Healthy food app Plotos has launched in Dubai in order to re-educate the nation’s diners and tackle the UAE’s growing obesity crisis, according to nutrition consultancy KeepEATreal and tech firm Eniverse Technologies, which have partnered to create the app. User-friendly and informative, it offers customers nine different nutrition programs, designed by experts at KeepEATreal, to tailor to the needs of busy UAE residents and focus on dietary […]
PARIS French centrist Emmanuel Macron is on course to come out on top of the first round of France’s presidential election next month and go on to win in the May 7 runoff against far right leader Marine Le Pen, an Elabe poll showed on Wednesday. Macron, a popular independent who served as economy minister under President Francois Hollande, would win 25.5 percent of the vote in […]
By Michel Rose and Sudip Kar-Gupta | PARIS PARIS Former French Prime Minister Manuel Valls said on Wednesday he would vote for Emmanuel Macron in the presidential election, the biggest Socialist Party name to date to turn his back on its official candidate and support the centrist instead. While it was not clear if the defection would benefit poll favourite Macron, who politely thanked Valls, it prompted […]
PARIS Francois Hollande’s election as president in 2012 was supposed to herald a new dawn for French socialism after 17 years of right-wing rule, but by June his party could be struggling to survive. Weeks before the start of an election to pick France’s next president, the ruling bloc is in tatters. Socialist Party (PS) nominee Benoit Hamon is floundering after adopting a hard-left programme that alienated […]
PARIS Centrist candidate Emmanuel Macron is expected to win France’s presidential election, according to an Ipsos Sopra Steria poll released on Tuesday – the latest of many surveys showing the 39-year-old Macron as frontrunner. The poll said that if the election were held next Sunday, far-right leader Marine Le Pen would have the most votes in the first round, at 25 percent, compared to 24 percent for […]
European governments and related organisations have ramped up their sales of new debt this year, in the latest sign of bond markets bracing for rises in interest rates and an increase in political risks. Overall borrowing from eurozone sovereigns, local authorities, agencies and supranationals such as the European Investment Bank is currently at €210bn — the highest year-to-date amount since 2012, Dealogic data show, and the second-highest […]
Want to beat Warren Buffett’s investment returns? Don’t want to spend a lot of time working at it? Bloomberg’s macro strategist Cameron Crise has just the investment process for you… Last week I wrote about a simple model that is surprisingly effective at profiting from the rebalancing tendencies of passive investors. This in turn brought to mind another well-known instance of behavioral herding that has led to […]
The US stock market’s shifting reaction to the inability of Donald Trump and the House of Representatives to repeal Obamacare belies the much bigger question the failure raises for Wall Street: can this administration steer corporate tax cuts through Congress? This matters because the expectation that American companies will enjoy smaller tax bills has helped fan a 10 per cent gain for the S&P 500 since the […]
Our understanding of the world is mostly built on basic perceptions, such as that events follow each other in a well-defined order. Such definite orders are required in the macroscopic world, for which the laws of classical physics apply. However, in the quantum world orders can be ‘scrambled’. It is possible for different orders of quantum operations to coexist in a superposition. New work by a team […]
By Jessica Toonkel and Jennifer Ablan U.S. equity index futures fell to a six-week low on Sunday in a sign Wall Street would start the week defensively after Republicans pulled legislation to overhaul the U.S. healthcare system in a stunning setback for President Donald Trump. S&P 500 e-mini futures ESv1 were down over 0.65 percent, shortly after electronic trading resumed on Sunday evening. Volume of more than […]
PARIS It is “extremely likely” that French conservative presidential candidate Francois Fillon has been the subject of wiretapping in the course of a judicial investigation, a campaign aide said on Sunday, in the latest accusations to be made by the Fillon camp against the authorities. Fillon, a former front-runner who is now lagging in polls following a financial scandal, had earlier this week accused Socialist President Francois […]
PARIS French presidential candidate Marine Le Pen sought on Sunday to reassure voters concerned over her plans to withdraw the country from the euro zone, saying it “wouldn’t be chaos” and she would seek “well-prepared” talks with other European Union countries. Opinion polls show the anti-EU, anti-immigrant National Front (FN) leader qualifying for the April 23 first round of the presidential election but losing the May 7 […]
