By Nigel Stephenson | LONDON LONDON Global shares edged up on Tuesday, helped by gains in banks after Italy’s largest lender unveiled a 13 billion euro share issue, while the dollar held steady before a Federal Reserve meeting expected to deliver higher interest rates. UniCredit launched Italy’s biggest share issue to clean up its balance sheet and boost profitability in the latest move to strengthen the Italian […]
Algebris Investments, a London-based asset manager, is seeking to raise €1bn for a second fund aimed at Italy’s non-performing loans as investors’ interest in what’s been the Achilles heel of the country’s banking sector intensifies. The launch by Algebris, which has $6bn in assets under management, comes amid increased focus by foreign investors on the potential of Italy’s pile of €360bn of problem loans, of which €200bn […]
Oil spills could be cleaned up in the icy, rough waters of the Arctic with a chemically modified sawdust material that absorbs up to five times its weight in oil and stays afloat for at least four months. (via WSJ)
12 December 2016 The Roads and Transport Authority – Majdi Abu Zaid: The Roads and Transport Authority (RTA) has recently announced the formal operation of a solar-powered abra, considered the first of its kind in the Middle East. The introduction of this sophisticated abra, which is being deployed at Al Mamzar, follows several trial runs to verify the possibility of changing speed. The scheme is part of Dubai […]
A month ago, India asked more than 1.2 billion people to turn out their pockets and turn in their old bank notes, all in an effort to stamp out corruption and tax evasion. A colossal undertaking by any standard, the experiment has unfolded in ways that few nations’ administrators might have been able to predict. That has forced the Indian government to adapt, sometimes without warning, to […]
By Toni Clarke Dr. Scott Gottlieb, a partner at one of the world’s largest venture capital funds and a former deputy commissioner at the U.S. Food and Drug Administration, is being considered by President-elect Donald Trump to run the agency, according to sources close to the transition team. Gottlieb, 44, a venture partner at New Enterprise Associates and resident fellow at the American Enterprise Institute, a conservative […]
3D printing is often touted as a great tool for designers to test and refine their designs prior to manufacturing. But you can do a lot more with 3D printing, even with inexpensive home printers. For example, you can use a 3D printer to create and produce a replacement part for something you use every day. In my case, I made a replacement back cover for a […]
Punctuation helps a reader understand your story. Commas, periods, dashes and other marks convey the writer’s voice. They signal an emphasis or tone in language, as well as telling a reader when to stop or pause. Think of punctuation this way: The comma is a slight break in the thought of a sentence; the semicolon is a longer pause; and the dash represents an abrupt, dramatic turn. […]
Submitted by Michale Shedlock via MishTalk.com, The eurozone cannot survive without Italy. The serious problem at the moment is the Eurozone also cannot survive with Italy. Two of Italy’s three largest parties are anti-Euro. The only party in Italy that does support the euro is ex-prime minister Matteo Renzi’s Democratic Party. And with Renzi gone, there’s a huge risk the party splinters. Regardless, there are no likely […]
In Australia, over 137,390 animals once called pets are received annually by the RSPCA [PDF] alone, with rescue homes and animal shelters receiving surrendered animals faster than they can re-home those already in care. With few options other than euthanasia for those animals unable to be placed, self-taught coder John Bishop decided he needed to do something and launched Pet Rescue in 2003, an online service connecting […]
The recent deal to keep Carrier jobs in the United States is not at all unusual. It only received so much press because Trump made it a campaign issue and saw an opportunity to record a big early PR victory before he even took office. Government and corporations cooperate, negotiate deals, scratch each others backs, kickback ill-gotten gains, and function as a career advancement funnel for corrupt […]
It was a wild second half, made even wilder as the Eagles resorted to sideline tryouts for a new longsnapper after a series of injuries. Brent Celek, a tight end, was sent out for one attempt but his snap was fumbled by Donnie Jones resulting in a turnover on downs that Washington converted into a touchdown. Trey Burton, also a tight end, then got a shot and […]
By Patrick Markey | QARAQOSH, Iraq QARAQOSH, Iraq For decades, the Immaculate Conception Church in Qaraqosh was the heart of Iraq’s largest Christian town. After two years under Islamic State rule, it lies scarred and desecrated. In the church’s inner courtyard, Islamic State fighters set up a shooting range for target practice, leaving behind bullet-riddled female mannequins and hardboard figures when they were driven out. The yard’s […]
