TAIPEI The head of Foxconn, the world’s largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable. Terry Gou, chairman of Foxconn, formally known as Hon Hai Precision Industry Co, warned that uncertainties for this year make it tough to have a very clear analysis and outlook, but he said it was clear politics would […]
A president-elect’s Cabinet choices provide an early and often-illuminating marker of where the new administration is headed in both tone and policy. The confirmation process is an enduring slice of Washington Kabuki theater, complete with contentious hearings and the thrust-and-parry of politicians scurrying to make their partisan points. But even by the usual standards, Donald Trump’s Cabinet-level selections and their hearings are displaying a stunning level of […]
A little-remarked shift of how the cloud is used and who uses it is well underway – and it could be music to your ears. Low-hanging fruit When cloud services first started, and for some considerable time afterwards, cloud services providers concentrated, quite naturally, on the low-hanging fruit. The battleground was centred around key but generic applications such as email, office productivity and storage, which quickly became […]
Dubai Opera will host the 2017 Professional Squash Association (PSA) Dubai World Series Finals in June, the first sporting event to be staged at the cultural arena. The PSA Dubai World Series Finals tournament is the pinnacle of the international squash season and sees the world’s top eight male and female ranked players compete to determine who will lift the final title of the 2016/17 season, and […]
21 January 2017 Dubai – LABTEC LLC, a leading player in design, manufacturing, installation and commissioning of laboratory furniture and a part of Masharie LLC – a subsidiary of Dubai Investments PJSC, has won projects worth AED 11 million in the UAE and Eritrea to supply and installation of laboratory furniture and fire-rated doors. The new projects won by LABTEC include an AED 6.6 million contract for […]
By Pamela Barbaglia and Arno Schuetze | LONDON/FRANKFURT LONDON/FRANKFURT U.S. banks Morgan Stanley (MS.N) and Citigroup (C.N) have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters. Morgan Stanley, which bases the bulk of its European staff in Britain, will have to move up to 1,000 jobs in sales […]
For hundreds of years, fishing and pearl diving were vital to the people who lived around the Arabian Gulf. Along with trade, it was these two activities that allowed communities to flourish in the days before the discovery of oil. While pearl diving is largely a thing of the past, fishing remains a major industry – perhaps too major. Like many other seas, the Arabian Gulf is […]
January 22, 2017 by: George Parker, Political Editor Theresa May will urge Donald Trump not to undermine European unity when she meets him in Washington within days, insisting that Britain sees a strong EU as a crucial partner on both economic and security issues. The White House announced on Saturday that Mrs May would meet with Mr Trump on Friday, making her the first foreign leader to […]
The head of Dubai’s Roads and Transport Authority (RTA) has inaugurated its new smart rental service, described as the first of its kind in the Middle East. The service enables customers, especially public transport users, to rent cars for short periods not exceeding six hours via smart apps. The RTA said it has contracted with U drive and ekar to operate 200 vehicles (100 each) at a […]
When it comes to the future of bitcoin, the “holy grail” has emerged as becoming the first to have a bitcoin ETF approved by the SEC. Over three years ago, in 2013, the company of the Winklevoss twins, Cameron and Tyler, Winklevoss Capital Management LLC, launched the first proposed bitcoin ETF, the Winklevoss Investment Trust, looking to trade on the HFT-dominated BATS exchange. The SEC is expected […]
DUBAI Iranian rescuers have removed three bodies from the rubble of a high-rise building in Tehran that collapsed after a fire, a fire department spokesman said on Saturday, as hopes of finding survivors trapped beneath the shopping mall were fading. “Because of rekindling fires and the extreme heat…, we feel that it is unfortunately unrealistic that anyone would survive, although our hope is that some may come […]
By Nandita Bose and Siddharth Cavale | CHICAGO CHICAGO U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins. An analysis of two important indicators of retail profitability, gross margins and operating margins, shows retailers like Kohl’s Corp (KSS.N), JC Penney Co Inc (JCP.N), Macy’s Inc (M.N) and Target […]