By Regis Duvignau and Bernard Grollier | CAMBO-LES-BAINS/SAINT-DENIS-DE-LA-REUNION, France CAMBO-LES-BAINS/SAINT-DENIS-DE-LA-REUNION, France Francois Fillon’s aides used an umbrella to shield him from eggs thrown by protesters in south-west France on Saturday as the beleaguered conservative fell further behind centrist Emmanuel Macron and far-rightist Marine Le Pen in opinion polls. The contrast between former frontrunner Fillon, embroiled in a financial scandal, and new poll favourite Macron was striking as […]
PARIS Emmanuel Macron is set to win the first round of the French general election in four weeks time, BVA pollsters said, becoming the latest survey team to put the independent centrist ahead of far-right leader Marine Le Pen for the first time. The BVA poll did not give a second round prediction, but most that have done so in recent months show Macron easily beating the […]
PARIS A month before the first round of France’s presidential election, 43 percent of voters are hesitant about who to vote for, a poll said on Friday, underlining the uncertainty surrounding the volatile election campaign. Opinion polls show independent centrist Emmanuel Macron and far-right leader Marine Le Pen likely to lead in the first round of the election on April 23 and that these two candidates would […]
The pound turned in the best performance among major currencies on Thursday, gearing up for next week’s Article 50 activation by rallying to its highest level for a month following buoyant retail data. Having momentarily regained the $1.25 level on Wednesday, sterling climbed a third of a per cent against the dollar after a 3.7 per cent rise in February retail sales, well above analysts’ forecasts. Sterling […]
Tuesday 18:30 GMT What you need to know ● Sell off in financials drives S&P 500 down 1 per cent● Euro climbs to $1.08 and dollar index slips below 100● 10-year Treasury yield at lowest since start of month● Oil prices come under renewed pressure● Gold heads for fifth daily rise in a row——————- Overview A sharp and sudden sell-off for US financial stocks helped put the […]
All the three major U.S. indexes opened higher on Tuesday, with the Nasdaq Composite hitting yet another record high, lifted by Apple. Apple (AAPL.O) rose 0.66 percent to an all-time high of $142.40 after the company unveiled a new version of its iPad tablet. The stock was the biggest boost to all the three major indexes. The gains were broad, with all the 11 major S&P sectors […]
Emmanuel Macron and Marine Le Pen, the two frontrunners in France’s election, clashed in the country’s first presidential debate over issues including Islam’s place in society, as initial polls indicated the former economy minister had held off his rivals. A little more than one month before the first round of voting, Monday’s three-hour debate was characterised by finger pointing and innuendo among the five leading hopefuls, with […]
PARIS A junior French minister backed Emmanuel Macron’s presidential campaign on Tuesday, the first member of the government to do so, just hours after he consolidated his status as favourite in the first of a series of TV debates. The backing of ecology party lawmaker and biodiversity minister Barbara Pompili is expected to be followed by more defections from the government of Socialist President Francois Hollande, in […]
TOKYO Asian shares hit 21-month highs on Tuesday while the dollar and U.S. bond yields were on the backfoot on the prospect of a less hawkish than previously expected Federal Reserve policy trajectory. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.3 percent in its eighth consecutive day of gains with tech-heavy Seoul and Taipei shares .KS11 .TWII hitting two-year highs while Hong Kong’s Hang […]
When the European Commission published a “white paper” this month on the future of Europe, something was missing. Two weeks earlier Pierre Moscovici, EU economy commissioner, had told an audience in Athens that the blueprint would include “ambitious ideas” for “deepening of the economic and monetary union” — code for overhauling the system of budget rules and policy co-ordination that underpins the single currency. Instead, amid warnings […]
By Yann Le Guernigou and Gus Trompiz | PARIS PARIS Police questioned and then released relatives of a man shot dead at a Paris airport, as investigators sought clues on why he attacked an army patrol in an incident that has pushed security to the forefront of France’s election campaign. Paris prosecutor Francois Molins said late on Saturday that the man, named as 39-year-old Ziyed Ben Belgacem, […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks were mixed on Monday in thin trade, following Wall Street’s declines and the G20’s decision to drop a pledge to avoid trade protectionism, while the Federal Reserve’s less hawkish-than-expected comments continued to drag the dollar lower. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.1 percent. Chinese shares .SSEC added 0.2 percent, while Hong Kong’s Hang Seng […]
