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Silicon Valley startup accelerator and venture capital firm 500 Startups has chosen Melbourne as the location of its Australian headquarters after securing a grant from the Victorian government’s AU$60 million startup fund LaunchVic. The Victorian government said that the new location, 500 Melbourne, will support at least 40 startups over the next two years, providing them access to its global network of businesses, mentors, and venture capitalists. […]

Authored by ‘Vaniam’ via The Burning Platform blog, This is an Arizona patriot’s unique view on John Sydney McCain As of late, we the people of Arizona are very shocked to see what he has become. He is a caricature of a man who, around here, is about as popular as the ping-pong president. How could the people of Arizona, the state that brought you the O.K. […]

19 March 2017 Dubai Land Department (DLD), the strategic partner of the Dubai Property Show – Shanghai, hosted a preparatory meeting for Dubai property developers who will be exhibiting at the show from 24th to 26th March 2017. At the meeting, DLD discussed the various methods for ensuring the ongoing success of the show, including the promotional plan shared with exhibitors at the Real Estate Investment Management […]

DUBAI // The world desperately needs to adopt a new approach to achieve human happiness, the Vice President and Ruler of Dubai has said. Sheikh Mohammed bin Rashid said the approach must be based on cooperation and searching for ponits of agreement, speaking to mark the creation of what was described as the first World Happiness Council. The announcement came ahead of International Happiness Day, which falls […]

Submissions have opened for the next two programmes of Arab Film Studio, the documentary and script writing strands of the long-running free training programme based out of Abu Dhabi. The winner of the documentary programme receives an internship with Image Nation’s documentary department, previously responsible for internationally acclaimed docs including He Named Me Malala and Anwar Roma (Lights of Rome). Documentaries from previous students, meanwhile, have covered […]

By Michelle Martin | SAARBRUECKEN, Germany SAARBRUECKEN, Germany When voters head to the polls in the German state of Saarland later this month, they are likely to deliver an upset to Chancellor Angela Merkel that could be a foretaste of September’s national election. One of Germany’s smallest states, Saarland is – like federal Germany – currently governed by a ‘grand coalition’ of Merkel’s conservatives and the Social […]

WASHINGTON A detailed version of President Donald Trump’s budget to be released in May will lay out plans to eventually erase U.S. deficits, White House budget director Mick Mulvaney said on Sunday. “We’re getting into that now. By May, I think it’s mid-May we’re shooting for right now, we’ll have that larger budget…” Mulvaney said on NBC’s “Meet the Press” program. Mulvaney acknowledged that the budget would […]

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By Bill Berkrot | WASHINGTON WASHINGTON A newer class of type 2 diabetes drugs significantly cut the risk of death and hospitalization for heart failure compared with other medicines for the disease, according to data released on Sunday from a so-called real world study sponsored by AstraZeneca. The drugs, known as SGLT-2 inhibitors, work by removing blood sugar via the urine and include Astra’s Farxiga, Jardiance from […]

By Mike Stone | WASHINGTON WASHINGTON U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan. The initiative could cost nearly $700 billion in government funding, take 30 years to complete and require hiring […]

Tim Byrnes is an unlikely symbol of China’s bid to become the world’s high-tech superpower. For a start he is Australian. Yet the 39-year-old quantum physicist’s decision to swap a research post in New York for Shanghai goes some way to explaining the lengths to which Beijing is going in its efforts to upend the world order. “Quantum physics is very strong in China,” says Mr Byrnes. […]

That concern gives weight to arguments for greater reliance on special operators as the Trump administration for now eschews larger deployments of conventional troops and proposes deep cuts in foreign aid and State Department budgets. Continue reading the main story The global reach of special operators is widening. During the peak of the conflicts in Iraq and Afghanistan, nearly 13,000 Special Operations forces were deployed on missions […]

19 March 2017 Bell Helicopter, industry leader in the production of commercial and military vertical-lift aircraft, have confirmed their participation in the upcoming BIDEC 2017, (Bahrain International Defence Exhibition & Conference) one of the region’s leading international defence exhibitions. Scheduled to be held between 16-18 October 2017, this is Bahrain’s first tri-service defence exhibition, covering land, sea and air. The event which will be hosted under the […]

Our round-up of the week’s best comment and analysis from the Financial Times focuses on positive signals for the word’s second-largest economy and the implications for investors of the Federal Reserve rate rise. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Investors may be wary of being burnt by China but the drumbeat of bullish noises […]

