· Tasdeer showcased 20 Qatari food and beverage sector companies at Dubai World Trade Center from 26 February – 2 March 2017 · Food and beverage industry valued at more than USD $5 trillion globally, according to estimates · Expo attracted key businessmen, decision-makers and investors from agri-food industry from across the world 05 March 2017· Tasdeer showcased 20 Qatari food and beverage sector companies […]
PARIS Under-fire candidate Francois Fillon has lost support in France’s presidential election campaign, but fellow conservative Alain Juppe would reach the second round should he replace him, an opinion poll said on Sunday. The poll by Kantar Sofres-Onepoint was conducted between March 2 and March 4 as pressure from within Fillon’s own party mounted on him to stand down and for Juppe to take his place. It […]
CATANIA, Italy Almost 1,300 migrants arrived in Sicily on rescue ships over the weekend after crossing the Mediterranean, while a 16-year-old boy died on one of the ships, Italy’s Coast Guard said. Italy has seen migrants arriving by boat at a record-setting pace so far this year, with far more people braving the crossing from North Africa this year than in the previous three years, Italian figures […]
By Balazs Koranyi | FRANKFURT FRANKFURT Two of the world’s biggest central banks are likely to find themselves with a bigger policy gap by the end of the coming fortnight The European Central Bank on Thursday will resist calls to start tightening policy against surging inflation but robust U.S. jobs data on Friday could seal the case for another Federal Reserve hike the week after. So, let’s […]
BANGKOK The former Buddhist abbot at the heart of a standoff with authorities at Thailand’s biggest temple has been stripped of his monastic rank by the king, the military government said on Sunday. The symbolic step comes more than two weeks after police surrounded the scandal-hit Dhammakaya temple and began searching for Phra Dhammachayo, who is accused of money laundering. The standoff at the temple represents one […]
NAIROBI Gunmen shot dead a British man in northern Kenya on Sunday after armed herders invaded a private ranch in the Laikipia area, two of the man’s neighbours told Reuters. The man was a father of two and a British cavalry veteran who ran a safari company, one of the neighbours said. There have been a number of violent attacks in the area in recent weeks between […]
ANKARA A Syrian pilot whose plane crashed in Turkey on Saturday said in an initial statement to Turkish authorities that his aircraft was shot down on its way to strike rural areas near Idlib, which is in northern Syria, state-run Anadolu agency reported on Sunday. The Syrian airforce pilot who bailed out as his warplane crashed on Turkish territory was found by a Turkish rescue team and […]
Every gram of CO2 counts as carmakers race to cut emissions before tough new rules kick in Global carmakers, stung by emissions scandals, are racing to hunt down every gram of harmful CO2 spewed out on the roads as tougher pollution rules kick in. Auto manufacturers gearing up for Europe’s biggest annual car show in Geneva are celebrating the end of the sector’s crisis. European sales have […]
Maritime security will head the agenda as Australia and other Indian Ocean nations meet in Jakarta, with Indonesia pushing governance in a bid to prevent another South China Sea. Prime Minister Malcolm Turnbull will meet with President Joko Widodo for the second time in less than two weeks when he attends the 20th anniversary of the Indian Ocean Rim Association (IORA) summit in Jakarta this week. With […]
– Issuance is a Call to Kuwaiti Corporates to take Advantage of Sukuk for Financing Projects – 7-Fold Oversubscription evidence for EQUATE’s robust position, Sukuk Importance 05 March 2017 Kuwait – Chief Executive Officer -KFH Capital, affiliated to Kuwait Finance House Group, Abdulaziz Nasser Al-Marzouq said that KFH Capital acted as a global coordinator and book runner for EQUATE SUKUK SPC Limited’s (“EQUATE SPC”) in […]
As part of the previously previewed “Two Sessions” which started on Sunday, Chinese Premier Li Keqiang on Sunday delivered the annual report on the work of the government in Beijing, summarizing the country’s achievements in the past year, and setting goals for this year. In his policy speech, lasting 97 minutes and 18,600 Chinese characters, Li signaled a course adjustment for the world’s second-largest economy and some […]
BANGKOK Japan’s Emperor Akihito paid his respects to Thailand’s late King Bhumibol Adulyadej on Sunday on a visit to Bangkok during which he will also see the new king. Akihito, 83, and Bhumibol, who died aged 88 in October after seven decades on the throne, had a close personal relationship that stretched back to the 1960s and strengthened ties between the two Asian monarchies. Akihito and Empress […]
