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By Roberta Rampton | JAKARTA JAKARTA U.S. Vice President Mike Pence toured Southeast Asia’s largest mosque on Thursday during a visit to Indonesia, calling the Muslim-majority nation’s tradition of following a moderate form of Islam “an inspiration to the world”. Pence, an evangelical Christian, has sought to use his trip to soften some of the harsher edges of rhetoric about the Muslim world used by U.S. President […]

Oil prices levelled off on Thursday after they dropped more than $2 a barrel following publication of data by the US energy department showing a rise in American gasoline stockpiles for the first time since February. US benchmark West Texas Intermediate edged 14 cents higher to $50.58 a barrel in early European trading while the global Brent benchmark ticked 17 cents higher to $53.10 a barrel. The […]

Poland’s NC Cyber director Juliusz Brzostek: “Our role is to secure national assets, which means that we protect key services.” Image: Bogdanski/NC Cyber With the NIS directive on protecting national network and systems in place since last year, EU countries are now having to streamline their cybersecurity efforts. The directive requires them to set up computer security incident response teams (CSIRTs) and computer emergency response teams, or […]

Samsung Electronics has completed the development of its second-generation 10-nanometer process, the company said. The 10-nanometer Lower Power Plus (10LPP) increases performance by 10 percent and consumes 15 percent less power than its predecessor the 10-nanometer Lower Power Early (10LPE) process, the company added. Samsung began mass production of 10-nanometer processors, using the 10LPE process, last year in October. It used the process for its own System-on-a-Chip […]

In a lab deep within Tata Consultancy Services’ landscaped campus in the western Indian city of Pune, 16 recent graduates are experimenting with new technologies that are shaking up a flagship national industry. TCS, the largest of India’s powerful IT services companies, set up the lab 18 months ago to enable new starters to work on the “internet of things”, the field of connected machines and appliances that […]

By Eyanir Chinea and Anggy Polanco | CARACAS/SAN CRISTOBAL, Venezuela CARACAS/SAN CRISTOBAL, Venezuela Two Venezuelan students died on Wednesday after being shot during protests against unpopular leftist President Nicolas Maduro, increasing turmoil in the volatile nation amid a crippling economic crisis. Opposition supporters protested in Caracas and other cities in what they called “the mother of all marches,” denouncing Maduro for eroding democracy and plunging the oil-rich […]

Qualcomm beat Wall Street’s sales and profit forecasts for its second quarter as the mobile chipmaker’s performance was boosted by the launch of new smartphones including Samsung’s Galaxy S8. However, the company on Wednesday warned of greater uncertainty in its outlook for the next quarter because of its legal battle with Apple, some of whose contract manufacturers have withheld about $1bn in royalty payments to Qualcomm in […]

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Emirates will cut flights to five of US cities as demand deteriorated after US restrictions on travel and on-board electronics affecting Middle East carriers and passengers. The world’s biggest international airline will reduce capacity to Boston, Los Angeles, Seattle, Orlando and Fort Lauderdale in the coming weeks, the Dubai-based company said in a statement. Emirates will re-deploy the capacity to serve demand on other routes across its […]

With Venezuela holding a massive protest today dubbed the “Mother Of All Protests” to challenge the rule of president Maduro, who meanwhile has ordered the army into the streets, while summoning a counterprotests, violence seemed inevitable and moments ago Reuters reported that a young protester was shot in the Venezuelan capital of Caracas. #19Abril OTRO HERIDO MAS …víctima de la Represión del Dictador Colombiano en #Venezuela pic.twitter.com/Rz3fw8H2Eh […]

For the few who might not be familiar with the business, what’s the story behind Aldar? Aldar was founded just over a decade ago in 2005, and is now the leading real estate lifestyle developer in Abu Dhabi. Since we began, we have always pushed boundaries, resulting in some of Abu Dhabi’s most iconic real estate projects. Our business focuses on two main areas – real estate […]

KHAN SHEIKHUN: A suspected chemical attack killed at least 58 civilians in opposition-held northwestern Syria on Tuesday, a monitor said, prompting global outrage and calls for international action.The attack in the town of Khan Sheikhun also left dozens suffering respiratory problems and symptoms including vomiting, fainting and foaming at the mouth, the Britain-based Syrian Observatory for Human Rights said.Hours later, airstrikes hit a hospital in the town […]

