In a small West Village theater last week, an audience cheered on the Wu-Tang Clan and Bill Murray as they stole a one-of-a-kind rap album from a capitalist caricature. They were watching the new musical about drug-price gouger, apparent twerp and accused fraud Martin Shkreli. The show is silly, fun and maybe went a little too long, which wasn’t too inconvenient because of its talented cast. (Who […]
Australian enterprise software provider TechnologyOne has announced its enterprise software-as-a-service (SaaS) solution has been certified to the highest standard by the federal government. According to TechnologyOne, it is the first and only company in the country to receive the certification from the government’s Information Security Registered Assessors Program (IRAP), an initiative from the Australian Signals Directorate (ASD) aimed at providing high-quality IT services to government in support […]
18 May 2017, Doha – Qatar Qatar Financial Centre (QFC)’s Legal Department was awarded the Middle East “Legal Team of the Year” in the public sector (government departments, agencies or public bodies) at the Middle East Legal Awards 2017 held in Dubai, UAE. The Middle East Legal Awards are co-hosted by the Association of Corporate Counsel and are the premier legal awards in the Middle East. This […]
Call it the Trump fade? The so-called Trump trade captivated Wall Street after the surprise election of Donald Trump last November. After years of stagnant economic growth in the wake of the financial crisis, the prospect of Mr Trump’s pro-business agenda, combined with Republican control of both executive and legislative branches of the US government, breathed new life into the ageing equity rally, sent the dollar to […]
Mirai DNS Water Torture attack payload, with target domain names redacted Mirai DNS Water Torture distributed denial of service (DDoS) attacks dominated the first quarter of 2017, a report from Akamai has found. According to Akamai’s State of the Internet/security Q1 2017 report, Water Torture attacks using this DNS query vector were first observed on January 11, 2017, targeting several of the company’s customers in the financial […]
Google has unveiled a new kind of standalone virtual reality headset that does not need to be wired to a PC or external sensors to offer more realistic graphics and movement tracking, in the hopes of kick-starting what has been sluggish consumer adoption of the technology. Device makers HTC and Lenovo are working with Google and chipmaker Qualcomm to launch the headsets starting later this year, Google […]
LIMA A former Peruvian governor suspected of arranging bribes from Odebrecht [ODBES.UL] was arrested on Wednesday, while police raided Lima law firms thought to have ties to the Brazilian construction company, the attorney general’s office said. Prosecutors said Jorge Acurio, former governor of the Cusco region, coordinated the payment of $3 million in bribes from Odebrecht to favour the company in a public works contract. He became […]
By Lisa Lambert | WASHINGTON WASHINGTON The U.S. Senate could soon approve a major overhaul of the federal bureaucracy and make lasting changes to regulation of the environment, education, banks and other areas. On Wednesday a Senate committee sent a bill on to the full chamber that, supporters say, will make regulators more accountable to lawmakers and provide greater understanding of how rules affect the economy. The […]
South Carolina state Rep. Rick Quinn used his public office as a multimillion-dollar money funnel that enriched his family’s powerful political empire while doing the bidding of shadowy corporate interests in the Legislature, prosecutors said Tuesday. Misconduct charges handed down as part of the ongoing Statehouse corruption probe paint a picture of influence and greed involving a key cog in one of the state’s oldest and more […]
US stocks were on track for their worst session for eight months on fears that US President Donald Trump’s ability to push through his pro-growth policies will be sidelined by deepening political controversy. The Wall Street benchmark fell 1.3 per cent to 2,369 on Wednesday, shedding all its gains for May, with financial stocks the worst hit as the S&P banks index retreated 3.8 per cent. Shares […]
May 17, 2017 The Islamic Corporation for the Development of the Private Sector (“ICD”), the private sector arm of IDB Group, and JSC “Hamkorbank” have entered into a Joint Strategic Collaboration to finance SMEs in Uzbekistan. Mr. Khaled Al-Aboodi CEO of ICD and Mr. Ikram Ibragimov, Chairman of the Supervisory Board of JSC “Hamkorbank”, signed the financing agreement for the amount of USD12 million. The collaboration will […]
By Yashaswini Swamynathan The S&P 500 and the Dow were headed for their worst day in more than eight months as reports of a leaked memo by former FBI chief James Comey spooked investors, raising questions about whether President Donald Trump tried to interfere with a federal investigation. Trump asked Comey to end a probe into former National Security Adviser Michael Flynn’s ties with Russia, according to […]
