Traders are anticipating big swings in the pound, ratcheting up the cost of hedging against sterling volatility in preparation for fast-moving developments in the UK’s ever-more fractious relationship with the EU. Theresa May’s Brexit speech that she will deliver on Tuesday has already caused big shifts in the pound, following weekend media reports about its likely content. However, traders are now weighing up the impact of Donald […]
ISLAMABAD: Prime Minister’s Spokesman Musadik Malik Monday said that the premier has not sought any exemption from the Supreme Court. Addressing a news conference in Islamabad on Monday evening, Malik said that double standards in PTI Chief Imran Khan’s character can be gauged from the fact that during hearing of a case in past, he had adopted the stance that any matter prior to his election to […]
The family of an 18-year-old woman is fighting in court for access to a new tuberculosis drug that doctors say may be her only hope of survival, in a case that is being closely watched by TB experts and health workers in India and around the world. The family of the young woman, whose name her lawyer asked to keep confidential, filed a petition in Delhi’s High […]
Celebrity photographer Anthony Horth is using his most persuasive Australian charm and flattery to keep Paula, a Brazilian model, relaxed and smiling during their first shoot together. Paula looks a picture of elegance as she sits on a “wedding throne” at Emirates Palace, surrounded by white tulips and draped in more than US$4 million (Dh14.6m) of diamonds. But it is not the jewels that former Vogue photographer […]
South Korean prosecutors are seeking an arrest warrant for Samsung Electronics vice chairman Lee Jae-yong for his role in the bribery scandal involving the country’s president The request follows their quizzing of him on Friday, which lasted over 22 hours, over whether Samsung knowingly paid Choi Soon-shil, a close friend to President Park Geun-hye, bribes to have a controversial merger of its affiliates approved. The court will […]
The UAE is upskilling its population – and not only nationals. During a Federal National Council session on January 10, Minister of Human Resources and Emiratisation, Saqr Ghobash Saeed Ghobash, revealed the country is attempting to increase the number of “highly skilled” workers to 40 percent of the workforce by 2021. Currently, workers categorised in the top three skill levels, including executives and those with tertiary qualifications, […]
RIYADH Bahraini authorities on Sunday executed three Shi’ite Muslim men convicted of killing an Emirati police officer and two Bahraini policemen in a 2014 bomb attack, in a move likely to stoke protests in the restive Gulf island kingdom. The executions came less than a week after the country’s highest court confirmed the punishment against Abbas al-Samea, Sami Mushaima and Ali al-Singace, the first death sentences to […]
By Hader Glang ZAMBOANGA CITY, the Philippines President Rodrigo Duterte has insisted that no one could stop him from declaring martial law to preserve the nation if the situation in the Philippines becomes “virulent”. SunStar Philippines reported Sunday that Duterte said he was not eager about such a measure but was obligated to protect the Filipino people. “It’s my duty and I tell you now, if I […]
MANILA Philippine President Rodrigo Duterte has said he would impose martial law if the drug problem became “very virulent”, just a month after dismissing as “nonsense” any suggestion he might do so. Duterte has made a brutal war on drugs a central pillar of his administration since he took office in the middle of last year. Since July, more than 6,000 people have been killed in the […]
Before Donald Trump accused them of “getting away with murder”, the mood among pharmaceutical executives was buoyant as they gathered in San Francisco for the industry’s biggest annual gathering last week. Not even the torrential rain could damp their spirits as they darted between meetings with investors and presentations in the historic Westin St Francis hotel, the venue for the JPMorgan healthcare conference. The bull case was […]
14 January 2017 Abu Dhabi City Municipality – The Abu Dhabi City Municipality (ADM), in cooperation with strategic partners, is continuing its crackdown on illegal accommodation and occupancy of residential units governed by the laws and regulations applicable in Abu Dhabi emirate. Inspection campaigns continued to be run in Abu Dhabi within the geographical confines of the Municipality, targeting residential units, villas, ordinary houses, as well as […]
There is no guarantee that all will go according to plan, of course. Israel struggled for years to develop regulations to manage its newfound wealth. The international energy firms that Israel is now courting have other options in an evolving global market. And the politics of a new era, as President-elect Donald J. Trump encourages assertive Israeli action in Jerusalem and the West Bank, could kindle fresh […]
