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Elliott Management, the activist investment group, has called for the removal of Klaus Kleinfeld as chief executive of Arconic, the specialist metals and components company created last year by the break-up of Alcoa, arguing that “current management’s persistent failure . . . has destroyed considerable shareholder value”. The fund manager, Arconic’s largest shareholder with direct control of 10.5 per cent of the group’s shares, and a further 1.6 per cent through […]

“I remember, when I was a youngster, we used to have to translate Erasmus. He was already travelling as a scholar 500 years ago.” Sir Eric Thomas, the retired vice-chancellor of the University of Bristol, is reminiscing about his Latin A-level classes, in which the journals of the 15th-century Dutch Renaissance scholar featured prominently. “Even all that time ago, the concept of there being an international community […]

|By Tim Plenderleith| Who ever said ‘happily ever after’ was just the stuff of fairytales?   These days those words are written into the soles of Lionel Messi’s cleats. (Or at least, that’s the idea.) The “Sport Infinity” range by sports apparel company Adidas uses worn-out cleats and, by combining them with scrap materials from other industries, reimagines them into high quality new shoes. “The football boots […]

WASHINGTON The United States is “deeply concerned” with the spike in violence in eastern Ukraine, which has caused dozens of Ukrainian military and civilian casualties, the State Department said on Tuesday. “To avert a larger humanitarian crisis, we call for an immediate, sustained ceasefire and full and unfettered access for” monitoring, acting spokesman Mark Toner said in a statement. Ukraine and Russia blamed each other on Tuesday […]

Written by Anees Jillani | Published:February 1, 2017 12:31 am Pakistani Prime Minister Nawaz Sharif (File Photo) Since January 4, a five-member Bench headed by the second seniormost judge of the Supreme Court of Pakistan has been hearing for three hours every day petitions alleging corruption by Prime Minister Nawaz Sharif, filed by the chairman of the Pakistan Tehreek-e-Insaaf (PTI) Imran Khan, and the head of the […]

BD 1.2 million (US$3.2 million) net profit for the three months ending 31 December, 2016 BD 4.3 million 2016 profit as customer base nears one million milestone BD 1.2 million (US$3.2 million) net profit for the three months ending 31 December, 2016 Manama – 31 January, 2016 Zain Bahrain (Ticker: ZAINBH), a telecom innovator focused on enhancing customer experience, reported a 22% surge in its customer […]

SAN FRANCISCO San Francisco filed a lawsuit on Tuesday challenging President Donald Trump’s executive order directing the U.S. government to withhold money from cities that have adopted sanctuary policies toward undocumented immigrants. The lawsuit, filed by San Francisco City Attorney Dennis Herrera, marks the first court challenge over the sanctuary order filed by one of the targeted cities. The lawsuit alleges that the executive order violates the […]

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Apple has reportedly sold more iPhone 7 Plus models than the iPhone 7 during the 2016 December quarter. The company is expected to release its financial results for the fourth quarter soon and analysts estimate that the company has managed to sell 78 million iPhones in the December quarter. This is a 4 percent increase in sales, when compared to the same period in 2015.    The trend is an unusual […]

Photo The Iranian foreign minister, Mohammad Javad Zarif, right, with his French counterpart, Jean-Marc Ayrault, in Tehran on Tuesday. Credit Atta Kenare/Agence France-Presse — Getty Images Already furious over the Trump administration’s visa ban, Iran warned the United States on Tuesday not to escalate tensions over tests of Iranian missiles. The warning, made by Iran’s foreign minister, Mohammad Javad Zarif, came a day after American and Israeli […]

India is looking at a radical idea for reducing poverty: free money for everyone—no strings attached. The Ministry of Finance’s annual survey of the economy, released Tuesday, explores how the country might replace its various welfare programs with a universal basic income, or a uniform stipend paid to every adult and child, poor or rich. Guaranteeing all citizens enough income to cover their basic needs would promote […]

OSLO Oslo’s main trash incinerator has shown promising results in the world’s first experiment to capture greenhouse gases from the fumes of burning rubbish as a new way to slow climate change, officials said on Tuesday. If built at full scale, however, the technology would be a very costly way to limit carbon dioxide emissions as part of an international agreement to curb global warming reached by […]

By Ayesha Rascoe and Amanda Becker | WASHINGTON WASHINGTON President Donald Trump signed an order on Monday that will seek to dramatically reduce federal regulations, but the policy will not apply to most of the financial reform rules introduced by the Obama administration. Trump’s latest executive action will require that agencies cut two existing regulations for every new rule introduced and it will set an annual cap […]

