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. Anti-Trump fervor is especially rampant along the Acela Corridor, and now our most famous paper surfaces with a provocative — if belated — ad campaign at a time of marketing need. On Thursday, The New York Times announced a campaign […]
· Phase 3 of MAG 5 Boulevard launched in response to huge demand for luxury mid-range units at the community · Dubai South’s strategic location a major factor driving demand, alongside the project’s convenient payment plan and state-of-the-art design 27 February 2017 MAG 5 Property Development (MAG 5 PD), the leading property developer of luxury mid-range developments and pioneering affordable housing initiatives, has launched MAG 5; […]
In the previous episode of the currency wars, a few years ago, the Euro-Dollar exchange rate was in the spotlight. This has now completely disappeared to the background and whilst the countries of the Eurozone must be pretty happy with the weak currency (which boosts the export and increases the demand for domestically produced goods), the United States are less than happy as it weakens the position […]
Traffic pollution spikes close to roads, a health hazard for nearby school students and anyone who spends time in those areas. Exposure increases the risk of problems, ranging from asthma attacks to heart disease. To find out if your school or another location of interest falls within 500 feet of a busy route (marked in red and orange), search below. Source link
By Eric Auchard | BARCELONA BARCELONA Nokia (NOKIA.HE) sees demand for higher speed 4G network equipment starting to recover this year, led by Japan, the company’s chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators. Speaking at a news conference ahead of the Mobile World Congress in Barcelona, Suri also predicted a new wave of industry consolidation among telecom […]
By Stephen Kalin | MOSUL, Iraq MOSUL, Iraq U.S.-backed Iraqi forces pushed deeper into western Mosul on Sunday, aiming to capture a bridge across the Tigris which would link the city’s government-held eastern bank with the ongoing offensive against remaining militants in the west. The bridge is the southernmost of five bridges spanning the Tigris. All were damaged in strikes by the U.S.-led air coalition, and later […]
Telstra and Ericsson have announced that they will be deploying a Cat M1 Internet of Things (IoT) network across the country, with trials already under way in Melbourne and Tasmania. The announcement, made at Mobile World Congress (MWC) in Barcelona on Sunday, is in partnership with device providers Sierra Wireless, Altair, and Bosch. One of the trials has seen them collect data from sensors at Pooley Wines […]
By Trevor Hunnicutt | NEW YORK NEW YORK Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized practice: share buybacks. “As the subject of repurchases has come to a boil, some people have come close to calling them un-American –characterizing them as corporate misdeeds that divert funds needed for […]
25 February 2017 Fitch Ratings-London-24 February 2017: Fitch Ratings has assigned UAE based Majid Al Futtaim Holding LLC’s (MAF) proposed benchmark size subordinated perpetual hybrid notes a rating of ‘BB+(EXP)’. The proposed securities qualify for 50% equity credit. The final rating is contingent on the receipt of final documents conforming materially to the preliminary documentation reviewed. The hybrid note proceeds will be used for general corporate purposes […]
By Tom Miles and Yara Abi Nader | GENEVA GENEVA Syria’s opposition is impatient for face-to-face peace talks in Geneva, but things could fall apart if Russia does not pressure President Bashar al-Assad on holding talks and push it to abide by a ceasefire, an opposition member said on Saturday. The United Nations opened the peace talks with a symbolic ceremony on Thursday, attended by representatives of […]
Saudi Arabia’s economy is forecast to continue slowing this year, dragged down by negative growth in the oil sector, according to Jadwa Investment. Its latest report said growth in the oil sector will turn negative due to the kingdom’s compliance with OPEC production cuts, while non-oil sector growth should rebound but “remain subdued” during 2017. Jadwa forecast that growth in the non-oil private sector will accelerate from […]
Microsoft has released new test builds of Windows 10 Creators Update for PC and Mobile testers that provide lots of fixes to the nearly finalized operating-system release. On February 24, Microsoft rolled out to Fast Ring testers Windows 10 Build 15042 for PC and 15043 for Windows Phones. The PC build doesn’t work on 32-bit/x86 PCs, Microsoft officials said, as a result of a bug; it’s for […]
