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China's Huawei enters smartwatch frenzy with round-face models

BARCELONA Sun Mar 1, 2015 7:06pm IST A man walks past a logo during the presentation the Huawei’s new smartphone, the Ascend P7, launched by China’s Huawei Technologies in Paris, May 7, 2014. Credit: Reuters/Philippe Wojazer/Files Related Topics Stocks     Images of “Lathmar Holi” at Nandgaon in Uttar Pradesh.  Slideshow  BARCELONA (Reuters) – Chinese telecom equipment maker Huawei on Sunday launched its first smartwatch, a round-faced […]

Oil drop wipes out thousands of US jobs

The tide may be turning in the retreat of the U.S. oil explorers. Rigs targeting oil fell by 33 to 986, the smallest decline since Jan. 2, Baker Hughes Inc. said on its website Friday. Energy rigs in the Permian Basin shale region dropped by seven to 355 after dropping by as much as 49 earlier in the month. The Eagle Ford in Texas lost three rigs. […]

Intel: What The Company Will Show At Mobile World Congress

The dress is both blue and white

What colour is this dress?  Photo: Tumblr The knots and threads of the internet creaked under the overload of one question yesterday: “What colour is this dress?” I don’t understand this odd dress debate and I feel like it’s a trick somehow. I’m confused and scared. PS it’s OBVIOUSLY BLUE AND BLACK — Taylor Swift (@taylorswift13) February 27, 2015 To some the answer was obviously blue and […]

Mubasher wins special recognition by Nasdaq

Mubasher Financial ….. Nasdaq Dubai’s ‘Retail Broker of the Month’ January 2015. Mubasher wins special recognition by Nasdaq DUBAI, 2 days ago Mubasher Financial Services, one of the Middle East’s leading financial institutions, has announced that it has been recognised by Nasdaq Dubai as the ‘Retail Broker of the Month’ for January 2015.   This recognition reinforces Mubasher’s market positioning as a widely respected financial services business, […]

Emaar plans hotels IPO

Emaar Properties PJSC, Dubai’s largest publicly-traded real estate developer, plans to sell shares in its hotels unit in the second half and hired Rothschild as an adviser, three people with knowledge of the matter said. The offering is planned for later in the year because of conditions on the Dubai Financial Market, two of the people said, asking not to be identified as the information is private. […]

Obama Aide Calls Netanyahu’s Planned Visit ‘Destructive’ to U.S.-Israel Ties

By JULIE HIRSCHFELD DAVIS February 25, 2015 WASHINGTON — Susan E. Rice, President Obama’s national security adviser, sharply criticized Prime Minister Benjamin Netanyahu of Israel on Tuesday over his plans to address a joint meeting of Congress next week, saying his actions had hurt his nation’s relationship with the United States. Mr. Netanyahu’s decision to travel to Washington to deliver the speech two weeks before the Israeli elections has “injected […]

French World Bank Employee Is Kidnapped in Yemen

Video | Hollande Discusses Kidnapping in Yemen President François Hollande of France confirmed that a Frenchwoman had been kidnapped in the Yemeni capital, Sana. By ALISSA J. RUBIN February 24, 2015 PARIS — A Frenchwoman who works for the World Bank was kidnapped on Tuesday in front of a ministry office in Sana, the Yemeni capital, according to security officials there and President François Hollande of France, who took the […]

Mubarak Official Cleared of Charges by Egypt Court

By DAVID D. KIRKPATRICK February 24, 2015 A Cairo court on Tuesday acquitted former President Hosni Mubarak’s longtime interior minister of the last of several criminal charges that have kept him behind bars, opening the potential for his release. The acquittal of the former minister, Habib el-Adly, is the latest in a long string of rulings since the 2013 military takeover that have exonerated former officials jailed after the Arab […]

Ooredoo to showcase next-gen smart solutions

Ooredoo to showcase next-gen smart solutions DOHA, 5 hours, 28 minutes ago Ooredoo is set to showcase a range of ‘smart’ technologies at this year’s GSMA Mobile World Congress, as the company continues to develop new life-enhancing services to serve customers across its footprint. The theme of this year’s congress, which will run from March 2 to 5 in Barcelona, Spain, is ‘The Edge of Innovation,’ and […]

Egypt aims to halt gas imports in 2020 – minister

Egypt … struggling to cope with energy demandfrom a population of 85 million Egypt aims to halt gas imports in 2020 – minister CAIRO, 11 hours, 19 minutes ago Egypt hopes to halt liquefied natural gas imports in 2020, Oil Minister Sherif Ismail said on Monday, as projects to develop its own gas fields are completed. The Arab world’s most populous nation is struggling to cope with […]

Natalie Bennett car-crash LBC interview: She had it coming

I wonder: did Australian television broadcast Bagpuss to its younger viewers during the Seventies? I’m asking because the Green Party leader, Natalie Bennett, grew up in New South Wales. Maybe she loved Bagpuss as much as I did; one story in particular: “Charliemouse then tells Bagpuss and Yaffle that the mill makes chocolate biscuits out of breadcrumbs and butterbeans. The mice run the Mill, and it does […]

Can Windows 10 Win Back Users?

