In a potential boost to Prime Minister Narendra Modi’s “Make in India” initiative, tech giant Apple Inc. is nearing a deal with Taiwanese contract manufacturer Wistron Corp. to start making products in the southern state of Karnataka, a senior state official said. “The contractual agreement between the two companies is on the verge of being signed,” the Karnataka government official who has direct knowledge of the matter […]
European stocks and S&P futures rose modestly ahead of January US payrolls data, along with the dollar, while Asian shares dropped after China returned from a week-long holiday. Bonds slid, oil rose while the JGB intervened in the bond market to prevent a bond rout, in one of two major surprises during the Asian session. As reported last night, having closed at 0.109% yesterday the 10y JGB […]
The successor of Samsung Galaxy J7 (2016) – dubbed the Galaxy J7 92017) has been spotted on GFXBench, which offers a peek into the impending handset. This is not the first time, the smartphone has leaked online. The latest leak of the Galaxy J7 (2017) offer more insight into the handset. The listing on the benchmarking database reveals that Samsung Galaxy (J7 2017) carries the model number […]
The vital survival skills taught to young British merchant marine cadets during the Second World War through the Outward Bound educational initiative might seem redundant in the safe harbour of the UAE, but its newest international chapter is already delivering unique, life-changing experiences to young people from across the Emirates. Outward Bound UAE was set up in December 2016 to provide Emirati and expatriate youth with practical […]
A man who attacked a soldier at the Louvre museum in Paris on Friday cried “Allahu akbar” before he was shot. French police said they believed the man, who was seriously wounded in the incident, intended to carry out a terrorist attack. The man who had two backpacks shouted “God is great” in Arabic and lunged at the soldier at the entrance to the museum shortly after […]
By Michel Rose and Elizabeth Pineau | PARIS PARIS A French soldier on Friday shot and wounded a man armed with a knife after he tried to enter the Louvre museum in central Paris carrying a suitcase, police sources said. One source said the man had been trying to get into the museum’s shopping mall and had attacked another soldier before being shot and seriously wounded. Police […]
Domestic consumption of desalinated water in the region is not only carbon-intensive but contributes to making the Arabian Gulf one of the world’s most salty and potentially most uninhabitable bodies of water, experts say. According to the Ministry of Climate Change and Environment, 96 per cent of domestic consumption of water – from drinking water to showers – comes from one of the 70 desalination plants located […]
By Colin Packham and Aaron Bunch | SYDNEY SYDNEY U.S. immigration officials have postponed interviews with asylum seekers in an Australian camp on the Pacific island of Nauru since President Trump’s executive order on immigration, suggesting Washington is already blocking progress on a controversial refugee resettlement deal. The deal sparked a rare diplomatic spat between the two staunch allies, with Trump berating Australia’s prime minister in an […]
There’s a whole lot of science — make that DNA changes — behind human height. A new large-scale international study has just found 83 new genetic variations that control height in humans. Of these, some influence adult height by over 2 centimeters or nearly 8/10 of an inch. This is an enormous discovery, according to researchers. “The genes affected by these genetic variations modulate, among other things, bone […]
As an expectant crowd of couples, families, retirees and grizzled world trekkers wait to board our Antarctic-bound ship, the mood is overwhelmingly one of anticipation. Talk is of when the first orca or iceberg will be sighted, and trepidation at the state of the Drake Passage, the notoriously rough sea that sits between us and the pristine ice of Antarctica. As we leave the docks of the […]
Uber chief executive Travis Kalanick has quit President Donald Trump’s business advisory council on the eve of its first meeting, after mounting criticism from passengers and drivers angry over the president’s immigration order. The move will raise the stakes for other executives on the council, including leaders from Blackstone, IBM, GE, GM, Disney, Pepsi and Tesla. Several have already voiced concerns about the travel ban but none […]
ORINOCA, Bolivia Bolivia on Thursday opened a $7 million museum dedicated to President Evo Morales and indigenous peoples in Morales’s birthplace of Orinoca high up in the deserts of the Bolivian antiplano. Morales ordered the museum to be built by decree shortly after he became Bolivia’s first indigenous president in 2006, creating a place to hold hundreds of his gifts as well as photos, videos and archaeological […]
