Apple announced its newest iPhones, the 7 and 7 plus, which are water and dust resistant. Analysts say the new iPhones could help Apple recover modestly from a recent dip in sales. But with few expected dramatic changes from previous models, Apple watchers aren’t expecting the kind of big spikes in consumer demand that the company saw two years ago, when it introduced larger screens. Apple sold […]
The 53-year-old driver of a Tesla Model S electric car died Wednesday when the vehicle smashed into a tree in the central Dutch town of Baarn and burst into flames, police and firefighters said. Police are investigating the cause of the early morning accident in the town 40 kilometers (25 miles) southeast of Amsterdam and Tesla said in a statement it is helping. “Technical personnel are on […]
UAE. Asteco, the Middle East’s largest full service real estate company has released a special Cityscape report on the current status of the UAE real estate market revealing a general slowdown in all emirates, but highlighting marked differences between Abu Dhabi and Dubai. Dubai experienced a slow first six months, but for different reasons, with developers slowing the pace of project completions and handovers due to the […]
SAUDI ARABIA. Saudi Arabia’s non-oil private sector continued on its upward trajectory in August, with business conditions improving to the greatest extent in a year. Output and new business remained the key growth drivers – both rose sharply and more quickly than in July. Employment and input stocks also increased, with a number of companies looking to expand capacity in line with rising workloads. Meanwhile, price pressures […]
UAE. Change is the new normal for the global health care sector, according to Deloitte’s recent report entitled “2016 Global health care sector outlook – Battling costs while improving care”. As providers, payers, governments, and other stakeholders strive to deliver effective, efficient, and equitable care, they do so in an ecosystem that is undergoing a dramatic and fundamental shift in business, clinical, and operating models. This shift is […]
Despite dark conspiracy theories in Turkey linking the United States government to the military coup attempt on July 15, Turkish leaders see no signs of American complicity with the plotters, Deputy Prime Minister Numan Kurtulmus said on Tuesday. But Mr. Kurtulmus also said it was “the expectation of the people of Turkey” that the American judicial process would lead to the extradition of the person they regard […]
BEIRUT, Lebanon — As Muslims from around the world head toward Mecca for the annual hajj pilgrimage, Saudi Arabia and Iran have escalated their sectarian rivalry over which country represents the true Islam. Iran unleashed the first barb Monday, when the country’s supreme leader, Ayatollah Ali Khamenei, accused Saudi Arabia of deliberately killing pilgrims during last year’s hajj. He called for the world’s Muslims to reconsider Saudi […]
By Adam Jourdan and Paul Carsten | SHANGHAI/BEIJING SHANGHAI/BEIJING Judging by the volume of online chatter, there’s a lot less buzz in China ahead of this week’s expected launch of the new Apple Inc iPhone, and people on the street say they’re more likely to “wait and see” what the latest device offers than rush out to buy. Posts on China’s popular Sina Weibo microblogging site show […]
By Laurence Frost and Gilles Guillaume | PARIS PARIS Renault expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal. The sober reassessment was delivered at an internal meeting before the summer break. It shows how, a year after VW admitted engineering software to cheat U.S. […]
TEL AVIV — Eight months after the attack, the killer’s face hovered over Dizengoff Street again, full of menace and malevolence. On a giant outdoor screen, the killer, Nashat Melhem, talked about death and cursed the Jews as evening strollers passed by, a chilling voice from beyond the grave that was taped on his mobile phone before he opened fire on the crowds gathered here on New […]
MasterCard Inc said on Tuesday it had expanded its deal with payment processor PayPal Holdings Inc, which would allow customers to use PayPal’s payment services in stores. PayPal’s partnership follows a similar deal with MasterCard’s larger rival Visa Inc in July as the company looks to expand its payments network. PayPal will allow users to select a credit or debit card as the default payment method and […]
New research from Loughborough University has revealed many four-year-olds are not physically ready to start school. Early Years specialists in the University’s School of Sport, Exercise and Health Sciences tested 45 Foundation Stage children at two different schools and found a larger number than previously estimated are experiencing problems with balance and coordination that are impacting their ability to learn in class. Researchers used a range of […]
