Photo One of Bahman Jalali’s photographs, part of “Iran-Iraq War” (1980-1988), which is among those that won’t be displayed at the Aipad Photography show. Credit Bahman Jalali, courtesy Ag Galerie Tehran When this year’s edition of the Aipad Photography Show opens on Thursday, one of its booths will be empty — a casualty of President Trump’s travel ban. Ag Galerie, which was to have its debut at […]
Agricultural trading bosses gathered in Lausanne, Switzerland for the FT’s Commodities Global Summit have warned against closed borders and potential trade wars as rising protectionist rhetoric casts a shadow over their ability to access global markets. David MacLennan, Cargill chief executive, says raising tariffs will hurt the world economy, and Carl Casale, head of CHS, a leading US grain co-operative, highlights the damage it would wreak on […]
By Francesco Guarascio and Tom Körkemeier | BRUSSELS BRUSSELS European Union lawmakers want to tell Britons they can change their minds and stay in the EU after Prime Minister Theresa May triggers a two-year Brexit countdown on Wednesday. The European Parliament is drafting a resolution to respond to May’s notice of withdrawal under Article 50 of the EU treaty. Senior lawmakers said it would stress London could […]
The Gulf emirate of Qatar is tiny, but it’s made a name for itself by placing big bets. Thanks to vast reserves of natural gas, its 2.6 million residents enjoy the world’s highest per-capita income: $129,700 a year. Qatar has acquired more than $335 billion worth of assets around the globe, buying up trophies such as London’s Shard, the tallest building in Europe. The emirate has also […]
PARIS Francois Hollande’s election as president in 2012 was supposed to herald a new dawn for French socialism after 17 years of right-wing rule, but by June his party could be struggling to survive. Weeks before the start of an election to pick France’s next president, the ruling bloc is in tatters. Socialist Party (PS) nominee Benoit Hamon is floundering after adopting a hard-left programme that alienated […]
Tesla Motors and SpaceX boss Elon Musk says Neuralink will explore software on implantable devices for the human brain. Image: James Leynse Tesla and SpaceX boss Elon Musk has created another out-there venture called Neuralink, which will develop tech to enhance human brain capacity. Details of Musk’s new medical research company were reported by The Wall Street Journal on Monday. Musk plans to reveal more details in […]
ANKARA Turkey was warning Europe not to interfere in a referendum next month on changing the constitution and expanding President Tayyip Erdogan’s powers, Prime Minister Binali Yildirim said on Tuesday, adding Europe should “mind its own business”. The issue of the referendum has already badly strained relations between Turkey and several European countries, including Germany and the Netherlands, after they banned Turkish ministers from campaigning in their […]
Lenovo-owned Motorola could have a new smartphone in the pipeline, dubbed the Moto X 2017. A series of leaked images have surfaced online, which suggest that there is a possibility that the company may soon announce the next-gen Moto X smartphone. The leaked images of the alleged Moto X 2017 were posted on Google+ on March 28 by a user called Jerry Lin. Two images show off the next-gen Moto […]
The UAE’s fragile natural habitat and animal life are likely to be put under more strain by climate change, leading to economic losses for the growing tourism sector. The Emirates Wildlife Society and World Wildlife Fund report, UAE Climate Change Risks and Resilience, this week outlined concerns about the effect on coral reefs off the coast. Some effects of climate change can be predicted through research, such […]
Cuban president Raúl Castro is preparing to step down next year, Venezuela has cut millions of dollars in aid and Donald Trump’s election has cast a shadow over the nascent US-Cuba detente. Unnerved by the changes, Havana’s domestic reform drive has ground to a halt as the Communist party battens down the hatches. Marino Murillo, the senior official leading Cuba’s reforms, has not been heard in public […]
The assassination of Mr. Fuqaha could herald a new kind of shadow war between bitter foes — a message from Israel to Hamas’s new, hard-line leader, Yehya Sinwar. Or Mr. Fuqaha’s death could be an ominous sign of internecine rivalries among Palestinian factions and even within Hamas under Mr. Sinwar, who carries a reputation as a harsh enforcer of loyalty in the group. Continue reading the main […]
Index provider FTSE Russell is to consult with stakeholders about including Snap in its widely followed Russell indices, amid investor worries about lack of shareholder rights at the newly listed messaging app provider. The consultation, to be officially launched in the coming days, is the latest sign of growing interest among “passive” fund managers in the corporate governance of the companies their index-tracking model obliges them to […]
