Why Zermatt? You have to have a heart of stone to look at the Matterhorn and not be bewitched by its jagged beauty. It’s not Switzerland’s highest mountain, but it’s certainly the most compelling. It was the notorious 1865 ascent of the Matterhorn that changed the fortunes of Zermatt, which had been a simple farming village at the time. The combination of extraordinary natural beauty, excellent skiing, […]
The number of American companies tapping Europe’s bond markets has fallen this year with rising relative borrowing costs on the continent weakening the case for cross-border debt. An extended rally in European credit has enticed US companies to borrow over €100bn of so-called “reverse Yankee” bonds over the past two years with corporate bond purchases from the European Central Bank driving down yields. But appetite is fading […]
Until Tesla’s UAE launch earlier this week, owning one of the Californian carmaker’s already-iconic cars here seemed little more than a pipe dream for most of us without the means or time to import one – let alone the practicalities of running a fully electric car in a country with limited charging options. Now, however, with the Model S and X open for orders, for delivery in […]
Joo Kim Tiah, the son of one of Malaysia’s wealthiest tycoons, sat on stage in the summer of 2013 as his new business partner announced their plans for a C$360m luxury condominium-hotel project on Vancouver’s most prestigious downtown thoroughfare. With characteristic salesmanship, Donald Trump bragged that the 63-storey glass tower on West Georgia Street would be “one of the great buildings, not only in Canada and the […]
With the Model S and X open for orders, for delivery in the summer, and a nascent network of Tesla-branded charging stations due to become a nationwide by the end of this year, owning one has suddenly a very real prospect. Victor Besa for The National The regenerative braking, which can be set to standard or low, has the triple effect that when you ease off the […]
Harrison Ford has near-miss with passenger liner Harrison Ford has had a close run-in with a passenger airliner at an airport in California in the United States. The actor, 74, was told to land his single-engine plane on a runway at John Wayne Airport in Orange County, Southern California on Monday, but he mistakenly landed it on a parallel taxiway, passing over an American Airlines jet holding. […]
Goldman Sachs shares shattered a 10-year record to reach a fresh closing high on Tuesday, buoyed by hopes that the Trump administration will bring a profit-boosting mix of higher interest rates, lower taxes and lighter regulation. All banks have rallied hard since November 8, when Mr Trump beat Hillary Clinton in the race to the White House. But only a handful have done as well as Goldman, […]
Janet Yellen continues to demonstrate that she is either profoundly ignorant or dishonest. Neither of those are positive qualities for a Fed Chair. Having maintained interest rates at essentially ZERO for seven years during the Obama years, Yellen suddenly believes it would be “unwise” to wait too long to raise rates now. It’s a bizarre claim, particularly when you consider: 1) The US economy is limping along […]
By Shadia Nasralla | VIENNA VIENNA An Austrian opposition lawmaker accused Turkey on Tuesday of operating an informer network via its embassy in Vienna that he said targets critics of President Tayyip Erdogan, promotes his policies and receives payments from Ankara. Peter Pilz, from the Austrian Greens, said he had sent documents to the police detailing the activities of the ATIB, an umbrella organisation headed by the […]
DUBAI // Sustainable travel hit the UAE running on Monday, as US electric car maker Tesla opened for business in Dubai with plans to launch a shop and service centre in Abu Dhabi next year. Chief executive Elon Musk said at the World Government Summit in Dubai that the company planned to invest millions in the UAE on infrastructure including recharging stations. “We expect to invest tens […]
Tesla has launched online sales for its Model S and Model X in the UAE. Californian company’s chief executive Elon Musk was in Dubai launch the dedicated website for UAE customers, where they can visit the online design studio to customise and order the Tesla vehicle. Prices start from $74,800 (AED 275,000) for Model S and $93,600 (AED 344,000) for Model X. First orders of Model S (range […]
The official, who spoke on condition of anonymity because the group had not officially made the change public, said that Mr. Sinwar would appear publicly in the next few days to cement his political ascendance. Continue reading the main story Mr. Sinwar’s rise indicates the growing power of Hamas’s hawkish military wing, according to analysts. Mr. Sinwar is slated to replace Ismail Haniya, a leader associated with […]
