While Microsoft has had retail stores across the U.S. for many years now, it has not had a prestigious address that could compete with rival Apple’s store on New York’s Fifth Avenue. That will soon change. Microsoft said Monday it had signed a lease to open a flagship store at 677 Fifth Avenue. That will put it just blocks away from Apple’s famed location beneath the giant, […]
Cisco is adding some muscle and money to its Intercloud skeleton, signing over 30 new partners to its worldwide network of interconnected clouds. The new alliances add 250 data centers in 50 countries to Intercloud. Cisco Capital,a wholly owned subsidiary of Cisco, has also earmarked $1 billion in financing to the effort, providing the money so Cisco customers and partners can more quickly adopt the Cisco technologies […]
Dubai’s stock market looks set to see an influx of cash this week when Emaar Malls Group returns to investors the surplus funds from subscriptions to its initial public offer, which could boost the prices of other stocks. EMG, a subsidiary of Dubai’s largest listed developer Emaar Properties, closed subscriptions last Friday and will announce the final offer price on Monday, according to its prospectus. Sources familiar […]
Defiant pro-democracy demonstrators remained on the streets of Hong Kong’s financial center early Monday, after a day of protest-fueled clashes that left at least 38 people injured. Despite calls from organizers for them to return home, many of the protesters continued to jam streets of the business district. The demonstrations, which authorities have intermittently attempted to disperse by force, follow a week of student-led boycotts and protests […]
Dubai construction company Arabtec is close to completing the planning and design stage of its $40 billion deal to build one million homes in Egypt, the company said on Sunday. Arabtec originally announced in March that it had agreed with the Egyptian army to build the homes at 13 locations around the country on land provided free by the armed forces. Construction was to start in the […]
ACT I. SCENE ONE A hotel in Northern England. Late morning. Ed, a 44-year-old politician, is posing for informal, behind-the-scenes photographs with his wife, Justine. He is due to make a speech in three hours’ time. It is being billed as the most important of his career. ED (talking like a ventriloquist, without moving his lips): Stop staring at my teeth, it’s making me feel self-conscious. JUSTINE […]
By BRUCE WEBER September 27, 2014 Michael Harari, an Israeli intelligence agent who led the hit squad that was sent to avenge the murders of 11 Israeli athletes by Palestinian terrorists at the 1972 Olympic Games in Munich, died on Sept. 21 in Tel Aviv. He was 87. His death was reported by The Associated Press, citing a statement by Israel’s prime minister, Benjamin Netanyahu, who called Mr. Harari […]
By DAVID E. SANGER and ANNE BARNARD September 27, 2014 WASHINGTON — The Pentagon said on Saturday that it had conducted its first strikes against Islamic State targets in a besieged Kurdish area of Syria along the Turkish border, destroying two armored vehicles in an area that has been the subject of a weeklong onslaught by the Islamic State. The action around Kobani, where at least 150,000 refugees have crossed into Turkey, appeared to signify the opening of […]
Turkish Kurds watched Kurdish forces battle with Islamic State militants across the border in Syria on Saturday. Turkey fears the fight against the Islamic State may embolden Kurdish separatists. By ANNE BARNARD and MARK LANDLER September 27, 2014 KARACA, Turkey — No American ally is closer to the threat of the Islamic State than Turkey, and no country could play a more important role in a coalition that President Obama is […]
Supporters of the Shiite Houthi movement in Sana, Yemen, standing around the coffins of their comrades killed in recent fighting. The rebels seized control of much of the capital last week. By REUTERS September 27, 2014 SANA, Yemen — A splinter group of Al Qaeda fired a rocket toward the United States Embassy in Sana on Saturday, wounding local guards. In a post on Twitter, the group said […]
Stephen Fry has boasted of taking drugs in royal palaces and famous hotels Photo: REX FEATURES Someone once called Stephen Fry “a stupid person’s idea of what a clever person is like”. Which is unkind: there’s nothing wicked about being a bit stupid, or admiring celebrities who seem brainy and cuddly, or enjoying a faux-donnish, avuncular figure who admits his problems with depression and makes you feel as […]
Riding high on a backlash against Facebook, following the company’s decision to bar drag performers from registering using their stage personas, social networking startup Ello is aiming to be a giant killer. Ello, which launched in July, is promoting itself as a less exploitive version of the world’s largest social networking site. “Your social network is owned by advertisers,” Ello said in the first line of its […]
