The Nasdaq Composite breached the 6,000 level for the first time on Tuesday and extended its double -digit gain for the year as investors focus on owning companies with strong growth prospects. The tech-heavy benchmark climbed as much as 0.7 per cent to 6,022 early in the day after closing at a record high in the previous session. Renewed appetite for technology stocks and a rally in […]
TOKYO The Japanese cabinet minister overseeing reconstruction of areas devastated by the 2011 earthquake and Fukushima nuclear disaster intends to resign after saying it was better that the disaster struck the northeast instead of Tokyo, national broadcaster NHK said. Masahiro Imamura made the comments when talking about the economic costs of the disaster at a party for ruling Liberal Democratic Party lawmakers earlier on Tuesday. The remarks […]
After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as high as 1.09 this morning before fading some gains; oil is up […]
New insight into how forests globally will respond to long-term climate change has been gained by recent research. The new work suggests that climate-change driven increases in rainfall in warm, wet forests are likely to cause increased plant growth. Plant-growth declines are still expected in cooler forests with increased precipitation. (via WSJ)
The Supreme Court of Pakistan has delivered its judgement in the Panama Papers case. What’s next? By Waris Husain for The Diplomat April 25, 2017 In a much anticipated decision, the Supreme Court of Pakistan has delivered its judgement in the Panama Papers case of corruption against Prime Minister Nawaz Sharif. Rather than delivering a final judgement, the Court called for the creation of a joint investigation […]
By Sam Nussey and Ritsuko Shimizu | TOKYO TOKYO Japan’s growing labor shortage threatens the nation’s ubiquitous convenience stores, whose business model relies on an army of part-timers packing bento lunch boxes, manning cash registers and delivering goods 24/7. The big three “combini” operators 7-Eleven, FamilyMart and Lawson, which have expanded through Japan’s long slump, are scrambling to ease the pressure on franchisees by offering a mix […]
The Campbell Soup Company has voluntarily recalled more than 4,000 pounds of chicken soup because of misbranding and undeclared allergens. Potential Allergen Not Indicated On Label Of Affected Products The Food Safety and Inspection Service of the U.S. Department of Agriculture, which announced the recall on April 22, said that the affected products contain a potential allergen that was not declared on the label. The affected chicken with […]
By Brian Ellsworth and Carlos Garcia Rawlins | CARACAS CARACAS Venezuelans erected barricades with garbage and even bathtubs on Monday and snarled traffic with mass “sit-ins” along major thoroughfares to press their demand for early elections as anti-government protests entered a fourth week. Ten people have been killed during near daily clashes this month between security forces armed with rubber bullets and tear gas and protesters sometimes […]
Risk is definitely on this morning as European shares soar, led by French stocks and a new record high in Germany’s Dax, after a “French relief rally” in which the first round of the country’s presidential elections prompted investors to bet that establishment candidate Emmanuel Macron will win a runoff vote next month, and who is seen as a 61% to 39% favorite to defeat Le Pen […]
File Photo Uber has denied any wrongdoing following reports that the mobile devices of former users were tracked even after the Uber app was deleted. Uber has had more than a share of criticism of late. Uber CEO Travis Kalanick was recently caught engaged in a shouting match with one of his drivers, allegations of a toxic and sexist corporate environment have been made by a former […]
Blizzard recently released a new patch for StarCraft that made the iconic real-time strategy game, along with its expansion StarCraft: Brood War, free for all PC and Mac gamers. The move adds StarCraft to the list of free classic PC games that can be downloaded without any strings attached. These games may be old, but they are still very much well worth your time. ‘StarCraft’ The original StarCraft continues to […]
The UAE has a Minister of Happiness. It also has a happiness rating, and for three years running has been the highest-ranked Arab country on the global Happiness Index, an annual list compiled by the Sustainable Development Solutions Network, under the General Secretariat of the United Nations. It also ranks 21st globally. A recent YouGov survey revealed that more than three-quarters of new arrivals in the UAE […]
Kuwait’s appeals court ruled Sunday that a government decision to raise petrol prices was in line with the constitution, overturning a decision by a lower court. It said the decision to raise prices was within the cabinet’s powers. Ali al-Ali, one of several lawyers who filed the suit against the government, said on Twitter the group intends to challenge the latest ruling in Kuwait’s supreme court, whose […]
The American economy and the industries that power it have experienced fascinating change over the last half century. An interesting way to track that change is by following the largest, most powerful companies in the United States has they make their way up and down the annual Fortune 500 list. Slant Marketing has done just that and compiled their findings into a super interesting interactive that can […]
Each technology rises, and then falls and finds a niche. Soon it will be the turn of the smartphone. The arrival of the original iPhone back in 2007 heralded a revolution in how we use computing power, transforming it from something that sat on a desk in a PC that got used nine-to-five, to something that we carried in our pockets and accessed all the […]
For business people, AI presents a variety of challenges. On a technology level, artificial intelligence and machine learning is complicated to develop and demands rich data sets to produce meaningful results. From a business perspective, many business leaders have difficulty figuring out where to apply AI and even how to start the machine intelligence journey. Making matters worse, the constant drumbeat of AI hype from every technology […]
By Valerie Volcovici | WASHINGTON WASHINGTON The Department of Homeland Security will not target immigrants brought to the United States as children for deportation, despite conflicting statements within the Trump administration, its secretary John Kelly said on Sunday. Kelly, asked on Sunday morning talk shows to clarify the department’s position on the status of these illegal immigrants protected under an Obama-era program, said the agency is focused […]
LafargeHolcim is close to announcing that its chief executive will step down following an internal investigation into a plant the Swiss-French cement company operated in Syria until September 2014. Eric Olsen’s expected departure would make him the highest-profile casualty of the controversy surrounding a Lafarge cement plant that the company continued operating as Syria descended into civil war. Human rights groups have alleged the company helped finance […]
Long before “Einstein” became an adjective to denote genius, it was simply the name of a scientist whose vision upended our view of the universe and matter itself. But a shroud of mystery continues to surround the man, especially regarding his volatile, passionate and complex personal relationships. Starting today, Genius, National Geographic Channel’s first scripted series, pulls back the curtain to reveal how Albert the man became […]
There are few things more difficult for parents than finding out that their child has a serious illness or disability with a genetic cause. Sadly, it is a scenario that Arab parents have often faced because many congenital conditions are more common in the Middle East than in other parts of the world. Recent work by the Centre for Arab Genomic Studies in Dubai, a division of […]
“Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.” – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures. […]
As her email mess was growing, Hillary Clinton scheduled the first national TV interview of her campaign with Brianna Keilar of CNN. It went poorly. But wait. It now turns out that Clinton aide Huma Abedin had meant “Bianna,” not “Brianna” when she disclosed her belated intent to a communications aide. She wanted what she figured would be a non-threatening session with Yahoo! News’ Bianna Golodryga, who […]
By Brian Ellsworth | CARACAS CARACAS Venezuela’s opposition prepared to march in silence on Saturday to honor a dozen people killed in three weeks of protests demanding that the government of President Nicolas Maduro hold delayed elections and address a growing economic crisis. Twelve people have been killed in a renewed wave of demonstrations this month in incidents primarily involving security forces or armed civilians. Another eight […]
Data-driven analytics applications are eating the world and transforming every domain. But the world is also being eaten up in a different way by several non-sustainable practices. On Earth Day, we look at what we know about the relation between big data and the environment: how big data is used to measure sustainability and inform action, and what is the impact they have on the environment as […]
