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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 […]

By Caroline Valetkevitch | NEW YORK NEW YORK Next week’s Federal Reserve meeting and possible signals on the pace of rate hikes for next year could pose the biggest risk yet to the rally the U.S. stock market has seen since last month’s presidential election. While investors have long anticipated the Fed will raise rates at the Dec. 13-14 meeting – in what would be its first […]

DUBAI // Talent should be nurtured and given a greater value than grades achieved in higher education, experts say. “Talent is often overlooked by outdated grading rubrics, innovation pushed aside by memorisation exercises, and students are often not given the time to find out what they truly love to do,” said assistant professor Dr Franziska Apprich, of the Canadian University Dubai. “Not every A-plus student will be […]

Ahead of next week, here are the big questions we are asking at FT Markets What signal will the Federal Reserve send? The last US central bank meeting of the year will unfold on Wednesday with all eyes on officials’ latest assessment of the economy and the press conference of Fed chief Janet Yellen. Plenty has changed since their previous gathering just before the US election. Dollar […]

By Steve Holland | BALTIMORE BALTIMORE U.S. President-elect Donald Trump is expected to name the chief executive of Exxon Mobil Corp as the country’s top diplomat, a source familiar with the situation said on Saturday, an appointment that would put in place an official with close ties to the Russian government. News of Tillerson’s possible appointment comes as U.S. intelligence analysts have concluded that Russia intervened in […]

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Bombs outside Istanbul soccer stadium kill 29, wound 166 – minister | Reuters Top News | Sun Dec 11, 2016 | 7:53am IST ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } ISTANBUL A car bomb followed by a suicide bombing less than a minute later killed 29 people and wounded 166 outside a soccer stadium in Istanbul on Saturday night, Turkish Interior Minister Suleyman Soylu said. All but two of those […]

Photo The Louisville quarterback Lamar Jackson against Kentucky on Nov. 26. He became the first Heisman Trophy winner in school history on Saturday. Credit Andy Lyons/Getty Images Lamar Jackson, Louisville’s sensational sophomore quarterback, became the youngest player to win the Heisman Trophy and the first winner in program history in a landslide vote on Saturday. Jackson, from Pompano Beach, Fla., received 2,144 total votes and 526 first […]

DUBAI // Ten years ago, divers off the UAE coast revelled in regular sightings of many shark ­species. But overfishing and a demanding market in Asia for shark fins have put that number in decline, to the point of extinction in many cases. Conservationists hope they can help to halt that decline with a film festival in Dubai educating people about the important role sharks play. The […]

Donald Trump has picked Andrew Liveris, the chief executive of Dow Chemical, to lead his advisory council on manufacturing, giving him a connection to the new administration at a time when he is trying to secure approvals for a complex $130bn merger with DuPont. Mr Liveris previously served in a similar advisory role for President Barack Obama.  At a rally in an arena in Michigan on Friday […]

Amazon has partnered with Irvine, California-based audio and voice solutions company Conexant Systems to accelerate the adoption of smart home appliances. Conexant It has released an Alexa Voice Service (AVS) approved AudioSmart 2-mic Development Kit designed for smart home applications. Special Feaure The Industry Cloud: Why It’s Next Coud computing has engulfed lots of IT, but one of the untapped regions of the tech and business world […]

Photo Syrian Army soldiers driving past the Arch of Triumph in Palmyra, in the Homs Governorate. Credit Omar Sanadiki/Reuters BEIRUT, Lebanon — Islamic State fighters appeared close to retaking Palmyra, Syria, on Saturday, just nine months after Syrian government forces drove them from the desert city, where they had terrorized residents and blown up irreplaceable ancient monuments. Residents said Islamic State militants were battling soldiers in the […]

VIENNA OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries. With the deal finally signed after almost a year of arguing within the Organization of the Petroleum Exporting Countries and mistrust in the willingness of non-OPEC […]

DP World has said work will start next year to improve facilities for cruise liner tourists docking in Dubai as part of plans to attract 20 million visitors annually by 2020. The operator of Rashid Port said work will start to connect cruise terminal 2 and 3 with a 465-metre bridge while the number of quays will be increased. The company added that the current quays will […]

TUNIS Tunisia’s parliament approved on Saturday a 32.7 billion dinar ($14.1 billion) budget for next year, including deficit cutting measures that had been watered down under pressure from unions. From a total of 217 lawmakers in parliament, 122 voted in favour of the finance bill. Earlier this week parliament struck out two key clauses imposing taxes on lawyers and pharmacists, in a blow to government efforts to raise […]

US biotechnology stocks have surrendered much of the gains accrued in the wake of last month’s presidential election after comments from Donald Trump stoked concerns that the incoming administration will crack down on rising drug prices. The Nasdaq biotechnology index has skidded almost 4 per cent from Tuesday’s closing level after the president-elect told Time Magazine that he does not “like what has happened with drug prices” […]

There is some merit to both rationales, but I’d also like to suggest a third possibility: Navy’s gaming the system. Continue reading the main story For instance, have you ever heard of the Naval Academy Preparatory School, or NAPS as it’s called? In Newport, R.I., close to the Naval War College, NAPS was founded in 1915 as a place where enlisted men with officer potential could get […]

By Antonella Cinelli and Isla Binnie | ROME ROME Political parties made their cases to Italy’s president on Saturday for ways out of a government crisis prompted by Matteo Renzi’s resignation as prime minister following his defeat in a referendum on constitutional reform. Renzi’s Democratic Party (PD) was planning to use a meeting with President Sergio Mattarella later in the day to argue that Foreign Minister Paolo […]

Donald Trump has rejected the assessment of the US intelligence community that alleged hacking by Russia in the months before the election was aimed at helping the property mogul beat his rival Hillary Clinton. “These are the same people that said Saddam Hussein had weapons of mass destruction,” the Trump transition team said after the Washington Post reported that the CIA had concluded that Russia tried to […]

The Associated Press is laying off two-dozen employees in its global news department, the cooperative told Poynter Friday. While AP makes every effort to cut costs elsewhere before affecting jobs, AP is laying off 25 staffers in the global News department this week. Like so many media companies, especially in the news business, AP must reduce expenses in order to continue to provide its objective, indispensable news […]

ANKARA Turkey’s ruling AK Party on Saturday submitted to parliament a package of constitutional reform proposals that would expand the president’s powers, party officials said, in a move that could potentially see President Tayyip Erdogan govern until 2029. The package would also bring structural changes to Turkey’s security and judiciary, implementing criminal liability for the president, who previously was immune from all crimes except treason. The AKP, […]

For a quick study in market blindness, look at how an obscure US fund reacts to events in a country where markets do not even exist. Nearly two years ago US president Barack Obama and Cuban president Raúl Castro jointly announced their intent to rejuvenate the diplomatic and commercial relationship between their two countries. Until that day, the Cuba closed-end fund had historically traded beneath its net […]

Photo President Recep Tayyip Erdogan of Turkey visiting the mausoleum of an Islamic scholar in Samarkand, Uzbekistan, last month. Credit Pool photo by Kayhan Ozer, via Associated Press ISTANBUL — Almost a century after the disintegration of the Ottoman Empire, Turkey’s president, Recep Tayyip Erdogan, and his supporters believe that they can restore the empire’s former glory. Stroll through the streets of any Turkish city and you […]

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