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Photo Mahmoud Abbas, right, the president of the Palestinian Authority, met with Jason Greenblatt, President Trump’s envoy to the Middle East, in the West Bank on Tuesday. Credit Mohamad Torokman/Reuters JERUSALEM — President Trump’s new envoy to the Middle East met on Tuesday with Mahmoud Abbas, the president of the Palestinian Authority, striving in the administration’s first diplomatic undertaking here to maintain a public evenhandedness amid the […]

Oil prices have fallen almost 10 per cent in the past week to their lowest level since Opec agreed to cut output in November. Here are five factors contributing to the renewed bout of selling that could dictate whether Brent crude can hold above $50 a barrel. 1. Shale The US shale industry has come back with a bang, with oil prices back above $50 a barrel. […]

This weekend, New York Times Executive Editor Dean Baquet took a shot at his rival, Washington Post boss Marty Baron. During an interview at South by Southwest Sunday, an audience member asked Baquet what he thought of The Washington Post’s new slogan: “Democracy Dies in Darkness.” “‘I love our competition with The Washington Post,’ Baquet said. ‘I think it’s great. But I think their slogan — Marty […]

By Jonathan Allen and Scott Malone | NEW YORK/BOSTON NEW YORK/BOSTON A blizzard swept through the heavily populated northeastern United States on Tuesday, grounding thousands of flights, cancelling classes and pummelling those who ventured out onto snow-bound streets. Some 50 million people from Pennsylvania to Maine faced a “rapidly intensifying nor’easter” over the course of the day that was unusual for striking so late in the winter, […]

By Anthony Boadle | BRASILIA BRASILIA Former President Luiz Inacio Lula da Silva on Tuesday called charges “false” that he tried to block an ongoing investigation of the biggest graft scandal in Brazil’s history, which helped end the 13-year rule of his leftist Workers Party. Addressing a packed court, a defiant Lula appeared for the first time in one of five corruption trials in which he is […]

Identity management company Okta has officially filed for an initial public offering, seeking to raise $100 million. The tech IPO scene has been rather sluggish in the past several years, but things are expected to pick up in 2017 and the recent Snap IPO breathed some much-needed new life into the space. Many believe that the Snap IPO opened the door to more tech IPOs and they might just […]

FUJAIRAH // An oil spill on Fujairah’s coastline led to a ban on people swimming at several hotels. The two kilometre-long spill, which was first spotted off the coast of the Al Aqah area of Dibba on Monday, forced beach closures but did not immediately appear to affect wildlife. “The oil patches were spotted on Monday morning at about 9am and they were covering the whole beach, […]

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The head of the main film festival in Saudi Arabia, where cinemas are banned, wants the government to invest in the sector as part of its campaign to encourage entertainment. Ahmed AlMulla made the comments in an interview with AFP ahead of the fourth Saudi Film Festival, which runs from March 23-28 in the Gulf coastal city of Dhahran. This year’s festival is the first since the […]

Tuesday 15:10 GMT What you need to know ● Pound under pressure amid Brexit and Scottish secession worries● Sterling drops below $1.22 and euro edges up towards 88p● S&P 500 down 0.5 per cent as sliding oil hits energy stocks● Treasury yields little changed ahead of Fed decision——————- Hot topic The UK pound is back under pressure as traders become concerned that Edinburgh’s demand for a another […]

When Strata + Hadoop World comes around in the US, once a year in New York and once a year, as it is now, in San Jose, CA, it’s a bit of a news feeding frenzy. I’m not even at the event; I was merely pre-briefed by four vendors, last week and yesterday, with announcements they’re making this morning. And still, it’s a lot. Cloudera told me […]

The Bank of England’s new deputy governor, Charlotte Hogg, has resigned after MPs said her professional competence “falls short of the very high standards required”. Ms Hogg has been under pressure since admitting that she had failed for nearly four years to inform the bank that her brother was a senior executive at Barclays, even though she was partly responsible for drawing up the bank’s code of […]