The next generation of Windows is aiming to fix everything that was wrong with the last generation. Can Microsoft reverse its fortunes with Windows 10? Microsoft’s self-stated ambitious goal with Windows 10 is to inspire new scenarios across a broad range of devices, from big screens to small screens to no screens at all. Terry Myerson, executive vice president of Microsoft’s Operating System Group, called Windows 10 […]

Hybrid Cloud Technology Is Focus of IBM Confab

As it gets under way at the MGM Grand & Mandalay Bay in Las Vegas, IBM’s InterConnect 2015 corporate convention will touch on cloud, mobile, DevOps, security, asset management, Internet of Things, application integration, and smarter processes. But a main area of focus is expected to be hybrid cloud technology, which gives IBM’s individual businesses a chance to discuss and demonstrate how they can better leverage each […]

$10 oil in sight?

|By A. Gary Shilling| At about $50 a barrel, crude oil prices are down by more than half from their June 2014 peak of $107. They may fall more, perhaps even as low as $10 to $20. Here’s why. U.S. economic growth has averaged 2.3 percent a year since the recovery started in mid-2009. That’s about half the rate you might expect in a rebound from the […]

Rolls-Royce unveils SUV plan

Rolls-Royce announced plans to build a sport utility vehicle (SUV), validating hints dropped by company officials earlier this year. .The announcement comes after months of rumors that Rolls would finally introduce something to compete against Porsche’s Cayenne, Mercedes-Benz’s G-Wagon, Land Rover’s Range Rover, and Bentley’s (forthcoming) Bentayga. This now leaves Ferrari as the only major luxury automaker without an SUV in its lineup. Rolls has confirmed that […]

Crude price drop forces Iran cash crunch

The Iranian oil ministry won’t be able to pay staff or invest in boosting production if parliament proceeds with a plan to slash funding, according to Oil Minister Bijan Namdar Zanganeh. “The oil industry’s situation is deplorable,” Zanganeh said in comments reported by the state-run Islamic Republic News Agency. A draft bill reviewed by parliament Monday would cut the ministry’s budget to $3 billion in the Iranian […]

UAE Insolvency Law: A real priority for business growth

|By Sarosh Zaiwalla| Towards the end of last year, it was announced that the UAE’s long anticipated insolvency reform bill was reaching its final stages prior to implementation. The legal framework was drawn up following the establishment of the Dubai World Tribunal that resulted from the entity’s inability to pay its creditors in November 2009. The case cast a spotlight on the UAE, which until today does […]

Eero

Eero is the world’s first Wi-Fi “system.”  A set of three will cover your whole home, eliminating dead spots and slow zones from every corner or closet. Even the back yard. It creates a mesh network and uses groundbreaking software to automatically optimize the connection on every device, everywhere. Recommended article: Chomsky: We Are All – Fill in the Blank.This entry passed through the Full-Text RSS service […]

Devialet Phantom

Acoustic engineers at Devialet put 10 years of research into the creation of The Phantom—a small, spherical, wi-fi connected all-in-one amplifier and speaker that delivers what audiophiles like Sting & Rick Rubin think may be the best sound in the world. It’s loaded with cutting edge audio technologies & rave reviews from all corners are saying the Phantom sounds better than speakers 20X its size. Recommended article: […]

Gulf banks face risk from regulatory blues

Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing increase the risks for issuers and investors. Basel III standards, now being phased in around the world, will require banks to hold more capital. While Gulf banks have very high capital adequacy ratios, their rapid expansion, and the fact they operate in emerging markets with lower sovereign […]

Transworld unit launches service connecting all Indian ports

|By TAP Staff| Mumbai-based shipping and logistics provider Shreyas Shipping and Logistics Limited,, part of global conglomerate Transworld Group, has become introduced domestic containerised cargo movement at every Indian port, from Mundra up to Kolkata, all along peninsular Indian coasts. Shreyas is the first provider to offer this service. “This is a first in Indian maritime history. This will be Shreyas Shipping and Logistics Limited’s contribution towards […]

4 Killed at Kosher Supermarket in Paris Are Buried in Jerusalem

Video | Israel Remembers Jewish Paris Victims The Israeli president, the prime minister and the wife of one of the four Jewish victims in a Paris kosher market attack spoke at the burial ceremony for the slain men in Jerusalem. By JODI RUDOREN January 13, 2015 JERUSALEM — They were buried Tuesday not in the land where they had made their homes but in what was described as their […]

Dubai World closer to debt deal

State-owned conglomerate Dubai World edged closer to a second major restructuring in four years on Monday after announcing it had reached agreement with a “substantial majority” of creditors to back its $14.6 billion debt deal. However, despite having enough backing to effectively prevent challenges to its new deal, a relatively untested court process to impose it will mean formal completion is still months away. Dubai’s economy has […]