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Uforce reaches $6 billion valuation with British backing // Wizz Air half-year earnings sink as fuel costs surge // Modi ally flags youth opportunities gap despite growth // LANDMARK Presents ‘Destination CENTRAL’: A District-Wide Celebration Inviting Global Travellers to Explore the Dynamism, Luxury, and Soul of Central // ONYX Hospitality Group Unveils Plans for Amari Samui Resort and Villas, Elevating Its Premium Resort Offering on Koh Samui // Spain housing strike disrupts transport and industry nationwide // Valarmathi restarts fast as teachers defy police // Musk expresses willingness to recruit Nvidia chief Huang // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // December Is the Last Window for $800,000 U.S. Residency Investment // Court reinstates Police association rejig order // New Zealand bond bids reach thirteen-year auction peak // U.S. Democratic Leadership Starts Dialogue With Progressive Bloc For Joint Strategy // Microsoft outage leaves Outlook and Teams users disconnected // DP World transports million containers through UAE corridors // Ladakh Ban On Protests Ahead Of Election Is Uniquely Contentious // Electric and hybrid interest rises at Sharjah car market // Nvidia appoints Colette Kress interim chief after Huang departure // Turkish Airlines adds Chengdu to mainland China services // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners //

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Would you like an always-ready smart speaker with a camera and a microphone in your bedroom? That’s what Amazon’s new Echo Look is all about. The original Amazon Echo was already always-listening so it wouldn’t miss any voice command, but adding a camera too is a whole different matter, especially since the new Echo Look is designed for the bedroom. Amazon Echo Look Purpose First things first: for […]

By James Pomfret, Lawrence White and Sumeet Chatterjee | DONGGUAN, China/LONDON/HONG KONG DONGGUAN, China/LONDON/HONG KONG In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC’s empty branches in the Pearl River Delta (PRD) suggest it’s not all plain sailing for the bank’s expansion in mainland China. HSBC, the world’s sixth-largest bank by assets, announced in 2015 that it would hire […]

By Joseph Nasr | DORTMUND, Germany DORTMUND, Germany For all its economic success, Germany has a growing problem with inequality and poverty, and yet Chancellor Angela Merkel seems to be deflecting the blame so far as the battlelines are drawn for elections in September. GRAPHIC – German income inequality tmsnrt.rs/2p3AtK4 Renowned for its highly-skilled workforce, Germany has in fact a greater proportion of working poor – people […]

Turkish policymakers surprised investors by tightening monetary conditions on Wednesday, helping to support the lira on a day of widespread weakness across emerging market currencies and prompting some to rethink their pessimism towards the country. While the Turkish central bank kept its main interest rates unchanged, it defied expectations by raising the late liquidity lending rate by 50 basis points. Describing the move as “a hawkish surprise”, […]

Thermal image showing thermal runaway of an 18650 cell with an implanted internal short circuiting device. Credit: Donal Finegan (UCL, NASA and NREL) How lithium-ion (Li-ion) batteries behave under short-circuit conditions can now be examined using a new approach developed by a UCL-led team to help improve reliability and safety. The use of high energy density Li-ion batteries is ubiquitous – from powering portable electronics to providing […]

By Phil Stewart and David Brunnstrom | WASHINGTON WASHINGTON The Trump administration said on Wednesday it aimed to push North Korea into dismantling its nuclear and missile programs through tougher international sanctions and diplomatic pressure, and remained open to negotiations to bring this about. The U.S. stance, which appeared to signal a willingness to exhaust non-military options in spite of repeated warnings that “all options are on […]

Netflix saw a flood of demand for a €1.3bn bond sale on Wednesday, as supply-starved junk debt investors put aside concerns around the US streaming service’s substantial cash burn to get a piece of its debut euro deal. The sub investment-grade rated company announced the deal on Monday as a €1bn 10-year bond to help fund its international expansion and planned shift to developing more original content. […]

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PARIS France’s centre-right party, seeking to rebound after the defeat of its presidential candidate, said on Wednesday it could share power with Emmanuel Macron if he is elected, as pollsters predict, on May 7. Macron, a 39-year-old centrist, is tipped to comfortably win a run-off vote against far-right leader Marine Le Pen, but the political movement he created a year ago faces a huge challenge in the […]

ABU DHABI // Labourers working on high-rise buildings in the capital are putting their lives at risk by not using proper safety harnesses. During site visits, inspectors from Abu Dhabi Municipality found men working at height on unfinished floors, temporary platforms, on scaffolding or in cradles used for cleaning windows at towers under construction without safety equipment to prevent them from falling. According to the municipality, 52 […]

Deep Neural Networks are systems that are able to simulate human perception by ‘memorizing’ complex patterns on a mathematical level. One application for this is in the arts, where these systems are used for their creative potential. As DNN’s become more popular, there is the danger of an unchecked proliferation of copyright protections, which risks stifling creativity. In order to prevent this, we should focus on the […]

By Marton Dunai | BUDAPEST BUDAPEST Anti-government protesters have filled Budapest’s streets in recent weeks, but divisions within the opposition and weak support outside the capital mean they are unlikely to herald a serious threat to Prime Minister Viktor Orban in next year’s election. Triggered by a law targeting an international school founded by liberal U.S. financier George Soros, the rallies have galvanised broader public anger against […]