Dubai Health Authority (DHA) has announced plans to launch a new smart phone app for blood donors. The app, which is due to launch before the end of April, will also enable potential donors to answer an eligibility questionnaire and read pre-donation advisory material on their mobile phones prior to visiting blood-donor centres, state news agency WAM reported. “The new system and smart application will help streamline […]
Visa Inc (V.N), the world’s largest payments network operator, reported better-than-expected quarterly profit and revenue as more people made payments using its network. The company, whose shares were up 3.4 percent in extended trading on Thursday, also affirmed its full-year profit and revenue forecasts. “The battle between strong business fundamentals and unfavorable exchange rate shifts will drive our results as we look ahead to the rest of […]
ABU DHABI // Tensions between the UAE and Iran escalated on Thursday after the Iranian charge d’affaires was summoned by the Ministry of Foreign Affairs and International Cooperation. Dr Abdulrahim Al Awadi, the ministry’s assistant minister for legal affairs, handed him a note of protest on “Iran’s illegal provision of weapons to the coup militia against the legitimacy in Yemen”. “Iran’s move is in violation of United […]
By Gina Cherelus | NEW YORK NEW YORK Hundreds of New York City bodegas, grocery stores and restaurants owned by Yemeni Americans closed for hours on Thursday in protest against U.S. President Donald Trump’s immigration policies, organizers said. Loyal patrons who rely on the stores for staples of daily life had to look elsewhere for lunch after more than 1,000 locations shut their doors from noon to […]
It’s here! Snap — which confidentially filed for its IPO late last year — has released its public filing through the Securities and Exchange Commission. This is another incremental step in the process of going public, but it’s probably the most important because we’re finally getting our first glimpse at the financial guts of the company. Snapchat has gone from a zeitgeist-y app among a younger audience to […]
Videos of new robot advancements typically throw the Internet into full buzz mode, complete with headlines about Terminators and “robot overlords.” While some of these bleeding-edge bots are terrifying, it’s not for the reasons all the click-bait headlines would have you believe. If you’re even a casual follower of the Internet’s viral videosphere, you’ve undoubtedly stumbled across the latest clip from Boston Dynamics, the Alphabet-owned […]
By David Ljunggren and Rod Nickel | OTTAWA/WINNIPEG OTTAWA/WINNIPEG Canadian Prime Minister Justin Trudeau is taking a low key approach to dealing with U.S. President Donald Trump, seeking to avoid clashes while indirectly signalling the two leaders’ differences to a domestic audience. Insiders acknowledge the cautious strategy could anger progressives whose support helped bring Trudeau to power in 2015 but say for now, he has no choice […]
Tiger Woods felt the pain, figuratively at least, after the former world number one failed to make a single birdie in recording a miserable five-over 77 on the opening day of the Dubai Desert Classic on Thursday. The creaking American, now ranked 666th after his long injury layoff, trailed Spain’s early leader Sergio Garcia by 12 shots and with only three players below him on the leaderboard […]
By Yashaswini Swamynathan U.S. stocks slipped on Thursday, as bank stocks fell after the Federal Reserve provided little clarity into whether it would raise interest rates at its next meeting, even as the central bank painted an upbeat picture of the economy. The Fed, which left interest rates unchanged on Wednesday, gave no firm signal of a hike in March as it closely watches the impact of […]
ULAANBAATAR/HONG KONG Private citizens in Mongolia are donating cash, jewelry, gold and even horses to help the government make a near $600 million payment to bondholders next month. The cash-strapped nation has been embroiled in an economic crisis brought about by a collapse in foreign investment, slowing growth in China and weak commodity prices. Its currency, the tugrik, lost nearly a quarter of its value last year. […]
By Christopher Johnson | LONDON LONDON Oil prices rose on Thursday as evidence that OPEC and other big exporters were cutting production outweighed a sharp rise in U.S. crude and gasoline stockpiles. Brent crude was up 50 cents at $57.30 a barrel by 1115 GMT (6:15 a.m. ET) after settling up $1.22 in the previous session. U.S. light crude gained 30 cents to $54.18 after climbing by […]
ABU DHABI // Fatima Al Marzouqi is helping to steer the next generation of Emiratis toward careers in science, technology, engineering and maths. As head of Mubadala’s education and training division, she plays a crucial and direct role in developing academic programmes that introduce pupils to Stem, and professional training opportunities that offer students and recent graduates hands-on experience with major engineering and manufacturing companies at home […]
