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Dubai boat show confirms international shipyard line-up for November // Meraas showcases five residential zones at Dubai Design Week // Pinarayi faults UDF over mounting road crashes // Utilities pursue ₹1,992 cr in unpaid bills // UK air traffic outage inflicted £33m financial losses // Vance attributes Republican midterm defeats to Iran conflict // Govt opposes Arlekar’s PSC action // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Kochi police detain two actors over bid to honey trap doctor // Ousted top Kochi cop gets IG post // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // APT29-linked campaign exploits outdated Apple and Android software // Emirates Group records AED 4.1 billion half-year profit // OpenAI identifies 948 Linux privilege escalation flaws using AI // Hong Kong mandates crypto transaction disclosures to tax authorities // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Cyberport Venture & Capital Forum 2026 Grand Opening // Oil and chip shares retreat after Democratic victories //

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By David Shepardson | WASHINGTON WASHINGTON A federal judge said on Thursday that Volkswagen AG (VOWG_p.DE) has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0-liter polluting diesel vehicles, a key hurdle to resolve the German automaker’s emissions scandal. U.S. District Judge Charles Breyer did not disclose the amount of owner compensation, which is not included in a $1 billion […]

As journalists grapple with the rise of fake news, it’s worth examining what happens when policymakers embrace misinformation instead of evidence when it comes to climate change. In September, YourNewsWire breathlessly told its readers that thousands of scientists had declared climate change “a hoax.” This was big news — at least on Facebook — where the YourNewsWire post was shared more than 550,000 times, making it the […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. The economy, however, remains on solid footing as other data on Thursday showed new orders for capital goods rising last month amid demand for machinery, indicating […]

Submitted by Simon Black via SovereignMan.com, In the late 1400s, the city-states of Italy were among most dominant powers in the world. Most of the city-states had abandoned the feudal system that persisted across Europe. So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and become wealthy. People could start businesses and own private property– revolutionary […]

WASHINGTON The U.S. Department of Homeland Security said on Thursday it is canceling an inactive registry program for visitors from countries where extremist groups are operating, a plan similar to a Muslim registry considered by President-elect Donald Trump. The National Security Entry-Exit Registration Systems program, known as NSEERS, was suspended in 2011, DHS spokesman Neema Hakim said in a statement. He said the program was determined to […]

Law Blog rounds up the morning’s legal news: Repeal rejected: A bipartisan agreement to repeal North Carolina’s transgender bathroom law fell apart Wednesday, after Republican legislative leaders required a late addendum of a six-month “cooling-off” period for local policies that Democrats said was a violation of a hard-fought deal. [WSJ, Charlotte Observer] Goldman and 1MDB: Investigators are trying to determine whether Goldman Sachs had reason to suspect […]

By Claire Milhench | LONDON LONDON Global investors’ equity holdings rose to six-month highs in December on bets that U.S. President-elect Donald Trump’s promised fiscal splurge would spur higher growth and inflation, a Reuters monthly poll showed on Thursday. Trump’s plans to cut taxes and boost spending have sent Wall Street .DJI .IXIC to record highs in December as investors pile into everything from banks, to energy […]

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Google and Apple are the most valuable companies in the world, and undoubted winners from the smartphone boom. In their wake lies Nokia’s handset business, which was sold to Microsoft and later wound down. But, when it comes to defending themselves against the arsenal of patents Nokia built up in its years at the top, the US tech giants want the world to view them as victims […]

By Michelle Martin and Michael Nienaber | BERLIN BERLIN Investigators found fingerprints of a Tunisian suspect in the Berlin Christmas market attack on the door of the truck that ploughed through the crowds, killing 12, German media said on Thursday, as a nationwide manhunt for the migrant was underway. Islamic State has claimed responsibility for the attack in which a truck smashed through wooden huts selling gifts, […]

Trump officials — as well as Beach and Hicks — initially stayed silent, ignoring repeated requests for comment. But on Tuesday, the Trump transition team issued a statement. It read: “The Opening Day event and details that have been reported are merely initial concepts that have not been approved or pursued by the Trump family. Donald Trump Jr. and Eric Trump are avid outdoorsmen and supporters of […]

2016 was fact-checking’s finest year [1]. No it wasn’t, it was the year of “post-truth” [2] — some preferred “post-fact” [3] — and fact-checking is a fool’s errand. The discussion about facts in journalism worldwide has rarely been as fractured and animated as it has been in 2016, so we collected 366 links, one for each day of the year, to try and make sense of what […]

The man being sought in connection with Monday’s attack on a Berlin Christmas market had been under police surveillance for months on suspicion of planning a terrorist attack, but later fell off the authorities’ radar screen. A manhunt was under way across Europe on Thursday after German authorities issued an appeal for information about the suspect, a 24-year-old Tunisian man, Anis Amri. Germany’s federal prosecutor put out a Europe-wide […]

