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By John Walcott and Andrea Shalal | WASHINGTON/BERLIN WASHINGTON/BERLIN U.S. intelligence and law enforcement officials said on Wednesday that they have been aware since the end of last year of a security breach at the CIA that led to anti-secrecy group WikiLeaks publishing agency documents on its hacking tools. The officials, who asked not to be identified, told Reuters that they believed that the documents published by […]

“You can’t cut your way to prosperity,” holds a favorite truism about the news business. But when Tronc inc. recently reported improved financial results for the fourth quarter of 2016, cost controls were the big driver. The company went from operating at break-even in the fourth quarter of 2015 to posting a $19.4 million profit in the last three months of 2016. Expenses were down 14.2 percent […]

By Ginger Gibson and David Shepardson | WASHINGTON WASHINGTON When the bosses of some of the world’s largest pharmaceutical companies headed to Washington in January to meet U.S. President Donald Trump, it had all the makings of a potentially hostile meeting. Just weeks before, Trump had sent drug stock prices plummeting after accusing the companies of “getting away with murder” by charging too much for medicines. But […]

Via Soeren Kern of The Gatestone Institute, “The threat to the UK remains from homegrown terrorism, and is heavily youth- and male-oriented with British nationals prevalent among offenders.” — Islamist Terrorism: Analysis of Offenses and Attacks in the UK (1998–2015). “The increased prevalence of smaller cells and individualistic offending, suggests a rise in terrorism cases that feature shorter lead times to offending and fewer opportunities for identification.” […]

by March 7, 2017, 11:46 AM EST Royal Bank of Canada closed accounts of about 40 clients and bolstered tax compliance following a review of offshore accounts tied to last year’s leak of records from a Panama law firm. “The review is completed,” J-F Courville, chief operating officer of Royal Bank’s wealth-management unit, said in an interview. “We found out we have a business with good controls, […]

The two Fortune 500 companies, International Business Machines corp. (IBM) and Salesforce, have agreed to integrate their artificial intelligence platforms and some of their software and service components. As part of the deal, Salesforce customers could make use of the data from IBM’s Watson artificial intelligence platforms whereas IBM would be deploying Salesforce Service Cloud for internal use, more or less a sign of good will. The […]

Here are the big questions set to frame a new trading week for markets. How frothy are equity and junk bond valuations looking?Another record-breaking week for equities and a red hot reception for the Snap initial public offering is not the only sign of investor optimism running wild. Junk bond spreads — the premium investors demand to hold the bonds over Treasury yields — are heading towards […]

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Security is still the most important aspect of network digitisation, Cisco has said, with the networking giant now focused on embedding its security technology into its “next generation” of products. “The best digital offence starts with the best security defence,” Chris Dedicoat, executive VP for Worldwide Sales and Field Operations at Cisco, said during his keynote speech at Cisco Live Melbourne on Wednesday. “We’re focused on two […]

Hey, it’s boss week here at Local Edition. This week, we’re going to spend a little time with a Florida editor who doesn’t fit many molds (started as a designer, doesn’t care for sandy beaches, etc.) As a reminder, this is week three in our four-week conversation about why we’re still in journalism. (You can subscribe here.) Hang around after the boss talk for a peek at […]

By Matt Spetalnick and David Brunnstrom | WASHINGTON WASHINGTON Faced with a growing test of resolve for a new U.S. president who vowed while campaigning to get tough on North Korea, Donald Trump’s aides are pressing to complete a strategy review on how to counter Pyongyang’s missile and nuclear threats. Pyongyang’s latest missile launches and the assassination in Malaysia of North Korean leader Kim Jong Un’s estranged […]

After the calls to scale back the buffs on Bastion and the introduction of Orisa as the game’s 24th hero, Blizzard has released an update to the Overwatch PTR that applies changes to several heroes. The changes, which will affect Ana, Junkrat, Sombra, Winston, Zenyatta, and the new hero Orisa, will likely shake up the Overwatch competitive meta. ‘Overwatch’ Buffs And Nerfs In a post on the official Overwatch forums, […]

Your daily guide to community and cultural activities across the Emirates for March 8, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani 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 listings@thenational.ae newslide Al Ain Heritage event Register […]

