At the hospital in Reyhanli, a small Turkish border town that took in many of the victims, the mourners gathered outside mostly came from just two extended families, Mr. Youssef’s and the Abu Amash family. Continue reading the main story The families are connected by marriage and both come from Khan Sheikhoun, the village in rebel-held Idlib Province that residents said been hit with chemical weapons earlier […]
Investors are refusing to call time on expectations of a sustained recovery in the global economy, after propelling global markets to their best quarterly performance since 2013. Money managers say they are willing to look past rising political uncertainty in France and the US and bet on what they view as an acceleration in activity and synchronised economic advances across developed and emerging markets. Expectations of US fiscal stimulus […]
Kuwait will increase its borrowing on international markets to plug a budget deficit resulting from low oil prices, the finance minister said on Tuesday. The move comes after the Gulf state raised $8 billion (7.5 billion euros) last month in its first international bond issue. “We will continue to be present in the international (debt) market but in a prudent, rational way,” Finance Minister Anas al-Saleh told […]
BEIRUT, Lebanon — The United States blamed the Syrian government and its patrons, Russia and Iran, on Tuesday for one of the deadliest chemical weapons attacks in years in Syria, one that killed dozens of people in Idlib Province, including children, and sickened scores more. A senior State Department official said the attack appeared to be a war crime and called on Russia and Iran to restrain […]
Italian government bond prices were lower on Monday, as investors focused on signs of political sclerosis rather than economic data pointing to strength in manufacturing and a drop in the ranks of the unemployed. The difference between Italian 10-year sovereign bonds and the benchmark German Bund — a key measure of investor confidence as it shows the premium traders are demanding to buy Italian debt — hit […]
By Scott DiSavino | NEW YORK NEW YORK Oil prices on Tuesday rose to a near one-month high as expectations of a drawdown in U.S. crude and product inventories outweighed news of higher Libyan production. Brent LCOc1 futures were up 91 cents, or 1.7 percent, at $54.03 a barrel by 11:27 a.m. EDT (1527 GMT). That pushed the global benchmark over its 100-day moving average, into overbought […]
Professor Kylie Catchpole and The Duong. Credit: Stuart Hay, ANU Researchers at The Australian National University (ANU) have achieved a new record efficiency for low-cost semi-transparent perovskite solar cells in a breakthrough that could bring down the cost of generating solar electricity. The team led by The Duong from the ANU Research School of Engineering have achieved 26 per cent efficiency in converting sunlight into energy, which […]
Photo A Boeing 737 MAX at Boeing Field in Seattle in January 2016. The company wants to sell up to 60 airliners to Iran. Credit Jason Redmond/Reuters The Boeing Company announced a tentative agreement on Tuesday to sell up to 60 737s to an Iranian airline, a transaction valued at $6 billion that appears very likely to test the Trump administration’s avowed hostility toward Iran. Boeing, the […]
Being able to interact with mobile phones and other smart devices using gestures with our hands and fingers in three dimensions would make the digital world more like the real one. A new project will help develop this next-generation interface. (via WSJ)
Qatar is in discussion with FIFA to host several major international tournaments ahead of 2022 including the Club World Cup currently held by Real Madrid, sources familiar with the matter have told AFP. The Gulf state could also be the venue for the Under-17 and Under-20 World Cups. Sources say all three tournament options are currently being considered by the Qatari authorities and football’s governing body, and […]
BRASILIA Brazil’s top electoral court on Tuesday began hearing a landmark case about illegal campaign funding that could lead to the removal of President Michel Temer less than a year after he took over from impeached leftist Dilma Rousseff. The case before the Supreme Electoral Tribunal (TSE) could annul the 2014 election won by Rousseff and her running mate Temer, prolonging the political instability that has deepened […]
While Republican lawmakers in Congress gear up for a drive to cut regulation on the financial sector, bankers and lobbyists have their eyes on another institution in the US capital — the Federal Reserve. On Wednesday Daniel Tarullo, the Fed governor who has been supervising US banks, leaves the institution after eight years during which he assumed a hardline reputation overseeing the rebuilding of US finance from the […]
