By Jessica DiNapoli and Makiko Yamazaki | NEW YORK/TOKYO NEW YORK/TOKYO U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp (6502.T) is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said the nuclear engineering company had brought in law firm Weil […]
Why West Berlin? After the fall of the Berlin Wall, the city’s eastern side, formerly occupied by the communist German Democratic Republic, was ripe for renovation. The space created by the removal of the wall, and the old buildings overdue for renewal, meant everything edgy and inventive went east. The formerly cool West Berlin districts fell into something of a funk as the gaze shifted elsewhere. But […]
Cisco’s Jasper is making a big play into connected cars, a sector the company currently sees as its largest growth industry in the Internet of Things (IoT) space. According to Jasper MD for Cisco ANZ Tom Fisher, Cisco’s cloud-based IoT platform Jasper is now powering nearly every connected car in the world. “Our largest vertical is the connected car market,” Fisher told ZDNet. “Practically every single car […]
New York – Pat Beall said she and her colleagues at The Palm Beach Post had been consistently reporting on Palm Beach County’s growing opioid epidemic, highlighting the lives of a few of the victims and the toll their death took on families and the larger community. But it wasn’t enough. Each story would get a little attention, but within a day or two the latest […]
Continue reading the main story But the agent has his passport and has refused to refund his recruitment fee, he said. He has no money for a plane ticket. “There is a huge dependence on migrant workers who have employment terms that are no different than indentured servitude,” said Sarah Leah Whitson, director of the Middle East and North Africa division of Human Rights Watch, an advocacy […]
The launch of the Nike Pro Hijab, a lightweight, breathable, adjustable, competition-worthy garment for hijab-wearing athletes, reflects both consumer demand and the growing number of elite female Muslim athletes. In the 2016 Rio Olympics, for example, 14 Muslim women – four of them in hijab – won medals. “Sports is one of the few platforms that brings people together, and the more big brands are noticing the […]
The Ivanka Trump boycott appears to have backfired. One month after several brand name retailers announced they would no longer carry the 35-year-old’s clothing and accessories, Ivanka Trump’s women’s fashion line has seen record February sales. The collection said they had some of the highest performing weeks since the brand was launched last month. “Since the beginning of February, they were some of the best performing weeks […]
For hijabi athletes, Nike just did it. The sports brand has ticked all the boxes for fitness enthusiasts by announcing its Nike Pro Hijab which will be available in 2018. As of Wednesday morning, amid the online buzz, the garment even launched its own Instagram account A project that has been in the brand’s creative labs for over a year, the modest wear is a lightweight, breathable, […]
SAN DIEGO Major aircraft leasing companies have offered a lukewarm response to proposals by Boeing to build a bigger version of its 737 MAX family to counter the Airbus A321neo. Boeing has begun offering the model code-named 737 MAX 10X to airlines, saying it would be the most efficient single-aisle jetliner in the business – a claim disputed by Airbus. Steven Udvar-Hazy, executive chairman of Air Lease, […]
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 […]
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 […]
Muneera Al Hubail is one of the first women from Abu Dhabi to compete internationally at CrossFit, having reached the finals in the Battle of the East international competition in Kuwait in November. The 28-year-old Emirati passed another important milestone last month when she managed to lift the equivalent of her own body weight over her head. Al Hubail’s ultimate goal is to be a grandmother who […]
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 […]
Fund managers and institutional investors expect oil giant Saudi Aramco to have a market capitalisation of $1 trillion to $1.5 trillion when it sells shares to the public next year, a survey by regional investment bank EFG Hermes showed on Monday. The valuation of Aramco. the world’s biggest oil firm, has been the focus of intense speculation since the Saudi government last year announced plans to sell […]
In 2004, the U.S. banned cigarettes in all federal prisons and it was pretty much the best thing that could have happened to the packaged mackerel industry (yes, you read that correctly…the packaged fish). So how did a smelly package of fish become the gold standard of America’s federal prisons? Well, for a variety of reasons (we’ll let your imagination run wild) prisoners are not allowed to […]
We aren’t the world. The most talked-about brands of Mobile World Congress are almost entirely irrelevant to Americans. Some of that doesn’t matter, but the reasons for it are worth talking about. During the world’s biggest mobile conference, everybody was super excited about the Nokia 3310. I found the whole hullaballoo perplexing. But circa 2000, everybody in the UK owned this phone, and they have […]
Bloomberg is fighting to keep the bond house Pimco as a customer on its platform to buy and sell Treasuries, as the advance of automated trading reshapes the $14tn US government debt market. Pimco, one of the most influential debt investors with almost $1.5tn of assets under management, is working on a tie-up with rival trading venue Tradeweb, according to people with knowledge of the discussions, escalating […]
The robots are coming. Automation, both in the form of mechanised robots (human or drone-shaped) as well as artificially intelligent software programs, are predicted to get rid of a huge number of jobs over the next five years. A report by Citibank in partnership with the University of Oxford predicted that 47 percent of US jobs are at risk of automation, 35 percent in the UK, and […]
A Friday session as part of the Emirates Airline Festival of Literature presented an undeniably emotional moment – the author and subject on a public stage together for the first time. The latter was Nujeen Mustafa, the Syrian teenager who travelled more than 5,000 kilometres in a wheelchair to escape the civil war ripping apart her homeland. The writer was veteran journalist Christina Lamb, who documented Mustafa’s […]
François Fillon put his future as French presidential candidate for the centre right in the hands of party leaders after mobilising tens of thousands of supporters at a rally in Paris. Mr Fillon said he was the victim of a “manhunt” but notably omitted to tell the crowd — mobilised as show of strength among grassroots Republicans — that he would fight on as Republican candidate despite […]
– Issuance is a Call to Kuwaiti Corporates to take Advantage of Sukuk for Financing Projects – 7-Fold Oversubscription evidence for EQUATE’s robust position, Sukuk Importance 05 March 2017 Kuwait – Chief Executive Officer -KFH Capital, affiliated to Kuwait Finance House Group, Abdulaziz Nasser Al-Marzouq said that KFH Capital acted as a global coordinator and book runner for EQUATE SUKUK SPC Limited’s (“EQUATE SPC”) in […]
Via Nicholas Eberstadt of CommentaryMagazine.com, On the morning of November 9, 2016, America’s elite—its talking and deciding classes—woke up to a country they did not know. To most privileged and well-educated Americans, especially those living in its bicoastal bastions, the election of Donald Trump had been a thing almost impossible even to imagine. What sort of country would go and elect someone like Trump as president? Certainly not […]
DUBAI // It was the first time for thousands to see rock legends Guns N’ Roses live but for many, the experience was marred by hours spent entering and leaving the venue. Some fans reported delays of two hours because access to the Autism Rocks Arena from the Al Ain Road was clogged. Others walked up to seven kilometres along the motorway after abandoning gridlocked taxis. Fans […]
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. So what have you heard more often: “Fox & Friends” shilling for President Trump or sophisticated people confiding their real reason for reading The New Yorker is the cartoons? Ah, if only Bob Mankoff had long ago negotiated some piece […]
