Investors poured $6bn of new capital into European stock funds in the past week, underlining the voracious appetite for assets across the continent as growth accelerates, earnings recover and several of the bloc’s largest countries move past critical elections. The amount of flow in the five days to May 10 is the first time the weekly amount has passed $6bn since at least 2000 when EPFR began […]
Kuala Lumpur, 11 May 2017 The fifth edition of Islamic Financial Services Board’s (IFSB) annual Islamic Financial Services Industry Stability Report 2017 examines the implications of the recent economic developments and changes in the global regulatory and supervisory frameworks on the global Islamic financial services industry (IFSI). Amidst a challenging external environment brought on by the changing policy directions and uncertainties in the global economic landscape, institutions […]
Female professionals in Singapore are calling it quits, as 77% of them set their sights on better job opportunities in the next 12 months, according to findings from a new study by Monster.com. The study, which surveyed over 2,000 respondents across Southeast Asia, sheds light on the challenges women and mothers face in the workplace. Through the study, Monster.com wants to help employers understand how to bridge […]
By Ju-min Park and Christine Kim | SEOUL SEOUL South Korea’s new president launched international efforts to defuse tension over North Korea’s weapons development on Thursday, urging both dialogue and sanctions while also aiming to ease China’s anger about a U.S. anti-missile system. Moon Jae-in, a liberal former human rights lawyer, was sworn in on Wednesday and said in his first speech as president he would immediately […]
The Minneapolis Star Tribune turns 150 later this month. In honor of that milestone, a Minneapolis brewery made a pale ale in the newsroom’s honor. In a press release, Fulton Brewing Company’s head brewer, Mike Salo, explains how the beer was made. (And he just might have a future in writing if the whole beer thing falls through.) Extra! Extra! Pale Ale is an American pale ale […]
It’s been a strange day in Washington, as top intelligence officials and even US President Donald Trump appeared to question his own statements on the firing of FBI director James Comey. Andrew McCabe, the FBI acting director, contradicted Mr Trump over the firing of Mr Comey, denying in testimony to the Senate intelligence committee that the ousted chief had lost the support of employees as he insisted […]
A new technology can monitor and maintain the level of drug in the bloodstream of animals. If it works in people, it could deliver the optimal dose of life-saving drugs and prevent harmful over- or underdosing. (via WSJ)
For IT executives and professionals, adoption of Agile and DevOps approaches is a no-brainer — encouraging collaboration on software projects at all stages helps get projects out the door faster, with the blessings of the business. Everybody feels better about the deliverable. Photo: HubSpot However, it’s not clear how much value businesses are actually seeing out of such efforts. It’s not that DevOps and Agile are not […]
By Brad Brooks and Anthony Boadle | SAO PAULO/BRASILIA SAO PAULO/BRASILIA Former Brazilian President Luiz Inacio Lula da Silva’s combative testimony before a federal judge this week did little to dismantle the graft case against him and improve his chances of securing a new term in office. Lula, a founder of the leftist Workers Party (PT) that controlled Brazil’s presidency from 2003 until last year, can only […]
ROME An Italian court has said divorce settlements should no longer guarantee spouses their previous standard of living but rather simply make sure they were financially independent. The top appeals court ruling could bring an end to the huge settlements seen in some break-ups, such as the 1.4 million euros ($1.5 million) a month that former prime minister Silvio Berlusconi has to pay his ex-wife, Veronica Lario. […]
By Patricia Zengerle and Arshad Mohammed | WASHINGTON WASHINGTON President Donald Trump blasted ousted FBI chief James Comey as a “showboat” and “grandstander” on Thursday even as the agency’s acting leader contradicted the president’s account that the FBI had been in turmoil before he fired Comey. In testimony before the Senate Intelligence Committee, acting Federal Bureau of Investigation director Andrew McCabe promised to tell the panel of […]
With the narrative of how the Comey firing went down in constant flux (The White House and President Trump contradicting each other), WSJ reports that Deputy Attorney General Rod Rosenstein pressed White House counsel Don McGahn to correct what he felt was an inaccurate White House depiction of the events surrounding FBI Director James Comey’s firing, according to a person familiar with the conversation. If you’re confused […]