Minister Without Portfolio Konrad Mizzi. Photo: Chris Sant Fournier During the year just ended the Labour government continued to dig itself deeper into a culture of institutionalised corruption with persons occupying high government positions and those close to them partaking of the fruits of a corrupt system. A perfect example was the scandal revealed last year by leaked secret files where then health and energy minister Konrad Mizzi […]
I remember an epiphany of sorts I had one morning in Miami in 1991. I was in town as the national college football writer for the Chicago Tribune. A few years earlier, I was asked to participate in the Associated Press’ college football poll. Back then, there wasn’t a committee selecting four teams for a playoff. The national champion was determined by the AP media poll and […]
One response was violence. Where violence was ineffective or unacceptable, other forms of resistance had to suffice. Schools integrated spasmodically, often kicking and screaming in court. Workplaces often didn’t. Many white homeowners and landlords refused to sell or rent to families of color. In 1973 in New York, President Richard Nixon’s Department of Justice sued Donald Trump and his father for refusing to rent to black people. […]
That would be a significant bump from James’s recent releases, which have not been embraced by collectors. The LeBron 13, released in September 2015, has been especially disappointing to hard-core sneaker enthusiasts, with some deadstock models — unworn shoes in the original box and packaging — selling for less than the original $200 retail price on secondary markets. Continue reading the main story Whether the special release […]
ANKARA Two Chinese nationals of Uighur origin were arrested on Friday for suspected links to the mass shooting in an Istanbul night club on New Year’s Eve, state-run Anadolu agency said. Two suspects, Omar Asim and Abuliezi Abuduhamiti, who are Chinese citizens, were remanded in custody on charges of being members of an armed terrorist organisation, and aiding in 39 counts of murder. Turkish authorities last week […]
By Jonathan Stempel | NEW HAVEN, Conn. NEW HAVEN, Conn. A former Jefferies Group Inc bond trader being tried a second time for defrauding clients about prices of mortgage bonds should be convicted because he lied repeatedly to his own customers to boost profits, a U.S. prosecutor argued on Friday. Jesse Litvak, 42, was “motivated by greed,” and it was no excuse that other traders might have […]
Theresa May, the UK prime minister, bookended a volatile week for sterling, prompting a sharp rise in the cost of hedging against falls in the pound as she prepares to set out more information about her Brexit negotiating strategy. The pound rallied against the dollar on Friday, at one stage rising 0.6 per cent to regain the $1.22 mark. But traders are positioned for sterling to fall, […]
International investigators have said for the first time that they suspect President Bashar al-Assad and his brother are responsible for the use of chemical weapons in the Syrian conflict, according to a document seen by Reuters. A joint inquiry for the United Nations and global watchdog the Organisation for the Prohibition of Chemical Weapons (OPCW) had previously identified only military units and did not name any commanders […]
ISLAMABAD: A larger bench of the Supreme Court led by Justice Asif Saeed Khosa resumed hearing the Panama Leaks case, today. The Prime Minister’s lawyer Makhdoom Ali Khan presented evidence in the case, stataing that the Prime Minister could not be disqualified without a declaration from the court. Justice Asif Saeed Khosa remarked that the cases which the Prime Minister’s lawyer had referred to violated the Election Commission. […]
Below the street, in their dressing rooms, the Housewives breathed through the tension. They had lived their reality on camera and watched the results. They had heard their Housewife colleagues talk about their behavior in on-air interviews. And they had built within themselves a caldron of anger, resentment and oh, yeah?s to what they had seen. So as not to dilute their fury, so as not to […]
BUDAPEST A Hungarian camerawoman was sentenced to three years’ probation late on Thursday for kicking and tripping migrants fleeing police near the border with Serbia in September 2015, the news website Index.hu reported. Petra Laszlo was fired from her job at N1TV, a television station with nationalist sympathies, after video footage spread online appearing to show her kicking a girl and a young man. Index.hu reported late […]
By David Ingram and Nate Raymond | NEW YORK NEW YORK A scandal that could complicate the South Korean political ambitions of former U.N. Secretary-General Ban Ki-moon features an unlikely central character: a New York fashion designer whose wedding was broadcast on reality TV and who authorities said falsely touted ties to Middle Eastern royalty. Malcolm Harris, who has dubbed himself on social media the “curator of […]
