The Beyond the Net Funding Programme is proud to announce the results of our November 2016 grant application cycle. This cycle, we received 39 amazing applications from around the world. The project ideas were varied, original, and focused on helping local communities. It was hard, but the Selection Committee managed to pick six projects for funding. These projects were selected for their uniqueness, structure and the benefits […]
Constellation Research hopes you all have a great holiday season this year with friends and family. In the spirit of recognizing memorable achievements in the tech industry, we also want to use this occasion to announce the winners of Constellation’s first annual Enterprise Awards. The winners were selected through a combination of internal voting and heated debate among Constellation’s analyst team. Each category also includes a number […]
PANAMA CITY: From the Panama Papers to the impeachments of the presidents of Brazil and South Korea, 2016 was a year marked by corruption scandals, and by rising public outrage over graft. The question is, will that translate into a lasting demand for cleaner politics? “A new phenomenon” is being seen, said Jose Ugaz, a renowned Peruvian lawyer and the chairman of Transparency International, a Berlin-based anti-corruption […]
As journalists grapple with the rise of fake news, it’s worth examining what happens when policymakers embrace misinformation instead of evidence when it comes to climate change. In September, YourNewsWire breathlessly told its readers that thousands of scientists had declared climate change “a hoax.” This was big news — at least on Facebook — where the YourNewsWire post was shared more than 550,000 times, making it the […]
Now that you have a new internet media streaming device, you’ll need something to watch on it. I cut the cord in 2009 and here are the best services I’ve found since then. Cord-cutting and video-streaming is replacing traditional cable and satellite TV. Jonathan Alcorn/Reuters/Corbis Before launching into it, though, you should know things are changing. Cord cutting is no longer remarkable, it’s normal. The media companies […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. The economy, however, remains on solid footing as other data on Thursday showed new orders for capital goods rising last month amid demand for machinery, indicating […]
Hygge, the Danish art of cosiness that has become Europe’s latest lifestyle trend, is boosting demand for spices such as cinnamon, cardamom and vanilla. Growing popularity of the Nordic art of living, which encapsulates all things cosy from cashmere to candles, has coincided with soaring global demand for spices due to unusual weather conditions in the main growing regions. Alongside a growing appetite for spice-laden Scandinavian cakes […]
NAND flash memory SK Hynix will invest 2.2 trillion won ($1.8 billion) to build a new fabrication facility that produces NAND flash memory in its factory in Cheongju, South Korea, the company announced. The world’s second largest memory chip maker will also put additional investment into its counterpart in Wuxi, China, which mostly produces dynamic random-access memory (DRAM), to meet rising demand from local customers there. The […]
PANAMA CITY: From the Panama Papers to the impeachments of the presidents of Brazil and South Korea, 2016 was a year marked by corruption scandals and by rising public outrage over graft. The question is will that translate into a lasting demand for cleaner politics? “A new phenomenon” is being seen, said Jose Ugaz, a renowned Peruvian lawyer and the chairman of Transparency International, a Berlin-based anti-corruption […]
Google and Apple are the most valuable companies in the world, and undoubted winners from the smartphone boom. In their wake lies Nokia’s handset business, which was sold to Microsoft and later wound down. But, when it comes to defending themselves against the arsenal of patents Nokia built up in its years at the top, the US tech giants want the world to view them as victims […]
After five grinding years of losses, commodities are set to end higher in 2016 and investors are staking out increasingly bold calls for the coming year. This reflects signs that the prolonged decline in markets such as oil and metals is finally having an effect. Cuts in capital spending by producers have begun to choke off supplies as global demand creeps higher. It might not be a […]
22 December 2016 MARC has affirmed South Korea’s foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of South Korea (GoK) has no debt rated by MARC. The rating also serves as a country ceiling for ringgit-denominated debt […]
