Demand for oil will outstrip supply in the next six months as long as Opec and countries outside the cartel can implement a deal signed over the weekend to lower output, according to one of the world’s leading energy forecasters. The International Energy Agency said the planned production cuts, which add up to 1.8m barrels a day, could reduce stockpiles by as much as 600,000 b/d over […]
The battle for eastern Aleppo will be over soon, but tens of thousands of Syrians there will find little peace. The victory for the government of President Bashar al-Assad will open another violent, disorienting chapter in their lives, and a dangerous one for the opposition. Soon, civilians and rebel fighters alike will either be punished or have to flee the city and join the many thousands of […]
By Laila Bassam | ALEPPO, Syria ALEPPO, Syria The Syrian army and its allies have taken full control over all the Aleppo districts abandoned by rebels during their retreat in the city, a Syrian military source said on Tuesday. Rebel defences collapsed on Monday, leading to a broad army advance across more than half of the remaining insurgent pocket in Aleppo and a retreat of opposition fighters […]
Cronologics Google has acquired the team behind Cronologics, a company focused on the development of operating systems suitable for wearable devices. Started in 2014 by former Google business employees, the company hoped to one day create the go-to platform for smartwatches. With the introduction of Android Wear and Apple watchOS, this dream did not come to fruition, but there is still a future for the startup’s team. […]
Former New York Times White House correspondent Peter Baker will make an abrupt return to Washington, D.C. from Israel to cover the White House, the newspaper announced Monday. Baker, who moved to Jerusalem earlier this year after covering the run-up to the election, is being brought back to complete the Times’ political team. Baker is a 15-year veteran of the White House beat and has covered Barack […]
Bubbly home prices in London’s most exclusive neighborhoods continue to deflate and have just recorded their largest December decline since the “great recession” in 2010. According to Bloomberg, asking prices in London dropped 4.3% in December with inner London down 6%. Meanwhile, the most exclusive neighborhoods, like Kensinton and Chelsea, have recorded even sharper declines at nearly 10% as home buyers have migrated to cheaper areas of […]
By the late 1970s, a decade after horrific riots, the Pistons had fallen on hard competitive times, along with the city, and out they went to a charmless football dome in distant Pontiac, Mich., and later to the basketball-specific Palace of Auburn Hills. A team in a sport played increasingly by young black men fled the city while hockey’s white-as-ice Red Wings stored their gloves and sticks […]
Michael Moritz – chairman of Sequoia Capital and one of the most successful venture capitalists in history – says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups. “The movement of goods and services and people, by easier, more convenient means,” he said in an interview. “That’s a huge trend, enabled by smartphones.” Led by Sequoia and another blue-chip Silicon […]
Here’s a little known fact about supermoons: They’re made up and a complete waste of everyone’s time. Supermoons are a by-product of an always-on media machine that demands a constant stream of things to comment on and—in the absence of actual commentary-worthy items—is more than willing to completely fabricate them. The term “supermoon” refers to a full moon that occurs when the moon […]
After eight years in which interest rates in rich countries have kept close to all-time lows, a change of weather is in the air. Donald Trump’s election as US president and widespread expectations that the Federal Reserve will nudge rates higher this week have made their mark on the markets. The big question is whether short-term pressures for higher US interest rates are strong enough to overturn […]
Former Center for Public Integrity data editor David Donald, a pioneer and leader in the development of modern computer-assisted reporting worldwide, died Saturday at Reston Hospital Center in Virginia after a year-long battle with cancer. He was 64. Donald was one of the early and most successful practitioners of data-based, investigative journalism that relied on computer analysis. He became a passionate Pied Piper for such reporting, crisscrossing […]
Photo Kayla Harrison plans to take up mixed martial arts in the World Series of Fighting, and hopes “to see it go more toward the professional route.” Credit Earl Wilson/The New York Times Only one American has ever won an Olympic gold medal in judo: Kayla Harrison. And she has won two, in London in 2012 and in Rio this year. Yet despite her achievements, Harrison is […]
