Nov 25, 2016 12:35 pm IST We’re going to be live on Facebook at 9.30 a.m. India time Monday discussing India’s ongoing cash crunch and want your questions. The government’s crackdown on the hoarding of notes has left many Indians hungry for cash, and some with sackfuls of large bills they are unable to spend or deposit. Others have found inventive ways to get around the shortage. […]
Updated Nov. 26, 2016 2:23 a.m. ET Fidel Castro burst on the world scene in 1959, spawning the very image of a revolutionary with his scruffy beard, rifle and cigar, ruling Cuba for a half-century while rankling 11 U.S. presidents and helping bring the world to the brink of nuclear war. Mr. Castro, who was suffering from undisclosed illnesses, died at 90 years old, his brother, President […]
WHEREVER you are right now, there’s a very good chance the weather is much nicer in San Diego. California’s second most populous city has long used its relentlessly pleasant climate to lure travelers to attractions like the USS Midway, SeaWorld, more than 90 golf courses and roughly a bazillion miles of beaches and hiking trails. Rarely does a sneak attack of cold or wetness ruin a weekend […]
Updated Nov. 25, 2016 4:59 p.m. ET Saudi Arabian oil officials won’t attend a meeting Monday with their Russian counterparts and others, OPEC officials said, disrupting plans between the world’s two largest petroleum producers to coordinate output cuts meant to elevate slumping crude prices. The move puts renewed focus on the Organization of the Petroleum Exporting Countries to break through an impasse at the 14-nation cartel’s next […]
Johnson & Johnson, the world’s largest healthcare group, confirmed on Friday it is in preliminary discussions with Actelion, Europe’s largest biotechnology company, over a potential deal. Its statement came after days of speculation among investors that J&J had been preparing a bid for Actelion, although the Switzerland-based biotech had earlier warned “there can be no certainty that a transaction will result” from the J&J approach. People close […]
This transcript has been automatically generated and may not be 100% accurate. … much of the past twelve months we’ve seen a precipitous decline in the price of a barrel of light sweet crude … and they use see their dad … Nymex is down forty one point one nine of that this was … well over a hundred … in a tiny segments of soda … […]
BEIRUT: Airstrikes and rockets in northern Syria knocked out two medical centers dedicated to women on Friday and killed at least 12, including two people in one of the health facilities, according to opposition activists, a charity group and a hospital manager. Warplanes and artillery shelling also continued to pound the besieged rebel-held neighborhoods of the northern city of Aleppo as government troops pushed their way from […]
A declining gold market faces a major challenge as a $3.8bn outflow from exchange traded funds over the past 10 days is seen intensifying the liquidation of holdings by investors. Gold has dropped below $1,200 a troy ounce for the first time since February as ETF outflows have risen to their highest level since July 2015. A stronger dollar, higher US yields and a rallying stock market […]
By Nandita Bose and Siddharth Cavale Crowds were thin at U.S. malls and stores on Black Friday morning, formerly the traditional start of the holiday shopping season, and online channels were expected to show the strongest gains in sales over last year. Consumers’ greater interest in shopping online was reflected in glitches for the Macy’s Inc website, which was overwhelmed and forced many customers to wait to […]
Ashley Lane rounds up the winter activities in destinations ranging from Monaco and Manila to Brazil and Antarctica. • Read this and more stories in Ultratravel magazine, out with The National on Thursday, November 24 newslide Monaco Though temperatures are lower than normal, heading to Monaco in December means fewer crowds and lower prices. There are also plenty of festivals and activities to keep visitors busy. Those […]
Saudi Arabia will not attend a meeting with non-Opec producers such as Russia and Kazakhstan on Monday, arguing it is pointless to gather when the 14-member oil cartel has not yet reached a deal itself. Opec ministers are due to meet next week to try and hammer out the details of the first supply cuts since the financial crisis but Iran and Iraq are still presenting potential […]
Hitting the rocks. José Cuervo, the world’s largest tequila maker, has put its planned IPO for up to $1bn on ice because of market uncertainty in the wake of the US elections, according to people familiar with the plans. The company, officially known as Becle, had filed its prospectus with the Mexican stock exchange in September. But the Mexican IPC index has fallen nearly 7 per cent […]
