By Matt Spetalnick | WASHINGTON WASHINGTON President Donald Trump on Tuesday reaffirmed support for the United States’ longstanding security alliances around the world but insisted that friends and partners from Europe to the Middle East to the Pacific must “pay their fair share of the cost.” In his first nationally televised speech to Congress since taking office on January 20, Trump sought to reassure allies still uneasy […]
The Australian National Audit Office (ANAO) has published a request for information (RFI), seeking help to narrow down what IT services the government agency needs to outsource before heading to tender from July next year. The ANAO has labelled the RFI a “mutual discovery process” which it said will allow the ANAO to gain information and insights on providers in the market and in return allow providers […]
28 February 2017 A host of local and international experts discussed the requirements needed for the UAE to successfully establish a Reproduction Rights Organisation (RRO), during the second day of the Emirates Reproduction Rights Forum, which took place yesterday (Tuesday) in Sharjah. Hosted at the emirate’s Flag Island, the concluding activities in the first forum of its kind in the region featured experts on reproduction rights who […]
Domino’s in-app DRU Assist Screenshot: Asha McLean/ZDNet Domino’s has delivered new additions to its Domino’s Robotics Unit (DRU) family, announcing the DRU Platform, an artificial intelligence (AI)-based technology that will allow customers to order a pizza using their voice. As of Monday, customers will be able to use DRU Assist, an in-app AI virtual assistant that was built in partnership with natural language company Nuance. DRU Assist […]
Image by Arafat Uddin (Creative Commons) The financial services industry is undergoing digital disruption and change. Insurance, as part of that industry, also faces new opportunities and challenges. To explore these issues, I spoke with the CIO for Information at Swiss reinsurance giant, Swiss Re. Rainer Baumann handles the data and tools that experts inside the company use to understand and evaluate a broad range of insurance […]
By Steve Holland | WASHINGTON WASHINGTON After a turbulent start to his presidency, Donald Trump goes before the U.S. Congress on Tuesday night to give a speech that will be closely watched for details of his plans for the economy and whether he can strike a more conciliatory tone. World financial markets will be scrutinizing the 9 p.m. (0200 GMT Wednesday) address in the House of Representatives […]
Your daily guide to community and cultural activities across the Emirates for March 1, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Exhibition talk Register […]
First Gulf Bank (FGB) chief executive officer Andre Sayegh on Tuesday said its merger with the National Bank of Abu Dhabi (NBAD) will create a “large and strong” bank that can compete on an international scale. The merger of the two Abu Dhabi-based banks was announced in July last year which when completed by end of first quarter 2017 will create one of the largest banks in […]
This piece was originally published by the Reynolds Journalism Institute at the Missouri School of Journalism. It has been republished with permission. You can join the author for a free Webinar about building trust on Facebook at 2 p.m. Thursday, March 2. Relationships take work. You don’t get intimacy without putting in some time. You don’t ask for favors without offering the equivalent yourself. You earn trust […]
A strong performance in total asset standing at 46 billion QR, driven by a strong growth in the finance portfolio that reached 29.8 billion QR. Customer deposits reached 29.9 billion QR with a 17.7% growth rate. Doha – Qatar, 28 February 2016 Barwa Bank convened its Annual General Meeting (AGM) on Monday the 27th of February 2017, chaired by HE Sheikh Mohamed Bin Hamad Bin Jassim Al […]
Barely a year ago, Vale, the Brazilian mining company, was reeling. Prices of iron ore, its principal export, were at an all-time low, investors were ditching its shares and China — the market on which it most depends — looked as if it was heading for a rapid and uncontrolled slowdown. Fast forward 13 months and iron ore is back in fashion. Vale is producing record amounts […]
South Korean prosecutors have charged Lee Jae-yong, Samsung’s de facto boss, with bribery, embezzlement and other offences in connection with the country’s sprawling corruption scandal. The move on Tuesday is a blow to the leadership transition to the third generation of the founding family of South Korea’s largest conglomerate. The indictment of the 48-year-old vice-chairman of Samsung Electronics, along with four other Samsung executives, comes as the […]
