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|By Abdullah Aljunaid|The Alliance of Iran, Hezbollah and al-Qaeda and the attacks of September 11th 2001 Judicial rulings have shown that the calamitous and tragic events of September 11 were bourn of a relationship between Iran and Hezbollah and al-Qaeda. Will the coming days reveal a similar relationship with Daesh too? Hezbollah is widely known for its support of terrorism, forinciting sectarian strife in the Arab countries, and for the cooperation of its members with drug dealers in Europe, North and South America, Africa, as a means to finance […]

By Sankalp Phartiyal and Anya George Tharakan | MUMBAI/BENGALURU MUMBAI/BENGALURU Infosys Ltd cut its annual revenue growth target for the second time in three months as India’s software service exporters feel the pinch of major Western clients holding back on spending as they wait to see how November’s U.S. presidential election and Europe’s Brexit drama play out. While it reported second-quarter net profit grew 6.1 percent, the […]

By Se Young Lee | SEOUL SEOUL Samsung Electronics’ (005930.KS) worst-ever recall could cost the company as much as $17 billion after it halted sales of its flagship Galaxy Note 7 for a second time, spelling an almost certain end for the ill-fated premium model. Samsung announced the recall of 2.5 million Note 7s in early September following numerous reports of the phones catching fire and on […]

|By Arabian Post Staff| Saudi Arabia said it was holding investor meetings in London, Los Angeles, Boston and New York from Wednesday to  sell benchmark bonds maturing in five, 10 and 30 years. The issue is expected to be at least $10 billion. “It’s very good timing,” Bloomberg quoted Angelo Rossetto, a trader at GMSA Investments Ltd. in London, as saying. “I wouldn’t say now or never as […]

The Interpreter By AMANDA TAUB It is a truth universally acknowledged by every war correspondent, humanitarian aid worker and Western diplomat: Some wars, like Syria’s, receive tremendous public attention, which can translate into pressure for resolution. But many others, like Yemen’s still raging but much ignored conflict, do not. Some of the reasons are obvious; the scale of Syria’s war is catastrophic and much worse than Yemen’s. […]

By PETER BAKER September 30, 2016 JERUSALEM — From across the ocean and across the Green Line, they came on Friday to the mountaintop sanctuary of Mount Herzl to bid farewell to Shimon Peres, marking what one called the “end of the era of giants.” But the question of the moment was whether it was a funeral for a man or for his dream. Twenty-three years after Mr. Peres […]

By MARK LANDLER September 30, 2016 WASHINGTON — When Bill Clinton took his place on Friday at Mount Herzl in Jerusalem for the state funeral of Shimon Peres, he was part of a tangled tableau: leaders from Israel and the United States who came together to mourn a giant of peace but who nurse their own political feuds and rivalries, stretching back two decades. Standing close to the former […]

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ABU DHABI // A school bus carrying children to class veered off the road and crashed into a palm tree lining a major road in the capital. The vehicle left the road and crashed into the tree on Khaleej Al Arabi Street just after 8.35am. Photographs seen by The National show significant damage to the front of one bus. Unofficial reports suggest two buses were involved – […]

UAE. A new report by The Boston Consulting Group (BCG) reveals that, when it comes to its current-level Sustainable Economic Development Assessment (SEDA) scores, the UAE outperforms the GCC and the rest of the world in most dimensions—including income, employment, education, infrastructure, civil society, governance, and environment. Across these dimensions, the UAE topped the average scores of both the GCC and the rest of the world. The […]

BlackBerry plans to stop making its signature smartphones internally, signaling a strategic shift for a company that built its reputation on innovative smartphone technology. Rather, all development for BlackBerry-branded phones will be left to BlackBerry’s partners, which will license BlackBerry’s technology and brand, while the Canadian company concentrates on growing its software business. “We believe that this is the best way to drive profitability in the device […]

|By Matein Khalid| The Federal Reserve did not disappoint the financial markets after Janet Yellen’s FOMC conference on Wednesday. The US central bank did not raise the overnight borrowing (or Fed Funds rate) to 0.5% on the eve of the November election. This triggered a wild rally in the US stock market with the Dow Jones up 163 points, gold up to $1342 and oil to $46 […]

By PETER BAKER and RANA F. SWEIS September 20, 2016 AMMAN, Jordan — At the headquarters of the Muslim Brotherhood, Ali Abu al-Sukkar’s telephone would not stop ringing Tuesday. It was Election Day, the first time the Islamist organization had taken part after nearly a decade of boycotts, and Mr. Sukkar found himself in demand. The deputy secretary general of the Islamic Action Front, the brotherhood’s political wing, Mr. Sukkar listed the […]

