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BEIJING Chinese state media on Friday expressed alarm and warned of a “showdown with the U.S.” after President-elect Donald Trump named Peter Navarro, an economist who has urged a hard line against China, to head a new White House National Trade Council. Navarro is an academic and one-time investment adviser who has authored books such as “Death by China: How America Lost its Manufacturing Base”. The book […]

Europe’s Airbus signed a firm contract on Thursday to sell 100 jets to IranAir, completing a return by Western plane giants and paving the way for deliveries to start next month, a year after sanctions against Iran were lifted. The deal took weeks of shuttling between Airbus headquarters in Toulouse, France, and Tehran, complicated by a shortage of expert legal advice as Iran completes its biggest commercial […]

NEW YORK A New Jersey man groped a woman during a transcontinental flight and then apologised in a pair of notes in which he acknowledged his actions were “stupid,” U.S. authorities said on Thursday. Ganesh Parkar, 40, of Windsor appeared in federal court in Newark, New Jersey, on Thursday to face a charge of abusive sexual contact, one day after the overnight Air India flight from Mumbai […]

DUBAI // Dubai has topped the rankings as the most expensive city to see in the new year for the second year in a row. According to the annual survey of seven of the most popular cities by the currency exchange firm Travelex, celebrating New Year’s Eve in the city costs Dh2,240 per person on average. New York ranked second at Dh1,850, followed by London at Dh1,435, […]

Mr. Trump, who last week nominated as ambassador to Israel a bankruptcy lawyer who heads a fund-raising effort for a West Bank settlement, made clear on Thursday that he would not wait for his inauguration to weigh in. In a statement, he said bluntly that the resolution should be vetoed. Continue reading the main story “As the United States has long maintained, peace between the Israelis and […]

US trade policies under Donald Trump will be key to agricultural commodities next year, as the world continues to grapple with high levels of grain production and inventories, according to a leading forecaster. “The area of concern is whether anything is going to happen that is going to affect our trade with China, which is a big agricultural buyer,” said Don Riffe, senior vice-president for agribusiness intelligence […]

Sales of a new Dubai real estate project, which will feature an amphitheatre and a gourmet market, will be launched in early 2017, it has been announced. T.ZED Architects have been appointed as the design leads for Canvas, KOA’s first mixed-use development which is scheduled to be completed by the end of next year. Canvas will include 70 apartments and will also feature a co-working space, a […]

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SEOUL American soft rock singer Richard Marx helped subdue a “chaotic” and “dangerous” passenger who launched a lengthy, violent scuffle on board a Korean Air flight from Vietnam to South Korea, the singer said on his Twitter account. Marx, along with fellow passengers and cabin crew, tried to restrain the unruly traveler with rope on the Tuesday flight, he said. “Passenger next to us attacked passengers and […]

By Amy Tennery | NEW YORK NEW YORK A JetBlue airline passenger, who media outlets and a witness described as making angry remarks at the sight of Ivanka Trump on his flight, was removed from the plane on Thursday by the airline. JetBlue Airways Corp (JBLU.O) confirmed in a statement that a passenger had been removed from a flight set to depart from New York’s John F. […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. The economy, however, remains on solid footing as other data on Thursday showed new orders for capital goods rising last month amid demand for machinery, indicating […]

In the wake of reports that Fitbit has dominated the wearables segment and with its acquisition of Pebble, it would seem that the picture for the wearable industry is all rosy. A new report, however, shows that it is not the case. Wearables’ Negative Outlook Research firm eMarketer has downgraded its outlook on the wearable devices market. It estimates a 24.7 percent growth this year for an industry […]

The seizure of all of Aleppo by Mr. Assad and his allies signals a turning point in the nearly six-year conflict. Continue reading the main story Mr. Assad’s army relied heavily on foreign military support from Russia, Iran and Shiite militias like Lebanon’s Hezbollah to surround the rebel-held area. Months of shelling and airstrikes that killed hundreds of people and reduced entire neighborhoods to rubble finally routed […]

