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Hon Hai chairman to increase focus on AI, IoT

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 ...

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Trudeau sees ‘clear path forward’ on Nafta despite big impasses

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 ...

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UK’s Amazon craze puts retailers at breaking point

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 ...

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Trinity Mirror buys rival UK tabloids for $177mn

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 ...

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Mohamed, Modi seek to boost cooperation

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the UAE, and Narendra Modi, the Prime Minister of the Republic of India, discussed on Saturday boosting strategic cooperation between the two nations as well as a number of regional and international issues of ...

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UAE-French ties a shining model for relations based on trust, respect

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 Edouard Philippe, Prime Minister of France, who is currently on a visit to the UAE, in Abu Dhabi on Saturday. His Highness Sheikh Mohamed bin Zayed welcomed the French Prime Minister and discussed ...

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We seek to harness all resources to achieve aspirations of Emiratis

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has affirmed that the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, to ensure the protection and development of society is vital for the ...

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UAE-France Cultural Dialogue 2018 launched

Abu Dhabi / WAM A new cultural initiative, UAE-France Cultural Dialogue 2018, has been announced on Saturday that will endeavour to continue to strengthen the long-standing and fruitful relationship between the two countries. This ongoing affiliation was reaffirmed during the inauguration which took place at the Louvre Abu Dhabi, a creative impetus which reflects strategic partnerships, a strong economic bond ...

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Riad Al Sadek awarded honorary doctorate

Dubai / Emirates Business Birzeit University, in a ceremony held under the patronage and in the presence of His Highness Sheikh Nahyan bin Mubarak Al Nahyan, the UAE Minister of Tolerance, who has conferred the Doctorate Honoris Causa to the Palestinian – Emarati businessman Riad T Al Sadek, for his great efforts in the social and economic development of the ...

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Kim Jong-un invites South Korea’s president to meet in Pyongyang

Bloomberg North Korean leader Kim Jong Un invited South Korean President Moon Jae-in to meet in Pyongyang, a dramatic gesture that may raise prospects for easing tensions on the Korean Peninsula. The invitation was verbally delivered by Kim’s sister, Kim Yo Jong, during a Saturday meeting at Moon’s presidential compound in Seoul a day after the opening ceremony for the ...

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