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Kuwaiti telecoms firm Zain Group has made a strategic investment in Colle Capital Partners, an early stage technology venture fund based in New York, with a presence in San Francisco. Colle Capital Partners has a diversified technology focus with an emphasis on data in energy, media, telecommunications, health IT, security, and software development. Zain said its investment in Colle Capital Partners is its fourth in technology-focused venture […]

Submitted by Duane via Free Market Shooter blog, On Thursday, December 1st,  Yasmin Seweid was allegedly assaulted by Trump supporters in NYC.  According to BuzzFeed and the NY Daily News, the attack took place at the uptown 6 train stop at 23rd Street in midtown Manhattan.  The assaliants allegedly called Seweid a terrorist, broke her bag strap, followed her when she tried to get away from them, […]

BEIJING Beijing’s city government has ordered 1,200 factories near the Chinese capital, including an oil refinery run by state oil major Sinopec and a Cofco food plant, to either shut or cut output following its highest possible air pollution warning. Environmental authorities issued a red alert that started on Friday night and will run until Wednesday after warning of a smog build-up across China’s north. That will […]

Image: ZDNet [This article has been updated several times since its initial publication to incorporate changes in Windows 10. Last updated: December 16, 2016] Over the past year, I’ve read countless “privacy guides” for Windows 10. Most are well-intentioned, but they invariably take a simplistic approach to privacy: Just turn off every switch in the Privacy section of the Settings app. If you do that, you’re not […]

The biggest surprise in meeting the entrepreneur behind Gulf meat eateries such as B+F Burger Boutique and Slider Station is learning that he is a recent adopter of veganism. Basil Al Salem — king of the juicy steak shawarmas on offer at Nomad Kitchen and the Coca-Cola-braised short ribs served up at Slider Station — went vegan earlier this year. But this does not mean that he […]

NEW YORK Goldman Sachs Group Inc (GS.N) has agreed to pay $56.5 million to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553 trillion derivatives market. The proposed settlement was disclosed in papers filed in federal court in Manhattan on Friday. It came after seven other banks agreed in May to pay a combined $324 […]

Samsung has long outsourced a sizable percentage of its liquid crystal display (LCD) panels from sharp, but this may come to a halt soon, according to reports. Sharp has reportedly given Samsung a heads-up that its supply of LCD panels for the South Korean electronics company will stop beginning next year. Sharp Stops LCD Panel Supply For Samsung Sakai Display Products, a Japanese LCD joint venture between Taiwan’s […]

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A group of intelligence experts, including a former head of MI6, has cut ties with fellow academics at Cambridge university, in a varsity spy scare harking back to the heyday of Soviet espionage at the heart of the British establishment. Sir Richard Dearlove, the ex-chief of the Secret Intelligence Service and former master of Pembroke college, Stefan Halper, a senior foreign policy adviser at the White House […]

Shock is a matter of perspective and expectation. Imagine a time traveller stepped through the door a year ago and said the UK would vote to leave the European Union, a presidential candidate who advocated debt renegotiation would be headed for the White House, and Italy would reject the reforms of Prime Minister Matteo Renzi. Who would have predicted a worldwide bull market for stocks and bonds? […]

Toronto worker Kristy Milland looks for data jobs that she can pick up to make ends meet. Image: Sam Santos/George Pimentel Photography This article originally appeared on TechRepublic. Each morning when she wakes up, Kristy Milland powers up her home computer in Toronto, logs into Amazon Mechanical Turk, and waits for her computer to ding. Amazon Mechanical Turk (AMT), which has been around for over a decade, […]

Kuwait’s foreign ministry summoned the Iranian ambassador to demand the release of four Kuwaiti nationals detained in the western Ahvaz region of Iran, it said in a statement published by state news agency KUNA on Friday. The ministry was coordinating with Iranian security authorities to press for visits to the men and to facilitate their release, the statement said. It did not elaborate on who the men […]

By James Oliphant and Emily Stephenson | WASHINGTON WASHINGTON With more than 20 nominees now selected, Donald Trump’s cabinet appears much like the president-elect himself: mostly older, white males, many of them wealthy, who see themselves as risk-takers and deal-makers and prize action over deliberation. Trump, who says Washington is “broken” and controlled by special interests, has largely eschewed technocrats with long government experience. Instead, he has […]

