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03 March 2017 Kuwait City, Kuwait: Ooredoo, Kuwait’s fastest network, attended a number of important meetings during the company delegation’s visit to the Mobile World Congress 2017 in Barcelona earlier this week. The company’s delegation, headed by CEO Sheikh Mohammed bin Abdullah Al Thani, included a number of the company’s senior managers and chief officers. During the visit, Ooredoo CEO and delegation visited Huawei’s pavilion, which displayed […]

SoleNet and Sure Telecom are prohibited from carrying on as a business or providing any telecommunications services for a period of two years, the Australian Federal Court ordered on Friday. In addition, the companies and their director James Harrison have been ordered to pay AU$250,000 in penalties. As of April 1, 2017, Harrison is also disqualified from managing corporations for three years. The Australian Competition and Consumer […]

BEIJING, Activity in China’s services sector expanded at the slowest pace in four months in February, with new business still growing at a solid rate but increasing competition making it harder for companies to raise prices, a private survey showed. The findings echoed a similar softening in growth in China’s official services activity survey released on Wednesday, and contrasted with an unexpected pick-up in growth in its […]

Software-defined storage (SDS) startup Hedvig has closed $21.5 million in a Series C round of funding, bringing the total amount raised by the Santa Clara, California-based startup to $52 million. Investors in the round include Singapore-based EDBI and Hewlett Packard Enterprise’s (HPE) VC arm Hewlett Packard Pathfinder, Atlantic Bridge Ventures, Oman Technology Fund, True Ventures, and Vertex Ventures. Launched in 2015, Hedvig provides SDS for enterprises building […]

By David Shepardson | WASHINGTON WASHINGTON The U.S. Transportation Department on Thursday proposed awarding 24 slot pairs at Mexico City’s Benito Juarez International Airport to Alaska Airlines, JetBlue Airways Corp (JBLU.O), Southwest Airlines Co (LUV.N), Volaris and Grupo Viva Aerobus SAB de CV. The tentative Mexico City allocations will result in new or additional low-fare service to 15 U.S. cities, including Chicago O’Hare, Denver, Houston Hobby, Los […]

GENEVA Syria’s warring sides both claimed U.N. peace talks in Geneva were going their way on Thursday, but the chief government negotiator and Syria’s ally Russia accused the main opposition delegation of trying to wreck the talks. Syrian government negotiator Bashar al-Ja’afari told reporters that he had discussed “substantive issues, particularly counter-terrorism” with U.N. mediator Staffan de Mistura, and would continue on Friday. The government delegation has […]

Photo Hosni Mubarak, the former president of Egypt, was taken back to a military hospital in Cairo on Thursday after a court session. Credit Mohamed Hossam/European Pressphoto Agency CAIRO — Egypt’s top appeals court cleared former President Hosni Mubarak of any responsibility for the killing of hundreds of people during the 2011 protests that ended his 30-year rule, sweeping away the final legal hurdle to Mr. Mubarak’s […]

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Interested in precious metals investing or storage? Contact us HERE          Written by Peter Diekmeyer (CLICK HERE FOR ORIGINAL)     Gold prices have surged (+8.57% EOD Wednesday) since January. However, one expert says that trend could continue. “Shrinking exploration budgets, a dearth of new high-quality deposits and the “fear trade” will provide continuing upside pressure as the year unfolds,” says Brent Cook, editor […]

Technology accelerates by leaps and bounds, which can only spell doom for most workers’ economic prospects. How long before a robot or algorithm can do your job, leading to mass “technological unemployment?” Machines are learning to master once-unthinkable tasks. Yet, even though our software can best us at Jeopardy! and our hardware has learned to run and jump, there’s still no consensus among economists that […]

By Lauren Hirsch | NEW YORK NEW YORK Snap Inc’s (SNAP.N) shares continued to defy doubts about the company’s early-stage business model and slowing user growth, jumping nearly 50 percent in their first day of trading on the New York Stock Exchange. The owner of the Snapchat messaging app raised $3.4 billion in its initial public offering on Wednesday night, more than the $3 billion Facebook (FB.O) […]

The US broke its long drought of hot technology initial public offerings on Thursday as shares in Snap soared more than 40 per cent in their market debut despite questions about corporate governance and profitability at the owner of vanishing messaging service Snapchat. A pack of traders huddled around the desk of Snap’s designated market maker for more than an hour after the opening bell at the […]

