President Trump’s mocking tweets about the “failing” New York Times and its “dwindling” subscriber base miss the boost his election and early days in office are giving the company’s business. CEO Mark Thompson stopped short today of saying Trump was the cause of a record 276,000 net quarterly growth in digital subscriptions in the last quarter of 2016 and a continued surge this month, bringing the Times’s […]
Tiger Woods felt the pain, figuratively at least, after the former world number one failed to make a single birdie in recording a miserable five-over 77 on the opening day of the Dubai Desert Classic on Thursday. The creaking American, now ranked 666th after his long injury layoff, trailed Spain’s early leader Sergio Garcia by 12 shots and with only three players below him on the leaderboard […]
By Yashaswini Swamynathan U.S. stocks slipped on Thursday, as bank stocks fell after the Federal Reserve provided little clarity into whether it would raise interest rates at its next meeting, even as the central bank painted an upbeat picture of the economy. The Fed, which left interest rates unchanged on Wednesday, gave no firm signal of a hike in March as it closely watches the impact of […]
Why Frankfurt? The Frankfurt of common conception and the Frankfurt of reality are very different things. Before arrival it tends to be a hazy cross between a giant conference centre churning through huge trade shows and bank HQs in modern glass towers. There is something to this – there’s surely nowhere else in the world that comes down as far on the business side of the business […]
The Cohort is Poynter’s bi-monthly newsletter about women kicking ass in digital media. Earlier this week, I wrote a piece about whether journalists should participate in political demonstrations and online conversations. While the guidance has always been fairly straightforward (simply put: no), the events of the past few weeks and number of political protests have reignited the debate in newsrooms. More often than not, the answer is […]
The Bank of England kept its key interest rate at 0.25%, gilt purchase program at GBP435BN, and corporate-bond plan at GBP10b, voting 9-0 on all 3 decisions. The BOE also raises growth forecasts, while keeping its inflation forecasts broadly unchanged, and said the current policy stance “depended on the trade-off between above-target inflation and slack in the economy.” The central banks also reiterated that “monetary policy could […]
By Christopher Johnson | LONDON LONDON Oil prices rose on Thursday as evidence that OPEC and other big exporters were cutting production outweighed a sharp rise in U.S. crude and gasoline stockpiles. Brent crude was up 50 cents at $57.30 a barrel by 1115 GMT (6:15 a.m. ET) after settling up $1.22 in the previous session. U.S. light crude gained 30 cents to $54.18 after climbing by […]
Boston Dynamics is showing off its latest creation: a “nightmare-inducing” robot equipped with two wheels called Handle. At the Abundance360 event in Los Angeles, company founder Marc Raibert took the stage to unveil the machine via a video, and he had this to say as an introduction: “This is the debut presentation of what I think will be a nightmare-inducing robot, if you’re anything like me.” Looking […]
ABU DHABI // Fatima Al Marzouqi is helping to steer the next generation of Emiratis toward careers in science, technology, engineering and maths. As head of Mubadala’s education and training division, she plays a crucial and direct role in developing academic programmes that introduce pupils to Stem, and professional training opportunities that offer students and recent graduates hands-on experience with major engineering and manufacturing companies at home […]
Grab has announced plans to invest US$700 million in Indonesia over the next four years, as part of efforts to increase its footprint in a market where it has seen growth. The Southeast Asian ride-sharing operator said Thursday the new investment would support the Indonesian government’s ambition of becoming the region’s largest digital economy by 2020. It would include plans to set up a research and development […]
TOKYO Sony Corp on Thursday cut its full-year outlook for operating profit on Thursday after the Japanese TV-to-gaming group took a $1 billion writedown on its struggling movie business. Sony forecast group operating profit of 240 billion yen ($2.13 billion) for the year ending in March, down from a previous estimate of 270 billion yen. It also said October-December operating profit fell to 92.4 billion yen from […]
Image: Rick Rycroft/AP/REX/Shutterstock/@JohnJohnsonson By Ariel Bogle2017-02-02 06:27:02 UTC Telstra probably hoped the hashtag #TelstraOutage would be left behind in 2016. Sorry honey, no such luck. On Thursday afternoon, Australia’s largest phone network went down for some users following a fire at a Chatswood exchange, which impacted mobile and fixed services. While the outage was genuinely disruptive, many could not resist making the joke of the day. And […]
