Dubai: Last week, Israel was hit by a cyberattack when its webcast of the Eurovision Song Contest semi-final was hijacked to display animated images of explosions in host city Tel Aviv. Kan, the national broadcaster, blamed Hamas militants for the attack. Israel’s hosting of the annual European music competition drew widespread criticism, leading to calls […]
Hong Kong Huawei Technologies Co. is seeking about $1 billion from a small group of lenders, its first major funding test after getting hit with US curbs that threaten to cut off access to critical suppliers. The world’s largest provider of networking gear is seeking an offshore loan in either US or Hong Kong dollars, […]
LONDON Facebook has been in contact with US and British financial regulators with a view to launching its own cryptocurrency next year, the BBC reported on Friday. “GlobalCoin” would work with a new digital payments system in about a dozen countries, starting in the first quarter of 2020, the broadcaster said on its website. Previous […]
The Corozal Freezone has not really been the “talk of the town,” and, in fact, is in dire need of some TLC. The Freezone has not been forgotten, …
London. The Bank of England is warning that the safety of the financial system could be at risk from big investment banks extending loans against borrowers’ share holdings. Banks in London lost more than 1 billion euros ($1.1 billion) on a single so-called margin loan deal in 2017, Sam Woods, chief executive of the BOE’s […]
The forces would help strengthen US defenses in the region.
Dubai Middle Eastern funds plan to increase their investments in Egypt and the United Arab Emirates over the next three months, while largely keeping their exposure to other countries in the region at current levels, according to a Reuters poll. Six of the 11 fund managers polled said they would increase their investments in Egypt. […]
Beijing on Friday accused the United States of spreading “lies” about Huawei after Secretary of State Mike Pompeo said More…
Dissatisfaction with India’s lagging economy didn’t deter voters from handing Prime Minister Narendra Modi and his More…
French actor Romeo Delacour (2ndL), French actress Hafsia Herzi (4thL), French actress Ophelie Bau (5thL), French actor More…