Mr. Zaidan is a former bureau chief for Al Jazeera in Pakistan and one of the few journalists to interview Osama bin Laden before the Sept. 11, 2001, attacks. Continue reading the main story The men’s lawyers and Reprieve, a human rights group in Britain that filed the lawsuit, hope that it will force the government to not only to clarify the men’s status, but to divulge […]
US farmers have signalled plans to sow soyabeans across an area the size of Germany this year, an expanse that reflects the relentless rise of meat demand in China and other emerging economies. The record 89.5m acres (36.2m hectares) of soyabean fields would follow all-time high plantings in South America, the other leading grower of the oilseed. The harvest under way in Brazil is set to surpass […]
By Toby Sterling and Joshua Franklin | AMSTERDAM/ZURICH AMSTERDAM/ZURICH Swiss bank Credit Suisse (CSGN.S) has been dragged into yet more tax evasion and money laundering investigations, after a tip-off to Dutch prosecutors about tens of thousands of suspect accounts triggered raids in five countries. Coordinated raids began on Thursday in the Netherlands, Britain, Germany, France and Australia, the Dutch office for financial crimes prosecution (FIOD) said on […]
The titans of the commodities industry are daring to believe the worst is over but are braced for an increasingly uncertain outlook as “me-first” protectionist policies threaten to destabilise global trade. Those were two of the key themes to emerge from the sixth Financial Times Commodities Global Summit in Lausanne last week. The head of Cargill, the world’s biggest agricultural commodities merchant, called on the commodities industry […]
President Donald Trump said immunity should be offered to former national security adviser Michael Flynn in exchange for his congressional testimony in to Russian interference in the US election, an inquiry both men dismissed as a “witch hunt”. Mr Flynn’s lawyer on Thursday said the former general had offered to testify in the House and Senate intelligence committees’ hearings on Russia, only if he had reasonable assurances […]
LONDON Global food crises worsened significantly in 2016 and conditions look set to deteriorate further this year in some areas with an increasing risk of famine, a report said on Friday. “There is a high risk of famine in some areas of north-eastern Nigeria, Somalia, South Sudan and Yemen because of armed conflict, drought and macro-economic collapse,” the Food Security Information Network (FSIN) said. FSIN, which is […]
The UAE’s healthcare market is set to surge to more than AED103 billion ($28 billion) by 2021 – reperesenting 60 percent growth over the next five years, according to a report. Expected improvements in the quality of healthcare provision, together with rising demand for preventative care and digital medical services will help to fuel massive growth of the industry, the study by MENA Research Partners (MRP) said. […]
By Robin Emmott and Alastair Macdonald | VALLETTA/BRUSSELS VALLETTA/BRUSSELS The European Union offered Britain talks this year on a future free trade pact but made clear in negotiating guidelines issued on Friday that London must first agree to EU demands on the terms of Brexit. Those include paying tens of billions of euros and giving residence rights to some 3 million EU citizens in Britain, the proposed […]
Rackspace CEO Taylor Rhodes: “Amazon is a tornado.” Rackspace CEO Taylor Rhodes is disarmingly honest about the ride the company has been on in recent years. This is what happens, he says, “when the world’s largest bookseller comes into your industry.” It wasn’t Amazon’s bookselling ability that caused Rackspace headaches, of course, but its cloud computing division Amazon Web Services (AWS). Rackspace started out as web hosting […]
By Praveen Menon and James Pearson | KUALA LUMPUR KUALA LUMPUR Three North Koreans wanted for questioning in the murder of Kim Jong Nam, the estranged half-brother of their country’s leader were believed to be returning home with the coffin of the victim on Friday after Malaysia agreed a swap deal with the reclusive state. Photographs obtained by Reuters from Japan’s Kyodo news agency show Hyon Kwang […]
China’s factories stopped losing jobs in March for the first time in nearly five years as manufacturing activity grew at the fastest pace since 2012, according to an official gauge of the sector. The official purchasing managers’ index for China’s manufacturing sector came in at 51.8 in March, climbing further above the 50-point mark separating growth from contraction. But the biggest turnround came from a sub-index tracking […]
Leftist Salvadoran guerrillas, emboldened by the Marxist Sandinistas’ success in neighboring Nicaragua, had been trying to overthrow the country’s ruling junta. But Mr. Hinton was determined. He encapsulated his mission this way: “Save the economy, stop the violence, have the elections and ride into the sunset.” Continue reading the main story But after an election campaign in which fending off far-right candidates was at least as demanding […]
