The last time I wore glasses with a camera built into them, it was Google Glass. The idea, hype, and eventual demise of Google Glass was spurred on by privacy concerns, lack of true augmented reality capabilities, and just how plain goofy the gadget made users look. Snap, the company formerly called Snapchat, is looking to create its own path of wearable cameras with Spectacles. The $129 […]
Dense fog continued to affect road and air traffic in Dubai for the second day on Thursday, with Dubai Police confirming 119 traffic accidents on Wednesday due to early morning fog. The accidents were reported between 4am and 9am, with no injuries, the police said, adding that its control room received a total of 1,892 calls up until 12 noon. Major Mohamed Juma Aman, deputy director of […]
By Tom Hals | WILMINGTON, Del. WILMINGTON, Del. Peabody Energy Corp said on Thursday the deadline for creditors to join financing deals aimed at bringing the largest U.S. coal miner out of bankruptcy had been extended after large investors sued to slow the process. Last week, Peabody unveiled its plan to eliminate more than $5 billion of debt and raise capital from creditors with a $750 million […]
Diagnosing illnesses can sometimes take a lot of time and money. Some medical procedures that go beyond mere prodding can also be very painful. However, thanks to a new device developed by researchers in Israel, doctors could soon determine a person’s illness simply by getting a quick read of their breath. Just one puff is all it takes. Prof. Hossam Haick and his colleagues at the Technion-Israel […]
The start of a new year is a time when many are angling to follow a healthier path. But aiming towards a 2017 filled with wellbeing and self-care does not have to be an arduous journey. Chiaro Campo, spa manager of the award-winning T Spa at the Grand Hotel Tremezzo on Lake Como, Italy, shares 10 simple steps to promote wellbeing for the next 12 months and […]
MANILA, Philippines – The military is eyeing the Maute terror group in the bombing of the town plaza of Hilongos, Leyte last Wednesday night. In line with initial military findings, Col. Edgard Arevalo, Armed Forces Public Affairs Office chief, said the Maute group could have launched the Leyte bombing to divert the attention of government troops conducting offensive operations against the group in Butig, Lanao del Sur. […]
By Yashaswini Swamynathan Wall Street looked set to open little changed on Thursday, a day after the S&P 500 index suffered its biggest fall in two months, putting a damper on a post-election rally. A report showed the number of Americans applying for jobless claims fell by 10,000 to 265,000 last week, indicating sustained strength in the labor market. U.S. equities had been enjoying a rally since […]
Long-running Broadway musical Cats will be staged at the Qatar National Convention Center from February 1 to 4 2017, organisers have revealed. Tickets for the show have gone on sale at Virgin Megastore and online outlets with prices ranging from $41 (QR150) to $330 (QR1,200). The award-winning musical is based on T.S. Eliot’s Old Possum’s Book of Practical Cats, and includes popular hits such as Memory and […]
On October 17, every employee at Dentsu — Japan’s biggest advertising agency and arguably the country’s most influential company — received the same, catastrophic-sounding message from the company’s president, Tadashi Ishii. “The approved way of working at our company cannot be accepted by stakeholders, including the authorities,” said the memo, according to media reports. Coming a month after Dentsu was caught overbilling hundreds of clients, and just […]
M&A: back with a bang Deal activity was vigorous with much of it concentrated just below the level of the industry’s biggest companies. Nasdaq bought International Securities Exchange for $1.1bn, while CBOE Holdings announced a $3.2bn deal for Bats Global Markets in September. Of most significance, the pending €24bn tie-up between London’s LSE Group and Deutsche Börse, which will create Europe’s largest exchange. As the chart above […]
India’s former central bank chief Raghuram Rajan was once described as a “rock star” economist but the Reserve Bank of India’s new deputy governor has actually written an album of songs. Viral Acharya, a New York University professor, was on Wednesday named as a deputy governor of the Reserve Bank of India. Not only does Mr. Acharya have an impressive professional and academic record, he is also […]
29 December 2016 Munich. As 2016 comes to a close, BMW is able to look back on a highly successful year with well over 50 national and international awards and distinctions. As in the past, vehicles of the brand were highly rated by juries across a range of different categories and topics, frequently finishing at the top of the winners’ rostrum. The awards reflect not just outstanding […]
