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Boeing officials, already dismayed by Mr. Trump’s attack last week over the costs of a new Air Force One, acknowledged that the Iran jet deal still faced contingencies — a polite way of saying they were deeply worried about whether Mr. Trump and the Republican-led Congress would support it. Continue reading the main story Beyond that deal, Boeing and other companies that export jet engines, high-tech products […]

First it was the Fed, then the ECB (which last week tapered when it reduced the monthly amount of bond purchases under its QE program). Now attention shifts to the Bank of Japan, because as the WSJ writes, one of central banking’s most aggressive easers – Kuroda’s Bank of Japan – may soon have to think about tightening for the first time since 2007. While it has […]

The first global crude supply pact in 15 years has underlined the growing energy alliance between Saudi Arabia and Russia, as the depth of the two-year oil slump forces co-operation between once unlikely partners. Russia led the main oil producers from outside the Opec cartel, including Mexico and Kazakhstan, in a deal signed this weekend to reduce supply by 568,000 barrels a day — with Moscow, the […]

2016 was a big year for VR (Image: Jake Smith/ZDNet) Virtual reality isn’t some weird concept coming in the distant future. It’s here. It’s been a major year in VR, with many consumer options now on the market from big hardware players in time for Christmas 2016’s shopping rush. We saw the breakout of Facebook, Google, Sony, and others with their first headsets aimed at the masses. […]

It was a wild second half, made even wilder as the Eagles resorted to sideline tryouts for a new longsnapper after a series of injuries. Brent Celek, a tight end, was sent out for one attempt but his snap was fumbled by Donnie Jones resulting in a turnover on downs that Washington converted into a touchdown. Trey Burton, also a tight end, then got a shot and […]

By Caren Bohan | WASHINGTON WASHINGTON U.S. President-elect Donald Trump questioned whether the United States had to be bound by its long-standing position that Taiwan is part of “one China” and brushed aside Beijing’s concerns about his decision to accept a phone call from Taiwan’s president. “I fully understand the ‘one China’ policy, but I don’t know why we have to be bound by a ‘one China’ […]

BISHKEK Kyrgyzstan has voted in favour of constitutional changes boosting the power of its government, the Central Election Commission said on Sunday, citing preliminary results of a national referendum. The commission said that with most ballots counted in the Central Asian nation of six million, about 80 percent of voters had supported the package of constitutional amendments proposed by allies of President Almazbek Atambayev. Voter turnout was […]

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Photo Mayor Nir Barkat of Jerusalem says he is optimistic that when Donald J. Trump is president, he will move the United States Embassy from Tel Aviv to Jerusalem, whose status is contested by Israel and the Palestinians. Credit Associated Press/Tsafrir Abayov The mayor of Jerusalem says that he is optimistic that once Donald J. Trump becomes president, the United States will quickly move its embassy in […]

Luke Hemsworth has just played a prominent part in one of the TV events of the year – Westworld, HBO’s TV adaptation of Michael Crichton’s 1973 ­techno-noir thriller movie. The sci-fi drama is about an amusement park populated by lifelike robots who start to develop consciousness and become self aware. The show takes the basic idea behind Crichton’s film – robots run amok at a theme park […]

11 December 2016 Dubai, UAE, Azizi Developments – a leading UAE-based real estate developer with global reach into international markets – culminated the year with an annual gala event to celebrate the success with its valued real estate agents at Jumeirah Zabeel Saray on December 8th. More than 450 brokers attended the event organised at a panoramic sea view, luxury resort with plush décor and gala arrangement […]

An astounding 60 percent of employees have been given their walking papers at Yik Yak, a chat app particularly popular among college students. The massive layoff saw the 50-strong startup reduced to a motley crew of 20 on Dec. 8. Yik Yak Layoff The recent development has been surprising for tech industry observers because Yik Yak has managed to raise $73.5 million from investors since it began its […]

Photo A nun surveyed the scene after a deadly bombing at St. Mark’s Cathedral in Cairo on Sunday. Credit Amr Abdallah Dalsh/Reuters CAIRO — A bomb ripped through a section reserved for women at Cairo’s main Coptic cathedral during Sunday morning Mass, killing at least 25 people and wounding 49, mostly women and children, Egyptian state media said. The attack was the deadliest against Egypt’s Christian minority […]

