Yep, that’s a Samsung Galaxy phone. (Image: file photo via Twitter) Donald Trump’s phone was a national security risk. Now he has a new one. With just days before his inauguration, the president-elect was handed a new locked-down device, just like his predecessor. Per a note in The New York Times, Trump has traded in his Android phone for “a secure, encrypted device approved by the Secret […]
Helena Grech from Strasbourg Wednesday, 18 January 2017, 13:08 Last update: about 2 days ago Nationalist Party and European People’s Party MEP David Casa professed that he is “embarrassed” of his government over its role and handling of the Panama Papers scandal. His comments were made during a plenary session following the Prime Minister’s address at the European […]
A president-elect’s Cabinet choices provide an early and often-illuminating marker of where the new administration is headed in both tone and policy. The confirmation process is an enduring slice of Washington Kabuki theater, complete with contentious hearings and the thrust-and-parry of politicians scurrying to make their partisan points. But even by the usual standards, Donald Trump’s Cabinet-level selections and their hearings are displaying a stunning level of […]
A little-remarked shift of how the cloud is used and who uses it is well underway – and it could be music to your ears. Low-hanging fruit When cloud services first started, and for some considerable time afterwards, cloud services providers concentrated, quite naturally, on the low-hanging fruit. The battleground was centred around key but generic applications such as email, office productivity and storage, which quickly became […]
21 January 2017 Dubai – LABTEC LLC, a leading player in design, manufacturing, installation and commissioning of laboratory furniture and a part of Masharie LLC – a subsidiary of Dubai Investments PJSC, has won projects worth AED 11 million in the UAE and Eritrea to supply and installation of laboratory furniture and fire-rated doors. The new projects won by LABTEC include an AED 6.6 million contract for […]
By Pamela Barbaglia and Arno Schuetze | LONDON/FRANKFURT LONDON/FRANKFURT U.S. banks Morgan Stanley (MS.N) and Citigroup (C.N) have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters. Morgan Stanley, which bases the bulk of its European staff in Britain, will have to move up to 1,000 jobs in sales […]
January 22, 2017 by: George Parker, Political Editor Theresa May will urge Donald Trump not to undermine European unity when she meets him in Washington within days, insisting that Britain sees a strong EU as a crucial partner on both economic and security issues. The White House announced on Saturday that Mrs May would meet with Mr Trump on Friday, making her the first foreign leader to […]
When it comes to the future of bitcoin, the “holy grail” has emerged as becoming the first to have a bitcoin ETF approved by the SEC. Over three years ago, in 2013, the company of the Winklevoss twins, Cameron and Tyler, Winklevoss Capital Management LLC, launched the first proposed bitcoin ETF, the Winklevoss Investment Trust, looking to trade on the HFT-dominated BATS exchange. The SEC is expected […]
Almost 40 years ago, German audio specialist Sennheiser set its engineers an ambitious task: to create the world’s best headphones, irrespective of cost. By 1991, the task was complete and the legendary Orpheus HE90 launched for sale with a price tag of $16,000 – about $28,000 in today’s currency. Fast-forward two decades, and Sennheiser has done it again. Its updated version of the HE90, the Orpheus HE1, […]
While the year ahead could prove to be a bumpy one for global financial markets amid ongoing political and policy risks, there is reason for optimism over the outlook for stocks in the Middle East and North Africa (MENA) region. Compared to 2016, a number of structural tailwinds should give investors greater confidence in MENA’s fundamentals. The implementation of major fiscal and capital market reform throughout the […]
By Jessica DiNapoli | NEW YORK NEW YORK A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its debt of about $6 billion after efforts to sell […]
A powerful bomb blast on Saturday in a busy market of a remote Pakistani region near the Afghan border killed at least 21 people and injuring more than 40 others. The bomb was placed in a box of vegetables in a market at Parachinar city and exploded during the early morning rush hour. Responsibility for the attack was claimed by the Pakistan Talibaan and Lashkar-e-Jhangvi [LeJ], a […]
