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Facebook on Wednesday announced a new program of training, products and tools aimed at further solidifying the social network’s relationship with publishers, which view the Silicon Valley giant as both a firehose of referral traffic and an at-times fearsome adversary. The program’s debut comes days after Facebook hired former TV journalist Campbell Brown to be its head of news partnerships. The initiative (which includes a partnership with […]

To an outsider, it looked preposterous. The archaeologists were cataloging and storing absolutely everything, treating this physical material as though it were digital information — JPEGs of itself. And yet they couldn’t afford not to: Everything a Neanderthal came into contact with was a valuable clue. (In 28 years of excavations here, archaeologists have yet to find a fossil of an actual Neanderthal.) “This is like putting […]

Staff costs are rising faster than beer prices and its market faces intense competition. Still, Hong Kong investors sent Bar Pacific soaring as much as 1,600 per cent on its debut for the best-ever opening day by a pub group anywhere in the world. The group, which specialises in local neighbourhood bars rather than the glitzy city centre offerings more usually associated with Hong Kong, raised HK$45.2m […]

By EconMatters We discuss the Carry Trade, ultimate demise of the European Union, answer viewer questions, touch on the oil market, and dog financial media for the rating`s whores that they truly are in this video. There is some buy the rumor, sell the news effect in the oil market today, but we are still pretty bearish on the fundamentals of the industry, and the current supply […]

By Andrew Osborn | MOSCOW MOSCOW The Kremlin says U.S. intelligence agency allegations it ran an influence campaign to help President-elect Donald Trump win the White House are false. But if U.S. spies are right, Moscow may wish it hadn’t bothered to meddle in the first place. The belief, widely held in the West, that the Kremlin helped discredit Democratic rival Hillary Clinton by orchestrating embarrassing media […]

Withings’ Kérastase Hair Coach analyses the health of your locks as you brush. Image: Withings/Nokia When Nokia said it had no plans to make mobile handsets again, that wasn’t the end of its hardware ambitions: last year it bought Withings, a health devices company headquartered in France, for €170m as its way into the health and fitness market. The deal concluded in June last year, bringing together […]

BEIJING China is set to consolidate five state media companies to create a “modern financial media group” to increase the state’s voice in economic and financial news coverage, the state-run Xinhua news agency said on Wednesday. Since taking power in 2012, President Xi Jinping, who has called for Beijing to take a bigger role in a global governance system, has stepped up media control and scrutiny to […]

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Wednesday 08:30 GMT Overview European stocks and US index futures are lacking momentum, while government bond yields see minimal moves, as traders appear wary of making bold bets ahead of a press conference later in the day from US president-elect Donald Trump. The dollar is steady against the euro but the Turkish lira has hit another record low. Industrial commodity prices mostly are holding recent gains. Hot […]

Bjarni Benediktsson, leader of the conservative Independence Party, is Iceland’s new prime minister. (Halldor Kolbeins/Agence France-Presse) The Panama Papers — a huge leak of documents detailing the alleged secret offshore holdings of a global elite — were released in April 2016. The leak made headlines all over the world, but its impact was probably most keenly felt in Iceland. Just two days after the leak appeared, Icelandic Prime Minister Sigmundur David Gunnlaugsson […]

11 January 2017 Dubai, UAE – Global Jet Centre launched their new and improved website making charter jets choosing easier than ever for a clientele of fast-paced nature. Global Jet Centre’s new website is a practical and customer empowering platform, giving clients independence through the ease of fully learning about, seeing and comparing charter jet services at their own convenience, without having to go through customer service […]

By Engen Tham and Samuel Shen | SHANGHAI SHANGHAI China’s forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan’s prospects to themselves, several bankers said. Both demands are seen as an attempt by the authorities to prevent alarm that could trigger further declines in the yuan, the bankers from […]

Saudi Arabia plans to follow its record breaking debut on global debt markets with an Islamic bond issue in a sale that could come as early as February. The sharia-compliant sukuk will form part of a pipeline of bond sales to finance the kingdom’s budget deficit and invest in economic diversification away from oil and is likely to appeal to regional investors in the Gulf. Last year, […]