By Ernest Scheyder | HOUSTON HOUSTON Nearly a century after Chevron Corp amassed the No. 2 stake in America’s largest oilfield, Chief Executive John Watson is hitting the accelerator on developing the company’s vast Permian Basin holdings. In an interview, Watson made clear his desire to put the West Texas to New Mexico expanse in the ranks of Chevron’s biggest ventures. That is a stark change from […]

Italian government bond prices were lower on Monday, as investors focused on signs of political sclerosis rather than economic data pointing to strength in manufacturing and a drop in the ranks of the unemployed. The difference between Italian 10-year sovereign bonds and the benchmark German Bund — a key measure of investor confidence as it shows the premium traders are demanding to buy Italian debt — hit […]

New York’s highest court on Tuesday rejected effort to challenge search warrants demanding information about hundreds of customers in connection with a Social Security fraud probe. As Law Blog earlier reported, New York City prosecutors obtained the warrants as part of a sweeping investigation into fraudulent Social Security disability claims, including claims submitted by retired […] (via WSJ)

According to a study by computer science researchers, few people know how their personal data are collected, used, shared and accessed. The new EU General Data Protection Regulation (GDPR), coming into effect in 2018, will include higher demands on the possibility for users to access their own personal information. (via WSJ)

By Scott DiSavino | NEW YORK NEW YORK Oil prices on Tuesday rose to a near one-month high as expectations of a drawdown in U.S. crude and product inventories outweighed news of higher Libyan production. Brent LCOc1 futures were up 91 cents, or 1.7 percent, at $54.03 a barrel by 11:27 a.m. EDT (1527 GMT). That pushed the global benchmark over its 100-day moving average, into overbought […]

Greek ministers and the country’s bailout monitors were on Tuesday trying to strike a deal on the pension and labour market reforms needed to unlock further financial aid. With the clock ticking down to more than €6bn in debt repayments that Athens must make in July, negotiators say an accord on the main elements of the policy package must be reached soon to stave off the risk […]

British Prime Minister Theresa May arrived in Saudi Arabia on Tuesday hoping to tap the oil-rich kingdom’s “immense potential” as she looks to secure post-Brexit investment and trade. May landed at a military airport in the Saudi capital, state news agency SPA said, coming from Jordan. Facing criticism at home and calls to raise rights issues with Saudi leaders, May insisted she had no problem talking about […]

Here is a selection of five charts that FT Markets believes are important signals for investors as the second quarter begins. 1. US equities How expensive does the US equity market look? This is perhaps the biggest question facing money managers. The answer is “very”, based on the S&P 500’s 12-month forward price-to-earnings ratio, divided by the current low level of Vix, or implied volatility, as the […]

Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Tuesday, April 4, 2017  The first Africa Renewable Energy Leaders’ Summit (ARELS) officially launched today at the Intercontinental Hotel in Nairobi. The two-day-long international conference organised by dmg events Middle East, […]

KINSHASA, Congo — On Oct. 4, 2016, Etienne Tshisekedi made his final address to a crowd gathered in the courtyard of his party’s headquarters. The longtime leader of the Democratic Republic of the Congo’s opposition was visibly frail, and the speech, slow and hesitant, lasted only three minutes. But the old man still managed to rev up his followers, many of whom strained to hear from the […]

CIUDAD JUAREZ, Mexico A Mexican newspaper in the border city of Ciudad Juarez is shutting down due to the risk of violence after a string of killings of reporters around the country, the paper’s owner said on Monday. “Norte” ran a headline that said “Adios” on the front page of its Sunday edition and its owner, Oscar Cantu, explained in a letter he was shutting the newspaper […]

UAE-based Rotana has signed an agreement with RSG International for a new five star hotel and serviced apartment project in Dubai. Named Sabah Rotana, the 54-storey, 534-room property located in Sufouh Gardens on Sheikh Zayed Road will be managed by Rotana on behalf of RSG International and is scheduled to open in the second quarter of 2020. The agreement was signed by Raj Sahni (Abu Sabah), owner […]

With a network of local stations that criss-cross the United States and a roster of hit podcasts to its name, NPR has big — and often separate — audiences on the radio and internet. NPR’s newest podcast, “Up First,” aims to reach the digital audience with a spin on a tried-and-true radio product. The 10-minute daily news podcast, which has been months in the making, is a hybrid […]

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