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Apple ups privacy controls in growing spat with Facebook

Bloomberg Apple Inc. executives rarely call out Facebook Inc., but they made more moves to limit the social network’s data collection. In iPhone, iPad, and Mac software updates later this year, Apple’s default Safari web browser will show a pop-up window asking users for permission before loading share buttons from social networks including Facebook. These buttons make it easy to ...

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UK must get on with Brexit plans: Businesses

Bloomberg UK businesses told Prime Minister Theresa May to get on with taking key Brexit decisions as companies start putting their contingency plans in place, according to a person at a meeting at her London office. May gathered leaders of companies ranging from aerospace to retail along with Chancellor of the Exchequer Philip Hammond and Brexit Secretary David Davis for ...

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Qualcomm unveils new chip, ‘free data’

Bloomberg Qualcomm Inc, the biggest maker of semiconductors for smartphones, unveiled a new chip, said Samsung Electronics Co. is already on board as a customer, and offered free wireless data for devices based on the processor — all part of a push to get its mobile technology into the computing market dominated by Intel Corp. Samsung is committed to offering ...

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Italy’s Conte promises populist agenda, urges strong Europe

Bloomberg Italian Prime Minister Giuseppe Conte pledged in his maiden speech that his government will push through populist measures ranging from a “citizen’s income” for the poor to tax cuts and curbs on immigration, as he called for a stronger, fairer Europe “to prevent its decline.” Speaking in the Senate before a confidence vote, the 53-year-old lawyer with no political ...

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‘Zayed a role model for humanitarian assistance’

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has said that the memory of the late Sheikh Zayed bin Sultan Al Nahyan is a milestone in the history of the UAE, as he was an exceptional ...

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Gulf Craft strengthens their team for growth

Dubai / Emirates Business Gulf Craft appointed Gregory Yeakle to be their new Chief Executive Officer. One of the world’s largest luxury ship builders, Gulf Craft is based in the UAE. The group has grown into a leading global business over the course of the past 37 years. He succeeds Erwin Bamps who held the position for the past four ...

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ADGM Reglab attracts 36 local, global FinTech applications for its 3rd cohort

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has successfully concluded its 3rd round of applications for its Regulatory Laboratory (Reglab) programme with a total of 36 local and international new FinTech innovators offering potential solutions for the financial and small-medium enterprise (SME) sectors in the Middle East and Africa region. The ...

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Emirates to launch daily A380 services to Osaka

Dubai / Emirates Business Emirates, the world’s largest international airline, will introduce regular scheduled commercial Airbus A380 services to Osaka (KIX) in Japan on October 28. The deployment of the double-decker aircraft represents a capacity increase of 38%, and means that travellers will enjoy the comfort of an A380 to and from two Japanese gateways, as the flagship aircraft already ...

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Toshiba ex-chip unit targets acquisitions enroute an IPO

Bloomberg Toshiba Corp.’s former memory chip business, acquired this month by a group led by Bain Capital, intends to pursue acquisitions as it prepares for an initial public offering in three years. Toshiba Memory Corp. intends to rely on its own cash flow to sustain capital spending at a pace of hundreds of billions of yen a year, Yuji Sugimoto, ...

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Macquarie fund bets on revival of shipbuilders in S Korea

Bloomberg Park Hong-sik, a fund manager who correctly predicted the rally of South Korean technology stocks in 2017, has a new bet for this year: Shipbuilders. Four of the world’s five best-performing major shipbuilders this year are from South Korea, including Daewoo Shipbuilding & Marine Engineering Co., which has rallied 94 percent, according to the Bloomberg Intelligence Asia Shipbuilding Valuation ...

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