The London Metal Exchange, facing falling trading volumes and tougher competition, plans to ask its members to evaluate wide-ranging reforms that are intensifying a robust internal debate over its future. The 140-year institution is set to outline proposed reforms in the coming weeks, evaluating almost all aspects of its business, including whether it should become more similar to rivals such as the CME Group, the world’s largest […]
I read a quote that said: “If you think you’re too big for the small jobs, then maybe you are too small for the big jobs.” The quote was a play on words to state that someone who thought certain types of work were below them didn’t have the mentality, maturity, or experience to earn a high-profile job. We have two problems in the Gulf countries when […]
Wrapped warmly against the cold, a group of runners set off for the barren white landscape for one very cool race – the North Pole Marathon. Some 50 running enthusiasts from around the world braved harsh conditions for Saturday’s 42.2-km (26.2 miles) race on the frozen ice of the Arctic Ocean, staged at the Barneo Ice Camp. Wearing balaclavas, goggles, gloves and layers of thermal clothing, participants […]
The narrative of shiny Silicon Valley topping decrepit Detroit in the race to develop self-driving cars has become a recurring theme in recent years. Just as tech companies have reinvented (dare we say, disrupted?) everything from telephones to how we consume music, the thinking goes, so too will they leave traditional automakers in the dust when it comes to autonomous cars. While it’s true that […]
Bali, the Indonesian island with picture-perfect natural landscapes and rich culture is a favourite amongst travellers from all over the world for a reason. Boasting serene beaches, volcanic mountains and scenic rice paddies, the isle east of Java is not only a visual treat, it also presents visitors with a buzzing art scene, delectable cuisine and recreation like no place else. Far off from the tourist hotspots […]
DUBAI // The UAE’s youth have the will, knowledge and culture to carry the vision of the country’s leadership into the future, said Dr Anwar Gargash, Minister of State for Foreign Affairs. Addressing Emirati youth at an open dialogue session to encourage political participation, held at Etihad Museum, Dr Gargash answered questions on the challenges facing the country and the running of the Federal National Council. “Young […]
It isn’t the first time that imprisoned Palestinian activist Marwan Barghouti has written a controversial comment-article for a major newspaper in the United States. In fact, it isn’t even the first time that, in giving him a platform in the western media, an American newspaper has glossed over some details of the life of a man who is now 13 years into five life sentences handed down […]
US mortgage group Ocwen has lost more than half its market value after the Consumer Financial Protection Bureau sued it over “systemic” misconduct, a reminder of the power wielded by the Washington regulator that Republicans have vowed to rein in. Several states are also taking action as they prepare to revoke operating licenses for the New York-listed company, which was founded in 1988 and employs more than […]
Some Samsung Galaxy S8 units apparently have a red tint on their display, but Samsung does not consider it a defect — more like an easily adjustable detail. For those unfamiliar with the matter, the Galaxy S8 is not set to go on sale in the United States until April 21, but it already launched in Samsung’s home country of South Korea on April 17. The smartphone had […]
At Creative Strategies, we have been researching millennial tech habits and demands for about five years. We recently did a survey with millennials, which challenged some notions you might have about this generation. In an essay that first ran on our blog, my son Ben shared what he found. – Tim Bajarin A core thesis we have about the future of technology here at Creative […]
Jose Vicente Salazar, ERC chairman and CEO (File photo from Philippine Daily Inquirer) The chair of the Energy Regulatory Commission (ERC), Jose Vicente Salazar, may have to face his battles alone after the four commissioners of the agency tasked with regulating the power industry on Thursday brought a complaint against him to the Civil Service Commission (CSC). In a joint affidavit, ERC Commissioners Alfredo Non, Gloria Victoria […]
Wall Street still exudes widespread optimism that 2017 will provide another year of solid if unspectacular economic growth and only gentle interest rate rises. With the S&P 500 up over 4.5 per cent for the year, here is a series of charts that will hearten investors of a more bearish persuasion. While there are good reasons why each chart should not be taken too seriously, together they […]
