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 […]
Energy giant Qatar Petroleum is to launch a new project in the world’s biggest gas field, boosting its output by up to 10 percent, it said Monday. The state-owned firm’s chief Saad Al-Kaabi said it was ending a 12-year moratorium on new projects in the North Field, off the Gulf state’s northern coast. “Qatar Petroleum’s technical studies and assessment of the North Field have confirmed the potential […]
Apple is reportedly working on a premium TV bundle that could seriously disrupt the scene, rocking three premium U.S. networks – HBO, Showtime, and Starz – in the same package. A new report indicates that Apple is in talks with the three networks to deliver this premium TV bundle to viewers via iOS and Apple TV devices, which could be a real game changer. Why Apple’s Premium TV […]
Tesla, the upstart electric carmaker, surpassed US motor pioneer Ford in market value on Monday, as investors look to a future beyond the internal combustion engine. Shares of Tesla, founded in 2003, rose 7.3 per cent to a market capitalisation of $48.7bn, gliding past the 100-year-old Ford, whose shares fell 1.7 per cent after disappointing March sales results to a market value of $45.3bn. While it is symbolic for […]
The annual Cesco Week gathering for the global copper industry starts Monday in Santiago. For the first time in five years, attendees arriving in the Chilean capital can reflect on a copper price that is higher than at the previous year’s event. However, optimism that 2017 represents a turning point in the market should be tempered by the realisation that any sustained recovery in the copper price […]
Journalism has a trust problem. In the run-up to the 2016 election, a Gallup poll revealed Americans’ trust in the press had sunk to an all-time low, with just 32 percent surveyed they felt “a great deal” or “a fair amount” of trust in the mainstream media. Whether it’s criticism from the Trump administration, the failure of the media to correctly forecast the outcome of the 2016 […]
Investors face a test of nerve as the second quarter beckons. The rally in US stocks and the dollar sparked by the election of Donald Trump is looking stretched, amid doubts about the president’s ability to deliver fiscal stimulus for the economy that can justify lofty equity valuations. The shifting mood has spurred money into emerging markets and European stocks, with EM currencies enjoying a stellar March […]
By Guy Faulconbridge | LONDON LONDON Just days after Prime Minister Theresa May formally served the European Union with divorce papers, a powerful affliction appeared to strike some in Britain: Brexit fever. Amid a row with Spain and the EU over the status of Gibraltar, a former leader of May’s Conservative party, Michael Howard, even said she would be prepared to go to war to defend the […]
Somali pirates have seized an Indian vessel carrying 11 crew members, the ship’s owner said Monday, the third such hijacking in less than a month as piracy resurges in the country. The “Al Kausar” cargo ship was carrying items such as wheat and sugar from Dubai via Yemen to Somalia’s Bossaso port when it came under attack, owner Isaak Them told AFP. “The vessel was hijacked on […]
Monday 09:35 BST What you need to know ● Equities starting second quarter on the front foot● S&P 500 futures just 1.5 per cent off record and Euro Stoxx up 0.4 per cent ● Investors keeping a watch on national manufacturing surveys● Dollar little changed against peers and South African rand continues to slide● Brent and WTI crude hold above $50 a barrel, while gold soft——————- Hot […]
As aged care service providers come to terms with legislative changes that provide consumers with greater choice, Thomas Holt is forging ahead with its digital transformation initiative to improve the quality of life for residents, drive efficiencies for care workers, and differentiate itself in the market. Earlier this year, Alcatel-Lucent Enterprise announced it was providing Thomas Holt Aged Care with a network and communications infrastructure upgrade that […]
Since it first entered service with the Soviet army in 1948, the AK-47 and its derivatives have become the world’s most widely used assault rifles. As Statista’s Niall McCarty writes, in his book “AK47: The Story of The People’s Gun”, author Michael Hodges estimates that there are as many as 200 million Kalashnikov rifles in circulation, one for every 35 people on earth. Its popularity among soldiers, […]
The Australian Privacy Foundation (APF) has recommended that the Department of Human services (DHS) reform its automated debt recovery process and bring back the “human” involvement that was replaced with the new data-matching technology. In its submission [PDF] to the Senate Community Affairs References Committee, the APF noted several serious concerns about the automatic data matching system used by Centrelink, citing problems with relying on technology as […]
TOKYO Asian shares started the week on a steady footing on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was little changed in early trade while Japan’s Nikkei .N225 rose 0.1 percent. Ex-Japan Asia MSCI had gained 12.3 percent in the last […]
The global cyberwarfare scare washed ashore the British isles this weekend after UK nuclear power stations and airports were told to tighten defenses against terrorist attacks in the face of increased threats to electronic security systems, after intelligence agencies concluded terrorists could plant explosives in laptops and mobile phones that won’t be caught by normal security screenings. The Telegraph reports that British security services issued a series […]
Authored by Giulio Meotti via The Gatestone Institute, British multiculturalists are feeding Islamic fundamentalism. Muslims do not need to become the majority in the UK; they just need gradually to Islamize the most important cities. The change is already taking place. British personalities keep opening the door to introducing Islamic sharia law. One of the leading British judges, Sir James Munby, said that Christianity no longer influences […]
Dubai’s residential market contracted during the first quarter of 2017, with rental rates falling by an average of 1 percent quarter-on-quarter over the period, a new report reveals. CBRE’s latest Dubai Market View said the dip was driven by an increase in available housing options amid more constrained demand. Meanwhile, landlords are becoming increasingly flexible with rental rates and tenants are able to negotiate, CBRE added. Residential […]
Submitted by Wolf Richter of WolfStreet The Last time automakers tried this was in 2009! In a few days, automakers are going to report their new vehicle deliveries for March. TrueCar, Kelley Blue Book, and LMC Automotive are predicting total vehicle sales slightly above the flat-line compared to March a year ago, though sales were down year-over-year in both January and February. TrueCar forecasts an increase of […]
It can be a lonely business working outside a traditional office environment as a freelancer, independent professional or start-up entrepreneur. Given the costs associated with renting a commercial space, a popular option many choose in those circumstances is to build their empire from home. But while it can save money, this approach has downsides, not least when workers need quick access to a scanner, 3-D printer or […]
