ICANN became independent on October 1, 2016 after the expiration of an 18-year contract to manage the technical functions of the internet address system which ensure that users arrive at certain websites The internet address system gatekeeper, independent after a split from the US government, is now in a phase where “the grassroots are in charge,” its top executive said Tuesday. Goran Marby, president and chief executive […]
WASHINGTON — The Pentagon on Tuesday blamed “unintentional” human mistakes for the American-led airstrikes in September that killed dozens of Syrian government troops. The attacks were conducted under the “good-faith belief” that the targets were Islamic State militants, according to the official inquiry. The investigation, led by an Air Force general, concluded that the strikes did not violate the law of armed conflict or the rules for […]
UNITED NATIONS The reputation of Aung San Suu Kyi’s government in Myanmar is at stake amid international concerns over how it is dealing with violence in the country’s divided northwest, a senior United Nations official warned on Tuesday. The conflict in Myanmar’s Rakhine State has sent hundreds of Rohingya Muslims fleeing across the border to Bangladesh amid allegations of abuses by security forces. The crisis poses a […]
Tullett Prebon will formally separate the 1,500 voice brokers it is buying from ICAP on January 1, setting what were once two long-time rivals in the over-the-counter markets on radically different paths. Last Thursday Tullett received approval for the deal from German regulators, the final significant hurdle of more than 30 regulatory permissions it needed, according to three people familiar with the process. The sign-off was important as […]
Migrant workers categorize crayons at a toy factory in Dongguan, Guangdong province March 9, 2010. South China’s export stronghold Guangdong is experiencing labour shortages that could result in higher wages, but they are not as severe as reported by the media, provincial Communist Party boss Wang Yang said (Reuters/Joe Tan). Global trade and the supply chains that support it are undergoing a period of profound change. Supply […]
5863 25 by Shannon K. O’Neil November 18, 2016 A police officer from the SWAT team stands guard during an anti-drugs operation in Mandaluyong, Metro Manila in the Philippines, November 12, 2016 (Reuters/Erik De Castro). Philippines’ Duterte Tries to Take Down Critic Philippine President Rodrigo Duterte brooks no dissent. His latest backlash is against one of his most outspoken critics, Senator Leila de Lima. After she opened […]
People have a general idea of how much a rocket-propelled grenade costs. What about a cyber weapon? (Baz Ratner/Reuters), Max Smeets is a D.Phil candidate and research affiliate of the Cyber Studies Programme at the University of Oxford. His work analyzes the proliferation of cyber weapons. Can a non-state actor take down critical infrastructure with a cyberattack? If it is not possible today, will it be possible […]
By Alexander Winning | MOSCOW MOSCOW Russia’s former Economy Minister Alexei Ulyukayev privately argued to colleagues in government that the state should give up control over oil giant Rosneft, before he was arrested two weeks ago in a sting inside the company’s offices, according to two sources. A source familiar with Ulyukayev’s thinking, speaking before Ulyukayev was arrested on bribery charges on Nov. 15, told Reuters that […]
Malwarebytes Ransomware continues to evolve and it is becoming more and more of a challenge for the general public to stay shielded from such threats and security experts to stay on top of the evolving strains of ransomware being found in the wild. It is not just the malicious code itself, however, which is a problem. Now, support scammers are taking tips from ransomware developers to make […]
By Anthony Boadle | BRASILIA BRASILIA Leftist opponents of Brazil’s President Michel Temer sought on Monday to have him investigated and impeached for his alleged role in pressuring a former culture minister to approve a property development. While the impeachment bid is not expected to gain sufficient backing, Brazil’s public prosecutor is already studying whether to investigate the charge by the former minister, Marcelo Calero, that Temer […]
The Trump Tower in New York, which currently serves as Donald Trump‘s residence in New York has just been renamed “Dump Tower” on Google Maps. The tech company has reportedly moved to fix the label immediately last Sunday, so it’s now back to its old label. Dump Tower The renaming is said to have been perpetrated last Nov. 26 around the time someone or the same person […]
