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By Kentaro Hamada and Taro Fuse | TOKYO TOKYO U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba’s thinking said. Pittsburgh-based Westinghouse, crippled by cost overruns at two U.S. projects in Georgia and South Carolina, will file for protection under Chapter 11 […]

ABU DHABI // With globalisation threatening to erode the national identities of students across the GCC, experts and academics gathered in the capital on Tuesday to discuss how to promote Khaleeji culture and bonds. The two-day Strengthening Gulf Citizenship conference hosted by the Ministry of Education sought to address how technology and communications can be harnessed to promote a shared regional identity among youths, rather than allowing […]

The former chief financial officer of Rupert Murdoch’s Fox News Channel has been offered immunity from prosecution by government lawyers investigating payments to women allegedly harassed by Roger Ailes, the network’s former chairman, according to people briefed on the case. Mark Kranz was CFO of Fox News from 2004 until last year, leaving the channel shortly after Mr Ailes was pushed out by its parent company, 21st […]

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 […]

ANKARA Turkey was warning Europe not to interfere in a referendum next month on changing the constitution and expanding President Tayyip Erdogan’s powers, Prime Minister Binali Yildirim said on Tuesday, adding Europe should “mind its own business”. The issue of the referendum has already badly strained relations between Turkey and several European countries, including Germany and the Netherlands, after they banned Turkish ministers from campaigning in their […]

During the 2016 United States presidential campaign, property tycoon and reality TV personality Donald Trump frequently promised that if he were elected, he would go to Washington and “drain the swamp”, removing career political hacks and bringing in new blood. When he was elected, however, in addition to packing the White House with relatives and controversial figures, he picked a long-time swamp-dweller for one of the most […]

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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 […]

By Isabel Coles | MOSUL, Iraq MOSUL, Iraq Investigators are in the Iraqi city of Mosul to determine whether a U.S.-led coalition strike or Islamic State-rigged explosives caused a huge blast that destroyed buildings and killed more than 200 people, a U.S. military commander said. Conflicting accounts have emerged since the March 17 explosion in al-Jadida district in west Mosul, where Iraqi forces backed by U.S.-led coalition […]

In this Monday, Sept. 12, 2016, photo, a group of self-driving Uber vehicles position themselves to take journalists on rides during a media preview at Uber’s Advanced Technologies Center in Pittsburgh. On Monday, March 27, 2017, Uber said it is resuming its self-driving car program in Arizona and Pittsburgh after it was suspended following a crash over the weekend. The company had also grounded self-driving cars in […]

‘You have here a case where all these are not qualified for the witness protection program but are in conspiracy with De Lima are not named in the information. Would you say that there is a singling out of the accused?’ Associate Justice Marvic Leonen asks Solicitor General Jose Calida Lian Buan Published 5:49 PM, March 28, 2017 Updated 5:54 PM, March 28, 2017 Solicitor General Jose […]

SEOUL The remains of what appears to be at least one unrecovered victim of South Korea’s sunken Sewol ferry were found near the salvaged vessel on Tuesday, an official said, nearly three years after the disaster that killed 304 people. The ferry was structurally unsound, overloaded and travelling too fast on a turn when it capsized and sank during a routine voyage off the southwest coast on […]

Australia has shelved plans to ratify a controversial extradition treaty with Beijing following concerns raised by lawmakers over inadequate protections for human rights and rule of law in China.  The decision to pull the parliamentary vote on Wednesday represents a setback for the Australian government, which had warned in recent days that failing to ratify the treaty could damage Sino-Australian relations.  Barnaby Joyce, Australia’s deputy prime minister, […]

The Victorian government is distributing AU$5 million across 15 telehealth projects to better connect patients in regional and rural areas to medical specialists across the state, Minister for Health Jill Hennessy announced on Tuesday. The projects will allow Alfred Health to provide online video consultations to burns, infectious disease, lung transplant, and HIV patients in regional and rural Victoria. Austin Health’s Victorian Respiratory Support Service and the […]

“The new tax rate will bring Saudi Aramco in line with international benchmarks,” Saudi Aramco’s chief executive officer, Amin H. Nasser, said in a statement. Continue reading the main story The tax cut was announced a couple of months after intensive discussions with international bankers in Riyadh about how the offering should be structured. Bankers and independent specialists said the cut would help increase the cash flow […]

The Australian Federal Court has handed down its decision in Telstra’s proceedings against the Australian Competition and Consumer Commission (ACCC)’s final access determination (FAD) on wholesale copper pricing, with the judgment reaffirming the regulator’s decision. The ACCC’s FAD, published in October last year, cut the prices that the telecommunications giant can charge wholesale customers for use of its legacy copper network during the transition to the NBN […]

Adriaane Pielou Holidaying on horseback is guaranteed to lift the spirits. The exhilaration you feel after spending time in the fresh air afforded by the countryside is enhanced by the fact that you can choose from a range of trips. Despite being a sporty kind of activity, a riding holiday can involve weeks crossing mountains and camping out each night. However, you can also choose undemanding meanders […]

A bystander who touched off a social media furor after she saw United Airlines stop two teenage girls dressed in leggings from boarding a flight admitted on Monday that she did not fully grasp the situation when she started tweeting her indignation. The girls, who were flying standby on Sunday from Denver to Minneapolis using free passes for employees or family members, were told by a gate […]

Last week we noted that Mexico’s Economy Minister, Ildefonso Guajardo, was somewhat less than completely supportive of Trump’s impenetrable, yet “aesthetically pleasing”, 30-foot border wall and issued a stark warning to Mexican companies that it would not be in their best “interests” to participate in the project even though there would be no explicit legal restrictions or sanctions to stop them if they tried.  Per Reuters: “We’re […]

By Noel Randewich and Rishika Sadam Shares of Snap Inc jumped nearly 5 percent on Monday after several of the Snapchat owner’s IPO underwriters handed it badly needed “buy” ratings. Snap’s listing on March 1 was the largest by a technology firm in three years but trading has been volatile, with many investors critical of decelerating user growth. Snap has warned it may never become profitable. Analysts […]

By David Brunnstrom | WASHINGTON WASHINGTON China appears to have largely completed major construction of military infrastructure on artificial islands it has built in the South China Sea and can now deploy combat planes and other military hardware there at any time, a U.S. think tank said on Monday. The Asia Maritime Transparency Initiative (AMTI), part of Washington’s Centre for Strategic and International Studies, said the work […]

MANILA, Philippines — The European Union on Monday summoned a Philippine envoy to explain an expletive-laden tirade by President Rodrigo Duterte, who threatened to hang EU officials for opposing his efforts to re-impose the death penalty. The EU’s external action service, the equivalent of a foreign office, said it hauled Charge d’Affaires Alan Deniega in to its Brussels headquarters to provide “an explanation for the recent, unacceptable comments […]

Workers who participated in a recent survey do not think that their employers offer the right collaboration tools for effective working with remote team members to solve complex business problems. Oblong Industries Over a third of respondents said they were ‘neutral’ about the collaboration at their organisation. Los Angeles based Oblong Industries company conducted live, one-on-one interviews with industry respondents. The survey was executed via iPads through […]

European governments and related organisations have ramped up their sales of new debt this year, in the latest sign of bond markets bracing for rises in interest rates and an increase in political risks. Overall borrowing from eurozone sovereigns, local authorities, agencies and supranationals such as the European Investment Bank is currently at €210bn — the highest year-to-date amount since 2012, Dealogic data show, and the second-highest […]

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