By Jake Spring | SHANGHAI SHANGHAI When Chinese automaker GAC Motor was preparing to enter the United States market it foresaw challenges in product localization and regulation, but didn’t see any issue with the name of its flagship brand, Trumpchi. Executives at the firm and its parent Guangzhou Automobile Group (601238.SS) say they may now change the Trumpchi brand – which was meant to sound like its […]
You put the key in the front door, open it, step inside … and you’re home. Here, in the entrance hall, you have the first glimpse of the space in which you live. It’s the first area visitors and guests see, too. And yet the hallway is often neglected, relegated to a thoroughfare not worthy of a well-thought-out decorating plan. But the fact that it’s a functional […]
A few months ago, staff at The Minneapolis Star Tribune did something journalists don’t always have the time to do: think way ahead. One year in advance, staff photographers shot images of the Minnesota winter for next winter’s StarTribune Magazine. The quarterly magazine debuted Sunday, marking a new product for a newsroom that’s worked hard over the last year to become more digital. But that new product […]
It’s springtime. Flowers are blooming, birds are chirping, and love is in the air. That can only mean one thing: It’s time to send pictures of your bits and pieces! If you’ve ever used your phone to send someone special a picture of your thing(s), you’re not alone. Data shows that sexting is a highly popular pastime enjoyed by men and women alike. As you […]
By Roberta Rampton | JAKARTA JAKARTA U.S. Vice President Mike Pence toured Southeast Asia’s largest mosque on Thursday during a visit to Indonesia, calling the Muslim-majority nation’s tradition of following a moderate form of Islam “an inspiration to the world”. Pence, an evangelical Christian, has sought to use his trip to soften some of the harsher edges of rhetoric about the Muslim world used by U.S. President […]
Abu Dhabi Fund for Development (ADFD) has announced a contribution of AED330 million ($89.8 million) to implement development projects and programmes in key sectors in Somalia, particularly infrastructure and transport. The funding underpins efforts to improve public services, create new job opportunities and ensure stability and social development, state news agency WAM reported on Wednesday. It said the contribution aims to help Somalia overcome the economic challenges […]
By Adam Jourdan | SHANGHAI SHANGHAI German sports apparel brand adidas AG (ADSGn.DE) expects its huge operating margin in China to shrink slightly in the long term, while its small U.S. margin grows markedly in the near term, its new chief executive officer said on Thursday. Kasper Rorsted, on his first visit to China since taking the helm in September, said adidas’ margin in Greater China of […]
French telecom company Orange is launching a bank this Summer in France. Orange CEO Stéphane Richard listed some of the features behind Orange Bank this morning at a press conference. And let’s just say that it doesn’t sound as groundbreaking as the company thinks. Just like N26, Revolut and others, you’ll be able to control your payment card directly from your phone. Transactions will show up instantly […]
Poland’s NC Cyber director Juliusz Brzostek: “Our role is to secure national assets, which means that we protect key services.” Image: Bogdanski/NC Cyber With the NIS directive on protecting national network and systems in place since last year, EU countries are now having to streamline their cybersecurity efforts. The directive requires them to set up computer security incident response teams (CSIRTs) and computer emergency response teams, or […]
MANILA Russian navy vessels arrived in the Philippines on Thursday for joint exercises as part of a drive for new security ties under President Rodrigo Duterte’s revamped foreign policy of courting the traditional foes of Manila’s top ally, Washington. The guided-missile cruiser Varyag, accompanied by the fuel tanker ship, Pechenge, are on a four-day goodwill visit to the Philippines, the second port call by Russian warships in […]
Editor’s note: This article was previously published on Medium. The author is the executive director of LION Publishers, a national network of independent news sites. Margaret Sullivan is right to sound the alarm about what steep newspaper cuts are doing to local journalism across the country, but her April 16 Washington Post column misses the story of what is replacing, and has the potential to replace, the […]
In a lab deep within Tata Consultancy Services’ landscaped campus in the western Indian city of Pune, 16 recent graduates are experimenting with new technologies that are shaking up a flagship national industry. TCS, the largest of India’s powerful IT services companies, set up the lab 18 months ago to enable new starters to work on the “internet of things”, the field of connected machines and appliances that […]