BANGKOK: Thai customs have confiscated 21 rhino horns with an estimated value of nearly US$5 million in the biggest such seizure in Thailand for years, officials said on Tuesday. Thailand has become a major transit point for the trade in endangered species to other Asian countries. The seizure of the nearly 50 kg (110 lb) of rhino horn came days after 300 kg of elephant ivory was […]

The pound took a tumble on Tuesday after politicians paved the way for Article 50 to be triggered this month, leading analysts to warn that Brexit was still not priced in to the value of the UK currency. Sterling fell as much as 0.9 per cent in Tuesday morning trading to just above $1.21, its weakest level since Theresa May, prime minister, promised a parliamentary vote on […]

The Gulf’s healthcare industry is expected to receive the highest volume of investments in 2017 among non-oil sectors as GCC countries seek to further diversify their economies, according to a new survey. CFA Institute, the global association of investment professionals, said its annual Middle East Societies Market Sentiment survey also forecse an increase in hospitality and tourism investment. It said in a statement that in Saudi Arabia, […]

After several rumors and teases, Tag Heuer itself leaked the details of its upcoming Android Wear 2.0 smartwatch before the device’s official announcement. Tag Heuer posted information regarding the smartwatch, named the Connected Modular 45, on its official website before the March 14 announcement date, revealing a few things that customers can expect from the device. Tag Heuer Connected Modular 45 Specs And Features The Tag Heuer […]

Your daily guide to community and cultural activities across the Emirates for March 14, 2017, including performances, festivals, art exhibitions, film creenings, 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 Theatre See a […]

The French presidential election is setting up a critical test of resolve for Japanese investors as life assurers, big banks and struggling regional lenders enter a second year under the Bank of Japan’s negative interest rate policy. The policy shift by the BoJ in February 2016 accelerated efforts by Japanese investors to seek higher fixed-rate returns overseas and has raised the sensitivity of their portfolios to global […]

YANGON Dozens of Myanmar soldiers have been killed in several clashes between ethnic rebels and the army along the border with China, state media reported on Tuesday, threatening leader Aung San Suu Kyi’s chief goal of ending decades of ethnic strife. More than 20,000 people from Myanmar have crossed China’s border in recent weeks to escape the bitter fighting in the north, prompting Beijing to call for […]

SEOUL North Korea warned the United States on Tuesday of “merciless” attacks if an aircraft carrier strike group led by the USS Carl Vinson, which is joining South Korean forces for exercises, infringes on its sovereignty or dignity. North Korea, which has alarmed its neighbours with two nuclear tests and a string of missile launches since last year, said the arrival of the U.S. strike group was […]

The loss of sea ice in the Arctic is popularly attributed to man-made climate change, but findings of a new study have revealed that natural changes in the environment are still a significant factor that contribute to this phenomenon. Natural Factors Researchers of the new study found that a considerable chunk of summer ice loss in recent decades can be blamed on natural variability in the atmosphere […]

Shares in Toshiba fell more than 8 per cent as the troubled Japanese conglomerate missed its earnings deadline once again. The company on Tuesday confirmed that it has sought another extension to the deadline by which it must submit audited third-quarter earnings, amid uncertainty about the true extent of crisis at its US nuclear unit Westinghouse. The stock was down 8.1 per cent at ¥197.5 near midday […]

To investors still betting — either by choice or technical necessity — that Toshiba can pull off a miracle escape act, Monday night produced yet another dispiriting blow. With just hours left before the troubled Japanese conglomerate was due to submit its audited third-quarter earnings — an already overdue document critical to its continued status as a listed entity — sources close to the company confirmed that […]

Researchers have shown how supermassive black holes may have formed in the early universe. They suggest that radiation from a neighboring galaxy could have shut down star-formation in a black-hole hosting galaxy, allowing the nascent black hole to rapidly put on weight. (via WSJ)

Okta, the identity and device management firm based in San Francisco, has filed to go public. According to its S-1 form with the US Securities and Exchange Commission, Okta plans to raise up to $100 million of Class A common stock through an initial public offering and trade on the NASDAQ market under the symbol OKTA. Goldman, Sachs, JP Morgan Securities and Allen & Company are lead […]

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