Oil prices soared 8 per cent to $50 a barrel on Wednesday as Opec agreed to its first supply cut since prices started to plummet two years ago. The meeting is continuing as individual country allocations are hammered out, but sources said the main obstacles to the deal had been overcome. It will see the 13-member group reduce output by about 4.5 per cent, or 1.2m a […]
30 November 2016 Dubai: Emirates NBD, a leading bank in the region, was named ‘Banking and Finance Company of the Year’ at the prestigious Arabian Business Achievement Awards held yesterday (Monday, November 28, 2016). The bank was recognised for its pioneering efforts toward the digitisation of banking as well as its resilient performance in the past year. The Arabian Business Achievement Awards are adjudicated by an independent judging […]
The 2017 Honda CR-V made an appearance in Detroit in October this year. The fifth-gen CR-V comes with a new style and premium interiors. 2017 CR-V Design And Specs The redesigned CR-V has crisper lines at the front. The SUV has a longer wheelbase that accommodates larger wheels. Honda has also added extra ground clearance and overall the car looks more muscular than the previous versions. Honda has […]
Oil prices soared 8.6 per cent to above $50 a barrel on Wednesday after two of Opec’s most powerful members said they were hopeful of reaching the first deal to cut supplies since prices started to plummet two years ago. Khalid al-Falih, Saudi Arabia’s energy minister, said the cartel, which controls about a third of the world’s oil production, was moving “close” to a deal, as he […]
Photo Prince Alwaleed bin Talal in Riyadh, Saudi Arabia, in 2015. In a four-page letter posted on his personal website, the prince argued that “it is high time that Saudi women started driving their cars.” Credit Fayez Nureldine/Agence France-Presse — Getty Images A prominent Saudi prince and business magnate has added his voice to the debate over women’s rights in his country, urging it to abandon its […]
Toyota wants to release a new version of its hydrogen-powered Mirai in time for the 2020 Tokyo Olympics, underscoring its commitment to fuel-cell vehicles despite joining the global market for battery-powered cars. “The 2020 Olympics could be the venue to showcase [the new Mirai] to the world,” Kiyotaka Ise, head of advanced research and development at Toyota, told the Financial Times. The world’s top selling carmaker this […]
Credit: Concordia University In the age of WikiLeaks, Russian hacks and increased government surveillance, many computer users are feeling increasingly worried about how best to protect their personal information—even if they aren’t guarding state secrets. Luckily, there’s a solution: Hypnoguard, powerful new software developed by Concordia University researchers to safeguard data even when computer is in sleep mode. Sweet dreams are made of this “Protecting […]
Toyota Motor Corp. engineer Hisao Yamashige speaks to reporters at the Japanese automaker’s Tokyo office Thursday, Nov. 24, 2016. Toyota says it has developed a new way of observing the movements of tiny particles in a battery used to power electric vehicles—an advance it says will help boost their cruise range by 10 percent to 15 percent. Yamashige explained to reporters the complex method for tracking the […]
5774 25 by Shannon K. O’Neil October 14, 2016 Demonstrators chant slogans while flashing the Oromo protest gesture during Irreecha, the thanksgiving festival of the Oromo people, in Bishoftu town, Oromia region, Ethiopia, October 2, 2016 (Reuters/Tiksa Negeri). Fighting the Worst Kleptocracies Worse than kleptocracies are violent kleptocracies, as defined in a new report by advocacy group The Enough Project. In these, leaders run the state as […]
• Mountain Dew branded ride unveiled at IMG Worlds of Adventure. • PepsiCo announced as preferred beverages partner for the world’s largest indoor theme park in Dubai. UAE, Dubai – November 30, 2016: PepsiCo has unveiled the official grand entrance marquee of the Mountain Dew-sponsored “Predator” ride, at the newly opened IMG Worlds of Adventure. The global food and beverage company has also announced that it will […]
Credit: University of Bristol New technology has been developed that uses nuclear waste to generate electricity in a nuclear-powered battery. A team of physicists and chemists from the University of Bristol have grown a man-made diamond that, when placed in a radioactive field, is able to generate a small electrical current. New technology has been developed that uses nuclear waste to generate electricity in a nuclear-powered battery. […]
Oil prices rose sharply on Wednesday as Opec gathered in Vienna to try and clinch the first supply deal since crude prices plummeted two years ago. Ministers from the 14-member cartel held pre-meeting talks at the Park Hyatt hotel this morning a final attempt to bridge their differences. Iran’s oil minister Bijan Zanganeh said he was “optimistic” when asked by reporters if there would be an agreement […]
