30 December, 2016 PTI to support PPP on Panama Papers caseKARACHI: Pakistan Tehreek-i-Insaf chairman Imran Khan said on Thursday that his party was ready to support the Pakistan Peoples Party (PPP) and other opposition parties if they launch a movement against the government on the Panama Papers issue. He said the PPP had so far not contacted the PTI for launching an anti-government movement; […]
Abu Dhabi, United Arab Emirates; December 30, 2017 As the 10th anniversary year of Masdar, Abu Dhabi’s renewable energy company, draws to a close, industry watchers can reflect on 12 months that have marked a historic milestone for the company and a pivotal moment for the renewable energy sector as a whole. During the decade since Masdar was established, the UAE has cemented a global reputation for […]
HONG KONG China’s Huawei Technologies Co Ltd [HWT.UL], one of the world’s largest telecom equipment makers, said on Friday it expects 2016 revenue growth to slow slightly to 32 percent and forecast greater uncertainties next year. The Shenzhen-based company, which competes with Sweden’s Ericsson (ERICb.ST) for the top spot in the global market for telecoms equipment, sees 2016 revenue hitting 520 billion yuan ($74.8 billion), said Eric […]
Pirates have leaked ‘Pokémon Prism,’ the fan-made project that was shut down by Nintendo. The game, which is a ROM hack for ‘Pokémon Crystal,’ allows players to explore the region of Naljo and encounter both familiar and new Pokémon. ( ‘Pokémon Prism’ | Reddit ) Last week, Nintendo shut down fan-made video game Pokémon Prism just days before it was supposed to launch by sending a cease-and-desist letter to […]
“I just think for us, we’re not afraid of the name on the jersey,” Maryland Coach Brenda Frese said. “And that’s three-fourths of the battle.” Continue reading the main story The idea was more than just wishful thinking. Unlike last season, when Connecticut stood well ahead of the pack in both offensive and defensive points per possession, the Huskies trailed the Terrapins on both counts entering the […]
In August, US group ValueAct announced a $1.1bn stake in Morgan Stanley. Yet the notorious boardroom activist had no plans to shake up management, no beef with strategy at the investment bank. The stock, it said, was simply cheap. Mere months later an investment that had seemed brave at the time is worth $1.8bn. ValueAct’s gain is just one of the more striking examples of an extreme […]
Saudi Arabian commercial bank deposits rose to their highest level this year in November, a sign that a liquidity crunch due to low oil prices is easing as the government liquidates foreign assets to pay its bills, official data showed on Wednesday. Bank deposits climbed to 1.624 trillion riyals ($433 billion) from 1.610 trillion riyals in October, the fourth straight month-on-month gain, the central bank figures showed. […]
The Singapore government has invested significant resources and efforts in building up a thriving startup environment, but its inhabitants must now take risks and look beyond local shores. Jeffrey Paine, general partner at Golden Gate Ventures, believed Singapore’s startup scene had progressed well over the last six to eight years. He said a number of successful startups had grown and executed well in the region, as well […]
By John Davison | BEIRUT BEIRUT A nationwide ceasefire in Syria, brokered by Russia and Turkey which back opposing sides in the conflict, got off to a shaky start after midnight on Friday (2200 GMT on Thursday) in the latest attempt to end nearly six years of bloodshed. Russian President Vladimir Putin, a key ally of Syrian President Bashar al-Assad, announced the ceasefire on Thursday after forging […]
The two-state solution would establish an independent Palestinian state alongside Israel — two states for two peoples. In theory, this would win Israel security and allow it to retain a Jewish demographic majority (letting the country remain Jewish and democratic) while granting the Palestinians a state. Continue reading the main story Most governments and world bodies have set achievement of the two-state solution as official policy, including […]
Wall Street’s most important equity barometer is on track for its biggest annual recovery since the beginning of the bull market, underscoring the sharp turn in investor sentiment following the worst start to a year on record. The S&P 500 index is poised for an 11 per cent gain in 2016, shaking off a brutal start that at its lowest point in February left it down 10.5 […]
By Dustin Volz | WASHINGTON WASHINGTON The FBI squarely blamed Russian intelligence services on Thursday for meddling in the 2016 U.S. presidential election, releasing the most definitive report yet on the issue, including samples of malicious computer code said to have been used in a broad hacking campaign. Starting in mid-2015, Russia’s foreign intelligence agency, the FSB, emailed a malicious link to more than 1,000 recipients, including […]
