Some of the world’s biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. With some $6.5 trillion in assets, sovereign investors already account for 19 percent of capital committed to private equity, according to data from research firm Preqin. But mega-funds such as the Abu Dhabi Investment […]
So what can schools near roads do about their air quality? Closing a school’s doors and windows won’t keep traffic pollutants out (though that helps). Heavy-duty air filters — higher quality than the typical filters in schools — can substantially reduce what gets into the air the kids and teachers are breathing inside. Filters rated MERV 16, characterized as surgery-grade, have been installed in dozens of Southern […]
Salesforce added risk segmenting tools, patient targeting and lead conversion data to its Health Cloud, an effort expand the company’s footprint in an industry that accounts for 17.8 percent of U.S. Gross Domestic product. That statistic, via the Centers for Medicare and Medicaid Services, highlights how Salesforce is going after large verticals. Typically, the company’s offerings have been more horizontal with its Service Cloud, CRM and analytics […]
Finding out that the fiver in your wallet is worth thousands of pounds is a dream-come-true for some — but not everyone. A Northern Irish woman who discovered a rare £5 note worth £50,000 ($62,317) has given the note to charity because she says she has no use for the money. The note is one of just four ultra-rare notes worth £50,000 in circulation in the UK. […]
For President Trump, the designation debate is an election promise made good. He has made no bones about taking an approach to the Middle East that is narrowly focused on counterterrorism, and that plays to domestic supporters who view all Islamist movements — or even all Muslims — as potentially hostile. Continue reading the main story In much of the Middle East, though, the rapid pace and […]
Here we go again. The premium investors are demanding to hold French over German 10-year debt has hit a fresh post-eurozone crisis high today – exceeding 0.81 percentage points for the first time since August 2012. The yield gap has swollen to its highest in over four years this month, reflecting investor jitters about France’s upcoming and unpredictable presidential elections in three months’ time. France’s 10-year bond […]
An Abu Dhabi transport official has announced that drivers can challenge a parking ticket within 15 days of receiving it. The Integrated Transport Centre (ITC) at the Department of Municipal Affairs and Transport (DMAT) in Abu Dhabi said challenges to any parking tickets issued and be lodged with the Parking Division Grievance Committee (part of Mawaqif), providing the driver does so within at a period of 15 […]
PCLinuxOS 2017.02 KDE Desktop Image: J.A. Watson One of my oldest ‘friends’ in the world of Linux distributions is PCLinuxOS. I have watched it change over the years from a group of add-on packages for Mandake Linux to its own distribution, and seen it become one of the most solid, stable, and best community-supported distributions available today. I have seen the founder and primary moving force behind […]
In this Thursday, Jan. 26, 2017 photo, a driverless shuttle bus retraces its tracks while on display at the Riverside EpiCenter in Austell, Ga. Self-driving vehicles could begin tooling down a bustling Atlanta street full of cars, buses, bicyclists and college students, as the city vies with other communities nationwide to test the emerging technology. (AP Photo/David Goldman) Self-driving vehicles could begin tooling down a bustling Atlanta […]
LONDON Shares in Anglo-Dutch consumer goods group Unilever (ULVR.L) (UNc.AS) dropped 8 percent on Monday after U.S. rival Kraft Heinz Co (KHC.O) abruptly ditched its surprise $143 billion merger proposal. Backed by Warren Buffett and the private equity firm 3G, Kraft had wanted to buy Unilever to build a global consumer goods giant but its offer was flatly rejected on Friday by the maker of Lipton tea […]
Photo Defense Secretary Jim Mattis, left, with Col. Terry L. Anderson, the military attaché, in Munich on Thursday. Credit Sven Hoppe/DPA, via Agence France-Presse — Getty Images BAGHDAD — Defense Secretary Jim Mattis arrived in Baghdad on Monday, promising that, despite what President Trump said last month, the administration would not try to seize Iraq’s oil. Nor, he said, would the administration repay Iraqis who have worked […]
Chinese technology giant Huawei has opened a narrowband Internet of Things (NB-IoT) lab in Australia to provide research and development opportunities around applications, smart devices, and sensor networks. The lab is situated within James Cook University in Cairns, Queensland, with Huawei kitting it out with IoT technology and giving the university funding for research. Its positioning within northern Australia will see it focus on smart applications for […]