TechnologyOne, an enterprise software company listed among the ASX 200, has claimed the Australian Taxation Office’s (ATO) corporate tax transparency report, which states the company has paid less than 30 percent tax in the 2014-15 financial year, is “both confusing and misleading”. The company’s executive chairman Adrian Di Marco said TechnologyOne’s effective tax rate would have been 30 percent had the government research and development (R&D) tax […]
Dec 12, 2016 12:46 pm IST Air pollution in New Delhi spiked again last week, covering the city in a thick, toxic smog that resulted in reduced visibility, as harsh winter days approach. The Indian capital’s air quality has been at hazardous levels for much of the past week, according to measurements taken by the U.S. embassy. Real-time air quality data from India’s Central Pollution Control Board […]
By Alastair Macdonald | BRUSSELS BRUSSELS European Union leaders will set out plans this week for negotiating Britain’s exit, diplomats said, after national officials met late on Monday to prepare an EU summit statement. After the 28 national leaders meet in Brussels on Thursday, British Prime Minister Theresa May will leave and the other 27 will dine without her and agree principles on how negotiations with London […]
MANAMA, Bahrain — The political shock waves from the American presidential election are being felt here in the Persian Gulf, where diplomats, military commanders and other senior leaders say they are both fearful and excited about which Donald J. Trump shows up after he is sworn in as president on Jan. 20. Will it be, they ask, the President Trump who has vowed to cut off American […]
Following Friday’s report by RCB’s Charlie McElligott which sought to answer “THE” question every investor is asking, namely “what could derail this rally“, today’s the cross-asset strategist has released a follow up analysis in which he warns that even though the bond battering continues – and is likely to continue for a while – the market is now being set up for a “massive mean-reversion” counter-trend rally […]
“It’s just abnormal,” said Doc Rivers, the coach of the Los Angeles Clippers. “I never even spent one second thinking about what I was going to say,” said Kevin McHale, the former coach of the Minnesota Timberwolves and Houston Rockets. Continue reading the main story A flash of insight? A burst of banter? Those are considered monumental successes in the in-game interview genre, which tends to consist […]
3D printing is often touted as a great tool for designers to test and refine their designs prior to manufacturing. But you can do a lot more with 3D printing, even with inexpensive home printers. For example, you can use a 3D printer to create and produce a replacement part for something you use every day. In my case, I made a replacement back cover for a […]
As the first mainstream fiction film tackling the thorny issue of gun control in the United States, Miss Sloane – which opened the 13th Dubai International Film Festival on December 7 and goes on general release in the UAE on December 15 – was always likely to attract angry headlines from both sides of the debate. So while it might be surprising that no one has tackled […]
LONDON Competitors galloped and neighed through the streets of southeast London on Sunday in a pantomime horse race. Some 20 pairs of participants dressed in colourful horse costumes for the Christmas charity race through the Greenwich area, making “pit stops” at pubs before crossing the finish line. Dozens of spectators watched the duos, one person wearing the head and another the back end of the costume, navigate […]
Sumner Redstone and his daughter Shari have scrapped plans to merge Viacom and CBS, the two media companies they control, amid disagreements about valuation and management control. The news surprised investors, who had been betting on a merger after months of discussions between America’s leading broadcast network and the owner of Paramount Pictures and MTV. Viacom shares fell as much as 8 per cent in morning trading […]
For the last 28 years, I have written a prediction column for the new year. I study our research and look for trends that provide hints of what might impact the tech industry in the near future. In 2017, be on the lookout for augmented reality products (more so than VR), the further development of autonomous vehicles and smart cities, and the impact of the […]
Doctoral student Shuo Li shakes hands with an optoelectronically innervated prosthesis. Credit: Huichan Zhao/Provided Most robots achieve grasping and tactile sensing through motorized means, which can be excessively bulky and rigid. A Cornell group has devised a way for a soft robot to feel its surroundings internally, in much the same way humans do. A group led by Robert Shepherd, assistant professor of mechanical and aerospace engineering […]
