Friday 21:00 GMT Overview Financial markets gave a relatively muted response to Donald Trump’s inaugural speech as US president, with US stocks edging higher, Treasuries putting in mixed performances and the dollar easing back against its main rivals. Oil prices rose sharply amid hopes that producers would show compliance to a global deal to cut output. Gold initially struggled for traction but held above the $1,200 an […]
While Turkey’s government later said that Mr. Simsek’s remarks had been misconstrued, it was clear that he had said a settlement without Mr. Assad would be “not, you know, realistic.” Continue reading the main story Both developments came as Russia, Turkey and Iran prepared to convene Syrian peace talks in Astana, the capital of Kazakhstan, beginning on Monday. For the first time, it looked likely that the […]
Government of Dubai Media Office – 20 January 2017 The Communication Committee of the Hatta Comprehensive Development Plan held its first committee meeting to discuss the 2017 media plan. Last November, Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum unveiled the AED 1.3 billion plan to turn the mountain city of Hatta into a world-class […]
British investigators have opened “fresh lines of inquiry” into bribery and corruption at several companies, thanks to evidence gathered in a four-year investigation into illegal behaviour at Rolls-Royce. Ben Morgan, joint head of bribery and corruption at the Serious Fraud Office, told the Financial Times that information collected on a network of corrupt middlemen operating on behalf of Rolls-Royce and other companies was being pieced together “not […]
Brexit’s impact on the UK economy weighed on sterling traders at the end of another turbulent week for the devalued currency following the publication of disappointing retail sales, sending the pound sharply lower. December’s seasonally adjusted sales, minus fuel, were 2 per cent lower than in November, the worst monthly decline in more than five years. The pound had begun the day higher, but the data reversed […]
The Samsung Galaxy J7 smartphone (2017) model – believed to be the successor of the Galaxy J7 (2016) – is in the news again. Close on the heels of the alleged mobile case for the smartphone leaking online on Amazon, the handset has received the green signal from the Federal Communications Commission (FCC). The latest news comes courtesy priceraja.com, which reveals that the Samsugn smartphone has received […]
The proposed Constitution comes during a period of emergency rule, also approved by Parliament, in the wake of the failed coup attempt in July against Mr. Erdogan. Since then, he has ordered the dismissal of 100,000 state employees and the jailing of more than 40,000 others suspected of supporting the coup. He has also cracked down on the independent news media, jailing about 140 journalists in the […]
As Donald Trump moves into the White House, it would be hard to dream up a cabinet friendlier to fossil fuels. His nominees include Rex Tillerson, the former ExxonMobil chief tapped for secretary of state; Scott Pruitt, picked to run the environmental watchdog he fought as Oklahoma attorney-general; and Rick Perry, a former Texas governor set to head the energy department. “Folks in the fossil fuel industry […]
A new film that tries to marry Bollywood beats with Kung Fu moves is set to release next month. “Kung Fu Yoga,” which stars martial-arts legend Jackie Chan in the lead role and lesser known Bollywood actors Sonu Sood and Disha Patani is set for release on Feb. 3, according to the production company’s Facebook page. The film was supposed to be a full-fledged joint venture between […]
Kabir Mulchandani is a hands-on developer. While he may not be laying bricks, the SKAI Holdings CEO forwent his air-conditioned office in Downtown Dubai for an often stinking hot construction site on the Palm Jumeirah for the two years that it took for his flagship $1.2 billion hotel to be built. It was only in November that he finally walked offsite when the Viceroy Dubai Palm Jumeirah […]
Billionaire investor George Soros spoke to Bloomberg TV in Davos, and said the euphoria among stock investors since the victory of President-elect Donald Trump will end as uncertainty takes over. In an interview that may have been even gloomier than his last address to Davos in January 2016, when he said he was short the market, predicted a Chinese hard landing, and said the Fed’s hike was […]
This profile initially appeared in The Cohort, Poynter’s bi-monthly newsletter about women kicking ass in digital media. Kat Kinsman has the very cool title of senior food and drinks editor at Time Inc.’s all-breakfast site Extra Crispy. She’s also the author of “Hi, Anxiety: Life with a Bad Case of Nerves,” which hit bookstores in November. Last but not least, she appreciates a good French 75. I […]
