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Middle East governments assess Iran war after US vote // ADIA and partners establish $1.4 billion aviation venture // CPI, CPM dispute portrayal of Vayalar uprising leaders // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // ADIA and partners establish $1.4 billion aviation venture // ADIA and partners establish $1.4 billion aviation venture // ADIPEC leaders urge investment in global energy networks // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // DIP Holding targets Dh1.12 IPO price and $529m proceeds // Democrats capture Senate majority with seven Republican seats // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Utilities pursue ₹1,992 cr in unpaid bills // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // SC to examine students’ exam plea today // BJP’s Aggressive Response Exposes Anxiety Over Opposition Unity // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism //

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By James Oliphant and Emily Stephenson | WASHINGTON WASHINGTON With more than 20 nominees now selected, Donald Trump’s cabinet appears much like the president-elect himself: mostly older, white males, many of them wealthy, who see themselves as risk-takers and deal-makers and prize action over deliberation. Trump, who says Washington is “broken” and controlled by special interests, has largely eschewed technocrats with long government experience. Instead, he has […]

New catalysts containing platinum and lead could improve the efficiency of fuel cells — a promising technology for producing clean energy. (via WSJ)

Low-frequency mechanical energy harvesting could provide as much as 40 percent of the power requirements for next generation smartphones and tablets. Credit: Wang Lab/Penn State A new concept in energy harvesting could capture energy that is currently mostly wasted due to its characteristic low frequency and use it to power next-generation electronic devices. In a project funded by electronics giant Samsung, a team of Penn State materials […]

If there was a way to end the year on a bright note for as many businesses as possible, a deal to cut oil production was probably the most likely news to hit the spot. Of course, there will be some sectors not sharing in the joy – those that rely heavily on oil to fuel, such as aviation, manufacturing and agriculture, may be dreading increased costs. […]

Credit: Ecole Polytechnique Federale de Lausanne A drone has been equipped with feathers to increase its precision during flight. The bio-inspired device can spread or close its wings while flying, making it easier to maneuver and more resistant in high winds. When they need to change direction, increase their speed or counter headwinds, birds alter the configuration of their wings. To steer, for example, they spread one […]

Although residential and commercial industries are widely adopting energy-efficient light emitting diodes (LEDs), the drop in LED prices is driving away manufacturers because of decreased profitability, dramatically dislocating and restructuring the solid-state lighting marketplace, says a new American report. (via WSJ)

South Korea’s IT export for November rose 3.3 percent compared to a year ago thanks to semiconductors and displays, the country’s trade ministry has said. The rise ends 14 straight months of decline caused by the rise of Chinese competitors and the global economic downturn. Total IT export for the month was $14.8 billion, a rise of 3.3 percent from a year ago, while import was $8.08 […]

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TOKYO Japan’s Prime Minister Shinzo Abe and Russian President Vladimir Putin wrapped up two days of talks on Friday with numerous economic deals but no big breakthrough on a territorial row that has overshadowed ties between the countries since World War Two. The following list details energy and other alliances and agreements between Japanese and Russian companies and government enterprises announced during the summit meetings: HEALTHCARE – […]

16 December 2016 MARC has affirmed its rating of AA-IS on Jimah East Power Sdn Bhd’s (JEP) outstanding RM8.98 billion Sukuk Murabahah with a stable outlook. JEP was established to develop, design, construct and operate a 2×1,000-megawatt (MW) ultra-supercritical coal-fired power plant in Jimah, Negeri Sembilan under a 25-year power purchase agreement (PPA) with Tenaga Nasional Berhad (TNB). As at August 31, 2016, the power plant project […]

Friday 08:00 GMT Overview Equity markets are steady, holding near recent highs, as the dollar’s bounce to a 14-year peak on expectations of a more hawkish Federal Reserve pauses for breath. Bond markets are calmer too after the recent battering that pushed yields to their richest in many months, while gold edges up. Hot topic The dollar and surging bond yields has been one of the biggest […]

Allergic reactions to peanuts cause around 500 hospitalizations and even some deaths in the United States each year. Food that contains trace amounts, because it was produced with factory equipment or kitchen tools that came into contact with peanuts, can prove fatal for allergic individuals who consume it unsuspectingly. Accidentally ingesting as little as a third of a single peanut — about 70 milligrams — can send […]

Doha, Qatar December 15, 2016 Muntajat (Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C.) signed its first international agency marketing agreement with Total. The signing ceremony took place at the K Trade Fair 2016 in Dusseldorf, Germany and was attended by senior representatives from Muntajat and Total. Total produces a range of polymers including polyethylene, polypropylene, and polystyrene. With Polymers business unit offices based in Brussels, […]

