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Bloomberg Hon Hai Precision Industry Co. Chairman Terry Gou, best known for assembling Apple Inc.’s iPhones, plans to increase its focus on artificial intelligence and big data over the next few years as he seeks to transform the contract manufacturer into a more influential force in the global technology industry. Gou, at an annual gathering in Taipei for employees and ...

Bloomberg Justin Trudeau’s latest mission to bolster Nafta ended on an upbeat note, as the Canadian leader said there’s still a “clear path” to a deal while pushing back against US President Donald Trump. Trudeau capped a US swing in Los Angeles after stops in Chicago and San Francisco. During the trip he rejected the belief that trade deals see ...

Bloomberg Expedia Inc. shares tumbled the most in more than three months after outlining plans to spend a lot more in 2018, in an effort to modernize operations and bolster its short-term vacation rental unit. The company gave a forecast for 6 percent to 11 percent annual growth in earnings before interest, taxes, depreciation and amortization — a measure of ...

Bloomberg The UK is leading the way into an online-shopping future, and that has the country’s traditional brick-and-mortar retailers fighting for their lives. With 18 percent of retail sales taking place online in Britain, the stakes are even higher than in the US, where the comparable figure is 12 percent — and where department-store owner Bon-Ton Stores Inc has just ...

Bloomberg Norway’s economic recovery continued in the fourth quarter led by rising consumer spending and investments while a report showed inflation unexpectedly slowed at the start of the year. Mainland economic growth, which excludes oil and shipping, expanded by 0.6 percent in fourth quarter, down from a revised 0.7 percent in the prior period, Statistics Norway said in a statement. ...

Bloomberg Eurostar International Ltd. will link London with the Netherlands by rail starting April 4 in the biggest expansion of the Channel Tunnel express operator’s network since it commenced operations in 1994. Trains from the UK capital will take slightly over three hours to reach Rotterdam and a further 40 minutes before arriving in Amsterdam, Eurostar said. The company has ...

Bloomberg Trinity Mirror Plc is buying rival Express and Star tabloids for 126.7 million pounds ($177 million), a milestone deal as Britain’s declining print media outlets seek scale to adapt to the shift of readers and advertisers online. “In a world of big global digital platforms, in a challenged industry, scale matters,” Simon Fox, chief executive officer of the publisher ...

ABU DHABI / WAM The Dubai Electricity and Water Authority (DEWA) is participating as the Sustainable Energy Partner of the 6th World Government Summit (WGS). The Summit is held under the patronage of the Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, from February 11-13. DEWA will highlight ...

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of Sharjah Executive Council and Sharjah Innovation Council, lauded the development of the Innovation Week into an Innovation Month this year. Sharjah Innovation Month, to take place from February 15-21 as part of the UAE Innovation Month, will formally ...

DUBAI / Emirates Business UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced it has partnered with San Francisco-based Ripple to enable instant, seamless and real-time cross-border payments. This makes UAE Exchange the largest payment solutions provider in the Middle East to use Ripple’s blockchain technology to process payments globally in real time. Through this ...