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MANILA, Philippines — A powerful typhoon is on its way to slam into the eastern Philippines on Christmas Day as officials struggled to divert people’s attention from family celebrations and travel. A provincial governor offered roasted pigs to entice villagers to move to emergency shelters. Typhoon Nock-Ten packed maximum sustained winds of 114 miles per hour (185 kilometers per hour) and gusts of up to 158 mph […]

MOSCOW A Russian Defence Ministry TU-154 plane that had disappeared from radar over the Black Sea with 91 people on board has crashed, the Interfax news agency reported on Sunday, citing an unidentified source. A rescue team had found the crash site in the Black Sea near the coast of the Sochi, Interfax said. Other Russian news agencies reported earlier that the Russian aircraft had disappeared from […]

Russian jets stepped up strikes on several towns in Syria’s rebel-held Idlib province and rural Aleppo two days after the evacuation of rebels from their last pocket in the northern city of Aleppo, rebels and residents said on Saturday. They said at least eight strikes targeted Binish, Saraqeb and Jisr al Shaqour – main towns in the northwestern Syrian province of Idlib. There were reports of several […]

A nearby star is exhibiting bizarre dimming of its light, a puzzling phenomenon similar to what was observed with KIC 8462852, also known as “Tabby’s star.” Kepler Spots Dimming Of Young, Nearby Star RIK-210 RIK-210, a young star located 472 light-years away, is estimated to be between 5 and 10 million years old. It is about half as massive as the sun. Its radius is about 1.24 […]

“The resolution that was passed by the U.N. yesterday is part of the swan song of the old world that is biased against Israel,” Mr. Netanyahu said at a Hanukkah candle-lighting ceremony honoring wounded soldiers and terrorism victims. “But, my friends, we are entering a new era and, as President-elect Trump said yesterday, that is going to happen a lot faster than people think.” Continue reading the […]

Hotel occupancy in Dubai rose by nearly five percent in November compared to the year-earlier period to be the top performing market in the Middle East and North Africa, according to new figures. EY’s November 2016 GCC Key Performance Highlights report showed that the emirate’s hotels achieved an occupancy rate of 89.5 percent compared to 84.8 percent in November 2015. The data also showed that Dubai hoteliers […]

A man wearing a Santa Claus costume walks atop Jerusalem’s Old City walls on December 23, 2016 An online Santa tracker run by a Canadian and American defense agency mapped the jolly old gift-giver’s path around the globe Saturday, in what has become a Yuletide tradition. Every Christmas Eve since 1955, the North American Aerospace Defense Command (NORAD) has been tracking Saint Nicholas’s annual voyage to deliver […]

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ABU DHABI // The UAE proclaimed its message of tolerance, hope and peace last night to a world confronting the darkness of militant extremism. In Europe, many Christmas festivities were muted by a climate of fear after terrorist attacks last week in Germany and Switzerland. In Iraq, a once vibrant Christian community of 1.5 million has been shattered by ISIL, many families driven out of their homes […]

Tunisian security forces have arrested three suspected militants, including the nephew of the man believed to be responsible for the attack on a Berlin Christmas market, the country’s interior ministry said on Saturday. The ministry said that the three men, aged between 18 and 27, had been arrested after their links to Anis Amri, who was shot dead by police in Italy on Friday, had been uncovered, […]

The Turkish Army and police won, but victory brought an Aleppo-like landscape. Two dozen acres of the old city have been cleared of the rubble so far, leaving a featureless circular gash on aerial maps. The damage is mostly invisible from street level though, because alleyways leading up to the most devastated areas have been walled up where they intersect with streets that have reopened for business. […]

MANILA Sixteen people were wounded in a grenade explosion outside a Catholic church during a Christmas eve mass in the Philippines’ restive southern island of Mindanao, a priest and police said on Saturday. Security forces across Southeast Asia are on alert ahead of the Christmas and New Year holidays, as police in Australia and Indonesia said they had foiled bomb plots and Malaysian security forces arrested suspected […]

By Lawrence Delevingne | NEW YORK NEW YORK When six executives of Platinum Partners, including founder Mark Nordlicht, were arrested on Monday on federal charges of running a more than $1 billion hedge fund fraud, people who had long alleged they were harmed by the New York-based firm felt some vindication. But the possibility that each defendant might face prison terms has done little to soothe their […]