Banks have structured some unusual and complex deals for European companies to raise capital through a combination of debt and equity derivatives in recent weeks, reflecting investor enthusiasm for convertible securities. Last week BASF launched a $600m bond bundled with warrants, in a so-called neutral structure which effectively makes the chemicals group a middleman between its investors and its banks.  The deal, put together by Deutsche Bank, […]

Writing is a process – a set of predictable, repeatable steps in the journey to the finished work. While there are probably as many processes are there are writers, here are some of the identifiable steps. Explore: All good writers express a form of curiosity, a sense that something is going on out there. See your world as a storehouse of story ideas. Gather: Writers collect words, […]

A ground-breaking research in the field of neuroscience offers an in-depth analysis of the brain’s reward system, highlighting its influence on the decision-making process. The study encompasses three decades of investigation into the role of dopamine in everyday life choices and shows how the brain perceives different options, prioritizing those which prompt a better reward. For their outstanding merits, Professors Wolfram Schultz, Peter Dayan, and Ray Dolan received […]

The biggest impact investing deal to ever see the light of day — that is how a fascinating new hedge fund deal is being touted. Impact investing is the practice of trying to make a measurable, positive societal impact as well as making a financial return on your money. The US hedge fund Mariner Investment Group reckons it has found a way to turn an investment of about $150m into […]

MOSUL, Iraq: Crawl through a labyrinth of narrow tunnels in near total darkness and suddenly they appear: two great winged bulls dating from the Assyrian empire found intact under the ground of Mosul.But as fighting rages to evict the Daesh group from the main city in northern Iraq, it will be a race against time to save the archaeological treasures uncovered in the tunnels.The jihadists dug the […]

DUBAI // The emirate’s private schools are getting together to share their expertise and help raise standards. Educators from 58 schools in Dubai have taken part in the Knowledge and Human Development Authority-led Abundance Group project to promote good practice. “Research shows that what works best to improve teaching and learning across a whole education sector is collaboration between schools and teachers,” said Abdulla Al Karam, director […]

I still remember August 2, 1990, like it was yesterday. It was a Thursday, and I was awoken at 6.30am by a friend whose extended family were ­Kuwaiti. He told me that his brother-in-law was claiming that there were Iraqi troops in Kuwait City, and that he could hear gunfire and explosions. Like everybody else, I spent the weekend oscillating between shock, anger and fear. What did […]

Brazil’s economy shrank 3.6 per cent last year as high inflation, a runaway budget deficit and political turmoil drove the country to its worst recession on record.  The contraction, which was felt across almost all economic sectors from industry to services, was slightly worse than economists’ estimates and only marginally better than 2015, when gross domestic product contracted 3.8 per cent.  GDP in the final three months […]

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. When it comes to Russian hacking and other subterfuge, the obvious and unavoidable media and political talk involves either the Clinton presidential campaign or the Trump White House. As Bloomberg’s Michael Riley discloses, there’s more for the press to obsess […]

BEIJING China’s civil code pre-amble, expected to be passed next Wednesday by the National People’s Congress, promises to address a number of legal questions: – The pre-amble draft requires companies rights and obligations are determined in a “fair” and “reasonable” way. The previous principles only required “fairness”. Some lawyers say this could mean companies and individuals are compensated at market rates if they are forced to move […]

Although nine years have passed since the Solomon R Guggenheim Museum and Foundation announced they would be building the Guggenheim Abu Dhabi on Saadiyat Island and construction has not yet started, the head of the foundation has confirmed the museum is very much a reality. Richard Armstrong, director of the Solomon R Guggenheim Museum and Foundation said: “There is progress, we are moving forward towards building it […]

Credit: iStock/xavierarnau Michael Siminovitch, director of the California Lighting Technology Center at UC Davis, wasn’t looking for enlightenment when he wandered into a Buddhist temple in Thailand a few years ago. He was touring Thailand as a distinguished visiting professor at King Mongkut’s University of Technology Thonburi’s school of architecture. He’d never been to a temple in his life. The temple was a highly crafted, architectural marvel, […]

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