LONDON British police said on Monday they had found no evidence that Khalid Masood, who killed four people in an attack on parliament last week, had any association with Islamic State or al Qaeda, but he was clearly interested in jihad. Masood drove a car through a crowd of pedestrians on Westminster Bridge, killing three and injuring about 50, then ran through the gates of parliament and […]
March 27, 2017 by: Roger Blitz in London and Eric Platt and Robin Wigglesworth in New York Financial markets shuddered on Monday as investors absorbed the collapse of US healthcare reform last week, with some fearing pro-growth policies like tax reform could be stymied by government inaction and a Republican party in disarray. Global stocks retreated, US banks slid into correction and the dollar index fell to […]
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 when President Trump raised the white flag on Obamacare Friday, did he pick up the phone and gave the exclusive to Breitbart, The Daily Caller or LifeZette? Nope. He called reporters at The Washington Post and The New York […]
For this week’s column, I asked one of my staff, Carolina Milanesi, to weigh in on the movie Hidden Figures and how it points to the future of AI. She also brings a woman’s perspective to a subject I feel is important to the story and the AI Connection. This essay first ran on our blog. – Tim Bajarin This weekend, I finally watched Hidden […]
Raya Abirached is familiar to local movie fans as the face of MBC’s Hollywood coverage, and Arabic cinema as host of her own show Scoop. This weekend, however, Abirached takes a break from interviewing the stars of the silver screen and becomes one herself – she is the voice of Smurf Willow in the Arabic version of the Smurfs latest big screen outing, The Lost Village. This […]
Apple and Facebook are gearing up to challenge start-up Magic Leap and Microsoft’s HoloLens in the race to create a pair of augmented reality glasses that could one day replace the smartphone as consumers’ primary computing device. Apple is stepping up its efforts in AR eyewear, according to people with knowledge of its efforts, while Facebook is also researching the technology that can make what chief executive […]
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 […]
LONDON A stronger-than-anticipated economic recovery, the return of inflation and the region’s financial sector in a “sweet spot” has spurred Morgan Stanley to lift its earnings forecasts and targets for European benchmark indexes. The U.S. bank now sees earnings per share growth for 2017 coming in at 16 percent for the MSCI Europe with the index rising as much as 8 percent over the next 12 months. […]
In July 2011 an unusual fascination had gripped some members of New York’s financial community. Walk into a Manhattan office expecting to discuss the US stock market with an investor who exclusively backed equity hedge funds, and they instead had Italian government debt on the brain. Selling short bonds of the eurozone’s third-largest economy had become so popular that non-debt specialists had started to notice, and rising […]
A couple of weeks ago we wrote several notes about German Chancellor Angela Merkel’s painfully awkward visit to the White House. After meeting in private, the pair sat down in the oval office for a brief press conference where you could cut the tension with a knife. At one point someone from the media asked for a handshake but the request was promptly ignored. “Can we get […]
China has eclipsed Singapore as the biggest source of investment in Malaysian real estate, as soaring domestic property prices push mainland investors to hunt for bargains abroad. Chinese groups have invested more than $2.1bn in Malaysian real estate over the past three years, compared with $985m invested by Singaporean companies between 2014 and 2016, according to figures from Real Capital Analytics based on completed transactions of $10m […]
GCC expats are miles behind their counterparts in North America, Europe and Asia when it comes to retirement planning, a study by global financial firm Guardian Wealth Management has found. In fact, in the annual pensions survey conducted by GWM, it found that 64.21 percent of GCC expats have no pension at all. This is compared to 14.49 percent in North America, 43.85 percent in Europe and […]
Why Fort Lauderdale? At the centre of a south Florida coastal strip stretching from West Palm Beach to Miami, Fort Lauderdale is still, in many people’s minds, the quintessential Florida holiday destination, famous for its excellent beaches, which became synonymous with the image of thousands of partying college students on “spring break”. While its beaches are still fantastic – with clear water, soft sand and a well-planned […]
March 26, 2017 by: FT Confidential Research Government efforts to cool the Chinese housing market are not working. Despite an intensifying clampdown, more households expect prices to continue rising in the coming months, particularly in the richest cities that are the focus of the government’s campaign. Consumer sentiment towards real estate purchases has also spiked, probably in response to widespread coverage of the policy tightening. The clampdown […]
Angela Merkel gained a surprise boost to her hopes of retaining power in September’s German parliamentary vote when her Christian Democrat party confounded pollsters with a big victory in a closely watched regional election. Her main challenger, the new Social Democrat leader Martin Schulz, suffered his first serious setback as the SPD failed to turn recent opinion poll gains into electoral success in the gritty industrial region of […]
Hours before the Republicans’ healthcare overhaul was defeated on Friday, the US Treasury secretary was sounding an upbeat note about another element of President Donald Trump’s agenda — tax reform. Healthcare is complicated, Steven Mnuchin declared at an event in a Washington art gallery. Tax reform, he said, is much more straightforward. That bold assertion will be tested sooner than expected, as Mr Trump has signalled he […]
It should come as no surprise that there are numerous activities related to Trust, Identity, and Privacy on the agenda for IETF 98. Below I will highlight a few of the many activities and provide pointers to a number of additional ones. There is something for everyone interested in these areas in Chicago in the coming week! The fun starts before the meeting even begins with the […]
Advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or “knowledge-based” jobs. Just a few examples: self-driving technology may eliminate the need for […]
The power of the movies to mould public opinion has never been lost on politicians, but rarely do they get to wield it as a tool for pro-war propaganda with such force as during the Second World War. A new three-part docuseries that comes to Netflix on Friday, Five Came Back: A Story of Hollywood and the Second World War, “tells the extraordinary story of how Hollywood […]
General Electric is planning to launch products based on what it calls a Digital Ghost, a combination of its digital twin efforts and industrial control technologies, to thwart cyberattacks. This effort, which is likely to be commercialized in the next year, aims to us physics to thwart attacks. Industrial machines would be able to sense anomalies that would trigger an autoimmune response to attacks. GE’s plans could […]
By Tsvetelia Tsolova and Angel Krasimirov | SOFIA SOFIA Bulgarians were voting in a snap general election on Sunday, with the centre-right GERB party challenged for power by Socialists who say they will improve ties with Russia even if it means upsetting the country’s European Union partners. Many Bulgarians feel a strong cultural affinity for Russia, with which they share the Cyrillic script and Orthodox Christianity and […]
DUBAI // A troupe of 22 young dancers is heading to Disneyland Paris this week to perform for crowds at the theme park. Step Up Academy, based in Motor City, will be twirling and pirouetting on stage in one of the biggest theme parks in Europe. The expat youngsters, aged eight to 15, from 14 countries from Colombia to Egypt, Lebanon to Italy, will perform their 20-minute […]
I am blessed to write about smartphones here on ZDNet and tend to overspend on the high end flagships because of how much time I spend using phones every day. However, after 10 days with my T-Mobile SIM in the new Moto G5 Plus, it will be very difficult to justify spending more than $300 on a smartphone again. The Moto G4 Plus, check out my review […]
It was a bumper day for John McCain when on Friday Donald Trump’s Republican nemesis gloated as Trump’s “art of the deal” collapsed in the last minute, after the President and Ryan-led effort to repeal Obamacare suffered what appears to be a terminal setback. In the wake of Trump’s misfortune, McCain renewed his calls on Friday for a return to a legacy neocon status quo, when speaking […]