By Gabriela Baczynska | BRUSSELS BRUSSELS European Union leaders agreed on Thursday to extend the bloc’s main economic sanctions against Russia over the turmoil in Ukraine for six months until mid-2017, diplomats said. The decision was expected and the formal process to extend the sanctions on Russia’s defence, energy and financial sectors will take place early next week, they said. “We welcome unanimous decision by the EU […]

15 December 2016 – Beijing, People’s Republic of China China Oceanwide (together with its subsidiary, “Oceanwide Resort Paradise HI LLC”) entered into a management agreement today with subsidiaries of Kerzner International Holdings Limited (“Kerzner”), a leading international developer and operator of destination resorts and ultra-luxury hotels, for a new, Atlantis resort in Ko Olina, a 642 acre development on the white sand beaches of the island of […]

A new report recommends proactive regulatory, policy, and market reforms that can help guide the evolution of electric power systems in the US, Europe, and other parts of the world. Distributed energy resources like wind, solar, and energy storage should be integrated with centralized resources, which can be achieved by creating a level playing field in terms of pricing and regulated charges, and removal of inefficient barriers […]

Qatar expects to post a budget deficit of 28.3 billion riyals ($7.8 billion) in 2017, the finance ministry said on Thursday, in a sign of the lingering toll of low global oil prices on Gulf economies. Finance Minister Ali Shareef al-Emadi said that revenues were estimated at 170.1 billion riyals while expenditure was estimated at 198.4 billion riyals, state news agency QNA said. The gas-rich Gulf state […]

NASA’s Curiosity rover, currently studying Martian mountains for ancient environmental changes, has zeroed in on wet environments and their evolution over billions of years. The new data indicate that past environment in Mars was supportive of microbial life though the exact time frame is up for debate. This was mooted by NASA and Los Alamos National Laboratory researchers at the American Geophysical Union meeting in San Francisco. “There […]

Thursday 11:00 GMT Overview Stock markets are trading cautiously as Treasury yields hit fresh highs after the Federal Reserve’s decision to raise interest rates for only the second time since the financial crisis. The prospect of the US central bank perhaps having to tighten policy faster than expected to reflect any additional boost to growth from president-elect Trump’s fiscal plans is lifting the dollar to a 14-year […]

With over 150 Saudi suppliers now, GE aims to double the number by 2020, creating a dynamic Saudi supply chain ecosystem that serves global markets GE’s investments in localized manufacturing helps build Saudi entrepreneurship, create new jobs for Saudis and build the local SME sector Dubai, United Arab Emirates; December 15, 2016 GE Oil & Gas today won the ‘Best in Supplier Development’ honor at the In […]

Steve Garey, who retired from the Anacortes refinery in 2015 after almost 25 years and served as president of the United Steelworkers local, said that while some positive changes were made after the 2010 accident, upper management at Tesoro remains “contemptuous” of its work force and is “hiding behind incredibly permissive process safety regulations.” Those regulations grew out of a string of catastrophic events in the 1980s, […]

By Jacob Gronholt-Pedersen and Ron Bousso | COPENHAGEN/LONDON COPENHAGEN/LONDON Talks between shipping group A.P. Moller-Maersk (MAERSKb.CO) and DONG Energy (DENERG.CO) to merge their oil and gas business have stalled after the two Danish firms could not agree on a price, industry and banking sources said on Wednesday. The breakdown in talks aimed at creating a joint company worth more than $10 billion may open the door for […]

Saudi Arabia’s 2017 state budget is likely to show Riyadh has shrunk a huge deficit caused by cheap oil faster than expected, which may let it spend more to bolster a shaky economy This year was one of the most painful for the Saudi economy in decades. Growth slowed sharply and speculators bet against the Saudi currency as the government fought to curb a deficit that totalled […]

December 14, 2016 by: Robin Harding in Tokyo Optimism at Japanese companies is on the rise for the first time in 18 months after Donald Trump’s election as US president breathed new life into the country’s drive to escape deflation. The Bank of Japan’s closely watched tankan index for large manufacturers rose from +6 to +10 in December, the first increase since the second quarter of 2015, […]

By Patricia Zengerle | WASHINGTON WASHINGTON U.S. Senate Democrats plan to enlist accountants and legal experts to pore through the business records of Exxon Mobil Chief Executive Rex Tillerson, President-elect Donald Trump’s pick for secretary of state, Democratic aides said. Tillerson could face a rocky confirmation process, given concerns among both Democrats and Republicans about his ties to Russia. If Tillerson can overcome the skepticism of Republicans, […]

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