A major Nor’easter threatens to shut down travel due to heavy snow and strong winds from Washington, D.C., to New York City and Boston early this week, as weather forecasters on Sunday put the U.S. East Coast on a blizzard watch, warning some 50 million people of potential snowfall from 12 to 18 inches, coupled with wind blasts in some areas from Monday night into Wednesday. New […]
BOSTON BlackRock Inc(BLK.N), which wields outsized clout as the world’s largest asset manager, planned on Monday to put new pressure on companies to explain themselves on issues including how climate change could affect their business as well as boardroom diversity. The move by BlackRock, a powerful force in Corporate America with $5.1 trillion under management, could bolster efforts like climate-risk disclosure practices developed by the Financial Stability […]
Stuart Gulliver has told the HSBC board he will quit as chief executive next year, making the search for his successor a priority for Mark Tucker, who has decided to leave Asian insurer AIA to become the bank’s chairman. The appointment of Mr Tucker was announced before the Hong Kong market opened on Monday by AIA and HSBC, which first approached the insurer’s president and chief executive last […]
March 13, 2017 by: Hudson Lockett in Hong Kong and Michael Hunter in London Monday 07:15 GMT What you need to know US West Texas Intermediate crude is at $48.33 a barrel, having fallen under $48 for the first time in more than three months. The pound is holding above $1.22 as speculation mounts that the UK government is poised to trigger Article 50 of the Lisbon […]
Stock photo The price of Bitcoin plummeted after the US Securities and Exchange Commission (SEC) denied a request to bring Bitcoin to the financial market, highlighting how the value of the virtual currency can change within minutes. In February, the virtual currency’s value reached an all-time high of over $1,300 with investors taking a punt on rumors SEC would allow the first Bitcoin ETF. An exchange-traded fund […]
Chefs Chris and Jeff Galvin have found success the old-fashioned way – through sheer talent and hard work. The British brothers, who opened Demoiselle by Galvin in Dubai’s City Walk this past week, have built a small, family-run restaurant empire with a focus on high-quality French cuisine. The Galvins grew up in Essex, surrounded by woods and fields.”Our mother taught us about hard work and good manners. […]
Image copyright Charles Fox Cambodia’s construction industry is booming, and high-rises are being built across the capital of Phnom Penh. With the city’s population doubling over the past four years, it has begun its transformation into a sprawling metropolis. The industry employs a large number of migrant workers who flock to the capital in search of work. Image copyright Charles Fox Around a third of these workers […]
By Jeremy Wagstaff | SINGAPORE SINGAPORE In today’s so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon’s (AMZN.O) Echo or Google’s (GOOGL.O) Home. This voice-first market – combining voice with artificial intelligence (AI) – barely existed in 2014. This year, Voice Labs, a consultancy, expects 24.5 […]
Geert Wilders is the favorite to win the elections in the Netherlands in about 3 days and may one day become their new leader — running on a blatant anti-Islam platform — pushing forth the narrative that Islam is anti-human rights, anti-democratic, and invokes violence amongst ardent followers of the faith. Over the past two days, relations between the Dutch and the fucking Turks have deteriorated because […]
Allu Arjun takes a seat in Ray’s Bar at Jumeirah Etihad Towers, sets his bag by his side and slides back. The camera moves in as he prepares for his scene, a confrontation between the film’s hero, played by Arjun, and the villain, who is trying to steal his girl. It’s the 11th day of filming for the Telugu film stars of Duvvada Jagannadham, the latest in a series […]
When it comes to renewable energy in Saudi Arabia, there still remains more than a hint of scepticism. Multi-billion dollar plans have come and gone and the kingdom has made little progress developing renewable energy capabilities to harness its advantageous climatic conditions. In 2010, the King Abdullah Centre for Atomic and Renewable Energy (KA-Care) was established to develop the country’s renewable and nuclear capabilities, as the country […]
Tesla co-founder and CEO Elon Musk has been transitioning his company into the clean energy business and its name change in February only serves to highlight that idea. In fact, Musk is very keen on promoting solar energy as the best source of renewable energy and his enthusiasm and confidence seems to rub off on his colleagues. Lyndon Rive, vice president of energy products at Tesla, said in a […]
