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Investors, economists and strategists have begun to question their enthusiasm for Donald Trump’s new administration, following the president’s decision to block entry to the US from seven Muslim-majority countries. Mr Trump’s travel clampdown appeared to knock some of the confidence from markets, after stock indices reached record highs last week following speculation the new president will deliver faster economic growth and accelerating price rises — dubbed “Trumpflation”. […]

JEDDAH: The Palestinian Authority has urged the International Criminal Court (ICC) to speed up rulings on key issues including Israeli settlements, an official has told Arab News. The authority asked ICC chief prosecutor Fatou Bensouda to expedite rulings on three Palestinian files in order to open a judicial inquiry into the Israeli government’s violations of international law, said Saeb Erekat, secretary-general of the Palestinian Liberation Organization (PLO).This […]

By Rodrigo Campos | NEW YORK NEW YORK Major U.S. stock indexes posted their largest drop so far in 2017 on Monday as investors worried that a curb on immigration ordered by Donald Trump was a reminder that some of the U.S. president’s policies are not market-friendly. An executive order issued by Trump on Friday banned immigration from seven Muslim-majority countries, including legal residents and visa holders, […]

Solarkraftwerk Waldpolenz, the first Solar 40-MW CdTe PV Array installed by JUWI Group in Brandis, Germany. Credit: JUWI Group Homes with solar panels do not require on-site storage to reap the biggest economic and environmental benefits of solar energy, according to research from the Cockrell School of Engineering at The University of Texas at Austin. In fact, storing solar energy for nighttime use actually increases both energy […]

An insatiable appetite for mobile apps among the UAE’s tech savvy millennials is fuelling the growth of UAE technology start-ups, says Fahad Al Bannai, CEO of axiom telecom. “What we are witnessing now is a lifestyle evolution, one in which errands are transforming into services, all with the help of mobile apps,” says Al Bannai. “And in the UAE, where app developers are widely available, and entrepreneurship […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending rose solidly in December as households bought motor vehicles and a range of services amid rising wages, pointing to sustained domestic demand that could spur faster economic growth in early 2017. There are also signs of inflation steadily firming. The strengthening economy, rising price pressures and a tightening labor market could allow the Federal Reserve to lift interest […]

European, Asian stocks and S&P futures all drop after traders were left with a sour taste from the potential fallout of Donald Trump’s order halting some immigration and ahead of central bank decisions from the U.S. and Japan.  Markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam are all shut due to the Lunar New Year public holiday, leading to a quiet Asian session. Oil […]

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By Nichola Saminather | SINGAPORE SINGAPORE Asian share markets and Wall Street stock futures fell on Monday after immigration curbs introduced by U.S. President Donald Trump heightened concerns about the impact of the new administration’s policies on trade and the economy. European markets were also poised for a sluggish start, with financial spreadbetter CMC Markets expecting Germany’s DAX to start the day 0.3 percent lower, Britain’s FTSE […]

This artist rendering provided by Airbus shows a vehicle in their flying car project, Vahana. Even before George Jetson entranced kids with his flying car, people dreamed of soaring above traffic congestion. Inventors and entrepreneurs have tried and failed to make the dream a reality, but that may be changing. Nearly a dozen companies around the globe, some of them with deep pockets like Airbus, are working […]

London Business School’s leading thinkers give us their views on the challenges and opportunities that businesses will encounter in 2017. Disruptive opportunities “2017 will be the year of disruption,” says Costas Markides, professor of strategy and entrepreneurship and executive education faculty director. “Every industry will be affected by some kind of discontinuity or disruption – whether it’s the invasion of new business models or the arrival of […]

GE Healthcare and its partner Advanced Technology Company to provide advanced diagnostic imaging and digital technology Aligned with the National Development Plan to modernize Kuwait’s healthcare infrastructure 30 January 2017 Kuwait City, Kuwait – A partnership between GE Healthcare and Advanced Technology Company (ATC) has been selected as the key medical technology provider for five new Ministry of Health hospitals in Kuwait as part of the Ministry’s […]

TOKYO Toyota Motor Corp’s (7203.T) four-year run as the world’s top-selling automaker has ended as the Japanese company said on Monday its global sales for 2016 fell short of Volkswagen AG’s (VOWG_p.DE). Toyota said global sales across its Toyota, Lexus, Daihatsu minicar and Hino Motors Ltd (7205.T) truck brands rose 0.2 percent to 10.18 million last year from 2015. This was less than the 10.3 million sold […]