Jamillah Ali, daughter of boxing legend Muhammad Ali, visited Qatar on Monday for a private tour of an exhibition dedicated to the champion’s life and career. Ali, who is one of the boxer’s nine children, visited the Museum of Islamic Art in Doha where the exhibition, Muhammad Ali: Tribute to a Legend, is being staged. The exhibition, which was launched in July, displays 22 artefacts, including signed […]
By Jamie McGeever | LONDON LONDON European shares, the dollar and bond yields fell on Thursday, with traders using the quiet holiday period to book some profit on the rise that had lifted all three to multi-year and in some cases record highs recently. Weakness in European financial stocks helped push broader indices into the red, extending the slippage after soft U.S. housing data the previous day. […]
Shares in Toshiba fell 17 per cent to ¥257 on Thursday, taking the total loss of equity value to more than 40 per cent since the Japanese company announced that it was facing a multibillion-dollar writedown at its US nuclear division Westinghouse. As investors continued to digest Tuesday’s warning, shares in some of Japan’s biggest banks slid after the electronics-to-nuclear conglomerate raised the prospect of losses on their […]
|By Arabian Post Staff| There is a greater national focus on achieving operational efficiency across sectors in the Middle East – and one notable area that stands to benefit immensely from embracing digitally-enabled solutions is utilities, Booz Allen Hamilton says in its energy trend forecasts for 2017. Change continues to be the defining feature of the global energy sector in 2017. In the oil and gas industry, […]
Saudi Arabia has announced a timeline for implementation of a tax on harmful products including soft drinks and cigarettes, and said it has completely ruled out income tax contrary to previous reports, according to an official document. The Fiscal Balance Program 2020 report, published by the Saudi government last week, said the kingdom would impose a 50 percent tax on soft drinks and a 100 percent tax […]
This year has been tough-going in more ways than one and, by most accounts, Singapore’s economy is expected to be heading for rougher seas in 2017. According to a survey by the Singapore Business Federation, 63 percent of local companies said the economic climate worsened in 2016 and 48 percent believed the downward spiral would continue in the new year. The Monetary Authority of Singapore also warned […]
TOKYO Shares in Toshiba (6502.T) fell more than 19 percent in morning trade on Thursday, clocking a third day of heavy losses after the Japanese tech-to-nuclear conglomerate said earlier this week it faced a potential multi-billion dollar writedown. Late on Wednesday, Moody’s became the second rating agency to downgrade the group, pushing it deeper into “junk”, or non-investment grade territory, with a Caa1 rating, from B3. “Although […]
Principal Investment Arm of the Government of Dubai Grows its Portfolio to AED 736.8 Billion Dubai 28 December 2016 Investment Corporation of Dubai (ICD) announced its consolidated financial results for the six-month period ended 30 June 2016 showing Revenues of AED 82.5 Billion and a Net Profit of AED 10.3 Billion. These results are achieved against a backdrop of lower oil and commodity prices, a strong US […]
ABU DHABI // Five hundred taxis at Dubai airport will soon be equipped with free WiFi. Telecoms firm du has signed an agreement with Dubai Taxi Corporation of the Roads and Transport Authority to provide passengers with free internet and smart screens in the airport cab fleet. “Our cooperation with du to provide internet and smart screens across our Dubai Airport fleet embodies the Smart Dubai strategy […]
Two years ago, James Garstang, a brewer at the Kernel Brewery, one of London’s most popular microbreweries, was approached by a friend about an opportunity abroad. “He said: ‘If you are interested in some karma and curry, then I have a potential job for you,’” Mr Garstang recalls. Less than a month later, the Londoner was living and working in Gwalior, a midsized city in India five […]
Almost all – nine in 10 – Middle East workers believe that employee loyalty is tied to higher productivity, but ‘loyalty’ for them is no longer about remaining in the same company for a long period of time, a survey suggests. Recruitment website Bayt.com surveyed 8,223 respondents from countries including the UAE, Algeria, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Tunisia, Qatar, KSA and Yemen between November and […]
Singapore Oil prices fell in early trade in Asia on Thursday following a surprise build in U.S. crude stocks shown in data published by the American Petroleum Institute (API) late on Wednesday. U.S. benchmark West Texas intermediate (WTI) CLc1 crude futures were down 31 cents or 0.57 percent to $53.75 at 0104 GMT after settling up 16 cents at $54.06 per barrel in the previous session. Brent […]
