DUBAI // Style and elegance were the order of the day for the thousands of spectators who defied a barrage of rain to witness the Dubai World Cup at Meydan on Saturday. Upwards of 60,000 people gathered and millions more watched on television the world’s richest race day, when Arrogate underline its status as the world’s highest-rated horse by scooping the US$10 million (Dh36.7m) Dubai World Cup […]
Authored by Johnny Hopkins via The Aquirer’s Multiple blog, One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies and insight into the economy, and in 2011 he published the book The Most […]
By Regis Duvignau and Bernard Grollier | CAMBO-LES-BAINS/SAINT-DENIS-DE-LA-REUNION, France CAMBO-LES-BAINS/SAINT-DENIS-DE-LA-REUNION, France Francois Fillon’s aides used an umbrella to shield him from eggs thrown by protesters in south-west France on Saturday as the beleaguered conservative fell further behind centrist Emmanuel Macron and far-rightist Marine Le Pen in opinion polls. The contrast between former frontrunner Fillon, embroiled in a financial scandal, and new poll favourite Macron was striking as […]
ABU DHABI // The countdown to the Special Olympics World Games Abu Dhabi 2019 officially began in the early hours of Saturday morning as the Winter Games came to a close in Austria. The capital won the bid to host the 2019 Games last year after the board of directors unanimously voted in Abu Dhabi’s favour. The event will be the region’s first sporting event for athletes […]
Martin Fink’s vision starts with petabyte-scale memory systems. One of the keynotes at the recently concluded Non-Volatile Memory Workshop 2017 was given by Martin Fink, a 31-year HP veteran and newly appointed CTO of Western Digital. Martin ran HP Labs, and HP’s high-end server business, and has been thinking about memory-centric computing for years. If the terms “memristor” and “polymorphic computing” ring a bell, you can thank […]
It’s very likely that many still find the idea of an unmanned retail store as something that’s a little too futuristic and unnerving. It is happening right now, though. Companies are already tackling the idea of various unique shopping experiences for their customers from drone delivery to quick home shopping. The most popular of which is Amazon Go. They, however, could find themselves in a battle with a pretty […]
· Dubai Parks and Resorts will be turning off all non-essential lights across the destination for a full hour on Saturday 25th March between 8:30PM- 9:30PM · The Entertainment destination will also take part in “The Earth Hour Walk” event organized by DEWA 24 March 2017 Dubai, UAE – Dubai Parks and Resorts, the region’s largest theme park destination, will join the largest annual environmental movement […]
Add Samantha Bee to the list of media thinkers with a scheme to make money in local journalism. On this week’s episode of “Full Frontal with Samantha Bee,” the “Daily Show” alumna became the latest late-night comedian to give journalism a boost. But, rather than put out a call for donations like her colleague John Oliver, Bee opted for a different strategy: lottery tickets. During the segment, […]
By Timothy Mclaughlin | CHICAGO CHICAGO A U.S. immigration judge in Chicago on Friday granted asylum to a Singaporean blogger, saying he was persecuted for his political opinions in the Southeast Asian city-state. Amos Yee, 18, who had been jailed twice in Singapore, qualifies as a political refugee, according to a 13-page opinion by the U.S. immigration judge. Yee is immediately eligible for release after having been […]
In this Friday, Sept. 16, 2016, file photo, a customer sets up his new iPhone 7 Plus, right, as he switches from the iPhone 6 at the Apple Store on Michigan Avenue during the release of the Apple iPhone 7 and the latest Apple Watches, in Chicago. New documents from WikiLeaks, posted Thursday, March 23, 2017, point to an apparent CIA program to hack Apple’s iPhones and […]
A new study looking into job automation estimates that millions of human workers around the world might lose their jobs to robots in the future. According to a new PwC report, many jobs worldwide risk automation from artificial intelligence and robotics by the early 2030s. However, the report notes that in many cases the jobs won’t disappear altogether, but rather change and adapt. US Jobs Most At Risk […]
March 24, 2017 by: Eric Platt in New York and Stephen Smith in London The US stock market closed lower on Friday as the Trump administration’s struggle in Congress to repeal Obamacare heightened concerns about its ability to drive through an economic agenda that had spurred equity valuations to fresh records. The S&P 500 ended down 0.1 per cent to 2,344 reversing a 0.4 per cent advance […]