MUMBAI Tata Sons on Sunday renewed its appeal to shareholders of Tata group companies to remove Cyrus Mistry from the board of those companies, saying his presence as chairman “is likely to lead to fragmentation of the Tata Group”. In a boardroom coup in October, Mistry was ousted as chairman of Tata Sons, holding firm of the $100 billion Tata empire, but he remains on the board […]

In a move that is certain to infuriate those who see Trump as nothing more than a puppet of the Kremlin, moments ago NBC reported that Rex Tillerson, CEO of Exxon Mobil and late entrant into the SecState race after his first meeting with the president elect this past Tuesday at the Trump Tower, has been picked by Trump to serve as his next Secretary of State. […]

Dylan breaks Nobel prize silence Bob Dylan has expressed awe at receiving the Nobel Prize in literature and thanked the Swedish Academy for including him among the “giants” of writing. Dylan was absent from Saturday’s award ceremony and banquet in Stockholm. But in remarks read by the US ambassador, he alluded to the debate about whether the award should go to a songwriter. Dylan said when Shakespeare […]

Paolo Gentiloni, Italy’s foreign minister, has been chosen to replace Matteo Renzi as prime minister amid signs of a quick solution to the political crisis that has convulsed the eurozone’s third-largest economy during the past week.  After three days of consultations with parliamentary leaders of all stripes, Sergio Mattarella, Italy’s president, on Sunday summoned Mr Gentiloni to the presidential palace in central Rome and asked him to […]

They confided their dilemmas over whether to flee to government-held areas or stay put until the bitter end, a choice that split up many families. They described escalating bombardment and attacks that have killed women and children trying to reach safe ground. They revealed deepening rifts among rebel groups, and between fighters and civilians, over whether and how to surrender. Continue reading the main story Some told […]

Those living in warmer climes will know that colds and flu appear to have little to do with actually being cold. In winter – when temperatures in the UAE are usually pleasant – many people get hit by the flu bug. “The influenza virus survives better in colder and drier climates, and therefore is able to infect more people, especially those who spend more time indoors with […]

ExxonMobil chief executive Rex Tillerson has emerged as the strong favourite to be Donald Trump’s secretary of state, US media reported on Saturday, potentially placing a businessman with global dealmaking experience at the heart of US foreign policy. After a 41-year career at the oil giant, Mr Tillerson has no direct diplomatic background but he has close ties with Russian president Vladimir Putin who awarded him the […]

Dubai Investments, part owned by sovereign wealth fund Investment Corp of Dubai, plans to close a 1.1 billion dirham ($299.52 million) loan by Dec. 31, its chief executive said on Saturday. United Arab Emirates banks First Gulf Bank (FGB) and Abu Dhabi Commercial Bank have been mandated for the loan, Khalid Bin Kalban told reporters in Dubai. The loan will be used to build a residential project […]

It’s happening. After careful analysis of all the media punditry and the ‘leaks’ coming out from the CIA, I can only conclude that there is a concerted effort taking place to invalidate the U.S. elections, in an effort to unseat Donald Trump. Last night the Washington Post reported a leak from inside the CIA, saying they had a report that showed evidence that Russia hacked the elections […]

A team of researchers from the Swiss Federal Institute of Technology, the ETH Zurich, have produced artificial beta cells for the treatment of diabetes. Artificial Beta Cell Production The artificial beta cells produced by ETH Zurich researchers are capable of performing all the functions of typical pancreatic cells. It is noted that the cells have the ability to measure the concentration of glucose in the bloodstream and produce […]

10 December 2016 Dubai, United Arab Emirates: The Dubai Health Authority’s Health Funding Department, has introduced eAuthorization for insurance claims, said a top health official. From January 2017, the health sector will move to an electronic authorization process for insurance claims. The move means that beginning next year insurance claims that need approval will be processed online in real time, making the process quicker and more convenient […]

Photo Alexander Novak, Russia’s energy minister, left, with Khalid Al-Falih, Saudi Arabia’s energy and industry minister, after OPEC members and 12 other countries met in Vienna, Austria, on Saturday. Credit Lisi Niesner/European Pressphoto Agency Russia and other oil producers agreed on Saturday to join OPEC nations in a rare, coordinated reduction in oil output meant to lift petroleum prices and revenues to shore up their sagging government […]

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