WASHINGTON — The United States’ accidental bombing of Syrian troops over the weekend has put it on the defensive, undercutting American efforts to reduce violence in the civil war and open paths for humanitarian relief. The United States had thought that if a deal to ease hostilities in Syria, struck by Secretary of State John Kerry and his Russian counterpart in Geneva nine days ago, fell apart, […]
The Interpreter By MAX FISHER You could be forgiven, after five years of Syria’s war dominating front pages, for feeling lost. It is easy to track the war’s toll: It has killed 400,000 people, displaced millions, opened space for the Islamic State, and sucked in foreign powers, including the United States. It is harder to keep track of the how and why. The basics can seem even […]
Sometimes, things don’t turn out like we expect. This is the case with Chevrolet and the Chevelle. It started as a conventional car but evolved into a road warrior, carrying the muscle car torch for a new generation. The Chevelle had a body-on-frame design that, while basic, really unlocked its potential as a muscle machine. There was a time when the LS6 Chevelle was the fastest American car […]
|By Arabian Post Staff| Abu Dhabi’s Masdar City without light switches or water taps has much to teach people around the world about saving energy and precious resources. With its low-rise and energy efficient buildings, smart metering, excellent public transport and extensive use of renewable energy, the 2,000 citizens of Masdar City are living in a place which is a ‘green’ example to city planners around the […]
|By Luzi-Ann Javier| Central bankers are putting gold investors and traders on the defensive. More than 2,500 lots exchanged hands Friday for a put option giving owners the right to sell October futures at $1,300 an ounce, making it the most-traded option for the second straight day. The most active contract on the Comex slipped as much as 0.6 percent to $1,334.10. Holdings in exchange-traded funds backed by […]
|By Steve Austin| At first sight it appears that low oil prices are good for society. A low oil price helps us save dollars at the pump, acts as an economic catalyst making exchanges cheaper and thereby stimulating the economy. However, there are downsides as well, often out-of-sight-out-of-mind and we will address these today. Change in economic model For the first time we have entered an era […]
By Adam Jourdan and Paul Carsten | SHANGHAI/BEIJING SHANGHAI/BEIJING Judging by the volume of online chatter, there’s a lot less buzz in China ahead of this week’s expected launch of the new Apple Inc iPhone, and people on the street say they’re more likely to “wait and see” what the latest device offers than rush out to buy. Posts on China’s popular Sina Weibo microblogging site show […]
By Laurence Frost and Gilles Guillaume | PARIS PARIS Renault expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal. The sober reassessment was delivered at an internal meeting before the summer break. It shows how, a year after VW admitted engineering software to cheat U.S. […]
TEL AVIV — Eight months after the attack, the killer’s face hovered over Dizengoff Street again, full of menace and malevolence. On a giant outdoor screen, the killer, Nashat Melhem, talked about death and cursed the Jews as evening strollers passed by, a chilling voice from beyond the grave that was taped on his mobile phone before he opened fire on the crowds gathered here on New […]
/by Arabian Post Staff/The global growth of asset management stalled as the industry in 2015 recorded its worst year since the 2008 financial crisis, according to a report by The Boston Consulting Group (BCG). Growth in assets under management (AuM) stalled—or in the case of the Middle East declined 10%—and net new flows of assets, revenue growth, and revenue margins all dipped lower in 2015, according to […]
New research from Loughborough University has revealed many four-year-olds are not physically ready to start school. Early Years specialists in the University’s School of Sport, Exercise and Health Sciences tested 45 Foundation Stage children at two different schools and found a larger number than previously estimated are experiencing problems with balance and coordination that are impacting their ability to learn in class. Researchers used a range of […]
By Se Young Lee | SEOUL SEOUL Samsung Electronics Co Ltd (005930.KS) will replace all Galaxy Note 7 smartphones equipped with fire-prone batteries and halt sales of the flagship product in 10 markets, a devastating blow for what had been a revival in the firm’s mobile business. Koh Dong-jin, head of the South Korean company’s smartphone business, spoke at a news conference jam-packed with reporters and cameras […]