By Sam Forgione | NEW YORK NEW YORK The U.S. dollar edged lower against a basket of major currencies on Friday, but still held near 14-year highs touched after Wednesday’s Federal Reserve meeting, with profit-taking halting the greenback’s rally. The dollar index .DXY, which measures the greenback against a basket of six major rivals, was last at 102.900, not far from Thursday’s 14-year high of 103.560 but […]

There’s a great scene in The Big Short, the movie of Michael Lewis’ book about the mortgage crisis, where two shiny-suited brokers brag about how many loans they’ve been producing — for big commissions — to unsuitable borrowers. “We call those loans ‘Dorothys’ ‘cause they’re magic,” grins the one in black. “No credit, no income, no problem: just tap your shoes together three times and say ‘There’s […]

If there was a way to end the year on a bright note for as many businesses as possible, a deal to cut oil production was probably the most likely news to hit the spot. Of course, there will be some sectors not sharing in the joy – those that rely heavily on oil to fuel, such as aviation, manufacturing and agriculture, may be dreading increased costs. […]

By Roberta Rampton and Jeff Mason | WASHINGTON WASHINGTON U.S. President Barack Obama on Friday strongly suggested that Russian President Vladimir Putin personally oversaw the computer hacks of Democratic Party emails that American intelligence officials say were aimed at helping Republican Donald Trump win the Nov. 8 election. At a pre-Christmas press conference, Obama levelled a fierce attack against Russia, calling it a smaller and weaker country […]

By Anggy Polanco and Maria Ramirez | EL PINAL/CIUDAD GUAYANA, Venezuela EL PINAL/CIUDAD GUAYANA, Venezuela Small protests and looting broke out in some Venezuelan provinces on Friday due to lack of cash after the socialist government suddenly decreed this week that its largest banknote would be pulled from circulation in the midst of a punishing economic crisis. President Nicolas Maduro on Sunday gave Venezuelans a few days […]

By Lisa Baertlein and Svea Herbst-Bayliss Chipotle Mexican Grill Inc (CMG.N), under pressure from activist investor Bill Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive and a former top executive at McDonald’s, which once owned the burrito chain. Matthew Paull, a former McDonald’s Corp (MCD.N) chief financial officer, will join the Chipotle board. Media executives […]

The war in Syria has subjected Turkey’s border regions to terrorist attacks and demographic upheaval on an historic scale, but on the face of it there’s a welcoming feeling to Samanda, a bustling town of 45,000 on the shores of the eastern Mediterranean. On a wall by the town’s beachside boardwalk, graffiti proclaims how “Syrians are our brothers”, a sentiment in sharp contrast to the burning of refugees’ […]

Etihad Airways and Lufthansa have signed a codeshare agreement that could herald further partnership growth between the two national carriers. In what is seen as the potential start of a growing relationship between the two airlines, Etihad and Lufthansa have agreed to codeshare on the UAE carrier’s twice-daily flights between its home base of Abu Dhabi and Frankfurt, and its twice daily services between Abu Dhabi and […]

Vanity Fair is the latest news organization to profit from President-elect Donald Trump’s Twitter ire. The Condé Nast magazine has seen its subscriptions rise 100 fold Thursday after Donald Trump tweeted that the publication was “way down, big trouble, dead.” This is the highest number of subscriptions sold in a single day ever at Condé Nast, according to a spokesperson. Has anyone looked at the really poor […]

Real estate investment made easy as 1,2,3; lucrative rental yields await investors Dubai, United Arab Emirates – 15 December 2016 DAMAC Properties, one of the leading luxury real estate developers in the region, today announced the launch of MOD, a collection of townhouses in the heart of international golf community AKOYA Oxygen. The homes in this community, with a contemporary expression of luxury, are priced to be […]

5918 25 by Shannon K. O’Neil December 16, 2016 A worker unloads palm fruit at a palm oil plantation in Peat Jaya, Jambi province on the Indonesian island of Sumatra September 15, 2015 in this photo taken by Antara Foto. September 15, 2015 (Reuters/Wahyu Putro A/Antara Foto). Trade Rules Favor Asia, Not the United StatesAsia’s rise in the global trading system continues. Recent World Economic Forum data […]

In 2009, my TV cable bill went over $100 a month, and I decided enough was enough. I cut my cable. It wasn’t easy then. The internet streaming devices were primitive, and my choices were few. Today, Netflix is more popular than conventional TV, more teenagers watch YouTube than the networks, and rival streaming services Amazon Video, Hulu, and Sling TV are growing by leaps and bounds. […]

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