The landscape of public transport is changing across the world. Not long ago, the only option for people who did not have their own car was to queue for a paper ticket and squeeze into a sardine-can bus or train. Today, the new normal is to download a ‘smart’ app and book a point-to-point ride for an ever-diminishing cost. Ride-hailing apps such as Uber and Careem are […]
(Image: CBSNews.com) With the Trans-Pacific Partnership (TPP) having been dumped by new United States President Donald Trump on his first week in office, the question remains as to whether the remaining signatories will attempt to push through the deal by themselves or with China’s aid — or whether they will instead use a Chinese-led deal. The TPP, signed by its 12 member states in February 2016, was […]
TOKYO Toshiba Corp’s (6502.T) board on Friday approved plans to make its core chip business a separate company and seek outside investment in it, aiming to avoid being crippled by an upcoming multi-billion dollar writedown for its U.S. nuclear business. Toshiba estimates the value of its chip business – the world’s biggest NAND flash memory producer after Samsung Electronics (005930.KS) – at 1-1.5 trillion yen ($9-13 billion), […]
The directive to identify new ways to hasten the demise of the Islamic State, also known as ISIS and ISIL, has been widely anticipated by military commanders, who have begun drafting classified options to increase the pressure on the militant group, especially in Raqqa and Mosul, the stronghold in Iraq. Continue reading the main story Work on the directive was described by several current and former officials […]
January 26, 2017 by: Adam Samson and Mamta Badkar in New York The Dow Jones industrial and transportation averages on Thursday both closed at new highs in a bullish signal for one of Wall Street’s oldest investment theories. The two US equity benchmarks, which date back to the 19th century, have not recorded highs one after another since December, after which the duo began to diverge as the Trump […]
If only a portion of Saudi Arabia’s National Transformation Programme is implemented, there will be dramatic change, one of the kingdom’s most influential lawyers assures. “If we can cover 50 percent of what is the aspiration in the Vision 2030, the kingdom will be doing much better,” the Saudi country director of international law firm White & Case, Doug Peel, says. “My view is that it’s a […]
Some of hedge fund billionaire George Soros’ short positions dating back to 2012 were published on the Dutch financial market regulator’s website this week due to “human error” according to the regulator AFM, according to Bloomberg. Dutch bank ING is among the positions exposed and its stock price is tumbling… As Bloomberg notes, the short positions, bets on a stock declining, were “between 0.2 percent and 0.5 […]
Dozens of US exporters including GE and Boeing are squaring off against Walmart and other retailers as a radical Republican plan to tax imports divides the giants of corporate America. The rift in the business community threatens President Donald Trump’s pledge to overhaul the tax code for the first time in 30 years by undermining a blueprint that House Republicans are drafting for the White House. The […]
NRL builds on its 2016 accreditation success by being thought leaders at key medical and laboratory events in 2017, including Arab Health and MEDLAB – two of the largest healthcare congresses in the world and a UAE-first event held in collaboration with the Clinical and Laboratories Standards Institute (CLSI) NRL builds on its 2016 accreditation success by being thought leaders at key medical and laboratory events in […]
By John Miller and John Revill | ZURICH ZURICH U.S. healthcare giant Johnson & Johnson (JNJ.N) will acquire Swiss biotech company Actelion (ATLN.S) in a $30 billion all-cash deal that includes spinning off Actelion’s research and development pipeline, the companies said on Thursday. The acquisition gives J&J access to the Swiss group’s line-up of high-price, high-margin medicines for rare diseases, helping it diversify its drug portfolio as […]
Johnson & Johnson is to acquire Swiss biotechnology company Actelion for $30bn in a complex deal that will see Actelion’s founder heading a standalone spin-off research company based and listed in Switzerland. The world’s largest healthcare company is offering Actelion shareholders $280 per share in an all-cash offer — as well as shares in the new research and development company headed by Jean-Paul Clozel, the Swiss group’s […]
Those misfortunes, of course, mean it has also been a rare year of schadenfreude for many outside Duke. Continue reading the main story But perhaps there is something to be said for what Duke offers its fans. At a time when entire segments of the country have retreated into private echo chambers of elation or fear, sports is not a terrible place to try to put oneself […]
