BAGHDAD Iraq’s parliament speaker called on Thursday for a government inquiry into air strikes on a western border town which killed around 60 people, mostly civilians. Hospital sources and local parliamentarians said three air strikes killed dozens of civilians, including 12 women and 19 children on Wednesday in a market district of the Islamic State-held town of Qaim, close to the border with Syria. A spokesman for […]
By Ju-min Park and Jack Kim | SEOUL SEOUL South Korea’s parliament introduced a bill on Thursday to impeach President Park Geun-hye, setting the stage for a historic vote to oust the embattled leader engulfed in an influence-peddling scandal. Parliament is expected to vote on Friday in favour of impeachment, although the Constitutional Court must decide whether to uphold the motion, a process that could take up […]
The boss of Dubai’s Emaar Properties has announced that the developer is set to “tighten its belt” next year as the emirate’s property market continues to stabilise, it was reported on Wednesday. Bloomberg quoted company chairman Mohamed Alabbar as saying that Dubai’s real estate market will see a “rebalancing” between supply and demand into next year. He said at a conference in Abu Dhabi that the company […]
SYDNEY Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session. Risk appetite got an extra boost when China reported upbeat trade figures with exports and imports both beating forecasts. Resource imports were very strong, a major reason prices for […]
Blackrock’s chief multi-asset strategist summed up tomorrow’s anxiously awaited ECB meeting best by noting that “what’s priced into markets is a fully fledged extension of the [bond-buying] program,” but warns that, thanks to a muted reaction to the Italy vote and recent encouraging data, “there’s a significant chance the ECB disappoints markets.” As bond traders bet on a six-month QE extension, Citi warns, anything less will be […]
A pair of legal complaints filed this week allege that “objector blackmail” is corrupting class-action litigation. The complaints, connected to unrelated cases, are asking courts to clamp down on serial class-action objectors whom they accuse of squeezing money from plaintiffs’ lawyers by threatening to hold up settlement payouts. They allege that lawyers are demanding large payments […] (via WSJ)
News stories are released on weekdays. 2 hours ago Vatican confirms ban on homosexual candidates for priesthood The Vatican has confirmed that homosexual men should not be ordained to the priesthood. In a new instruction for the training of seminarians, entitled The Gift of the Priestly Vocation, the Congregation for the Clergy says that the Church “cannot admit to the seminary or to holy orders those […]
General assembly meetings of FGB and NBAD held on December 7th Combined bank has total assets of approximately AED655 billion (US$178 billion), representing a 27% market share of UAE banking sector[1] Shareholders approve combined bank’s board of directors from effective merger date Effective date of merger towards the end of Q1 2017 as initially planned. Abu Dhabi, 7 December 2016 Shareholders in First Gulf Bank PJSC (FGB) […]
By Lisa Barrington and Tom Perry | BEIRUT BEIRUT Syrian rebels in besieged eastern Aleppo called on Wednesday for an immediate five-day ceasefire and the evacuation of civilians and wounded, but gave no indication they were ready to withdraw as demanded by Damascus and Moscow. The Syrian army and allied forces have made rapid gains against insurgents in the past two weeks and look closer than ever […]
“Scheduling like this, I think, has helped us do that,” the coach said. Through Monday, Long Beach State had the nation’s most difficult schedule, according to the advanced analytics site kenpom.com. After an opening night win over Cal State-Los Angeles, the 49ers lost five consecutive road games, to Wichita State, North Carolina, Louisville, U.C.L.A and Washington, by an average of 27.6 points. A 30-point loss at No. […]
ISLAMABAD: Opposition leader in National Assembly (NA) Khurshid Shah has said all the issues including Panama leaks should be resolved in parliament as the parliament is proper forum for sorting out problem facing the public. “ on Panama leaks we have handed over our beard to some one else. We want to sort out all problems including Panama leaks in parliament. Parliament is proper forum to resolve […]
|By Arabian Post Staff| Continuing tough conditions in the Dubai real-estate market is prompting leading Dubai developer Emaar to look overseas for growth, chairman Mohammed Alabbar disclosed. Despite the correction in the domestic market, the company is expecting to grow next year Alabbar said at the Bloomberg Markets Most Influential summit in Abu Dhabi. The growth markets are expected to be India and Egypt, which remains a […]