Beware the delusions of an aggravated man. Of all the fantasies perpetrated in Donald Trump’s joyless rant of an inaugural speech, none was more preposterous than the self-casting of the man in the golden elevator as Defender of the People. The president’s crusade for Joe and Jane Sixpack will commence with an immense tax cut for the rich and, should Family Sixpack have any pre-existing health problems […]
[Latest update: January 21, 2017. This article has gone through multiple revisions since its first publication in late 2014. This content is based on the most recent public release of Windows 10, version 1607.] This article covers the most common scenarios you’re likely to encounter when installing, reinstalling, and activating Windows 10. Is it still possible to upgrade a PC to Windows 10 from Windows 7 or […]
Dubai Chamber of Commerce and Industry saw its network of members grow by 9 percent, or 16,800 companies in 2016, bringing the organisation’s total membership to 201,000 by the end of the year. The increase strengthens the Chamber’s position as one of the largest membership-based chambers of commerce in the world, it said in a statement. It said the total value of members’ exports and re-exports amounted […]
21 January 2017 Abu Dhabi, UAE: Middle East Sulphur 2017, a new conference held from February 12-16, will highlight the ever-growing value of the commodity regionally and beyond. Often viewed as a by-product of the oil and gas industries, sulphur is now coming to the fore as its versatility and potential is realised by business leaders around the world. Sulphur is also the primary source in producing sulphuric […]
By Jeff Mason and Warren Strobel | WASHINGTON WASHINGTON On the first full day as U.S. president, Donald Trump will head to CIA headquarters on Saturday, signaling an effort to mend fences after he slammed spy agencies for their investigation into Russian hacking during the presidential election. Trump engaged in an unprecedented feud with the CIA and U.S. intelligence agencies before his inauguration, but his spokesman Sean […]
Microsoft is poised to lay off 700 people the week of January 22, according to a Business Insider report. While Microsoft officials declined to comment on the report, I’ve heard from my contacts that it is correct. The 700 employees who are in line to be let go this coming week — the same week Microsoft is reporting its fiscal 2017 second quarter earnings — are part […]
Almost 40 years ago, German audio specialist Sennheiser set its engineers an ambitious task: to create the world’s best headphones, irrespective of cost. By 1991, the task was complete and the legendary Orpheus HE90 launched for sale with a price tag of $16,000 – about $28,000 in today’s currency. Fast-forward two decades, and Sennheiser has done it again. Its updated version of the HE90, the Orpheus HE1, […]
By Catherine Ngai and Liz Hampton | HOUSTON HOUSTON Commodities trader and investor TrailStone Group has purchased Cargill Inc’s gas and power trading group, three sources familiar with the deal said this week. The move, first reported by Sparkspread, comes amid a reshuffling in the power and natural gas industry as private equity firms and hedge funds pour into the space, filling a void left by banks […]
But not everywhere. Pockets of celebration broke out here and there, in places where Mr. Trump’s nationalist message matched local stirrings, and his promise of friendlier relations with President Vladimir V. Putin of Russia and a harsher approach to Islamic terrorism were eagerly embraced. Photo A participant at the European Trump Society event reading “The Trump Doctrine” by Borislav Cekov, a founder of the group. Credit Boryana […]
By Emily Stephenson and Scott Malone | WASHINGTON WASHINGTON Large crowds of women, many wearing bright pink knit hats, poured into downtown Washington by bus, train and car on Saturday for a march in opposition to U.S. President Donald Trump only a day after the Republican took office. The Washington event was expected to be the largest of a series of marches across the world in cities […]
While tech titans such as Google, Uber, and Apple along with almost every auto maker on the planet have poured resources into the development of autonomous vehicle technology, online retail giant Amazon has been relatively quiet on that front. But a recently approved patent shows the Seattle-based company could be ready to make a big move in the autonomous vehicle space. The patent doesn’t suggest […]
· Global security and fire safety leader to showcase solutions from recently-acquired Xtralis, a pioneer in early fire and intrusion detection technologies · Honeywell to host seminars and workshops for industry stakeholders, experts to discuss market trends, latest technologies and regional best practice 21 January 2017 Dubai, United Arab Emirates – In response to growing demand for smarter, more connected security systems across the Middle East, Honeywell (NYSE: HON) will […]
