Higher than normal water temperatures have caused the largest die-off of corals ever recorded on the Great Barrier Reef, scientists said on Tuesday. Two-thirds of the corals living in shallow waters in a 700km swath of reef in the northern region have been killed by a massive coral bleaching event over the past eight to nine months, according to the Australian Research Council of Excellence for Coral […]
By Sarah Marsh | HAVANA HAVANA Leaders of Cuba’s leftist allies and other developing countries descend on Havana on Tuesday for a mass rally commemorating Fidel Castro, the rebel who seized power in a 1959 revolution and ruled the island for half a century. Castro, who ceded control to his younger brother Raul Castro a decade ago due to poor health, died on Friday at the age […]
While there is no sign of our collective obsession with social media fading any time soon, there is also a growing determination by some to cut all ties and go on a technology detox. It sometimes feels as if new platforms for posting, sharing and pontificating are appearing by the day. With so many outlets for people to share their opinions and views of the world, and […]
Chief executive of mega Italian retailer Yoox Net-A-Porter has revealed most online purchases come from mobile phones. Speaking at the 2016 Arabian Business Digital Forum in the Armani Hotel Dubai, Federico Marchetti said customers are buying more and more through their mobile phone. “We are lucky and I think we were good in starting to develop mobile in 2006. When we had our 5 year plan, because […]
The persistent notion that Mr. Castro’s fastball had made him a potential big league prospect has long been debunked by historians. By many accounts, his primary sport as a schoolboy was basketball. He was tall, at 6-foot-2 or 6-foot-3, and he told the biographer Tad Szulc that the anticipation, speed and dexterity required for basketball most approximated the skills needed for revolution. Yet it was primarily baseball, […]
SYDNEY Three of Australia’s four biggest banks will be barred from collectively bargaining with Apple Inc (AAPL.O) in relation to its mobile digital payments system, under a draft decision released by the antitrust regulator on Tuesday. The Australian Competition and Consumer Commission said letting banks collectively offer their own integrated digital wallets in Apple iPhones, in competition with Apple’s Apple Pay system, would reduce each bank’s ability […]
By Sue-Lin Wong | DANDONG, China DANDONG, China A labour agent sat in his bus on a recent frigid morning, waiting to cross the “Friendship Bridge” at China’s main border post with North Korea. He had come to pick up migrant workers and take them to jobs in factories and restaurants in China. The single-lane bridge in the border city of Dandong is the main gateway for international trade […]
By Steve Holland and David Brunnstrom | NEW YORK/WASHINGTON NEW YORK/WASHINGTON President-elect Donald Trump on Monday stepped up his search for a new U.S. secretary of state, with the focus on former CIA head David Petraeus, who is a candidate despite admitting he shared classified information with his mistress. The Republican was to meet Petraeus, a retired general, at Trump Tower in Manhattan in a new round […]
54% of Amman residents rate the quality of education institutions as good or excellent, according to the 2016 Bayt.com and YouGov survey ‘Top Cities in the Middle East and North Africa’ Amman, Jordan, 28 November 2016 A new survey by Bayt.com, the number one career site in the Middle East, and YouGov, a pioneer in online market research, titled ‘Top Cities in the Middle East and North […]
Mariah Idrissi was shopping at the Westfield London mall when she was stopped in her tracks by a stranger who asked to take her photo. Decked out in a tracksuit, a turban-style hijab and without any make-up on, she found herself being scouted by fashion label H&M. Sceptical at first as to why a western company might want a covered Muslim woman to model for them, Idrissi […]
CARACAS Venezuela’s bolivar currency has depreciated an unprecedented 60 percent in a month against the U.S. dollar on the black market to trade at nearly 3,500 on Monday, according to the widely-tracked web site DolarToday. That makes the largest-denomination note of 100 bolivars now worth less than 3 U.S. cents in the crisis-hit OPEC nation. Such is the currency chaos that Venezuelans often carry rucksacks full of […]
No Man’s Sky is finally getting closer to what it was supposed to be, as the new Foundation Update finally adds some features that should’ve been available from day one. The Foundation Update that Hello Games announced a couple of days ago is now live and it brings a number of cool new tricks, including base building, freighters, survival mode, and stackable items. Base Building With the latest Foundation […]
