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After three seasons of speedy villains, The Flash will hit the brakes in Season 4. “Next season we’re not going to have a speedster [as the main villain],” showrunner Andrew Kreisberg revealed during a panel at Los Angeles’ PaleyFest on Saturday, where the stars and producers of The Flash, Arrow, Supergirl and Legends of Tomorrow were gathered to celebrate the four CW shows. But before Barry Allen […]

German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May 31 from March 31, but said the deal, worth 7 to 8 billion euros ($7.52-8.60 billion), was not at risk. All merger clearances and regulatory approvals and all necessary banking approvals from Hapag’s side have been obtained as have most banking approvals from Dubai-based UASC’s side, […]

One of the first things a visitor to Art Dubai would have encountered was the work of Rana Begum. Whether it was the coloured Perspex panels protruding at regular intervals along the entrance corridor or the large, floating installation that was placed in the waterways of Madinat Jumeirah. This artwork consisted of eight rows of triangular-shaped, brightly coloured pieces of glass that cast constantly changing shadows upon […]

Brazil’s coffee farmers, struggling with the effect of last year’s drought, have turned to another black commodity — pepper. In a desperate search for an alternative source of income, an increasing number of growers in the state of Espirito Santo, the key producer of the lower-quality coffee robusta beans, have switched to black pepper, whose price more than tripled between 2009 and 2015. “Four years ago, we […]

By Abdelaziz Boumzar | MOSUL, Iraq MOSUL, Iraq Thousands of Iraqis surged out of western Mosul on Saturday during a lull in heavy fighting in districts around the densely populated Old City where Iraqi forces are facing fierce resistance from Islamic State militants. Five months into the battle to take Islamic State’s last bastion in Iraq, government forces have cleared the east and half of western Mosul, […]

The advent of spring heralds many changes such as a rising temperature, the melting of ice, and the blooming of flowers. This transition from winter to the growing season is called the “vernal window” by scientists. According to a new study conducted led by researchers at the University of New Hampshire, there is an early opening of the vernal window and the phase may last longer. This indicates […]

Prices for bonds sold by the Netherlands and France fell on Thursday, reversing early gains as Dutch voters rejected rightwing populism and opted for the status quo in an election regarded as a litmus test for Europe’s political future. Dutch and French sovereign debt initially outperformed German Bunds as investors reacted to news that the anti-EU populist Geert Wilders’ PVV party had fallen short of expectations. However, […]

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Brazil’s economy will emerge this quarter from its deepest recession on record and reach a growth rate of up to 3 per cent by the final three months of the year, central bank chief Ilan Goldfajn has said.  The recovery would be driven by a combination of easier monetary policy as inflation falls to levels not seen since January 2010, economic reforms that are boosting investor confidence […]

Junk bond funds saw their biggest outflows since December 2014, as investors expressed concern about high prices for speculative debt and falling energy prices put pressure on companies in the sector. Investors withdrew $5.7bn from high-yield bond funds in the week up to Wednesday, according to EPFR Global. It came as West Texas Intermediate, the US crude marker, last week dropped back below $50 a barrel. Oil […]

Your daily guide to community and cultural activities across the Emirates for March 18, 2017, including performances, festivals, art exhibitions, film creenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Al Ain Film screening Watch […]

AIG’s outgoing chief executive Peter Hancock is in line for a $5m payment on top of his regular pay deal, part of an exit package that the insurer said was “consistent with a termination without cause”. The disclosure comes a week after AIG rocked the insurance sector when the company said its chief was leaving after less than three years at the helm following a series of […]

Despite another turbulent few days in British politics, the pound is ending the week on a firmer footing. Sterling brushed off the latest bout of Brexit nerves and further worries about a break-up of the UK, closing near $1.24 on Friday. Its revival was aided by a dovish Federal Reserve and a hawkish Bank of England. However, there are still plenty of currency-watchers who see further trouble […]

