Bloomberg Europe’s ability to sign trade deals with the rest of the world was thrown into doubt after Belgium’s government said it had failed to persuade its regional parliaments to sign up to a proposed pact between the European Union and Canada. Despite weeks of talks, Belgium Prime Minister Charles Michel said he hadn’t convinced the Socialist-controlled, French-speaking region ...
Read More »Global stocks mostly rise on upbeat economic data
SEOUL / AP Global stocks mostly rose on Tuesday amid upbeat economic reports and relatively strong corporate earnings. KEEPING SCORE: Britain’s FTSE 100 added 0.4 percent to 7,015 while France’s CAC 40 gained 0.1 percent to 4,555. Germany’s DAX rose 0.3 percent to 10,795. Stock futures showed that Wall Street was set for a tepid start. Dow and S&P ...
Read More »Banking shares buoy Saudi; EFG Hermes gains on US expansion
Reuters Banking shares boosted Saudi Arabia’s stock market on Tuesday while the majority of other Gulf markets sagged on uninspiring quarterly results. Egypt recovered sightly, but investors remain anxious over dollar shortage woes. The Saudi stock market index gained 1.5 percent, its fifth consecutive session of gains as all 12 of the listed lenders advanced. Bank Aljazira was the ...
Read More »Big tech-media mergers raise privacy concerns
Washington / AFP They know how you browse the internet, your favorite TV shows and where you shop and travel. Data collected by internet and media companies is a powerful tool, and the big mergers planned by AT&T with Time Warner and Verizon with Yahoo offer those firms more data that can be used to target consumers with content ...
Read More »Blurring effect comes to iPhone 7 Plus
NEW YORK / AFP Apple’s iPhone 7 Plus is getting a new camera capability — the blurring of backgrounds to focus attention on people or other objects in the foreground. Apple first announced the “portrait mode†feature in September but it wasn’t available until the company released its iOS 10.1 software update on Monday. It replicates an effect typically ...
Read More »Mirai malware blamed for internet attack
NEW YORK / AP A massive internet attack that paralyzed Twitter, Netflix and other services is being blamed on a specific kind of malware designed to harness the power of ordinary consumer devices. The bad news: Using it isn’t particularly hard and doesn’t require much money. The malware, known as Mirai, was recently posted online for others to adapt ...
Read More »Alibaba’s Jack Ma calls for use of big data to combat crime
Bloomberg Chinese billionaire Jack Ma proposed that the nation’s top security bureau use big data to prevent crime, endorsing the country’s nascent effort to build unparalleled online surveillance of its billion-plus people. China’s data capabilities are virtually unrivaled among its global peers, and policing cannot happen without the ability to analyze information on its citizens, the co-founder of Alibaba ...
Read More »Waterside bliss under threat
Le Somail / AFP France’s Canal du Midi was once a bustling commercial artery crowded with lock keepers, boatmen and barges weighted down by wine and wheat. These days, 350 years after it was carved out of the soil of southwestern France, its banks and waters have become a haven for slow-living locals, artists and prosperous professionals. They are ...
Read More »Olympic debut shines light on karate
Naha / AFP Hollywood may have kicked karate onto the world stage, but its first-ever inclusion at the Tokyo 2020 Olympics promises to shine a light on the rich history of the discipline. At 78, sensei Masahiro Nakamoto has been waiting decades for this decision, insisting there is far more to the martial art than the caricature depicted in ...
Read More »President issues law decrees
ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued federal law decrees pertaining to bankruptcy, the Federal Judicial Authority and Federal Supreme Court. Sheikh Khalifa issued the Law Decree No. 9 for 2016 on bankruptcy. He also issued Law Decree no. 11 for 2016, amending certain provisions of the federal Law No. 3 for ...
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