Mulesoft, a software “unicorn”, gained 46 per cent in its trading debut in New York on Friday, the latest in a number of hot listings that are reviving the US market for initial public offerings. Mulesoft rose to $24.75 after pricing at $17, giving the IPO the best first-day “pop” this year, according to Dealogic. The performance follows recent first-day gains from Canada Goose, the maker of […]
Modcloth was founded in 2002 in Pittsburgh by Susan Koger. Walmart is buying Modcloth, an online retailer known for its vintage and geek-chic fashion designed to a range of female body types. Financial terms were not disclosed, but Walmart said it acquired Modcloth’s assets and operations and that the deal has already closed. Modcloth was founded in 2002 in Pittsburgh by Susan Koger, then a student at […]
For Diana Sugg, writing a big story is a little bit like eating a slice of pizza. Don’t try to bite off more than you can chew at the beginning, said Sugg, a Pulitzer Prize-winning editor at The Baltimore Sun. Start with the small end. The slice — and the story — gets wider the farther in you go. At the beginning, find something appetizing and easy to “swallow” […]
Jeroen Dijsselbloem, the Dutch finance minister who served as the eurozone’s chief dealmaker during some of the bloc’s biggest crises, may become a high-profile casualty of his national elections, with his Labour party unlikely to remain in government after losing three-quarters of its seats. The drubbing means Mr Dijsselbloem, who has served as eurogroup president for more than four years, may have to relinquish the post before […]
Photo Egyptian workers excavate a statue in Cairo last week. The colossus, originally believed to represent Ramses II, is now thought to be a statue of Psamtik I. Credit Khaled Desouki/Agence France-Presse — Getty Images CAIRO — The pharaonic statue that was discovered in a Cairo slum last week, believed to depict to Ramses II, one of ancient Egypt’s best known rulers, most likely is of a […]
This morning President Trump hosted a brief media appearance in the oval office, along with a group of conservative lawmakers, to, among other things, declare his “100% support” for the GOP’s Obamacare replacement plan. During the discussion, Trump indicated that concessions had been made to the GOP’s legislation to attract the support of several conservative lawmakers and guarantee the bill’s passage when it come up for a […]
Despite the surge in interest and sales of modern data discovery tools like SAP BusinessObjects Lumira and SAP BusinessObjects Cloud, corporations are still really, really interested in reporting. At the recent Gartner Data & Analytics event in Texas, Cindi Howson showed that descriptive analytics remains by far the most common type of analysis that companies do in the real world. Last year, Gartner redefined the BI and […]
WASHINGTON The Pentagon on Friday denied accusations by a Syrian rebel group that the United States had targeted a mosque in Syria and, in a rare move, showed an aerial image to illustrate the mosque was intact and the building destroyed was in fact across the street. Pentagon spokesman Captain Jeff Davis, addressing a Pentagon news conference, said he believed dozens of al Qaeda fighters were killed […]
ROME Italy will host a meeting between European and North African countries next week in a bid to strengthen support for an agreement it struck with Libya to fight people smuggling as migrant arrivals surge. The prime minister of the U.N.-backed government in Tripoli, Fayez al-Seraj, will meet with Italian Prime Minister Paolo Gentiloni and interior ministers from eight European countries including Germany and France on Monday. […]
As part of sweeping efforts to reduce regulation and boost business, President Trump this week announced plans to relax fuel economy standards. The Corporate Average Fuel Economy (CAFE) standards, which were implemented decades ago but accelerated under President Obama, call for automakers to reach a fleetwide average 54.5 miles per gallon by 2025. In typical deal-maker fashion, Trump went to Detroit to announce the easing […]
DUBAI // “How was school?” was never a question 19-year-old Krishna Kisani could answer. But the teenager who has autism now takes out flash cards to show healthy and unhealthy food groups and repeats ‘fire station’ after a class visit with teachers at the Integreat Centre. His mother Savitri enjoys finally knowing what her son does in school due to a structured programme helping the teenager to […]
In Nairobi, children kick a football down the street pretending to be Ronaldo. In London, K-pop is on MTV. And in an Abu Dhabi mall, a queue forms outside the latest bubble-tea cafe. We have all become familiar with the continuous creep of globalisation. So it’s not surprising that, like other industries, classical music hasn’t been left behind. Next week, one of the bastions of the British […]