By Sue-Lin Wong | DANDONG, China DANDONG, China A labour agent sat in his bus on a recent frigid morning, waiting to cross the “Friendship Bridge” at China’s main border post with North Korea. He had come to pick up migrant workers and take them to jobs in factories and restaurants in China. The single-lane bridge in the border city of Dandong is the main gateway for international trade […]
By Steve Holland and David Brunnstrom | NEW YORK/WASHINGTON NEW YORK/WASHINGTON President-elect Donald Trump on Monday stepped up his search for a new U.S. secretary of state, with the focus on former CIA head David Petraeus, who is a candidate despite admitting he shared classified information with his mistress. The Republican was to meet Petraeus, a retired general, at Trump Tower in Manhattan in a new round […]
|By Arabian Post Staff| Emaar chairman and leading Dubai businessman Mohammed Alabbar followed up the launch of his $1 billion online retailing venture Noon with a joint venture for online luxury sales. Alabbar announced at a press conference in Dubai that the firm Symphony Investments, owned by him, was taking 40 percent stake in the joint venture with Milan-based online retailer Yoox Net-a-Porter to profit from luxury […]
Saudi Arabia has set a high bar for any oil supply deal ahead of Wednesday’s Opec meeting in Vienna, as it attempts to put pressure on regional rivals Iran and Iraq to accept a larger share of output cuts. The oil production cartel is trying to reach an agreement to curb supplies for the first time since the financial crisis and put an end to a two-year […]
Photo Syrians fleeing rebel-held parts of eastern Aleppo moved on Sunday toward an area controlled by Kurdish fighters. Credit Rumaf, via Associated Press BEIRUT, Lebanon — Thousands of people were sent fleeing for their lives on Monday as rebel fighters lost a large stretch of territory in the northern Syrian city of Aleppo to government forces and Kurdish fighters, in what could prove to be a turning […]
DUBAI, June 9 (Reuters) – Dubai Islamic Bank has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on Monday. The largest Islamic bank in the United Arab Emirates has bought 2.42 billion shares in the only listed sharia-compliant bank in the southeast Asian nation, […]
DUBAI, June 9 (Reuters) – Dubai Islamic Bank has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on Monday. The largest Islamic bank in the United Arab Emirates has bought 2.42 billion shares in the only listed sharia-compliant bank in the southeast Asian nation, […]
SEOUL South Korea’s Samsung Electronics Co Ltd (005930.KS) will consider splitting itself into two as proposed by U.S. activist hedge fund Elliott Management, Seoul Economic Daily reported on Monday citing an unnamed source. A split would allow the heirs of the founding Lee family to strengthen their grip on the global smartphone leader, the crown jewel of the Samsung Group business empire. Elliott proposed a split in […]
Volkswagen signed a deal on Sunday to assemble cars in Algeria in a joint venture with its local car importer SOVAC, aiming for a production capacity of more than 100 vehicles per day from June 2017, VW and Algerian officials said. The cars will be assembled at a $170 million plant in the western province of Relizane, Algerian Industry Minister Abdesselam Bouchouareb said at a signing ceremony […]
By Gina Cherelus An Atlanta man shot and killed his brother while on a hunting trip in South Carolina after mistaking him for an animal, media reported. Brian Pickle, 30, and his brother Scott Pickle, also from Atlanta, were with their father in a heavily wooded area, according to the Atlanta Journal Constitution said. Scott’s age was not given. Union County Sheriff David Taylor told the newspaper […]
By Edward Taylor and Jan Schwartz | FRANKFURT/HAMBURG FRANKFURT/HAMBURG Just as Porsche and Audi have fought for supremacy on the race track, the Volkswagen brands are now locked in a cut-throat battle to develop and manufacture the next generation of electric cars at a group embroiled in the “Dieselgate” scandal. Volkswagen Group denies that the kind of internal rivalry that it encouraged at the Le Mans 24 […]
Here are the big questions we are asking at FT Markets into the week when the calendar flips over into December. Will Opec deliver a meaningful production cut? All eyes are on Vienna and Opec’s annual gathering with a keenly awaited decision on production levels. An Opec deal on Wednesday that delivers a concrete supply reduction of at least 1m barrels a day, with non-members such as […]
“We have lost everything, our infrastructure, and we have nothing left to lose,” he said. “Now it is a long war of attrition.” Photo A nonfunctioning cement factory in Amran, Yemen, that was bombed twice by the Saudi-led coalition. Credit Tyler Hicks/The New York Times The Houthis’ control of such key territory has made them essential to international efforts to end the conflict, leaving policy makers and […]
