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BT’s own goals cost the boss dearly. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Two months ago, all Paris St Germain had to do to reach the quarter finals of the European Champions League was not concede three goals in the final 2 minutes of their match against Barcelona. Barcelona’s ensuing […]

By Ben Blanchard | BEIJING BEIJING When leaders of 28 nations gather in Beijing next week for a summit to map out China’s ambitious new Silk Road project, one question is likely to be on attendees’ minds – what exactly is the Belt and Road Initiative? Proposed in 2013 by President Xi Jinping to promote a vision of expanding links between Asia, Africa and Europe underpinned by […]

The grand finale of NASA Cassini spacecraft has set one more milestone after the successful second dive on May 2 between the Saturn and its rings. With its camera — equipped with CL1 and CL2 filter — pointed at its rings and away from the planet’s surface, Cassini offered amazing images with an eerie touch. The second dive also gave Cassini a broader proximity to the planet’s outer […]

A consortium led by Macquarie Group is buying a controlling stake in one of Australia’s biggest public energy companies in a deal that will deliver a A$7.6bn windfall to the New South Wales government.  The sale of a 50.4 per cent stake in Endeavour Energy to the Advance Energy consortium completes a trio of energy sales in NSW under an “asset recycling” policy, which the US administration […]

A shake-up of the overarching Israel Broadcasting Authority — widely considered an outdated and wasteful enterprise — has been decades in the making. At one point it was said to have had up to 18 unions for about 1,800 employees. Israeli officials and experts across the political spectrum said that reform was essential. Continue reading the main story But the way it is unfolding appears chaotic and […]

YANGON The International Committee of the Red Cross has asked Myanmar to let aid workers get access to people caught up in conflicts that have displaced tens of thousands despite a transition that brought Nobel laureate Aung San Suu Kyi to power. Authorities have blocked the ICRC from areas under the control of ethnic minority forces and from visiting some prisoners, the organisation’s president, Peter Maurer, told […]

Domino’s DRU autonomous robot (Image: Domino’s) Domino’s has announced that its autonomous delivery vehicle is now operating commercially, delivering pizzas to customers in Hamburg, Germany. The robot delivery system was created in partnership with Starship Technologies, a European startup founded by two of Skype’s co-creators Ahti Heinla and Janus Friis in 2014. “Robotic delivery units will complement our existing delivery methods, including cars, scooters, and e-bikes,” Don […]

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11 May 2017 The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it achieved a total operating income of US$ 249 million during the first quarter of 2017 and the total financing and investments recorded slight increases at the end of March 2017 compared to end of December 2016. Al Baraka Banking Group has continued during the first quarter of 2017, […]

Vice President Leni Robredo’s trust rating remains to be ‘good’ based on SWS’ classification Patty Pasion Published 12:54 PM, May 11, 2017 Updated 1:03 PM, May 11, 2017 DECLINE. Trust ratings for Vice President Leni Robredo slid down by 15 points based on the lates survey by the Social Weather Stations. Photo by Ben Nabong/Rappler MANILA, Philippines – The trust rating for Vice President Leni Robredo remains […]

By Douglas Busvine | DHARAMSALA, India DHARAMSALA, India Top U.S. lawmakers delivered a blunt message to China on Wednesday that they would not relent in their campaign to protect human rights in Tibet, calling for legislative and trade steps to press home their point. Nancy Pelosi, leading a bipartisan Congressional delegation to meet the Dalai Lama, vowed to stand by the exiled Tibetan spiritual leader even as […]

Xped executive chairman Athan Lekkas (Image: Supplied) Australian Securities Exchange-listed Internet of Things (IoT) company Xped has announced that it is purchasing fellow Adelaide-based artificial intelligence (AI) company Jemsoft for AU$200,000 in cash and 50 million Xped shares. The total value of the deal comes to AU$900,000, with Xped shares priced at 14 cents per share. In addition to acquiring all of Jemsoft’s intellectual property — including […]

Chaos ensued Monday night, May 8, at Fort Lauderdale Airport in Florida, as Spirit Airlines canceled multiple flights, leaving hundreds of travelers stranded in Broward County. Irritation escaladed to the point where it gave rise to altercations between angry passengers and staff members. The latter had no choice but to call the police, which intervened to calm the violent brawl and eventually made three arrests. Riot Charges For The […]

