Photo An Egyptian street vendor in Cairo on Friday. The country is struggling with soaring inflation and shortages of staple foods. Credit Amr Nabil/Associated Press CAIRO — The International Monetary Fund approved a $12 billion loan for Egypt on Friday, in a move intended to stave off economic collapse in the Arab world’s most populous nation as it grapples with a plunging currency, soaring inflation and shortages […]
Friday 19:30 GMT. US and European stocks gave back some of their post-US election gains, the dollar continued to rally and commodity prices were in retreat as participants looked back over a truly remarkable week for global markets. A rapid flight to safety followed the shock news that Donald Trump would be the next president of the US, with S&P 500 futures and Asian stock market indices […]
The post-election rally that has reshaped global financial markets cooled off Friday, at the end of a week in which investors quickly adjusted to a president-elect who has promised to step up government spending and slash business regulation. The S&P 500 dipped 0.1 per cent on Friday in New York, while the Eurofirst 300 fell 0.6 per cent, paring back this week’s gains. The rapid change in […]
The Google Pixel, a device that is being considered as possibly the best Android smartphone to date, has just been hacked by Chinese team in less than 60 seconds. The feat was achieved by white hat hackers from security solutions company Qihoo 360 at PwnFest, a hacking competition held in Seoul, South Korea. The Google Pixel Hack At PwnFest, Qihoo 360 demonstrated an exploit that gave the team […]
Even as global markets churned in the wake of Donald Trump’s stunning election win, the US Federal Reserve appeared to be sticking to its guns on monetary policy on Friday as one of its top officials laid the ground for a second increase in short-term interest rates. Stanley Fischer, vice-chair of the Federal Reserve Board, said in a speech that the case for gradually removing some more […]
NIA to increase aim to increase GREE’s market share to 20 per cent with sales of 175,000 units in the UAE Dubai, United Arab Emirates (November 13, 2016) NIA Limited, a Dubai-based enterprise dealing in Home Appliances and HVAC solutions, has opened a sprawling new headquarters in Jebel Ali Free Zone area. The brand new facility will function as the design, marketing and logistics centre for the […]
newslide Shah Rukh Khan coming to Abu Dhabi to finish Raees filming Shah Rukh Khan is reportedly coming to Abu Dhabi to complete the shooting of his upcoming film Raees. According to The Indian Express, the Bollywood superstar has arranged an “undisclosed” location to finish the film, which is due for release in January. Production of the movie, which also stars Pakistani actress Mahira Khan, was affected […]
Round 3 brought more of the same, though the champion’s leg kicks seemed to be landing with more of a snap. Continue reading the main story As a championship fight, this bout was scheduled for five rounds, rather than three. And the crowd finally had something to cheer about in Round 4, when Kowalkiewicz stung Jedrzejczyk with a punch and put her on the back foot for […]
GREENSBORO, United States Honda Motor Co (7267.T) expects to ramp up production of business jets as part of its plan to expand in the growing industry, the head of the Japanese automaker’s aircraft operations said in the United States. The firm hoped to produce 80 business jets annually by March 2019, from up to 36 currently, Honda Aircraft Company CEO Michimasa Fujino told reporters at its plant […]
The Apple AirPods release date may not be as close as some would hope, as analysts believe the wireless earphones may not hit the market this year after all. Apple was supposed to launch its AirPods in October, but said it needed more time to perfect the product before bringing it to market. The company did not specify just how much more time it needed to smoothen things […]
Britain’s Brexiters have seized on the election of Donald Trump, arguing that it offers the chance to strengthen ties with the US, in an echo of the partnership forged decades ago between Ronald Reagan and Margaret Thatcher. Boris Johnson, the foreign secretary, has depicted Mr Trump’s victory as “a great opportunity”, emphasised the possibility of a post-Brexit trade deal, and called for Europe to snap out of […]
BERLIN A U.S. government regulator has started investigating Volkswagen’s (VOWG_p.DE) Audi brand over a reported discovery of a new cheat software device at the luxury carmaker, Bild am Sonntag reported, without citing the source of the information. The German weekly paper said a week ago that the California Air Resources Board (CARB) had this summer discovered cheating software in an automatic transmission Audi which is unrelated to […]
