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Financial markets in 2016 endured an escalation of negative interest rates, the collapse and subsequent rebound in commodity prices and fluctuating stock market valuations. The test for investors began in week one, as fears of a China slowdown roiled stock indices weeks after the Federal Reserve began to normalise policy. Over the ensuing months, the Brexit vote and US election would prove significant mile markers, shift thinking […]

By Stephen Kalin | NEAR MOSUL, Iraq NEAR MOSUL, Iraq Iraqi forces faced car bombs and fierce resistance from Islamic State militants in southern Mosul on Friday, the second day of a renewed push to take back the city after fighting stalled for several weeks. An officer in the federal police forces, which joined the battle on Thursday, said there were heavy clashes in the southeastern Palestine […]

Dubai, United Arab Emirates – December 30, 2016  Dubai Parks and Resorts, the region’s largest multi-themed leisure and entertainment destination, today announced that Lapita Hotel, Dubai’s first theme park hotel, will welcome its first guests on 2nd January 2017. Located in the heart of Dubai Parks and Resorts in close proximity to all three connected theme parks, the Polynesian themed clustered resort is the latest addition to […]

Photo John Kerry speaking at the State Department on Wednesday. Credit Zach Gibson/Getty Images In a speech this week laying out the Obama administration’s parameters for a final peace agreement between Israel and Palestine, Secretary of State John Kerry stated what has been obvious to most observers for many years: that Israel’s construction of Jewish settlements on occupied Palestinian land has all but destroyed the two-state solution. […]

Swimming upstream Even before Trump, reform advocates like the Chamber were up against a rising tide of skepticism regarding reform. Congress grew cold after the 9/11 terrorist attacks, and conservative talk radio and TV programs began a drumbeat of attacks against legalizing immigrants; TV personalities such as Lou Dobbs spread outlandish claims about Mexican plots to “take over” the American Southwest. Ironically, Mexican President Vicente Fox — […]

WASHINGTON: Almost six months since their summer meeting to achieve closer ties, Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan took another step toward that goal by brokering a new cease-fire deal in Syria, to be followed by political talks to try to resolve the six-year-long conflict.The deal — announced simultaneously by the governments of Turkey, Syria and Russia — is a seven-point package […]

Abu Dhabi, United Arab Emirates; December 30, 2017  As the 10th anniversary year of Masdar, Abu Dhabi’s renewable energy company, draws to a close, industry watchers can reflect on 12 months that have marked a historic milestone for the company and a pivotal moment for the renewable energy sector as a whole. During the decade since Masdar was established, the UAE has cemented a global reputation for […]

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BHUBANESWAR, India At least three men were killed and nearly two dozen trapped when a pile of mine waste collapsed in a mine in Jharkhand run by state-run miner Coal India Limited, state police said on Friday. Several vehicles engaged in the mining operation were also trapped in the mishap that took place on Thursday evening at the Lalmatia mines owned by Eastern Coalfields Limited (ECL), a […]

ABU DHABI // Authorities have launched awareness campaign against the unofficial remittance of money, which can lead to exploitation, fraud and security risks. New figures show that more than a fifth of money remitted, for example, to Bangladesh from the UAE, is moved through these illegal means. According to the Bangladesh Bureau of Statistics, in the 2015-2016 financial year, the 700,000 Bangladeshis in the UAE sent Dh9.9 […]

By John Davison | BEIRUT BEIRUT A nationwide ceasefire in Syria, brokered by Russia and Turkey which back opposing sides in the conflict, got off to a shaky start after midnight on Friday (2200 GMT on Thursday) in the latest attempt to end nearly six years of bloodshed. Russian President Vladimir Putin, a key ally of Syrian President Bashar al-Assad, announced the ceasefire on Thursday after forging […]

A poll of 60 staff members of The National resulted in useful travel hacks, such as low-fare flights with flexible date options, hassle-free packing, and convenient add-ons, that can make your holiday a more cheerful, potentially cheaper experience. newslide Be flexible The prices of flights and hotel rooms varies a lot depending on demand, so compare prices, choose less busy dates and even be willing to alter […]

Wall Street’s most important equity barometer is on track for its biggest annual recovery since the beginning of the bull market, underscoring the sharp turn in investor sentiment following the worst start to a year on record. The S&P 500 index is poised for an 11 per cent gain in 2016, shaking off a brutal start that at its lowest point in February left it down 10.5 […]