Last year, Donald Trump won the election for president by bemoaning the disappearance of the American factory and pledging to bring back manufacturing from other countries. Now in power, he might have to start worrying about the decline of another traditional pillar of the US economy — the American shopping mall. Fears that the rise of online shopping will lead to substantial dislocation in the retail sector […]
Trailing by three, Clemson was driving against Alabama late in a pulsating, nerve-racking College Football Playoff championship game. Deadline for The Washington Post’s Chuck Culpepper meant filing almost immediately after the game ended. Culpepper looked at his computer, and only a couple of paragraphs stared back at him. Did he panic, knowing he had to generate an entire story on a close game in a matter of […]
By Susan Cornwell and Richard Cowan | WASHINGTON WASHINGTON U.S. Republican lawmakers struggling to overcome differences over new healthcare legislation confronted a stark choice after President Donald Trump delivered an ultimatum: pass the bill on Friday or keep Obamacare in place. Trump, a real estate magnate who touted his dealmaking prowess in the 2016 presidential campaign, faced the first major test of how well his skills would […]
Alibaba has joined forces with AusPost, Blackmores, and PwC to explore the use of blockchain technology to combat food fraud. The Chinese ecommerce giant said the goal is develop a “Food Trust Framework” to help improve integrity and traceability on its global supply chains. Australia was chosen to be the test bed for the new framework. Alibaba believes blockchain, best known as the technology behind bitcoin, is […]
Chu Jeong Woo and his tour group from South Korea were supposed to visit Britain’s Houses of Parliament on Thursday. But with the area cordoned off, they had to settle for selfies with the symbol of British democracy — and the scene of Wednesday’s lethal terror attack — as a backdrop. “Change in plans,” Mr Chu, a student, explained as many in his group snapped pictures of […]
Two prominent economists, Anne Case and Angus Deaton, made national headlines when they reported in 2015 the spike in mortality among midlife white Americans since 1999, higher than the death rates of blacks, Hispanics, and Europeans. This time, Case and Deaton said the steady rise of deaths among white working-class Americans could have its roots to the not-so-rosy opportunities for the less-educated as they enter the job market. […]
MOSCOW — It’s 2017, and the new Cold War is in full swing. The West is winning, for now. U.S. sanctions have impoverished Russia. But the two sides are poised at a critical juncture. The Russians have come up with new technology to drill for gas that could send their economy skyrocketing again, putting the West on the back foot. And so, the CIA sends President Donald […]
By Silke Koltrowitz | BASEL, Switzerland BASEL, Switzerland Swiss watchmakers expect the market to stay challenging this year with the United States, their second-biggest market, showing no signs of recovering, executives told Reuters at an industry fair in Basel. Swiss watchmakers are grappling with declining sales in their biggest markets — Hong Kong and the United States — and have been hit by tourist shoppers avoiding Europe […]
Faisal Al Nuaimi is passionate about cycling. From hills to flats, this two-wheeled warrior loves pedalling the streets of Ajman City, his hometown and a growing sports-tourism hub. Cycling five times a week, mostly after work, Al Nuaimi covers up to 70 kilometres in a regular workout, interspersed with two days’ running. It has changed his body dramatically, trimming off 19 kilograms of fat in one year […]
CAIRO — Ten Egyptian soldiers and 15 militants were killed during a raid on an Islamist insurgent base in the restive Sinai Peninsula, a military spokesman said Thursday. The deaths underscored the strength of the Sinai insurgency, led by an Islamic State affiliate, despite almost four years of concerted Egyptian counterterrorism operations. In recent months Sinai militants have expanded their area of operations, targeted Christian civilians and […]
The irony of revelations from the Global Laundromat scandal landing almost exactly a year on from the Panama Paper leaks is not lost on many readers. Clearly the lip-service to greater transparency that followed the financial leak has come to nought. The Laundromat scandal has exposed billions of dollars being moved out of Russia through anonymously owned UK companies and Britain’s high street banks. Anonymous companies – the […]
By Robin Emmott and Alissa de Carbonnel | BRUSSELS BRUSSELS Hours before Wednesday’s attack in London, the head of the European Union police agency Europol warned that a large group of radicalised individuals posed a constant threat to Britain and Europe. “Some of these are likely to succeed in the future,” Rob Wainwright, who is British, wrote in a blog to commemorate the attacks in Brussels that […]
