Marc Antaki

16 Flips | 7 Magazines | 7 Following | 2 Followers | @MarcAntaki2014 | Keep up with Marc Antaki on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Marc Antaki”

How Putin Is Surviving Lost Oil Revenue

In assessing Russian President Vladimir Putin's ability to stay in power and defy the West, one crucial question is how much longer his government's …

OPEC close to crushing US oil boom

by Grant Smith<p>After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of choking off growth in US crude …

This nuclear power deal with China is one of the maddest ever struck

The grand kowtow continues its humiliating progress today, but beggars can’t be choosers. The Queen and all her family – good grief, even the Duke of York – are rolled out as the golden words flow. Britain always risks being a figure of fun as it grasps at the coat-tails of the great powers: enough …

Asia Pacific

China's Xi seals nuclear power deal as part of $62 billion splurge in Britain | Reuters

LONDON (Reuters) - Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain, crowning a visit that Prime Minister David Cameron hopes will unleash a wave of investment from the world’s second largest economy.<p>China's President Xi Jinping is …

Environmentalism

China is home to two-thirds of the world’s self-made female billionaires

“Women hold up half the sky,” so goes one of Mao Zedong’s most famous lines. Now women are starting to hold a larger chunk of the world’s wealth, especially in China.<p>According to the research institute Hurun, eight out of 10 of the world’s richest self-made women come from China. Two-thirds of all …

China

US and UK diverge on China, Walmart’s embarrassing climbdown and the floating city in the sky

While the UK is busy feting Xi Jinping during the Chinese leader’s pomp-filled state visit, the US is fretting that perhaps its biggest ally is …

The Chinese firms opening factories in India

<b>Bright red Elmo stuffed toys are everywhere. Some are being sewn, others are having their batteries tested, and some more are being packed into neat little boxes.</b><p>The toys, based on the character from the TV show Sesame Street, are, as is often the case, being made by a Chinese firm for export to …

India

Oil drops to a nearly 3-week low as crude supplies jump

Oil futures settled at their lowest level in nearly three weeks on Wednesday after U.S. government data revealed a jump in weekly crude supplies, …

A brutal IMF assessment says most of the Middle East can sustain low oil prices for 'less than five years'

It's a brutal assessment of the slowing growth and the destabilising effect of low oil prices. Though the plunging costs of energy have been a positive thing for consumers in much of the world, that cash boost is effectively taken straight from the pockets of finance ministers in the Middle …

Putin Officials Said to Admit Real Syria Goal Is Far Broader

As Russia’s air war in Syria nears its fourth week, officials now admit that Moscow’s aim is far broader than the publicly announced fight against …

Middle East

Ho Ching returns to Temasek in late October

SINGAPORE: Temasek Holdings Chief Executive Officer and Executive Director Ho Ching will return from her six-month part-time sabbatical in late …

Ex-Motorola CEO Sanjay Jha named GlobalFoundries chief

The man who oversaw Google's buyout of Motorola Mobility will now be in charge of the international chip manufacturer.<p>Mobile veteran Sanjay Jha has been named the new chief executive officer of chipmaker GlobalFoundries. Jha is the former CEO of Motorola Mobility and also previously served as the …

Motorola

Globalfoundries' $6 billion New York chip plant waits for Apple

Apple could turn upstate New York into a global chipmaking hot spot if its rumored discussions with Globalfoundries bear fruit.<p>Build it and Apple will come?<p>Globalfoundries has a spanking-new $6 billion semiconductor plant/campus (though, when an additional development center is construced, will be …

New York State

Twist: IBM to pay GlobalFoundries $1.5B to offload its chip business

In an unusual move, IBM will pay GlobalFoundries to take the chip business off its hands -- rather than GlobalFoundries paying IBM for the operation.<p>IBM has made a seemingly odd decision in order to ditch its chipmaking business.<p>IBM will hand over to GlobalFoundries its semiconductor manufacturing …

IBM

CORRECTED-Mubadala GE Capital says to sell most assets to MidCap Finco | Reuters

(Corrects to say MidCap Financial is based in Bethesda, Maryland, not Chicago)<p>DUBAI, Oct 1 (Reuters) - Mubadala GE Capital, a joint venture between Abu Dhabi state fund Mubadala and General Electric’s finance business, said on Wednesday it had agreed to sell most of its assets including those held …

IT