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NAND flash memory SK Hynix will invest 2.2 trillion won ($1.8 billion) to build a new fabrication facility that produces NAND flash memory in its factory in Cheongju, South Korea, the company announced. The world’s second largest memory chip maker will also put additional investment into its counterpart in Wuxi, China, which mostly produces dynamic random-access memory (DRAM), to meet rising demand from local customers there. The […]

According to the Facebook page, Mrs. Elyakim was originally from Haifa, attended Galilee High School in Tiberias and studied at Ohalo College, which trains teachers. In August 2009, she posted a series of pictures from Berlin, including shots of the Brandenburg Gate, the Reichstag, remnants of the Berlin Wall and an old Allied checkpoint, although those images evidently came from a previous winter, since some included Christmas […]

The pound stumbled towards Christmas, falling for the fourth consecutive day against the euro reflecting investors’ concerns about the UK’s economic prospects in 2017. Sterling was half a per cent weaker against the euro on Thursday, pushing it a two-week low of €1.1780. Against the dollar, the pound hovered just above $1.23, its lowest level since November 23. Over the past two weeks the pound has fallen […]

WASHINGTON The U.S. Department of Homeland Security said on Thursday it is canceling an inactive registry program for visitors from countries where extremist groups are operating, a plan similar to a Muslim registry considered by President-elect Donald Trump. The National Security Entry-Exit Registration Systems program, known as NSEERS, was suspended in 2011, DHS spokesman Neema Hakim said in a statement. He said the program was determined to […]

In the summer of 2015, I left Washington, D.C. and moved to Carrboro, population 19,582, in the middle of North Carolina. I had never lived in the South before, or in a small town. Most of my life had been spent along the Acela corridor, in Philadelphia and New York and Boston and Hartford, Connecticut. I thought we would stay a year, maybe two. This summer, we […]

Two illegal immigrants planning to enter the UAE by hiding in a truck have been arrested, according to a news report. Officials in Mezyad Customs Centre in Abu Dhabi pulled over an Arab truck driver and conducted a search. They found two people hiding in the spare tyre compartment, Khaleej Times reported. Mohammed Khadem Al Hameli, acting director of Abu Dhabi’s general administration of customs, said that […]

Law Blog rounds up the morning’s legal news: Repeal rejected: A bipartisan agreement to repeal North Carolina’s transgender bathroom law fell apart Wednesday, after Republican legislative leaders required a late addendum of a six-month “cooling-off” period for local policies that Democrats said was a violation of a hard-fought deal. [WSJ, Charlotte Observer] Goldman and 1MDB: Investigators are trying to determine whether Goldman Sachs had reason to suspect […]

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The stock market is an odd place. Red Hat, the leading Linux company, saw its third quarter of fiscal year 2017 grow by 18 percent year over year to $615 million. Up. Still, Wall Street had expected Red Hat to make $618.5 million — and the market immediately punished it with a 13.9-percent stock price drop. Red Hat headquarters presides over Linux’s first $2 billion company. I’ll […]

PANAMA CITY: From the Panama Papers to the impeachments of the presidents of Brazil and South Korea, 2016 was a year marked by corruption scandals and by rising public outrage over graft. The question is will that translate into a lasting demand for cleaner politics? “A new phenomenon” is being seen, said Jose Ugaz, a renowned Peruvian lawyer and the chairman of Transparency International, a Berlin-based anti-corruption […]

Uber wants to attract a million drivers in India over the next two years, a challenge in a country where many people are unfamiliar with smartphones or GPS. A Wall Street Journal article today explains how the company aims to reach its goal. Click above to watch one driver describe his Uber training. (via WSJ)

A Harvard-led study has found that elderly patients treated by female doctors while hospitalized were less likely to succumb to death within 30 days of their admission, or be readmitted 30 days after being discharged compared with those who were cared for by male doctors. Publishing their findings in JAMA Internal Medicine, Yusuke Tsugawa and colleagues estimated that if male doctors achieved the same results as their […]

ABU DHABI // Choosing to travel to the United States for his post-secondary education was a no-brainer for Saad Hamoodi. Not only would he be following in his father’s footsteps, but having studied in an American private school all his life, Mr Hamoodi was familiar and comfortable with the curriculum. “I graduated with the American system, so I’ve always been closer to that,” said the 26-year-old Emirati. […]