Christian Arbeit, a press officer for the club, joked that the renown of Union Berlin’s Christmas party had overshadowed the fame of the team itself. Mr. Arbeit, who served as the M.C. on Friday night (and also played a few songs on the trumpet in an ensemble that featured his mother on the clarinet and his father on the trombone), said the aim was to retain the […]

By Maher Chmaytelli | BARTELLA, Iraq BARTELLA, Iraq Several hundred Iraqi Christians flocked on Saturday to a northern town recently retaken from Islamic State, celebrating Christmas for the first time since 2013, their joy tainted with sadness over the desecration of their church. Once home to thousands of Assyrian Christians, Bartella emptied in August 2014 when it fell to Islamic State’s blitz across large parts of Iraq […]

Mijbel AlQattan appointed President of the society by the newly elected board, replacing outgoing President Rafik Hafez. Kuwait, 22 December 2016   CFA Society Kuwait, CFA Institute’s local association of investment professionals consisting of portfolio managers, financial analysts and investment advisors, has announced the appointment of its new board of directors. Mijbel AlQattan, previously the society’s Vice President, was appointed by the newly elected board of directors to […]

It turns out there is a downside to spending 120% of your annual income every year from the time you graduate college until that day you turn 40 and finally realize that you’re getting old and have absolutely no liquid assets and no hopes of ever retiring.  While the above strategy seemingly makes sense to our elitist, Ivy League-educated central planners at the Fed who have waged […]

By Philip Pullella | ROME ROME Security for the long Christmas weekend was heightened throughout Italy and at the Vatican on Saturday following the killing by police of the man believed to be responsible for the Berlin market truck attack. As investigators sought to determine if Anis Amri had accomplices in Italy, and associates of the 24-year-old were arrested in his home country of Tunisia, national security […]

Owners of the Honor 8 smartphone – which debuted to an overwhelming response, raking in 1.5 million unit sales worldwide within a few months of its release – will be pleased to learn that the handset is poised to benefit from the much-awaited Android 7.0 Nougat software update in early 2017. Come February 2017, the 5.2-inch phablet is set to receive a bump-up from Android Marshmallow and get […]

A round up of some of 2016’s most significant corporate events and news stories. Smartphone sales © EPA A bright start to the year for Samsung Electronicswent up in smoke, after it took the unprecedented decision to axe its Galaxy Note 7 line, following a spate of safety issues that saw the smartphone banned from aircraft, writes Nic Fildes. The 2016 Galaxy Note iteration won substantial praise […]

Kuwait’s foreign trade surplus shrank 20 percent from a year earlier to KD1.39 billion ($4.56 billion) in the third quarter of 2016, data from the Central Statistical Bureau has showed. However, the latest figure was up from KD1.2 billion reported in the previous quarter as low oil and gas prices continue to affect the local economy. Kuwait is seeking to plug a budget deficit officially projected at […]

SINGAPORE: Flash floods were observed in several parts of Singapore on Saturday (Dec 24), the day before Christmas.  According to the Land Transport Authority’s Twitter page, areas affected include Cairnhill Road, Newton Circus and on the Pan Island Expressway (PIE) near the Stevens Road exit.  Pedestrians walking in the rain as water floods the streets of Upper Thomson. (Photos: Tiffany Cheng) Photos sent to Channel NewsAsia also […]

Ma’aden, QIC and Bupa Arabia are fastest growing companies in 2011-15. Nearly 90% of fastest growing companies come from Saudi Arabia and Qatar. Share prices rose for almost all the fastest growing companies. Collectively, the fastest growing companies achieved around 100% stockmarket outperformance. 22 December 2016 A landmark report released today by research group Marmore MENA Intelligence profiles 15 of the fastest growing listed […]

ISTANBUL Turkey-backed rebels killed 68 Islamic State militants in clashes in northern Syria overnight, Turkish state media reported the military as saying on Saturday, as intense fighting around the town of al-Bab continued. Syrian rebels supported by Turkish troops have been laying siege to the Islamic State-held town for weeks, as part of the “Euphrates Shield” operation launched by Turkey nearly four months ago to sweep the […]

By Rodrigo Campos | NEW YORK NEW YORK The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised […]

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