Friday 02:30 GMT Overview Asia’s markets were bracing for key US jobs data on Friday, leaving stock indices flat and most currencies higher against a wobbling dollar. Within the region, attention was on the Chinese renminbi, which paused for breath after enjoying its biggest two-day rally against the dollar since the offshore market was created in 2010. Hot topic While currency markets are looking at the renminbi, […]
With all eyes likely on wage growth indications in the subtext of tomorrow’s payrolls report (following The Fed Minutes’ comments on full employment), Goldman Sachs is forecasting a better-than-expected 0.3% rebound in average hourly earnings (helped by more favorable calendar effects) and a better-than-expected 180k payrolls print (albeit with a small rise in the unemployment rate). However, they are careful to note that any downside can be […]
News flash: In 2017, Microsoft Connected Car is now known as Microsoft Connected Vehicle. Otherwise, Microsoft’s automotive strategy remains the same as it was in 2016. Credit: Microsoft Last year, Microsoft execs made it clear that embedding some variant of Windows inside a car is not what Microsoft officials believe to be important — or, more importantly, something they could attain. Last year at CES, Microsoft execs […]
WASHINGTON The United States said on Thursday North Korea had demonstrated a “qualitative” improvement in its nuclear and missile capabilities after an unprecedented level of tests last year, showing the needed to sustain pressure on Pyongyang to bring it back to disarmament negotiations. U.S. Deputy Secretary of State Antony Blinken told a joint news conference after a meeting with his Japanese and South Korean counterparts that North […]
Your daily guide to community and cultural activities across the Emirates for January 6, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Cultural festival Enjoy the extended opening of Sheikh Zayed Heritage Festival. Learn more about local culture at this event that celebrates the legacy of the founding President of the UAE, including entertainment […]
Xiaomi, the Chinese smartphone maker, said that its revenues in India had exceeded $1bn last year as it looks abroad for growth amid continuing competitive pressures at home. Chinese-owned technology companies have so far led the smartphone market in India. The subcontinent is seen as the next big untapped market for mobile makers at a time when growth has begun to flag elsewhere. Sales of Xiaomi’s smartphones […]
The United States on Thursday officially listed a son of Osama bin Laden as a “global terrorist,” and warned that the younger man, who has called for attacks around the world, poses a risk to American national security. The son, Hamza bin Laden, who has pledged to take up Osama bin Laden’s violent mantle and avenge his death, is “actively engaged in terrorism,” the State Department said, […]
Mexico’s central bank intervened in the foreign exchange markets to halt the peso’s record slide against the dollar but failed to provide anything more than temporary respite for its battered currency. The peso responded to the move, the first of its kind since the election of Donald Trump, with a 1.5 per cent rise against the dollar. Having tumbled to another all-time low of 21.61 pesos on […]
By David Shepardson | WASHINGTON WASHINGTON U.S. President-elect Donald Trump targeted Toyota Motor Corp (7203.T) on Thursday, threatening to impose a hefty fee on the world’s largest automaker if it builds its Corolla cars for the U.S. market at a plant in Mexico. “Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or […]
Proteins are the workhorse molecules of life. Among their many jobs, they carry oxygen, build tissue, copy DNA for the next generation, and coordinate events within and between cells. Now scientists have developed a method to control proteins inside live cells with the flick of a switch, giving researchers an unprecedented tool for pinpointing the causes of disease using the simplest of tools: light. (via WSJ)
BERLIN German trauma surgeons advised the public on Wednesday to walk like penguins to avoid slipping on pavements with freezing temperatures forecast nationwide over the next few days. An advisory published on the website of the German Society of Orthopaedics and Trauma Surgery said that walking like the aquatic birds involves leaning the torso forward so that the centre of gravity is on the front leg. A […]
Tiny rods found inside the bodies of orange puffball sea sponges have an interesting tapered shape. That shape, new research shows, turns out to be a match for the Clausen profile, a column shape shown to be optimal for resistance to buckling failure. Credit: Michael Monn, Haneesh Kesari / Brown University Judging by their name alone, orange puffball sea sponges might seem unlikely paragons of structural strength. […]
