Saudi Arabian corporate earnings may finally have bottomed out after two years of falls due to low oil prices and the government austerity which followed, with the petrochemicals sector leading signs of recovery. But a sharp rebound is unlikely for companies in the Middle East’s biggest economy as further austerity looms and they are competing for customers who are no longer flush with cash. Analysts say stronger […]
By Tom Perry and John Davison | BEIRUT/MOSUL, Iraq BEIRUT/MOSUL, Iraq U.S.-backed Syrian militias said on Friday they were strong enough to seize Raqqa from Islamic State with support from the U.S.-led coalition, underlining their opposition to any Turkish role in the planned attack. The campaign against the city, Islamic State’s Syrian base of operations, is gathering pace as Iraqi forces press ahead with their efforts to […]
The report from January was one of hundreds that Mr. Abdul Kareem has made inside Syria in recent years, building his reputation as a unique voice covering the war from rebel-held areas that other Western journalists have fled for fear of kidnapping and beheading by jihadists. Continue reading the main story Along the way, Mr. Abdul Kareem has interviewed foreign fighters from Britain, Saudi Arabia and elsewhere […]
Turkey saw just four percent growth in its internet population, but that means two million more people are online. Image: Getty Images “Digital is growing faster in the Middle East than anywhere else in the world,” Simon Kemp, founder of Kepios, tells ZDNet. Kemp, a marketing strategist based in Singapore, is the author of six annual studies charting the trends in mobile, the internet, and social media […]
The US government’s benchmark borrowing costs remained above 2.6 per cent on Friday as investors anticipated robust US employment data ahead of a likely Federal Reserve interest rate increase next week. The benchmark 10-year yield — one of the most widely followed interest rates in the global economy — was at 2.61 per cent by early in London, its highest level since December and up from below […]
Via Dmitriy Sedov of The Strategic Culture Foundation, The things European politicians have had to listen to from Recep Tayyip Erdo?an! Over the 14 years of his administration, this charismatic Turkish leader has managed to tally up a long list of the sins committed by the European Union and has often promised to make the EU pay a price for each of them. European politicians have not […]
Your daily guide to community and cultural activities across the Emirates for March 10, 2017, including performances, festivals, art exhibitions, film screenings, 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 Nationwide New film Badrinath Ki […]
Mario Draghi has declared victory against deflation and moved a step towards ending the European Central Bank’s ultra loose monetary policy, sending the euro and German bond yields higher as investors bet on the end of crisis-era stimulus measures. Facing growing pressure from monetary hawks in Germany, the ECB president said the bank decided to change its guidance to investors — omitting a reference to using all […]
Friday 06:00 GMT Overview Asian markets were broadly positive on Friday as South Korea’s president was formally impeached, while Treasuries remained under pressure ahead of the US jobs report that could fuel expectations the Federal Reserve will raise interest rates next week. European bourses are expected to open higher, with spreadbetters predicting the UK’s FTSE 100 will add 20 points to 7,335 and Germany’s Dax to climb […]
Montclair is a New Jersey bastion of the Trump-doubting privileged class that went back to the future Thursday with an imperiled species: a new broadsheet newspaper. But, if Trump could wind up president, who says a broadsheet Lazarus can’t rise from the media ashes and make it somewhere? The weekly Montclair Local debuted in the 36,000-person bedroom community of New York City rife with ink-stained and digitally […]
By Thomas Wilson and Minami Funakoshi | TOKYO TOKYO “Radiation! Bang bang!” Gesturing as if with guns, two boys in Tokyo repeatedly taunted a girl whose family fled to Japan’s capital to escape radioactivity unleashed by the Fukushima nuclear crisis of 2011. Tormented by headaches and weight loss, the girl began to skip classes, and switched schools to escape the bullies, her mother told Reuters. But the […]
Via Jim Quinn of The Burning Platform blog, In Part One and Part Two of this article I revealed how the Deep State’s fake data and fake news propaganda machine can be overcome by opening your eyes, observing reality, understanding how Fed created inflation has destroyed our lives, and why the election of Trump was the initial deplorable pushback to Deep State evil. “The notion that a […]