John Hanke arrives at Mijita on San Francisco Bay looking more like a middle-aged indie rocker than the chief executive of a company that this summer was estimated to be making tens of millions a week. His striped flannel shirt is unbuttoned over a T-shirt bearing a compass and the words, taken from a poem in The Lord of the Rings, “Not all who wander are lost”. […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices fell over 1 percent on Friday, dragged by a strong dollar, rising Saudi supplies to Asian clients, and a fall in Chinese imports. Brent crude futures were trading at $48.42 at 0753 GMT, down 58 cents, or 1.2 percent, from their last close, although overall activity was thin after the U.S. Thanksgiving holiday and ahead of the weekend. U.S. […]
Video Wildfires Spread Across Northern Israel Dry conditions and strong winds on Thursday whipped up wildfires near the port city of Haifa in northern Israel, forcing the evacuation of tens of thousands of people, damaging property and devouring forests. By REUTERS and THE ASSOCIATED PRESS on Publish Date November 24, 2016. Photo by Ariel Schalit/Associated Press. Watch in Times Video » JERUSALEM — Parts of the port […]
ABU DHABI // The deaths of three Emirati youngsters in Al Ain this week prompted calls from parents and experts to be mindful of where their children are and to ensure they are safe. Three children from two related families died on Wednesday after falling into a well at one of the family homes. A fourth child, aged 4, was rescued and taken to Al Ain Hospital […]
Your daily guide to community and cultural activities across the Emirates for November 25, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Musical dance Head to Nation Towers and see a performance by Drama Queens as part of the Shop and Win Campaign, which features entertainment, prizes and international acts. Drama Queens is a […]
If there are political similarities in the impulses that led the UK to vote for an exit from the EU and the US for Donald Trump, the market reaction to Wednesday’s collection of British tax and spending measures illustrated the economic differences between the two countries. While Trumponomics has fast become shorthand for a promised programme of tax cuts and infrastructure incentives that could rival the actions […]
Steam Autumn Sale 2016 is officially in gear, discounting a massive 13,999 games. “Sid Meier’s Civilization V: Complete” is 92 percent off, “Just Cause 3: XL Edition” is 75 percent off, “Elder Scrolls V: Skyrim” + Add-ons is 75 percent off, and there are thousands of other titles on sale. ( Steam ) Steam has officially kicked off its annual Steam Autumn Sale, offering massive discounts on […]
Authored by Bonner & Partners’ Bill Bonner, annotated by Acting-Man’s Pater Tenebrarum, Permanently Skewed TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle. Lieutenants in Trump’s army: Bannon, Flynn & Sessions Here at the Diary, we do not […]
So I began dressing, even making coffee, in a shed beside our house. This allowed me to roll from bed and out the door in silence, wearing little more than my underwear. I’d programmed the coffee maker outside to begin brewing precisely nine minutes before my bedside alarm rang. The timing, perfected over weeks, ensured a piping-hot beverage but spared my wife the familiar — but singularly […]
The relentless rise of the dollar scorched emerging market currencies on Thursday, sending China’s renminbi to its weakest level in eight years, while India’s rupee plumbed a record low. Broad currency weakness against the dollar came as the bond market fully expects policy tightening by the Federal Reserve at its December meeting. Investors are also looking to next year and trying to gauge the extent of further […]
While most global equity markets were subdued due to the US Thaksgiving holiday, the FX world was very busy overnight, marked by the relentless dollar surge on expectations of a rate hike not only in December but further in 2017, sending Asian currencies to the weakest level in 7 years: the Bloomberg-JPMorgan Asia Dollar Index reached 103.32, the lowest level since March 2009. The regional FX plunge […]
We have smartphones, wristbands, and of course, smartwatches that are able to read your heart rate. But how about a mouse? Mionix Naos QG, a gaming mouse developed in collaboration with Kickstarter and the Twitch community, is fitted with a Pixart PAH8001E1-2G heart rate sensor, as well as a Galvanic Skin Response (GSR) sensor to measure a player’s emotional state while playing video games. But how does […]
