Bank of Queensland (BoQ) has announced its results for the first half of the 2017 financial year, reporting a 6 percent year-on-year drop in statutory net profit after tax to AU$161 million. Interim cash earnings after tax for the six-month period came in at AU$175 million, down 2 percent on the prior corresponding period. For the six months to February 28, 2017, BoQ reported AU$252 million in […]
TOKYO Asian shares edged up to near their highest in two years on Thursday, while the dollar benefited from waning expectations that the European Central Bank was poised to end its easy policy. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was 0.2 percent higher in early trade, pushing against its loftiest levels since June 2015. Japan’s Nikkei stock index .N225 was down 0.2 percent, while […]
Authored by Brandon Smith via Alt-Market.com, The general public truly lives in two separate worlds. We have the world of the mainstream media, popular culture and political rhetoric; a world which constantly and desperately seeks to twist or destroy any legitimate measure of reality, leading people into a frenzied fog. Then, we have the world of concrete facts; an ugly, brutal world that upsets many people […]
JERUSALEM Israel said on Wednesday it would cut a further $2 million (£1.61 million) from its already reduced contribution this year to the United Nations in protest at resolutions taken against it at the world body’s various forums. Prime Minister Benjamin Netanyahu, who also holds the post of foreign minister, instructed the ministry to cut the funds and use the money as aid for developing countries who […]
Managing containers isn’t easy. That’s where such programs as Docker swarm mode, Kubernetes, and Mesosphere can make or break your containers initiatives. Perhaps the most popular of these, Kubernetes, has a new release, Kubernetes 1.6, that expands its reach by 50 percent to 5,000 node clusters. Conservatively, that means Kubernetes can manage 25,000 Docker containers at once. The latest Kubernetes makes managing huge numbers of containers easier […]
If you’re like me, you’ve been building presentations for years. You probably started out making standard (4:3) size decks. These days, there is increasing demand for widescreen (16:9) decks. Different projects and clients demand different size decks. Sometimes it’s easy to mess up on a widescreen project, and build a deck in the standard size, the way you’ve been accustomed to doing it since the days of […]
In a country that is becoming increasingly modern and globalised, there is a renewed focus on what it means to be Emirati and what can be done to preserve local heritage. This weekend, the courtyard of Al Ain Palace will be transformed into a traditional market, with food stalls and demonstrations of traditional medicine practices, such as hijama and tajbeer splinting, for the campaign “My Heritage, My […]
When Charles Li was asked last week about the recent wild gyrations of some stocks in Hong Kong, the head of the Hong Kong Exchange compared the market to a city that is reasonably well-run but has “a few dark alleys and little corners”. “We all need to relax,” he added. “This is a great market. You don’t want the regulator to solve all your problems.” Investors […]
By Elizabeth Piper | LONDON LONDON After nine months of preparation, bitter public argument and a battle with parliament, British Prime Minister Theresa May is launching talks with the European Union armed with a plan she hopes will secure a better divorce deal than many expect. But what is it? Although May has published a policy document outlining a 12-point approach to the talks that will reshape […]
LONDON Britain’s financial sector is drawing up proposals on how it could still serve EU clients after Brexit, even as firms begin establishing new operations on the continent to keep access to the European market. Regulatory and banking experts working for the City of London and lobby group TheCityUK are basing their ideas on a ‘mutual recognition’ system. Under this, the European Union and Britain would broadly […]
By Ali Sawafta and Suleiman Al-Khalidi | DEAD SEA, Jordan/AMMAN DEAD SEA, Jordan/AMMAN Arab leaders reaffirmed on Wednesday their commitment to a two-state solution to the decades-long Arab-Israeli conflict amid increased unease over the stance of the United States under the new administration of President Donald Trump. Trump rattled Arab and European leaders in February by indicating he was open to a one-state solution, upending a position […]
Bloomberg suffered its second-ever drop in the number of ubiquitous terminals dotting global trading desks as it fell victim to cost cutting by the finance industry. The number of Bloomberg’s distinctive black terminals, used daily by bankers, traders and money managers, fell by 3,145 last year to just under 324,500, down nearly 1 per cent from 2015, according to a report on Tuesday from Burton-Taylor International, one […]
By Guy Faulconbridge and Elizabeth Piper | LONDON LONDON Prime Minister Theresa May will file formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the endurance of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk in a letter that the UK really is quitting […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
Overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses, signalling their growing concern as the UK prepares to start the formal process of leaving the EU. Forty European business lobbies, representing 20m companies in 34 countries, issued a statement calling for a post-Brexit settlement which would preserve the integrity of the single market, deliver […]
By Valerie Volcovici and Jeff Mason | WASHINGTON WASHINGTON President Donald Trump on Tuesday signed an order to undo Obama-era regulations to curb climate change, keeping a campaign promise to support the coal industry while calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners, Trump enacted his “Energy Independence” executive order at the Environmental Protection Agency. A coalition of […]
After the biggest downturn in a generation, there are reasons to think the worst of the commodities slump might be over. The Financial Times’s Commodities Global Summit began on Tuesday in Lausanne, Switzerland. Here are the main talking points from the first day. There was no shortage of talk on Opec, which in November agreed its first reduction in supply in almost a decade. Executives from some of the world’s […]
The House intelligence committee cancelled a hearing on alleged ties between the Trump campaign and Russia after administration officials reportedly told an Obama-era appointee that she could not testify about conversations she had concerning Michael Flynn, who was fired as White House national security adviser. Sally Yates, the acting attorney-general early in the Trump administration, was due to testify before the committee on Tuesday. But the White […]
Telstra has announced that it will be launching a new suite of managed security services and two new cybersecurity centres in Melbourne and Sydney. According to Neil Campbell, Telstra’s director of Security Solutions, the offerings will be ready for customers by July 19, with the aim to make the cybersecurity challenge easier for organisations to deal with. “We’re taking this opportunity to rethink and reinvent really our […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
Tencent Holdings has forked out US$1.78 billion for a 5 percent stake in Tesla, according to a document filed with the US Securities and Exchange Commission (SEC). The announcement came days after the US electric car maker said it was looking to raise funds to scale its business and bring to market its US$35,000-priced Model 3. The company said it expected to secure more than US$1 billion […]
Cuban president Raúl Castro is preparing to step down next year, Venezuela has cut millions of dollars in aid and Donald Trump’s election has cast a shadow over the nascent US-Cuba detente. Unnerved by the changes, Havana’s domestic reform drive has ground to a halt as the Communist party battens down the hatches. Marino Murillo, the senior official leading Cuba’s reforms, has not been heard in public […]
Patient experience at the forefront as the UAE healthcare market continues to grow 28 March 2017 Abu Dhabi – The UAE healthcare market is estimated to reach Dh71.56 billion by 2020, achieving an annual average growth of 12.7 per cent, marginally higher than the GCC growth average, propelled by medical tourism and a higher than ever demand for new facilities & technologies. With its vision to develop […]
Dawn is the time to see Angkor Wat. Waiting in the dark as the exquisite 11th-century temple is conjured out of the Cambodian jungle feels ridiculously thrilling. As the sun rises above the tall, minutely carved, lotus-like towers, and the ornate magnificence of the buildings is reflected in the great ornamental lakes, you get a sense of how 19th-century French explorer Henri Mouhot must have felt when […]
