In a potential boost to Prime Minister Narendra Modi’s “Make in India” initiative, tech giant Apple Inc. is nearing a deal with Taiwanese contract manufacturer Wistron Corp. to start making products in the southern state of Karnataka, a senior state official said. “The contractual agreement between the two companies is on the verge of being signed,” the Karnataka government official who has direct knowledge of the matter […]
European stocks and S&P futures rose modestly ahead of January US payrolls data, along with the dollar, while Asian shares dropped after China returned from a week-long holiday. Bonds slid, oil rose while the JGB intervened in the bond market to prevent a bond rout, in one of two major surprises during the Asian session. As reported last night, having closed at 0.109% yesterday the 10y JGB […]
The successor of Samsung Galaxy J7 (2016) – dubbed the Galaxy J7 92017) has been spotted on GFXBench, which offers a peek into the impending handset. This is not the first time, the smartphone has leaked online. The latest leak of the Galaxy J7 (2017) offer more insight into the handset. The listing on the benchmarking database reveals that Samsung Galaxy (J7 2017) carries the model number […]
Dr. Abushamma’s case was highlighted at a hearing in Federal District Court in Brooklyn on Thursday, where Judge Carol B. Amon extended until Feb. 21 the initial ruling — formally known as a stay of removal — issued last week by her colleague, Judge Ann M. Donnelly. Continue reading the main story Judge Amon will be presiding over the case and deciding on the legal issues underlying […]
Russia is to spend more than Rbs113bn ($1.9bn) during the next month in an effort to weaken the rouble, marking a reversal from the 2014 foreign exchange shock that forced it to intervene heavily to stop the currency falling too far. The country’s central bank will spend Rbs6.3bn a day on forex transactions from February 7 to March 6, the finance ministry said in a statement on […]
Samsung Electronics is discussing a battery supply deal with Japan’s Murata Manufacturing for batteries for its upcoming Galaxy S8, Nikkei reports. According to the report, Murata last July announced that it will acquire Sony’s battery operations, with the deal to be completed in April. Samsung was reportedly impressed with the performance and reliability of Sony’s lithium-ion batteries. The South Korean tech giant last month announced the findings […]
|By Arabian Post Staff| Etihad Aviation Group and Lufthansa German Airlines, part of Europe’s largest aviation group, today unveiled details of a new commercial partnership. The two airline groups have concluded a US $100 million global catering agreement and a Memorandum of Understanding (MoU) to cooperate in aircraft maintenance, repair and overhaul. Addressing a press conference today in Abu Dhabi, the chief executives of both airline groups spelled […]
The assault force, which also included elite troops from the United Arab Emirates, quickly found itself under intense fire from all sides — even from female combatants who unexpectedly took up weapons from assigned fighting positions — forcing the Americans to call in strikes from helicopter gunships and attack planes. Photo Sean Spicer, the White House press secretary, spoke during the daily news conference at the White […]
Passive investors could control over half of US stock and bond markets by 2021, according to Moody’s research — a trend that is illustrated by the strong start to this year for exchange traded funds. US actively-managed funds faced net outflows last year of $340bn as investors poured $505bn into passive products such as ETFs that track indices, according to data from Morningstar, a research service. The momentum […]
The Australian Competition and Consumer Commission (ACCC) has made the final decision to continue regulating wholesale ADSL internet services for the next five years during the migration of customers onto the National Broadband Network (NBN), saying it will help promote competition against Telstra’s continuing dominance. The regulation of ADSL is designed to ensure any-to-any connectivity and the long-term interests of end users (LTIE), encourage the economically efficient […]
Employees select and dispatch items in the huge Amazon ‘fulfilment centre’ warehouse.Image: Getty Images/oli scarff By Patrick Kulp2017-02-03 04:33:17 UTC Amazon just had its best holiday season ever, pulling in the highest quarterly sales in the company’s history and capping off a year in which it tripled profits from the previous one. Wall Street greeted this news with a definitive “meh.” The online shopping behemoth’s stock fell […]
The Australian Taxation Office (ATO) has suffered another setback to its systems restoration, announcing on Friday afternoon that it is not expecting service availability to its key applications before the weekend. “Due to an unforeseen complexity in the system restoration process, our services are unlikely to be available before close of business today,” the ATO said. “We fully acknowledge the significant impact this is having on our […]
