UK economy grows less than expected on Brexit unease

UK economy grows less than expected on Brexit unease
LONDON: Britain's economy expanded last year less than first thought, official data revealed on Thursday, adding to concerns that Brexit uncertainty was impacting growth. Gross domestic product growth stood at 1.7 percent in 2017, the Office for National Statistics said in a revised estimate. The ONS originally had GDP growth at 1.8 percent last year, compared with 1.9 percent in 2016. Last yea...

Nokia widens losses in 2017

Nokia widens losses in 2017
HELSINKI : Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone maker to raise its forecasts for the coming years as operators prepare to roll out new lightning-fast 5G technology. Nokia said in a statement that it booked a full-year after-tax loss of 1.49 billion euros ($1.8 billion) last year, nearly double the loss of 75...

Securing the Digital Transition

Securing the Digital Transition
NEW DELHI : Every year, the World Economic Forum publishes a Global Risks Report, which distills the views of experts and policymakers from around the world. This year, cybersecurity is high on the list of global concerns, as well it should be. In 2017, the world witnessed a continued escalation in cyber attacks and security breaches that affected all parts of society. There is no reason to beli...

Israeli PM’s India visit: Here’s his itinerary

Israeli PM’s India visit: Here’s his itinerary
New Delhi [India]: Six months after Prime Minister Narendra Modi's historic visit to Israel, first ever by any Indian prime minister to the Jewish nation, his Israeli counterpart Benjamin Netanyahu is arriving in India today for a six-day state visit. The Israeli Prime Minister, who is the second Prime Minister from his country after Ariel Sharon to visit India in the last 25 years of a diploma...

Vietnam’s 10,000-strong ‘cyber army’ slammed by rights groups

Vietnam’s 10,000-strong ‘cyber army’ slammed by rights groups
HANOI : The deployment of 10,000 cyber warriors to fight online dissent in Vietnam adds a grim "new dimension" to controls on free speech in the Communist country, a rights group has said. Vietnam routinely jails its critics and closely monitors activists on social media, which is not banned unlike in neighbouring China.A top Vietnamese general this week said a 10,000-strong brigade dubbed "Force...

UN Security Council to vote on new sanctions against DPRK

UN Security Council to vote on new sanctions against DPRK
UNITED NATION : The United Nations Security Council is expected to vote on a new draft resolution that would tighten sanctions against the Democratic People's Republic of Korea (DPRK) in response to its ballistic missile launch last month. A Security Council meeting has been scheduled for Friday at 1:00 p.m. EST (1800 GMT). The U.S.-drafted resolution was circulated among council members on Thurs...

Iran airs alleged confession of death-row academic

Iran airs alleged confession of death-row academic
TEHRAN: Iranian public television has broadcast images it says show the confession of an academic sentenced to death for spying for Israel during nuclear talks with world powers. In the video aired late Sunday and prepared by Iran's intelligence ministry, Ahmadreza Djalali says he worked with a foreign intelligence agency while studying in Europe. Djalali, an Iranian emergency medicine specialis...

Hammerson, Intu to create European shopping mall giant

Hammerson, Intu to create European shopping mall giant
LONDON: British retail property group Hammerson has agreed to buy rival Intu to create a pan-European shopping mall business, the pair said Wednesday, faced with increasing pressure from online retailers. The all-share deal is worth £3.4 billion ($4.5 billion, 3.8 billion euros), or 253.9 pence per Intu share, said a statement. It is aimed at diversifying Hammerson's portfolio and creating a £21...

संयुक्त हवाई सैन्य अभ्यासको जवाफ दिने उत्तर कोरियाको चेतावनी

संयुक्त हवाई सैन्य अभ्यासको जवाफ दिने उत्तर कोरियाको चेतावनी
प्योङयाङ । दक्षिण कोरियाको राजधानी सोलमा सोमबारदेखि सुरु भएको अमेरिका र दक्षिण कोरियाको संयुक्त हवाई सैन्य अभ्यासको उत्तर कोरियाले कडा शब्दमा विरोध गरेको छ । यी दुई देशको अहिलेसम्मकै सबैभन्दा ठूलो हवाई सैन्य अभ्यास सोलमा सोमबारबाट सुरु भएको छ । यो अभ्यास पाँच दिनसम्म चल्ने पनि बताइएको छ । उत्तर कोरियाले सो सैन्य अभ्यासको कडा शब्दमा विरोधगर्दै आफ्ना विरुद्ध लक्षित रहेको उक्त सैन्य अभ्यासको आफूहरु...

New challenges, opportunities ahead to resolve Syrian crisis

New challenges, opportunities ahead to resolve Syrian crisis
GENEVA: A fresh round of peace talks on Syria, the eighth of its kind, kicked off in Geneva, Switzerland, on Tuesday under the auspices of the United Nations, without the presence of one of the main parties, the Syrian government. However, the Bashar al-Assad government took an apparently last-minute decision to join the talks and a delegation on Wednesday. Inter-Syrian negotiations in the past ...