Photo Rifaat al-Assad in Paris in 2011. A Spanish judge ordered the seizure of numerous properties associated with him or his family. Credit Michel Euler/Associated Press LONDON — Rifaat al-Assad, an uncle of President Bashar al-Assad of Syria, was named on Tuesday in a European money laundering investigation. A Spanish judge, José de la Mata Amaya, ordered the seizure of properties in Spain that are controlled by […]
Here is a selection of five charts that FT Markets believes are important signals for investors as the second quarter begins. 1. US equities How expensive does the US equity market look? This is perhaps the biggest question facing money managers. The answer is “very”, based on the S&P 500’s 12-month forward price-to-earnings ratio, divided by the current low level of Vix, or implied volatility, as the […]
A company in Sweden is tapping on a relatively new technology to give their employees the ability to do things with just a wave of the hand. The technology also has the potential to track what employees do. Swedish company Epicenter offers to implant its workers with microchip the size of a grain of rice. Injecting the microchip that functions as swipe card for opening doors and […]
MANILA China and Southeast Asian countries have made progress in talks on a code of conduct for the disputed South China Sea, the Philippine acting foreign minister said on Tuesday. China claims almost the entire waterway, through which about $5 trillion in sea-borne goods pass every year. Brunei, Malaysia, the Philippines, Taiwan and Vietnam also have claims. “We have made good progress on coming up with a […]
LONDON A common antibiotic called doxycycline can disrupt the formation of negative thoughts and fears in the brain and may prove useful in treating or preventing post traumatic stress disorder (PTSD), according to research by British and Swiss scientists. In a specially designed trial involving 76 healthy volunteers who were given either the drug or a placebo dummy pill, those who were on doxycycline had a 60 […]
Imagination Technologies lost more than half its market value in a single day this week when the chip designer revealed that Apple, its largest customer, was developing its own version of the graphical processing units in which the UK-based group has specialised. Apple’s initiative to make a GPU, however, should not have come as such as surprise to investors. It follows several months of intensive recruitment by […]
Benjamin J. Rhodes, who was a foreign policy adviser to President Barack Obama, wrote on Twitter: “Kushner in Iraq before the National Security Advisor or Secretary of State. Totally normal.” Continue reading the main story That was not the only way the trip broke with usual government practice: On Sunday evening, as word of Mr. Kushner’s trip began to spread, the White House incorrectly told reporters on […]
April 4, 2017 by: Hudson Lockett in Hong Kong Tuesday 06.00 BST Overview Asian bonds rallied on Tuesday and yield on US Treasuries dipped to a five-week low ahead of key US events later in the week, while sentiment on South Africa’s rand soured further after S&P downgraded the country’s credit rating. Hot topic The yield, which moves inversely to price, on 10-year US Treasuries rose 1 […]
By Jane Wardell | WELLINGTON WELLINGTON The tail-end of powerful Cyclone Debbie, which left a trail of destruction in northeast Australia, lashed New Zealand on Tuesday, closing highways and causing a major landslip. The storm hit parts of New Zealand still recovering from a devastating earthquake last November and the New Zealand Met office warned of several days of heavy rain, with some regions set to receive […]
One year ago today a group of more than 300 journalists in 79 countries sent a powerful message to the corrupt: you can no longer hide. The publication of the Panama Papers on 3 April 2016 was a shot heard around the world against corruption. Suddenly one of the most closely held secrets of the biggest criminals was revealed – where and how they hide their money. […]
Dallas Mayor Mike Rawlings has finally reached his maximum willingness to throw taxpayer dollars at the Dallas Police and Fire Pension (DPFP) system and has pulled is support for a bill that, if it passes, will undoubtedly prove to be yet another futile effort to save the system from insolvency. Despite support for the original legislation introduced by Dan Flynn, chair of the pensions committee in the […]
Brand New Day The Mavericks (Mono Mundo Recordings) Four stars The Mavericks’ Brand New Day is skilfully paced for the dance floor, straddling southern American borders and shores with a spinning wheel of styles and rhythms. Led by rhapsodic vocalist Raul Malo, they display their usual high standards on tunes brimming with Tex-Mex accordions, Cuban rhythms, sophisticated 1960s pop, sensitive ballads and swirling bossa nova. Opener Rolling […]
