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Bloomberg Investors hunting for clues to the iPhone X’s reception can take a deeper look at its main manufacturing partners. And the latest doesn’t look good. Apple Inc.’s five largest device assemblers reported a sharp slowdown after peaking at the end of last year, suggesting demand for the high-end device may have faded just a quarter after its release. While ...

Bloomberg Alphabet Inc. is pushing efforts to roll back the most comprehensive biometric privacy law in the US, even as the company and its peers face heightened scrutiny after the unauthorised sharing of data at Facebook Inc. While Mark Zuckerberg and Sheryl Sandberg were publicly apologising this month for failing to protect users’ information, Google’s lobbyists were drafting measures to ...

Bloomberg SAP SE increased its sales outlook for the year to reflect a major acquisition and an accelerating cloud business, as Europe’s biggest software company benefited from increased global IT spending. New cloud bookings, a keenly watched metric because it indicates future sales growth, grew 25 percent at constant currencies in the first quarter, the Walldorf, Germany-based company said on ...

Bloomberg After two weeks of convulsions caused by US sanctions against United .Co. Rusal, the metals market was braced for more mayhem: many traders were betting the Russian aluminum giant was just days away from having to shut plants from Sweden to Jamaica. Then, the US Treasury threw a potential lifeline by making clear it’s not pushing for the company’s ...

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, stressed the importance of keeping abreast of the latest transformations and adoption of creative solutions in the energy industry. Speaking with a delegation from the Department of Energy in Abu Dhabi (DoE), and its ...

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Chairman of the Education and Human Resources Council, presided over the first meeting of the Higher Education and Private Sector Council, an initiative formed under the ‘Relevance’ pillar of the National Higher Education Strategy, which was approved by the UAE ...

Abu Dhabi / Emirates Business HE Mohammad Ashraf Ghani, President of Afghanistan, inaugurated the Abu Dhabi Fund for Development (ADFD) financed Sheikh Khalifa bin Zayed City Housing Complex in Afghanistan. Located in the Qasaba district of Afghanistan’s capital Kabul, ADFD contributed an estimated AED708 million to the social housing development project. HE Mohammed Saif Al Suwaidi, Director General of ADFD, ...

Dubai / WAM The governments of the UAE and India on Monday announced the launch of a new strategic partnership focused on skills development and mutual recognition of qualifications. The partnership was launched at a forum in Dubai, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), supported by the UAE’s Ministry of Human Resources and Emiratisation ...

Bloomberg The latest Group of Seven (G7) meetings have begun with a focus on Russia’s actions in Ukraine, an issue Canada’s foreign minister knows well. Chrystia Freeland, a lawmaker of Ukrainian descent who is banned from Russia, kicked off the meeting of foreign ministers by hosting them for brunch — waffles, eggs, a cake, served by her children in her ...

Bloomberg A smartphone in India cost more than $200 just two years ago. Now you can get a decent phone for nothing but a refundable deposit of $23. Data packages are cheap, and a startup company even throws in free voice calls for life. For this, consumers can thank Mukesh Ambani, a 61-year-old petrochemicals titan who is the country’s richest ...