Members of President Donald Trump’s cabinet have a new catchphrase for how they see the future role of the US: not just “energy-independent”, but “energy-dominant”. As Ryan Zinke, the interior secretary, put it at an industry conference in Houston last week: “Dominance is what America needs.” It would be tempting to dismiss that talk as hype, except that every week the US energy sector is coming up […]
‘Intense’ scents tend to take the notes you loved about the original, and double-down. Paco Rabanne’s Invictus Intense is no different. It shares the same sweet and spicy flavours of the original, but with an added hit of black pepper, orange powder and whisky cream. There’s also a generous helping of amber and woody notes, making this perfect for a night on the town. Source link
By Nichola Saminather | SINGAPORE SINGAPORE Asian stock markets edged down on Tuesday following a flat close on Wall Street, as investors searched for the next catalyst following France’s presidential election, while oil inched higher on expectations OPEC supply cuts will be extended. Financial spreadbetters expect Britain’s FTSE 100 .FTSE, Germany’s DAX .GDAXI and France’s CAC 40 .FCHI to all open flat. The South Korean stock market, […]
Today’s State of Work: At the Breaking Point ServiceNow is rolling out a machine learning engine that’s designed to predict outages, automate routing and workflow, predict outcomes, and benchmark performance. The engine, called the Intelligent Automation Engine, was built with technology from ServiceNow’s DxContinuum acquisition in January. ServiceNow said that it will use the Intelligent Automation Engine across the platform and in cloud services for customer service, […]
Image: Shutterstock / Dan74 By Karissa Bell2017-05-09 00:14:26 UTC Last week, Intel revealed that a serious security flaw in some of its chips left potentially thousands of devices vulnerable to attackers. Then, security researchers revealed the problem was way worse than anyone initially thought as the vulnerability could allow attackers to remotely “hijack” affected machines. It’s still not clear just how many devices are impacted as Intel […]
While the hedge fund world finds itself in a time of crisis, with a “great rotation” of capital away from active management which continues to largely underperform the broader market, and toward cheaper, passive strategies, nothing could spoil the mood at one of the industry’s biggest events held today at the Lincoln Center, the 22nd annual Ira Sohn conference, where a dozen of the hedge fund industry’s […]
Tyson Food, the largest producer of poultry in the US, lagged behind the S&P 500 on Monday after it disclosed that the office of Florida’s attorney-general is investigating potential anti-competitive behaviour in the chicken market. Tyson’s stock price fell 5.7 per cent to $59.70 on Monday morning — its lowest level since December 2016. Guidance for revenue derived from chickens was reduced, hitting Tyson’s stock price, said […]
U.S. broadcaster Sinclair Broadcast Group Inc (SBGI.O) said on Monday it would buy Tribune Media Co (TRCO.N), one of the largest U.S. television station operators, for about $3.9 billion cash and stock, and assume about $2.7 billion in debt. The $43.50 per share offer represents a nearly 8 percent premium to Tribune’s Friday close. Shares of Tribune, which operates 42 television stations in 33 markets, rose 5.2 […]
Warren Buffett said on Monday United Airlines made a “terrible mistake” in handling the fallout of a recent incident when a man was forcibly dragged off a United flight, which drew widespread outrage and sparked Congressional hearings. But the billionaire, whose Berkshire Hathaway Inc (BRKa.N) is the largest investor in the carrier’s parent United Continental Holdings Inc (UAL.N), acknowledged on CNBC television that flying has become less […]
Motorola is reportedly developing a new tablet, its first in over five years. That’s according to Android Police, which was able to obtain a photo of the tablet’s screen in question. The report estimates the tablet might be 9 to 10 inches in size, complete with a “premium look and feel.” Motorola’s Upcoming Tablet Borrows The Yoga Book’s Productivity Mode The photo tells very little other than it’ll […]
Sinclair Broadcast Group, the biggest US local television station owner, has struck an agreement to buy Tribune Media for $43.50 a share, valuing Tribune at about $3.9bn. The transaction is the first big move of an expected consolidation wave in media unleashed by the Federal Communications Commission’s recent decision to effectively loosen a cap on local television station ownership. The rule change has US media companies jostling […]
08 May 2017 Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, signs a US$ 925 million (QR 3.4 billion) structured Shari’a compliant financing facility with Gulf Drilling International Limited QSC (GDI). This new facility will be used to re-organize the company’s debt and further enhance its operational and financial performance. QIB successfully originated, structured and executed the transaction which used an innovative financing structure to meet the […]