Verizon had a bidding war with AT&T over Straight Path Communications and it just sealed the deal, acquiring the company for more than $3 billion. More specifically, Verizon outbid AT&T and agreed to pay $184 per share in an all-stock transaction, amounting to $3.1 billion in total. The bidding war started when AT&T offered $95.63 per share, but Verizon raised and AT&T folded. Verizon Outbid AT&T “[T]he […]
DUBAI // Six people have been arrested over a Dh3 million robbery of a bank truck owned by a Dubai cash in-transit company. The suspects, from Asian countries, were arrested on Tuesday night in an apartment in Al Rashidiya following investigations, said Maj Gen Khalil Al Mansouri, assistant commander of CID at Dubai Police. Maj Gen Al Mansouri said one of the suspects was a security guard […]
Microsoft showed off the forthcoming return of OneDrive placeholders to Windows 10 at its Ignite conference earlier this year. The most eagerly awaited new feature in the Windows 10 Fall Creators Update isn’t new at all. see all of ed bott’s Windows 10 Tips OneDrive Files On-Demand, which Microsoft showed off during the Day 2 keynote address for its Build 2017 developers conference today, marks the return […]
Local journalism has been hit hard in the last decade. That hasn’t stopped. But in a survey of more than 400 journalists at newspapers with a circulation of under 50,000, the majority of journalists surveyed expressed optimism about the future. The study, by Christopher Ali and Damian Radcliffe, fellows at the Tow Center for Digital Journalism, was published today in Columbia Journalism Review. Ali and Radcliffe also […]
In this Wednesday, Sept. 14, 2016, file photo, a self-driving Uber car stops at a red light on Liberty Avenue through the Bloomfield neighborhood of Pittsburgh. In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robocars and is slowing their development. But experts say eventually the cars will coexist […]
Inspectors from the General Administration of Customs – Abu Dhabi have foiled an attempt to smuggle three kilograms of narcotics at the Al Ghuwaifat Border. Working in coordination with the Drug Enforcement Section at Abu Dhabi Police, the customs officers found the narcotic substances hidden in the roof of a truck’s interior, state news agency WAM reported on Wednesday. Inspectors subjected the vehicle to a detailed inspection […]
WASHINGTON Russia’s attempts to interfere in foreign elections are one of the top worldwide security threats, the senior Democrat on the U.S. Senate Intelligence Committee said on Thursday. “Russia’s direct interference in democratic processes around the globe is a direct assault that we must work together to repel,” Senator Mark Warner said as the panel began its annual hearing on worldwide threats, featuring testimony by leaders of […]
Volkswagen AG’s (VOWG_p.DE) U.S. unit said Thursday it has named a KPMG LLP director, Stephanie C. Davis, as its chief compliance officer after it was sentenced in April in its diesel emissions scandal. The German automaker said Davis has worked at the audit, tax, and advisory firm on compliance issues. Last month, former deputy U.S. attorney general Larry Thompson was tapped to serve as independent monitor of […]
Moon Jae-in’s presidency of South Korea began with admirable pledges to handle an unpredictable and belligerent next-door neighbour, North Korea, and tackle economic problems. He will also tackle broader regional tensions, China’s outrage at the United States THAAD missile defence system in South Korea and rising fears over that same northern neighbour‘s nuclear programme. But one other challenge may be almost as crucial in determining the success […]
Uber should be regulated as a transport company and be subject to the same rules as normal taxis, according to a non-binding opinion by the Advocate General at the EU’s top court. The opinion, stating that the US ride-hailing app “must be classified as a ‘service in the field of transport’”, would deal a major blow to Uber if followed with a final judgment by the European […]
The developer of an easy-to-use form of customisable ransomware has massively expanded their activities, expanding their arsenal of cybercriminal tools and making it even easier for would-be cyber crooks to set up operations. First spotted in September last year, Philadelphia ransomware is simple to deploy and at $400, is a relatively low-cost investment for entry-level cybercriminals, who also get support and updates as part of a ‘ransomware-as-a-service’ […]
A thief, your kids skipping school or paranormal activity? That’s the question that Lighthouse aims to answer with its new interactive assistant. By combining sophisticated sensors with computer vision technology, the Lighthouse team hopes to deliver an experience that brings more day-to-day value than a mere home security solution. Coming out of Stealth today, the company is equipped with $17 million in venture capital financing from Eclipse Ventures, Playground Global, […]
