Ambitious dealmaking can spell pain for corporate bond investors. Unilever’s bondholders were offered a reminder of that on Friday as prices for the Anglo-Dutch consumer group’s debt fell after the company rejected a $143bn takeover approach from US rival Kraft Heinz. Bonds that were sold only last week by Unilever dropped, with half the €1.2bn issue sliding 2 per cent to 98.37 cents on the euro, leaving […]
Deleted your Yahoo account? Think again. Several Yahoo users, who last year decided to leave the service, told us that their accounts remained open for weeks or months after the company said they would be closed. News broke in September of a massive state-sponsored cyberattack that led to the theft of 500 million records — then thought to be the largest theft of records in history. That […]
This market reminds us of this…“none shall fall” Gold remains 2017’s biggest gainer, oil is down, bonds flat and the panic bid this week dragged The Dow higher… After 6 straight intraday ramps in the S&P 500, the last two days – since Catalyst stopped its forced covering – have seen the character of the market shift notably… On the week, Nasdaq was the […]
Smart Tissue Autonomous Robot (STAR), developed by the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Health System, performed the first supervised autonomous robotic soft tissue surgery on a live subject in May 2016. Credit: The Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Health System The cutting-edge biocompatible near-infrared 3D tracking system used to guide the suturing in the first smart tissue […]
Part of a poster issued by the British tax authorities to counter offshore tax evasion in 2014. PHOTO: H.M. Revenue & Customs Through the Panama Papers released at the beginning of last year, the offshore tax haven activity of the national elites were seen in the full light of day by citizens. The reverse engineering of the internal database of one of the world’s leading offshore money […]
BERLIN A talking doll named Cayla has been banned by German authorities because the software inside her could be hacked, posing a security risk and allowing personal data to be revealed. The Federal Network Agency recommended that parents who bought the doll for their children destroy it. “The Cayla doll is banned in Germany,” agency head Jochen Homann said. “This is also about protecting the weakest members […]
Critically acclaimed Cities: Skylines is calling the Xbox One its home pretty soon. Cities: Skylines publisher Paradox Interactive broke the good news in its official website. Xbox One owners will have the chance to recreate the hit Windows city-building game experience in their home consoles. The game is set for release this Spring 2017. Sky-High With Features Paradox Interactive released the details in its official Cities: Skylines website. The Xbox One port comes […]
Mondelez shares dropped 5 per cent in early trading on Friday after Kraft Heinz’s approach for Unilever lessened the odds that the US group would be an acquisition target. Speculation of a potential take-over by Kraft of Mondelez was a “key factor supporting multiples for the group at such a high level,” said Stifel Nicolaus analyst Christopher Growe. “While this potential transaction (between Kraft and Unilever) does […]
Photo A scene from the documentary “The White Helmets.” Credit Shorts HD The Syrian stars of two Oscar-nominated films will travel to the Academy Awards after all, representatives said, now that President Trump’s travel ban has been lifted. Raed Saleh — the leader of a Syrian civilian rescue group and a subject of the documentary short that bears the group’s name, “The White Helmets” — will be […]
The shares of several competing food producers were under pressure on Friday after Kraft Heinz approached Unilever to propose a $143bn takeover. Mondelez, Kellogg, General Mills and Campbell Soup are all seen as potential buyout targets for Kraft, said Christopher Growe, analyst at Stifel Nicolaus. “While this potential transaction does not count out a future acquisition of these businesses, it certainly delays the potential at least a […]
A team of researchers has developed a new computer-assisted recognition system that can identify individual lemurs in the wild by their facial characteristics and ultimately help to build a database for long-term research on lemur species. (via WSJ)
Current economic conditions around the world provide a good foundation for growth. But unprecedented levels of market uncertainty mean that organizations have to be ready to change strategy faster than ever before. Growth around the world In the US, President Donald Trump has inherited an economy with strong fundamentals: low inflation, and the lowest unemployment rate since 2007. He has promised a pro-business economic agenda with lower […]