Hygge, the Danish art of cosiness that has become Europe’s latest lifestyle trend, is boosting demand for spices such as cinnamon, cardamom and vanilla. Growing popularity of the Nordic art of living, which encapsulates all things cosy from cashmere to candles, has coincided with soaring global demand for spices due to unusual weather conditions in the main growing regions. Alongside a growing appetite for spice-laden Scandinavian cakes […]

Submitted by Simon Black via SovereignMan.com, In the late 1400s, the city-states of Italy were among most dominant powers in the world. Most of the city-states had abandoned the feudal system that persisted across Europe. So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and become wealthy. People could start businesses and own private property– revolutionary […]

By Ellen Francis and Stephanie Nebehay | BEIRUT/GENEVA BEIRUT/GENEVA The Syrian army said on Thursday that it had retaken complete control of Aleppo after the last rebel fighters were evacuated from the city, handing President Bashar al-Assad his biggest victory of the war. The army said it had brought “security and safety” to Aleppo, ending four years of rebel resistance in parts of the northern Syrian city. […]

Sombero (center) with his lawyer and a paper bag full of money Alleged illegal gambling middleman Wenceslao Sombero Jr. has turned over to the Office of the Ombudsman his purported P2-million share of the P50 million supposedly extorted from gambling tycoon Jack Lam by two former immigration officials. Sombero surrendered the plastic-wrapped cash on Thursday afternoon as part of his evidence in the graft case he filed […]

Output at Libya’s Sharara oilfield reached 58,000 barrels on the first day of reopening after the lifting of a two-year blockade, the National Oil Corporation (NOC) said in a statement on Wednesday. “The NOC gave instructions to operating companies to restart production from the fields and to carry out necessary works, testing and maintenance. Production at Sharara reached 58,000 on the first day,” the statement said. The […]

As Uber Technologies Inc. battles to conquer India’s ride-sharing market, it is aiming to add a million new drivers to its platform, as detailed Thursday in a Wall Street Journal article. The ridesharing industry in the South Asian nation is already worth over a billion dollars a year between Uber and its main rival, Ola, and that figure could more than double in the next three years, according […]

We’ve seen the iPhone 7 and the Google Pixel, and yes, both devices are some of the best smartphones of 2016. They will likely still be some of the best throughout 2017. The thing is, one device is better than the other. In our mind, the better one is the iPhone 7. There are many reasons to love the Google Pixel. It has a good design, and […]

It began on September 24, with a three-word plea: “I need peace.” That day, 18 more tweets were sent from a newly opened Twitter account attributed to Bana Alabed, a seven-year-old girl trapped with her family in eastern Aleppo. Within days, the mainstream western media was carrying stories about “the little girl who shames world over Aleppo”, as the UK’s Daily Mail headlined a front-page picture of […]

According to the Facebook page, Mrs. Elyakim was originally from Haifa, attended Galilee High School in Tiberias and studied at Ohalo College, which trains teachers. In August 2009, she posted a series of pictures from Berlin, including shots of the Brandenburg Gate, the Reichstag, remnants of the Berlin Wall and an old Allied checkpoint, although those images evidently came from a previous winter, since some included Christmas […]

The stock market is an odd place. Red Hat, the leading Linux company, saw its third quarter of fiscal year 2017 grow by 18 percent year over year to $615 million. Up. Still, Wall Street had expected Red Hat to make $618.5 million — and the market immediately punished it with a 13.9-percent stock price drop. Red Hat headquarters presides over Linux’s first $2 billion company. I’ll […]

Uber wants to attract a million drivers in India over the next two years, a challenge in a country where many people are unfamiliar with smartphones or GPS. A Wall Street Journal article today explains how the company aims to reach its goal. Click above to watch one driver describe his Uber training. (via WSJ)

By Claire Milhench | LONDON LONDON Global investors’ equity holdings rose to six-month highs in December on bets that U.S. President-elect Donald Trump’s promised fiscal splurge would spur higher growth and inflation, a Reuters monthly poll showed on Thursday. Trump’s plans to cut taxes and boost spending have sent Wall Street .DJI .IXIC to record highs in December as investors pile into everything from banks, to energy […]

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