Skywatchers are in for a wonderful treat on May 10, Wednesday, from the May full moon, also known as the Flower Moon. The nighttime spectacle happens at 5:42 p.m. Eastern time, where the moon appears in the constellation Libra and shows off its moment of fullness afterwards. While everyone in the Northern Hemisphere won’t be able to see the moon in this full display, those in the […]
There can’t be many global brands that have the means, or even the inclination, to shut down an entire city block in Los Angeles – but that is precisely what Hermès did earlier this year. As part of its touring spring/summer 2017 men’s collection, for one night, Hermès transformed a forgotten warehouse in Los Angeles into DwnTwnMen LA, an interactive exhibition, fashion show venue and art space. […]
Uber should be regulated as a transport company rather than a technology provider, according to a non-binding opinion by the Advocate General at the EU’s top court. The US ride hailing app “must be classified as a ‘service in the field of transport’”, which would leave the US group open to tighter regulation in Europe if the opinion were to be followed in the final judgment at […]
By Tom Perry and Laila Bassam | BEIRUT BEIRUT Lebanon is on the brink of crisis again with its politicians at odds over an election law at the heart of the nation’s sectarian system, threatening to leave the country without a parliament for the first time. Parliament’s term expires on June 20 and without a compromise Lebanon faces what one minister has called the most serious political […]
By James Pearson and Ju-min Park | SEOUL SEOUL Like many other Americans who came to teach at the foreign-funded Pyongyang University of Science and Technology (PUST), Kim Hak Song was a Christian missionary who raised money from a church to come to North Korea. Kim had been running PUST’s experimental farm before he was detained on Saturday, travelling by train from Pyongyang to China’s border town […]
BT’s own goals cost the boss dearly. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Two months ago, all Paris St Germain had to do to reach the quarter finals of the European Champions League was not concede three goals in the final 2 minutes of their match against Barcelona. Barcelona’s ensuing […]
By Nandita Bose | WHEATON, Ill. WHEATON, Ill. German grocery chain Aldi Inc is trying to beat the world’s biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi has set a minimum target of selling groceries at a 21 percent discount to its U.S. rivals, including Wal-Mart Stores Inc (WMT.N), Chief Executive Jason Hart told Reuters. His strategy, previously unreported, centers on […]
A consortium led by Macquarie Group is buying a controlling stake in one of Australia’s biggest public energy companies in a deal that will deliver a A$7.6bn windfall to the New South Wales government. The sale of a 50.4 per cent stake in Endeavour Energy to the Advance Energy consortium completes a trio of energy sales in NSW under an “asset recycling” policy, which the US administration […]
A shake-up of the overarching Israel Broadcasting Authority — widely considered an outdated and wasteful enterprise — has been decades in the making. At one point it was said to have had up to 18 unions for about 1,800 employees. Israeli officials and experts across the political spectrum said that reform was essential. Continue reading the main story But the way it is unfolding appears chaotic and […]
Vice President Leni Robredo’s trust rating remains to be ‘good’ based on SWS’ classification Patty Pasion Published 12:54 PM, May 11, 2017 Updated 1:03 PM, May 11, 2017 DECLINE. Trust ratings for Vice President Leni Robredo slid down by 15 points based on the lates survey by the Social Weather Stations. Photo by Ben Nabong/Rappler MANILA, Philippines – The trust rating for Vice President Leni Robredo remains […]
Stock markets in the Asia Pacific region were mixed on Thursday as energy stocks enjoyed a boost from improved crude prices. In Sydney the S&P/ASX 200 was up 0.7 per cent as energy stocks climbed 1.1 per cent. Shares in major banks were recovering from a drop brought on by a new levy announced on Tuesday night, with National Australia Bank up 1.1 per cent. Tokyo’s Topix […]
A professor at the American University of Sharjah (AUS) is set to begin an epic 5,400km run across the United States. Dr Nicholas Ashill, Professor of Marketing, is tackling the three-month journey to inspire people to dream big and to help families suffering from pulmonary fibrosis, state news agency WAM reported. The New Zealander, who is the Chalhoub Chair of Luxury Brand Management at the School of […]