In a move to tap into the vast opportunities in China’s technology industry, Intel plans to invest as much as $1.5 billion for a minority stake in a holding company there. Intel is acquiring 20 percent of a Tsinghua Holdings operating subsidiary to execute its mission. Tsinghua is a solely state-owned limited liability corporation funded by Tsinghua University in China. By partnering with Tsinghua, Intel aims to […]
Hackers have already launched attacks aimed at exploiting the Shellshock Bash bug, according to Security researchers at AusCERT and MalwareMustDie. That means administrators should patch vulnerable systems as soon as possible. Shellshock is the name given to a vulnerability that exists in GNU Bash (Bourne-Again Shell) versions 1.14 through 4.3. Unix and Linux systems — as well as the Mac OS X (which also uses bash) — […]
As Google Chairman Eric Schmidt hit the interview trail this week to promote his new book, he addressed a number of contentious topics including WikiLeaks founder Julian Assange and the ever-escalating battle between his company and Apple. Schmidt was on Bloomberg TV Wednesday to talk about “How Google Works: The Rules for Success in the Internet Century,” a book he co-wrote with Jonathan Rosenberg. When mention was […]
Actress Emma Thompson and her daughter Gaia take part in the “People’s Climate March” in central London Photo: REUTERS Down with climate change! Listen – and heed – Emma Thompson’s dire warning on global warming! There now, how’s that? Having satisfied everyone’s environmental conscience, let’s tackle the other burning (but, let me stress, not fossil-fuel) issue at the heart of the People’s Climate March in London at the […]
The Dow Jones Industrial Average (DJIA) Index is the only stock market index that covers both the second and the third industrial revolution. Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical graph is a useful way to show which phase the industrial revolution is in. Changes in the DJIA shares basket, changes in the formula and stock splits […]
|By TAP Staff| Dubai Duty Free (DDF) has completed re-pricing a $1.75 billion loan for the second time in about a year with more favourable terms, the leading retailer announced in a statement. It said a second facility worth $750 million has also been renegotiated. The $1.75 billion six-year loan, originally signed in July 2012 but repriced a year later, now carries an interest rate of 1.5 […]
|TAP Special| Sultan bin Nasser Al Suwaidi, who has been replaced by Emirates Investment Authority chief executive Mubarak Rashid al-Mansouri as the new UAE central bank governor, was a hardcore dollar loyalist and had all along resisted any change in the dirham’s peg to the greenback. The outgoing governor has served in that position for over two decades and the entry of a financial professional as the […]
Just when you thought the drama was over. Apple is taking the iCloud hack that revealed naked selfies of celebrities seriously, adding new security tools to keep its cloud safe. But there’s still fallout from the early-September iCloud hack. Indeed, headlines report a new wave of naked photographs of celebrities leaked online. This wave includes movie star Gabrielle Union, pop star Rihanna, Disney Channel star Vanessa Hudgens, […]
Google has reportedly turned to HTC to develop its next Nexus tablet, the 9-inch Nexus 9. According to an article Monday in The Wall Street Journal, HTC engineers have been visiting Google’s headquarters in Mountain View, California, “in recent months.” If true, the report is noteworthy because HTC currently focuses largely on smartphones and accessories. Its last foray into the tablet market ended in disappointment: The Android-based […]
The Dubai International Financial Centre DIFC plans $700m sukuk issue by end-October DUBAI, 1 days ago DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is seeking to raise as much as $700 million by issuing a sukuk to help repay existing debt and fund real estate development, its top executive said on Sunday. The company aims to finalise the ijara-structured deal by […]
Apple’s latest additions to the iPhone family — the iPhone 6 and the iPhone 6 Plus — went on sale in stores Friday amid reports of lines stretching 10 blocks long at the Fifth Avenue Apple Store in New York. In addition to many other new features, the two new devices sport larger screen sizes than previous models, including the 4-inch iPhone 5 (shown above, left). The […]
Dave was already up, watching the referendum results, when Samantha reminded him he had a speech to make Photo: REX FEATURES SAM woke up before six on Friday morning to find the bed beside her empty and the sheets cold. She got up and padded through the flat till she found Dave gazing bleary-eyed at the TV news. “Who won?” she asked, picking up the empty coffee mug […]
