By Vikram Subhedar | LONDON LONDON The dollar extended its recovery against a basket of other currencies on Friday, while banks dragged European shares slightly lower following underwhelming results from Swiss major UBS. The two-day recovery comes after the dollar suffered a 4 percent drop in the three weeks from Jan. 3 reflecting doubts about how U.S. President Donald Trump’s policies will play out for the currency, […]
Maybe you are planning UAE’s wedding of the century; maybe you are just getting ideas for “someday” or maybe you aren’t getting married at all. No matter what your situation, there is much to marvel at this year’s Bride Show Abu Dhabi. Here are six highlights from almost 200 exhibitors that will appeal no matter what’s going on with your ring finger. • The Bride Show Abu […]
UBS finished a tough 2016 on an upbeat note, with an unexpectedly strong increase in fourth-quarter profits, and has predicted improved US investor confidence would this year boost its wealth management businesses. However, Sergio Ermotti, chief executive, warned the more positive US trends were not mirrored globally, and UBS’s shares fell 1.2 per cent in early trading as analysts raised concerns about unexpected fourth-quarter outflows of clients’ […]
“Strange how in the Middle East making peace looks so similar to waging political war,” he lamented in an Op-Ed article in The New York Times in 1989. In 1986, Mr. Cohen was the catalyst for the first three clandestine sessions in Paris and Brussels between Israeli and Palestinian representatives, two from each side. Ostensibly, those talks were limited in scope to missing or captured soldiers, but […]
Friday 08:25 GMT Overview The US dollar is in the ascendancy as the currency once again benefits from hopes for a stronger US economy — optimism that also has helped push Wall Street to record levels. European bourses are mixed after a holiday-thinned Asian session. Commodities are muddled, with oil firmer but gold on the back foot. Hot topic The US dollar is in focus as it […]
By Crispian Balmer | ROME ROME Virginia Raggi was heralded last year as a poster child for Italy’s 5-Star Movement, her election as mayor of the capital holding out the prospect of future triumph for the group at a national level. But her first seven months in charge of Rome have been plagued by scandals, and Raggi now faces possible trial for abuse of office and false […]
Sitting in his spacious office in Doha’s West Bay, free from the entourage of assistants usually attached to CEOs of large, government-backed organisations, Rashid Bin Ali Al Mansoori appears relaxed and unhurried. He even responds, “How much time would you like?” when asked to confirm the length of our meeting. Al Mansoori, who has served as CEO of Qatar Stock Exchange (QSE) since 2012, is frank about […]
By Joseph Campbell | BEIJING BEIJING Tougher law enforcement has reduced the number of environmental offenders in Beijing in recent years, but more companies need to adapt to the emissions standards in China’s capital, its environmental inspection squad says. Graphic on air pollution in Beijing tmsnrt.rs/2hVMPCb Beijing has been on the frontlines of a “war against pollution” declared by Premier Li Keqiang in 2014, as part of […]
(Image: CBSNews.com) With the Trans-Pacific Partnership (TPP) having been dumped by new United States President Donald Trump on his first week in office, the question remains as to whether the remaining signatories will attempt to push through the deal by themselves or with China’s aid — or whether they will instead use a Chinese-led deal. The TPP, signed by its 12 member states in February 2016, was […]
By Abdi Sheikh and Feisal Omar | MOGADISHU MOGADISHU The Islamist group al Shabaab said on Friday its fighters killed dozens of Kenyan troops when they attacked a remote military base in Somalia the previous day, a claim the Kenyan army denied. A spokesman for al Shabaab, which often launches attacks on troops of the African Union’s AMISOM force, said its fighters killed at least 57 Kenyans […]
MOSCOW Russian President Vladimir Putin and U.S. President Donald Trump are expected to hold their first phone call this Saturday, the TASS news agency cited Kremlin spokesman Dmitry Peskov as saying. The Kremlin has previously said it has no information for now about when the two men might have their first meeting. (Reporting by Polina Devitt; Editing by Andrew Osborn) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = (relatedItemsTotal […]
5942 25 by Shannon K. O’Neil January 26, 2017 Mexico’s President Enrique Pena Nieto (R) gestures as Mexico’s Interior Minister Miguel Angel Osorio Chong applauds during the XXXVIII Session of the National Council of Public Security at the National Palace in Mexico City, August 21, 2015. A Mexican government auditor on Friday exonerated Pena Nieto and his finance minister from any wrongdoing over purchases of homes from […]