Just hours after the Fed’s March “dovish” rate hike, when stocks paradoxically surged to all time highs and yields tumbled, Goldman found something strange: “surprisingly, financial markets took the meeting as a large dovish surprise—the third-largest at an FOMC meeting since 2000 outside the financial crisis, based on the co-movement of different asset prices.” Even more surprising is that according to Goldman, its financial conditions index, “eased […]
Senators from both sides of the aisle wrote to President Donald Trump on Wednesday urging him to take a tougher line with Beijing in the South China Sea, calling for more U.S. naval patrols to uphold navigation rights in the disputed waterway. The appeal, backed by three Republicans and four Democrats, reflects growing concern in Congress that the Trump administration could be ceding strategic ground to China […]
Scientists from the UNSW in Sydney found ancient rocks in a desolate stretch in Western Australia, which could potentially aid researchers in their search for life on the Red Planet. These ancient Australian rocks — part of the Dresser Formation in Pilbara Craton — could contain possible clues to the oldest known existence of microbial life on land. The UNSW researchers discovered the fossils — believed to be […]
Snap fell short of Wall Street’s expectations in its first quarterly results as a public company, sending its shares tumbling by almost a quarter in value in after-hours trading to hit a new low. The maker of the Snapchat app reported revenue growth of 286 per cent to $149.6m but analysts had been expecting almost $10m more than that. Losses were also wider than forecasts. Daily active […]
The lead characters are a Norwegian couple who had Middle East experience and thought they might be able to broker an agreement. This was high-octane audacity. Yet the two of them — Terje Rod-Larsen, a social scientist, and his wife, Mona Juul, an official in Norway’s foreign ministry — pulled it off. Continue reading the main story The play’s Mr. Larsen, portrayed by Jefferson Mays, seems a […]
WASHINGTON Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that there should not be any relaxation of regulations that have tightened oversight of Wall Street. “Progress has been made. I wouldn’t want to roll that back off the biggest banks,” Kashkari said at an event in Minneapolis, when asked about the fate of the Dodd-Frank reform act that was passed in part to prevent big […]
BEIRUT: A top Syrian Kurdish official on Wednesday welcomed the US decision to arm Kurdish fighters with heavier weapons, saying it would “legitimize” the force as it prepares to march on Raqqa, the de facto capital of the Daesh group.But Turkey’s Deputy Prime Minister Nurettin Canikli said the decision, announced by the Trump administration Tuesday, was “unacceptable.”The US said it would provide heavier arms to the Kurdish-led […]
IBM on Wednesday is announcing significant updates to PowerAI, its deep learning software distribution package, making it faster for data scientists to deploy deep learning models and easier for developers to integrate computer vision into their applications. Analysts say that artificial intelligence has reached a tipping point where it’s being integrated into just about every service, product or integration, but there are still major challenges for the […]
Greg Malouf was down but not out. After the relative misfire of his UAE venture – Clé Dubai, which closed its doors in April last year – the celebrated Australian-Lebanese chef returns to the emirate to head Zahira, a classy Middle Eastern restaurant that opens next week at the H Hotel. “I’ve spent years working on the evolution of Lebanese cuisine, and while the dishes need to […]
The Microsoft Cortana-powered Harman Kardon Invoke has its benefits, but Amazon’s Echo lineup might be too big to topple. Redmond has no one to blame but itself. Imagine an Amazon Echo with stellar sound quality that wasn’t primarily intended to sell you stuff you don’t need. Or a Google Home that wasn’t tied to your frighteningly detailed online dossier on the gargantuan […]
ABU DHABI // Experts have called for more police presence, the use of new technologies and effective publicity campaigns to reduce speed-related crashes on the country’s roads. The Fourth UN Global Road Safety Week, which will run until May 14 and has the theme Save Lives #SlowDown, focuses on managing speed and what can be done to address this key risk factor in road traffic deaths and […]
As we reported last night, pretty much no one within the FBI had the slightest idea that Comey’s firing was coming. Even Comey himself, according to the New York Times, learned of his dismissal on the news and thought it was just a prank. Not surprisingly, this sudden and shocking ouster of an FBI director that has led an agency of 56 U.S. field offices and 30,000 […]
