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ZTE aims to launch 5G smartphone in US by early 2019

Bloomberg Chinese smartphone maker ZTE Corp. aims to launch a smartphone with faster 5G internet capabilities in about a year, according to Lixin Cheng, chief executive officer of the company’s mobile device business. The device would be introduced in the US at the end of 2018 or early 2019, Cheng said in an interview with Bloomberg News. Plans may change ...

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US criticises Alibaba again for selling fakes online

Bloomberg Alibaba Group Holding Ltd. was cited again as a marketplace for fakes on a US blacklist, another sign of increasing tension between the US and China. The Office of the US Trade Representative included Alibaba’s Taobao online marketplace on its list of “Notorious Markets,” citing a high volume of reported counterfeiting and piracy. The agency acknowledged steps Alibaba has ...

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Dubai, Tatarstan deal to enhance ‘Islamic economy’ cooperation

DUBAI / Emirates Business The Dubai Islamic Economy Development Centre (DIEDC) on Sunday announced the signing of a Memorandum of Understanding (MoU) with the Group of Strategic Vision ‘Russia – Islamic World’ (RIW Group) to exchange expertise and best practices in the field of Islamic economy. Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of DIEDC, and Rustam ...

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