It has been almost five years to the day since Mahmood Hashim Al Kooheji took over as head of Bahrain’s sovereign wealth fund, Mumtalakat, restructuring several investment interests and making other changes to whip the fund into shape after years of losses. It followed a term at Gulf Air in which he managed the national carrier’s controversial restructure that saw 15 percent of its staff, around 600 […]

By Abdiqani Hassan | BOSASSO BOSASSO Somali officials whose forces freed a hijacked oil tanker and its eight Sri Lankan crew said on Sunday that NATO ships must do more to prevent the illegal fishing that locals say sparked the latest attack. Monday’s hijacking was the first time that Somali pirates had successfully hijacked a commercial ship since 2012. Unlike previous hijackings, the ship was freed swiftly […]

(Image: Intel) Intel has taken the wraps off its first Optane 3D XPoint storage product, the SSD DC P4800X, which the company claims can make database transactions up to 10 times faster. Optane will first be available from today to select early customers as a 375GB add-in card, and during the second half of the year will also be available in 750GB, 1.5TB sized cards, and as […]

By Susan Cornwell and Valerie Volcovici | WASHINGTON WASHINGTON U.S. House Republicans are working on changes to their healthcare overhaul bill to provide more generous tax credits for older Americans and to add a work requirement for the Medicaid program for the poor, U.S. House Speaker Paul Ryan said on Sunday. Ryan said Republican leaders still plan to bring the healthcare bill to a vote on the […]

By Michelle Martin | BERLIN BERLIN Germany’s Social Democrats (SPD) on Sunday formally endorsed former European Parliament President Martin Schulz as their leader and challenger to Chancellor Angela Merkel in what is set to be a tightly contested national election in September. The SPD has undergone a revival since nominating Schulz in late January, gaining around 10 points in opinion polls and signing up thousands of new […]

ADDIS ABABA (Reuters) – Biniam Alemeneh’s father was a construction worker, but the 16-year-old Ethiopian student dreamed of becoming an engineer, inspired by his country’s booming economy and the tall glass buildings mushrooming around his home city of Addis Ababa. -Reuters

The Trump administration’s budget blueprint, released this morning, proposes to eliminate funding for the Corporation for Public Broadcasting, which funds NPR and PBS, as well as many public radio and television stations across the United States. In a section on page 11 labeled “major agency budget highlights,” the budget summary lists the Corporation for Public Broadcasting as among the independent agencies that will be defunded, along with […]

Tech Times reported on March 11 that Tesla co-Founder and Chief Executive Officer Elon Musk backed up Lyndon Rive’s bold claim at the Powerwall 2 launch at Newport, near Melbourne, that the company can solve South Australia’s energy storage problems in 100 days with its new battery. Rive, Tesla’s Vice President for Energy Products, cited the company’s experience in building a power plant in South California in 90 […]

Cheat days have become a modern ­phenomenon. A quick scan of social media hashtags such as #cheatday and #cheatmeal, yields over a million photos of freakshakes, ­oozing cheese burgers and deep fried chicken wings. A few ­hundred more are posted each weekend in a ­declaration of freedom from the dieting drudgery ­suffered during the week.  Celebrities, who know a thing or two about ­restrictive diets, have also […]

Employer-funded healthcare in the US is an accidental system. It came into being during the second world war, when wage freezes and 1.9 per cent unemployment forced the government to allow companies to offer fringe benefits like healthcare in an attempt to attract workers. In 1943, the Internal Revenue Service ruled that employer-based healthcare should be tax free — and we were off to the races. The […]

A surgeon implants a pacemaker to a patient An Ohio man claimed he was forced into a hasty window escape when his house caught fire last year. His pacemaker data obtained by police showed otherwise, and he was charged with arson and insurance fraud. In Pennsylvania, authorities dismissed rape charges after data from a woman’s Fitbit contradicted her version of her whereabouts during the 2015 alleged assault. […]

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Just in:
Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Dubai boat show confirms international shipyard line-up for November // Utilities pursue ₹1,992 cr in unpaid bills // ADIA and partners establish $1.4 billion aviation venture // Vance attributes Republican midterm defeats to Iran conflict // Anthropic to prohibit persistent abuse of Claude chatbot // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Oil and chip shares retreat after Democratic victories // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // Hong Kong mandates crypto transaction disclosures to tax authorities // Meraas showcases five residential zones at Dubai Design Week // Cyberport Venture & Capital Forum 2026 Grand Opening // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Democrats capture Senate majority with seven Republican seats // Emirates Group records AED 4.1 billion half-year profit // Pinarayi faults UDF over mounting road crashes // Middle East governments assess Iran war after US vote // Cloudflare unveils Zero Wire vulnerability intelligence service //