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Microsoft to acquire Nuance for $19.6bn in health-care bet

Bloomberg Microsoft Corp. is buying speech-recognition pioneer Nuance Communications Inc. in an all-cash deal valued at $19.6 billion, gaining artificial-intelligence technology aimed at helping doctors predict patients’ needs and upgrading hospitals’ digital record-keeping. The software giant is offering to purchase Nuance at $56 a share, ccording to a statement, which confirmed an earlier Bloomberg report. The deal marks Microsoft’s largest ...

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Oil rises after IEA brightens outlook, US stocks seen lower

Bloomberg Oil advanced for a third day after the International Energy Agency (IEA) lifted its forecasts for demand and an industry report pointed to another decline in US crude stockpiles. Futures rise 1.6% in New York and are heading for the longest run of gains in over a month. The International Energy Agency lifted its forecasts for oil consumption this ...

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Ataya to offer training grants to 200 nurses across world

Abu Dhabi / WAM Ataya, since its launch in 2012, has become a hallmark in the field of social and humanitarian work in the UAE and the world, making tangible differences in the lives of many. Now in its 10th year, Ataya, meaning ‘giving’ in Arabic, will be held as an online shopping destination during the Holy Month of Ramadan ...

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