Chinese leasing companies have taken ownership of hundreds of vessels in deals worth tens of billions of dollars in the latest sign of the industry’s rapid transformation amid a long-running financial crisis. The deals made by Chinese companies, including the leasing businesses of ICBC, China Minsheng Bank and Bank of Communications, have provided badly-needed financing for shipowners as miserable trading conditions dominate most shipping sectors. Although there […]
By Tuvan Gumrukcu and Thomas Escritt | ANKARA/ROTTERDAM ANKARA/ROTTERDAM Turkey told the Netherlands on Sunday that it would retaliate in the “harshest ways” after Turkish ministers were barred from speaking in Rotterdam, as a row over Ankara’s political campaigning among Turkish immigrants escalated. President Tayyip Erdogan labeled the Netherlands a “Nazi remnant” after it became the latest European country worried about political tensions inside Turkey spilling beyond […]
Here are the main questions facing investors and markets as a new trading week beckons. What will the Federal Reserve say?Sometimes words matter more than action. A quarter percentage point tightening is all but baked in after the February jobs report, when 235,000 jobs were created — eclipsing market expectations. Of greater importance is whether Fed officials indicate a willingness for a faster rate of tightening in […]
Everspin has shipped over 60 million MRAM chips in the last eight years. So why haven’t you heard of them? MRAM is a different type of nonvolatile memory, with unlimited durability, good speed – 35nsec reads and writes – 20+ years of data durability, lower power consumption than flash, byte addressability, and the ability to endure extreme temperatures. It also costs much more than flash. As such […]
Google’s self-driving unit, now called Waymo, is going after Uber, and it’s making it clear. It’s stepping up its legal attack on the popular ride-hailing company, most recently by asking a court to block Uber from leveraging technology, which it allegedly stole from Waymo to get ahead in the race for driverless cars. Waymo’s Uber Lawsuit The two, both Silicon Valley companies, are duking it out over […]
DUBAI // Lubna is a 38-year-old mother who fears she will soon be forced to live on the streets, along with her three-year-old son. She lives in a rented flat paid for by a benefactor. “It’s paid for until the middle the month but then I am on the streets,” she says. Lubna wasn’t always living with the threat of homelessness. She came to Dubai seven years […]
You couldn’t have asked for a better setting – five talented, varied poets reading selections of their award-winning works in a desert camp under the night sky. There was a big crackling fire, regional bites and oud instrumentals wafting from the speakers. It is no wonder that since the Emirates Airline Festival of Literature launched its Desert Stanzas programme in 2013, each edition of the one-night-only event […]
DUBAI // It’s usually thought of as a cosmetic treatment that can make people look younger. But now Botox injections are being used to relieve the misery of migraine sufferers. Those with chronic neurological conditions, neck pain, muscle cramps, twitching eyelids or even excessive sweating could benefit from injections. Doctors at the German Neuroscience Centre have used Botox on patients who may have developed a resistance to […]
By Fathin Ungku and Hillary Teo | SINGAPORE SINGAPORE More than 100 people gathered in Singapore’s Speakers’ Corner on Saturday for a rare protest against a government plan to hike water prices that has stirred discontent over sluggish economic growth and rising unemployment in the city-state. Singapore’s government enjoys strong popular support but is also known for having little tolerance for dissent. Residents are only allowed to […]
Flippy the robot is starting its culinary career with one simple task, but just like any rookie, it is learning on the job. With some practice and training, Flippy will be able to do everything from chopping vegetables to plating meals like a pro. Miso Robotics created the robot, which debuted in a kitchen at the restaurant chain CaliBurger in Pasadena, Calif., this week. “Flippy will initially […]
Her name is synonymous with delicate fragrances in luxury packaging; the very scent of aspiration. But Jo Malone spent years wondering if her sense of smell would ever find a new outlet, after selling her eponymous brand and walking away from the business – a decision she now says was “the biggest mistake” of her life. Yet after a lengthy hiatus in which she found her creative […]
Photo President Recep Tayyip Erdogan of Turkey at a rally in Istanbul on Saturday. He threatened to retaliate against the Netherlands for denying the foreign minister permission to fly in. Credit Ozan Kose/Agence France-Presse — Getty Images PARIS — The Dutch government on Saturday intensified a diplomatic dispute between Turkey and its NATO allies in Europe by refusing to let the Turkish foreign minister fly into the […]
