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Japan’s Nikkei advances as buyers return after sell-off // ADNOC Gas quarterly profit doubles to $1.34 billion // Microsoft 365 Family cuts combined storage to 2TB // California electorate defeats proposed levy on billionaire wealth // Toyota Land Cruiser 2025 and 2026. What Each Trim Costs in the UAE // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // US relocates tankers from second British base amid threats // GCC defence ministers discuss military coordination amid Iran conflict // Moonless skies improve stargazing conditions across northern Saudi Arabia // Canada seeks tariff easing following US election upheaval // Abu Dhabi unveils restored Porsche from royal motorcade // Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // Flydubai Dammam cancellations persist as Etihad extends suspensions // OnePlus 16 India debut reconsidered amid launch discussions // Google Health introduces blood pressure logs and glucose overlays // FinCEN identifies $8 billion in suspect overseas payments // North Korean hackers channel Binance funds through fake tokens // Dubai approves airport Metro link for 2031 opening // Thai Airways discloses 60,529 records exposed through Amadeus // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues //

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With so many respected newsrooms still adjusting to having the president call them “enemy of the American people,” next week’s announcement of the 2017 Pulitzer Prizes feels like a showdown. What will the winning journalism say about the press’ value to the public? We’re about to find out. Pulitzer selections reflect a closed-door, two-step process at New York’s Columbia University, which administers the prizes. Jurors from around […]

Abu Dhabi, 2 April 2017: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been named the Best Islamic Financial Institution in the UAE by Global Finance Magazine, one of the world’s leading finance and banking publications. Now in its 10th edition, the Global Finance Magazine awards are bestowed on banks that provide best in-class Shariah-compliant banking services and solutions, utilize modern and efficient channels to […]

To Jeremy Grantham, co-founder and chief investment strategist of the Boston asset manager GMO, the earth’s changing temperature is an investment imperative as well as a question of ethics.  “The climate is moving much faster than people think, and the responses are going to move much faster as well”, he says, arguing that measures to help polluters announced last week by the administration of Donald Trump may […]

The number of data breaches in the Middle East has risen 16.67 percent since 2015 as hackers become increasingly sophisticated, according to research. New data from global cybersecurity firm Gemalto found that approximately 45.2 million data records in the Middle East were compromised in 2016, compared to 38.5 million in the previous year. Globally, 1.4 billion data records were compromised in 2016 as hackers targeted large-scale databases […]

Some of the region’s leading female filmmaking talent gathered at the film and TV industry trade show Cabsat at Dubai World Trade Centre last week to talk about their careers and the challenges they face. They were assembled by ­Japanese camera ­manufacturer Canon to help promote the local launch of its new C700 ­cinecamera. Encouragingly, none of those we spoke to felt they had been passed over […]

China’s Huishan Dairy raised millions of dollars by selling shadow bank products labelled as “low risk” to the public last year, only months before missed loan payments sent creditors scrambling to protect themselves, according to exchange listings in north-east China. Huishan’s share price plunged 85 per cent in Hong Kong on March 24 amid reports — which the company denies — that chairman and controlling shareholder Yang Kai embezzled Rmb3bn […]

I still remember where I was when the Panama Papers were released to an astonished world. I’d been at a friend’s birthday in Oxford, and I was driving back to London on the Sunday evening. As the T20 cricket World Cup Final reached its conclusion, I pulled into a motorway service station just outside London, ready to celebrate England’s win. Sadly, we managed to snatch defeat from […]

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Here are the main questions facing markets as a new trading week and the start of the second quarter beckons. What are the likely drivers?A host of market-moving events confront investors as the calendar flips over to April. These include France’s presidential elections and the opening salvos of the UK’s divorce from the EU. But there is also the prospect of a sustained recovery in global activity, […]

Police came knocking on Ahmet Altan’s door at 6am. After searching his house, they bundled the journalist, who is one of Turkish president Recep Tayyip Erdogan’s fiercest critics, off to jail. Mr Altan has remained behind bars for some 200 days — except for one day when he was released and then rearrested after criticising the government again. And in that time, his lawyers have struggled to […]

Paris: The Panama Papers have given ammunition to the fight against tax evasion, but much still needs to happen before the world’s tax dodgers run out of places to hide money, experts say. The papers, published a year ago, linked some of the world’s most powerful leaders, including Russian President Vladimir Putin and former British prime minister David Cameron, as well as sports stars and billionaires to […]

By Jonathan Spicer | NEW YORK NEW YORK The Federal Reserve could begin shrinking its $4.5-trillion balance sheet as soon as this year, earlier than most economists expect, New York Fed President William Dudley said on Friday in the central bank’s most definitive comments on the question that looms over financial markets. The hawkish-sounding assertion temporarily pushed the dollar lower and raised yields on longer-dated bonds, and […]

Like many Hong Kongers with family and business ties in mainland China, Ceci Chong would often carry cash back across the border — until she was stopped last summer by a Chinese customs officer. She was caught bringing Rmb100,000 ($14,500) in family savings to Hong Kong — five times the cash limit imposed by China. Her case was part of a crackdown on “financial ants”, who smuggle […]