Credit: Mærsk Line IBM and Maersk will partner to use blockchain technology to conduct, manage and track transactions in the shipping supply chain. The companies said they collaborated on creating blockchain tools for cross-border transactions among shippers, freight forwarders, ocean carriers, ports and customs authorities. According to Maersk and IBM, the blockchain effort, built on the Linux Foundation’s open source Hyperledger platform, will aim to replace paper-heavy […]
WASHINGTON The White House on Sunday asked the U.S. Congress to examine whether the Obama administration abused its investigative authority during the 2016 campaign, as part of the ongoing congressional probe into Russia’s influence on the election. The request came a day after President Donald Trump alleged, without supporting evidence, that then-President Obama ordered a wiretap of the phones at Trump’s campaign headquarters in Trump Tower in […]
China’s banking system has surpassed the eurozone’s to become the world’s largest by assets, a sign both of the country’s increased influence in world finance and its reliance on debt to drive growth since the global financial crisis. While China’s gross domestic product surpassed the EU’s economic bloc in 2011 at market exchange rates, its banking system did not take over the top spot until the end […]
Abu Dhabi’s government-owned power utility aims to close a financing package for a 3.2 billion dirham ($872 million) solar power plant, which will be the world’s largest, in April, a senior official at the utility said on Sunday. Last week, Abu Dhabi Water & Electricity Authority (ADWEA) said it had selected a consortium of Japan’s Marubeni Corp and China’s JinkoSolar Holding to build and operate the 1,177 […]
ISTANBUL President Tayyip Erdogan said on Sunday German actions in stopping political meetings of resident Turks that were due to be addressed by Turkish officials “were no different to those of the Nazi period”. German authorities withdrew permission for two meetings in German cities last week that were part of a government campaign to win the 1.5 million-strong Turkish community’s support for sweeping new powers for Erdogan […]
BEIJING The killing of the estranged half-brother of North Korea’s leader who had been living in the Chinese territory of Macau may be top news around the world, but for some Macanese legislators at China’s parliament it’s more a case of Kim Jong Who? Kim Jong Nam was killed on Feb. 13 at Kuala Lumpur International Airport. Malaysian police believe he was assaulted by two women who […]
PARIS Embattled French presidential candidate Francois Fillon has pulled out of a Monday morning radio appearance that was to discuss his campaign, the show’s host said on Sunday. “Francois Fillon has officially cancelled his appearance on Europe 1’s morning programme,” presenter Thomas Sotto said on Twitter. Once the frontrunner, Fillon is under growing pressure to withdraw as the candidate for the right-wing Republicans party. He is mired […]
Entrepreneur Elon Musk has an estimated current net worth of $13.4 billion from interests in transport, payments and space technology Sending tourists for a trip around the moon is the latest big idea launched by Elon Musk, a Silicon Valley star known for turning his passions into visionary enterprises. Musk has become one of the United States’ best-known innovators. He was a founder of payments company PayPal, […]
Zuma arrives in Indonesia for IORA Summit and state visit TMG Digital | 2017-03-05 12:39:21.0 President Jacob Zuma arrives in Indonesia. Image by: Twitter/PresidencyZA President Jacob Zuma has arrived in Indonesia to attend the Summit of the Indian Ocean Rim Association Business Forum and Leaders’ Summit in the Asian state. He is also on a state visit to the Asian country at the invitation of President Joko […]
Construction work of Dubai Expo 2020’s three main themed districts will start by the end of March following the award of a $600 million contract to Al Futtaim Carillion. The main contractor for the site of the mega event said it is now mobilising and will be “starting work before the end of March”. The contract announced on Thursday is the first of AED11 billion worth of […]
By Jussi Rosendahl | HELSINKI HELSINKI Finnish foreign minister Timo Soini said on Sunday he would step down as leader of the nationalist and eurosceptic Finns party in June, a move which could challenge the future of the country’s three-party government. The departure of Soini paves the way for a more hard-line leadership, surveys have suggested, as many of its core voters bridled at compromises he made […]
The 20th century was a bull market for literacy, freedom, prosperity, health, and technology. As a result of these gains, wealth has increased exponentially, and world poverty is now at all-time lows. Life expectancy continues to improve in most countries, global literacy is near 90%, and there are well over 100 democracies throughout the planet. But, as VisualCapitalist’s Jeff Desjardins notes, not every positive trend can keep […]