The boss of Etihad Airways, which owns 49 percent of troubled Italian airline Alitalia, said he deeply regretted a decision by Alitalia staff to reject a last-ditch restructuring deal, blocking a recapitalisation and sparking fears that the carrier may be grounded for good. The future of Alitalia was in doubt on Tuesday, with James Hogan, president and CEO of the Etihad Aviation Group and vice chairman of […]

Authored by Gaius Publius via Down With Tyranny blog, “We don’t want a unified Korean peninsula … We [also] don’t want the North Koreans to cause more trouble than the system can absorb.” —Hillary Clinton, 2013, speech to Goldman Sachs Our policy toward North Korea is not what most people think it is. We don’t want the North Koreans to go away. In fact, we like them […]

BEIJING The Chinese government said on Wednesday that a Taiwan rights activist detained on suspicion of endangering national security was in good health, and had reassured his family in a letter. The detention has put a strain on ties between Taiwan and China, which have cooled since Taiwan President Tsai Ing-wen took power last year, because she refuses to concede that the self-ruled island is part of […]

Ontario capital Toronto. The province is hosting the first major universal basic income test in North America in 30 years.Image: carlo allegri/getty images By Patrick Kulp2017-04-26 01:15:48 UTC Thousands of randomly chosen Canadians may soon receive free checks in the mail. The province of Ontario just announced that a major trial run of a universal basic income program could begin as early as this summer. Universal basic […]

Pollution levels are increasing each day with new air and water pollutants being emitted into the environment via automobiles and large scale factories. However, it was thought that at least underground water or groundwater was unaffected. A new study reveals that this may not be the case. Scientists have found a baffling trace of present-day rain water in one particular groundwater reserve. Groundwater Pollution Groundwater contains rainwater and […]

By Andrew Chung | WASHINGTON WASHINGTON The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs’ lawyers who strive to bring cases in courts and locales they consider friendly. The nine justices in two separate cases heard appeals of lower court rulings allowing out-of-state injury lawsuits against drug maker Bristol-Myers Squibb Co(BMY.N) and BNSF Railway […]

Just when US trade partners thought it was safe to come out from their hiding places, along comes President Donald Trump to slap a punitive duty on Canada, America’s long-time ally and neighbour — imposing tariffs of up to 24 per cent on imports on its softwood lumber. The new president seemed to have gone quiet on his protectionist instincts, pulling back from a trade confrontation with […]

Tuesday 12:30 BST What you need to know ● Stock markets extend rally on French election relief● Euro adds to gains as Paris’ bond yields steady ● Havens attract sellers, pushing down gold, the yen and Bund prices● Traders eye Nasdaq 6,000 as company earnings slip into fast gear● Brent crude prices higher as base metals firm——————- Hot topic The relief over the French election, which boosted […]

After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as high as 1.09 this morning before fading some gains; oil is up […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian equities advanced on Tuesday as the return of risk appetite following a centrist victory in the first round of the French presidential election lifted several regional markets to multi-year highs, while the euro retained most of its overnight gains. Safe-haven assets, including the yen and gold remained under pressure, while the Canadian dollar fell after the U.S. announced new duties […]

The Lafarge scandal, as it became known in the French media, stoked ire among critics who accused the company of seeking to improve profitability despite growing danger for its employees. The situation underscores the difficulty of doing business in war-torn regions. The company has argued that its local managers saw little recourse other than paying off armed groups to guarantee the safety of staff members and keep […]

Saudi Arabia is about to cast off its oil-dependence, build brand-new industries and open its economy to foreign investment, according to the government. That might make it a good time to buy into a Saudi bank. And substantial stakes in two of them are up for sale. But in both cases, it’s international lenders who are seeking to get out – and there are no big-name global […]

By Chris Kenning | CHICAGO CHICAGO Barack Obama, making his first major appearance since leaving the White House, made no mention on Monday of his successor, Donald Trump, but urged young people to get more involved in their communities at a time of stark political divides. “What’s been going on since I’ve been gone?” joked the former Democratic president as he moderated an event at the University […]

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Just in:
Nvidia appoints Colette Kress interim chief after Huang departure // How A Newly Elected Democratic Congress Could Reshape US–India Relations? // Forged court directives trigger probe into website blocking // Uforce reaches $6 billion valuation with British backing // Musk expresses willingness to recruit Nvidia chief Huang // Electric and hybrid interest rises at Sharjah car market // High Court orders scrutiny of Thachankary hospitalisation // Microsoft outage leaves Outlook and Teams users disconnected // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Fujairah highway pile-up leaves 14 dead and 30 injured // Valarmathi restarts fast as teachers defy police // MG Motor presents four electrified vehicles at Dubai exhibition // U.S. Democratic Leadership Starts Dialogue With Progressive Bloc For Joint Strategy // New Zealand bond bids reach thirteen-year auction peak // Ladakh Ban On Protests Ahead Of Election Is Uniquely Contentious // Spain housing strike disrupts transport and industry nationwide // Ration dealers seek GPS aided grain deliveries // ONYX Hospitality Group Unveils Plans for Amari Samui Resort and Villas, Elevating Its Premium Resort Offering on Koh Samui // Modi ally flags youth opportunities gap despite growth // December Is the Last Window for $800,000 U.S. Residency Investment //