JERUSALEM: When Benjamin Netanyahu sent a tweet in support of President Donald Trump’s plan for a wall along the Mexican border, the Israeli prime minister can barely have expected it would be retweeted 40,000 times and cause a backlash at home and abroad.Already under arguably the greatest pressure he has faced in his 11 years as prime minister, with police questioning him in two criminal probes into […]

The Nintendo Switch is all set for its March 3 global launch, when it will be hitting markets with a $299 price tag. While that date is just over a month away, many questions still remain regarding the upcoming hybrid console. Thankfully, the U.K. version of the official Nintendo website published the official technical specifications of the Nintendo Switch, providing gamers with more information regarding the highly anticipated […]

The world’s largest technology companies condemned Donald Trump’s executive order on immigration after coming under pressure to speak out from employees. Leaders of companies including Apple, Google and Facebook sent emails to their workforces attacking the move to block refugees and entry to the US from seven Muslim-majority countries.  Tim Cook, Apple chief executive, said the company had told the White House the company did not support the policy. […]

“It seems to me like a lot of people think we’re in a new inflationary boom,“ but, warns Gluskin-Sheffs David Rosenberg, “the answer is no… that’s just not gonna happen. It’s not like Ronald Reagan at all in that regard.” Full podcast: Submitted by Patrick Ceresna via Macrovoices.com, This time around, not only are valuations at 15-year highs but we’re entering it into the eighth year of […]

By Alexander Cornwell | DUBAI DUBAI Emirates airline has changed pilot and flight attendant rosters on flights to the United States following the sudden U.S. travel ban on seven Muslim-majority countries, highlighting the challenges facing airlines to deal with the new rules. The world’s largest long-haul carrier, which flies daily to 11 U.S. cities, has made “the necessary adjustments to our crewing, to comply with the latest […]

The law firm Mossack Fonseca & Co in Panama City, Panama | Joe Raedle/Getty Images Center-right MEPs want to water down rules proposed in the aftermath of last year’s Panama Papers scandal — a leak of more than 11 million documents from the Panama-based law firm Mossack Fonseca — over concerns about privacy. The proposed changes to EU anti-money laundering laws are currently bogged down in confidential discussions between MEPs […]

Photo Prime Minister Benjamin Netanyahu of Israel at a weekly cabinet meeting in Jerusalem on Sunday. He said before the meeting, “Jerusalem is the capital of Israel, and it is proper that not only should the American Embassy be here, but all embassies should come here.” Credit Abir Sultan/Agence France-Presse — Getty Images JERUSALEM — Prime Minister Benjamin Netanyahu of Israel, who had been closemouthed on the […]

GE Healthcare’s latest advanced solutions designed to accelerate sustainable healthcare development, now on show at Arab Health 2017 As demand for better healthcare grows, GE firmly committed to partnering with governments and private providers to upgrade health infrastructure and build capacity across the region Tackling breast cancer, GE’s, new Senographe Pristina system, launched at Arab Health, reduces discomfort, pain and anxiety of a mammogram Jeddah; […]

Podcasting is continuing to grow even as it faces challenges such as lack of diversity and the possibility of an advertising slump. That’s the conclusion of a new report on the state of podcasting from the Knight Foundation, which has invested heavily in the burgeoning medium in recent years. The report, which is based on more than 60 interviews with experts, points to a growing industry that […]

Despite the laws placing age limits on the purchasing of e-cigarettes, recent research shows a rise in traditional cigarette smoking among pregnant teens. However, this phenomenon did not have negative birth outcomes, according to the more than 500,000 teenage births analyzed across the United States. The study, carried out by researchers at Cornell University and Princeton University, was published in the National Bureau of Economic Research as a […]

WASHINGTON/NEW YORK President Donald Trump’s order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger on Saturday after immigrants and refugees were kept off flights and left stranded in airports. In his most sweeping decision since taking office a week ago, Trump, a Republican, put a four-month hold on allowing refugees into the United States and temporarily barred travelers from […]

By Phil Stewart | WASHINGTON WASHINGTON U.S. President Donald Trump’s call for a military plan to defeat Islamic State is likely to see the Pentagon revisiting options for a more aggressive use of firepower and American troops. But U.S. officials, who spoke on condition of anonymity, doubt the country’s military will advocate fundamentally changing a key strategy refined during the Obama administration: relying on local forces to do […]

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