Google and Apple are the most valuable companies in the world, and undoubted winners from the smartphone boom. In their wake lies Nokia’s handset business, which was sold to Microsoft and later wound down. But, when it comes to defending themselves against the arsenal of patents Nokia built up in its years at the top, the US tech giants want the world to view them as victims […]

But talk around the house was more likely to involve the Dodgers or Bruins. Malcolm was a good athlete, a basketball player growing up and an avid tennis player until the end. He and Steve spent a lot of time at the high school hitting and fielding, and Malcolm sometimes joined Steve in the driveway. Continue reading the main story “He was a lefty and had a […]

After five grinding years of losses, commodities are set to end higher in 2016 and investors are staking out increasingly bold calls for the coming year. This reflects signs that the prolonged decline in markets such as oil and metals is finally having an effect. Cuts in capital spending by producers have begun to choke off supplies as global demand creeps higher. It might not be a […]

A study by RMIT University has found that around 2 million Australians are often risking data breaches by logging into internet banking and conducting other financial transactions on unsecured public Wi-Fi networks. In compiling its report [PDF] Practicing safe public Wi-Fi: Assessing and managing data-security risks, RMIT surveyed 1,200 adult Australians, asking explicitly what they do on public Wi-Fi networks, as well as what they know about […]

Dec 22, 2016 12:33 pm IST India’s business world has had its share of scandal and success this year and that has been reflected in headlines and during heated discussions on nightly news shows. From Cyrus Mistry’s unceremonious ousting as Tata Sons chairman to Vijay Mallya’s ongoing battle with Indian authorities from the U.K., there has been plenty to write and talk about. To quantify the business […]

UNITED NATIONS: A UN board of inquiry says it received reports that an attack on an aid convoy on the outskirts of Aleppo in September was “highly likely” to have been carried out by the Syrian air force but it was unable to reach a definitive conclusion.A summary of the board’s report released late Wednesday by Secretary-General Ban Ki-moon also said its members “did not have evidence […]

AP Images A new European Court of Justice ruling has made it more difficult for Britain to seal a major trade deal with the European Union post-Brexit. The European Court of Justice’s Advocate General Eleanor Sharpston published a legal opinion saying that all 38 national and regional parliaments, around five regional and linguistic parliaments in Belgium, and at least five upper chambers in Europe have to approve […]

2016 was fact-checking’s finest year [1]. No it wasn’t, it was the year of “post-truth” [2] — some preferred “post-fact” [3] — and fact-checking is a fool’s errand. The discussion about facts in journalism worldwide has rarely been as fractured and animated as it has been in 2016, so we collected 366 links, one for each day of the year, to try and make sense of what […]

The series of scattershot remarks has further unsettled a turbulent period in American foreign policy. It underscores Mr. Trump’s challenge in fashioning a coherent approach to the problems he will inherit in Asia, Europe and the Middle East, especially working with a team that consists of retired generals and an oil executive, few of whom have experience in the daily cascade of crises that confront every White […]

Thursday 08:10 GMT Overview European stock indices are slipping back, following Wall Street’s lacklustre lead as the Dow Jones Industrial Average moved further away from the 20,000-point milestone while the US dollar weakened, also cooling from its strong run. Hot topic European banking stocks are under scrutiny. It comes after news that Monte dei Paschi di Siena is to be rescued by the Italian state using a […]

Self-driving cars are rolling out much faster than expected, from Uber testing autonomous taxis in San Francisco to Google spinning off its self-driving car division into Waymo and partnering with Fiat-Chrysler. To Fiat, this likely looked like the fastest and best way to get up to speed, considering that rivals like Ford, Honda, and Toyota have a head start. It wasn’t always like […]

Iceland Of all the world leaders shamed over hidden wealth stashed offshore, none was more unfortunate than Sigmundur Davíð Gunnlaugsson. The hapless prime minister of Iceland was caught on camera desperately trying to work out how to explain the presence of his signature on the documents of Wintris Inc, a company in the British Virgin Islands that held shares in one of the country’s failed banks. As […]

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