This year, I visited six newsrooms. Some had low-ceilinged cubicle mazes with coffee-stained carpets and newsprint towers. Some had quote-covered glass meeting spaces and slick, quiet rooms. At all of them, I found local legacy newsrooms, or “old media” as they’re often called, doing the work of digital journalism. In one case, the print product was an afterthought. In another, it had been rethought. At all of […]
A week ahead of the Consumer Electronics Show, LG has already jumped the gun with the announcement of its Tone Studio, a vibrating plastic neckband that outputs surround sound toward the wearer’s ears. LG Tone Studio The idea with LG’s Tone Studio is that the band snakes around the individual’s neck, instead of being traditional headphones or wireless earbuds. Embedded speakers flank the Tone Studio’s band, offering what […]
In this Thursday, Dec. 22, 2016, photo, Emerson Hill, 6, plays with Pepper the robot at Westfield Mall in San Francisco. While merrily chirping, dancing and posing for selfies, Pepper looks like another expensive toy in the San Francisco mall where it will be entertaining shoppers through mid-February. But it would be a mistake to dismiss Pepper as mere child’s play, even though kids flock around the […]
With the US Federal Reserve raising interest rates, and President Mario Draghi of the European Central Bank seemingly unable to escape his addiction to quantitative easing policy, many investors are questioning who wants to buy the euro. The answer is simple. The whole world is eager to buy the euro. The problem in 2017 is more likely to be finding anyone who wants to buy the US […]
“We have seen pro-Israeli presidents all along, and Israel First was the standard policy of the United States of America over the last 50-plus years,” Mr. Abdulla said. “But Trump is going much further than that. It seems he is even more Zionist than the Zionists.” Continue reading the main story Sympathy for the Palestinians has historically been among the few issues that united Arabs across political […]
Russia is set to round off a year of rejuvenated global standing with the distinction of watching its currency stand apart from other major economies and resist US dollar strength. The rouble has been the only major currency to appreciate against the dollar since the end of September and, so far this year, has outperformed rivals, up more than 21 per cent against the dollar to Rbs60.48. […]
The start of a new year is a time when many are angling to follow a healthier path. But aiming towards a 2017 filled with wellbeing and self-care does not have to be an arduous journey. Chiaro Campo, spa manager of the award-winning T Spa at the Grand Hotel Tremezzo on Lake Como, Italy, shares 10 simple steps to promote wellbeing for the next 12 months and […]
How do big data people go about making end-of-year reviews and predictions? Using data is the obvious answer, but there’s a few issues with that approach: there is no synthesis in data alone — you have to find the story behind data, pick an angle and seek meaning. In addition, that approach does not account for subtle hints, industry knowledge, and big ideas. To paraphrase Carl Sagan, […]
BEIJING China has persuaded a fugitive suspected of graft to return home as part of “Operation Skynet” that seeks to capture corrupt officials who flee abroad, the top graft agency said on Thursday. Zhang Jun, the former general manager of Shanghai Sports Investment Management Co Ltd, fled to Australia in 2014 under suspicion of corruption, the Central Commission for Discipline Inspection (CCDI) said in a statement on […]
Photo The body of a 15-year-old girl at a makeshift morgue on Thursday in the rebel-held town of Douma, Syria, on the outskirts of Damascus, after reports of airstrikes. Credit Abd Doumany/Agence France-Presse — Getty Images MOSCOW — The Syrian government and its most important ally, Russia, announced on Thursday that they had reached a cease-fire agreement with Syrian rebels and with Turkey — a potential turning […]
M&A: back with a bang Deal activity was vigorous with much of it concentrated just below the level of the industry’s biggest companies. Nasdaq bought International Securities Exchange for $1.1bn, while CBOE Holdings announced a $3.2bn deal for Bats Global Markets in September. Of most significance, the pending €24bn tie-up between London’s LSE Group and Deutsche Börse, which will create Europe’s largest exchange. As the chart above […]
(Image: file photo) Legacy vendors and the cloud The cloud has devastated revenue, growth and margins of legacy vendors. Any CFO can look online to see what similar capacity, performance, and higher availability costs compared to the huge capital costs of traditional RAID arrays. 2016 saw the world’s largest independent storage company — EMC — bought by Dell, after shopping itself to all the big system vendors. […]