BERLIN German police on Wednesday intensified a manhunt for the driver of a truck, who killed 12 people when he mowed into a Berlin Christmas market, and said they were following a number of good leads. After releasing a Pakistani asylum-seeker arrested near the scene, authorities warned that the attacker is on the run and may be armed. They have also said it is unclear if the […]

SYDNEY The U.S. dollar held near 14-year peaks on Wednesday as global yield spreads moved inexorably in its favor, while a falling yen lifted Japanese shares to a one-year top. The Nikkei .N225 added 0.3 percent in thin trade, while Australia’s main index climbed 0.6 percent to its highest in 17 months after Wall Street racked up more records. Japan’s government upgraded its overall assessment of the […]

A draft law to approve the federal budget for next year – which estimated expenditure for the year at Dh48.7 billion and revenue at Dh47.696 billion – was passed by the FNC on Tuesday. Before going through the law’s details, members of the council voiced their concerns over some issues, among them that 85 to 90 per cent of one of the sub-budgets was allocated to employee […]

A lawsuit has been filed against Google by one of its employees, alleging the company’s policies improperly muzzle workers. The suit, posted on the website of the plaintiff’s lawyer, challenges the legality of Google’s policies and seeks damages for 12 alleged violations of California labor code under the state’s Private Attorneys General Act. The case was filed by Google product manager identified only as “John Doe,” who […]

By David Alire Garcia and Lizbeth Diaz | MEXICO CITY MEXICO CITY At least 27 people died and at least 70 were injured in an explosion at a fireworks market outside the Mexican capital on Tuesday, local authorities said. The blast was the third to strike the popular San Pablito marketplace in Tultepec, about 20 miles (32 km) north of Mexico City, in just over a decade. […]

At least 26 people were killed and some 70 injured in a huge explosion at an open-air fireworks market in Mexico as shoppers stocked up on bangers and rockets for the holidays. The blasts ripped through the San Pablito fireworks market in the manner of a chain reaction on Tuesday afternoon. With about 300 stalls, the fireworks market, in the town of Tultepec in the central State […]

A lawsuit filed in federal court this week is the latest attempt to hold internet giants liable for the deaths of Americans and others murdered by terrorists. Reports the Orlando Sentinel: Family members of three men killed in the Pulse nightclub attack are suing Twitter, Facebook and Google, claiming that the social media companies allowed […] (via WSJ)

By Melissa Fares and David Lawder | WEST PALM BEACH, Fla./WASHINGTON WEST PALM BEACH, Fla./WASHINGTON U.S. President-elect Donald Trump plans to put his pick for Commerce Secretary, billionaire investor Wilbur Ross, in charge of his get-tough trade policy, a transition team spokesman said on Tuesday. It is a signal of how Trump, who is also interviewing candidates to be the U.S. Trade Representative (USTR), plans to elevate […]

Tuesday 19:45 GMT Overview A robust session for US equities saw the Dow Jones Industrial Average climb to within a whisker of the 20,000 milestone as participants shrugged off geopolitical concerns and focused on the prospect of stronger growth under the presidency of Donald Trump. The “risk-on” mood in the markets left US Treasury prices and gold lower while the yen — viewed by many as a […]

The UAE’s Federal National Council on Tuesday endorsed the budget for 2017, set in late October by the Cabinet at AED48.7 billion ($13.3 billion), with a prime focus on education, social development and health. The budget is a marginal rise on the AED48.5 billion budget set for 2016, suggesting UAE authorities remain cautious about spending as low oil prices pressure state finances. The approval came at a […]

BERLIN A man arrested on suspicion of killing 12 people by mowing through a Berlin Christmas market in a truck has been released, the Chief Federal Prosecutor’s Office said on Tuesday. “The investigation up to now did not yield any urgent suspicion against the accused,” the prosecutor’s office said in a statement. The prosecutor’s office said the suspect had made extensive statements during a police hearing, but […]

BLOOVO.COM identifies key areas of regulatory focus to help SMEs take on job creation and national economic expansion role Dubai December 20th, 2016 With the oil price slump creating a USD 275 billion export shortfall for GCC countries, regional governments are prioritising economic diversification. Accelerating SME sector growth is an integral element of this economic strategy, says a new report by WWW.BLOOVO.COM . www.BLOOVO.COM’s research shows that SMEs […]

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Just in:
Utilities pursue ₹1,992 cr in unpaid bills // Private varsities bill all set to face the axe // UK air traffic outage inflicted £33m financial losses // Govt opposes Arlekar’s PSC action // Anthropic to prohibit persistent abuse of Claude chatbot // APT29-linked campaign exploits outdated Apple and Android software // Middle East governments assess Iran war after US vote // Kochi police detain two actors over bid to honey trap doctor // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Emirates Group records AED 4.1 billion half-year profit // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // SC to examine students’ exam plea today // Pinarayi faults UDF over mounting road crashes // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // TVM –Mangaluru Vande Bharat claims top spot // Meraas showcases five residential zones at Dubai Design Week // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Dubai boat show confirms international shipyard line-up for November //