By MATTHEW ROSENBERG September 20, 2016 WASHINGTON — If there is a single link between the wars fought by the United States in the Middle East and Afghanistan, it is the long list of errant airstrikes carried out by American warplanes. Weddings, funerals, hospitals and friendly forces have been mistakenly attacked, with each strike prompting fresh outrage. While most of those killed have been civilians — in Afghanistan alone, […]

|By Arabian Post Staff| The global oil market will most likely remain oversupplied for the rest of 2016 and well into 2017, rating agency Standard & Poor’s has forecast. The view has been attributed to global oil production remaining in excess of demand, and the resulting persistently high crude oil and product inventories putting spot prices and near-term futures under significant pressure. Members of the Organization of […]

Research led by Johns Hopkins University astrophysicists using information from a NASA space telescope breaks new ground in ways to observe a star swallowed by a black hole, promising to help paint a clearer picture of this cosmic phenomenon. The results, published online in the Astrophysical Journal, are based on two methods that are new in the study of this sort of star destruction: the first infrared […]

An international research team discovered a human skeleton during its ongoing excavation of the famous Antikythera Shipwreck (circa 65 B.C.). The shipwreck, which holds the remains of a Greek trading or cargo ship, is located off the Greek island of Antikythera in the Aegean Sea. The first skeleton recovered from the wreck site during the era of DNA analysis, this find could provide insight into the lives […]

For part 1 of this series, click here. Traffic on highway 65 was moderate and became heavy once we merged onto highway 10. Gone was the tranquility of the country side. We stopped to refuel north of Biloxi. The Maritime museum would have been a nice place to visit, but we were late in the day and they were likely closed. Besides, we wanted to make it […]

WASHINGTON — The United States’ accidental bombing of Syrian troops over the weekend has put it on the defensive, undercutting American efforts to reduce violence in the civil war and open paths for humanitarian relief. The United States had thought that if a deal to ease hostilities in Syria, struck by Secretary of State John Kerry and his Russian counterpart in Geneva nine days ago, fell apart, […]

The Interpreter By MAX FISHER You could be forgiven, after five years of Syria’s war dominating front pages, for feeling lost. It is easy to track the war’s toll: It has killed 400,000 people, displaced millions, opened space for the Islamic State, and sucked in foreign powers, including the United States. It is harder to keep track of the how and why. The basics can seem even […]

Sometimes, things don’t turn out like we expect. This is the case with Chevrolet and the Chevelle. It started as a conventional car but evolved into a road warrior, carrying the muscle car torch for a new generation. The Chevelle had a body-on-frame design that, while basic, really unlocked its potential as a muscle machine. There was a time when the LS6 Chevelle was the fastest American car […]

By Ankur Banerjee Samsung Electronics Co Ltd (005930.KS) formally recalled 1 million Galaxy Note 7 smartphones sold in the United States, replacing or refunding the flagship phones, whose susceptibility to catching fire has damaged the image of the Korean powerhouse. Samsung received 92 reports of batteries overheating in the United States, including 26 reports of burns and 55 cases of property damage, the company said as it […]

|By Arabian Post Staff| The generations of Millennials, meaning people between the ages of 19 and 35, as well as Centennials, denoting young people aged up to 18, will most probably end up poorer than their parents and grand parents, a Bank of America-Merrill Lynch report titled Thematic Investing: The New Kids on the Block has predicted. Gen Y (“Millennials”, 19-35Y) and Gen Z (“Centennials”, 0-18Y) are […]

|By Matein Khalid|I had written a column two weeks ago outlining my view that US equities faced a dangerous autumn and the S&P 500 index was set for a fall of 150 points. However, even I did not expect the S&P500 index to fall 52 points on Friday (the Dow dropped 394 points and NASDAQ 133 points), its worst performance since the Brexit shock. It was even […]

  By Se Young Lee | SEOUL   SEOUL Samsung Electronics Co Ltd’s shares fell to their lowest level in nearly two months on Monday after the tech giant told customers to switch off and return their new Galaxy Note 7 smartphones due to fire-prone batteries.   Investors had wiped 15.9 trillion won (14.3 billion) off the South Korean firm’s market capitalisation as of 0303 GMT, as […]

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