This Jan. 14, 2015 satellite image provided by NASA shows the shattered remains of a colossal iceberg known as B-15 on the Ross Ice Shelf in Antarctica. A Dubai firm’s dream of towing icebergs from the Antarctic to the Arabian Peninsula could face some titanic obstacles. Where many see the crumbling polar ice caps as a distressing illustration of global warming, the company sees it as a […]
AMD is plotting a June launch for its EPYC server processor, formerly code-named Naples, as it aims to become a data center leader to go along with its desktop and graphics chips. For AMD, the data center is it’s most promising–and tough to crack–market. Intel dominates the data center, but AMD is betting its architecture and a move to software defined approaches can give it momentum. Now […]
Donald Trump in February asked James Comey, then head of the FBI, to halt an investigation into Michael Flynn, the former national security adviser, according to a memo that the law enforcement official wrote at the time. During a private Oval Office meeting with Mr Comey, Mr Trump said: “I hope you can let this go,” in a reference to the FBI investigation into Mr Flynn, according to […]
The company building out the Australian government’s National Broadband Network (NBN) has revealed purchasing 15,051km of copper cabling to date for the purpose of building out fibre-to-the-node (FttN) connections to some newly built premises, also revealing that a portion of its hybrid fibre-coaxial (HFC) network will be new cabling laid by NBN. In response to Senate Estimates Questions on Notice published this week, NBN has explained that […]
WASHINGTON The U.S. Treasury said it imposed sanctions on Tuesday against five people and five entities accused of providing support to Syria’s government or linked to those previously sanctioned over the Syrian government’s violence against its citizens. Among those put on the Treasury sanctions black list are Muhammad Abbas, a cousin of Rami Makhlouf, a dominant business figure in Syria and himself a cousin of Syrian President […]
For years we’ve written about the fact that Americans, young to old, are lousy savers (see “Retirement Crisis Looms As Average U.S. Household Has Saved $2,500 For Retirement“). Of course, they have to be because how else can a mature economy continue to grow unless every single person levers every asset they own to the maximum extent possible and then spends all of that money? Anything less […]
By Jamie McGeever | LONDON LONDON The global economic, financial and political landscape has never been shakier, but the world’s rich are confident they can steer through the fog of uncertainty in the coming year “without so much as a dent in their finances”, a survey showed on Wednesday. The findings of UBS Wealth Management’s survey of more than 2,800 millionaires in seven countries show a high […]
In today’s world, millennials are always looking for the best that life can afford, from artisan coffee to avocados on everything, but when they need money for items of importance – like bills – they don’t know what happened. Millionaire Tim Gurner decided to call millennials out on this and tell the younger generation like it is. All Artisan Everything Gurner, the Australian native who made his money […]
Doha May 16, 2017 Doha Bank hosted a knowledge sharing event on “Regulatory Changes and Opportunities” on 15th May 2017 at Four Seasons Hotel, Doha, Qatar. The Guest of the Honour in the evening was H.E. Mr. Nassir Abdul-Aziz Al-Nasser, UN High Representative for the Alliance of Civilizations. Mr. Ali Ibrahim Abdullah Al- Malki, Member of BOD of Doha Bank had also graced the occasion. The speakers […]
Investors have accelerated their buying of European financial assets in the wake of Emmanuel Macron winning the French presidency, but a top executive at one of the world’s biggest asset managers cautions that the region’s stock markets aren’t as cheap as they appear. European equity funds enjoyed their strongest week of inflows on record last week — pushing the EuroFirst 300 index up 3.7 per cent this […]
The Internet Society has been closely monitoring the ransomware cyber-attacks that have been occurring over the last couple of days. The malware, which has gone by multiple names, including WannaCry, WannaDecryptor, and WannaCrypt, exploits a flaw in Microsoft Windows that was first reportedly discovered by the National Security Agency (NSA). A group of hackers leaked the code for exploiting this vulnerability earlier this year, and a fix […]
Dubai, 16 May 2017 At ICM Capital LTD, we’re committed to helping our clients transform the way they trade. We know that simply being good for ICM Capital is not enough. We must also be good for our partners and the communities in which we live and work. We’re in a great position to make sure that we set an example in our world of trading. As […]