Part of the reason for Donald Trump’s triumph in the US election was that, as he would say, his cyber was the strongest. In the first social media election, Trump rallied a world’s worth of hackers and extreme digital natives to his side. If he can keep that anarchic crowd on board, he’ll not only have the world’s best cybersecurity, he’ll have a cyber army. […]
By Jack Kim and Ju-min Park | SEOUL SEOUL South Korean opposition parties vowed on Wednesday to push ahead to try to impeach President Park Geun-hye amid a growing influence-peddling scandal, rejecting her offer to resign, and called on members of her Saenuri Party to join them. In a dramatic move that shifted the burden of resolving the crisis engulfing her presidency, Park asked parliament on Tuesday […]
5791 25 by Shannon K. O’Neil October 21, 2016 Brazil’s President Michel Temer, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Chinese President Xi Jinping and South African President Jacob Zuma pose for a group picture during BRICS (Brazil, Russia, India, China and South Africa) Summit in Benaulim, in the western state of Goa, India, October 16, 2016 (Reuters/Danish Siddiqui). BRICS Fund InfrastructureAs commodity prices have […]
Submitted by Kelli Sladick via Tenth Amendment Center, During the last eight years, the Obama administration failed to live up to its promise reverse the Bush era’s mass surveillance of American citizens. In fact, it was expanded and justified. If you were silent, the sweeping power controlled by the president may not be on your radar for the right reasons. While there is a deep fear resonating, […]
A new report sheds some light on Apple’s plans for its iPad lineup in 2017. The company will supposedly introduce a new 10.9-inch iPad Pro that will lose its Home button, sport an almost bezel-free display and maintain the overall size of that of the 9.7-inch iPad Pro. It’s never too early to begin speculating on some of the new features Apple has in store for its […]
Muscat, November 30, 2016 As part of its on-going support of Small and Medium Enterprises (SME) and in line with the Government’s initiatives to boost the SME sector within the country, Bank Sohar recently participated and sponsored as a bronze sponsor in the fourth edition of the Ebda‘at Omaniya SME Expo; marking its second consecutive year of support for the event. As part of its participation, the […]
Photo Mahmoud Abbas, third from right, the Palestinian Authority president, at a Fatah party conference on Tuesday in Ramallah, West Bank. Credit Presidential Office, via Reuters RAMALLAH, West Bank — Under fire at home and abroad, President Mahmoud Abbas of the Palestinian Authority moved on Tuesday to solidify his decade-long hold on power with a party conference that had already been purged of most of his opponents. […]
In this year’s election, the most powerful news source was Facebook. More than 40 percent of US adults—that’s more than watch any single TV channel—get their news from Facebook, according to Pew, and as plenty of journalists have recounted, the platform is flooded with hyperpartisan fake news. Yet Mark Zuckerberg and Facebook’s leadership refuse to own up to their responsibility for our politics. Zuckerberg argued […]
The most powerful judge Australia is a woman who dropped out of high school. Susan Kiefel in January will become the next chief justice of the High Court of Australia. Her appointment, announced Tuesday by Australian Prime Minister Malcolm Turnbull and Attorney-General George Brandis, marks the first time that a woman will preside over the country’s highest court. Reports the Australian: When the Prime Minister phoned to lock […]
5811 25 by Shannon K. O’Neil October 28, 2016 Brazilian aircraft maker Embraer’s CEO Frederico Curado (R) salutes workers next to an new Embraer E190-E2 during its unveil in Sao Jose dos Campos, Brazil, February 25, 2016. Brazilian planemaker Embraer SA is in early talks with Iran, with a focus on commercial aviation, following the end of international sanctions, Chief Executive Curado told journalists on Thursday (Reuters/Nacho […]
By Takaya Yamaguchi | TOKYO TOKYO Japan’s Fukushima nuclear disaster in 2011 is likely to cost 22.6 trillion yen ($201 billion), slightly more than double a previous estimate, according to a source involved in government discussions on the issue. In 2013, Japan’s industry ministry estimated the disaster would cost about 11 trillion yen ($97.9 billion), including compensation to those forced to flee their homes or who lost […]
Beijing is launching an investigation into alleged corrupt dealings by the spouses and children of officials in the city’s municipal government, in a pointed reminder to more powerful residents of the city to rein in their relatives’ behaviour. An audit of their assets would take place next year and on a rotating basis in subsequent years, the official Xinhua news agency said on Monday night. Like London […]
