By Michel Rose and Sudip Kar-Gupta | PARIS PARIS Former French Prime Minister Manuel Valls said on Wednesday he would vote for Emmanuel Macron in the presidential election, the biggest Socialist Party name to date to turn his back on its official candidate and support the centrist instead. While it was not clear if the defection would benefit poll favourite Macron, who politely thanked Valls, it prompted […]
Bloomberg suffered its second-ever drop in the number of ubiquitous terminals dotting global trading desks as it fell victim to cost cutting by the finance industry. The number of Bloomberg’s distinctive black terminals, used daily by bankers, traders and money managers, fell by 3,145 last year to just under 324,500, down nearly 1 per cent from 2015, according to a report on Tuesday from Burton-Taylor International, one […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
After nine months’ gestation, the Brexit process has started. Both sides of the referendum have political points; Brexiters can say the UK economy is growing and there has been no market implosion, while Remainers can say UK assets have drastically underperformed the rest of the world, and the costs of the historic sterling devaluation are yet to be counted. Now, it is time to work out what […]
McCaskill’s letters to Purdue Pharma, Johnson & Johnson’s Janssen Pharmaceuticals, Insys Therapeutics, Mylan and Depomed specifically ask for information about any payments the companies made to 17 third-party advocacy groups — including the Pain Care Forum, a little-known but powerful coalition of drug companies and nonprofit groups highlighted in the Politics of Pain series. At least 13 of the other advocacy groups mentioned in her letters have belonged […]
Chinese social media company Tencent has purchased a 5 percent stake in Tesla for $1.78 billion, providing a boost to the company as it prepares for the launch of the Model 3 mass-market electric vehicle. The shares of Tesla increased by 2.7 percent to $277.45 upon the announcement of Tencent’s investment, with the company now close to overthrowing Ford as the second most valuable automobile company in the […]
HE Khalifa Al Mansouri, Undersecretary of the Abu Dhabi Department of Economic Development, delivers welcome note on day one of the Global Manufacturing and Industrialisation Summit Global Manufacturing and Industrialisation Summit held at the Paris-Sorbonne in Abu Dhabi from March 27-30, 2017 Abu Dhabi, UAE, March 28, 2017 HE Khalifa bin Salem Al Mansouri, Undersecretary of the Abu Dhabi Department of Economic Development (ADDED), said that […]
Wednesday 04:40 GMT Overview Asian markets were mixed, with energy stocks benefiting from a recovery in crude oil prices, while the UK pound dropped after Prime Minister Theresa May dispatched the letter that will trigger Britain’s exit from the EU. Hot topic The pound weakened 0.3 per cent to $1.2409 in Asia trade, bringing its losses over the past two sessions to 1.2 per cent, in response […]
Even 10 minutes of daily high-intensity physical activity could help some children reduce the risk of developing heart issues and metabolic diseases such as diabetes, according to a new study. The research found that by replacing low-intensity activity with short periods of vigorous exercise could be beneficial for young overweight people who report a higher insulin level in the blood. The international study was carried out by a […]
(Image: C-SPAN broadcast) Rules preventing internet providers from selling personal information, such as customer browsing histories, will be repealed, following a vote in the US House of Representatives this afternoon. The Republican-led House voted 215-203 in favor of repealing the rules, implemented just a few months ago under the previous Obama administration. It follows a similar vote in the Senate last week, which also speedily passed the […]
ABU DHABI // Rising temperatures and an increase in air pollution will put the lives of outdoor workers at risk in the coming years. The UAE Climate Change Risk and Resilience report published by the Emirates Wildlife Society with the WWF, predicted that higher heat and humidity will endanger health and decrease productivity. The report forecast global economic losses through decreased productivity of up to US$2 trillion, […]
General counsel from 185 companies are joining the chorus of voices supporting the Legal Services Corp., a major benefactor of civil legal aid that’s at risk of being completely eliminated under President Donald Trump’s proposed budget. The group of top corporate lawyers, from companies including Google Inc., , and , signed on to a letter delivered to […] (via WSJ)
