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Credit: fdecomite More than 3 million people (three times previous estimates) are estimated to be actively using cryptocurrencies like bitcoin, finds the first global cryptocurrency benchmarking study by the Cambridge Centre for Alternative Finance. While many members of the general public may have heard of “bitcoin”, the first decentralised cryptocurrency launched in 2009, a new report from the Cambridge Centre for Alternative Finance (CCAF) paints a broader […]

BANGKOK Thai police found 35 migrants from Myanmar abandoned and wandering in a southern forest on Friday, raising fears that smuggling and trafficking routes are flourishing despite a crackdown by authorities. The 28 men and seven women were discovered by villagers in Tha Sala district in Nakorn Si Thammarat province, police said. They were on their way to Malaysia and had no identification cards on them. “They […]

On Friday, Jan. 5, 1979, Prince made page 1D of the Minneapolis Star. The piece about the 19-year-old singer’s return to Minneapolis was below the fold, under a piece about Disney. More than 38 years later, you can see that page in full thanks to the Star Tribune’s newly digitized archives. Want more on the transformation of local news? Join the conversation in our weekly newsletter, Local […]

Dubai-based DP World and the National Investment and Infrastructure Fund (NIIF) have signed an agreement to develop the logistics sector in India. The agreement comes as a result of the visit to India in February 2016 of Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and Sultan Ahmed bin Sulayem, DP World Group chairman and CEO, a statement said.  DP World announced at the […]

JAKARTA About 200 prisoners in Indonesia broke out of an overcrowded jail on Sumatra island on Friday, tearing down a gate near a mosque in the prison complex after being allowed out of their cells to pray, officials said. Inmates had complained about their treatment in the jail in Pekanbaru, Riau province, and accused some guards of being violent, said Ferdinand Siagian, head of the regional office […]

Just a few days after OnePlus CEO Pete Lau posted the first teaser for the upcoming OnePlus 5, some of the most important specifications of the device have been allegedly leaked on Chinese social network Weibo. According to Lau, OnePlus fans should expect a “big surprise” soon from the company. From the leaked specifications, the OnePlus 5 will definitely be considered as a smartphone to look forward […]

(Image: file photo) The UK government is planning to push greater surveillance powers that would force internet providers to monitor communications in near-realtime and install backdoor equipment to break encryption, according to a leaked document. A draft of the proposed new surveillance powers, leaked on Thursday, is part of a “targeted consultation” into the Investigatory Powers Act, brought into law last year, which critics called the “most […]

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Saudi Arabia is seeking foreign investment in its healthcare industry as it plans to turn hundreds of government-owned hospitals and thousands of primary care centres into better-run corporations, Health Minister Tawfig Al-Rabiah said. Nearly 80 percent of health care in Saudi Arabia is provided by the government, Al-Rabiah said in an interview in Boston. But the kingdom “is trying to move the private sector to invest more,” […]

“Something is off,” warns RBC’s head of cross-asset strategy Charlie McElligott in the introduction to his latest market noting that the swing in US fiscal policy optimism is coming at a critical time as the China’s liquidity tightening is spooking the reflation story. SUMMARY: Movement on US fiscal policy is currently driving US rates and equities higher, counteracting the tremendous negative implications of this ‘Chinese tightening / […]

By Saikat Chatterjee | HONG KONG HONG KONG Asian stocks declined for a third consecutive day on Friday as fresh falls in commodities raised concerns about the health of the global economy, though the euro bucked the broad weakness on receding concerns about France’s presidential election. Chinese stocks led regional losers, falling to a three-month low as concerns about tighter financial regulations weighed on banking shares while […]

Spotify and a host of European internet businesses have called on Brussels to crack down on what they see as troubling practices by the likes of Apple and Google. Big internet platforms “can and do abuse their privileged position”, according to a letter signed by the chief executives of Spotify, music streaming rival Deezer and German start-up investor Rocket Internet among others. Although the letter to the […]

Throw them into the bay, or throw them into jail? Those were two possible replies to a poll set up by a user on Twitter. He wanted to know how to deal with “treacherous journalists” – the journalists in question were reporters working for the Panamanian daily newspaper La Prensa. The paper’s newsroom lies just 7.2 miles away from the offices of Mossack Fonseca, the law firm […]