This story is a collaboration between Kaiser Health News and the Center for Public Integrity.  The Justice Department has joined a California whistleblower’s lawsuit that accuses insurance giant UnitedHealth Group of fraud in its popular Medicare Advantage health plans. Justice officials filed legal papers to intervene in the suit, first brought by whistleblower James Swoben in 2009, on Friday in federal court in Los Angeles. On Monday, they sought a […]

By David Shepardson | WASHINGTON WASHINGTON Comcast Corp, Verizon Communications Inc and AT&T Inc said Friday they would not sell customers’ individual internet browsing information, days after the U.S. Congress approved legislation reversing Obama administration era internet privacy rules. The bill would repeal regulations adopted in October by the Federal Communications Commission under former President Barack Obama requiring internet service providers to do more to protect customers’ […]

It can be a lonely business working outside a traditional office environment as a freelancer, independent professional or start-up entrepreneur. Given the costs associated with renting a commercial space, a popular option many choose in those circumstances is to build their empire from home. But while it can save money, this approach has downsides, not least when workers need quick access to a scanner, 3-D printer or […]

Kuwait City, April 1st 2017: KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, acted as the acquisition advisor to Qurain Petrochemical Industries Company KSCP (“QPIC”) on the acquisition of 20.5% of National Petroleum Services Company KSCP (“NAPESCO”). The transaction has been successfully completed throughout multiple stages that was initiated in the third quarter of 2016 and finalized in March […]

By Rodrigo Campos | NEW YORK NEW YORK Forget the jobs report. The most interesting bit of U.S. economic data next week is Monday’s auto sales release, which will offer a measure of the middle-class consumer and a sector of the stock market that has had a rough ride so far in 2017. Economists are looking for another solid month of sales north of 17 million new […]

Once upon a time Washington was simple: on one hand you had Republican interests, on the other: Democrats, and inbetween them perhaps, the occasional independent or “green.” Now… it’s less simple. At last check, DC currently boasts at least nine different parties, groups, factions or ideologies. Which is why keeping track of who wants what, and how the various groups allign, in US politics has become quite […]

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. There is dumb provocative, which we can associate with talk radio and President Trump’s tweets, and there is smart provocative. Nieman Lab offers the latter as it wonders if the media and American banking are soulmates when it comes to […]

It’s no secret that vending machine offerings are not always the healthiest options for snacks and drinks. As one of the most convenient means to get a quick fix, vending machines are often the sources of high calorie snacks when you’re on the go. According to a new study funded by the National Institutes of Health, the simple act of making people wait for your snack in […]

TOKYO Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Google have joined bidding for Toshiba’s (6502.T) NAND flash memory unit, vying with others for the Japanese firm’s prized semiconductor operation, the Yomiuri Shimbun daily reported on Saturday. Toshiba shareholders on Thursday agreed to split off its NAND flash memory business, paving the way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges […]

Damac Properties has announced that its in-house mortgage department has so far facilitated home financing worth AED600 million ($163 million) for hundreds of units across the UAE.  Damac Properties said in a statement that it is the only luxury developer in the Middle East that has a dedicated one-stop-shop to provide direct support for existing and new customers. The developer said this is done by evaluating customers’ […]

A handful of companies on Friday filed to go public, bolstering expectations of a strong second quarter for the US listings market after the float of Snap, the owner of the messaging app. The market for initial public offerings is heating up after a slow period. With 111 deals, last year was the weakest one for US IPOs since the aftermath of the financial crisis in 2009, […]

Those risks have been amplified by President Trump, whose administration has said it is “putting Iran on notice.” The tough talk from Washington has given early movers like Total pause, raising concerns as to whether long-awaited opportunities will materialize, or if the Trump administration will take a harder line and tighten already-complex rules on doing business with Tehran. Continue reading the main story Some major global companies […]

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Just in:
Singapore introduces AI scam alerts for messaging conversations // Iran displays school strike memorial at COP31 summit // Jailbroken AI agent targets European telecom infrastructure // Google Health introduces blood pressure logs and glucose overlays // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // Japan’s Nikkei advances as buyers return after sell-off // Messi secures consecutive MLS Golden Boots with 26 goals // Flydubai Dammam cancellations persist as Etihad extends suspensions // France identifies Iranian Guards as supermarket hacking suspects // California electorate defeats proposed levy on billionaire wealth // Toyota Land Cruiser 2025 and 2026. What Each Trim Costs in the UAE // Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // Moonless skies improve stargazing conditions across northern Saudi Arabia // OnePlus 16 India debut reconsidered amid launch discussions // FinCEN identifies $8 billion in suspect overseas payments // Abu Dhabi unveils restored Porsche from royal motorcade // Canada seeks tariff easing following US election upheaval // Google school AI search policy draws Senate challenge // Microsoft 365 Family cuts combined storage to 2TB // ADNOC Gas quarterly profit doubles to $1.34 billion //