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BEIJING Iran’s nuclear deal with six major powers should continue regardless of changes in the internal situation of participant nations, China’s Foreign Minister Wang Yi told Iran’s visiting foreign minister during a meeting in Beijing on Monday. The future of the deal to curb Iran’s nuclear programme has been thrown into jeopardy with U.S. President-elect Donald Trump set to take office next month. During his election campaign […]

This is the first of a series on the global rise of exchange traded funds The supposed death of the stock picker has become one of the dominant narratives of post-crisis finance. As trillions of dollars have rushed into low maintenance, index-based products facilitated by exchange traded funds, it has become common place to hear traditional fund managers and analysts complain that this wall of cash is […]

Dubai Airports has rolled out an upgraded Wi-Fi service across both Dubai International and Dubai World Central airports that allows passengers to access unlimited free high-speed. The airports authority said the new service was launched after extensive research into passenger expectations. Dubai Airports said access to the Wi-Fi has also been made simpler with only one click required on the landing page to connect to the service. […]

By Jack Kim and Ju-min Park | SEOUL SEOUL Besides South Korean President Park Geun-hye, the biggest casualty of the country’s mushrooming political corruption scandal may be the presidential aspirations of United Nations Secretary-General Ban Ki-moon. Although he has not declared his candidacy, Ban was until a month ago the front-runner in opinion polls to win the election scheduled for Dec. 20, 2017, a race he was […]

Photo Secretary of State John Kerry with Prime Minister Benjamin Netanyahu of Israel in New York in September. At the Saban Forum in Washington on Sunday, Mr. Kerry called the building of Israeli settlements an obstacle to peace with the Palestinians. Credit Darren Ornitz/Reuters Secretary of State John Kerry on Sunday accused right-wing Israelis of deliberately thwarting efforts to broker a peace deal with the Palestinians. In […]

GENEVA The United Nations needs a record $22.2 billion to cover humanitarian relief projects next year, covering the needs of 93 million people in 33 countries, U.N. humanitarian chief Stephen O’Brien said on Monday. “This is a reflection of a state of humanitarian need in the world not witnessed since the Second World War,” he told a news conference, adding that 80 percent of the needs stemmed […]

Dinner in the Sky is coming to Dubai. Arguably the world’s most unique dining concept, Dinner in the Sky takes guests 50 metres up, suspended by a crane, to enjoy a meal. The gravity-defying dinner will be offered for a limited time during the festive season, with the crane to be set within the Habtoor Grand Resort, Autograph Collection in Dubai. During these dinners, a small group […]

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Shares in Italian banks opened sharply lower Monday morning after voters rejected the country’s constitutional reform referendum, with investors questioning whether some of Italy’s largest financial institutions will now be able to raise capital needed to shore up their finances. Milan’s stock market benchmark, the FTSE Mib, was down 1.4 per cent to 16,857.0 in opening trading, led lower by its banks after Matteo Renzi, Italy’s prime […]

By Idrees Ali | ABOARD A US MILITARY AIRCRAFT ABOARD A US MILITARY AIRCRAFT While the fight to retake the Iraqi city of Mosul from Islamic State is going to be difficult, it is “possible” it could be complete before President-elect Donald Trump takes office, U.S. Defense Secretary Ash Carter said on Monday. Some 100,000 Iraqi government troops, Kurdish security forces and mainly Shi’ite militiamen are participating […]

Submitted by Michael Shedlock via MishTalk.com, On the same day Matteo Renzi suffered a crushing defeat at the hands of alleged “populists” in Italy, German finance minister Wolfgang Schäuble ruled out debt relief for Greece ahead of a eurozone finance minister meeting.  Schäuble says Greece Must Reform or Leave Eurozone. Greece must implement economic reforms if it is to keep its place in the eurozone, Germany’s finance […]

PARIS Socialist French Prime Minister Manuel Valls is to announce later on Monday that he will run for president in next year’s election, Agence France-Presse and French television reported. Valls’ office issued a statement that he would make a declaration at 1730 GMT at the town hall in Evry, just south of Paris, but it gave no further details. His expected announcement follows a primary ballot in […]