Last Friday, The Denver Post reported it was considering relocating the newsroom from its downtown Denver home to one in nearby Adams County, where the Post’s printing facility is located. On Tuesday, Michael Roberts reported for Westword that the decision has already been made. Publisher Mac Tully confirmed the news in a statement, noting that they plan to keep some kind of office space downtown: I can […]

Abu Dhabi // The president of the UAE, Sheikh Khalifa, has been invited by Saudi King Salman to attend talks in Riyadh later this month with the US president. The ruler of Abu Dhabi was invited to both the US-GCC talks as well as the summit expected to be held a day later, on May 21, between Donald Trump and leaders from more than a dozen of […]

On Wednesday, Mr. Erdogan’s prime minister added another warning: that arming the Kurds could have “consequences” for the United States and a “negative result.” He did not go into detail, promising only that Mr. Erdogan would elaborate when he meets President Trump at the White House next week. Continue reading the main story Mr. Erdogan also sharply criticized the Trump administration’s decision in remarks quoted by Turkish […]

SHANGHAI China is testing the ability for future astronauts to stay on the moon for extended periods, as Beijing accelerates its space programme and looks to put people on the surface of the moon within the next two decades. The official Xinhua news agency said volunteers would live in a “simulated space cabin” for between 60-200 days over the next year helping scientists understand what will be […]

Sultan bin Sulayem: The vision of Mohammed bin Rashid has turned innovative ideas into distinctive and brilliant achievements Go Global! This year Ideas Arabia gives winners of 2 categories – Executive Leadership & Idea of the Year, a unique opportunity to compete globally in ‘The Global Award’ taking place in 2018. Leaders and experts came together to meet for the two-day conference to support the […]

Credit: University of Florida For the millions of people every year who have or need medical devices implanted, a new advancement in 3D printing technology developed at the University of Florida promises significantly quicker implantation of devices that are stronger, less expensive, more flexible and more comfortable than anything currently available. In a paper published today in the journal Science Advances, researchers lay out the process they […]

Nike’s VP of digital design transformation, Ken Black, has put his company’s competitors on notice, revealing the sneaker giant is aggressively pursuing any environment in which it can innovate. “We have the best athletes, best designers, best data; we’re going to use technology to enable us to move faster,” Black explained. “One of the things I love the most is when you really boil it down to […]

By Mark Hosenball and David Shepardson | WASHINGTON WASHINGTON The Trump administration is likely to expand a ban on laptops on commercial aircraft to include some European countries, but is reviewing how to ensure lithium batteries stored in luggage holds do not explode in midair, officials briefed on the matter said on Wednesday. Any expansion of the ban could impact U.S. carriers such as United Airlines (UAL.N), […]

Senators from both sides of the aisle wrote to President Donald Trump on Wednesday urging him to take a tougher line with Beijing in the South China Sea, calling for more U.S. naval patrols to uphold navigation rights in the disputed waterway. The appeal, backed by three Republicans and four Democrats, reflects growing concern in Congress that the Trump administration could be ceding strategic ground to China […]

Snap fell short of Wall Street’s expectations in its first quarterly results as a public company, sending its shares tumbling by almost a quarter in value in after-hours trading to hit a new low. The maker of the Snapchat app reported revenue growth of 286 per cent to $149.6m but analysts had been expecting almost $10m more than that. Losses were also wider than forecasts. Daily active […]

The lead characters are a Norwegian couple who had Middle East experience and thought they might be able to broker an agreement. This was high-octane audacity. Yet the two of them — Terje Rod-Larsen, a social scientist, and his wife, Mona Juul, an official in Norway’s foreign ministry — pulled it off. Continue reading the main story The play’s Mr. Larsen, portrayed by Jefferson Mays, seems a […]

PARIS Several French news companies, including Le Monde and Le Figaro, said their websites went temporarily offline on Wednesday because a company that helps speed delivery of their content was hit by a cyber attack. The company, Cedexis, said it had come under a “unique and sophisticated” distributed denial of service attack, which is when hijacked and virus-infected computers target networks with data requests until they can […]

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