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 […]
The Victorian government is distributing AU$5 million across 15 telehealth projects to better connect patients in regional and rural areas to medical specialists across the state, Minister for Health Jill Hennessy announced on Tuesday. The projects will allow Alfred Health to provide online video consultations to burns, infectious disease, lung transplant, and HIV patients in regional and rural Victoria. Austin Health’s Victorian Respiratory Support Service and the […]
Tuesday 08:45 GMT What you need to know ● Markets recovering their poise after “Trump trade” wobble● S&P 500 futures higher and helping European to open on the front foot ● Energy stocks underpinning bourses as oil prices gain ground● Dollar steadies after sliding to four-month lows, Treasury yields nudge up● Gold prices ease back as haven flows dwindle——————- Hot topic Investors are rediscovering their risk appetite […]
Adriaane Pielou Holidaying on horseback is guaranteed to lift the spirits. The exhilaration you feel after spending time in the fresh air afforded by the countryside is enhanced by the fact that you can choose from a range of trips. Despite being a sporty kind of activity, a riding holiday can involve weeks crossing mountains and camping out each night. However, you can also choose undemanding meanders […]
To meet skyrocketing demand for electricity, African countries may have to triple their energy output by 2030. While hydropower and fossil fuel power plants are favored approaches in some quarters, a new assessment has found that wind and solar can be economically and environmentally competitive options and can contribute significantly to the rising demand. (via WSJ)
Workers who participated in a recent survey do not think that their employers offer the right collaboration tools for effective working with remote team members to solve complex business problems. Oblong Industries Over a third of respondents said they were ‘neutral’ about the collaboration at their organisation. Los Angeles based Oblong Industries company conducted live, one-on-one interviews with industry respondents. The survey was executed via iPads through […]
The location and energy potential, in terawatt hours, of eastern and southern African renewable resources (wind, solar photovoltaic and concentrating solar power). Credit: UC Berkeley As Africa gears up for a tripling of electricity demand by 2030, a new Berkeley study maps out a viable strategy for developing wind and solar power while simultaneously reducing the continent’s reliance on fossil fuels and lowering power plant construction costs. […]
A video-based social network with categories ranging from motor sports to singing has been launched in Dubai to encourage users to “rate, create and participate” in video content. HighlyRated.com was created by entrepreneurs Acer Jamal and Stefan Cudby following the rapid rise in demand for online video content. According to the co-founders, the idea came about when the duo found their friends posting videos on other social […]
Barclays Bank on Monday launched the first exchange traded fund in east Africa when it listed the Barclays NewGold ETF on the Nairobi stock exchange. The product is a cross-listing of the $1.4bn NewGold ETF that sits on the Johannesburg Stock Exchange in 2004 and is also publicly traded on five other African markets. Its initial size in Kenya will be Ks500m ($4.8m) with capacity for expanding […]
By Matt Spetalnick | WASHINGTON WASHINGTON Israeli Prime Minister Benjamin Netanyahu said on Monday he was committed to working with U.S. President Donald Trump to advance peace efforts with the Palestinians and with the broader Arab world. Netanyahu made the pledge in a speech to the largest U.S. pro-Israel lobbying group at a time when the Trump administration is seeking agreement with his right-wing government on limiting […]
MOSCOW The Kremlin on Monday rejected calls by the United States and the European Union to release opposition protesters detained during what it said were illegal demonstrations on Sunday and accused organisers of paying teenagers to attend. Police detained hundreds of protesters across Russia on Sunday, including opposition leader Alexei Navalny, after thousands took to the streets to demonstrate against corruption and demand the resignation of Prime […]
ABU DHABI // Significantly hotter summers with more sandstorms, higher humidity and more rain that could trigger flash-flooding are among the potential effects of climate change on the UAE. UAE Climate Change Risks and Resilience, a report published on Monday by Emirates Wildlife Society-WWF, suggests there could be an increase up to 3°C in temperatures during summer months and a 10 per cent humidity increase by […]
A couple of weeks ago we wrote several notes about German Chancellor Angela Merkel’s painfully awkward visit to the White House. After meeting in private, the pair sat down in the oval office for a brief press conference where you could cut the tension with a knife. At one point someone from the media asked for a handshake but the request was promptly ignored. “Can we get […]
The buzz phrase on the ground at Fashion Forward this season was that of ‘see now, buy now’. To debate the finer points of the trend, which allows customers to purchase collections straight after they debut on the runway, FFWD staged a panel discussion during its three-day stint at Dubai Design District, which ended on Saturday. Sharing their thoughts with a packed room of press, buyers and […]
26 March 2017 Dubai, UAE – Rotana, one of the leading hotel management companies in the Middle East, Africa, South Asia and Eastern Europe, today signed an agreement with RSG International, a UAE-based global conglomerate, with interests in the property development, automotive and industrial equipment sectors across the Middle East, North America and South Asia, for a new five star hotel and serviced apartment project in Dubai, […]
Last week saw the largest drop in aggregate Treasury short positions since Brexit. Ironicaly, while bond bears felt the squeeze, traders piled into Eurodollar shorts (increased rate-hike bets) sending the short-end’s positioning to record highs. Across the entire Treasury bond futures complex, shorts covered over 200,000 10-year-equivalent contracts (around $20 billion notional), but as is clear below, the net short – while the smallest since December 2nd […]
March 26, 2017 by: FT Confidential Research Government efforts to cool the Chinese housing market are not working. Despite an intensifying clampdown, more households expect prices to continue rising in the coming months, particularly in the richest cities that are the focus of the government’s campaign. Consumer sentiment towards real estate purchases has also spiked, probably in response to widespread coverage of the policy tightening. The clampdown […]
Hours before the Republicans’ healthcare overhaul was defeated on Friday, the US Treasury secretary was sounding an upbeat note about another element of President Donald Trump’s agenda — tax reform. Healthcare is complicated, Steven Mnuchin declared at an event in a Washington art gallery. Tax reform, he said, is much more straightforward. That bold assertion will be tested sooner than expected, as Mr Trump has signalled he […]
MyRepublic has said that retail service providers (RSPs) cannot offer gigabit-speed services on Australia’s National Broadband Network (NBN) for anything less than AU$300 thanks to the connectivity virtual circuit (CVC) charge. The comments came in response to NBN CEO Bill Morrow’s claims last month that consumers don’t need and wouldn’t use 1Gbps broadband, as evidenced by the fact that no RSPs have taken up NBN’s offer to […]
Advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or “knowledge-based” jobs. Just a few examples: self-driving technology may eliminate the need for […]
By Vladimir Soldatkin and Rania El Gamal | KUWAIT KUWAIT A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee “reports high level of conformity and recommends six-month extension”. But the final statement […]
After a week dominated by questions over whether Donald Trump will be able to push his economic agenda through Congress, here are the questions FT markets reporters are asking in the final trading week of March. Will investors keep faith in Trump’s ability to drive tax cuts? That is the question facing equity markets after the White House failed to muster the support needed in the House […]
By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, driven by the energy sector, bucking a slowdown in the broader economy. The Federal Reserve last week described business investment […]
HONG KONG Carrie Lam, who won an election to become Hong Kong’s first female chief executive on Sunday, is a former student activist who climbed the rungs of the civil service over 36 years, and a tough, capable and possibly divisive Beijing-backed leader. Lam, 59, most recently Hong Kong’s number two official, has to unify the Chinese-ruled city as public resentment swells at Beijing’s growing interference in […]
