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Bloomberg Google’s plans for China are even more ambitious than previously understood. The internet giant is in talks with Tencent Holdings Ltd., Inspur Group and other Chinese companies to offer its cloud services in the world’s second-largest economy, according to people familiar with the discussions. The discussions began in early 2018 and Google narrowed partnership candidates to three firms in ...

Bloomberg Silicon Valley’s going old school. As tech companies like Facebook Inc. and Google vacuum up billions of dollars in online advertising, they’re pouring their own marketing dollars into billboards and other forms of outdoor signage. That’s driving growth in one of the oldest forms of marketing and is one reason why the category is the only traditional channel expected ...

Bloomberg After a weekend of claims by US President Donald Trump that he has the upper hand in the trade war with China, Beijing responded through state media by saying the nation is ready to endure the economic fallout. China is prepared for a “protracted war” and doesn’t fear sacrificing short-term economic interests, according to an editorial in the nationalist ...

Bloomberg Japan is considering implementing daylight savings time in 2019 and 2020 to cope with the intense summer heat, after soaring temperatures this year cast doubt over the ability of the country to safely host the 2020 Olympics, the Sankei newspaper reported. The government and ruling parties are seeking to pass a bill this autumn, according to the report, which ...

ABU DHABI / WAM This year, the Year of Zayed, the August 6 marks the 52nd anniversary of the late Sheikh Zayed bin Sultan Al Nahyan’s accession as Ruler of Abu Dhabi. Since this momentous occasion, the UAE’s development journey began to take shape, with the Union forming shortly after on December 2, 1971, under the leadership of the Founding ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry has announced the opening of a representative office in India, which will be tasked with identifying new business opportunities for Chamber members, attracting Indian companies to Dubai and expanding bilateral trade and investment. The new office, located in Mumbai, is the second representative office to be opened by the ...

ABU DHABI / WAM Yahsat, a leading global satellite operator based in the UAE and wholly owned by Mubadala Investment Company, on Sunday completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya. The acquisition of the UAE’s first home grown satellite operator, Thuraya, is set to significantly expand Yahsat’s current satellite solutions portfolio ...

DUBAI / WAM The Emirates Central Cooling Systems Corporation (Empow-er), world’s largest district cooling services provider, announ- ced its sponsorship as a global partner in 5th World Green Economy Summit (WGES 2018). WGES will be held under the patronage of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on October 24 ...

Bloomberg Venezuela’s President Nicolas Maduro escaped unharmed in an attack by explosive-laden drones that wounded officers and sent soldiers fleeing during a military parade in Caracas. The incident, broadcast live on state television, occurred as Maduro spoke, flanked by his wife and defense minister. An explosion was heard and the 55-year-old autocrat was led off stage. Military personnel broke ranks ...

Bloomberg The Brexit negotiations are more likely to end in failure than in success, UK International Trade Secretary Liam Fox said, adding to a growing sense that Britain is heading for a messy divorce from the European Union. There’s a 60 percent likelihood of a no-deal outcome, Fox told the Sunday Times in an interview. He blamed the European Commission ...