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Bloomberg IBM’s one-quarter growth streak is already in doubt. Shares of the technology company fell in early trading after it reported narrower profit margins and no revenue growth, excluding help from a weak US dollar. That cast a shadow over an effort to sell more-profitable cloud-based software to revive growth after five years of revenue declines. Though heading in the ...

Bloomberg Facebook Inc. is starting to comply with new privacy rules in Europe. And then, to get ahead of scrutiny everywhere else, the company said it will provide the same protections to the rest of its 2 billion users. Users in Europe this week will get notifications about some of the information they’re sharing, like their religion and political views, ...

Bloomberg US Supreme Court justices signalled they are divided about whether to let states start collecting billions of dollars in sales taxes from internet retailers that don’t currently charge tax to their customers. Hearing arguments in Washington in a South Dakota case, the justices considered overturning their 1992 ruling that made much of the inte-rnet a tax-free zone by exempting ...

ABU DHABI / WAM | Emirates Business Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, on Tuesday launched the 12th Cityscape Abu Dhabi 2018 exhibition, which is ...

BUCHAREST / WAM The UAE-Romania Joint Committee on Tuesday held its first ministerial meeting in the Romanian capital, Bucharest. The meeting was chaired by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, and by Teodor Melescanu, Minister of Foreign Affairs of Romania. The meeting featured the presence of several high officials from the Government of Romania including Danut ...

Dubai / Emirates Business The automotive and spare parts companies operating in DP World’s flagship Jebel Ali Free Zone (Jafza) recorded business worth AED 39.5 billion in 2017. DP World, UAE region held a forum for automotive companies to celebrate the close ties with the industry and to highlight the sector’s position as a cornerstone of business growth in Jafza. ...

Abu Dhabi / WAM The Zayed Future Energy Prize has been renamed as the ‘Zayed Sustainability Prize’ as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the ...

WEST PALM BEACH, Florida / Reuters US President Donald Trump and Japanese PM Shinzo Abe were expected to seek common ground on how to deal with North Korea’s nuclear challenge amid fears in Tokyo that Trump might be prone to make too many concessions. Abe is due to arrive at Trump’s Mar-a-Lago retreat in Palm Beach, Florida, on Tuesday for ...

Bloomberg China will impose temporary anti-dumping deposits on US sorghum imports from Wednesday, adding to trade tensions between the world’s biggest economies. Soybean meal futures climbed on concerns the oilseed could be targeted next. Imports will incur a 178.6 percent duty, China’s Ministry of Commerce said in a preliminary ruling. That’s in compliance with domestic law and World Trade Organization ...

Bloomberg India’s southwest monsoon, which waters more than half of the country’s farmland and is crucial for growth in Asia’s third-largest economy, is expected to be normal this year. Annual rain between June and September is likely to be 97 percent of a 50-year average, the India Meteorological Department said. The forecast has a margin of error of 5 percent, ...