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British University in Dubai hosts Green Forum

  DUBAI / WAM The British University in Dubai hosted the Green Forum to celebrate the success of a university-industry-government collaboration in a study trip to Scandinavia and discuss the feasibility of applying innovative green concepts in the UAE. The trip was organized by BUiD and supported by Al Maktoum Foundation (ENOC) Alkhaleej Sugar, Al Habtoor, and Alrostomani. The Green ...

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Sony’s 46% profit forecast drops on quake damage

  Tokyo / Bloomberg Sony Corp. forecast annual profit that fell short of estimates, hurt by costs to repair a factory that was damaged in the Kyushu earthquake, lost sales and slowing demand for smartphone components. Net income will probably decline 46 percent to 80 billion yen ($732 million) in the 12 months ending March 2017, the Tokyo-based company said ...

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Southeast Asia’s web economy to hit $200 billion

  Tokyo / Bloomberg Southeast Asia’s Internet economy, spanning online shopping to games and advertising, will surge sixfold to about $200 billion in the next decade, according to joint research by Google Inc. and Temasek Holdings Pte. As more consumers get online and shop from smartphones, e-commerce in the region could jump to $88 billion by 2025, a 16-fold increase, ...

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