Sunday 31 July 2016

Turkey's Gulen crackdown ripples far and wide

Barely 12 hours after a failed coup in Turkey, Somalia's cabinet met in Mogadishu to consider a request from Ankara to shut down two schools and a hospital linked to Fethullah Gulen, the Muslim cleric Turkey blames for the attempted putsch. Such is Turkey's sway in the Ho


Big tech companies defy the ‘law of large numbers’

Google parent Alphabet and e-commerce giant Amazon capped a blockbuster June quarter for the five biggest US tech companies as their dominance in key markets helped them defy the "law of large numbers". Apple, Microsoft Corp and Facebook, as well as Alphabet and Amazon,


New crop of robots to vie for space in operating room

Even though many doctors see need for improvement, surgical robots are poised for big gains in operating rooms around the world. Within five years, one in three US surgeries - more than double current levels – is expected to be performed with robotic systems, with surgeons


Non-Opec oil output decline rates speed up

Non-Opec oil field decline rates have accelerated to 5 per cent as a result of the impact on output from a 41 per cent or $285 billion reduction in global oil & gas capex from the 2014 peak, a Bank of America Merrill Lynch (BofAML) report said. This figure is higher than the


Lack of exercise costs world $67.5 billion a year

A study of one million people has found that physical inactivity costs the global economy $67.5 billion a year in healthcare and productivity losses, but an hour a day of exercise could eliminate most of that. Sedentary lifestyles are linked to increased risks of heart disease, d


‘Brexile’ urges Britons to seek fortune abroad

In the early hours of June 24, before most Britons woke up to the fact their country had voted to leave the European Union, Peter Parkinson watched the results from his mother's home in southeast England and decided that his future now lay in France. By 5 a.m., his friend Tom


Scientists caught off-guard by record temperatures

Record temperatures in the first half of 2016 have taken scientists by surprise despite widespread recognition that extreme weather events are becoming more frequent and intense, the director of the World Climate Research Programme said. The earth is on track for its hottest year


World's tallest are Dutch, Latvians: 100-year study

Dutch men and Latvian women are the planet's tallest people but Iranian men and South Korean women have grown the fastest in the last century, according to the largest ever study of height around the world. Americans, once among the world's tallest people, have dropped fr


Mideast M&A steady in Q2 despite global decline

The Middle East M&A activity remained steady during the second quarter (Q2) of 2016, despite a drop of 33 per cent drop in global cross-border deals compared to the same period of 2015, a report said. The Middle East also saw an increase in both inbound and outbound cross-reg


Turkish president gains upper hand in power struggle

At the crossroads between a divided Europe and a convulsed Middle East, Turkey is caught in a power struggle between former Islamist allies which is shaking democratic institutions and raises questions about its future path. Since a failed coup on July 15, the ruling Justice and

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