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|By Matein Khalid| Jamie Dimon, the unanointed king of Wall Street and chief executive of New York banking colossus J.P. Morgan did not mince his words. He called Bitcoin “a fraud”, a speculative bubble comparable to the Dutch tulip mania of the seventeenth century and declared he would fire any trader at his bank trading in the cryptocurrency “in a second” for “stupidity”. This has only reinforced the […]

Hackers have been targeting companies that operate nuclear power stations around America, prompting the Department of Homeland Security and the FBI to issue an urgent warning about the severity of the threat, several media outlets reported on Thursday. Both The New York Times and Bloomberg published details from a joint report released by the government agencies last month that described efforts by hackers to infiltrate the systems […]

|By Arabian Post Staff| Al Jazeera Media Network has come forth with its own list of demands as Saudi Arabia, the United Arab Emirates, Bahrain and Egypt demand the closure of all its outlets including broadcast channels and websites. In response to the demands and reinforcing its independent voice, the network made a call for solidarity in the pursuit of press freedom. This call reinforces the importance of preserving the rights of people to have […]

This glimpse of the future was crafted by: Kate Yoxall When Nicolaus Copernicus proved in the 16th century that the earth actually revolved around the sun, he did more than inflict a breathtaking blow to the human ego. He threw a new paradigm into the atmosphere. Soon brows began to furl with questions around the way that society was configured; if the earth itself was not the centre of […]

DUBAI, United Arab Emirates: Donald Trump Jr. traveled to Dubai and met a billionaire business partner in the city-state, discussing “new ideas” as the Emirati’s real estate firm still lists possible plans for future joint projects while Trump’s father is in the White House.The Trump Organization has said it won’t make new foreign deals while Donald Trump serves as America’s 45th president. That didn’t affect the Trump […]

Here is a selection of five charts that FT Markets believes are worth watching. A fresh chart will be added on a regular basis. 1. Wall Street hit by biggest slide since November US stocks suffered their worst trading day in eight months on Wednesday after political turmoil in Washington shook investors, with some fearing President Donald Trump’s ability to push through his pro-growth policies has been […]

In a small West Village theater last week, an audience cheered on the Wu-Tang Clan and Bill Murray as they stole a one-of-a-kind rap album from a capitalist caricature. They were watching the new musical about drug-price gouger, apparent twerp and accused fraud Martin Shkreli. The show is silly, fun and maybe went a little too long, which wasn’t too inconvenient because of its talented cast. (Who […]

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Blizzard is preparing to celebrate the first anniversary of Overwatch through an upcoming event, a new edition of the game, and a weekend that will allow players to try it out for free. Overwatch, released on May 24, 2016, had an amazing first year. It quickly became one of the most popular multiplayer shooters in the world with its colorful characters and fast-paced gameplay, and continued to generate […]

Call it the Trump fade? The so-called Trump trade captivated Wall Street after the surprise election of Donald Trump last November. After years of stagnant economic growth in the wake of the financial crisis, the prospect of Mr Trump’s pro-business agenda, combined with Republican control of both executive and legislative branches of the US government, breathed new life into the ageing equity rally, sent the dollar to […]

The president’s packed schedule is filled with opportunities for Mr. Trump to slip up, publicly or privately: back-to-back discussions with the leaders of other nations, many of whom are veteran negotiators well versed in issues they care deeply about. Continue reading the main story By contrast, it could also serve as a much-needed change of subject for a president besieged at home with an agenda frozen by […]

Blizzard earned its reputation as one of the best game developers today well before Overwatch. Now, with year one in the bag, it’s time to take a look back at the year that was in Overwatch. Calling All Agents Overwatch released on May 24, 2016, after what seemed like an eternity in beta on the PC. Anyone who had gotten their hands on the game talked up the […]

ABU DHABI //More than 23 events will be held on Yas Island in the second half of the year as efforts are focused on attracting more local visitors. Management aims to draw people of all ages with events that include Harry Potter in Concert, Cartoon Network Live, Circus 1903 and a stand-up comedy show featuring Trevor Noah. With support from the Abu Dhabi Tourism and Culture Authority, […]