The triggering this week of Article 50 of the Lisbon treaty to facilitate Britain’s exit from the EU is undoubtedly a momentous event. At issue in the forthcoming talks will be whether Britain can win back control over immigration and lawmaking without wrecking trade relations in its biggest market and damaging London’s status as the pre-eminent international financial centre. A minimum of two years of difficult and […]
Telstra has announced that it will be launching a new suite of managed security services and two new cybersecurity centres in Melbourne and Sydney. According to Neil Campbell, Telstra’s director of Security Solutions, the offerings will be ready for customers by July 19, with the aim to make the cybersecurity challenge easier for organisations to deal with. “We’re taking this opportunity to rethink and reinvent really our […]
New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]
By Daniela Desantis | ASUNCION ASUNCION Security forces surrounded Paraguay’s Congress on Tuesday while lawmakers argued over a possible change in law that would allow President Horacio Cartes to run for re-election, a move that the opposition says would weaken democratic institutions. A bill allowing presidents to run for a second five-year term was defeated in the legislature last year. This week a group of senators asked […]
Tencent Holdings has forked out US$1.78 billion for a 5 percent stake in Tesla, according to a document filed with the US Securities and Exchange Commission (SEC). The announcement came days after the US electric car maker said it was looking to raise funds to scale its business and bring to market its US$35,000-priced Model 3. The company said it expected to secure more than US$1 billion […]
Photo One of Bahman Jalali’s photographs, part of “Iran-Iraq War” (1980-1988), which is among those that won’t be displayed at the Aipad Photography show. Credit Bahman Jalali, courtesy Ag Galerie Tehran When this year’s edition of the Aipad Photography Show opens on Thursday, one of its booths will be empty — a casualty of President Trump’s travel ban. Ag Galerie, which was to have its debut at […]
Elon Musk, pictured in 2015, referenced a new company called Neuralink in a tweet, promising to elaborate in a blog post Tech entrepreneur Elon Musk hinted Tuesday that he is working on a new startup focusing on brain-computer interface, part of his vision to help humans keep up with machines. Musk, the founder of electric carmaker Telsa and exploration firm SpaceX, referenced the new company called Neuralink […]
PARIS Francois Hollande’s election as president in 2012 was supposed to herald a new dawn for French socialism after 17 years of right-wing rule, but by June his party could be struggling to survive. Weeks before the start of an election to pick France’s next president, the ruling bloc is in tatters. Socialist Party (PS) nominee Benoit Hamon is floundering after adopting a hard-left programme that alienated […]
Tesla Motors and SpaceX boss Elon Musk says Neuralink will explore software on implantable devices for the human brain. Image: James Leynse Tesla and SpaceX boss Elon Musk has created another out-there venture called Neuralink, which will develop tech to enhance human brain capacity. Details of Musk’s new medical research company were reported by The Wall Street Journal on Monday. Musk plans to reveal more details in […]
Era defined by seemingly random and unrelated events combining to create new structures Delegates told to ignore traditional bureaucracy and ‘listen to the information flow’ Global Manufacturing and Industrialisation Summit held at the Paris-Sorbonne in Abu Dhabi from March 27-30, 2017 Abu Dhabi, UAE, March 28, 2017 Beth Comstock, Vice Chair, GE, told delegates to the inaugural Global Manufacturing and Industrialisation Summit (GMIS) that we […]
The UAE’s fragile natural habitat and animal life are likely to be put under more strain by climate change, leading to economic losses for the growing tourism sector. The Emirates Wildlife Society and World Wildlife Fund report, UAE Climate Change Risks and Resilience, this week outlined concerns about the effect on coral reefs off the coast. Some effects of climate change can be predicted through research, such […]
Index provider FTSE Russell is to consult with stakeholders about including Snap in its widely followed Russell indices, amid investor worries about lack of shareholder rights at the newly listed messaging app provider. The consultation, to be officially launched in the coming days, is the latest sign of growing interest among “passive” fund managers in the corporate governance of the companies their index-tracking model obliges them to […]
