Despite another turbulent few days in British politics, the pound is ending the week on a firmer footing. Sterling brushed off the latest bout of Brexit nerves and further worries about a break-up of the UK, closing near $1.24 on Friday. Its revival was aided by a dovish Federal Reserve and a hawkish Bank of England. However, there are still plenty of currency-watchers who see further trouble […]
Are you sick and tired of opening a new web page and being greeted by a loud, obnoxious advertisement? I sure am. Pop-up and pop-under ads were bad enough, but now it seems like I can hardly go to a site without having a video start up with a blaring voice braying about a great diet, deal, or the like. I’m looking at you, Facebook. It’s easy […]
By Julia Edwards Ainsley | WASHINGTON WASHINGTON The U.S. Justice Department is developing plans to temporarily reassign immigration judges from around the country to 12 cities to speed up deportations of illegal immigrants who have been charged with crimes, according to two administration officials. How many judges will be reassigned and when they will be sent is still under review, according to the officials, but the Justice […]
By Priceonomics Data Studio Each year, the State Department issues dozens of advisories with the intent of keeping Americans safe as they travel abroad. What countries are targeted by these advisories, and what risks do Americans face by visiting them? Are State Department advisories effective in keeping American travelers safe? We decided to investigate what are the most dangerous countries for American to visit as measured by […]
Brazilian outsourcing firm Stefanini IT Solutions has appointed a new chief executive for its operations in North America and Asia-Pacific. Former IBM head for global technology services Spencer Gracias will be leading the business for both regions, after joining the company as vice president in July 2016. Based at the firm’s Detroit offices, Gracias replaces Antonio Moreira, who had been leading Stefanini’s US presence since its launch […]
Titan, the biggest moon of Saturn, has frequently piqued the interest of NASA and is the subject of several studies and research. A new study funded by NASA, now sheds light on how the hydrocarbon lakes, as well seas on Titan may erupt with patches of bubbles occasionally. The Cassini spacecraft has shared that Titan’s composition of the lakes and seas, differs from place to place, with few […]
Havas, the French media agency, has joined the British government in pulling all of its digital ad spending from Google and YouTube in the UK, after it was revealed that government and corporate advertisements were being displayed alongside videos that advocate extremism. Havas, one of the world’s largest marketing groups, spends about £175m on digital advertising in the UK annually. It said it was also considering a […]
Photo Muslim pilgrims circled the Kaaba at the Grand Mosque in Mecca last year. Credit Nariman El-Mofty/Associated Press BEIRUT, Lebanon — Saudi Arabia said on Friday that Iranians would be able to participate in this year’s hajj pilgrimage to the holy cities of Mecca and Medina, a rare bright spot in relations between the two regional rivals. No Iranian pilgrims attended the hajj last year because of […]
Mulesoft, a software “unicorn”, gained 46 per cent in its trading debut in New York on Friday, the latest in a number of hot listings that are reviving the US market for initial public offerings. Mulesoft rose to $24.75 after pricing at $17, giving the IPO the best first-day “pop” this year, according to Dealogic. The performance follows recent first-day gains from Canada Goose, the maker of […]
Humans, especially Americans, are kind of slobs. We mess up the Earth by throwing out about 4.5 pounds of garbage per person on average every day. Two-thirds of that waste could be composted, but isn’t. And half of the rest of it could be recycled, according to research from the Duke Nicholas School of the Environment, corroborated by studies from the Global Footprint Network and others. Now, […]
Modcloth was founded in 2002 in Pittsburgh by Susan Koger. Walmart is buying Modcloth, an online retailer known for its vintage and geek-chic fashion designed to a range of female body types. Financial terms were not disclosed, but Walmart said it acquired Modcloth’s assets and operations and that the deal has already closed. Modcloth was founded in 2002 in Pittsburgh by Susan Koger, then a student at […]
Photo Egyptian workers excavate a statue in Cairo last week. The colossus, originally believed to represent Ramses II, is now thought to be a statue of Psamtik I. Credit Khaled Desouki/Agence France-Presse — Getty Images CAIRO — The pharaonic statue that was discovered in a Cairo slum last week, believed to depict to Ramses II, one of ancient Egypt’s best known rulers, most likely is of a […]