Dawn is the time to see Angkor Wat. Waiting in the dark as the exquisite 11th-century temple is conjured out of the Cambodian jungle feels ridiculously thrilling. As the sun rises above the tall, minutely carved, lotus-like towers, and the ornate magnificence of the buildings is reflected in the great ornamental lakes, you get a sense of how 19th-century French explorer Henri Mouhot must have felt when […]
“The new tax rate will bring Saudi Aramco in line with international benchmarks,” Saudi Aramco’s chief executive officer, Amin H. Nasser, said in a statement. Continue reading the main story The tax cut was announced a couple of months after intensive discussions with international bankers in Riyadh about how the offering should be structured. Bankers and independent specialists said the cut would help increase the cash flow […]
Tuesday 08:45 GMT What you need to know ● Markets recovering their poise after “Trump trade” wobble● S&P 500 futures higher and helping European to open on the front foot ● Energy stocks underpinning bourses as oil prices gain ground● Dollar steadies after sliding to four-month lows, Treasury yields nudge up● Gold prices ease back as haven flows dwindle——————- Hot topic Investors are rediscovering their risk appetite […]
Astronomers have used a radio telescope in outback Western Australia to see the halo of a nearby starburst galaxy in unprecedented detail. A starburst galaxy is a galaxy experiencing a period of intense star formation and this one, known as NGC 253 or the Sculptor Galaxy, is approximately 11.5 million light-years from Earth. “The Sculptor Galaxy is currently forming stars at a rate of five solar masses […]
PARIS Centrist candidate Emmanuel Macron is expected to win France’s presidential election, according to an Ipsos Sopra Steria poll released on Tuesday – the latest of many surveys showing the 39-year-old Macron as frontrunner. The poll said that if the election were held next Sunday, far-right leader Marine Le Pen would have the most votes in the first round, at 25 percent, compared to 24 percent for […]
Adriaane Pielou Holidaying on horseback is guaranteed to lift the spirits. The exhilaration you feel after spending time in the fresh air afforded by the countryside is enhanced by the fact that you can choose from a range of trips. Despite being a sporty kind of activity, a riding holiday can involve weeks crossing mountains and camping out each night. However, you can also choose undemanding meanders […]
Mr. Netanyahu, several experts said, wants to talk to Mr. Trump about how best to confront Iran. But the administration’s policy toward Iran is still taking shape, making it less fruitful for the Israeli leader to come to Washington for a face-to-face meeting with the president. Continue reading the main story In his video appearance — after joking that he skipped the conference to avoid standing in […]
SEOUL South Korea’s family-run conglomerates are facing calls for a shakeup in their governance from a leading candidate in May’s presidential election, following the ouster of former President Park Geun-hye in a burgeoning influence-peddling scandal. The conglomerates known as chaebol have come under the reform buzz saw before, only to emerge bigger and stronger than ever. The country’s four biggest chaebol groups account for around half the […]
Vocus Communications has announced selling its 16 percent stake in Macquarie Telecom, offloading 3,358,511 MAQ shares at a price of AU$12.20 per share for a total of around AU$41 million. Vocus sold 100 percent of its interest in Macquarie Telecom to both institutional and retail shareholders via a block trade, it announced to the Australian Securities Exchange on Tuesday morning. According to Macquarie Telecom, the sale of […]
The new Albert Chadwick Research Room inside the Roberts Proton Therapy Center is no ordinary laboratory space. In fact, there’s nothing else quite like it anywhere else in the United States, and whether it’s treating patients with cancer or helping NASA with its plans to send astronauts to Mars, the discoveries that could propel scientists forward will happen right here. (via WSJ)
The Philadelphia Inquirer, the Philadelphia Daily News and Philly.com have a new editor, the latest step in an ongoing reorganization of their parent company. Gabriel Escobar will be editor and vice president of Philadelphia Media Network, a new job that puts him in charge of news for the Inquirer, Daily News and Philly.com, the company announced Monday. Escobar, who was previously managing editor for news at the […]
Want to beat Warren Buffett’s investment returns? Don’t want to spend a lot of time working at it? Bloomberg’s macro strategist Cameron Crise has just the investment process for you… Last week I wrote about a simple model that is surprisingly effective at profiting from the rebalancing tendencies of passive investors. This in turn brought to mind another well-known instance of behavioral herding that has led to […]
