Dubai / WAM The Ministry of Climate Change and Environment (MOCCAE), on Saturday announced it commenced work on the Smart Map of Natural Capital of the UAE. The two-phased initiative aims to identify local biologically rich ecosystems and the services they provide to the indigenous environment, in addition to carrying out an economic valuation of these services. Data will be ...

Bloomberg Alphabet Inc’s Google acquired smartwatch maker Fitbit Inc for $2.1 billion in cash, a move that could shore up the internet giant’s hardware business while also potentially increasing antitrust scrutiny. Fitbit shares jumped 16%. Google will pay $7.35 a share for San Francisco-based Fitbit, according to a statement. That represents a 71% premium to Fitbit’s stock price before Reuters ...

Bloomberg Apple Inc lost ground to Samsung and Huawei in the third quarter when global smartphone sales rose on a quarterly basis only for the first time in two years, according to Canalys. Apple shipments fell 7% to 43.5 million units in the July to September period, just before the well-received iPhone 11 hit global store shelves, the researcher estimated. ...