The Japan Aerospace Exploration Agency launched a spacecraft from the Tanegashima Space Center on Friday, Dec. 9 that carried a magnetic tether designed to move vast amounts of space junk from the Earth’s orbit. Help From 106-Year-Old Fishing Net Maker The magnetic tether made of steel wire and aluminum strands was made with the help of a fishing net company based in Japan, the 106-year-old Nitto Seimo […]
Patience and preparation are the key to a great deal. Buying a new PC or Mac is a major purchase, potentially costing $1500 or more. Top-of-the-line new designs like the Microsoft Surface Book and Apple’s MacBook Pro (2016) can easily approach a $3000 list price. But you don’t have to pay that sticker price. With a little preparation and some patience, you can save 30, 40, even […]
10 December 2016 Dubai, UAE: Dubai Electricity and Water Authority (DEWA) has reached financial closure for the 2,400MW Hassyan clean coal power project. The project uses the Independent Power Producer (IPP) procurement model on a Build Own Operate (BOO) basis and is supported by a 25-year Power Purchase Agreement (PPA) with DEWA. Last June, DEWA signed the PPA, Shareholders Agreement (SHA), and other project agreements with the […]
By Laila Bassam and John Davison | ALEPPO, Syria/BEIRUT ALEPPO, Syria/BEIRUT Syrian’s military and Russian warplanes bombarded rebel-held districts of Aleppo on Saturday as Damascus’s allies said victory was near, but insurgents fought back and army advances halted after rapid gains during the week. The United States said it was meeting a Russian team in Geneva to find a way to save lives, but an agreement looked […]
Published 10/12/2016 | 09:58 Share At least 45,000 displaced as rescue operations near end in Indonesia’s quake-stricken Aceh Independent.ie http://www.independent.ie/world-news/australasia/at-least-45000-displaced-as-rescue-operations-near-end-in-indonesias-quakestricken-aceh-35283388.html http://www.independent.ie/incoming/article35283366.ece/8d538/AUTOCROP/h342/indonesia021.jpg Muslims attend Friday prayers at Jami Quba mosque which collapsed during this week’s earthquake in Pidie Jaya, Aceh province, Indonesia December 9, 2016. REUTERS/Darren Whiteside Muslims attend Friday prayers at Jami Quba mosque which collapsed during this week’s earthquake in Pidie Jaya, Aceh province, Indonesia December […]
MANAMA Egypt’s Foreign Minister Sameh Shukri on Saturday hailed a “special relationship” with Saudi Arabia, denying reports that the two powerful Arab nations had fallen out after Egypt expressed support for the Russian intervention in Syria. Egypt voted in favour of a Russian-backed U.N. resolution on Syria in October that excluded calls to stop bombing Aleppo, which Saudi Arabia strongly opposed. The kingdom informed Egypt last month […]
Ghana re-established its reputation as one of Africa’s cleanest democracies on Friday when authorities proclaimed opposition leader Nana Akufo-Addo, 72, a British-educated lawyer and veteran statesman, as the next president. The victory by Mr Akufo-Addo’s centre New Patriotic party, after eight years of rule by the left-leaning National Democratic Congress, triggered wild celebrations across much of the country. It follows the surprise electoral defeat last week of […]
The Dubai Land Department is cleaning out unscrupulous real estate agents and greedy landlords in a bid to polish the emirate’s reputation as a transparent property market attractive to investors across the world. In an exclusive interview with Arabian Business, Ali Abdulla Al Ali, director of the Dubai Land Department’s (DLD) real estate licensing division, says several new initiatives introduced this year are already showing benefits. Al […]
MANAMA The United States is sending 200 additional military personnel to Syria to help the campaign to drive the Islamic State militant group from Raqqa, U.S. Defense Secretary Ash Carter said on Saturday. Speaking in Bahrain at the Manama Dialogue conference on Middle East security, Carter said the 200, including special forces trainers, advisers and explosive ordnance disposal teams, would join 300 U.S. special force troops already […]
Yet Mr. McLaren suggested that the full extent of the cheating might never be known. “It is impossible to know just how deep and how far back this conspiracy goes,” he said on Friday, calling the “immutable facts” of his report clear but far from comprehensive. “For years, international sports competitions have unknowingly been hijacked by the Russians.” Continue reading the main story Mr. McLaren concluded last […]
By Steve Holland | GRAND RAPIDS, Mich. GRAND RAPIDS, Mich. Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump’s leading candidate for U.S. secretary of state, a senior transition official said. Trump met Tillerson on Tuesday and may talk to him again over the weekend, the official said. Trump appears to be in the final days of deliberations over his top […]