By Nigel Stephenson | LONDON LONDON European stocks and the euro pulled back on Monday from highs touched after Emmanuel Macron’s emphatic but well-flagged victory in France’s presidential election as investors’ focus shifted from politics to monetary policy. With the political risks that have dominated European markets in a year packed with elections seen receding, the European Central Bank is expected to have more room to tighten […]
Shipment volumes and market shares for the Chinese market. (Image: IDC) Chinese smartphone maker Huawei has overtaken Oppo as the number one smartphone seller in China for Q1 2017, research firm IDC has revealed. Of the total 103.1 million smartphones shipped to China during the first quarter, Huawei’s shipment volume reached 20.8 million units, a year-over-year increase of 25.5 percent, according to IDC’s Quarterly Mobile Phone Tracker. […]
Akzo Nobel, the Dutch paints and coatings group, is set to reject a €26.9bn takeover offer by its US rival PPG Industries, in a move that will force its suitor to have to choose between making a hostile bid or walking away. Akzo is expected to reveal its rejection as soon as early this week, according to people close to the process. It would come roughly two […]
It’s 6pm. You’ve just finished work. You’re exhausted, hungry and probably even sleepy. Hitting the gym is the last thing on your mind, but you’ve got an expanding waistline and hips that don’t fit in your jeans anymore. How do you get yourself to exercise? Fitness Director at Olympic-standard training center Embody Fitness in Dubai, Rob Richards, has several tricks up his sleeve. He shares motivational […]
Move faster, migrating reindeer!Image: Jeff J Mitchell/Getty Images By Maria Gallucci2017-05-07 18:32:09 UTC The producers of Norway’s smash-hit “Slow TV” genre have captivated audiences with videos of a 134-hour-long cruise voyage and 13 hours of people knitting. But sometimes even Slow TV can be too slow. Norway’s public broadcaster NRK recently suspended a show following the progress of migratory reindeer because the animals stopped moving, The Local […]
Social-media comedy star Lilly Singh is hoping that when she faces an audience in Dubai on Wednesday, there are plenty of grown-ups in the crowd alongside her younger fans. “I want parents to come,” says the 28-year-old Canadian. “I love when parents come to my show and go back to their kids with my stories of how this journey has taught me to always pick myself up, […]
Rights issues conducted by European companies this year have already exceeded the volume seen in the whole of 2016 — driven by a handful of large capital increases from banks seeking to repair their balance sheets. For companies, a rights issue is a means to raise equity funding from existing shareholders by offering them the right to buy more shares at a discount to the market price. […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. The image of power was simple: Jared Kushner and Ivanka Trump walking off Marine One Thursday, hand-in-hand, and boarding Air Force One for a short trek to New York City with Kushner’s father-in-law. Yes, Jared Kushner, trusted power broker, to […]
Invesco’s move to snap up Source, the London-based exchange traded fund provider, has thrust the US asset manager into the centre of an increasingly ferocious battle across Europe’s passive investment industry. European fund managers now face another formidable US competitor in addition to the existing heavyweights BlackRock and Vanguard, which are pursuing a cut-throat ETF price war as they expand their presence in Europe. Atlanta-based Invesco already […]
A corner of Wall Street has been gripped by the unknown identity of a trader that has been buying up Vix call options priced at 50 cents each, swelling to account for nearly 10 per cent of the listed market. The FT has now reported that bankers with knowledge of the trades say the so-called “50 Cent” – a reference to the American rapper known for his […]
Loads of these guys have awesome Instagram accounts.Image: Paul Buck/Epa/REX/Shutterstock By Sam Haysom2017-05-06 08:30:00 UTC Warning: Contains spoilers for all seasons of Game of Thrones. We’ve still got far, far too much time to kill before Game of Thrones Season 7 kicks off, so what better way to fill the gaps between promos than with some good old fashioned Instagram stalking? Gone are the days when an […]
You couldn’t rain on Wall Street’s parade. Despite Friday’s Manhattan downpour, a rebound in oil prices and an upbeat jobs report helped the S&P 500 log a new closing high. The benchmark index rose 0.4 per cent to a fresh high of 2,399.27 and was up 0.6 per cent for the week in its third consecutive weekly rise. The rally was led by the energy sector, which […]
