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South Korean investigators to again summon Samsung heir

  SEOUL / AP South Korean prosecutors investigating the corruption scandal involving impeached President Park Geun-hye said on Sunday that they plan to summon Samsung heir Lee Jae-yong again as they look into bribery allegations between Park and the country’s largest busi- ness group. Lee, the billionaire vice chairman of technology giant Samsung Electronics, will be summoned along with two ...

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Microsoft can pursue suit over US sneak-and-peek searches

  Bloomberg Microsoft Corp. persuaded a judge not to let the US government out of a lawsuit alleging the company’s free-speech rights are violated by a law that blocks it from alerting users to the clandestine interception of their e-mails. The judge said Microsoft has at least made a plausible argument that federal law muzzles its right to speak about ...

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New York Times offers free Spotify service to boost subscribers

  Bloomberg New York Times Co., looking for ways to persuade readers to pay for news, is working with Spotify Ltd. to give new digital subscribers to the newspaper free access to the world’s largest music-streaming service. Readers who buy one-year online subscriptions to the Times will also get unlimited access to Spotify’s premium service, which costs $120 annually, the ...

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Mohammed attends UAE President Endurance Cup

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the prestigious The UAE President Endurance Cup, held at the Emirates International E ndurance Village, Al Wathba, Abu Dhabi. Present at the 160-km ride was HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown ...

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Ajman Crown Prince reviews design for new AED2bn port

  Ajman / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, reviewed the designs and feasibility studies for the new AED2 billion Ajman port, located north of the current port in Zawara district, during a visit of the Ajman Port and Customs Department (APCD). The plan features a new deeper port with state-of-the-art infrastructure and more capacity ...

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SMC, Sharjah varsities team up to unlock creativity in students

  Sharjah / Emirates Business In an effort to enhance media content in the UAE, Sharjah Media Corporation (SMC) conducted a number of introductory meetings with universities in Sharjah to introduce students to its recently launched Abdee’ Award. The initiative saw a delegation from SMC meet representatives from Sharjah universities to shed more light on the Abdee’ Award, a scheme ...

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Trump weighs new immigration order as next legal moves unclear

  Bloomberg The White House sent conflicting signals about how it would address an appeals court ruling that halted President Donald Trump’s ban on U.S. entry by citizens from seven predominantly Muslim nations, and Trump said he may issue an entirely new immigration order to revise the ban. A White House aide first said late Friday that the administration would ...

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Japan makes big push for hydrogen fuelled cells

  Bloomberg Elon Musk may think hydrogen-powered vehicles are rubbish, but Toyota Motor Corp. and a cadre of Japan’s leading manufacturers are betting otherwise — and not just on cars. With the blessing of Prime Minister Shinzo Abe, Toyota is at the forefront of Japan’s efforts to use hydrogen and fuel cells to power cars, heat homes and keep factories ...

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China demand triggers iron ore boom

  Bloomberg Iron ore keeps getting told the end may be nigh: so far in 2017, the response has been that the end’s just another high. The raw material’s rally has been powerful enough to drive futures in China back to $100 a metric ton as spot prices trade at levels last seen in 2014. On the Dalian Commodity Exchange, ...

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Canada’s AAA rating on thin ice as US policies risk trade

  Bloomberg A Triple-Eh credit rating? For Canada, maintaining the trust of borrowers is a source of national pride, like winning the gold medal in Olympic ice hockey: hard-earned international validation of the nation’s skill, discipline and strong stewardship. But Fitch Ratings is warning that the country’s prized standing in the eyes of creditors may suffer because of protectionist measures ...

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