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Modern smartphones have become increasingly bigger, but a new handset called Jelly comes as the world’s smallest 4G smartphone and runs Android 7 Nougat out of the box. In recent years, there’s been a constant push to make smartphones increasingly larger and some truly blur the line between smartphones and tablets. The tiny new Jelly smartphone, however, is quite the opposite. Unlike large smartphones from the likes of […]

What were you thinking Microsoft? The company’s just-released Surface Laptop is meant to challenge Chromebooks, but at a starting price of $999, who the heck will buy it? It sure won’t be schools, which Chromebook dominates now. Windows 10 S and Surface Laptops are neither Chrome OS or Chromebook killers. They’re another pair of Microsoft mistakes. Sure, there have been premium-priced Chromebooks. I own two of them, […]

The US dollar and Treasury yields held on to their gains after the Federal Reserve said the first-quarter growth slowdown is probably “transitory,” potentially setting the stage for a rate rise this summer. The buck was recently up by 0.4 per cent against the Japanese yen, near the highs of the day. Meanwhile, the euro was off by 0.17 per cent against the greenback, close to session […]

While we doubt anything material will emerge for various obvious reasons, the NY Post reports that the DOJ is probing Goldman Sachs for alleged Treasury auction rigging: the charge is that Goldman, one of the 23 US primary dealers, won almost all Treasury bond auctions from 2007 to about 2011 even after the Treasury department established safeguards to maintain competitiveness. The case is said to center on […]

By Nick Carey and Joseph White | DETROIT DETROIT Automotive supplier Delphi Automotive Plc (DLPH.N) on Wednesday said it plans to spin off operations tied to internal combustion engines and focus on technology for electrically powered and self-driving vehicles, boosting its share price and highlighting the challenges for legacy auto industry players. Vehicles driven by humans and powered with petroleum will dominate roads from Shanghai to San […]

Ecobee unveiled its latest connected thermostat at the Collision conference today. Far and away the most interesting bit is its inclusion of a microphone that utilizes Amazon’s far-field voice recognition to deliver Alexa functionality. And if that weren’t enough Alexa in your life, the company will also be building Amazon’s smart assistant directly into smart light switches it has planned for later in the year. The Ecobee4 […]

Londoners of finance, pondering hard-Brexit relocation options, can turn to the quality of life ranking of the world’s top cities provided in Deutsche Bank’s sixth annual survey of global prices. If Wellington, New Zealand, doesn’t offer tantalising opportunities for corporate bond syndicate origination, or outlets for euro swap-clearing back-office expertise, perhaps second-placed Edinburgh is a better option for a post-UK future. Fans of John Irving will be […]

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GENEVA Yemen faces a “famine of Biblical proportions”, veteran aid expert Jan Egeland warned on Wednesday during a visit to the war-battered nation, expressing fury over the failure of the “men with guns and power” to end the crisis. Yemen’s two years of civil war have pitted the Iran-aligned Houthi rebel group against a Saudi-backed coalition, causing economic collapse and severely restricting the food and fuel imports […]

Saudi Arabia said Tuesday that it will issue a quarterly budget progress report for the first time as part of efforts to boost transparency while diversifying its oil-dependent economy. The world’s biggest oil exporter is wooing investors as it tries to reduce budget deficits caused by a collapse in energy revenues. “We will for the first time in Saudi announce, possibly in a couple of weeks or […]

News from the FT that the UK may face an initial Brexit bill of up to €100bn has dented sterling this morning. The currency fell by 0.2 per cent against the dollar to $1.29, nibbling into some of its eye-catching recent gains before recovering slightly. Against the euro, the pound is also down by 0.14 per cent to €1.1823. Broadly, the path for sterling since the general […]

By Karolin Schaps | LONDON LONDON Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much higher-than-expected fall in U.S. crude stocks, reviving bullish sentiment about easing oversupply. Benchmark Brent crude LCOc1 was up 37 cents at $50.83 a barrel at 0815 GMT. On Tuesday the futures had settled at their lowest since Nov. 30, when the Organization of the Petroleum Exporting […]

A big part of that is its watering down of the anti-Semitic language of the original Hamas charter in 1988, with its talk of war between Arabs and Jews. “We are making it clear that ours is a liberation project — not about religion or the Jews,” Mr. Meshal said in an interview on Tuesday in Doha, his latest home. Continue reading the main story His offer […]

