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Panama City (AFP) – Getting rid of tax havens depends on the United States and Europe, but is unlikely to happen anytime soon, journalists behind the publication of the Panama Papers said Friday. “The biggest tax haven in the world today is probably in the United States,” Jake Bernstein, a US investigative reporter with the International Consortium of Investigative Journalists (ICIJ), told a conference in Panama hosted […]

Apple has lost a key executive from its digital health team after less than a year in the job. Yoky Matsuoka, a former robotics professor, was a co-founder of Google’s experimental X lab and held a senior position at Nest Labs, the smart-home company that is now part of Alphabet, for five years. A MacArthur fellow, she joined Apple to work on its health efforts earlier this […]

For the past few months, a number of Microsoft watchers have been predicting and hoping (incorrectly) that Microsoft was ready to roll out a competitor to Amazon’s Echo and Google Home. A discovery by Microsoft sleuth The Walking Cat, a k a @h0x0d, of something called “Home Hub” further fueled this rumor. However, as Walking Cat also discovered, Home Hub wasn’t hardware; it was some kind of […]

Opec’s production cut this week to bolster oil prices may strike many as a throwback to an earlier era, but it hinged on a very modern method of communication: a messaging group between the smartphones of Saudi Arabia’s delegation in Vienna and Prince Mohammed bin Salman al-Saud. For a royal priding himself on being a tech savvy moderniser in the kingdom, the use of a popular encrypted messaging service may […]

BEIJING At least 38 people have died in two separate coal mine disasters in China in the last five days, state media said, the latest accidents in a country with a poor record of industrial safety. In the first incident, authorities confirmed on Friday night that 21 people died after a coal mine blast in the northeastern province of Heilongjiang, the official Xinhua news agency said. It […]

Authored by William Blum, originally posted at Strategic-Culture.org, On November 16, at a State Department press briefing, department spokesperson John Kirby was having one of his frequent adversarial dialogues with Gayane Chichakyan, a reporter for RT (Russia Today); this time concerning U.S. charges of Russia bombing hospitals in Syria and blocking the U.N. from delivering aid to the trapped population. When Chichakyan asked for some detail about […]

By Harry Pearl | SYDNEY SYDNEY Former U.S. astronaut Buzz Aldrin, the second man to walk on the moon, posted photos on Saturday of his recovery in a New Zealand hospital after he was evacuated from the South Pole due to illness. Aldrin, 86, who was visiting the pole as part of a tourist group, was flown to Christchurch, New Zealand, early on Friday local time when […]

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Europe’s financial markets are bracing for Italy to reject the government’s constitutional reforms in Sunday’s referendum, with investors warning that an emphatic No vote risks a sharp sell-off in Italian assets. Although there has not been panic ahead of the vote, there are signs of some nerves among money managers and traders whose attention in recent weeks has been dominated by the reflation trade unleashed by Donald […]

At a conference on investing in non-performing loans in Milan last week, attendees were asked to vote on whether an Italian government scheme to help sell the debt was the “best way forward”. Just 3 per cent agreed. The response follows a year of wrangling over proposals to tackle the €360bn of problematic loans plaguing the balance sheets of Italian banks, which have lost half their stock […]

Your daily guide to community and cultural activities across the Emirates for December 3, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Nationwide New movie See The Edge of Seventeen, a coming-of-age film about a young woman in today’s world. Nadine (Hailee Steinfeld), 17, is a bullied high-school student suffering from depression who finds life unbearable […]

By Michelle Nichols | UNITED NATIONS UNITED NATIONS The United Nations General Assembly began talks on Friday on a draft resolution that would demand an end to fighting in Syria amid frustration by some states and rights groups over U.N. Security Council deadlock on the nearly six-year conflict. More than a third of the 193-member General Assembly this week asked for a formal meeting to be held […]

The notion of machine-powered facial recognition is one that predates today’s actual technology for it by many years, thanks to robot POV shots from sci-fi films such as The Terminator and Robocop. But while many advances have been made, facial recognition software is far from infallible, as researchers from Carnegie Mellon University recently found. Here are the details from a report in Quartz: Researchers showed they could […]