Markets do not have a clue how to handle political populism. They are still frightened of it, even though last year’s populist earthquakes in the UK and US are yet to have the drastic consequences that had been feared, and they cannot gauge its chances of success. This might yet create opportunities for those who can stomach some risk. This was a great week for European stocks, […]
Despite the surge in interest and sales of modern data discovery tools like SAP BusinessObjects Lumira and SAP BusinessObjects Cloud, corporations are still really, really interested in reporting. At the recent Gartner Data & Analytics event in Texas, Cindi Howson showed that descriptive analytics remains by far the most common type of analysis that companies do in the real world. Last year, Gartner redefined the BI and […]
Credit: Public Domain Slow wi-fi is a source of irritation that nearly everyone experiences. Wireless devices in the home consume ever more data, and it’s only growing, and congesting the wi-fi network. Researchers at Eindhoven University of Technology have come up with a surprising solution: a wireless network based on harmless infrared rays. The capacity is not only huge (more than 40Gbit/s per ray) but also there […]
HH Sheikha Manal: “The UAE’s success and experience qualifies the country to play an important role in shaping a new global roadmap for gender balance.” HE Mona Al Marri: “Through the Global Gender Circle initiative, we’re striving to provide new opportunities for international leaders and experts in gender equality to come together, develop innovative ideas and drive transformative change in achieving gender balance as well as bridging […]
Photo Some of the Somali migrants who died, in the Red Sea port of Al Hudaydah, Yemen, on Friday. Credit Abduljabbar Zeyad/Reuters SANA, Yemen — More than 30 Somali migrants in a vessel off Yemen were killed on Friday in what Yemeni security officials said was an airstrike by a Saudi-led military coalition. Joel Millman, a spokesman for the International Organization for Migration in Geneva, said that […]
Friday 13:30 GMT What you need to know ● Dollar index nudges up after hitting five-week low● Short term US bond yields inch higher● Global stocks at record as Wall St gains ground● Oil prices firmer after volatile week● Gold advances towards $1,230 an ounce——————- Hot topic Has the buck bounce run its course? The dollar index (DXY) — a measure of the greenback against a basket […]
Trump, presumably toasting his “great Irish friends”.Image: OLIVIER DOULIERY/POOL/EPA/REX/Shutterstock By Sam Haysom2017-03-17 13:15:42 UTC Despite their best efforts, Republicans’ attempts to embrace St. Patrick’s Day haven’t exactly gone down a storm. First there was Donald Trump’s green MAGA baseball cap, then there was his failed attempt to share an Irish proverb, and Thursday there was the not-exactly-positive response to Paul Ryan’s pint of Guinness. As expected, Trump […]
For Indian IT, the world has changed seemingly overnight. The biggest existential threat seems to be US President Donald Trump’s proposed immigration reform that could put substantial barriers to Indian IT being able to corner the market on skilled H-1B visas, thereby threatening the lucrative $75 billion or so that it collects in revenue from the US alone. Equally serious is the fact that the traditional outsourcing […]
Given the collapse of European VIX to record lows, one could be forgiven for thinking that there’s nothing to worry about. However, a one point jump in first-round support for French far-right presidential candidate Marine Le Pen has sparked a notable drop in EURUSD this morning. #presitrack 17/03 MLP 28% (+1)EM 25% (=)FF 20% (+1)BH 12% (-1)JLM 11% (-1)@LesEchos@ORPI_France@radioclassique https://t.co/BSF2m8vxkw pic.twitter.com/icAEaopK7I — OpinionWay (@opinionway) March 17, 2017 […]
BEIJING Even as Chinese Premier Li Keqiang pledges to ensure that blue skies never become a luxury, a state-backed firm is doing brisk business selling 48 yuan ($6.95) cans of fresh air bottled in a forest in western China. Each bottle is good for two minutes of uninterrupted use. From air-filter necklaces to anti-smog stockings, Chinese companies are touting innovative – if not odd – products to […]
By Umaru Fofana | FREETOWN FREETOWN A Christian pastor has found one of the world’s largest uncut diamonds – weighing 706 carats — in Sierra Leone’s eastern Kono region. The stone, a photograph of which was posted on the president’s official website, is being stored in the country’s central bank, government sources said. A local chief from Kono handed the stone to President Ernest Bai Koroma on […]
Qualcomm has announced that its Snapdragon branding will now apply only to premium processors, while those in the 200 tier will be relabelled under the new “Qualcomm Mobile” brand in an effort to differentiate their value — with the chip giant also moving away from processor branding towards “platforms”. “Moving forward, only premium mobile platforms will retain the Snapdragon brand, while processors in the 200 tier will […]