A prestigious association of medical professionals in Great Britain has urged its staff to avoid the use of the term “expectant mother” to avoid offending transgender and intersex patients. Published late last year and found inside a 14-page booklet, the British Medical Association’s guidelines instead recommend the use of “pregnant people.” Inclusive Language The guidance on inclusive language, in the subsection “pregnancy and maternity,” states that gender inequality […]

“It felt like something had been sawed off,” Charger said about her separation from Jasilea. She got so depressed she was moved to a psychiatric unit, where she often got into fights. She aged out of the system at 17, but when she returned to the ranch developments and trailer parks of Eagle Butte, she struggled with depression. She and Jasilea had gone “from knowing everything about […]

Spam emails work, cybercriminals are discovering. Image: iStock In all walks of life, there are those who believe that the old ways are the best. It appears that despite involvement in a technologically advanced, constantly evolving arena, cyberattackers are increasingly turning back to the same tactics which worked for them at the start of the decade. The payloads might have changed, but cybercriminals are turning back to […]

By Manuel Mogato and Martin Petty | MANILA MANILA Philippine President Rodrigo Duterte suggested on Tuesday he may seek military support after withdrawing the national police from his war on drugs and handing the job to a much smaller anti-narcotics agency. More than 7,600 people, mostly users and small-time dealers, have been killed since Duterte took office at the end of June, vowing to crack down on […]

Executives from The New York Times, BuzzFeed and Bloomberg News have responded to Trump’s recent executive order banning immigrants from Muslim-majority countries in the Middle East. The responses range from outright condemnation of President Trump’s ban to reaffirming their commitment to supporting employees regardless of their countries of origin. Jonah Peretti, the CEO of BuzzFeed, sent a letter to employees over the weekend castigating Trump for “let(ing) […]

By Simon Lewis and Shwe Yee Saw Myint | YANGON YANGON The office of Myanmar’s civilian president said on Tuesday that the assassination of a lawyer advising the ruling party on amending a military-drafted constitution was likely an effort to destabilise the country. A lone gunman shot Ko Ni, 63, an adviser to the ruling National League for Democracy, in the head in front of onlookers as […]

By Ginger Gibson and David Shepardson | WASHINGTON WASHINGTON Days before a group of Republican lawmakers were due to discuss their party’s controversial proposal to tax all imports, Toyota Motor Corp (7203.T) sent an urgent message to its U.S. dealers – tell the politicians the tax would seriously hurt car buyers. Some of Toyota’s 1,500 dealers heeded the call and contacted members of the House of Representatives’ […]

From the top left corner, moving clockwise, the four images depict: University at Buffalo students performing an experiment, clean drinking water, water evaporating, and black carbon wrapped around plastic in water with evaporated vapor on top evaporated water. Credit: University at Buffalo. You’ve seen Bear Grylls turn foul water into drinking water with little more than sunlight and plastic. Now, academics have added a third element—carbon-dipped paper—that […]

PUTRAJAYA: The Magistrate’s Court here today allowed an application to extend the remand of two ex-Felda senior officers over an investigation involving abuse of power and misappropriation of funds in Felda’s sturgeon-breeding project. They are 57-year-old Datuk, and a 53-year-old. Magistrate Nik Isfahanie Tasnim Wan Ab Rahman allowed the application by the Malaysian Anti-Corruption Commission (MACC) to extend the remand of the two men for three days […]

Monash University has implemented a multi-petabyte deployment at its eResearch Centre, giving the Melbourne-based advanced computing facility the capacity to store and manage massive workloads of data. The university implemented a software-defined solution that uses Red Hat Ceph Storage on Dell EMC PowerEdge R630 and R730xd rack servers that it expects will accelerate application performance, simplify systems management, and address the university’s growing data storage requirements. The […]

Dogs are man’s best friend. Tweak the adage a bit and you get the findings of a new study: pets are children’s best buds — closer to them than their own brothers and sisters. University of Cambridge researchers examined children’s relationship with their pets and found that they derived more satisfaction from animal companions and got along better with them than with their siblings. These pets may then wield […]

Syrian armed forces appear to have retaken the contested Barada Valley area north of Damascus, the capital’s main source of water, signaling a possible end to a war-induced shortage that has left millions of inhabitants thirsty and dirty for six weeks. Syrian government news media reported on Monday that hundreds of rebel fighters and their families had evacuated the Barada Valley, under an agreement reached on Sunday. […]

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