India’s government is allowing app developers to use its biometric database of more than a billion citizens as part of an initiative called “India Stack.” The developers can use customers’ fingerprint and iris scans to compare against records stored as part of the government’s vast biometric data-collection program, to create new ways to access insurance, banking, healthcare and employment. As outlined in a Wall Street Journal article, […]
By Rozanna Latiff | KUALA LUMPUR KUALA LUMPUR Footage from airport cameras purportedly showing the assault on the half-brother of the North Korean leader emerged on Monday as a row between Malaysia and North Korea escalated over the handling of the investigation into the killing of Kim Jong Nam. Malaysia recalled its envoy from Pyongyang and summoned North Korea’s ambassador in Kuala Lumpur, who again cast doubt […]
Newly appointed New South Wales Minister for Finance, Services and Property Victor Dominello has said he plans to bring his data-driven expertise to his new portfolio, rewarding government agencies with an “innovation bonus” if they move away from a silo-ridden approach to IT and service delivery. Speaking at the Gartner 2017 APAC Data & Analytics Summit in Sydney on Monday, Dominello said he had his eye on […]
Key to enhancing and diversifying its service offering in the domestic maritime industry 20 February 2017 Riyadh – Saudi Arabia – Bahri, a global leader in logistics and transportation, has opened a new office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundation to offer diverse shipping services to domestic customers. The new office, located in the central suburb of […]
SYDNEY Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar dithered in a tight range ahead of a busy week for Federal Reserve events. Turnover was light with U.S. markets closed for the Presidents Day holiday. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.1 percent and back toward a 19-month peak reached last […]
Monday 04:30 GMT Overview Stock markets across Asia were mostly higher though currencies struggled to make much headway in a subdued session. Hot topic The US market is closed on Monday for the President’s Day public holiday. On Friday the S&P 500 climbed 0.2 per cent to a record high, capping a week in which the FTSE All World index topped its previous record peak from May […]
New Zealand telecommunications providers Spark, 2degrees, and InternetNZ have filed proceedings with the High Court requesting a 36-hour delay on any merger to occur between Sky TV and Vodafone NZ. The merger is due to be decided by the regulator on Thursday, with the court proceedings set for Wednesday morning. A 36-hour delay would provide Vodafone NZ’s rivals with “breathing space” wherein they can examine and question […]
Under Manfred Galdes’ stewardship, the FIAU had started an investigation into the Panama Papers scandal The European Parliament’s Panama Papers committee has formally invited the former chief of the Financial Intelligence Analysis Unit to meet its MEPs in Malta next Monday. Under the stewardship of Manfred Galdes, the FIAU had investigated the Panama Papers scandal – which revealed that minister Konrad Mizzi and the Prime Minister’s chief […]
The fate of Munich’s Linux project is only part of the story of open source software. Image: Getty Images/iStockphoto After a nearly decade-long project to move away from Windows onto Linux, Munich has all but decided on a dramatic u-turn. It’s likely that, by 2021, the city council will start to replace PCs running LiMux (its custom version of Ubuntu) with Windows 10. Going back maybe 15 […]
Stock markets in the Middle East were mixed in modest trading volumes on Sunday with Saudi Arabia and Qatar outperforming because of support from the banking sector, while Egypt fell as the currency hit a three-month high. Two-thirds of the 12 listed banks on Saudi Arabia’s bourse gained, lifting the index 0.1 percent. Alawwal Bank added 2.7 percent, with most activity occurring in the last hour of […]
Following on from the excellent work carried out by my colleague, Steven J. Vaughan-Nichols, where he benchmarked browsers running on Windows 7 and Windows 10, I’ve taken a look at how well browsers run on macOS 10.12 “Sierra.” The Internet of Things 10 types of enterprise deployments As businesses continue to experiment with the Internet of Things, interesting use cases are emerging. Here are some of the […]
By Carl O’Donnell | NEW YORK NEW YORK U.S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc (ULVR.L), the companies said on Sunday, raising questions about whether Kraft could turn its focus to another target. Kraft had made a surprise offer for Unilever to build a global consumer goods behemoth that was flatly rejected on Friday by […]