Estimated failure rates from single event upsets at the transistor, integrated circuit and device level for the last three semiconductor architectures. Credit: Bharat Bhuva, Vanderbilt University You may not realize it but alien subatomic particles raining down from outer space are wreaking low-grade havoc on your smartphones, computers and other personal electronic devices. When your computer crashes and you get the dreaded blue screen or your smartphone […]
By Yashaswini Swamynathan U.S. stocks were set to open lower on Friday, after a record-setting few days on Wall Street, as investors await clarity on economic policy and ahead of a long weekend. The S&P 500 has risen about 5 percent so far in 2017, with the Dow Jones Industrial Average up 4 percent, mainly on signs of an improving economy and promises by President Donald Trump […]
“Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism — even before tax plan rollout!” Donald Trump tweeted this week. It is a statement that goes beyond the president’s usual rhetoric. Indeed, Wall Street had a record-setting week that included the four key US stock benchmarks — the S&P 500, the Dow Jones Industrial Average, the Nasdaq Composite and the […]
Amazon Echo: Now with Outlook.com calendars. Users of Amazon’s Echo smart speaker can now set Outlook as a default calendar for the Alexa service to access. Outlook users can set Microsoft’s web-based calendar as the default option for their Amazon Echo and other Alexa-powered devices: Microsoft said this includes accounts with email addresses ending in @outlook.com, @hotmail.com and @live.com. 10 steps How to secure your IoT deployment […]
A new technique using liquid metals to create integrated circuits that are atoms thick could shape the future of electronics, according to research led by RMIT. The technique, which can produce large electronic wafers around 1.5 nanometres in depth, was developed by researchers from RMIT, Monash University, North Carolina State University, and the Commonwealth Scientific and Industrial Research Organisation (CSIRO). Benjamin Carey, a researcher with RMIT and […]
Last Updated On 16 February,2017 03:02 pm The bench has directed to bring comprehensive record of Hudaibiya Paper Mills. ISLAMABAD (Dunya News) – Supreme Court (SC) on Thursday has adjourned the Panama Leaks hearing till Tuesday and summoned Chairman National Accountability Bureau (NAB) and Chairman Federal Board of Revenue (FBR). A five-member larger bench headed by Justice Asif Saeed Khosa conducted the hearing. Other judges in the […]
Donald Trump is trying to persuade his preferred candidate to succeed Michael Flynn as national security adviser to change his mind after the retired admiral tapped for the role told the US president that he could not accept the White House position, according to two people familiar with the situation. Mr Trump asked Robert Harward, a retired navy special forces officer, to succeed Mr Flynn, who was […]
Photo Shamsuldeen Ahmed Saed and Haitham Younis Wahab rigging a small water pump in the Rashidiya neighborhood of Mosul, Iraq. Credit Ben C. Solomon/The New York Times MOSUL, Iraq — The water taps are dry in Rashidiya. The water and sewage system collapsed in this eastern Mosul neighborhood after 100 days of street combat. On Sunday, Haitham Younis Wahab and his neighbor Shamsuldeen Ahmed Saed decided to […]
The four major US stock benchmarks snapped their longest record setting streak since 1995 on Thursday. The S&P 500 closed 0.1 per cent lower at 2,347.22, while the Dow Jones Industrial Average ended the day little changed at 20,620.04. Meanwhile, the Nasdaq Composite slid 0.1 per cent to 5,814.90, while the Russell 2000, the benchmark index for US small cap stocks, fell 0.5 per cent to 1,397.18. […]
The Australian government has announced the signing of a treaty-level Science, Research, and Innovation Cooperation Agreement with the New Zealand government. As part of the agreement, Australia and New Zealand will work together to tackle chronic disease, advance general health care, and improve the accuracy and availability of GPS signals, said recently appointed Minister for Industry, Innovation and Science, Senator Arthur Sinodinos. “This is the first treaty […]
In an effort to make big data analytics more accessible for the sports industry, researchers have utilized IoT devices — low-cost sensors and radios — that can be embedded into sports equipment (e.g., balls, rackets, and shoes), as well as in wearable devices. (via WSJ)
There was predictable consternation in Beijing and among foreign policy experts in Washington. They fretted that Mr. Trump was recklessly undoing the landmark China diplomacy of Richard M. Nixon and Mao Zedong — fears that were misplaced, it turned out. Continue reading the main story Last week, Mr. Trump telephoned President Xi Jinping and promised to abide by “one China,” having discovered that Mr. Xi was not […]
