By Jeff Mason | NORTH CHARLESTON, S.C. NORTH CHARLESTON, S.C. President Donald Trump promised to boost U.S. manufacturing and punish companies for moving jobs overseas during a visit on Friday to a South Carolina Boeing Co (BA.N) plant to celebrate the unveiling of its latest Dreamliner jet. The Republican president, who previously feuded with the plane maker over projected costs for the next version of Air Force […]
Brad Grey, the chairman and chief executive officer of Viacom Inc’s (VIAB.O) Paramount Pictures film studio is expected to leave with an announcement coming as early as next week, according to two sources familiar with the situation. Grey’s departure from the studio, which he has headed for 12 years, comes after years of underperformance, producing box office bombs such as “Teenage Mutant Ninja Turtles: Out of the […]
DUBAI // Robots from around the world have been submitted to the UAE Awards for Good to encourage youth to pursue science, technology, engineering and mathematics in ways they have not considered before. Forty drones and robots were selected from more than 1,300 submissions for a chance to win US$1 million. Although not in the running for the prize, Saif Al Hammadi, 16, was inspired by the […]
Snap is doubling down on its appeal to a core audience of young mobile users who are turning away from television, as it prepares to take its business case to investors next week ahead of its initial public offering. The focus on a narrow base of users, as well as the company’s potential to replace TV advertising, comes amid questions about whether the owner of mobile messaging […]
Ambitious dealmaking can spell pain for corporate bond investors. Unilever’s bondholders were offered a reminder of that on Friday as prices for the Anglo-Dutch consumer group’s debt fell after the company rejected a $143bn takeover approach from US rival Kraft Heinz. Bonds that were sold only last week by Unilever dropped, with half the €1.2bn issue sliding 2 per cent to 98.37 cents on the euro, leaving […]
Twenty years ago, tech-savvy aspiring enterpreneurs joined a dot-com. Now, developers, programmers, and engineers gravitate to mobile apps and social media companies. But given the latest round of big-buck acquisitions, self-driving car technology could be the latest gold rush for ambitious and talented geeks. Auto makers and tech firms like Uber and Apple are seeking to supercharge their autonomous tech via acquisitions and talent poaching. […]
Mondelez shares dropped 5 per cent in early trading on Friday after Kraft Heinz’s approach for Unilever lessened the odds that the US group would be an acquisition target. Speculation of a potential take-over by Kraft of Mondelez was a “key factor supporting multiples for the group at such a high level,” said Stifel Nicolaus analyst Christopher Growe. “While this potential transaction (between Kraft and Unilever) does […]
Photo A scene from the documentary “The White Helmets.” Credit Shorts HD The Syrian stars of two Oscar-nominated films will travel to the Academy Awards after all, representatives said, now that President Trump’s travel ban has been lifted. Raed Saleh — the leader of a Syrian civilian rescue group and a subject of the documentary short that bears the group’s name, “The White Helmets” — will be […]
The shares of several competing food producers were under pressure on Friday after Kraft Heinz approached Unilever to propose a $143bn takeover. Mondelez, Kellogg, General Mills and Campbell Soup are all seen as potential buyout targets for Kraft, said Christopher Growe, analyst at Stifel Nicolaus. “While this potential transaction does not count out a future acquisition of these businesses, it certainly delays the potential at least a […]
Gemini Property Developers has announced that Gemini Splendor, the first of a series of luxury residential projects in the GCC over the next few years, is on track for completion in early 2018. Gemini Splendor is being built in the Hartland community in Dubai’s Mohammed Bin Rashid (MBR) City, with a built-up area of over 320,000 sq ft. The project is expected to be completed in early […]
“Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism — even before tax plan rollout!” Donald Trump tweeted this week. It is a statement that goes beyond the president’s usual rhetoric. Indeed, Wall Street had a record-setting week that included the four key US stock benchmarks — the S&P 500, the Dow Jones Industrial Average, the Nasdaq Composite and the […]
Amazon Echo: Now with Outlook.com calendars. Users of Amazon’s Echo smart speaker can now set Outlook as a default calendar for the Alexa service to access. Outlook users can set Microsoft’s web-based calendar as the default option for their Amazon Echo and other Alexa-powered devices: Microsoft said this includes accounts with email addresses ending in @outlook.com, @hotmail.com and @live.com. 10 steps How to secure your IoT deployment […]