Tata Group plans to set up a regional office in South Korea and build a datacentre, reports ChosunBiz. India’s biggest conglomerate is likely preparing for the rise of the connected cars industry in Korea, the report said. Tata Teleservices will set up the office within the month and register as a telco business by March, it said. Tata Group, dubbed “India’s Samsung” by the Korean press, has […]

Jan. 10, 2017 DUBAI, United Arab Emirates– (BUSINESS WIRE/ME NewsWire)  GMO GlobalSign K.K., a leading provider of trusted identity and security solutions and one of the longest established Certificate Authorities in the world, today announced the inauguration of its new office in Dubai. The local entity, GMO GlobalSign FZ-LLC, based in Dubai Internet City, is strategically located to cater to further strengthen GlobalSign’s presence in Asia, particularly […]

The Middle East has given McLaren Automotive, the British manufacturer of luxury sports and supercars, good reason to get revved up with sales soaring last year. Its Middle East, Africa and central and South America region grew by an impressive 69 per cent last year, as the company posted another record year of sales growth. From offices in Dubai, McLaren has expanded into Abu Dhabi. “We continue […]

Uber’s policy chief David Plouffe is leaving the company to join the Chan Zuckerberg Initiative, the philanthropic group led by Facebook founder Mark Zuckerberg and his wife, at a time when Uber’s policy battles around the world continue to heat up. Mr Plouffe, who served as President Barack Obama’s campaign manager in 2008, joined Uber in 2014 and saw the company through some of its fiercest political […]

In a dramatic example of blowback against the establishment in the post-Trumpian world, Hungary announced it plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party, cited by Bloomberg. The European Union member, and native country of Soros, will use “all the tools at its […]

Tuesday, January 10th  2017  DUBAI, UAE: Major infrastructure projects in the Middle East and across Sub-Saharan Africa are increasingly becoming a key investment target for Islamic investors, according to Project & Infrastructure Partner at Jones Day, Nadim Khan. Billions of US dollars’ worth of project capital from the growing Islamic economy is a potential source of investment for the type of mega infrastructure that underpins economic and […]

Your daily guide to community and cultural activities across the Emirates for January 11, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Ajman Wedding fair Attend the opening of The Ajman Palace Hotel Wedding Fair, which features more than 50 vendors, designers and wedding planners from around the country catering to luxury weddings. Following the ribbon-cutting […]

Since the start of the 21st century the South American nation of Suriname, population 540,000, has been riding a commodity boom that yielded major benefits for a country rich in bauxite, gold, oil and bananas. From 2000 to 2014, annual per capita income more than quintupled to almost $10,000. Child mortality fell by a third. A child born there today can expect to live to 70, up […]

The FTSE 100 notched up its longest run of record highs on Tuesday as another low for sterling helped the UK’s blue-chip index outperform European peers. The main London benchmark added 0.5 per cent, up 37.7 points to 7,275.47. It was the FTSE’s ninth consecutive record-high close as well as its 11th consecutive gain, a winning streak it has only equalled three times — in 1997, 2004 […]

The UAE will spend AED600 billion ($163.3 billion) over the next three decades in developing the country’s energy market, with a plan for clean energy to power 50 percent of the sector by 2050. The first unified energy strategy for the UAE has been announced which aims to balance economic needs and environmental goals. In a series of tweets on the official Dubai Media Office feed, it […]

Short-lived compounds like greenhouse gas methane stay in the atmosphere just between a year and a few decades. However, researchers have found that they can cause lingering warmth that can lead to sea levels rising for centuries long after the compounds have been cleared from the atmosphere. In a study published in the journal Proceedings of the National Academy of Sciences, researchers from the Simon Fraser University and […]

Rolls-Royce’s Dubai dealership, AGMC, has overtaken Abu Dhabi to become the brand’s most successful and highest selling dealership in the world during 2016. The region also remained to be the brand’s third largest market despite challenging economic conditions and political uncertainty. Rolls-Royce Motor Cars announced a 6 percent rise in global sales in 2016 compared to 2015, marking the marque’s second highest ever annual sales result and […]

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