Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) announced a new collaboration with IBM, an American multinational technology company, to fast track its transition into a modern, digitally-led Islamic bank, using IBM’s hybrid cloud solutions based on Red Hat OpenShift. This step will help enhance ADIB’s digital infrastructure, modernise operations and automate processes, enabling its employees to focus on ...

Bloomberg An ambitious pledge to cut greenhouse-gas emissions under consideration by the US gives President Joe Biden more leverage when he hosts leaders for a climate change summit later this month — presenting a particular challenge to China’s Xi Jinping. The White House may commit to emissions cuts of 50% or more from 2005 levels by 2030, Bloomberg reported this ...

When Qualcomm Inc was handed a record penalty by China’s antitrust regulators in 2015, executives at the US chipmaker could have been forgiven for partying. Although they were on the hook for a $975 million fine, the ruling by the National Development and Reform Commission (NDRC) ended a yearlong investigation into the company and affirmed its technology-licensing business model. Proof ...