By Lisa Twaronite and Wayne Cole | TOKYO/SYDNEY TOKYO/SYDNEY Asian shares edged down on Friday but were on track for weekly gains, while the euro became more settled after the volatility seen in the wake of the European Central Bank’s decision to trim the size of its asset purchase program while also extending it for longer than many analysts had expected. MSCI’s broadest index of Asia-Pacific shares […]
Madrid, Spain – 09 November 2016 Fotowatio Renewable Ventures (FRV), a leading global developer of large-scale solar power plants and part of Abdul Latif Jameel Energy, has been awarded a 30 year 300 MW solar project in the second electricity market auction, conducted by the National Energy Control Center (CENACE) of Mexico. With this Build-Operate-Own agreement, FRV extends its global footprint into the Mexican market at very […]
DUBAI // Two planet Earths will be needed by 2050 if human beings continue to exploit natural resources at current rates, scientists said on Thursday. With this year’s annual Earth resources consumed in full by August 8 and a population expected to reach 9.6 billion by 2050, the UAE has launched the region’s first soil museum, in Dubai, to help raise awareness about its sustainable use. “Unfortunately, […]
It was Donald Trump’s press conference in the early hours of November 9 that some pinpoint as the moment fears about what his presidency would mean for stock markets turned into euphoria about his victory. Campaign pledges to give a boost to the US economy were repeated, as the newly president-elect struck a moderate, even conciliatory, tone. Whatever you think of the reaction in financial markets since, […]
Law Blog rounds up the morning’s legal news: Recount rejection: A federal judge who ordered Michigan to begin its recount effectively ended it Wednesday, tying his decision to a state court ruling that found Green Party presidential candidate Jill Stein lacked legal standing. [AP, Detroit News] Michael Jordan wins in China: China’s Supreme People’s Court ruled largely […] (via WSJ)
By Richard Cowan | WASHINGTON WASHINGTON President-elect Donald Trump on Wednesday picked a fossil fuel industry defender as his top environmental official, another retired general as homeland security chief and Iowa’s governor as U.S. ambassador to China in choices at odds with some of his recent pronouncements. Trump, continuing to build his Cabinet as he prepares to take office on Jan. 20, said Oklahoma Attorney General Scott […]
Spider-Man comics have never shied away from being weird. Classic Spider-Man villain Doc-Ock not too long ago possessed Peter Parker’s body only to eventually be removed, and events have only continued to get stranger from there. Which is where the ongoing The Clone Conspiracy event comes in. Spider-Man and clones have a long history, and some of that history comes back in spectacular fashion in the latest […]
The Sheikh Zayed Heritage Festival opened its gates in Al Wathba last week, showcasing a range of exhibitions, foods and cultural performances from around the world. There are 18 different cultural districts, including nationally themed offerings from the UAE, Bahrain, Serbia, India and China, and each houses traditional souvenirs and handicrafts. Most of the merchandise is affordable and great value for money, but it doesn’t hurt to […]
A line of Audi A4 cars are parked before a demonstration of Audi’s vehicle-to-infrastructure technology Tuesday, Dec. 6, 2016, in Las Vegas. The technology allows vehicles to “read” red lights ahead and tell the driver how long it’ll be before the signal turns green. For the driver, the system puts a traffic signal icon on the dashboard telling how many seconds the light will remain red. (AP […]
Samsung is partnering up with SLG Design and Strap Studios to give every Gear S3 classic or frontier owner out there more ways to personalize their smartwatch. That said, these watch bands throw in a touch of style in the mix, creating a perfect blend of fashion and functionality out of the Samsung wearable. Strap Studio (Photo : Strap Studio) With 15 straps made out of Italian leather […]
By Charlotte Greenfield | WELLINGTON WELLINGTON Two senior New Zealand ministers threw their support behind Finance Minister Bill English on Wednesday, underpinning his front-runner position in the race to replace John Key, who announced his shock resignation this week. Social Services Minister Paula Bennett and Transport Minister Simon Bridges said they were both running to become deputy leader and would back English’s leadership bid. English, who is […]
Lydia Polgreen, the editorial director of NYT Global at The New York Times, will be The Huffington Post’s next editor in chief. She follows Huffington Post founder Arianna Huffington, who had been at the top of the website’s masthead since its founding in 2005. So excited that my successor as EIC of HuffPost will be Lydia Polgreen, who I know will take HP to new heights. Here […]
