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By Alexandria Sage and Paul Lienert | LAS VEGAS LAS VEGAS Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China-backed company strives to win credibility in the crowded sector and weather its funding challenges. The “FF 91”, described by its designer Richard Kim as “weird-pretty”, is a luxury electric SUV Faraday […]

Samsung Electronics will commence an over-the-air software update in South Korea starting next week that will cap Galaxy Note 7 batteries at 15 percent, the company said. The South Korean tech giant has recalled 94 percent of the flagship phones sold in its home country so far and has sent notice to those still using them. The update will commence on Monday January 9. Earlier, the company […]

An imprisoned political activist in Iran who began a hunger strike more than two months ago to protest the incarceration of his wife halted the fast on Tuesday when the judicial authorities released her at least temporarily, rights groups and Iranian news media reported. The showdown between the authorities and the activist, Arash Sadeghi, who was sentenced in 2015 to at least 15 years for acts deemed […]

Wednesday 05:00 GMT Overview Data-fuelled optimism helped lift equities for a second day in Asia as Japanese investors cheered the weaker yen after the US dollar hit new 14-year highs. With few significant events on the regional calendar for Wednesday, it was left to overnight gains on Wall Street to set the tone Hot topic Is it too early to start talking about Friday’s US non-farm payrolls […]

Police in Alabama arrested six African-American civil rights activists staging a sit-in at Senator Jeff Sessions’ office on Tuesday to protest his nomination for U.S. Attorney General, criticizing his record on voting rights and race relations. Sessions, 70, has a history of controversial positions on race, immigration and criminal justice reform. Members of the National Association for the Advancement of Colored People (NAACP) had vowed to occupy […]

As previewed yesterday, today at 10pm ET, WikiLeaks’ Julian Assange would be interviewed by Fox News’ Sean Hannity. For those who are unable, or unwilling to watch, Fox, here is a link to the full interview which will take place over the next hour, until 11pm ET. Live feed after the jump Source link

Past inquiries stretching over Mr. Netanyahu’s more than two decades in public life have examined his family trips and home expenses without resulting in charges. But allies and enemies alike were already saying on Tuesday that this case could be different. Continue reading the main story The three-hour police interrogation at his official residence on Monday night came at a high-profile moment for Mr. Netanyahu on the […]

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After seven years of stock markets climbing ever upwards, investors found a new reason to buy in November: the shock election of Donald Trump. One oft-repeated anecdote is how the billionaire investor Carl Icahn left Mr Trump’s victory party to buy US stocks. A few days later Stanley Druckenmiller, who earlier in the year told a conference for fellow hedge fund managers to “get out of the […]

As Hurricane Sandy bore down on the Connecticut coast late October of 2012 and Gov. Dannel Malloy pled with residents to find high ground, reporter Neena Satija couldn’t shake one thought: “We are clearly not prepared for this.” Sandy passed, and sheer luck spared the state the worst of its impacts. But did officials acknowledge the averted disaster? Not in Satija’s view. “All of a sudden talk […]

For a long time, no visitors were allowed in his hospital room; the burn unit was a sterile environment. But on the morning Miller’s arm was going to be amputated, just below the elbow, a dozen friends and family members packed into a 10-foot-long corridor between the burn unit and the elevator, just to catch a glimpse of him as he was rolled to surgery. “They all […]

WASHINGTON Republican U.S. Senator Mike Enzi introduced on Tuesday a resolution allowing for the repeal of President Barack Obama’s signature health insurance programme, which provides coverage to millions of Americans, Enzi’s office said in a statement. The move by the Senate’s budget committee chairman on the first day of the new Congress set in motion the Republican majority’s promise to repeal the 2010 Affordable Care Act, known […]

Samsung’s Galaxy S7 has been a hit, but it needs something new after the Galaxy Note 7 debacle. (Image: file photo) It’s only been nine months since Samsung announced the Galaxy S7 and Galaxy S7 Edge, but there are already plenty of rumors surrounding its follow up: the Galaxy S8. Based on speculative reports and several credible leaks, here is what we think might appear on Samsung’s […]