Thirty people still missing at Italian hotel buried by massive avalanche | Reuters ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } PENNE, Italy Rescuers dug all night in deep snow and debris in search of some 30 missing people who were staying in a luxury mountain hotel in Italy when an avalanche struck almost two days ago. Officials have confirmed finding two bodies, while Italian media said two more were located […]
“Basically what I did was work very, very hard, physically and mentally, to play 21 years, and that was the key to my career,” said Rodriguez, who set the record for games played as a catcher. “I know there was a lot of speculation, but look at where I am right now.” Now he is part of the gilded 1 percent who have worn a major league […]
Bernie Dunn may have retired from the US Army but he remains on a mission in the Middle East. The Boeing regional president hit a bullseye on December 11 when his team secured an $8 billion deal with Iran Air in the airline’s first plane contract since 1979. The world’s largest aerospace manufacturer beat out its French rival, Airbus, by 11 days. Though Airbus then secured 20 […]
Friday 05.10 GMT Overview Equities markets were mixed in Asian trading on Friday as the dollar ceded ground to regional currencies and China reported on-target economic growth ahead of the inauguration of US President-elect Donald Trump. Hot topic The dollar index measuring the greenback against a basket of peers fell 0.2 per cent after a two-day winning streak left it 0.8 per cent higher at Thursday’s close. […]
Donald Trump vowed to make America “greater than ever before” as he stood framed by Washington’s Lincoln Memorial and addressed a crowd of supporters on the eve of his inauguration as the 45th president of the United States. “It’s a movement like we’ve never seen anywhere in the world,” the former property developer and reality television star declared before fireworks lit up the sky above the National Mall […]
Many worry it would only set off new fighting with the Palestinians as well as the rest of the Arab world, a big price tag for a symbolic change that would hardly move the ball on the broader conflict. Continue reading the main story “I don’t know what’s in it for Trump,” said Akiva Eldar, a longtime Israeli columnist and co-author of a book on the issue […]
The Cohort is Poynter’s bi-monthly newsletter about women kicking ass in digital media. This newsletter launched a year ago with the announcement of the 2016 class of the Leadership Academy of Women in Digital Media. Today, we’re expanding the cohort once more, with another 28 women who will participate in the academy. Reading through the hundreds of academy applications, I was reminded again and again why journalism needs […]
An extraordinary moment has arrived in the evolution of the internet. For all the transformation that has occurred over the 20+ years since the arrival of the World Wide Web and for the billions of people whose economic, civic and social circumstances have been improved, most people remain without internet connections. Residing in every country, these unconnected billions still wait for affordable meaningful access to this essential […]
Investor optimism faded in the week preceding the inauguration of Donald Trump as US president, with equity funds suffering their largest outflows since the surprise result of November’s election. Close to $2.5bn fled US equity funds in the week ending Wednesday, according to data from EPFR Global, extending outflows of $250m from the prior week and demonstrating that the investor demand that drove more than $60bn of […]
PALO ALTO, Calif. With monetary policy still modestly accommodative, the U.S. central bank should continue to raise interest rates slowly to keep jobs plentiful and inflation low, Federal Reserve Chair Janet Yellen said on Thursday. “I think that allowing the economy to run markedly and persistently “hot” would be risky and unwise,” Yellen said in remarks prepared for delivery to the Stanford Institute for Economic Policy Research. […]
Western Union agreed on Thursday to forfeit $586m after admitting that it violated US anti-money laundering laws by ignoring evidence that thousands of its agents were involved in sending illicit cash to criminals, including human traffickers in China and bookies in Costa Rica, the US Department of Justice announced. From 2004 to 2012, Western Union, a global money services business based in Englewood, Colorado, “processed hundreds of […]
GENEVA — Deliveries of lifesaving aid to Syrian civilians trapped in besieged areas are at their lowest level in almost a year, despite a cease-fire that has curbed fighting across much of the country, the United Nations said on Thursday. In Idlib Province, residents of some towns are dying for want of medical care. Armed opposition groups and government forces “are routinely doing what they can, all […]
