Emirates Business The Telecommunications Regulatory Authority (TRA) launched the initiative, ‘In The Presence of a Book,’ which includes quarterly discussion sessions. Each session will highlight one book published locally and to be discussed in the presence of the book’s author, intellectuals and TRA employees, where attendees will have an open forum with the author. The initiative will be …

  Beijing / AFP China’s total borrowings were more than double its gross domestic product (GDP) last year, a government economist said, warning that debt linkages between the state and industry could be “fatal” for the world’s second largest economy. The country’s debt has ballooned as Beijing has made getting credit cheap and easy in an effort to stimulate slowing growth, …

  Seoul / AFP Samsung Electronics said on Thursday it had agreed to buy US cloud computing company Joyent — the latest in a series of start-up acquisitions aimed at strengthening the South Korean giant’s software capacity. The purchase of the San Francisco-based firm would provide Samsung with its own cloud platform to support its main mobile business and connect …