RIYADH Saudi Arabia’s King Salman starts a month-long Asian tour on Sunday to build ties with the world’s fastest growing importers of Saudi oil and promote investment opportunities, including the sale of a stake in its giant state firm Saudi Aramco. The octogenarian monarch, who has overseen the launch of an ambitious economic reform plan since his accession two years ago, is expected to visit Malaysia, Indonesia, […]
The outage highlighted a problem with OnHub and Wifi’s reliance on Google cloud services for network connectivity. Image: Josh Miller/CNET Google has apologized for annoying Google Wifi and OnHub customers after accidentally triggering a mass factory reset on the routers. A bunch of Wifi and OnHub owners panicked yesterday after discovering the devices were returned to a factory state, leaving owners offline despite the absence of any […]
JERUSALEM — The Israeli government has denied a work visa to an investigator for Human Rights Watch, a prominent advocacy organization, accusing the group of engaging in “Palestinian propaganda.” Human Rights Watch, which has worked in Israel for three decades, denied the accusation, calling the visa rejection “part of a pattern” of actions by the right-wing government in the country to hinder the work of rights groups. […]
The onset of the Trump era forced economists to confront their doubts about their usefulness to the public. They shared this ordeal with political forecasters, Democrats, logicians and journalists. Maybe we all deserved the anguish. Those economists who remain in a funk should nonetheless snap themselves out of it. One reason is that the sappy self-loathing economist is now embarrassingly cliché. Take it from a sappy self-loathing […]
Oman developer Muriya has announced the expansion of its Salalah Beach resort, with the addition of 84 extra keys. The additional rooms have been added to the Fanar Hotel & Residences, taking the total number of rooms at the Salalah Beach development to close to 800, the company said in a statement. The company said the expansion is part of its plans to transform Salalah into the […]
By Balazs Koranyi | FRANKFURT FRANKFURT Devastated by the collapse of its iconic wine industry over a century ago, France may have inadvertently discovered the ideal way for central banks to aid an economy in crisis – open up the purse strings. The Great French Wine Blight, caused by an infestation of phylloxera aphids, laid waste to much of the French countryside in the second half of […]
As a journalism professor, Louise Kiernan often talks with her students about jobs. On Thursday, she talked with her investigative journalism class about her own new job in investigative journalism. Kiernan, an associate professor and head of the social justice and investigative program at Medill School of Journalism at Northwestern University, was named the first editor in chief of ProPublica Illinois earlier this week. “My students are […]
Stock photo SoftBank, Sprint, and TBCASoft have revealed plans to create new solutions which introduce blockchain technology into the telecommunications industry. On Friday, the companies announced their intentions to “aim” for a technology partnership which will jointly develop blockchain technology for telecommunication carriers. In a press release, the firms explained that the heart of the research and development of a new blockchain solution relies on TBCASoft, which […]
YANGON Around 100 Buddhist monks and nationalists in Myanmar staged a protest against Thailand on Friday, denouncing the government of the neighbouring country for its actions against a temple that has defied orders to hand over a wanted monk. For the past week, Thai police and soldiers have surrounded the Dhammakaya temple outside the capital, Bangkok, to try to bring in the former head abbot who is […]
Alphabet contends that a manager at its autonomous car subsidiary Waymo took technical data with him when he left to launch a competing venture that went on to become Otto, Uber’s self-driving vehicle unit The race to develop self-driving vehicles took a new turn on Thursday when Google’s parent company Alphabet filed a lawsuit against Uber, accusing it of stealing technology. Alphabet contends that a manager at […]
The partnership seeks to take advantage of the numerous networks and content providers already connected to MainOne to grow traffic in the Nigerian Internet Exchange LAGOS, Nigeria, February 24, 2017 MainData Nigeria (MDXi) and the Internet Exchange Point of Nigeria (IXPN) have announced a partnership aimed at expanding the peering of Internet Transit traffic within Nigeria. The partnership seeks to take advantage of the numerous networks and […]