By Se Young Lee | SEOUL SEOUL Samsung Electronics Co Ltd (005930.KS) will replace all Galaxy Note 7 smartphones equipped with fire-prone batteries and halt sales of the flagship product in 10 markets, a devastating blow for what had been a revival in the firm’s mobile business. Koh Dong-jin, head of the South Korean company’s smartphone business, spoke at a news conference jam-packed with reporters and cameras […]
By Tom Bergin | LONDON LONDON Apple CEO Tim Cook has said he will appeal the European Commission’s ruling that his company received an unlawful 13 billion euro ($14.5 billion) subsidy when Ireland gave it preferential tax deals and that he was confident the decision would be reversed. But over a dozen lawyers, including three advising companies on appeals, told Reuters it was impossible to predict how […]
By Julia Love | SAN FRANCISCO SAN FRANCISCO Alphabet Inc’s (GOOGL.O) Google has suspended Project Ara, its ambitious effort to build what is known as a modular smartphone with interchangeable components, as part of a broader push to streamline the company’s hardware efforts, two people with knowledge of the matter said. The move marks an about-face for the tech company, which announced a host of partners for […]
Any Dropbox users who haven’t updated their passwords over the past four years should do so immediately because more than 68 million records from Dropbox accounts hacked in 2012 have now appeared online, the file sharing and online storage company said. First reported by Motherboard yesterday, the Dropbox files showing up online included both user email addresses and hashed passwords. The information appears to have stemmed from […]
Apple Says Several Billion Dollars Set Aside for U.S. Taxes Apple’s chief executive says the company has put aside “several billion dollars” to pay tax liabilities in the United States as it repatriates some of its huge overseas earnings. Tim Cook told Irish state network RTE in an interview broadcast Thursday that the money, part of profits from 2014, should be brought back to the U.S. next […]
Two new desktop PCs launched by HP today aim to fundamentally change the way users interact with their desktop devices. The Elite Slice is aimed squarely at the enterprise market and seems designed to function primarily as a tool for Skype meetings, while the Pavilion Wave appears to target Amazon’s Echo speaker system. “Today’s desktop customers want sleek, innovative and powerful designs that enable new experiences,” Mike […]
BRUSSELS The European Commission rejected on Thursday Apple’s criticism that an EU order to the company to pay back taxes to Ireland was political, noting the calculations were based on facts and Apple’s own data. In an interview with the Irish Independent, Apple Chief Executive Tim Cook on Thursday described the EU’s imposition of a 13 billion euro ($14.5 billion) back tax bill as “total political crap” […]
DUBAI // Charitable work by Al Jalila Foundation has received a boost with a US$1 million donation of software from Microsoft to help its humanitarian and healthcare programmes. The grant is part of Microsoft’s software donation programme to non-profit organisations to support charities as they work to serve the community and improve lives. Along with investing in medical education to improve the nation’s treatment capabilities, the foundation […]
DUBAI// An investor who embezzled more than Dh8.4 million from the Dubai Economic Department (DED) by tampering with online transactions has been jailed for two years In March last year, the 30-year-old Egyptian forged e-transactions after claiming to clients he could arrange discounts on issuing licences. He was aided by four other men, three Egyptians and one Syrian. He denied charges of forgery and fraud while the […]
DUBAI // A passenger who kissed an Emirates airline flight attendant as she posed for a selfie with him will spend three months in jail. Dubai Criminal Court convicted the 42-year-old Tanzanian of sexually assaulting the woman, a charge he denied in court in June. On April 22, the 25-year-old American air hostess reported the incident to police after the flight from Dar es Salaam, in Tanzania, […]
DUBLIN The European Union’s imposition of a 13 billion euro ($14.5 billion) back tax bill on Apple (AAPL.O) is “total political crap”, Chief Executive Tim Cook said in a newspaper interview on Thursday, and anti-U.S. bias may have played a role. But in a separate radio interview he vowed to boost Apple’s tax payments by repatriating billions of dollars in global profits to the United States next […]
DUBLIN Apple expects to repatriate billions of dollars of global profits to the United States next year, Chief Executive Tim Cook said in a radio interview on Thursday, but did not specify exactly how much would be returned. Apple was found to be holding over $181 billion in accumulated profits offshore, more than any U.S. company, in a study published last year by two left-leaning nonprofit groups, […]