Dubai, January 25, 2017 SAMENA Telecommunications Council, the tri-regional, non-profit telecommunications industry association that embodies a community of South Asian, Middle Eastern, and North African telecoms operators, manufacturers, and specialist ICT firms, moderated a regulatory roundtable on spectrum management at the 3rd Annual MENA Spectrum Management Conference held in Dubai on 24 – 25 January. The conference, which was hosted by Telecommunications Regulatory Authority (TRA) in […]
After Trump’s executive order to accelerate the Keystone XL and Dakota Access pipelines, angry environmental groups reacted quickly by denouncing Trump’s actions, and promising legal action and White House protests. “Donald Trump has been in office for four days, and he’s already proving to be the dangerous threat to our climate we feared he would be,” said Michael Brune, the executive director of the Sierra Club. He […]
DUBAI // The emirate’s oldest dog rescue centre is preparing for its annual rush, as the novelty of puppies bought as Christmas gifts begins to wear off and owners realise the work, training and love needed to keep a pet. Each year hundreds of dogs are abandoned in the emirate, with staff at K9 Friends Dubai taking calls daily to look after dogs left by owners who […]
– Top selling agents from more than 39 GCC travel companies hosted from 16-19 January 25 January 2017 Dubai, UAE – This month Dubai welcomed over 50 delegates from across the GCC in two familiarization trips including travel and tourism industry VIPs and representatives. With the GCC contributing 24% of all visitors to Dubai from January – November 2016, it continues to be a key focus for […]
Photo The Golden State Warriors lined up on Monday night during their 105-102 loss to a struggling Miami Heat team. Credit Mike Ehrmann/Getty Images When the Golden State Warriors added the superstar Kevin Durant to the greatest regular-season team in N.B.A. history, the general reaction was that the season was effectively over. Fans, sportswriters and even opposing players began to speculate on how many more titles the […]
Nancy Gibbs, the editor of Time magazine, issued an apology on Tuesday for an error that the Trump administration has repeatedly used to criticize the press in the last week. In doing so, she pushed back against claims from the administration that the magazine made a deliberate error when reporter Zeke Miller incorrectly reported that the White House had removed a bust of civil rights hero Martin […]
Sonos Play 5 Hardware is a tough game. On one hand, device makers have access to far more infrastructure than they did decades ago. This has led to the explosion of companies that have been able to finance — and often deliver — products via crowdfunding platforms such as Kickstarter. On the other hand, the stakes have also been raised in terms of interface experience. And while […]
24 January 2017 Nigeria’s leading transport and logistics experts will gather for the historic maiden edition of Multimodal West Africa 2017 (MMWA) from Tuesday, 14th to Thursday, 16th March 2017 at the Landmark Event Centre, Victoria Island, Lagos. Most of the industry stakeholders are excited about the Exhibition as they believe it will adequately reposition the Transportation and Logistics sector, which used to be noted for its […]
By Luke Baker and Matt Spetalnick | JERUSALEM/WASHINGTON JERUSALEM/WASHINGTON During the presidential campaign, Donald Trump’s team spoke often about moving the U.S. embassy in Israel from Tel Aviv to Jerusalem. But since taking office, the contentious issue has become more nuanced and may already be moving to the backburner. In a statement issued before a first post-inauguration phone call between Trump and Israeli Prime Minister Benjamin Netanyahu […]
Specifications for ZTE’s new Hawkeye smartphone are being reconsidered after the company learned of disappointed backers of the phone’s crowdsourcing campaign, ZTE’s VP Jeff Yee has admitted in the company’s community page. The specs, which were revealed after the launch of the Project CSX campaign, were considered unsatisfactory by consumers who took a leap of faith and backed the Kickstarter campaign for the smartphone early on. Project […]
BERLIN German Chancellor Angela Merkel said on Monday that openness, not populism, polarisation or isolation, was the answer to the world’s challenges of globalisation and digitalisation. “I think that, a quarter of a century after German unification, after the end of the Cold War, a new historical era will perhaps be replaced by another one,” Merkel said in a speech to church leaders in Wuerzburg. Even though […]
Sean Spicer tried to go from combative to cuddly. And he almost made it. In his first actual press briefing, the new press secretary on Monday rebounded from an angry disaster of a monologue late Saturday by cutting a more traditional, measured pose that was still revealing about a new press order at The White House. He dispensed with again throwing down a gauntlet against a press […]