By Shinichi Saoshiro | TOKYO TOKYO Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent, taking cues from a modest bounce in Wall Street overnight. Japan’s Nikkei climbed more than 1 percent on the back of […]
Two days into a frantic battle to repeal and replace Obamacare, Donald Trump’s White House is struggling to win over fellow Republicans in Congress. The strength of resistance to the new healthcare bill within the party points to a broader problem for Mr Trump — almost two months in to his presidency he is struggling to control the legislative agenda. “The White House doesn’t have a plan […]
Photo A United States officer at the entrance at Guantánamo Bay, Cuba. Attorney General Jeff Sessions said on Thursday that he would advise President Trump to send newly captured terrorism suspects to the prison. Credit John Moore/Getty Images WASHINGTON — Attorney General Jeff Sessions said on Thursday that he would advise President Trump to send newly captured terrorism suspects to the wartime prison at Guantánamo Bay, Cuba, […]
RBC is the first Canadian bank to publicly confirm it has severed ties with customers identified in the Panama Papers leak. (Randy Risling / Toronto Star) | Order this photo The Royal Bank of Canada has closed dozens of accounts linked to the Panama Papers, becoming the first Canadian bank to publicly confirm it has severed ties with customers identified in the leak. The admission came some 10 […]
NASA’s Hubble Space Telescope has found that the black hole at the center of our Milky Way galaxy ate its last big meal about 6 million years ago, when it consumed a large clump of infalling gas. After the meal, the engorged black hole burped out a colossal bubble of gas weighing the equivalent of millions of suns, which now billows above and below our galaxy’s center. […]
The cost of shorting shares of Snap has fallen sharply as bets against the owner of the messaging app slowed and the share price rallied. Snap’s stock has rebounded in recent sessions after selling off earlier in the week as several analysts’ reports expressed scepticism about the group’s valuation, which had surged above $30bn in the initial euphoria following its high-profile listing last week. At midday in […]
Google Cloud Platform may not be the only cloud provider in an enterprise, but it’s willing to offer discounts to make sure it gets its share. (Image: Google Cloud/YouTube) Google Cloud Platform rolled out Committed Use Discounts, which are designed to pass along savings to enterprises for a one- or three-year purchase commitment to Google Compute Engine. Special Feature Cloud Computing: Moving to IaaS Infrastructure as a […]
By Ben Hirschler | LONDON LONDON Scientists have taken a big step toward designing complex forms of life from scratch by constructing five new artificial chromosomes of baker’s yeast, representing a third of the micro-organism’s genome, or genetic blueprint. The international team used computers to create laboratory-made versions of the threadlike structures that carry genetic code inside cells. Synthesizing genomes may alarm some who see biotechnologists “playing […]
Oil prices were under intensifying pressure on Thursday, with the US West Texas Intermediate benchmark dipping below $49 a barrel for the first time since late November. The falls came after oil prices fell the most in more than a year over the previous session when US crude inventories climbed for a ninth straight week to a record high. Renewed concerns about a supply glut sent ripples […]
BAGHDAD — Suicide bombers struck a village north of Baghdad as a wedding party gathered in the evening, killing at least 26 people and wounding scores, a government spokesman said on Thursday. The assault began late Wednesday when an assailant wearing an explosives-laden belt walked into the wedding party at an open area in Hajaj, near the city of Tikrit, about 120 miles north of Baghdad. After […]
Thursday 14:30 GMT Overview The euro is firmer and Bund yields are trundling higher with Treasuries after the European Central Bank stood pat on interest rates and indicated it was not looking to ease policy further. Oil prices tried to rally but have resumed their sell-off, putting energy stocks under pressure and weighing on equity benchmarks. Hot topic (1) After a period when politicians seemed to rule […]
Why West Berlin? After the fall of the Berlin Wall, the city’s eastern side, formerly occupied by the communist German Democratic Republic, was ripe for renovation. The space created by the removal of the wall, and the old buildings overdue for renewal, meant everything edgy and inventive went east. The formerly cool West Berlin districts fell into something of a funk as the gaze shifted elsewhere. But […]
