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As the UAE continues to evolve, Standard Chartered is at the forefront of innovative financial services. By investing heavily in the digital space, not only does Standard Chartered future-proof investments, but continue to explore new and exciting opportunities, as Julian Wynter, chief executive officer of Standard Chartered UAE, explains. What macro-economic fundamentals make the UAE such a good market for Standard Chartered? For us, the UAE continues […]

Image: WayRay Augmented reality (AR) navigation startup WayRay has raised $18 million in a Series B round led by China’s Alibaba Group. The latest round brings the total amount raised by the Swiss startup to $30 million. WayRay, which develops holographic AR navigational solutions for connected cars, has also entered into a partnership deal with China’s Banma Technologies, an Alibaba and SAIC Motors-backed internet-connected car maker, to […]

Identity management company Okta has officially filed for an initial public offering, seeking to raise $100 million. The tech IPO scene has been rather sluggish in the past several years, but things are expected to pick up in 2017 and the recent Snap IPO breathed some much-needed new life into the space. Many believe that the Snap IPO opened the door to more tech IPOs and they might just […]

MOGADISHU // Pirates have hijacked an oil tanker off the coast of Somalia, officials and a piracy expert said on Tuesday. It is the first hijacking of a large commercial vessel there since 2012. The Aris 13 on Monday reported being approached by two skiffs, said John Steed from the organisation Oceans Beyond Piracy. Mr Steed said eight crew members were aboard the ship, which had been […]

The Bank of England’s new deputy governor, Charlotte Hogg, has resigned after MPs said her professional competence “falls short of the very high standards required”. Ms Hogg has been under pressure since admitting that she had failed for nearly four years to inform the bank that her brother was a senior executive at Barclays, even though she was partly responsible for drawing up the bank’s code of […]

Hackers can exploit the insecurity of IoT devices for the purposes of espionage or DDoS attacks Image: iStock Cyberattacks exploiting the insecurity of the Internet of Things and hackers increasingly attempting to compromise industrial connected devices represent some of the biggest threats to the UK, those responsible for ensuring national security have warned. Citing incidents including the internet crippling Mirai botnet cyberattack and vulnerabilities in a children’s […]

By Karen Freifeld | NEW YORK NEW YORK U.S. Secretary of State Rex Tillerson, the former chairman and chief executive of Exxon Mobil Corp (XOM.N), used an alias email address while at the oil company to send and receive information related to climate change and other matters, according to New York Attorney General Eric Schneiderman. The attorney general’s office said in a letter on Monday that it […]

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Okta, the identity and device management firm based in San Francisco, has filed to go public. According to its S-1 form with the US Securities and Exchange Commission, Okta plans to raise up to $100 million of Class A common stock through an initial public offering and trade on the NASDAQ market under the symbol OKTA. Goldman, Sachs, JP Morgan Securities and Allen & Company are lead […]

Nervousness in the US stock market has climbed to the highest level since the aftermath of the presidential election, even as equities have charted a mostly smooth path to further all-time highs in recent weeks. Credit Suisse’s fear barometer rose at the end of last week to 35.6, an increase of almost 10 points from the previous week and the highest reading since November 9, the day […]

By Suleiman Al-Khalidi | AMMAN AMMAN Aid workers are in a “race against time” to prevent famine threatening millions of people in Yemen, a senior U.N. official said in Monday. “We have about three months of food stored inside the country today,” Ertharin Cousin, executive director of the World Food Programme, told reporters in Amman after a three-day visit to the wartorn country. “We do not have […]

DUBAI // Communicating and engaging with citizens in the UAE is critical to effectively lead the country, according to a former White House press secretary in the Obama administration. Josh Earnest said countries such as the United States and the UAE were committed to appealing to people based on their hopes and aspirations, not their fears or anxieties. “These are characteristics of governments eager to seize opportunities, […]

Now that a little of the hype has disappeared from the release by WikiLeaks of allegedly more than 8,000 internal CIA documents, and the sorts of hacking the American spy agency was up to, what has changed in the world of security? Unlike the Snowden documents, which fundamentally shook the world of many people with and without an interest in the world of cybers, this cache offers […]

12 March 2017 Dubai, United Arab Emirates Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, in collaboration with INTERPOL, today released research on cybercriminal activity in West Africa, “Cybercrime in West Africa: Poised for an Underground Economy,” as part of its ongoing Cybercriminal Underground Economy Series (CUES). Scams targeting individuals and businesses have grown exponentially since 2013. West African cybercriminal activity is […]

