executive Oliver Schmidt will appear in Federal Court in Miami, Florida, on Monday, a spokeswoman for the United States Attorney’s office in Detroit said. The Federal Bureau of Investigation arrested Schmidt on charges of conspiracy to defraud the United States in connection with the automaker’s emissions cheating scandal, a source briefed on the matter told Reuters on Monday. The arrest was first reported by […]
Blow-dry bars are not the only booming business models in the world of hair and beauty. With the global appeal of beards, new barbershop concepts are also gaining popularity in the Middle East, where male clients are often just as particular about their appearance as women are. Nidal Rafiq Malaeb has been a barber for 15 years, and works at the new 1847 VIP Room in Jumeirah […]
The meeting between Mr. Netanyahu and the publisher of Yediot Aharonot, Arnon Mozes, took place in 2014, according to Channel 2, but the discussion does not appear to have materialized into action. Continue reading the main story Still, the disclosure caused an uproar. Critics accused Mr. Netanyahu and Mr. Mozes of plotting to upend the democratic principle of an independent, free and professional press. “We expect in […]
The pound was the biggest faller on foreign exchange markets on Monday, sliding to its lowest level against the dollar since late October, after Theresa May warned there was no prospect of Britain keeping “bits” of EU membership. In an interview at the weekend, the UK prime minister told Sky News that “often people talk in terms as if we are leaving the EU but we still […]
A high-profile forum co-hosted by the six-nation Gulf Cooperation Council (GCC) and European Union (EU) is to take place in Riyadh on Monday. In information carried on its website, the EU said that several GCC and EU officials would participate in the meeting aimed at expanding cooperation and encouraging bilateral investment. European Transport Commissioner Violeta Bulc is to lead the EU representation in the GCC along with […]
The Federal Bureau of Investigation has arrested a Volkswagen AG (VOWG_p.DE) executive on charges of conspiracy to defraud the United States, the New York Times reported on Monday. Oliver Schmidt, who headed the company’s regulatory compliance office in the U.S. from 2014 to March 2015, was arrested on Saturday by federal investigators in Florida, the newspaper said, citing people familiar with the matter. nyti.ms/2iTA73S VW admitted in […]
By Ju-min Park | SEOUL SEOUL South Korean special prosecutors team have filed fresh charges including bribery against a close friend of impeached President Park Geun-hye, the central figure in a political scandal that has engulfed the country, the team said on Monday. Choi Soon-sil, in jail since late October and on trial since last month, already faces charges of abuse of power and attempted fraud. On […]
A snake found on board an Emirates aircraft forced the cancellation of a flight from Muscat to Dubai. The snake was discovered on Sunday prior any passengers boarding the 10.50am flight, and was cancelled to allow for a cleaning crew to carry out a detailed service before the Boeing 777 aircraft returns to service. “Emirates can confirm that flight EK0863 from Muscat to Dubai on 8 January […]
Mayfield Robotics chief executive Michael Beebe unveils the Kuri robot at the Consumer Electronics Show in Las Vegas, on January 6, 2017 Professor Einstein rolls his eyes, sticks out his tongue, and can give a simple explanation of the theory of relativity. With his lifelike rubbery “skin” and bushy mustache, he can almost make you forget he’s a robot. The Einstein robot is among dozens roaming the […]
By Bernie Woodall and David Shepardson | DETROIT DETROIT Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) on Sunday said it will invest $1 billion to modernize two plants in the U.S. Midwest and create 2,000 jobs, upping the ante as automakers respond to threats from President-elect Donald Trump to slap new taxes on imported vehicles. FCA’s announcement that it would retool factories in Ohio and Michigan to build new […]
Last year was tough for global aviation and, like many in this sector, there’s not much I wouldn’t give for a crystal ball to see what 2017 has in store. Having said that, the consensus is that we can expect more of the same, with the wide range of macro challenges that beset the world in 2016 continuing. War and regional conflicts are ongoing and the ever-present […]