Their trade ministers will talk on the sidelines of an Asia-Pacific Economic Cooperation (APEC) meeting in Hanoi, Vietnam, where newly appointed US Trade Representative Robert Lighthizer is also due to give more detail of Washington’s trade plans. Uncertainty over those plans after Trump abandoned a trade deal he had compared to the “rape” of America has brought fears of protectionism and strengthened China’s […]

/Foreign Policy/What better way to learn about China’s grand geopolitical ambitions than a bizarre awkward music video? That’s what China’s state-run Xinhua news agency thought when they decided to jazz up a summit in Beijing with what appears to be an attempt at pop music. This week, China hosted a massive international conference to showcase its “One Belt One Road” initiative, Beijing’s $1 trillion infrastructure investment project […]

By Foo Yun Chee | BRUSSELS BRUSSELS U.S. social network Facebook (FB.O) is set to be penalized by EU antitrust regulators for allegedly providing misleading data related to its WhatsApp acquisition three years ago, a person familiar with the matter said on Wednesday. The move by the European Commission will come after a six-month investigation and is expected to be a stiff warning to other companies facing […]

TEHRAN: Iran’s top two presidential candidates launched a final day of election campaigning Wednesday as the supreme leader called for a massive turnout to bolster the regime against its “enemies.”Ayatollah Ali Khamenei suggested Iran’s foes would be deterred from pursuing regime change if they saw voters flock to the ballot boxes in Friday’s poll.“American, European officials and those of the Zionist regime are watching our elections to […]

US stocks were on track for their worst session for eight months on fears that US President Donald Trump’s ability to push through his pro-growth policies will be sidelined by deepening political controversy. The Wall Street benchmark fell 1.3 per cent to 2,369 on Wednesday, shedding all its gains for May, with financial stocks the worst hit as the S&P banks index retreated 3.8 per cent. Shares […]

One minute I’m in an office in Dubai’s Jumeirah Lakes Towers; the next, I have been transported to the grounds of a villa in the Sheikh Zayed Housing Programme. I scan the garden – there’s a ball by my feet, so I pick it up and toss it out of the way. Next, I teleport myself just inside the front door. I take a wander around the […]

Donald Trump is facing the gravest crisis of his presidency following the claim that he urged James Comey, the recently ousted FBI head, to halt an investigation into Michael Flynn, the retired general who was briefly his first national security adviser. According to a memo made by Mr Comey after a private meeting in February, Mr Trump asked him to stop investigating Mr Flynn, who had been […]

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. A few more Americans now know H.R. McMaster, who resembles an aging Mr. Clean with horn-rimmed glasses. But they don’t know him nearly as well as Tom Ricks. His journalism experience reveals a distinct reason to doubt McMaster’s defense of […]

An Islamic Shariah court in Indonesia’s conservative Aceh province has sentenced two gay men to public caning for the first time, further undermining the country’s moderate image after a top Christian politician was imprisoned for blasphemy. The court, whose sentencing Wednesday coincided with International Day Against Homophobia and Transphobia, said the men, aged 20 and 23, would each be subjected to 85 lashes for having sexual relations. […]

The wireless headphone company Bragi on Tuesday, May 16, announced a product lineup update to its Dash wireless in-ears called the Dash Pro, a version of which is being marketed as “the world’s first custom-made wireless ear computer.” The company outed two versions of this new headphone model, both improving upon the last model with a trove of features, alongside a crucial element that fixes a longtime woe with […]

DUBAI Iran’s Supreme Leader Ayatollah Ali Khamenei has criticised as “unworthy” the hostile exchanges between rival candidates in Friday’s presidential election, but said a high turnout would mitigate the impact of any lasting animosity. Rivals have been trading accusations of corruption and brutality in debates and speeches aired on live television and the campaign has been the most bad-tempered in the near 40-year history of the Islamic […]

BANDA ACEH, Indonesia An Islamic court in Indonesia has sentenced two men to 85 lashes of the cane for having sex together, judges in the conservative province of Aceh said, ignoring pleas for clemency from human rights groups. The public caning handed down by a panel of judges is the first time laws against homosexuality, introduced in the province in 2014, have been used. The sentence was […]

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