Discuss the law of large numbers with statisticians and they mean using large samples to improve experiments. Analysts take the phrase to mean no company or economy can grow stratospherically forever. China watchers have another approach, forecasting eye-popping numbers for future foreign investment into Chinese financial markets. Expected long-term inflows via the Shenzhen-Hong Kong Stock Connect, launched on Monday, are no exception. But in the short term, […]

UCF scientist Jayan Thomas has made a breakthrough that would essentially turn jackets and other clothing into wearable, solar-powered batteries that never need to be plugged in. It could one day revolutionize wearable technology, helping everyone from soldiers who now carry heavy loads of batteries to a texting-addicted teen who could charge his smartphone by simply slipping it in a pocket. Credit: UCF Marty McFly’s self-lacing Nikes […]

ISLAMABAD A fire at a luxury hotel in the Pakistani city of Karachi killed at least 11 people on Monday and injured dozens, media reported. The blaze broke out in a ground floor kitchen of the Regent Plaza hotel and trapped guests in upper floors, the English-language Dawn newspaper reported. The hotel has more than 400 rooms. Video footage showed some hotel guests using a chain of […]

In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]

SHANGHAI Chinese trainmaker CRRC (601766.SS)(1766.HK) plans to build more factories abroad as part of its plan to double sales outside of China to up to $15 billion by 2020, state-run China Daily reported on Monday. CRRC expects a total of $8 billion worth of orders from overseas customers this year, and was also open to teaming up with competitors to win bids in some markets, company executives […]

ABU DHABI // A panel from 12 government agencies has designed a plan of attack against childhood obesity. Measures range from promoting healthy foods and exercise to improving the health care of women before and after they become pregnant. The head of the panel, Health Authority Abu Dhabi chairman Dr Mugheer Al Khaili, presented statistics from the World Health Organisation showing that 15.1 per cent of pupils […]

December 05, 2016 Aluminium Bahrain B.S.C. (Alba), the Bahrain-based leading international aluminium smelter, announced the appointment of Waleed Tamimi today on Sunday December 4, 2016 as the new Director of Administration. A Lean Six Sigma Master Black Belt, Waleed comes from a business management background with a stronghold on operational excellence. He joined Alba in 2011 as a Master Black Belt Specialist in the Operational Excellence Department. […]

OAKLAND Victims of a fire that destroyed a converted warehouse in California this weekend, killing at least 33 people, included a woman working her way through culinary school, at least three musicians and a teacher. Their lives all ended suddenly when the performance space and artist community known as the Ghost Ship, which the city said was permitted only as a warehouse, turned into an inferno late […]

In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]

By Ernest Scheyder and Valerie Volcovici | CANNON BALL, N.D./WASHINGTON CANNON BALL, N.D./WASHINGTON The U.S. Army Corps of Engineers said on Sunday it turned down a permit for a controversial pipeline project running through North Dakota, in a victory for Native Americans and climate activists who have protested against the project for several months. A celebration erupted at the main protest camp in Cannon Ball, North Dakota, […]

By Crispian Balmer and Gavin Jones | ROME ROME Italian Prime Minister Matteo Renzi said he would resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a half years in office deals a blow to the European Union, already reeling from multiple crises and struggling […]

Futuristic racing franchise Wipeout, which has been a part of the PlayStation library since the first game was launched in 1995 has been notably absent on the PlayStation 4, with the last installment in the series being Wipeout 2048 for the PlayStation Vita handheld console. When Shuhei Yoshida, the President of Sony Worldwide Studios, was asked in September last year on whether Wipeout will be making a […]

The Department of Human Services (DHS) has implemented an online compliance system that is using automation to help locate funds owed to the Commonwealth. Approximately AU$4.5 million that has gone awry is being pointed to each day by the online compliance system, allowing DHS to kick off the process to reclaim the funds. Before the new system, only AU$295,000 in missing funds was highlighted every 24 hours. […]

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