You can read our charts-based explainer here. Sometimes the end of an era comes imperceptibly, with it only becoming apparent long after the fact. But many investors are in little doubt that Donald Trump’s election victory loudly trumpets that an entirely new market regime is nigh. The subsequent shockwaves — which sent equities powering higher on stimulus hopes, bonds crashing on inflation fears and emerging markets quaking […]
Just over a year ago I conducted a social experiment as a taxi driver behind the wheel of a Careem taxi. Careem is a Dubai-based transportation company, founded in 2012, that allows customers to request a taxi via a smartphone app either immediately or for a later time. In a country where it is a battle to stand on the street under the summer sun for half […]
The market interpretation of the US election result can be expressed in just three letters, repeated several times: “USA! USA! USA!” Amid the noise that followed last week’s election victory for Donald Trump, one signal was clear — whatever the outcome will be the US, it will be far worse for the rest of the world in general, and emerging markets in particular. Outside of financial crises, […]
President Barack Obama will hold talks with Chancellor Angela Merkel and other European leaders in Berlin on Friday, addressing a range of economic and security issues and their concerns about his successor Donald Trump. Syria, international terrorism, climate change and the threats posed by Russia will feature high on the agenda at the meeting, the final engagement of Mr Obama’s farewell trip to Europe. The leaders were also […]
“I need that moment when I think, ‘This sucks,’” is how he put it. When he first started running, Engle did it as a form of penance — “I was feeling badly about myself and wanted to punish myself,” he said. Then, as he realized he was good at running long distances, ultramarathons — and other, even more extreme events — became a way to test his […]
Every autumn, Hong Kong restaurants serve a seasonal delicacy: hairy crabs, shipped the same day from lakes around the Chinese city of Suzhou. But the territory’s food safety inspectors recently made a shocking discovery: some crabs in this year’s consignment contained dangerous levels of cancer-causing chemicals. Even worse, the crabs appeared to come from Lake Tai, a model in China’s fight against pollution after a multiyear, multibillion-dollar […]
Findings of a new study have revealed another danger of getting bitten by mosquitoes. It turns out that these bugs that carry Zika virus and chikungunya virus can infect people with two viruses in a single bite. Chikungunya And Zika Virus In One Bite For the new study presented at the 2016 Annual Meeting of the American Society of Tropical Medicine and Hygiene on Nov. 14, researchers found […]
You know Tony Robbins. He’s the world’s most famous performance and motivational coach. He’s advised everyone from Bill Clinton to Serena Williams, from Leonardo DiCaprio to Oprah Winfrey (who calls him “superhuman”). He was called in to advise Bill Clinton during his impeachment and counts billionaires such as Virgin’s Richard Branson and casino magnate Steve Wynn among friends. He first broke onto the self-improvement scene 30 years […]
You would think that most theatregoers would have seen Les Misérables at least once. After all, it is the world’s longest-running musical, has been translated into 22 languages, performed in 44 countries and seen in more than 350 cities. So to stage this musical for 18 performances at a new theatre that has a capacity of 2,000 is, you would think, a little bit of a gamble. […]
Apple has acknowledged a recurring defect in its two-year-old iPhone 6 Plus, offering customers a cut-price touchscreen repair after months of mounting complaints. The supersized smartphone, launched in September 2014, has a tendency to develop what has been dubbed “touch disease” when dropped or pressured, rendering its touchscreen unresponsive or causing a flickering black line at the top of the display. The term was coined by iFixit, […]
|By Ramesh Mahalingam| As someone who has worked in businesses across the ownership spectrum, I am tempted to pose this question to all aspiring CFOs: All other factors being equal, what is the fundamental difference in the approach to the financial reporting function as between a publicly listed company and a privately-owned business? The answer lies not in the IFRS standards, which by and large, do not […]
For much of the last decade the derivatives industry has been caught in the gravitational pull of the Dodd-Frank act, the sweeping piece of legislation meant to contain the risk of another financial crisis. Six years after its passage, US president-elect Donald Trump wants to dismantle the law. The industry, however is not racing to join him. At this week’s Global Financial Leadership Conference, a gathering of derivatives traders, […]