ZURICH Swiss biotech group Actelion’s (ATLN.S) shares rose by more than 3 percent on Wednesday following a report that talks with Sanofi (SASY.PA) are making progress, increasing optimism that the two will strike a deal. Reuters reported late on Tuesday that discussions between the Swiss and French companies are progressing, despite investors’ fears that the Swiss biotech firm’s chief executive and founder might not want to sell. […]
A group of lawyers has filed a lawsuit against the Chinese government for failing to prevent the severe smog that has covered the north over the past week, underlining the discontent voiced by tens of millions of citizens online. Beijing and many other cities in north China are entering their sixth day running of pollution “red alerts”, which have closed down schools, roads and factories. More than 350 […]
This is part of a series on the global rise of exchange traded funds You only need to look back to the tumultuous November in markets to see the growing significance of exchange traded funds that track bonds. While a bond from brewing behemoth Anheuser-Busch claimed the crown of being the most heavily traded corporate debt security last month, those volumes were dwarfed by bond ETFs. The average […]
But by the time Mr. Trump is sworn in next month, such safe zones may be irrelevant, if the evacuation of Aleppo and political negotiations proceed. Continue reading the main story More than a year after launching the air campaign that remade the battlefield in Mr. Assad’s favor, Russia appears to be looking for a way out of the war. Analysts say that Moscow sees in the […]
World’s leading hotel operator AccorHotels announces first Mercure brand in the country Muscat, Oman, 20 December 2016 AccorHotels, one of the world’s leading hotel operators announces the opening of Mercure Sohar in Oman. Blending the best of business and leisure, this new hotel pays tribute to its environment with an authentic offering reflective of genuine Omani warmth and hospitality. Nestled between Al Hajjar Mountains and the Sea […]
By Sue-Lin Wong | YANJI, China YANJI, China The brightly coloured packages advertising “Walleye Pollock” at the West Market in Yanji, a Chinese city near the border with North Korea, say the fish came from China. But 15 vendors interviewed at the market say the fish came in from North Korea to be processed, packaged and mostly sold in China. They say they buy the […]
By Kieran Guilbert DAKAR (Thomson Reuters Foundation) – The failure of European jewellery firms to scrutinise their supply chains and a flawed diamond certification scheme are fuelling child labour and sexual abuse in artisanal mines in the Democratic Republic of Congo, a campaign group said on Thursday. Thousands of children work illegally in diamond mines in Congo’s diamond-rich Kasai region – mainly to pay for food and […]
Nike Inc (NKE.N), the world’s No. 1 footwear maker, reported better-than-expected quarterly revenue, helped by higher demand from Western Europe, Greater China and emerging markets. The company’s shares were up 4 percent at $53.89 in after-market trading on Tuesday. Nike’s net income rose to $842 million, or 50 cents per share, in the second quarter ended Nov. 30, from $785 million, or 45 cents per share, a […]
The “animal spirits” that Donald Trump’s incoming US administration may unleash would have more far-reaching consequences on the economy and financial markets than any specific stimulus package he delivers, according to Bridgewater’s Ray Dalio. Mr Dalio, the founder of the world’s largest hedge fund group, wrote that “if this administration can spark a virtuous cycle in which people can make money, the move out of cash (that […]
Talent acquisition will continue to be a key focus for Middle East-based companies in 2017 with recruiters focusing on quality of hiring, according to a new LinkedIn report. Jobs pertaining to operations, sales and engineering will be the highest priority roles to fill in the region in 2017, said its MENA Recruiting Trends 2017 report. According to the report, over 81 percent of regional talent leaders feel […]
Submitted by Jayant Bhandari via Acting-Man.com, India’s Currency Ban – Part VI India’s Prime Minister, Narendra Modi, announced on 8th November 2016 that Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes would no longer be legal tender. Linked are Part-I, Part-II, Part-III, Part-IV, and Part-V, which provide updates on the demonetization saga and how Modi is acting as a catalyst to hasten the rapid degradation of […]
20 December 2016 UAE – As the UAE increasingly becomes a thriving hub for entrepreneurs, the demand for accounting and finance skills will rise to sustain business and ensure success and survival amidst regional and global economic pressures, according to financial experts. Recent analysis revealed by professional networking site LinkedIn showed that the UAE has the highest percentage of members indicating entrepreneurship as their job function across the […]