OPEC and allied oil producers should extend their collective production cuts into the second half of the year when an expected upturn in demand will help to re-balance the crude market, UAE Energy Minister Suhail Al Mazrouei said. All countries participating in the cuts must agree to any extension, he said Tuesday in the UAE capital Abu Dhabi. The Organization of Petroleum Exporting Countries and other major […]

03 May 2017 Reaching a new milestone, Fine Hygienic Holding (FHH), one of the world’s leading manufacturers of hygienic products, recently launched the “New and Improved” Fine Baby® Diaper, which has been enhanced with maximum absorbency and is now offered in an affordable mega size pack. The launch of the new diaper comes shortly after the product received the prestigious endorsement of the Medical Wellness Association, which […]

Elsewhere on Wednesday, – TFW you have become verb used to specify there should be no lying in this particular bond quoting: Shortly after his indictment in 2013, Mr. Peters engaged in a chat session with a potential buyer about the price that would be offered for mortgage securities. The customer wrote, “Ok don’t litvak me! Go ahead with that bid.” – Guardian longread on where oil […]

As the United States adapts to the presidency of Donald Trump and faces rising tensions abroad, Berkshire Hathaway Inc shareholders will descend on Omaha, Nebraska this weekend seeking reassurance, from Warren Buffett. The weekend known as “Woodstock for Capitalists” is unique in corporate America, a celebration of the billionaire’s image and success at a conglomerate whose businesses range from Geico insurance to the BNSF railroad to See’s […]

The OnePlus 5 is among the most hotly anticipated smartphones of this year and the company’s CEO just posted the first teaser, touting a “big surprise.” With the LG G6 and the Samsung Galaxy S8 out of the bag, one of the most rumored smartphones yet to debut is the OnePlus 5, which is expected to hit the scene sometime in the second half of this year. OnePlus […]

Oman Air plans to move ahead with a multi-billion dollar order for wide-body jets early next year even though it won’t now break even in 2017 as the low oil price curbs growth in the Gulf. The carrier is now aiming to end losses by the end of next year, contingent on demand not deteriorating further, Chief Executive Officer Paul Gregorowitsch said in an interview on Tuesday. […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks followed global indexes higher on Wednesday, as strong earnings and manufacturing data boosted risk appetite, while expectations that the Federal Reserve will signal a June rate increase later in the session lifted the dollar. Oil prices pulled higher after a sharp fall on Tuesday on technical selling in a market already worried about oversupply and following a rise in […]

Apple’s plan to push iPhone sales into positive territory for 2017 has stalled, with sales taking a surprise dip. Must read: iPhone 8: Here’s what we think we know about Apple’s 10th-anniversary iPhone iPhone sales of 50.8 million means a 1 percent unit drop year-on-year, and a whopping 35 percent drop compared to the previous quarter. That sounds pretty bad, but as I pointed out earlier this […]

Shares in Advanced Micro Devices logged their biggest one-day drop in more than 10 years on Tuesday after the chipmaker posted downbeat first-quarter sales and received an analyst downgrade. AMD was the biggest decliner on the S&P 500, falling 24.4 per cent to $10.30 after the company said net revenues rose 18 per cent from a year ago to $984m but was shy of analysts’ estimates of […]

By Anya George Tharakan and Stephen Nellis Apple Inc (AAPL.O) reported a surprise fall in iPhone sales for its second quarter on Tuesday, indicating that customers may have held back purchases in anticipation of the 10th-anniversary edition of the company’s most important product later this year. Shares of the world’s most valuable listed company were down 2.1 percent at $144.37 in after-hours trading. Under pressure from shareholders […]

Credit: Microsoft Microsoft on Tuesday unveiled a Surface laptop and streamlined operating software in a move aimed at regaining ground in classrooms, where Google Chromebooks have taken hold. Surface Laptop powered by a Windows 10 S operating system were shown off at an education-focused Microsoft event in New York City, and will hit the market next month in an array of countries with the hardware starting at […]

By Brian Ellsworth | CARACAS CARACAS Venezuelan President Nicolas Maduro shocked many of his countrymen on Monday by calling for a constitutional assembly in a move similar to one his predecessor and mentor Hugo Chavez used almost 20 years ago. But there is a key difference: while Chavez enjoyed broad popularity following his 1998 election, Maduro faces slim odds at the ballot box and critics say he […]

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