Dubai aims to become the seventh leading maritime capital of the world by 2020 ahead of London, New York, Tokyo, Copenhagen, and Rio de Janeiro The UAE is first WTO member from the Arab region to ratify the new Trade Facilitation Agreement (TFA) in April 2016 07 December 2016Dubai aims to become the seventh leading maritime capital of the world by 2020 ahead of London, New […]
Expansion will help ensure Abu Dhabi’s rising demand for gas is met sustainably and economically 07 December 2016 Abu Dhabi, UAE – Plans to expand the Al Hosn Shah Gas plant’s capacity by 50 per cent have come one step closer today, with the awarding of the Front End Engineering Design (FEED) Services contract, to Britain’s Amec Foster Wheeler. One of the key players in the GCC […]
Investment in Manufacturing Innovative Medicines Supports the Kingdom’s “Vision 2030” Aspirations 06 December 2016 Merck Sharp & Dohme (MSD), known as Merck & Co, Inc. in the US and Canada, has today highlighted the initiation of the manufacturing investment agreement with Pharma Pharmaceutical Industries (PPI). This deal enables PPI to exclusively manufacture many of the MSD medicines approved by the Saudi Food & Drug Authority and distributed […]
“I thought it would be a great opportunity to treat it like a college professor taking a sabbatical,” he said. Continue reading the main story So Thibodeau attended training camp with the Houston Rockets. He sat backstage with the performance troupe known as the Golden State Warriors. He hit the road with the Sacramento Kings. He met with coach after coach, trading ideas and jotting notes on […]
By Julia Love and Stephen Nellis | SAN FRANCISCO SAN FRANCISCO Apple Watch sales appear to have rebounded for the holidays from mid-year doldrums on a redesign, price cuts and strong promotions, but analysts say long-term demand has yet to be proven. The Watch is Apple Inc’s (AAPL.O) first new product under Chief Executive Officer Tim Cook and is seen as a barometer of whether the company […]
Chesapeake Energy, the indebted US energy group that was among the pioneers of the country’s shale revolution, tapped debt markets for the first time in more than two years on Tuesday in a deal that underlined renewed appetite for oil and gas assets. The Oklahoma-based company, which defaulted on some of its obligations this year, secured $1bn in a larger than expected financing to repay as much […]
One of the key strengths of cloud computing is its inherent resilience and ubiquity: get the architecture right, and you can be assured that your data resides in multiple locations, providing both data resilience and the ability to serve data to partners, customers and employees wherever they happen to be. However, EU legislation demands that some types of data must remain in the same country as the […]
A Turkish-Arab fund plans to spend up to about 300 million euros ($322 million) to redevelop a luxury seaside resort outside Greece’s capital Athens, bringing significant foreign investment into the cash-strapped country, the fund said on Tuesday. Greece concluded in October the sale of a 90 percent stake in the Astir Palace hotel complex to the Jermyn Street Real Estate Fund as part of a key privatisation […]
Solar panels, which convert sunlight into electricity, are a key player in the fast-growing renewable energy sector, which also includes water- and wind-generated electricity The climate-friendly electricity generated by solar panels in the past 40 years has all but cancelled out the polluting energy used to produce them, a study said Tuesday. Indeed, by some calculations, the so-called “break-even point” between dirty energy input and clean output […]
If you set out to make a positive investment case for Italy 20 years ago, the best hope was to play down the myriad structural inefficiencies that blighted the corporate sector and argue that this was a good economy burdened by an unworkable state. Now, after years of no growth accompanied by stubbornly high public debt, a positive case looks even harder to make, especially after the […]
InfoComm MEA Opens Today as Region’s Leading A/V Event, Showcasing Holograms, Videoboards, and Audio and Lighting Systems DUBAI, United Arab Emirates – 6 December 2016 Holograms, massive videoboards, and state-of-the-art audio and lighting displays will be among the audiovisual innovations set to make Expo 2020 in Dubai the world’s most technologically advanced event. The UAE is one of the fastest-growing professional audiovisual markets in one of […]
Submitted by Brian Cloughley via Strategic-Culture.org, Britain, China, France, Russia and the United States are the world’s five «nuclear weapons states», a description officially recognised in the Nuclear Non-Proliferation Treaty (NPT), which lays down that «each nuclear-weapon State Party to the Treaty undertakes not to transfer to any recipient whatsoever nuclear weapons or other nuclear explosive devices…» It is apparent that the word ‘transfer’ involves ownership and not location, […]