In a four-part series, Turning a New Leaf, we reported on ways people can reduce their carbon footprint through simple changes to their lifestyle. Over the next four weeks, reporter Naser Al Wasmi is going to live a more environmentally sound life. He will be vegetarian during weekdays, go to the petrol station only twice in January, never waste or throw away any food, and try to […]

As usual with the ultra fast-paced fashion industry, spring/summer collections are trickling into the stores just as we were celebrating the winter weather. Although a cooler climate may be guiding your outfit choices at the moment, don’t feel pressured to dress solely in dark hues and moody winter florals. Instead, embrace next season’s fashion offerings early and incorporate them in your wardrobe now. There are a couple […]

Photo Oklahoma running back Joe Mixon played to the crowd after scoring a touchdown against Auburn on Monday night in the Sugar Bowl. Credit Jonathan Bachman/Getty Images North America It was the kind of empty, upbeat comment announcers make all the time. A positive remark about a college player and good wishes for his future. But the player Brent Musburger chose to praise on the Sugar Bowl […]

Banks and commodity companies set the pace as the FTSE 100 extended its run into record territory on Tuesday, taking the gains for the blue-chip index to 13 per cent since the UK voted for Brexit. Sentiment towards the FTSE 100 has brightened on optimism over bank earnings as bond yields rise, and on the support a stronger oil price is giving the commodities sector. “The FTSE […]

|By Matein Khalid|“Few individuals alter the course of history. Fewer still change the map of the world. Hardly anyone creates a nation state. Mohammed Ali Jinnah did all three”. Dr. Stanley Wolpert’s words still give me goose pimples two decades after I first read his book. Mr. Jinnah founded Pakistan and was also my ancestral kinsman. I too was born in Karachi, the city by the sea, […]

PICKS are stories from many sources, selected by our editors or recommended by our readers because they are important, surprising, troubling, enlightening, inspiring, or amusing. They appear on our site and in our daily newsletter. Please send suggested articles, videos, podcasts, etc. to [email protected]. Western Economist Fingers Russia as “Panama Papers” Source (Gerry) The hackers who released the huge cache of files known as the Panama Papers […]

Despite the weakness in ‘hard’ industrial production data, US Manufacturing ‘soft’ survey data from ISM and Markit surged in November and December. PMI rose to 54.3 final for December – a 21-month high – with employment rising and inventory-building. However, stagflation concerns continue to build as new orders declined and input price inflation accelerated. ISM rose to its highest since Dec 2014 with prices paid soaring to […]

By David Morgan | WASHINGTON WASHINGTON Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump’s cabinet is studded with oil champions sensitive to the risk of higher gasoline prices. Trump’s emerging leadership includes Exxon Mobil Corp Chief Executive Officer Rex Tillerson as secretary of state, former Texas Governor Rick Perry as energy […]

But Trump has also ventured beyond mere name-calling, turning the 2016 election into a competition between knowledge systems: the tell-it-like-it-is “people” versus the know-it-all “elites.” His campaign insisted for months that pollsters and technocrats and media would be proven wrong by his electoral success. The fact that he did win dealt a blow to an entire worldview, one in which empirical inquiry and truth-telling were supposed to […]

Turkey’s lira fell to a record low on Tuesday amid concerns about rising inflation and the fallout from the new year’s day terrorist attack in Istanbul. The currency dropped 1.5 per cent to TL3.5993 against the dollar. The fall underlines investor disdain for a currency that fell 17 per cent in 2016, marking the second-worst performance among emerging market currencies after the Argentine peso. Political risk and […]

He was released on his recognizance, but arrested 10 days later. He was accused of acting as an undercover liaison between Fatah, the dominant faction within the Palestine Liberation Organization, and guerrilla cells in the West Bank. Continue reading the main story The authorities also said he had smuggled gold, whiskey and television sets across the border. In addition, investigators said the archbishop had been involved in […]

While 2016 was the year the unlikely became real, currency investors enter 2017 no better equipped to tell the difference between reality and illusion. Brexit and Trump made a mockery of assumptions, shredded investors’ best-laid plans and turned political risk analysts into the most in-demand advisers of the year. The two big themes of 2016 will feel palpable during the first quarter of 2017. Donald Trump takes […]

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