The Fitbit Blaze The wearables market is under constant scrutiny for its growth potential, but despite a few moments of uncertainty, 2016 turned out to be a blockbuster year for the category overall. According to the latest data from IDC, Wearable shipments globally hit an all-time high of 33.9 million units in Q4 2016, an increase of nearly 17 percent year over year. Shipments for the entire […]

Oman’s government has given itself breathing space from the pressure of financing a large budget deficit by selling $5 billion of international bonds, almost completing its entire foreign borrowing plan for 2017 in a single issue. Wednesday’s bond sale, in tranches of five, 10 and 30 years, was about double the size that most investors had expected and a huge amount for a country which returned to […]

The Bank of Japan published detailed schedules of planned asset purchases for the first time on Tuesday as it seeks to prove its commitment to a zero per cent cap on 10-year government bond yields. Japan’s central bank said it will buy a minimum of ¥1.375tn and a maximum of ¥2.175tn of government bonds during March, giving a series of dates and estimated sizes for its planned […]

Israeli telecommunications company Mobilicom is looking to raise AU$7.5 via an initial public offering (IPO), according to a prospectus lodged with the Australian Securities and Investments Commission on March 1. Mobilicom, which provides private wireless networks for mobile platforms and users without the need for infrastructure such as satellites or towers, will issue 37.5 million shares at 20 cents a share, giving it an estimated market capitalisation […]

TOKYO Asian shares rose on Thursday as investors were encouraged by President Donald Trump’s measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a U.S. rate hike this month buoyed the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent, led by rebound in Australian shares . Japan’s Nikkei .N225 rose 1.3 percent […]

Your daily guide to community and cultural activities across the Emirates for March 2, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Al Ain Cultural event As […]

In 2011, the Kabul foreign press corps numbered 85, by the reckoning of Dominic Medley, who has worked here for many years as a press officer for NATO, the American military and the United Nations. The American military was surging, reaching more than 100,000 troops by 2012. The press surged as well, with regular visitors in addition to the resident press corps, plus dozens of reporters going […]

Curled up by the fireplace in a fashionable London hotel, Jared Leto speaks slowly and thoughtfully. “I think that Alessandro does something very special,” he says of Gucci’s creative director, Alessandro Michele. “He puts so much love, care and joy into his work that when you wear Gucci, you’re not just wearing something that’s beautiful or pretty, you’re actually – you’re feeling the same thing that he […]

A storming start for risk assets has defined the first two months of 2017, with heightened optimism on Wall Street pushing the FTSE All-World equity index into record territory. Whether the rally can be sustained in March depends on the outcome of several key events. Here is a rundown of what looms for investors during the month. US jobs data and the Federal Reserve The bullish sentiment […]

Big reforms to rules for UK initial public offerings have been proposed by the market regulator to give investors better and earlier information, as the watchdog seeks to keep Britain “open for business” after Brexit. The Financial Conduct Authority said on Wednesday that information about a company planning an IPO should be made available sooner, and to a wider range of analysts and investors. The FCA warned that […]

This was originally published in our weekly newsletter, Local Edition, which is a product of the Knight-Lenfest Newsroom Initiative. Subscribe here. Have you ever had a party and looked around the room at some point and thought, Wow, there are a lot of cool people here? Well, that’s how my inbox felt this week. Thanks to everyone who contributed last week by answering our first question in […]

Wednesday 09:30 GMT Overview The dollar and government bond yields are jumping, and gold is falling, as hawkish comments from Federal Reserve officials cause traders to drastically shorten the odds of an increase in US interest rates this month. Meanwhile, US equity index futures point to another record on Wall Street, tracking gains in Europe and Asia, after Donald Trump addressed Congress for the first time, with […]

Nvidia GeForce GTX 1080 Ti Image: Nvidia Nvidia has lifted the lid off its new GeForce GTX 1080 Ti graphics processing unit (GPU), touting its new offering as the “fastest ever” gaming GPU. The GeForce GTX 1080 Ti delivers up to 35 percent more performance than the GeForce GTX 1080 and up to 78 percent faster performance than the GTX 1070. The latest GPU comprises 3,584 Nvidia […]

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