Health Moody’s says hospitals, utilities face high hacking risks Around $22 trillion of global debt rated by Moody’s has a ‘high’ or ‘very high’ exposure to the risk of cyber attack, the ratings agency said in a report on Thursday, with hospitals and utilities seen at the greatest risk. Out of $80 trillion worth of debt across 71 sectors that the rating agency monitors, […] September 30, 2022
Analysis Development UAE reforms seen as magnet for further US investment A series of new economic and social reforms, known as the Projects of the 50, will make the UAE an even more attractive environment for American businesses. According to Danny E Sebright, president of the US-UAE Business Council, the UAE is already widely recognised by American businesses for these strengths. “Another important strength of the […] September 26, 2022
Banking & Finance US Fed set for big rate hike to test resilience of world’s central banks The Federal Reserve is expected on Wednesday to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation. The policy decision, due to be announced at 2 pm EDT […] September 21, 2022
Banking & Finance US expects more banks will cut off Russian payment system Mir Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir make a lot of sense, a senior US administration official said on Tuesday, and said the United States expects more banks will cut off Mir over sanctions risk. Isbank and Denizbank on Monday announced separately they had suspended […] September 21, 2022
Turkey’s VP rebukes Pelosi for ‘biased’ remarks in Armenia Turkey’s vice president Fuat Oktay has branded Nancy Pelosi’s speech on clashes between Armenia and Azerbaijan “biased”, suggesting that her comments “sabotage diplomacy efforts”. The Speaker of the US House of Representatives visited Armenia this weekend, in an unprecedented show of American support for the country, which has been locked in conflict with its neighbour […] September 19, 2022
Travel & Hospitality Israel’s El Al will begin Tel Aviv to Tokyo flights in March El Al Israel Airlines will start direct flights from Tel Aviv to Tokyo next March, it said on Monday – two years after the launch was delayed because of the Covid-19 pandemic. Israel’s flag carrier has been looking to expand eastbound flights since its second-quarter results showed a rebound from the slump in travel during […] September 19, 2022
Travel & Hospitality Texas entertainment brand set to expand to the Middle East Dave & Buster’s, an entertainment and hospitality brand based in Dallas, is expanding to the Middle East. Following the signing of a 10-year franchise agreement with Saudi firm Abdul Mohsen Al Hokair Holding Group, the aim is to open the first of eleven venues next year. Founded in 1982 and headquartered in Coppell, Texas, the […] September 19, 2022
People & Lifestyle Marvel anti-heroes steal the show at Disney’s D23 fan convention The anti-heroes stepped into the spotlight Saturday at Walt Disney Co’s D23 Expo fan convention, as Marvel Entertainment announced casting for “Thunderbolts.” Marvel Studios chief Kevin Feige announced that actors Florence Pugh, Sebastian Stan, David Harbour and Julia Louis Dreyfus will join the cast of the new film, whose team of villains is akin to […] September 12, 2022
People & Lifestyle Music, acting and activism: Life Lessons with Stevie Van Zandt It is rare enough to have one career that becomes part of a pop-culture phenomenon. Stevie Van Zandt has two. As a musician, including as a member of Bruce Springsteen’s E Street Band, and as an actor with “The Sopranos,” Van Zandt has bottled lightning twice. For the latest in Reuters’ Life Lessons series, Van […] September 6, 2022
Health Pure Health to invest $500m in US hospitals giant Ardent Alpha Dhabi Holding's healthcare subsidiary will acquire a minority stake in Ardent, an acute care specialist that employs 26,000 people September 5, 2022
Entertainment Amazon says ‘Lord of the Rings’ prequel sets viewership record Amazon.com Inc said on Saturday that its pricey “Lord of the Rings” prequel series was watched by more than 25 million viewers around the world on its first day, a record debut for a Prime Video series. “The Lord of the Rings: The Rings of Power” premiered on Amazon’s streaming service on Friday in more […] September 4, 2022