A week ahead of the Consumer Electronics Show, LG has already jumped the gun with the announcement of its Tone Studio, a vibrating plastic neckband that outputs surround sound toward the wearer’s ears. LG Tone Studio The idea with LG’s Tone Studio is that the band snakes around the individual’s neck, instead of being traditional headphones or wireless earbuds. Embedded speakers flank the Tone Studio’s band, offering what […]

The Syrian government and rebels have agreed a ceasefire brokered and guaranteed by Russia and Turkey, marking a potential breakthrough in efforts to end a near six-year conflict that has claimed more than 400,000 lives. Russian President Vladimir Putin said a truce would come into effect at midnight on Thursday, adding that Syria’s warring parties had signed documents detailing how it would be monitored and declaring their […]

MANILA, Philippines – The military is eyeing the Maute terror group in the bombing of the town plaza of Hilongos, Leyte last Wednesday night. In line with initial military findings, Col. Edgard Arevalo, Armed Forces Public Affairs Office chief, said the Maute group could have launched the Leyte bombing to divert the attention of government troops conducting offensive operations against the group in Butig, Lanao del Sur. […]

ROME Italian police have searched three houses in and around Rome, where the man suspected of killing 12 people last week at a Christmas market in Berlin may have spent time, a judicial source said on Thursday. Anis Amri, a Tunisian, first arrived in Europe by boat to the Italian island of Lampedusa in 2011, and was shot dead by police in Milan four days after the […]

By Yashaswini Swamynathan Wall Street looked set to open little changed on Thursday, a day after the S&P 500 index suffered its biggest fall in two months, putting a damper on a post-election rally. A report showed the number of Americans applying for jobless claims fell by 10,000 to 265,000 last week, indicating sustained strength in the labor market. U.S. equities had been enjoying a rally since […]

Photo The body of a 15-year-old girl at a makeshift morgue on Thursday in the rebel-held town of Douma, Syria, on the outskirts of Damascus, after reports of airstrikes. Credit Abd Doumany/Agence France-Presse — Getty Images MOSCOW — The Syrian government and its most important ally, Russia, announced on Thursday that they had reached a cease-fire agreement with Syrian rebels and with Turkey — a potential turning […]

By Isabel Coles and Stephen Kalin | NEAR MOSUL, Iraq NEAR MOSUL, Iraq Iraqi security forces on Thursday began the second phase of their offensive against Islamic State militants in Mosul, pushing from three directions into eastern districts where the battle has been deadlocked for nearly a month. Since the offensive to capture Mosul began 10 weeks ago, counter-terrorism forces have retaken a quarter of the city, […]

(Image: file photo) Legacy vendors and the cloud The cloud has devastated revenue, growth and margins of legacy vendors. Any CFO can look online to see what similar capacity, performance, and higher availability costs compared to the huge capital costs of traditional RAID arrays. 2016 saw the world’s largest independent storage company — EMC — bought by Dell, after shopping itself to all the big system vendors. […]

29 December, 2016 ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan has expressed his readiness to join any grand alliance of opposition parties, including the Pakistan Peoples Party (PPP), on the Panama Papers scam. “If opposition parties form any alliance on the issue, we are ready for it, but not for (coming general) elections,” he said during a talk with reporters at his Banigala residence […]

29 December 2016 Munich. As 2016 comes to a close, BMW is able to look back on a highly successful year with well over 50 national and international awards and distinctions. As in the past, vehicles of the brand were highly rated by juries across a range of different categories and topics, frequently finishing at the top of the winners’ rostrum. The awards reflect not just outstanding […]

On the other were Mr. Netanyahu and Mr. Trump, firing back at what they deemed a hypocritical betrayal of America’s closest friend in the Middle East. Continue reading the main story If Mr. Obama and Mr. Kerry were playing for history, Mr. Netanyahu and Mr. Trump were playing for time. The departing administration intended for the speech to lay out a path to peace that they had […]

In Bokoshe, Oklahoma, coal ash is spotted in the grass, trees, cars and even furniture. It drifts in from a pit where a nearby power plant dumps its spent coal. Residents started complaining about the ash, which contains harmful chemicals like arsenic and lead, to state regulators in 1998 and, eventually, the U.S. Environmental Protection Agency got involved. But the EPA’s attempts to regulate coal ash have […]

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