There’s a whole lot of science — make that DNA changes — behind human height. A new large-scale international study has just found 83 new genetic variations that control height in humans. Of these, some influence adult height by over 2 centimeters or nearly 8/10 of an inch. This is an enormous discovery, according to researchers. “The genes affected by these genetic variations modulate, among other things, bone […]
Uber chief executive Travis Kalanick has quit President Donald Trump’s business advisory council on the eve of its first meeting, after mounting criticism from passengers and drivers angry over the president’s immigration order. The move will raise the stakes for other executives on the council, including leaders from Blackstone, IBM, GE, GM, Disney, Pepsi and Tesla. Several have already voiced concerns about the travel ban but none […]
Why haven’t more golfers breezed through the door that Geiberger cracked open? Why does there remain, as Phil Mickelson described it, “a Berlin Wall barrier” between a 60 and a 59? Geoff Ogilvy of Australia, a former United States Open champion, said: “Running is constant. A mile is always a mile, but every golf course is different, and the same golf course is different every day.” Ogilvy, […]
Friday 02.15 GMT Overview Asian markets retreated following another cautious session on Wall Street overnight. Investors have headed to the sidelines as they digest the Federal Reserve’s most recent policy meeting and await the closely watched US jobs report due later on Friday. Hot topic Central banks have been in focus this week. The Bank of Japan, Federal Reserve and Bank of England have all kept monetary […]
A number of agreements were signed as part of the UAE’s innovation and world-class health care agenda UAE, February 2, 2017 The Ministry of Health and Prevention (MOHAP) has announced that the Ministry’s participation this year has had a strong line up of innovative health services launched globally and regionally during its participation at the Arab Health Exhibition & Congress 2017, which was hailed by participants and […]
“96 million really wanting a job and they can’t get (it). You know that story. The real number — that’s the real number.” Donald Trump cited this highly misleading statistic in his first press conference after the election. It was a claim with scant evidence, but he said it anyway. But what if someone could stop a world leader during a speech and demand proof? It may […]
I recently wrote about an agenda to mitigate the threats of insecure devices on the Internet of Things. One of the requirements expressed in that agenda is “For every product sold, there is a way that security researchers can responsibly disclose vulnerabilities found”. In this post I want to reflect on the issue of responsible disclosure from the perspective of the Collaborative Security approach, how responsible security […]
Microsoft has filed a formal request for an exception to President Donald Trump’s ban on travel into the United States from seven countries, saying visa-holding students and workers who are “responsible known travellers with pressing needs” should be permitted to re-enter the nation under the sponsorship of US companies. Trump’s executive order — preventing travel into the US from Iran, Iraq, Syria, Sudan, Somalia, Yemen, and Libya […]
The war of words with Iran came just hours after news had emerged of a combative phone call that took place on Saturday between Mr. Trump and Australia’s prime minister, Malcolm Turnbull, when Mr. Turnbull pressed the president to honor an American agreement to accept 1,250 refugees from an Australian detention center. Continue reading the main story On Thursday morning, Mr. Trump told an audience at the […]
The rouble turned volatile as investors made sense of a tweak by the Trump administration to part of the US sanctions on Russia. The currency moved 1.7 per cent higher, trading at an 18-month high of RUB58.547, before quickly giving up most of that rise and falling back below the RUB59 level as investors parsed the decision. The changes in the sanctions appeared to re-authorised certain technology […]
Tableau published fourth quarter and end of year results after the bell on Thursday. The Seattle-based data visualization firm reported a net loss of $21.1 million, or 28 cents per share. Non-GAAP earnings were 26 cents per share on top of $250.7 million in revenue, up 24 percent year over year. Wall Street was expecting just 13 cents per share with revenue of $230.3 million. Tableau’s shares […]
Saudi Finance Minister Mohammed al-Jadaan said a government efficiency office created last year to review state projects has saved the kingdom 80 billion riyals ($21 billion) on costs, according to the ministry’s official Twitter account. Jadaan expects increased savings this year and in future years to have a positive impact on the kingdom’s finances and the ministry has set up a mechanism to reimburse contractors within 60 […]