Paraphrasing Garrison Keillor, it’s been a quiet week in the Apache Spark community – at least compared to last year, where the definitive Spark 2.0 was unveiled. Last week, Spark Summit pulled into Boston, and so did one of those nor’easters that make Boston so alluring in February. And so the Spark project, for now, is engaging in the blocking and tackling chores of cleaning up or […]
|By Matein Khalid| The US Dollar Index has now fallen 3.5% since it peaked on January 3. Donald Trump and his White House aides broke the 20 year taboo against speaking out against the “strong dollar” policy platitudes. The Federal Reserve did not raise interest rates and signaled no rate hike is imminent at the March FOMC. It is significant that the US dollar has fallen against […]
It’s old news by now that way more than half of digital traffic comes through the side doors of social media and search rather than a reader selecting from a home page menu. That’s OK, the theory goes, because at least readers are exposed to the content and will take note of the source. But that brand-building effect may be much weaker than supposed, a new Pew […]
Japan’s economy grew at an annualised pace of 1 per cent in the final quarter of 2016 as yen weakness spurred a pick-up in exports and business investment. The figure, which was broadly in line with analysts’ expectations for a 1.1 per cent rise, confirms Japan’s economy is back on track after a wobble last summer. Robust growth will reinforce the political popularity of Prime Minister Shinzo […]
While federal regulation has stagnated, local activism in the wake of the 2015 accident spurred Southern California regulators to revive a 27-year-old effort to ban HF. “Let’s see if we can phase this out to provide an extra level of protection for the public,” Philip Fine, a deputy executive director of the South Coast Air Quality Management District, said in an interview. Separately, California officials have been […]
It is time to disabuse our minds of the old notion that West Nile virus (WNV) epidemics spread in “most ideal temperatures of transmission”. A new study suggests otherwise — West Nile virus transmission is higher during drought. The study, published in Proceedings of the Royal Society B on Feb. 8, found out that drought is the key driver in the increased intensity of the WNV epidemics in the […]
A day before Elon Musk, co-founder and CEO of Tesla, officially announces his company’s foray into the Middle East, social media is abuzz with the possible location for the American carmaker’s first showroom in the UAE. A billboard has sprung up on Khalifa Juma Al Nabooda’s building on Sheikh Zayed Road in Dubai – which earlier housed Porsche cars – indicating the showroom opening in “summer 2017”. […]
Your daily guide to community and cultural activities across the Emirates for February 12, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Concert Get tickets […]
The European government bond market had what is known in technical circles as a minor freak-out this week. Yet as yields in eurozone bonds diverged sharply, the markets for stocks, corporate debt and currencies carried on regardless. The Cac 40 index of large French-listed companies was barely changed on the week. The euro weakened per cent against the US dollar, but at the same time the dollar […]
Mr. Kushner, on something of a crash course in diplomacy, has been speaking with Arab leaders in recent weeks. But he is a mystery to most Middle Eastern officials. He has no experience in government or international affairs. His up-close exposure to the Arab world amounts to little more than trips to a handful of Persian Gulf countries and a star-studded jaunt to Jordan. Continue reading the […]
Play Gears of War 4 this Valentine’s Day and get lots of love coming your way. Lots of action, too. Fans of this chaotic fun shooter game for Xbox One are getting updates this February. Gears of War 4 are all set for two new maps, a Valentine’s Day event (for one week), awesome Gear Packs, and tweaks and fixes for the game. The action-packed updates will begin on February […]
“Now we have all the prospects of a fresh start,” Ilnur Cevik, a senior adviser to Mr. Erdogan, said during an interview at the presidential palace in Ankara, the Turkish capital. “We have an opening with Mr. Trump.” Continue reading the main story Turkish-American relations frayed over differing views on the war in Syria and the widespread belief in Turkey that the United States played a role […]