BEIJING Chinese President Xi Jinping told former U.S. secretary of state Henry Kissinger on Friday that China was watching U.S. politics “very closely” following the presidential election won by Republican Donald Trump. Trump lambasted China throughout the U.S. election campaign, drumming up headlines with his pledges to slap 45 percent tariffs on imported Chinese goods and to label the country a currency manipulator. A few days after […]

December 2, 2016 by: Mamta Badkar in New York The US economy added 178,000 jobs in November while the unemployment rate fell to its lowest level since 2007, suggesting the US Federal Reserve is on track to raise interest rates this month. The jobs tally was just shy of economists’ expectations for 180,000. That compared to the 142,000 jobs it created in October. While the data showed […]

A head of steam for Italian government bond yields. There are no signs of jitters in the eurozone’s third largest debt market this morning in the last day of trading before the country votes in a closely-watched referendum this weekend. Italy’s 10-year bond yields have fallen by as much as 10 basis points this morning (0.1 percentage points) to 1.95 per cent, outperforming a wider rally in […]

The Cohort is Poynter’s bi-monthly newsletter about women kicking ass in digital media. Over the long Thanksgiving weekend, I caught up on several post-election podcasts. Nearly all of the conversations veered towards self-care. From Another Round’s Heben Nigatu and Bim Adewunmi to Call Your Girlfriend’s Ann Friedman and Aminatou Sow, the women I listened to checked in with each other and offered up their go-tos for feeling good. […]

MANILA China’s coastguard rescued two Filipino fishermen from a capsized boat near a disputed South China Sea shoal on Friday, underlining the fast thawing of ties between two countries long at odds over sovereignty. A Philippine coastguard vessel navigated choppy waters to collect the two fishermen from the Chinese ship, in what would be the first time in four years both countries’ coastguards were in close proximity […]

Galaxies are often thought of as sparkling with stars, but they also contain gas and dust. Now, a team of astronomers has used new data to show that stars are responsible for producing dust on galactic scales, a finding consistent with long-standing theory. Dust is important because it is a key component of rocky planets such as Earth. (via WSJ)

As a microcosm of the wrenches and stresses enterprise services are experiencing, Cognizant‘s week has been pretty fascinating. Last weekend Elliott Management took an activist controlling role in Cognizant, one of the most strategic services firms, with an open public letter to Cognizant’s management essentially chastising them for too much investment in the future and for not squeezing enough money out of the IT services world as […]

Friday 06:00 GMT Overview Stock markets across Asia, oil and the dollar have all gone into reverse on Friday, while government bonds were mixed ahead of the release later today of closely-watched US jobs data. European bourses are expected to open lower with spreadbetters predicting the UK’s FTSE 100 will slip 40 points to 6,712 and Germany’s Dax to drop 55 points to 10,479. US index futures […]

ABU DHABI // This National Day, a celebration of 45 years of the UAE, is an opportunity to pay tribute to the country’s remarkable progress and its Rulers. Around the country, Emiratis, residents and tourists are expected to flock to public places to celebrate the occasion. Aziz Al Shamsi, 45, an Emirati, said National Day was a day of unity for all who live in the UAE. […]

Bahraini authorities have put a prominent human rights lawyer on trial for charges that include insulting state institutions, Human Rights Watch (HRW) said on Thursday, in a further crackdown on dissent. The New York-based rights group said that Mohammed al-Tajer, who has defended opposition figures and rights activists involved in 2011 pro-democracy protests, was questioned by the public prosecutor on Nov. 10 for inciting hatred of a […]

President-elect Donald Trump has made a reputation of being very vocal, to say the least, on Twitter, with his tweets certainly getting its fair share of reach and criticism. A report by New York Magazine reveals that Trump, once he is sworn into office on Jan. 20, 2017, will gain access to a system that will allow him to send unblockable text messages to all Americans, a fact that […]

ABU DHABI // Tickets for British band Coldplay’s New Year’s Eve show in Abu Dhabi have turned up online at inflated prices, barely hours after the concert sold out in record time. Fans hoping to see the band are angry that some were able to buy batches of tickets to resell for profit. General admission tickets, priced at Dh395 for the du Arena gig, were being resold […]

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