By Tom Bergin | LONDON LONDON Apple CEO Tim Cook has said he will appeal the European Commission’s ruling that his company received an unlawful 13 billion euro ($14.5 billion) subsidy when Ireland gave it preferential tax deals and that he was confident the decision would be reversed. But over a dozen lawyers, including three advising companies on appeals, told Reuters it was impossible to predict how […]
/By Arabian Post Staff/ UK bank Barclays move in 2008 to raise capital funding from private investors in Abu Dhabi and Qatar to avoid government bailout has snowballed into a major controversy as it now transpires that the bank itself loaned the money to these investors. Plc loaned $3 billion to Qatar to help fund a share purchase as the lender sought investments from the Middle East […]
Apple Says Several Billion Dollars Set Aside for U.S. Taxes Apple’s chief executive says the company has put aside “several billion dollars” to pay tax liabilities in the United States as it repatriates some of its huge overseas earnings. Tim Cook told Irish state network RTE in an interview broadcast Thursday that the money, part of profits from 2014, should be brought back to the U.S. next […]
DUBLIN Apple expects to repatriate billions of dollars of global profits to the United States next year, Chief Executive Tim Cook said in a radio interview on Thursday, but did not specify exactly how much would be returned. Apple was found to be holding over $181 billion in accumulated profits offshore, more than any U.S. company, in a study published last year by two left-leaning nonprofit groups, […]
ABU DHABI // An 11-month-old Emirati received a birthday gift to remember after becoming the youngest owner of a new Maserati sports car. Humaid Al Muhairi may be far too young to drive but that didn’t stop his family celebrating after he became the second major prize winner in Yas Island’s Say Yas summer campaign. His delighted father was given the keys to the vehicle during a […]
ABU DHABI // Fish prices are expected to fall next month as the summer heat subsides after increasing by as much as 50 per cent over the past few months. Ali Al Mansouri, president of Abu Dhabi Fishermen Cooperative Society and the UAE Fishermen Cooperative Association, acknowledged the increased prices but said they would soon start to decrease. “Due to the summer heat the catch is very […]
James Cook University, University of Sydney and Queensland University of Technology scientists working with laser data from the Royal Australian Navy have discovered a vast reef behind the familiar Great Barrier Reef. JCU’s Dr Robin Beaman says the high-resolution seafloor data provided by LiDAR-equipped aircraft have revealed great fields of unusual donut-shaped circular mounds, each 200-300 metres across and up to 10 metres deep at the centre. […]
By Joseph Menn | SAN FRANCISCO SAN FRANCISCO Apple Inc issued a patch on Thursday to fix a dangerous security flaw in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident’s phone had been targeted with a previously unknown method of hacking. The thwarted attack on the human rights activist, Ahmed Mansoor, used a text message that invited him to click on […]
Can the woolly mammoth be brought back from the dead? Scientists say it’s only a matter of time. In fact this year, the International Union for Conservation of Nature issued its first official set of guidelines on resurrecting extinct species. What’s more, university research labs and non-governmental agencies have projects in motion to bring back extinct species. But is all of this a good idea? A new […]
In a paper presented today at the Association for Computing Machinery’s special interest group on data communication (SIGCOMM) conference in Florianópolis, Brazil, a team of computer science researchers at the University of Massachusetts Amherst led by professor Deepak Ganesan introduced a new radio technology that allows small mobile devices to take advantage of battery power in larger devices nearby for communication. Ganesan and his graduate students in […]
Imagine how much dental care you’d need if you had 300 or more teeth packed together on each side of your mouth. Duck-billed dinosaurs (hadrosaurs), who lived in the Cretaceous period between 90 million and 65 million years ago, sported this unique dental system, which had never been fully understood until it was examined at the microscopic level through recent research conducted by Aaron LeBlanc, a University […]
By Ben Gruber | CAPE CANAVERAL, Fla. CAPE CANAVERAL, Fla. NASA scientists are putting the finishing touches on a spacecraft designed to rendezvous with Asteroid Bennu in 2018 to find clues about the origins of life. “We are days away from encapsulating into our rocket faring and lifting this spacecraft on to the Atlas V vehicle and beginning the journey to Bennu and back,” Dante Lauretta, the […]