Newly elected EU Parliament President Antonio Tajani has indirectly rejected claims that he backtracked on his position about the Panama Papers scandal in Malta from almost a year ago, saying that his new position as EP President precludes him from divulging his personal opinion on the matter. He also claimed that he will be willing to speak about the Panama Papers scandal after the […]
By Noel Randewich | SAN FRANCISCO SAN FRANCISCO U.S. President Donald Trump’s administration is only hours old, but already a small parade of S&P 500 companies’ chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits. In the days ahead of Friday’s inauguration, senior executives from Morgan Stanley (MS.N), Delta Air Lines (DAL.N) and other major U.S. corporations said the […]
In 2015, Malian businessman and former interim prime minister Cheick Modibo Diarra told Arabian Business: “When it comes to investment…Africa really is the last frontier. Be it agriculture, energy production, extraction of gold and diamonds, or oil and gas, we have a lot of opportunities and a young workforce that understands how business works.” He was speaking at a time when interest in Africa among Middle East […]
President Trump’s brief inaugural speech was a declaration of war against the entirety of the American Ruling Establishment. All of it. As Paul Craig Roberts details, Trump made it abundantly clear that Americans’ enemies are right here at home: globalists, neoliberal economists, neoconservatives and other unilateralists accustomed to imposing the US on the world and involving us in endless and expensive wars, politicians who serve the Ruling […]
By Jamie McGeever and Marc Jones | LONDON LONDON For financial markets, the Trump era begins on Monday, and if history is any guide the following month should be a rocky one for Wall Street but positive for the dollar. The S&P 500 .SPX has fallen a median 2.7 percent in the month after each new president has taken the keys to the White House since Herbert […]
Donald Trump launched a promised assault on “burdens” imposed by government within hours of becoming US president on Friday by moving to loosen rules tied to Obamacare and halting the introduction of any new regulations. Between the end of the daytime inaugural parade and the start of evening balls, the Trump administration took its first major policy moves by ordering government agencies to do all they could […]
Donald Trump’s November victory ignited the steepest rally from election day to inauguration for a first-term president since John F. Kennedy won the White House in 1960. The charts below tell the tale of the vigorous, and in many ways unexpected, reaction to the rise of the billionaire property developer to the pinnacle of American politics. The S&P 500 index, a broad measure of the performance of […]
NEW DELHI: India and 29 countries discussed their findings on investigations arising from the Panama Papers, including the role of tax intermediaries such as financial institutions and advisers in tax evasion. The two-day meeting of the Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) in Paris saw revenue authorities of 30 countries sharing their best practices and information based on legal instruments under the tax treaties […]
By Steve Holland | WASHINGTON WASHINGTON Donald Trump took power as the 45th president of the United States on Friday and pledged to end what he called an “American carnage” of rusted factories and crime in an inaugural address that was a populist and nationalist rallying cry. Striking a defiant tone, Trump said American workers have been devastated by the outsourcing of jobs abroad. “From this day […]
Friday 21:00 GMT Overview Financial markets gave a relatively muted response to Donald Trump’s inaugural speech as US president, with US stocks edging higher, Treasuries putting in mixed performances and the dollar easing back against its main rivals. Oil prices rose sharply amid hopes that producers would show compliance to a global deal to cut output. Gold initially struggled for traction but held above the $1,200 an […]
British investigators have opened “fresh lines of inquiry” into bribery and corruption at several companies, thanks to evidence gathered in a four-year investigation into illegal behaviour at Rolls-Royce. Ben Morgan, joint head of bribery and corruption at the Serious Fraud Office, told the Financial Times that information collected on a network of corrupt middlemen operating on behalf of Rolls-Royce and other companies was being pieced together “not […]
It’s official: at exactly noon on January 20, Donald Trump was sworn in as the 45th president of the US. Supreme Court Chief Justice United States John Roberts administered the oath of office to Trump, as he vowed to “faithfully execute the Office of the President of the United States.” As he took the oath, Trump placed his hand on the Bible used by President Lincoln at […]