A big name in the antitrust world, Kevin Arquit, is on the move from Simpson Thacher & Bartlett LLP to Weil, Gotshal & Manges LLP, his new firm said Tuesday. Mr. Arquit, a former general counsel at the Federal Trade Commission and director of its bureau of competition, departs after 14 years at Simpson, where he led the New York firm’s competition practice. He’s expected to join Weil […]
By Lawrence Hurley | WASHINGTON WASHINGTON President Barack Obama’s legal defence of some key initiatives including his signature healthcare law is collapsing as courts put cases on hold until after President-elect Donald Trump, hostile to the policies, assumes office on Jan. 20. The pending conservative legal challenges could undo important elements of Obama’s presidential legacy if Trump, as expected, opts not to defend the Obama policies in […]
Speaking at the session were H.E. Saeed Al Tayer, MD and CEO of DEWA; H.E. Dr. Aisha Butti bin Bishr of the Smart Dubai Office; Academic Researcher Vivek Wadhwa; and Bibop G. Gresta and Dirk Ahlborn of Hyperloop Transportation Technologies, Inc. Dubai, December 6, 2016 A panel discussion exploring “Future Cities” and the role that knowledge plays in that regard concluded the sessions of day one of […]
A man holds up his mobile phone showing a M-Pesa mobile money transaction page for the photographer at an open air market in Kibera in Kenya’s capital Nairobi (Reuters/Noor Khamis). This post features a conversation with Georgia Levenson Keohane, executive director of the Pershing Square Foundation, adjunct professor of social enterprise at Columbia Business School, and author of Capital and the Common Good: How Innovative Finance is […]
Solar panels, which convert sunlight into electricity, are a key player in the fast-growing renewable energy sector, which also includes water- and wind-generated electricity The climate-friendly electricity generated by solar panels in the past 40 years has all but cancelled out the polluting energy used to produce them, a study said Tuesday. Indeed, by some calculations, the so-called “break-even point” between dirty energy input and clean output […]
TOKYO Toyota Motor Corp said on Tuesday it will expand the development of its gasoline-hybrid technology over the next five years to speed up the introduction of lower-emission engines in the face of stricter global emissions standards. The announcement was the latest by the Japanese firm aimed at making cars “greener” as global automakers face tighter regulations in China, the United States and other regions that will […]
By Swati Pandey and Charlotte Greenfield | WELLINGTON WELLINGTON New Zealand Finance Minister Bill English said on Tuesday he planned to stand for prime minister after John Key’s surprise resignation a day earlier. English, a former Treasury Department analyst who is also deputy leader of the ruling centre-right National Party, is viewed by both lawmakers and political analysts as the front-runner for the top job. “I can […]
20 years, to the day, after Greenspan’s iconic speech that warned of the unintended consequences of “irrational exuberance,” we find ourselves, yet again, in the midst of perhaps the largest asset bubble in history. In fact, Greenspan’s warning, previously made in a speech on Dec. 5, 1996, eerily reflects many of the same concerns surrounding the market today with low interest rates and lower risk premiums driving […]
By Amy Tennery | NEW YORK NEW YORK Green Party presidential nominee Jill Stein pressed her case on Monday for recounts of U.S. presidential ballots in three states, and locked horns with President-elect Donald Trump over her motives. Stein sued Pennsylvania election officials in federal court, demanding a statewide recount. Hours earlier, a federal judge in Michigan ordered a recount to begin there without delay. In Wisconsin, […]
Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Fake news is not the sole province of slimeball digital practitioners in faraway lands enabled by the righteous souls at Facebook and Google. There’s also — as has ever been so — the government. “Police investigating a notorious gang in […]
newslide Want to make the most of your day at the new Bollywood Parks Dubai but not sure how? The new park, which is off Sheikh Zayed Road near Legoland Dubai has five zones packed with attractions – Bollywood Boulevard, Rustic Ravine, Royal Plaza, Mumbai Chowk and Bollywood Film Studios – plus restaurants and food carts. The choice can appear overwhelming. We have a handy guide to […]
By Crispian Balmer and Gavin Jones | ROME ROME Italian Prime Minister Matteo Renzi said he would resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a half years in office deals a blow to the European Union, already reeling from multiple crises and struggling […]