This chart shows the fraction of JavaScript library versions with distinct known vulnerabilities, each represented by colors, out of the total library versions in brackets. Image: Northeastern University An analysis of over 133,000 websites has found that 37 percent of them have at least one JavaScript library with a known vulnerability. Researchers from Northeastern University have followed up on research in 2014 that drew attention to potential […]

PolitiFact, the national political fact-checking franchise started by the Poynter-owned Tampa Bay Times, has lost seven of its statewide partners since the presidential campaign. Partners in Providence, Rhode Island, Des Moines, Iowa and Richmond, Virginia all discontinued their PolitiFact franchises within the last year, according to a report from the Duke Reporters’ Lab. E.W. Scripps Television Stations, which operated four statewide PolitiFact affiliates, opted not to renew […]

By Tuvan Gumrukcu and Thomas Escritt | ANKARA/ROTTERDAM ANKARA/ROTTERDAM Turkey told the Netherlands on Sunday that it would retaliate in the “harshest ways” after Turkish ministers were barred from speaking in Rotterdam, as a row over Ankara’s political campaigning among Turkish immigrants escalated. President Tayyip Erdogan labeled the Netherlands a “Nazi remnant” after it became the latest European country worried about political tensions inside Turkey spilling beyond […]

European leaders are preparing for Britain to begin Brexit imminently, amid signs that Theresa May could activate Article 50 divorce proceedings as early as Tuesday. During a summit of the remaining 27 EU members in Brussels on Friday, leaders were told to expect London to trigger exit talks next week and to prepare for a Brussels gathering on April 6 to respond to Britain’s formal letter of […]

PARIS France’s far-left presidential candidate Jean-Luc Melenchon said on Saturday he had secured the 500 endorsements from elected officials needed in order to run in the election. “We have our 500 sponsors!” Melenchon tweeted. The European parliamentarian, whose “Indomitable France” grouping is backed by the country’s Communist party, had reached 432 signed endorsements from lawmakers and mayors on Friday, according to France’s constitutional court. Former Economy Minister […]

By Joel Schectman and Mark Hosenball | WASHINGTON WASHINGTON U.S. Attorney General Jeff Sessions abruptly asked the remaining 46 chief federal prosecutors left over from the Obama administration to resign on Friday, including Manhattan U.S. Attorney Preet Bharara, who had been asked to stay on in November by then President-elect Donald Trump. Although U.S. attorneys are political appointees, and the request from Trump’s Justice Department is part […]

Authored by Mac Slavo via SHTFplan.com, There is an inherent dilemma for most of the people living in cities. Even those who are aware of the extremely fragile fabric of society are often stuck living urban lives. Perhaps they plan to retire to a country abode, or construct a hideaway to escape to if the need ever arises, but for now, they are stuck in the city […]

Given the amount of Panameras you see on the roads here, you have to conclude that Porsche’s luxury family-moving saloon was a sizeable driver in the company’s significant rise in sales in the region last year. How heavily environmental concerns weighed on buyers’ minds while handing over their hard-earned cash – or if anybody at all decided against it in favour of holding out for an all-wheel […]

10 March 2017 MARC has affirmed its ratings of MARC-1/AA on Murud Capital Sdn Bhd’s (Murud Capital) Senior Commercial Papers/Medium-Term Notes Programme (Senior CP/MTN Programme) of up to RM290 million. The outlook on the ratings is stable. Murud Capital currently has an outstanding RM279 million Senior CP under the Senior CP/MTN Programme. Murud Capital is a special purpose vehicle incorporated by MRCB-Quill REIT to set up the […]

Like millions of young readers around the world, Chinese children have grown up with popular titles such as Roald Dahl’s Fantastic Mr Fox and the Harry Potter series. But Beijing is now introducing new measures to restrict access to foreign books and publications as it opens a new front in its battle to limit outside influence on Chinese society. Regulators have given verbal instructions to publishers to […]

Authored by former Ohio State Senator Nina Turner viaThe Hill.com, My grandmother used to say, “You can put truth in the river five days after a lie; truth is gone catch up.” Well, here’s the truth: The working men and women of this country are working more jobs and more hours, and they’re still barely hanging on. Beneath those fingertips, they can feel that middle-class dream – […]

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