DUBAI // Few sports can match the calorie-burning potential of squash, and coaches in Dubai are making it more accessible to children to help defeat the nation’s obesity problem. Coaches are being brought in by Dubai’s Elite Squash to lead lessons in schools and encourage more young people to take up the sport. As well as coaching clinics, Neil Young has started a squash programme with the […]
SAO PAULO The Brazilian unit of Ford Motor Co (F.N) plans to resume 24-hour production at its Camaçari, Bahia, plant, in a sign of optimism with Brazil’s economic recovery, O Estado de S. Paulo newspaper said on Saturday. About 400 workers who have been suspended since March, when Ford paralyzed the unit’s third shift, will return to the production lines, Estado said. Lyle Watters, Ford’s chief executive […]
Splash has long been viewed as a useless move in the Pokémon universe, and for good reason. When Splash is used, absolutely nothing happens — the move does not deal any damage, nor does it cause any status effects. However, that is seemingly going to change for Pokémon Sun and Pokémon Moon, with Splash to become possibly one of the best moves in the games. Understanding Z-Moves In Pokémon […]
Photo A member of the Syrian Democratic Forces, a United States-backed Kurdish-Arab alliance, inside Syria. Credit Delil Souleiman/Agence France-Presse — Getty Images WASHINGTON — President-elect Donald J. Trump said Friday that he was likely to abandon the American effort to support “moderate” opposition groups in Syria who are battling the government of President Bashar al-Assad, saying “we have no idea who these people are.” In an interview […]
Photo United States goalkeeper Brad Guzan (12) could not stop a header by Mexico’s Rafael Márquez in the 89th minute of a World Cup qualifier in Columbus, Ohio. Credit Jamie Sabau/Getty Images COLUMBUS, Ohio — For years, the score was so ingrained it became a mantra. A rallying cry. A marketing device, even. Four straight times, the United States men’s soccer team faced Mexico in a home […]
Before he was elected to be the next US president, Donald Trump had garnered the support of just one prominent billionaire in Silicon Valley: billionaire Peter Thiel, founder of PayPal and Facebook board member. The US technology industry had been shocked that one veteran from the Valley, which prides itself on liberal values, had supported, funded and even spoken for Mr Trump at his convention — and […]
DUBAI // About 2,300 children from 30 countries – including 900 youngsters from the emirates – took part in a mental arithmetic challenge on Friday at Hamdan Sports Complex in Dubai. The UCMAS International and 13th National Abacus and Mental Arithmetic Competition was the first time the competition was held in the Middle East, demanding all sorts of mental gymnastics from children as young as four. Universal […]
After an election filled with rhetoric about big and brash bankers running amok on Wall Street, Donald Trump has turned to the biggest and the brashest of them all: Jamie Dimon, chairman and chief executive of JPMorgan Chase. The transition team of the president-elect called Mr Dimon on Wednesday night to sound him out about serving as Treasury secretary, according to a Reuters report that the FT […]
What the heck is a Haval? I can already hear you asking the question before I have even begun my spiel. I don’t blame you, because the marque was a mystery to me, too, before testing the H8 Luxury. I had barely laid eyes on a Haval, much less driven one. So let’s establish its credentials before going any further. Haval was created in 2006 as a […]
By Sumanta Dey | BENGALURU BENGALURU After Donald Trump’s unexpected victory in the U.S. presidential election, investors may refocus in the coming week on the health of the world economy and any signs that years of rock-bottom interest rates and fiscal austerity are coming to an end. Trump’s victory poses a major challenge to the conventional wisdom on the global economy, which for years has relied on […]
Saudi Arabia’s government has set aside 100 billion riyals ($26.7 billion) to pay debts that it owes to private sector companies after payment delays that have lasted months, Reuters reported citing an official document. To help curb a huge budget deficit caused by low oil prices, the government of the world’s largest oil exporter has slashed spending and reduced or suspended payments that it owes to construction firms, […]
Donald Trump has appointed Mike Pence, his running mate, to head his transition team as he prepares to start naming people to fill top posts in his administration. Mr Trump also appointed four members of his family, including his daughter Ivanka and her husband Jared Kushner, along with the financiers Anthony Scaramucci and Steven Mnuchin. The team will also include Stephen Bannon, his campaign chief executive, Reince […]