Strata Manufacturing, the advanced composite aero-structures manufacturing company owned by Mubadala Development Company, has signed an agreement which will look at using 3D printing technology to create aircraft parts. The deal inked with India’s Reliance Defence Limited is part of plans to collaborate on advanced aerospace manufacturing capabilities between India and the UAE. The agreement continues to deepen the bilateral ties developed between the UAE and India […]
Each day, early in the morning, during lunch or when they’re done covering politics and courts in Naples, Florida, three young journalists turn back to the news. Alexandra Glorioso, 29, Brett Murphy, 25, and Joseph Cranney, 25, all work together at the Naples Daily News. They also curate a weekly newsletter highlighting local watchdog journalism. For up to an hour each day, they scan more than 100 […]
GENEVA The U.N. Syria envoy’s office declined to confirm on Friday that political transition will be discussed at peace talks in Geneva next week, potentially taking the issue of President Bashar al-Assad’s future off the agenda. “The negotiations will be entirely guided by (U.N.) Security Council Resolution 2254, which talks specifically about governance, a new constitution and elections in Syria,” Yara Sharif, a spokeswoman for U.N. envoy […]
A new technique using liquid metals to create integrated circuits that are atoms thick could shape the future of electronics, according to research led by RMIT. The technique, which can produce large electronic wafers around 1.5 nanometres in depth, was developed by researchers from RMIT, Monash University, North Carolina State University, and the Commonwealth Scientific and Industrial Research Organisation (CSIRO). Benjamin Carey, a researcher with RMIT and […]
Snapchat for Android is apparently set to become a lot better in the future, with some performance improvements coming next week and more upgrades slated for later this year. The move to bet more on Android is likely part of Snap‘s bid to drive user growth outside of the United States, and offering a quality Android app would be essential to this purpose. Snapchat Quality On Android […]
Photo Shamsuldeen Ahmed Saed and Haitham Younis Wahab rigging a small water pump in the Rashidiya neighborhood of Mosul, Iraq. Credit Ben C. Solomon/The New York Times MOSUL, Iraq — The water taps are dry in Rashidiya. The water and sewage system collapsed in this eastern Mosul neighborhood after 100 days of street combat. On Sunday, Haitham Younis Wahab and his neighbor Shamsuldeen Ahmed Saed decided to […]
Submitted by Pam Martens and Russ Martens via WallStreetOnParade.com, Less than two weeks after Mary Jo White was nominated to become Chair of the Securities and Exchange Commission by President Barack Obama on January 24, 2013, White filed an ethics disclosure letter advising that she would “retire” from her position representing Wall Street banks at the law firm Debevoise & Plimpton. White wrote on this subject in […]
By Tulay Karadeniz | ANKARA ANKARA Turkey’s military said on Friday it was close to taking the northern Syrian city of al-Bab from Islamic State, a victory that would deepen Turkish influence in an area where it has created a de facto buffer zone. Al-Bab, an Islamic State stronghold 30 km (20 miles) from the border, has been a key target in an offensive launched by Turkey […]
The Australian government has announced the signing of a treaty-level Science, Research, and Innovation Cooperation Agreement with the New Zealand government. As part of the agreement, Australia and New Zealand will work together to tackle chronic disease, advance general health care, and improve the accuracy and availability of GPS signals, said recently appointed Minister for Industry, Innovation and Science, Senator Arthur Sinodinos. “This is the first treaty […]
FIFA President Gianni Infantino said on Thursday he intends to encourage co-hosting for the 2026 soccer World Cup that could divide the tournament up between as many as four countries. “We will encourage co-hosting for the World Cup because we need FIFA to show we are reasonable and we have to think about sustainability long-term,” Infantino said. “(We could) …maybe bring together two, three, four countries who […]
By Hyunjoo Jin and Joyce Lee | SEOUL SEOUL Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the world’s biggest maker of smartphones and memory chips. The 48-year-old Lee, scion of the country’s richest family, was taken into custody at the Seoul […]
There was predictable consternation in Beijing and among foreign policy experts in Washington. They fretted that Mr. Trump was recklessly undoing the landmark China diplomacy of Richard M. Nixon and Mao Zedong — fears that were misplaced, it turned out. Continue reading the main story Last week, Mr. Trump telephoned President Xi Jinping and promised to abide by “one China,” having discovered that Mr. Xi was not […]