SoFi, the biggest and the brashest of a new breed of online lenders in the US, has sealed a $500m funding round, giving it firepower to push into new products and markets including Canada and Australia. The private San Francisco-based company last received a big shot of funds — its fifth — in September 2015, when SoftBank of Japan led a $1bn round, the biggest in the […]
Sign up to receive Authers’ Note daily by email here Despite appearances to the contrary, the Trump trade may be moving into reverse as the president’s maiden State of the Union address approaches. The overall level of the stock market is, of course, at fresh records. But the pattern within it is shifting again. The end of the week saw sharp falls for almost all equity markets […]
When the National Security Agency (NSA) introduced Secure Hash Algorithm 1 (SHA-1) in 2002 as an approved cryptographic security algorithm it was practically unbreakable. That was a long, long time ago. True, SHA-1 security has been broken, but then we’ve been planning on it being busted for years now. Getty Images/iStockphoto Since then, SHA-1 has been used in numerous secure applications. These include web Secure-Socket Layer (SSL) […]
Credit: shatterered.io Today, researchers at the Dutch research institute CWI and Google jointly announce that they have broken the SHA-1 internet security standard in practice. This industry standard is used for digital signatures and file integrity verification, which secure credit card transactions, electronic documents, GIT open-source software repositories and software distribution. CWI cryptanalyst Marc Stevens says: “Many applications still use SHA-1, although it was officially deprecated by […]
By Arshad Mohammed | WASHINGTON WASHINGTON The longest-serving U.S. diplomat warned against isolationism, protectionism and Russian aggression on Friday in a retirement speech implicitly criticizing some of U.S. President Donald Trump’s policies even as he urged officials to serve the White House loyally. Ambassador Dan Fried argued that since becoming a world power over a century ago, the United States had largely pursued an open, rules-based world, […]
By Jonathan Landay | WASHINGTON WASHINGTON While President Donald Trump has suggested that the United States must expand its nuclear arsenal, many experts say U.S. nuclear forces are unrivalled and will remain so as they undergo a modernization programme that could cost more than $1 trillion. In an interview with Reuters on Thursday, Trump said the United States has “fallen behind on nuclear weapon capacity.” He pledged […]
About a month ago, Starbucks CEO Howard Schultz decided to ‘take a stand’ in defiance of Trump’s immigration executive order and penned a message to the world vowing, among other things, to hire 10,000 refugees over the next 5 years and “build bridges, not walls, with Mexico”. Here are some excerpts from the politically charged message drafted by Schultz with “deep concern and a heavy heart”: I […]
In this photo taken Thursday, Feb. 2, 2017, Yvonne Felix wears eSight electronic glasses and looks around Union Square during a visit to San Francisco. The glasses enable the legally blind to see. Felix was diagnosed with Stargardt’s disease after being hit by a car at the age of seven. (AP Photo/Eric Risberg) Jeff Regan was born with underdeveloped optic nerves and had spent most of his […]
Mayta by Jaime Pesaque, the trendy Peruvian restaurant tucked inside DIFC, is putting its best food forward during Dubai Restaurant Week. The three-course menu includes salmon ceviche, a choice of mariscos or lomo saltado, and tres leches for dessert. The thin slices of salmon in the ceviche are combined with ginger, soy sauce, crispy wontons, black and white sesame seeds, scallions and peanuts, which add a textural […]
If you’ve read the latest headlines about Britain’s tech industry, you’d think the country hadn’t be rocked by the greatest political and economic uncertainty since the Second World War. Not only are UK startups raising record amounts of funding year on year, but tech giants like Amazon are investing and doubling down on the UK economy, as if the mood music was taken straight from a dance scene […]
One of these things is not like the other… The 30Y Yield just dropped back below 3.00% once again and 10Y is back at February lows – what happens next? Despite the exuberance of hope, protection is heavily bid… And if Utility stocks’ demand is anything to go by, bond yields have a long way to fall… Finally – absent the hope-strewn soft-survey data, ‘hard’ data […]
The onset of the Trump era forced economists to confront their doubts about their usefulness to the public. They shared this ordeal with political forecasters, Democrats, logicians and journalists. Maybe we all deserved the anguish. Those economists who remain in a funk should nonetheless snap themselves out of it. One reason is that the sappy self-loathing economist is now embarrassingly cliché. Take it from a sappy self-loathing […]