Banking & Finance US Fed ends decade-long enforcement action against HSBC The US Federal Reserve has terminated a decade-long enforcement action against HSBC Holdings PLC for violation of anti-money laundering rules and sanction laws. The enforcement order ended on Aug. 26, the Fed said in a statement on Thursday. HSBC did not immediately respond to Reuters’ request for comment. Terminating enforcement action against banks is not […] September 2, 2022
People & Lifestyle Last Soviet leader Gorbachev, who ended Cold War, dies at 91 Mikhail Gorbachev, who ended the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union, died on Tuesday at the age of 91, hospital officials in Moscow said. Gorbachev, the last Soviet president, forged arms reduction deals with the United States and partnerships with Western powers to remove the Iron Curtain […] August 31, 2022
Science & Technology NASA’s mega-moon rocket ready for liftoff before Artemis mission Launch teams at the Kennedy Space Center in Florida spent a final full day of preparations ahead of Monday’s planned liftoff of NASA’s giant next-generation rocket on its debut test flight, kicking off the agency’s Artemis moon-to-Mars program 50 years after the end of Apollo. NASA officials said on Sunday that all systems appeared “go” […] August 29, 2022
People & Lifestyle ‘House of the Dragon’ renewed for second season “House of the Dragon”, the highly anticipated “Game of Thrones” prequel, has been renewed for a second season after its first episode proved a hit. Based on George RR Martin’s “Fire & Blood”, the drama is set 200 years before the events that played out in “Game of Thrones” and focuses on how the House […] August 28, 2022
Business of Sport Serena Williams’ massive on-court earnings have no rival Serena Williams enters her final US Open as a long shot to take home the trophy but her title as the biggest earner in the history of women’s tennis will remain for many years to come. Since turning professional in 1995, Williams has amassed a mind-boggling $94.6 million in prize money, more than twice as […] August 26, 2022
Business of Sport PGA Tour overhauls schedule, player purses amid LIV threat The PGA Tour’s top golfers have committed to competing against each other on a more regular basis while the bonus pool for players who positively impact the game was doubled to $100 million, Commissioner Jay Monahan said on Wednesday. The changes represent the PGA Tour’s most serious response to the threat posed by the Saudi […] August 25, 2022
Business of Sport Los Angeles Angels owner to explore selling team Los Angeles Angels owner Arte Moreno on Tuesday said he has begun exploring the possibility of selling the Anaheim-based team he has owned for 20 seasons. “Although this difficult decision was entirely our choice and deserved a great deal of thoughtful consideration, my family and I have ultimately come to the conclusion that now is […] August 24, 2022
Analysis Environment To get ahead, plastics producers need to be running in circles The volume of plastics produced globally every year has soared over the past half century, from 15 million tonnes in 1964 to more than 300 million tonnes today. This figure is forecast to double again over the next two decades and nearly quadruple by 2050. But synthetic polymers have one major drawback: they generally take […] August 23, 2022
Business of Sport Hacker tournament brings together world’s best in Las Vegas A team of hackers from two North American universities won the “Capture the Flag” championship, a contest seen as the “Olympics of hacking,” which draws together some of the world’s best in the field. In the carpeted ballroom of one of the largest casinos in Las Vegas, the few dozen hackers competing in the challenge […] August 18, 2022
Business of Sport Elon Musk says he was joking about buying Manchester United Elon Musk, the world’s richest person, said early on Wednesday that he was joking when he tweeted hours previously that he was going to buy currently struggling English football club Manchester United Plc. “No, this is a long-running joke on Twitter. I’m not buying any sports teams,” Musk posted when asked by a user if […] August 17, 2022
Banking & Finance Saudi invests $7bn in US giants from Microsoft to Starbucks Saudi Arabia’s sovereign wealth fund continued its massive investment in US equities in the second quarter of 2022 despite global recession fears. At a time when the kingdom’s income from oil almost doubled, it snapped up $7.6 billion of stocks in technology, e-commerce, retail and finance companies – from Microsoft and Amazon to Costco, Starbucks […] August 16, 2022
