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Toyota raises profit forecast as trade tension looms

  Bloomberg Toyota Motor Corp. raised its full-year forecasts — albeit falling short of analysts’ estimates — as the carmaker sought to navigate rising protectionism under US President Donald Trump and as the yen’s volatility weighed on prospects for exports of its Prius and Lexus models. Operating profit will probably be 1.85 trillion yen ($16.4 billion) in the year through ...

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Flying cars closer to reality

  WASHINGTON / AP Even before George Jetson entranced kids with his cartoon flying car, people dreamed of soaring above traffic congestion. Inventors and entrepreneurs have long tried and failed to make the dream a reality, but that may be changing. Nearly a dozen companies around the globe, including some with deep pockets such as European aircraft maker Airbus, are ...

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Hybrid cloud opens big propspects for UAE firms

  Richard Agnew / special to Emirates Business Hybrid cloud is set to be one of the biggest, most valuable technology opportunities for enterprises in UAE in 2017 and looking ahead over the next few years. To take advantage of this opportunity enterprises must apply the same principles they utilise in maintaining multiple data centres to data storage in the ...

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