The annual Cesco Week gathering for the global copper industry starts Monday in Santiago. For the first time in five years, attendees arriving in the Chilean capital can reflect on a copper price that is higher than at the previous year’s event. However, optimism that 2017 represents a turning point in the market should be tempered by the realisation that any sustained recovery in the copper price […]
TORONTO The Canadian arm of Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N), which makes the Jeep and Chrysler brands, led auto sales in Canada for the month of March, but General Motors Canada (GM.N) posted the biggest surge in monthly sales. FCA Canada sales were up marginally in March, with 26,531 cars and trucks sold during the month, compared with 26,469 a year ago. Ford Motor Co (F.N) sold […]
Timings for the eight Korean films screening in Abu Dhabi and Dubai as part of K-Fest 2017. newslide Train to Busan (2016) Director Yeon Sang-ho 15+ Korea’s first zombie film achieved massive success across Asia when it was released last year, and has attracted critical acclaim internationally. Passengers on a train have a fight to survive as a viral outbreak pushes Korea into a state of emergency. […]
Most are familiar with the idea of “Sell in May and go away.” Should one take this advice and sell a month earlier this year? The chart below is from good friend Ryan Detrick, looking at monthly returns of the S&P 500’s performance, over four different time frames. CLICK ON CHART TO ENLARGE The above chart reflects a couple of things; April has historically been a month that it has […]
Mental Illness Aimee Mann (Superego Records) Four stars It is hardly the most inviting of album titles, but Mental Illness, Aimee Mann’s ninth solo album and first in five years, is decidedly easy on the ear. Its calming, almost-sedative mood is established from the moment the soft chink of sleigh bells ushers in the opening track, Goose Snow Cone. Several of the songs here are meditative-sounding waltzes, […]
As aged care service providers come to terms with legislative changes that provide consumers with greater choice, Thomas Holt is forging ahead with its digital transformation initiative to improve the quality of life for residents, drive efficiencies for care workers, and differentiate itself in the market. Earlier this year, Alcatel-Lucent Enterprise announced it was providing Thomas Holt Aged Care with a network and communications infrastructure upgrade that […]
When the International Consortium of Investigative Journalists and more than 100 media partners began publishing the Panama Papers investigation on April 3, 2016, almost no country was untouched by its revelations. Governments in more than 70 countries have launched over 150 investigations, inquiries, audits and probes into the affairs of thousands of people and corporations linked to Panama Papers. Just last month, Malta’s tax office announced it […]
With so many respected newsrooms still adjusting to having the president call them “enemy of the American people,” next week’s announcement of the 2017 Pulitzer Prizes feels like a showdown. What will the winning journalism say about the press’ value to the public? We’re about to find out. Pulitzer selections reflect a closed-door, two-step process at New York’s Columbia University, which administers the prizes. Jurors from around […]
TOKYO Asian shares started the week on a steady footing on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was little changed in early trade while Japan’s Nikkei .N225 rose 0.1 percent. Ex-Japan Asia MSCI had gained 12.3 percent in the last […]
The number of lease renewals at reduced rents is three times higher in Dubai than it was at the bottom of the last market trough in 2012, according to the managing director of CBRE Middle East. Preliminary findings from CBRE research expected to be published in May indicates that landlords are increasingly flexible on lease renewal terms as they seek to retain existing tenants rather than risk […]
Because current methods for assessing the viability of IVF-created embryos are not sufficiently reliable, more research on embryo development is needed, two experts write in a new review article. (via WSJ)
NEW YORK Tesla Inc (TSLA.O), the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly record of 25,000 vehicles, bouncing back from delays in the previous quarter. The company said of the total vehicles delivered, about 13,450 were Model S sedan and about 11,550 were Model X sports utility vehicle. Tesla has said it expects […]
An iPhone nearly killed a man who fell asleep while his phone was still charging. He was admitted to a hospital with second and third-degree burns to his neck and hands. Wiley Day, from Alabama, was almost killed by electrocution on March 23. He said that his metal dog tags slipped between the charger and the extension cord while he was asleep. Man Survives After Electrocution Day was […]
BEIRUT An Iranian-American detained in Iran since last summer has been released on bail of approximately $60,000, the Human Rights Activists News Agency (HRANA) reported Sunday. Robin Reza Shahini was arrested by the Revolutionary Guards while visiting family in the northeastern city of Gorgan last July and subsequently sentenced to 18 years imprisonment on charges of threatening national security, according to HRANA. Shahini went on a hunger […]
Dubai’s residential market contracted during the first quarter of 2017, with rental rates falling by an average of 1 percent quarter-on-quarter over the period, a new report reveals. CBRE’s latest Dubai Market View said the dip was driven by an increase in available housing options amid more constrained demand. Meanwhile, landlords are becoming increasingly flexible with rental rates and tenants are able to negotiate, CBRE added. Residential […]
Submitted by Wolf Richter of WolfStreet The Last time automakers tried this was in 2009! In a few days, automakers are going to report their new vehicle deliveries for March. TrueCar, Kelley Blue Book, and LMC Automotive are predicting total vehicle sales slightly above the flat-line compared to March a year ago, though sales were down year-over-year in both January and February. TrueCar forecasts an increase of […]
By Hasmik Mkrtchyan | YEREVAN YEREVAN Armenians voted for a new parliament on Sunday in a closely fought race between the ruling party and a former coalition partner that heralds the start of a parliamentary system of government. Under constitutional changes critics say were designed to prolong the political life of President Serzh Sarksyan, parliament, not voters, will elect the president for the first time. That role […]
Colombians woke up on Saturday to a devastating landslide that left at least 193 dead in the south-west of the country, after heavy rains caused rivers to overflow. The avalanche propelled sediment on to buildings and bridges, as homes and cars were swept away in the city of Mocoa in Putumayo. “We have adults, women and infants,” police commander Colonel Omar Bonilla told a Colombian radio on […]
DUBAI // The price of items such as cars, televisions and restaurant bills will rise once value-added tax is introduced in the region early next year. But as the tax will be at a modest 5 per cent, experts say it is unlikely to affect overall spending. Details about goods and services to be subject to VAT will probably be released over the next few months, and […]
FAISALABAD: State Minister for Water and Power Abid Sher Ali on Saturday said the verdict on the Panama Papers case was expected very soon, which would shatter the evil designs of PTI Chairman Imran Khan Talking to the media, he said Imran should cool down and prepare himself for the third marriage, instead of hatching conspiracies against the elected government of the PML-N. Regarding former president Asif […]
By Rodrigo Campos | NEW YORK NEW YORK Forget the jobs report. The most interesting bit of U.S. economic data next week is Monday’s auto sales release, which will offer a measure of the middle-class consumer and a sector of the stock market that has had a rough ride so far in 2017. Economists are looking for another solid month of sales north of 17 million new […]
Once upon a time Washington was simple: on one hand you had Republican interests, on the other: Democrats, and inbetween them perhaps, the occasional independent or “green.” Now… it’s less simple. At last check, DC currently boasts at least nine different parties, groups, factions or ideologies. Which is why keeping track of who wants what, and how the various groups allign, in US politics has become quite […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. There is dumb provocative, which we can associate with talk radio and President Trump’s tweets, and there is smart provocative. Nieman Lab offers the latter as it wonders if the media and American banking are soulmates when it comes to […]
I remember the halcyon days when April Fools’ Day was a bit of harmless fun. We’d read fake stories from the newspaper over our cornflakes and have a good chuckle. Fake news was just something that happened once a year. But, those days are gone. We are now living in the age of fake news; where mistruths are presented as truths, and believed at face value. Fake […]
