Uncategorized

  Bloomberg Samsung Electronics Co. underscored the resilience of its business when it reported its best operating profit in three years, weathering the death of its fire-prone Galaxy Note 7 with the help of its workmanlike chip and display divisions and cheaper smartphones. The world’s largest maker of mobile devices posted a 50 percent surge in quarterly operating profit after ...

  Bloomberg Goodix, a supplier of mobile chips to Amazon.com Inc. and major Chinese smartphone makers, plans to begin shopping abroad for semiconductor and software developers to gain an edge in an increasingly competitive market. The company wants to become the world’s biggest supplier of fingerprint sensors, Chief Executive Officer David Zhang said in an interview at the Consumer Electronics ...

  Bloomberg After six straight years of annual job gains topping 2 million, America’s labour market is as tight as ever, and it’s entering the next phase: an enduring pickup in wages. Average hourly earnings jumped by 2.9 percent in the 12 months through December, the most since the last recession ended in June 2009, according to the Labor Department’s ...

  Bloomberg Apple Inc.’s top executives saw their compensation fall last year while Chief Executive Officer Tim Cook had his biggest payout yet from his record 2011 award. Cook’s five top lieutenants received about $22.8 million each for 2016, according to a proxy statement. The pay packages included $2.8 million in salary and cash bonus, and $20 million in equity ...

  Dubai / WAM Passenger traffic at the Dubai international Airport registered an increase of 9.4 per cent in November 2016, according to the monthly traffic report issued today by operator Dubai Airports. The airport welcomed a total of 6,581,805 passengers in November compared to 6,013,911 passengers during the same month in 2015, an increase of 9.4 per cent. The year ...

  Abu Dhabi / WAM The Abu Dhabi Centre for Technical and Vocational Education and Training (ACTVET) will organise the Technical and Vocational Education and Training (TVET) Innovation Week from January 10-16 under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council. Launched to celebrate the achievements of TVET, the Innovation Week is the ...

  Abu Dhabi / Emirates Business Abu Dhabi Convention Bureau, a division of Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), made significant strides in bids to host a number of key conferences in the coming years. In total, the Bureau successfully submitted successful applications along with partners and stakeholders to host 14 conferences which are expected to attract ...

  Abu Dhabi / Emirates Business As part of its ongoing commitment to students and teachers around the world, Microsoft collaborated with leading education provider Aldar Academies to host a ‘Microsoft in Education Day’. Involving a day of edtech training, the event was organised to highlight the positive influence technology has in the classroom, and how it transforms teaching and ...

  ISTANBUL / AP Turkish police are closing in on the gunman who killed 39 people at an Istanbul nightclub, a senior official said on Thursday, insisting his possible whereabouts and contacts had been established. Turkish Deputy Prime Minister Veysi Kaynak told A Haber news channel in an interview that gunman who attacked Istanbul’s upscale Reina nightclub during New Year’s ...

  Bloomberg China’s third-biggest search engine expects to hold a US initial public offering at a valuation of as much as $5 billion as it raises cash to close the gap with leader Baidu Inc. in the mobile market. Sogou, whose name means “search dog,” plans to sell about 10 percent of its shares in an IPO that will probably ...