Bloomberg As it firms up plans to upend the auto industry, Apple Inc. is looking toward British carmaker McLaren and San Francisco-based startup Lit Motors for help. Both would give Apple some of the know-how needed to compete head to head against or forge a meaningful partnership with automakers. Yet the two companies exist on opposite ends of the …

  Bloomberg A teardown of the latest generation iPhone 7 shows that in terms of material costs, the new handset is not a rip off. According to the customary IHS teardown that follows the launch of any digital object of desire, if the cost of the latest iPhone were based purely on its materials plus the labor required to put …

  Reuters Stocks in the Gulf rallied on Thursday, taking their cue from global shares after the Federal Reserve left U.S. interest rates unchanged and indicated a slower pace of future hikes. Dubai’s main index was the top gainer among its regional peers, jumping 2.0 percent in the most active trade of the week as nine-tenths of the traded shares …