Fotowatio Renewable Ventures (FRV), a developer of large-scale solar power plants and part of Saudi-based Abdul Latif Jameel Energy, has signed a power purchase agreement for the Lilyvale Solar Farm in Queensland, Australia. The deal with Ergon Energy, the Queensland Government-owned electricity retailer, will see Ergon Energy purchase 100 percent of the electricity and all large scale renewable energy certificates (LRECs) generated by FRV’s 100MW Lilyvale Solar […]
BEIJING China on Friday dismissed renewed pressure from U.S. President Donald Trump over its role in North Korea, saying the crux of the matter was a dispute between Washington and Pyongyang. Trump told Reuters in an interview on Thursday that China could solve the national security challenge posed by North Korea “very easily if they want to”, turning up pressure on Beijing to exert more influence to […]
TOKYO Asian shares took a breather on Friday, slipping from 1-1/2-year highs as material shares were hit by sudden falls in copper and other commodity prices while investors assessed Washington’s stance on tax and currency policies. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.5 percent, giving back part of this week’s gains, though it is likely to log its fifth straight weekly advance. […]
Submitted by Daniel Mitchell via The Foundation for Economic Education, Early last month, in a column on my hopes and fears for 2017, I fretted about fiscal chaos in Italy leading to default and bailouts. Simply stated, I fear that Italy, along with certain other “Club Med” nations, has passed the point of no return in terms of big government, demographic decline, and societal dependency. And this […]
Since its launch in 2010, Pinterest has established itself as one of the most popular image and idea curation sites, with an incredible 100 million monthly active users. There are plenty of other social-media sites, but for design lovers, Pinterest is still the ultimate source of inspiration, with everything from room makeovers to colour palettes, creative projects and insider tips. Here’s a rundown of some of our […]
February 24, 2017 by: Nic Fildes, Telecoms Correspondent Shine Technologies has reversed roles, revealing it will stop selling its popular ad-blocking technology to telecoms companies, and instead launch an advertising service. The Israeli company backed by Hong Kong billionaire Li Ka-shing built its name as one of the leading companies in the ad-blocking sector, automatically filtering marketing from the screens of smartphones. Its technology was embedded at […]
Should we try to time the market? And has the boom in passive investments brought any problems in its wake? The problems are linked and urgent. The move from traditional actively managed funds to passive indexed funds, which aim merely to track and index and reduce costs, continues to intensify. Meanwhile, if ever there was a point when it might seem right to time the market, and […]
So much for sticking “nuclear weapons” in carriers’ dumb pipes. Shine, last year’s enfant terrible of mobile ad blocking is pivoting (again!) — in both tone of voice and business model. It’s also rebranding to, er, Rainbow. So, to keep tabs, since 2011 this Disrupt startup battlefield alum has moved from trying to sell mobile antivirus (Shine Security), to threatening network-level mobile ad blocking (Shine Technologies), to — its latest pivot — […]
Oscar-winning actor Al Pacino is set to visit Saudi Arabia on May 11-12 as part of the General Entertainment Authority schedule for 2017, which aims to boost the kingdom’s entertainment and film sector. The event titled “An Evening with Pacino,” will take place in Riyadh and then Dammam. It will see Pacino share rare backstage stories and inner workings of his personal projects with a live audience […]
The Reserve Bank of Australia (RBA) has confirmed that its new payments platform rollout is on schedule to begin before the end of the year. Addressing the House of Representatives Standing Committee on Economics on Friday, RBA Governor Philip Lowe said his organisation’s work on building the infrastructure behind the new payments platform is on schedule and currently undergoing industry testing. “Developments look on track to allow […]
By A. Ananthalakshmi and Liz Lee | KUALA LUMPUR KUALA LUMPUR VX, the chemical used in the airport murder Kim Jong Nam, is one of the deadliest chemical weapons created by man. Just 10 milligrams of the nerve agent or a single drop enough to kill in minutes, experts say. With the texture and feel of engine oil, VX was first produced in the United Kingdom in […]
We may be about to witness the extinction of a very rare bird indeed: the $1m Monaco home. Savills agent Irene Luke hasn’t seen one on her books for several years. “We’re selling a parking space for €190,000,” she says, “so you’re not going to get very much for a million dollars.” Luke taps at a computer, trawling through all sorts of listings the public doesn’t have […]
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