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LG, Dolby unveil advanced Blu-ray player

  Dubai / Emirates Business LG Electronics (LG) and Dolby Laboratories, Inc. (NYSE: DLB) announced the LG UP970 Ultra HD Blu-ray player, LG’s first 4K Blu-ray player which will support Dolby Vision high-dynamic -range (HDR) imaging. LG’s UP970 Ultra HD Blu-ray player delivers a more immersive and vivid viewing experience than ever before. Leveraging the HDR technology that powers Dolby’s ...

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Microsoft veteran to help run Chinese search giant Baidu

  Bloomberg Baidu Inc. has appointed former Microsoft Corp. executive Qi Lu its group president and chief oper- ating officer, granting the software industry veteran oversight over all aspects of the Chinese search giant’s business from sales to technology development. Lu, an architect of Chief Executive Officer Satya Nadella’s strategy for artificial intelligence and bots at Microsoft, will take up ...

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Saudi to launch $30-50bn renewable energy programme

  ABU DHABI / Reuters Saudi Arabia will launch a renewable energy programme in coming weeks that is expected to involve investment of between $30 billion and $50 billion by 2023, Energy Minister Khalid al-Falih said on Monday. Falih, speaking at an energy industry event in Abu Dhabi, said Riyadh would start the first round of bidding within weeks for ...

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National Media Council to set up UAE pavilion at EXPO 2017 Astana

  ABU DHABI / WAM The National Media Council will start work on the design and installation of the UAE pavilion in February at the EXPO 2017 Astana, in Kazakhstan, after it received the site from the organising committee. The expo, themed ‘Future Energy’ will be held from June 10 to September 11 in the capital city of Astana. The ...

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Abu Dhabi Ports launches HSE award

  ABU DHABI / Emirates Business As part of its efforts to reinforce safety practices in workplace, Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial and community ports as well as Khalifa Industrial Zone, has launched a health, safety and environment (HSE) award. Aimed at recognising the contributions of individuals, government and private entities and ...

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Trade finance in DIFC surges

  DUBAI / WAM The Dubai Financial Services Authority (DFSA) published a Trade Finance Report detailing key findings of a review of trade finance activities carried out in and from Dubai International Financial Centre (DIFC). The review assessed the quality of systems and controls, in particular measures to mitigate trade-based money laundering risks, at banks and other financial service providers ...

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How economists can stay relevant under Trump

  Economists are going to have to approach things a bit differently if they want to stay relevant in the Trump age. Political economy research is going to become more important. Some humility wouldn’t hurt. And they should look someplace other than the federal government to test their ideas. This is what I took away from this past weekend’s American ...

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Believing in India’s solar mission takes a leap of faith

  The sun’s energy is free, but the capital required to harness it must earn a fair return. Try telling that to the gung-ho bidders for India’s utility-scale solar power projects. Auction prices will fall below 4 rupees (6 U.S. cents) per kilowatt-hour this year, Bloomberg News reports. The record low 2016 bid was 4.34 rupees. A 60 percent drop ...

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Lost his mind not gun rights

  There is no federal law against mentally unstable adults possessing a firearm in the US Psychotic episodes, recurring delusions, illnesses such as paranoid schizophrenia or dementia: None of these disqualify Americans from buying or owning guns. Only someone who has been officially declared “mentally defective,” or who has been involuntarily committed to a mental institution, is prohibited. That helps ...

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Paris talks reaffirm two-state solution

  More than 75 countries and international organisations gathered in Paris to discuss the ways for a long-lasting peace between Palestinians and Israelis. It was the last significant gathering before Obama exits White House. The attendees at the international meet see the creation of the Palestinian state as the only acceptable solution to the Israeli-Palestinian conflict. The meet manifests the ...

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