Given its enormity, India offers an array of local specialities. From clothing and gemstones to handicrafts and fabrics, every region has its own retail identity. One of the benefits of visiting Delhi, its capital city, is that it eloquently showcases a cross section of the country’s regional specialities, and over the past decade, the ancient city has grown rapidly beyond the exquisite and conventional to include whimsical […]
Details regarding Apple’s rumored iPhone 8 have been making the rounds over the last couple of weeks. A new report claims the company is working with LG on a new 3D dual-lens camera. Ever since Apple released the iPhone 6 and iPhone 6 Plus in 2014, the company has used more than just the larger 5.5-inch displays of its Plus models to differentiate it from its 4.7-inch […]
SAO PAULO Lewis Hamilton’s pet bulldog Roscoe, who occasionally accompanies the triple Formula One world champion to races, has had his sperm frozen to ensure he can have puppies in future. Hamilton, racing at what could be a title-deciding Brazilian Grand Prix, revealed the news on an instagram account (roscoelovescoco) set up in his pets’ names and followed by nearly 100,000 fans. “Roscoe in great spirits. Due […]
Soaring US ecommerce sales on the day after Thanksgiving have put Black Friday on course to challenge Cyber Monday as the year’s busiest online shopping day. But the opening days of the holiday shopping season have also seen heavy discounting that could weigh on retailers’ profits. US ecommerce sales hit a record $3.34bn on Black Friday, a 22 per cent increase from 2015, according to Adobe Digital […]
In these volatile times, gold is more important than ever. Bonner & Partners’ Bill Bonner explains in this two-part series, the importance of ‘real money’ and why you need it now… Many years ago, before the invention of modern money or capitalism, people still had wealth – although limited. And they still had ways of keeping track of it. The principle of “fair trade” seems to be […]
UAE, 27 November 2016 Consistent with its future plans and with the support of its Board, Gulf Navigation Holding entered into a Strategic Contract with the Deloitte, Pursuant to this Contract the Company “Deloitte” will provide the necessary Advisory Support for the Gulf Navigation Holding on the Acquisition of a Huge Maritime Fleet. HE Khamis Juma Buamim – Board Member, Managing Director and Group CEO – said […]
Chinese electronics company Xiaomi witnessed a clear decline in its smartphone profit lately. The company, however, is not afraid of the drop, as it announced it derives its profits from other products aside from smartphones. Furthermore, company executives believe that the regression in its smartphone trade would have no significant negative impact to the company. Despite experiencing a fallback in terms of revenue as of late, Xiaomi […]
ABU DHABI // Even though Sunday was a working day, there was a holiday atmosphere on Yas Island where thousands of fans flocked to the big race. Marie Jacob, 35, from South Africa, travelled from Dubai with her friends to watch the race, arriving about 3pm. “I am too excited and it’s one of the most thrilling races in the world,” she said. Ms Jacob has been […]
Electrolux, the Swedish appliance maker, is exploring starting an “Uber for laundry” in which consumers would use their own washing machines to wash other people’s clothes. Jonas Samuelson, the new chief executive of the world’s second-biggest white goods manufacturer, told the Financial Times that Electrolux was trying to overcome big hurdles to make the project work. “We have a few fun ideas we are testing, like: how […]
By Isabel Coles | GOGJALI, Iraq GOGJALI, Iraq Until three weeks ago, many of Abu Osama’s customers were Islamic State militants who brought their wives and children to his pharmacy on the eastern edge of Mosul for injections and treatment. Now, most of them are Iraqi security forces who recaptured the Gogjali neighborhood earlier this month and are pushing further into the city, which has been under […]
Our round-up of the week’s best comment and analysis from the Financial Times focuses on how infrastructure and fiscal policy shake-ups will play out for investors in the light of the current “Trumpflation” market rallies. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Infrastructure spending is the new zeitgeist of our age but we should have […]
November 27, 2016 by: Anne-Sylvaine Chassany in Paris French voters were heading to the polls on Sunday in a primary run-off contest predicted to give François Fillon the centre-right nomination and a good chance of becoming president of France next year. Mr Fillon, the former prime minister who unexpectedly surged to pole position with 44 per cent of the votes in a first round last Sunday, is […]