Shortly after breaking the Panama Papers, an international exclusive that shed light on illegal offshore banking around the globe, the International Consortium of Investigative Journalists should have been riding high. Instead, the scrappy cross-border investigative team was facing the dreary prospect of laying staffers off due to a financial squeeze at its parent organization, the Center for Public Integrity. “I did feel a little deflated,” said Gerard […]
BEIJING China plans to target broad money supply growth of around 12 percent in 2017, slightly lower than last year’s goal, policy sources said, signaling a bid to contain debt risks while keeping growth on track. Under its new “prudent and neutral” policy, the People’s Bank of China (PBOC) has adopted a modest tightening bias in a bid to cool torrid credit expansion, though it is treading […]
Early last year Olivier Leprêtre signed a new lease on a €2.7m fishing boat. Then the UK voted to leave the EU — and the trawlerman from Boulogne-sur-Mer on the other side of the Channel is already regretting his decision. “If I’d known Brexit would happen, I never would have signed,” he says, gesturing towards the British coastline just 50km away. “It could crush us.” His fears […]
SoftBank is leading efforts to consolidate the space technology sector with talks to merge OneWeb, the US satellite start-up it backs, with Intelsat, one of the world’s largest commercial satellite operators. Bonds sold by Intelsat surged on Monday after it was reported that the deeply indebted satellite operator was nearing a deal with SoftBank to merge with OneWeb, which raised $1.2bn from the Japanese group and other investors in December. […]
By Afp Published: 17:17 EST, 27 February 2017 | Updated: 17:17 EST, 27 February 2017 The International Consortium of Investigative Journalists gained notoriety last year by publishing leaked documents from Panama that linked some of the world’s most powerful leaders to unreported offshore companies The investigative reporting alliance known for uncovering the massive Panama Papers scandal has become an independent entity, a move that may help it […]
The National Australia Bank (NAB) has announced the appointment of three executives on Tuesday, which includes former New South Wales Premier Mike Baird. Baird will join the bank in the capacity of chief customer officer, Corporate & Institutional Banking, after announcing his retirement from politics in January. Joining Baird at NAB is Patrick Wright, who leaves his tenure as global chief Operations & Technology at Barclays in […]
The near collapse of the €29bn merger between the London Stock Exchange Group and Deutsche Börse was precipitated by the LSE’s decision to aggressively reject concessions demanded by Brussels without warning or consulting its German partner. Both exchanges took turns apportioning blame to EU authorities and obstinate rivals on Monday, making clear the deal once touted as creating a European champion to challenge their larger US rivals […]
Core Durables Goods and Shipments MISS, Pending Home Sales MISS, Dallas Fed ‘Survey’ BEAT… “Never gonna let you down”… 12th Record Dow Close In A Row. One streak was broken today – after 6 straight days of Dow and Long Bond price rises, bonds dropped as stocks rose today… But another streak reached a record high… The Dow has never had a longer streak […]
French government debt has capped its best run since the aftermath of Britain’s vote for Brexit, underlining the rapid shift in investor sentiment towards the country’s presidential election which now looms over financial markets. The yield on the 10-year French bond dropped to its lowest in a month, as money managers and traders continued to take succour after centrist candidate Emmanuel Macron received the backing of potential […]
In a Facebook post, Barbara Tyler is merciless. “Hey, did anyone think of proofreading your headline today before the paper went to press? I am pretty sure Trump did not replace his vice president. Fake news at its best. Sometimes I wonder why I continue to subscribe to your paper.” Tyler was responding to an extraordinary slip-up by The Bryan College-Station Eagle. The Texas newspaper’s top headline […]
Saudi Arabia may increase its domestic gasoline prices by 30 percent from July, industry sources said, part of a reform plan by the world’s top oil exporter to align its fuel prices with global benchmark levels. In December 2015 the kingdom raised the price of 95 octane gasoline to 0.90 riyal ($0.24) per litre from 0.60 riyal. However, that still kept Saudi Arabia among the countries with […]
The Center for Public Integrity officially announced the spinoff of The International Consortium of Investigative Journalists (ICIJ) today. “We’re intensely proud of the success of the consortium and also proud to have birthed it, nurtured it and sustained it for nearly two decades,” said John Dunbar, chief executive officer of the Center for Public Integrity. “We wish them nothing but continued success.” The ICIJ has tremendous momentum and […]