Australia’s National Broadband Network (NBN) will be outdated before the rollout is even complete thanks to the company using fibre-to-the-node (FttN) network technology, according to the Australian Capital Territory government. Speaking in a submission to the Joint Standing Committee on the National Broadband Network, the ACT government said NBN should be deploying fibre-to-the-premises (FttP) infrastructure, pointing out that this is the preferred technology in New Zealand, France, […]
By Cynthia Kim and Ju-min Park | SEOUL SEOUL A South Korean court on Friday approved a warrant to arrest ousted president Park Geun-hye, the country’s first democratically elected leader to be thrown out of office, on accusations of bribery and abuse of power. Park can be held in a cell for up to 20 days while she is investigated over allegations that she colluded with a […]
There ends a third and perhaps final attempt to unite the London Stock Exchange Group and Deutsche Börse. Do they remain independent or prizes for rivals? One supposed reason for the deal was that without it both the LSE and Deutsche Börse viewed themselves as takeover targets. Now we are about to see whether that is truly the case. There are only three other global operators with bigger equity […]
By Diego Oré and Andrew Cawthorne | CARACAS CARACAS Opposition leaders branded Venezuela’s socialist President Nicolas Maduro a “dictator” on Thursday after the Supreme Court took over the functions of Congress and pushed a lengthy political standoff to new heights. There was swift and widespread international condemnation of the de facto annulment of the National Assembly, where the opposition won a majority in late 2015 amid an […]
By Gayathree Ganesan and Sruthi Ramakrishnan The steep drop in Lululemon Athletica’s (LULU.O) stock price, following a sales warning that resulted from poor color choices in the company’s spring collection, turns the spotlight on slowing growth in the athleisure category pioneered by the Canadian yogawear retailer. Shares of rivals Nike Inc (NKE.N) and Under Armour (UAA.N) also were down on Thursday, raising questions of whether athletic leisure […]
By Maayan Lubell | JERUSALEM JERUSALEM Israel’s security cabinet on Thursday approved the building of the first new settlement in the occupied West Bank in two decades, even as Prime Minister Benjamin Netanyahu negotiates with Washington on a possible curb on settlement activity. The unanimous vote in favour of construction of the new settlement in an area called Emek Shilo came after Netanyahu earlier told reporters: “I […]
ZURICH The “political temperature” in the Balkans has risen significantly, Albanian Prime Minister Edi Rama told a Swiss newspaper, citing tensions in Macedonia over the country’s ethnic Albanian minority. Balkan states Albania, Macedonia, Serbia, Bosnia, Kosovo and Montenegro all hope to join the European Union, but political feuds, ethnic strife and lingering misgivings over the wars of the 1990s complicate this process. [nL5N1GY69H] Rama, the Socialist Party […]
LONDON Britain will tell Google, Facebook, Twitter, and Microsoft on Thursday to do more to stop extremists posting content on their platforms and using encrypted messaging services to plan attacks. Home Secretary Amber Rudd said on Sunday tech companies should stop offering a “secret place for terrorists to communicate”, after British parliament attacker Khalid Masood was widely reported to have sent encrypted messages moments before he killed […]
By Anthony Esposito | MEXICO CITY MEXICO CITY Mexico’s states are turning to Asia and beyond as some U.S. companies put investment plans on hold south of the border following President Donald Trump’s calls to bring jobs back home. A delegation of three Mexican state leaders, headed by the National Confederation of Governors (Conago), traveled to China this week to meet with business leaders and discuss investment […]
TOKYO Japan’s ruling party on Thursday urged Prime Minister Shinzo Abe’s government to consider acquiring the capability to hit enemy bases and to beef up missile defence, as North Korea defies U.N. sanctions with its nuclear and missile development. “North Korea’s provocations have reached a level where our country can by no means overlook them … We cannot afford to lose any time to bolster our ballistic […]
Authored by Konstantin Richter via Politico.eu, Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve heard that one before, too.) But let’s just suppose that, when the […]
In 2016, more than 4 billion records were leaked worldwide, exceeding the combined total from the two previous years, according to a report from IBM Security. In its IBM X-Force Threat Intelligence Index 2017, Big Blue explained the leaked documents comprised the usual credit cards, passwords, and personal health information, but also noted a shift in cybercriminal strategies, finding a number of significant breaches were related to […]