New research from scientists at the University of Toronto and researchers in China and Taiwan provides the first evidence that proteins have been preserved within the 195-million-year-old rib of the sauropodomorph dinosaur Lufengosaurus. The study appears in the Jan. 31 issue of the journal Nature Communications. “These dinosaur proteins are more than 100 million years older than anything previously discovered,” says Professor Robert Reisz, a specialist in […]
The banking caucus Economic stability and improved bank safety haven’t stopped supporters of the Choice Act from moving forward with tearing down Dodd-Frank. The bill was introduced in September by Rep. Jeb Hensarling, a Texas Republican who is a deregulation crusader and friend of Vice President Mike Pence; Pence represented Indiana in the House from 2001 to 2013 and was a critic of Dodd-Frank when the law […]
Seeking a new way to make electricity, scientists at the Iowa State University have developed a tree-like device whose artificial leaves sway in the wind to generate electricity. The device’s design was pioneered by Michael McCloskey, associate professor of genetics. He said conceptually it is not a replacement for wind turbines. However, in the long term, the technology can create a specialized market for small machines that […]
Reckitt Benckiser, the maker of household goods including Cillit Bang and Dettol, is in advanced talks to acquire Mead Johnson in a deal that could value the maker of infant formula at about $16.7bn. The British-based company said on Wednesday evening it had offered to pay $90 per share in cash to acquire the US nutritional products maker, a near 30 per cent premium on Mead Johnson’s […]
By Rodrigo Campos | NEW YORK NEW YORK The S&P 500 edged higher on Wednesday to cap a four-day losing streak, buoyed by gains in Apple shares and after the Federal Reserve kept U.S. interest rates unchanged, as expected. Apple (AAPL.O) shares rose 6.1 percent to $128.75, its highest close in a year and a half. This made it the biggest positive influence on the three major […]
As the creative director of Tumi, one of the world’s best-known luggage brands, Victor Sanz is well placed to offer packing advice. “Lay out all your clothes for your trip. And then cut that in half. That will get you closer to what you really need,” he suggests. “Also, bring plenty of power because you never know when you’ll need it,” he adds. “And stay positive. That’s […]
Donald Trump’s administration declared that it was putting Iran “on notice” on Wednesday, signalling both a tougher US line with Tehran and a new test of relations after a weekend missile test by the Islamic republic. During his campaign, Mr Trump vowed to rip up a 2015 nuclear deal negotiated by the Obama administration and other world powers with Tehran but has taken no public steps to […]
Brady started getting questions about Trump last fall when a red “Make America Great Again” cap was spotted in his Gillette Stadium locker, reportedly put there by Kraft. Brady at first gave sheepish, gee-whiz responses suggesting that it would be cool to have a golf pal as president. (“There’d be a putting green on the White House lawn,” he predicted.) But the questions took on an edgier […]
When a newsroom shuts down, there’s usually a series of announcements, internal memos and “I’m looking for work” tweets. Most times, it ends there. But in one Washington newspaper this week, there’s a full-page advertisement devoted to helping soon-to-be jobless journalists find work again. Here’s what it says on page five of today’s Issaquah Press: “We’re professional journalists. On Feb. 25, we’re for hire.” Below that is […]
Announcement comes on the sidelines of participation at Arab Health Exhibition & Congress 2017 in Dubai UAE, February 1, 2017 The UAE Ministry of Health and Prevention has announced the launch of direct medical appointments booking through its Smart Patient Portal during its participation at Arab Health Exhibition and Congress 2017 which will run until February 2, 2017 at the Dubai World Trade Centre. The move is […]
The UAE’s non-oil foreign trade totalled AED1.172 trillion ($320 billion) for the first nine months of 2016, up by 0.1 percent on the same period in the previous year. Preliminary data of the Federal Customs Authority (FCA) indicated that the share of imports in the UAE’s total non-oil trade amounted to AED721.2 billion, a rise of 1 percent. Native gold and semi-processed gold topped the list of […]
Every so often, a slew of hysterical articles bemoan the demise of newspapers and fret about how robots will soon take journalists’ jobs. What a crock. I do not want to see or read about this sort of story until these fabulous computers can do optical-character recognition with 100 percent accuracy on old books. Or after voice recognition gets past 97 percent accuracy. Actually, 97 […]