Your guide to community and cultural activities across the Emirates for November 18, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Craft market Visit upMarket, the pop-up boutique that showcases a wide range of products, including beach kaftans, summer sandals, clutches, swimwear, beach bags and homewares. Today, 1-6pm, free entrance, Eastern Mangroves Promenade, Abu […]
The Suicide Squad Extended Cut contains 11 extra minutes of footage, but is that enough to make the divisive movie any better? Unless your name is Harley Quinn, no, not really. This article is solely focused on whether the Extended Edition makes Suicide Squad a better film and what new material appears in this version. Check out my review of the Suicide Squad theatrical release for my […]
The elite of the UAE’s social set and fashion industry gathered at Palazzo Versace hotel in Dubai on Tuesday evening. The brand’s chief designer Donatella Versace had flown in for the occasion, which marked the official opening of the hotel in the city’s Cultural Village within Al Jadaf district. “This hotel is amazing,” said Donatella, “It will hopefully become a number one tourist destination. I feel very […]
Amid all the attempts to guess what Donald Trump’s election means for Europe’s trade, security and populist politicians, one conclusion stands out: his administration may be good news for the European Central Bank. The reason is not any particular act by the president-elect; rather, it is the reaction of markets, which could help the European economy and give the central bank more room to act. Foreign exchange […]
Airfares tend to take a major chunk out of our travel budget. Getting affordable, let alone cheap, airfares to our favourite destination almost always seems like a difficult task. But according to online travel booking website HolidayMe.com, there are a few tips and tricks to landing yourself a good airfare deal. 1. Always use private browsing while looking for airfares: The cookies enabled in browsers are traceable […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline costs and rents, suggesting a pickup in inflation that potentially clears the way for the Federal Reserve to raise interest rates in December. Prospects for a rate hike next month also got a boost from other data on Thursday showing first-time applications for unemployment benefits tumbling […]
After winning the Best Actress award for lead star Jacyln Jose at this year’s Cannes Film Festival, Ma’ Rosa has been chosen as the Philippines’s entry to the Best Foreign Language Film category of the 89th Academy Awards, scheduled to be held on February 26, 2017. Can director Brillante Mendoza’s gritty urban drama give the Philippines its first ever Oscar nomination and award? Two industry websites think […]
LONDON Battered bonds and emerging market currencies enjoyed some respite on Thursday as the dollar took a breather from a post-U.S. election charge that has taken it to a 13-1/2 year high. Wall Street looked set for a quiet start and Europe’s main stock markets <0#.INDEXE> were shuffling sideways as the dip in global bond yields cooled bank stocks, which have been rising on better lending profits. […]
The second trailer for Kong: Skull Island debuted on Jimmy Kimmel Live tonight, featuring more of cinema’s biggest ape (who’s bigger in this film than he’s ever been depicted before). The film, directed by Jordan Vogt-Roberts, stars Tom Hiddleston, Brie Larson, John Goodman, and Samuel L. Jackson. The new trailer for the Vietnam era-set tale opens with CCR’s “Bad Moon Rising” blaring as our characters undertake their mission […]
“When the economic crisis hits the elite, it means the suffering is all over the place,” said Malak Rostom, the vice president of the student union. “If we can’t afford it, we can tell how much other people are suffering.” Continue reading the main story Some Egyptians may sneer at the problems of the children of middle- and upper-class families, worried about tuition increases that dwarf the […]
UK retail sales grew rapidly in October as consumers — yet to experience the impact of the weaker currency — continued to spend and colder weather boosted clothing sales. The seasonally adjusted volume of sales was 1.9 per cent higher in October than in September, the Office for National Statistics said on Thursday. Sales were boosted by strong growth in clothing and footwear as the end of […]
The welcome Several door staff are manning the slick hotel entrance as I drive up, and several more smartly dressed staff are stationed in the marble-and-glass lobby, which is dressed in fresh flowers and local artwork. A couple of the staff recognise me from a previous visit. The reception area to the right is also well-manned. I’m offered a cold towel and a tasty mango, mint, lemon […]
