Blog List Layout

  Bloomberg The software industry went on a shopping spree in 2016, and this year could be even busier, bolstered by the new president’s policies and what one analyst suggests could be a major deal by Google. The value of software deals in 2016 topped $115 billion for acquisitions closed or pending, according to data gathered by Bloomberg. That’s up ...

  Bloomberg Planet Labs Inc., a startup that launches small satellites into orbit and sells the imagery, is acquiring the Terra Bella satellite business of Alphabet Inc. in a bid to take on larger industry incumbents. In return, Alphabet’s Google is taking a stake in the startup. Google has also agreed to purchase satellite images captured by Planet in a ...

  WASHINGTON / AP A federal appeals court denied early Sunday the Justice Department’s request for an immediate reinstatement of President Donald Trump’s ban on accepting certain travelers and all refugees. The Trump administration appealed a temporary order restraining the ban nationwide, saying late Saturday night that the federal judge in Seattle overreached by “second-guessing” the president on a matter ...

  Bloomberg Screams alerted Dadasaheb Vidhate to the fire trapping three of his children in the family’s thatched-roof hut in rural India. “Neighbors rushed to help douse the fire, but we couldn’t save anyone,” Vidhate, 45, said of the blaze four years ago, which he blames on an overturned kerosene lamp. “My children were burned alive before my eyes.” With ...

  JOHANNESBURG / AP Wildlife traffickers in a major African park have been offering rewards for a full lion carcass, raising concerns that poachers are increasingly targeting a vulnerable species because of demand in some Asian countries for lion bones used in traditional medicine. The report from Mozambique’s Niassa National Reserve comes amid debate about whether the legal, annual export ...

  Bloomberg To Nguyen Tan Phong, a farmer in Vietnam’s Mekong Delta, the foreign-owned paper mill built upriver from his catfish ponds was an ecological disaster waiting to happen. Phong feared a repeat of last year’s toxic spill from a steel plant owned by Taiwan’s Formosa Plastics Corp. that devastated central coast fishing communities and cut annual economic growth by ...

  Bloomberg Chinese-owned Key Safety Systems Inc. has emerged as the leading bidder for Takata Corp., the embattled air-bag maker that’s seeking a buyer after causing the biggest safety recall in automotive history. An external committee appointed to spearhead Takata’s restructuring recommends Key Safety, the Tokyo-based supplier said in a statement, adding that no final decision has been made. Key ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Sameh Shoukry, Foreign Minister of the Arab Republic of Egypt, who is currently visiting the country, at Qasr Al-Shati (Beach Palace) on Saturday. Sheikh Mohamed welcomed Egyptian Foreign Minister and discussed ways ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Sameh Shoukry, Foreign Minister of the Arab Republic of Egypt, in his office at the ministry here on Saturday. During the meeting, they discussed bilateral co-operation between their countries and ways to strengthen it, besides exchanging views on the latest ...

  Dubai / WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the fifth edition of the World Government Summit (WGS 2017), the world’s largest platform for shaping future governments, is set to launch on February 12. The summit will host in its upcoming edition ...