The White House has assured the UK government it will not repeat allegations that President Donald Trump was placed under surveillance by GCHQ, Britain’s electronic eavesdropping agency, after London protested over the “nonsense” claims. The allegations, made on Thursday by White House press secretary Sean Spicer, triggered an angry response from Downing Street, an extraordinary high-level spat between two allies with possibly the closest intelligence-sharing relationship in […]
Photo Some of the Somali migrants who died, in the Red Sea port of Al Hudaydah, Yemen, on Friday. Credit Abduljabbar Zeyad/Reuters SANA, Yemen — More than 30 Somali migrants in a vessel off Yemen were killed on Friday in what Yemeni security officials said was an airstrike by a Saudi-led military coalition. Joel Millman, a spokesman for the International Organization for Migration in Geneva, said that […]
Friday 13:30 GMT What you need to know ● Dollar index nudges up after hitting five-week low● Short term US bond yields inch higher● Global stocks at record as Wall St gains ground● Oil prices firmer after volatile week● Gold advances towards $1,230 an ounce——————- Hot topic Has the buck bounce run its course? The dollar index (DXY) — a measure of the greenback against a basket […]
Doha Festival City, which is due to open next month, has revealed its plans for a 3km outdoor leisure trail. Visitors to the new shopping mall will have free access to the trail, which includes a running and walking path, as well as an adjacent cycling lane with technical trail features specifically designed for mountain bikes, a statement said. The mall has postponed its opening date several […]
ZURICH Switzerland has rejected a Turkish request for legal assistance in prosecuting a suspect accused of insulting President Tayyip Erdogan, ruling that the comments in question were protected by Swiss free speech provisions. Switzerland helps foreign prosecutors only if the crime they are investigating is a criminal offence in Switzerland as well, and that was not the case here, a spokesman for the Federal Office of Justice […]
ING Direct in Australia has released its financial results for 2016, reporting AU$295 million in statutory after-tax profit off the back of attracting 163,000 new customers during the 12-month period. According to ING CEO Uday Sareen, the bank’s customer growth came as a result of ING further developing its digital offerings and launching a new online banking platform in 2016. “Bank customer inertia is declining as people […]
Today, the Internet Society hosted a special Community Forum, “Youth on the Internet.” Hundreds of participants from across 6 continents joined the conversation to share their views on what the Internet means to them. A special thanks to our Next Generation Leaders who were panellists – Evelyn Namara (Uganda), Veronica Arroyo (Peru), Yuza Setiawan (Indonesia) for a vibrant discussion on topics such as how young people can […]
Netflix announced today that it would ditch its standard five-star rating scheme in favor of a much more simple thumbs up or down option. The streaming service said it had been testing thumbs up and down ratings “with hundreds of thousands of members” in 2016 – and it led to 200% more ratings being given. This makes sense – giving a five-star rating takes some thought, especially […]
WASHINGTON — The United States military said that it had carried out an airstrike against a meeting of Qaeda militants on Thursday in Syria and that a number of the extremists had been killed. The American military statement came as Syria activists reported that a mosque had been bombed and that scores of innocent civilians had been killed and wounded. A spokesman for the United States Central […]
The parkas that have made it to the top of Mount Everest and the cover of Sports Illustrated’s swimsuit edition have found their way to Wall Street. Shares of Canada Goose, the maker of down winter coats with coyote fur trim and a circle patch logo, soared in their New York debut on Thursday, rising 26 per cent to $16.08 after pricing at $12.78 a piece, above […]
Authored by Michael Jabara Carley via The Strategic Culture Foundation, On 10 January 2017 Canadian Prime Minister Justin Trudeau fired his minister of external affairs, Stéphane Dion, and replaced him with Chrystia Freeland, who was then minister of international trade. This cabinet shuffle might not have gotten much public notice except that Dion is a distinguished parliamentarian, former leader of the party and leader of the opposition, […]
By Colin Packham | SYDNEY SYDNEY Parts of Australia’s Great Barrier Reef will never recover from the impact of unseasonably warm waters, scientists said on Thursday, as more of the World Heritage Site comes under renewed threat from a recent spike in sea temperatures. Warm seas around the reef killed some two-thirds of a 700 kilometre (496.4 miles) stretch of coral last year after warm water caused […]