Delta Air Lines Inc (DAL.N) apologised on Thursday to customers, who were forced off its flight last month, and said it would refund them and provide additional compensation. A video was posted online by Brian Schear on Wednesday, claiming that Delta “booted” him off a flight, along with his wife and two infants, due to overbooking. (bit.ly/2qD3dYH) “We are sorry for the unfortunate experience our customers had […]

DP World and National Investment and Infrastructure Fund (NIIF) to back future infrastructure projects DP World and National Investment and Infrastructure Fund (NIIF) to back future infrastructure projects New Delhi, India, 4 May, 2017 Global trade enabler DP World and the National Investment and Infrastructure Fund (NIIF) have signed a Memorandum of Understanding (MoU) to develop the logistics sector in India. The agreement comes as a result […]

The US energy industry has morphed from 2016’s big winner to the bottom of the heap this year in a slide that has accelerated as oil prices fell on Thursday to the lowest level since November. Energy stocks listed on the S&P 500 index dropped 1.9 per cent on Thursday. The fall brings the sector’s decline this year to 12.1 per cent, the biggest drop of the […]

MUSCAT // Travel agents in Muscat say holiday bookings for Dubai have risen by 80 per cent in the past 12 months, as Omanis hit by rising inflation opt for destinations closer to home. Dubai has taken over from Thailand as the top holiday destination for Omanis. “Omani travellers now prefer to go on holiday in Dubai … more than other destinations,” Veenith Laghari, a tour operator […]

Your daily guide to community and cultural activities across the Emirates for May 5, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Food festival Visit […]

JUBA Unknown assailants attacked a U.N. operating base in northern South Sudan overnight, showing “callous disregard” for civilians and aid workers, the head of the U.N. mission said. The assault in the town of Leer, which lies in an oil-producing region, was repelled by Ghanaian peacekeepers. There were no reported injuries. The assailants’ identity was not clear. David Shearer, head of the U.N. mission, said the attack […]

GENEVA The United States will shoot itself in the foot if it quits the Paris climate accord because China, India and Europe will snap up the best power sector jobs in future, U.N. Environment chief Erik Solheim said on Thursday. U.S. President Donald Trump is expected to announce as early as next week whether he will take the United States out of the climate pact, having vowed […]

(Image: file photo) Last month, several competing students from universities across the US descended upon San Antonio for the National Collegiate Cyber Defense Competition (CCDC). CCDC, which originated in 2005, is a defensive security competition that puts students in a real-world commercial IT environment and tests their ability to defend, detect, and respond to outside threats, including maintain availability of existing services like mail servers and web […]

JERUSALEM: A Palestinian attempted to stab Israeli police near a flashpoint holy site in Hebron in the occupied West Bank on Thursday and was shot and wounded, Israeli authorities said.The incident occurred near the site known to Muslims as the Ibrahimi Mosque and to Jews as the Cave of the Patriarchs in the tense city, where several hundred Israeli settlers live under heavy guard among some 200,000 […]

Authored by 720Global’s Michael Lebowitz via RealInvestmentAdvice.com, “History has not dealt kindly with the aftermath of protracted periods of low risk premiums” – Alan Greenspan The ability to see beyond the observable and the probable is the most important and under-appreciated characteristic of successful investors. For example, visualize a single domino standing upright. With this limited perspective, one can establish what the domino is doing in the […]

By Julia Simon | NEW YORK NEW YORK Oil prices collapsed on Thursday to their lowest since late November as investor worries about the world’s stubbornly persistent glut of crude erased most of the gains that followed last year’s OPEC’s output cut. The slide worsened after OPEC delegates downplayed the chance that their group and other producing countries would deepen their output cuts when they meet on […]

Figure 1: An X-ray diffraction image of a chip package containing four multi-stacked silicon die. The thickest silicon die (300 µm thick) is the large flat stripe, which experiences the least warpage as it is glued to the package lead frame (lead frame not imaged). The three “wiggly” strips are individual transmission section images for each of the three remaining die (each 50 µm thick) stacked upon […]

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