After a near double-digit rally in US stocks since Donald Trump’s election victory, the question for investors is whether the outlook for corporate profits can begin to justify investors’ newfound optimism. Much of the rally has been underpinned by hopes that a Trump administration will boost corporate profits through lower corporate taxes, a more accommodative regulatory regime and a more confident US consumer. Corporate chief executives will […]
By Dustin Volz and Patricia Zengerle | WASHINGTON WASHINGTON The top U.S. intelligence official told Congress on Thursday he was “even more resolute” in his belief that Russia staged cyber attacks on Democrats in the 2016 election campaign, rebuking persistent scepticism from Republican President-elect Donald Trump about whether Moscow was involved. Director of National Intelligence James Clapper said he had a very high level of confidence that […]
The long wait is over after Samsung finally unveiled two brand new Chromebooks that were made in partnership with Google at CES 2017. The two Chromebooks could very well be the two laptops that will expand Samsung’s user base in the hybrid laptop space, and will compete against Microsoft’s Surface hybrids: the Surface Book and Surface Pro 4. All four devices will be great options for people who are […]
January 5, 2017 by: David J Lynch in Washington and Jessica Dye in New York Senator John McCain joined three top US intelligence officials on Thursday in blaming Russia for election-related cyber attacks which the chairman of the Senate Armed Services Committee called an “unprecedented attack on our democracy”. At an extraordinary Senate hearing called to hear the intelligence community’s conclusion that Russia interfered in November’s presidential […]
The decision to introduce the stipends after years of objections from the N.C.A.A. came in response to outside pressure — from essays to lawsuits — criticizing colleges for not sharing more of the money they earned off their athletes. But it also came because of the continually rising amount of cash produced by innovations like the College Football Playoff itself, which is currently in the third year […]
Increased number of visitors and hotel occupancy seen during Hajj and Umrah season January 05, 2017 Elaf Group, a SEDCO holding company, and a leading provider of travel, tourism and hospitality services, has recently seen growth spikes in the tourism sector of Saudi Arabia during the Umrah season and the recent celebration of Prophet Muhammad’s (pbuh) birthday. This was evident in the increase of occupancy rate in […]
Thursday 15:20 GMT Overview A surge in the Chinese renminbi is contributing to selling of the US dollar, its retreat from 14-year highs rattling the broader market and boosting the price of gold. US and European equities are becalmed following a mixed Asian session, while Treasury yields dip from recent peaks despite what many analysts consider were a relatively hawkish set of minutes from the Federal Reserve. […]
None of those accounts are wholly satisfactory, of course; none offer a full picture of Chelsea’s eye-catching reversal. But neither are any of them wrong. Conte has turned around Chelsea not with one grand gesture but with countless small ones. Only Pedro erred slightly: Whatever Conte has done, it most certainly has not been easy. Conte’s work as Chelsea’s manager started long before his first day in […]
It’s fair to say that HappyFresh, one of a number of startups working to make the business of on-demand grocery shopping viable in Southeast Asia, didn’t have a great 2016. The two-year-old company pulled out of two countries to “focus on sustainability and profitability” and raised an ominous ‘undisclosed’ Series B round having previously closed a $12 million Series A a year prior. Now TechCrunch has learnt that it has also […]
Submitted by Finian Cunningham via Strategic-Culture.org, The dark, infamous days of American lynch-mob rule and burning witches at stakes are back as never before. But not in backwater enclaves of benighted bigotry. Oh no, the modern lynch mobs are running amok in Washington’s seat of government, across prime TV and on the editorial pages of its supposed finest newspapers. It is the effete, self-regarding ruling US elite […]
Scientists show how cement particles can handle stress by gradually passing it from one layer to the next and turning weakness to strength. (via WSJ)
BANGKOK Thai Deputy Prime Minister Prawit Wongsuwan said on Wednesday a general election will be held this year after doubts were raised by a member of the national legislative assembly. Thailand’s next polls will restore civilian rule following a 2014 coup, and will be the first under a new constitution, approved in a referendum last year, that critics say will ensure military oversight of elected governments. “We […]