Malta’s Prime Minister Joseph Muscat speaks during a debate on the priorities of the first-ever Maltese presidency at the European Parliament in Strasbourg on January 18, 2017 | Frederick Florin/AFP via Getty Images Ministers avoid answering difficult questions. By Harry Cooper 1/26/17, 7:03 PM CET Updated 1/26/17, 10:14 PM CET Konrad Mizzi — the only sitting minister in Europe to be named in the Panama Papers scandal last […]
TOKYO Toshiba Corp’s (6502.T) board on Friday approved plans to make its core chip business a separate company and seek outside investment in it, aiming to avoid being crippled by an upcoming multi-billion dollar writedown for its U.S. nuclear business. Toshiba estimates the value of its chip business – the world’s biggest NAND flash memory producer after Samsung Electronics (005930.KS) – at 1-1.5 trillion yen ($9-13 billion), […]
The Doomsday Clock, an imaginary timepiece representing humanity’s proximity to apocalyptic destruction, has been reset to show that mankind is now just two and a half minutes away from doomsday. Humanity Moves 30 Seconds Closer To Global Catastrophe On Thursday, Jan. 26, the Bulletin of the Atomic Scientists, the group of scientists that maintain the Doomsday Clock, moved the clock’s minute hand 30 seconds closer to midnight, […]
Your daily guide to community and cultural activities across the Emirates for January 27, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Outdoor market Check out the Marhaba Market at Deerfields Mall, where you’ll find family fun and entertainment, as well as 30 exhibitors offering fresh produce, flowers and plants, plus art, handicrafts, fashion […]
Dubai, January 26, 2017 UAE Konica Minolta Business Solutions Middle East, held its annual Middle East Distributor Conference recently, at the Dusit Thani Hotel in Dubai. More than eleven distributors from across the Middle East were present at the event. With a theme of “Driving Smarter Workflows”, the one-day long conference featured informational presentation, educational discussions, future strategy, and demonstrations of Konica Minolta hardware, software, and managed […]
January 26, 2017 by: Adam Samson and Mamta Badkar in New York The Dow Jones industrial and transportation averages on Thursday both closed at new highs in a bullish signal for one of Wall Street’s oldest investment theories. The two US equity benchmarks, which date back to the 19th century, have not recorded highs one after another since December, after which the duo began to diverge as the Trump […]
If only a portion of Saudi Arabia’s National Transformation Programme is implemented, there will be dramatic change, one of the kingdom’s most influential lawyers assures. “If we can cover 50 percent of what is the aspiration in the Vision 2030, the kingdom will be doing much better,” the Saudi country director of international law firm White & Case, Doug Peel, says. “My view is that it’s a […]
MEXICO CITY Mexican mogul Carlos Slim, who was attacked by President Donald Trump during his election campaign but who later met with the U.S. leader in Florida, on Thursday called a press conference for Friday amid growing tensions between the two nations. The rare news conference, in which a spokesman said Slim would take reporters’ questions, comes as Mexico wrestles with Trump over the highly divisive proposition […]
ISTANBUL Turkey’s foreign ministry said Greece was protecting coup plotters and failing in the fight against terrorism after the Greek Supreme Court ruled on Thursday against the extradition of eight Turkish soldiers wanted over an attempted putsch. The Greek ruling appears politically motivated, is against international law, and breaches the rights of the victims of the July 15 coup attempt, the Turkish foreign ministry said in a […]
The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, while losses in tech stocks weighed on the S&P 500 and the Nasdaq Composite indexes. The S&P technology index’s .SPLRCT 0.47 fall led the decliners, weighed down by Qualcomm (QCOM.O) and Alphabet (GOOGL.O). Qualcomm fell 5.1 percent to $54.04 after the chipmaker reported a lower-than-expected rise in quarterly revenue. […]
Hold on to your controllers, Agents; Tom Clancy’s The Division game is set to release the massive Update 1.6 together with new expansion, “Last Stand.” The update contains many features that will make surviving in the game’s post-apocalyptic New York City even more challenging. The 1.6 patch will be free-to-play on all platforms: Xbox One, PlayStation 4, and PC. According to game developer Ubisoft, Update 1.6 will be […]
ISTANBUL Turkish authorities have issued arrest warrants for the eight soldiers who fled to Greece after a failed coup attempt in Turkey in July, the state-run Anadolu news agency reported on Thursday. The decision by the Istanbul Chief Prosecutor’s office came directly after Greece’s Supreme Court ruled against the extradition of the soldiers, accused by Turkey of being involved in the abortive putsch. The court decision is […]
