Dec 22, 2016 12:33 pm IST India’s business world has had its share of scandal and success this year and that has been reflected in headlines and during heated discussions on nightly news shows. From Cyrus Mistry’s unceremonious ousting as Tata Sons chairman to Vijay Mallya’s ongoing battle with Indian authorities from the U.K., there has been plenty to write and talk about. To quantify the business […]
AMMAN Thousands of rebels and fighters were still waiting on Thursday to be evacuated from the last rebel bastion in Aleppo city but difficulties including harsh weather were complicating the final phase of the operation, a rebel spokesman said. Ahmed Kara Ali, the spokesman for the rebel group Ahrar al Sham, which is involved in the negotiations, told Reuters “large numbers” were left but that it was […]
Nokia was the world’s leading mobile phone maker from 1998 until 2011 when it bet on Microsoft’s Windows mobile platform, which proved to be a flop Nokia announced Wednesday it is suing Apple in German and US courts for patent infringement, claiming the US tech giant was using Nokia technology in “many” products without paying for it. Finnish Nokia, once the world’s top mobile phone maker, said […]
2016 was fact-checking’s finest year [1]. No it wasn’t, it was the year of “post-truth” [2] — some preferred “post-fact” [3] — and fact-checking is a fool’s errand. The discussion about facts in journalism worldwide has rarely been as fractured and animated as it has been in 2016, so we collected 366 links, one for each day of the year, to try and make sense of what […]
Super Mario Run is finally available on the App Store as a free to download game, but one that requires the spending of $9.99 to enjoy the entire package. For the moment, Android owners have to wait until some time in 2017 before the title is released on their platform. For those who are not feeling the need to wait, it’s possible right now to download a play […]
The series of scattershot remarks has further unsettled a turbulent period in American foreign policy. It underscores Mr. Trump’s challenge in fashioning a coherent approach to the problems he will inherit in Asia, Europe and the Middle East, especially working with a team that consists of retired generals and an oil executive, few of whom have experience in the daily cascade of crises that confront every White […]
22 December 2016 MARC has affirmed South Korea’s foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of South Korea (GoK) has no debt rated by MARC. The rating also serves as a country ceiling for ringgit-denominated debt […]
A recent study shows how smartphones can be used to make movies of living cells, without the need for expensive equipment. The study makes it possible for laboratories around the world to do the same thing. (via WSJ)
MANILA Philippine President Rodrigo Duterte announced on Thursday he would halt all online gambling in his country. Duterte made the comment while announcing a 2017 budget that focused heavily on populist measures. He gave no timeframe for such a ban or details on its scope. The firebrand former mayor has been a worry for the country’s booming online gambling industry and in August scrapped one firm’s 13-year […]
Self-driving cars are rolling out much faster than expected, from Uber testing autonomous taxis in San Francisco to Google spinning off its self-driving car division into Waymo and partnering with Fiat-Chrysler. To Fiat, this likely looked like the fastest and best way to get up to speed, considering that rivals like Ford, Honda, and Toyota have a head start. It wasn’t always like […]
Iceland Of all the world leaders shamed over hidden wealth stashed offshore, none was more unfortunate than Sigmundur Davíð Gunnlaugsson. The hapless prime minister of Iceland was caught on camera desperately trying to work out how to explain the presence of his signature on the documents of Wintris Inc, a company in the British Virgin Islands that held shares in one of the country’s failed banks. As […]
Infrastructure of Berth 5 and Berth 6 at final stages of this year’s strategic expansion 21 December 2016 King Abdullah Economic City, The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abdullah Port announced on Wednesday. The two berths are part of the port’s strategic expansion plan, which aims to significantly uprate the port’s capacity, thus boosting […]
BEIJING China will ban imports of poultry and related products from countries where there are outbreaks of highly pathogenic bird flu, the agency that oversees safety of the country’s imports said on Wednesday. China has already banned poultry imports from more than 60 countries. The statement, sent by the General Administration of Quality Supervision, Inspection and Quarantine to Reuters, comes as South Korea battles its worst-ever outbreak […]
