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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 […]

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 […]

Entrepreneurs in the country are using some old-fashioned handiwork to help create products for mass production at a fraction of the today’s costs. Whether this will be a manufacturing revolution or evolution, 3D printing is here to stay. For a man working at the frontier of a technological revolution, there is a surprising amount of handicraft to Ahmad Mackieh’s approach to 3-D printing that shows in the […]

UK taxpayers are facing a £24bn bill for decommissioning oil and gasfields in the North Sea — threatening to wipe out remaining tax revenues from an industry that has been among the Treasury’s most reliable cash cows for the past four decades. The new estimates show how the North Sea oil industry risks becoming a net drain on UK resources as it enters its sunset years and […]

Showcase for Business Opportunities in Waste Management Sector, More Than 100 New Products and Services 08 January 2017 Abu Dhabi, United Arab Emirates Leading international experts will share practical experience to create a cleaner, healthier, and more sustainable environment, at the fourth EcoWASTE conference and exhibition to be held from 16 to 19 January as part of Abu Dhabi Sustainability Week (ADSW). Hosted by Masdar in […]

A year ago Mohammed bin Salman, Saudi Arabia’s deputy crown prince and the power behind the throne, electrified the global energy industry by revealing plans to float the world’s largest oil producer. The ambitious proposal for an initial public offering in state-owned Saudi Aramco is the centrepiece of the hard-charging 31-year-old’s vision to overhaul an economy seen as too heavily dependent on natural resources. One year on […]

Abu Dhabi Municipality seized a total of 1,233 abandoned vehicles last year, it has said. The civic body launched 6,687 inspection campaigns and issued over 4,929 warnings with regarding to abandoned vehicles in the emirate. The move to remove the abandoned vehicles is aimed to keep the city clean, improve the general outlook and enhance safety and security. The municipality said all notifications affixed on abandoned vehicles […]

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BAGHDAD Iraq’s Prime Minister Haider al-Abadi said on Saturday an agreement had been reached with Turkey over an Iraqi demand that Turkish forces withdraw from the Bashiqa camp near Mosul in the north of the country, Iraqi state TV reported. However, a joint communique issued after Abadi met his Turkish counterpart Binali Yildirim in Baghdad did not refer to any such deal, but said both sides stressed […]

This year will doubtless throw up even more global-­scale curveballs than the tumultuous previous 12 months. But whatever happens, at least there’s solace to seek from some tantalising fresh metal due to roll out between now and the end of December. Here are seven debutants we’re keenly anticipating. newslide Alfa Romeo Stelvio The Italian serpent brand is the latest to join the SUV horde, but its new […]

Photo The Russian Olympic Committee headquarters and the Russian Athletics Federation office in Moscow. Credit Maxim Shipenkov/European Pressphoto Agency United States intelligence officials have determined that last year’s cyberattacks on the World Anti-Doping Agency originated with the Russian government, perpetrated in apparent retaliation for what President Vladimir V. Putin deemed to be an American-led effort to defame Russia for widespread doping. That conclusion was published Friday in […]

With Formula One such big business in Abu Dhabi, it shouldn’t be any surprise that the country’s first go-kart-racing school has arrived in the capital. Hosted by Al Forsan International Sports Resort, wannabe future F1 racers can learn invaluable advice to improve technical skills and increase confidence at the school. It offers a single class or a bundle of four, teaching future drivers all they need to […]

Dubai, UAE, 6 January 2017 Dubai Supreme Council of Energy (DSCE) held a press conference in Oman to promote the 3rd Emirates Energy Award (EEA 2017) that will be held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai under the theme ‘Innovative Solutions for Clean Energy’. The press conference held at Grand […]

Something remains very broken with the US labor market: while the unemployment rate remains just shy of the lowest print since August 2007, rising fractionally to 4.7%, wage growth for most workers, as reported earlier, rose just 2.5%, far below the 4.0% it was when the unemployment rate last hit 4.7%. This continues to vex economists who have vowed that if only one lowers the unemployment rate […]

With all eyes likely on wage growth indications in the subtext of tomorrow’s payrolls report (following The Fed Minutes’ comments on full employment), Goldman Sachs is forecasting a better-than-expected 0.3% rebound in average hourly earnings (helped by more favorable calendar effects) and a better-than-expected 180k payrolls print (albeit with a small rise in the unemployment rate). However, they are careful to note that any downside can be […]

Every big city has a sanctuary of sorts, a place where people can escape from the madness around them. New York has its famous Central Park; in London you can take your pick of Hyde, Regent’s, Green or St James’ parks – all greening up large parts of some of the world’s most expensive real estate. At the other end of the world, Auckland, the largest city […]

Impact craters expose the subsurface materials on the steep slopes of Mars. However, these slopes often experience rockfalls and debris avalanches that keep the surface clean of dust, revealing a variety of hues, like in this enhanced-color image from NASA’s Mars Reconnaissance Orbiter, representing different rock types. Source link

LG touched on hot themes at the 2017 Consumer Electronics Show, including robots, appliances equipped with artificial intelligence, and self-driving car technology LG Electronics showed off a “wallpaper” thin television and task-tending robots that learn, as a day packed with gadget unveilings got underway Wednesday in Las Vegas. As in years past, the South Korean consumer electronics giant staked out the opening slot in a day rich […]

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. Embedded plentifully during the presidential campaign, the press may now leave most consumers in the cold. I’d been talking to Merrill Brown, director of the School of Communication and Media at Montclair, New Jersey State University, about Megyn Kelly’s big […]

SINGAPORE Nearly 300 tonnes of oil spilled into the narrow strait separating Singapore and Malaysia after a collision between two container vessels, the Singapore Marine Port Authority (MPA) said on Wednesday. There were no reports of injuries and 12 anti-pollution craft had been sent to clean up the mid-sized oil spill, the MPA said in a statement. reut.rs/2j7am36 “Traffic in the East Johor Straits and Singapore’s port […]

ABU DHABI // More than 1,000 abandoned vehicles were seized last year as part of campaigns to improve the city’s appearance. Abu Dhabi Municipality said that 1,233 abandoned vehicles were seized and 4,929 warnings were given to owners, while more than 100 received fines for leaving their vehicles in public places. The campaigns targeted areas including Abu Dhabi city, Baniyas West and East, Shakhboot City, Shamkha, Shawamekh, […]

For a long time, no visitors were allowed in his hospital room; the burn unit was a sterile environment. But on the morning Miller’s arm was going to be amputated, just below the elbow, a dozen friends and family members packed into a 10-foot-long corridor between the burn unit and the elevator, just to catch a glimpse of him as he was rolled to surgery. “They all […]

03 January 2017 Dubai, UAE – HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received a high-level delegation from Kuwait National Petroleum Company (KNPC) at DEWA’s main office. The delegation was headed by Ahmad Al-Jemaz, Deputy Chief Executive Officer. The delegation included Dr. Suad Al-Radwan, Manager of Research & Technology at KNPC, Fahad Nouri, Manager of R&D at KNPC, Dr. […]

Seven months after the leak of 11.5 million documents from a law firm in an incident that has come to be known as the “Panama Papers”, the world is right to ask what has been done since to fight global tax evasion and promote financial transparency. As president of Panama, and in particular through my interactions with the international community, it is clear that the affair shined […]

BEIJING The Chinese capital was on the second-highest orange smog alert in the depth of winter on Tuesday as city officials said the air quality was improving overall, citing data for the whole of last year. Over the new year holiday, hundreds of flights were canceled and highways closed across northern China as average concentrations of small breathable particles known as PM2.5 soared above 500 micrograms per […]

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