Mulesoft, a software “unicorn”, gained 46 per cent in its trading debut in New York on Friday, the latest in a number of hot listings that are reviving the US market for initial public offerings. Mulesoft rose to $24.75 after pricing at $17, giving the IPO the best first-day “pop” this year, according to Dealogic. The performance follows recent first-day gains from Canada Goose, the maker of […]

Jeroen Dijsselbloem, the Dutch finance minister who served as the eurozone’s chief dealmaker during some of the bloc’s biggest crises, may become a high-profile casualty of his national elections, with his Labour party unlikely to remain in government after losing three-quarters of its seats. The drubbing means Mr Dijsselbloem, who has served as eurogroup president for more than four years, may have to relinquish the post before […]

Markets do not have a clue how to handle political populism. They are still frightened of it, even though last year’s populist earthquakes in the UK and US are yet to have the drastic consequences that had been feared, and they cannot gauge its chances of success. This might yet create opportunities for those who can stomach some risk. This was a great week for European stocks, […]

LONDON Forget the top “Best in Show” prize, Olly the Jack Russell has gained his own celebrity status at Britain’s Crufts dogs show after enthusiastically going off course and even falling flat on his face during the agility round of last week’s competition. Stumbling on jumps, going the wrong way and running off to the sidelines, the dog’s energy and enthusiasm came through in Friday’s session, a […]

Friday 13:30 GMT What you need to know ● Dollar index nudges up after hitting five-week low● Short term US bond yields inch higher● Global stocks at record as Wall St gains ground● Oil prices firmer after volatile week● Gold advances towards $1,230 an ounce——————- Hot topic Has the buck bounce run its course? The dollar index (DXY) — a measure of the greenback against a basket […]

Composer Mohammed Fairouz is somewhat of a rarity. Not only is he an Emirati working in the western classical tradition, but he also moonlights as a foreign-­policy commentator for the likes of The ­Independent and The National. It’s perhaps unsurprising, considering he’s the son of an Emirati diplomat and grew up living on several different continents. These days, the 31-year-old may be based in New York, but […]

Bob Diamond, the former Barclays chief executive, has teamed up with the investment vehicle of the Qatari royal family to launch a bid for Panmure Gordon, the lossmaking stock broker and investment bank. Panmure, whose name dates back more than 140 years, is suffering like many mid-cap brokers from a number of structural challenges, including increased regulation, fewer deals and lower corporate retainers. The deal may be […]

The rise of algo trading and passive investing is bringing new patterns and pitfalls Source link

Qualcomm has announced that its Snapdragon branding will now apply only to premium processors, while those in the 200 tier will be relabelled under the new “Qualcomm Mobile” brand in an effort to differentiate their value — with the chip giant also moving away from processor branding towards “platforms”. “Moving forward, only premium mobile platforms will retain the Snapdragon brand, while processors in the 200 tier will […]

PANAMA CITY: Banks based in Panama managed a record level of assets last year – $121 billion – despite fallout from the “Panama Papers” scandal, an industry body in the Central American country said Thursday. The International Banking Center, which represents Panamanian and foreign banks, said members’ assets “reached the record level of $121.075 billion” – a jump of 3.3 percent over 2015. Panama has come under […]

The parkas that have made it to the top of Mount Everest and the cover of Sports Illustrated’s swimsuit edition have found their way to Wall Street. Shares of Canada Goose, the maker of down winter coats with coyote fur trim and a circle patch logo, soared in their New York debut on Thursday, rising 26 per cent to $16.08 after pricing at $12.78 a piece, above […]

Authored by Michael Jabara Carley via The Strategic Culture Foundation, On 10 January 2017 Canadian Prime Minister Justin Trudeau fired his minister of external affairs, Stéphane Dion, and replaced him with Chrystia Freeland, who was then minister of international trade. This cabinet shuffle might not have gotten much public notice except that Dion is a distinguished parliamentarian, former leader of the party and leader of the opposition, […]

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