Asthma patients may want to consider cutting back on their consumption of cured meats. Findings of a new study have revealed that regularly eating cured meats such as ham, dried sausage, and salami is associated with aggravated symptoms of their respiratory condition. For the research published in the journal Thorax on Tuesday, Zhen Li, from the Inserm Paul Brousse Hospital in Villejuif, France, and colleagues looked at the […]
Photo A Turkish honor guard with the coffin of Andrey Karlov, the assassinated Russian ambassador to Turkey, at a ceremony Tuesday at an Ankara airport. Credit Emrah Gurel/Associated Press For the moment, the most important thing to say about Monday’s dramatic assassination of Russia’s ambassador to Turkey by a lone gunman is that it has not ruptured relations between the two countries. It might have, given past […]
This is part of a series on the global rise of exchange traded funds You only need to look back to the tumultuous November in markets to see the growing significance of exchange traded funds that track bonds. While a bond from brewing behemoth Anheuser-Busch claimed the crown of being the most heavily traded corporate debt security last month, those volumes were dwarfed by bond ETFs. The average […]
BERLIN German police on Wednesday intensified a manhunt for the driver of a truck, who killed 12 people when he mowed into a Berlin Christmas market, and said they were following a number of good leads. After releasing a Pakistani asylum-seeker arrested near the scene, authorities warned that the attacker is on the run and may be armed. They have also said it is unclear if the […]
Perth’s Quantify Technology is developing technology to create intelligent buildings, with the same technology aiming to provide a foundation to enable the creation of secure Internet of Things (IoT) devices. Although Quantify is in the business of power points and light switches, founder and managing director Mark Lapins said there is more to his company than just that. “IoT is big and confusing and we’re trying to […]
Submitted by a Zero Hedge reader who wishes to remain anonymous: OPEN LETTER TO MINISTER-PRESIDENT SEEHOFER(Sent before the carnage in Berlin’s Christmas market) Dear Minister-President Seehofer, I would like to commend you on your opposition to mass uncontrolled immigration into Europe. One would think that it would be trivial to praise politicians – who are elected to uphold law and order, meaning our culture and values – […]
Luis Miguel Hincapié, Panama’s deputy foreign minister, responded with a letter blasting Gurría for making “allegations and insinuations whose falsity is easily demonstrated.” He said the Panama Papers were being used to “distort the facts and tarnish the reputation of the country.” As pressure grew from media and governments around the world, Panamanian officials shifted to a more conciliatory stance. On April 19, President Varela announced Panama […]
By Thanarith Satrusayang | BANGKOK BANGKOK Thailand and China are in talks about building military production facilities in Thailand, a Thai defense ministry spokesman said on Wednesday, the latest sign of warming relations between China and America’s oldest ally in Asia. Relations between Thailand and the United States cooled following a May 2014 military coup that the Thai military said was necessary to end months of unrest, […]
By Ju-min Park | SEOUL SEOUL South Korea on Wednesday issued an arrest warrant for a daughter of the woman at the centre of President Park Geun-hye’s corruption scandal and investigators raided the National Pension Service over possible links to the scandal. A special prosecutor’s investigation started on Wednesday into the influence-peddling scandal that threatens to make Park, 64, the first democratically-elected leader to leave office early […]
JAKARTA Indonesian anti-terrorism police killed three suspects after a gunfight at a house south of the capital, Jakarta, where a bomb was found, a police spokesman said on Wednesday. The raid came soon after Indonesian police had said they were interrogating 14 suspects after a series of arrests relating to planned suicide attacks in the capital, Jakarta, and elsewhere. “During the raid, we tried to be careful […]
This year. I started out as a managing editor of the L.A. Times. I end it as a vice president at CNN. We lived in Los Feliz, under the hills of Griffith Park and neon signs of donut shops. Now we’re in Jackson Heights, in the shadow of brick buildings and halal butchers and planes headed to LaGuardia. After the move, we let our 12-year-old walk to […]
