GENEVA / AP When Lindsey Vonn competes in the opening event at next week’s world skiing championships, television viewers will get their first look at some new on-screen technology. Graphics will include dynamic speed checks throughout a skier’s run, they will show acceleration out of the toughest corners, and they will count air time, plus launch and landing speeds, ...
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Infoblox’s cloud will fight DNS attack
Bloomberg Infoblox Inc., the network control company that provides Actionable Network Intelligence, announced the global availability of Infoblox ActiveTrust Cloud. Delivered as a service, ActiveTrust Cloud addresses the needs of global enterprises with a mobile workforce and growing branch offices which often don’t have dedicated IT staff or adequate security measures in place. The new solution provides protection for ...
Read More »Mobile tech boosts productivity in healthcare sector
DUBAI / Emirates Business The use of mobile technology in and out of the workplace is making a positive impact on the productivity and job satisfaction of healthcare employees, according to research conducted by the Economist Intelligence Unit (EIU) and sponsored by Aruba, a Hewlett Packard Enterprise company. The findings suggest that nearly six in ten (59%) of workers ...
Read More »UniCredit sets discount for $14bn rights offer at 38%
Bloomberg UniCredit SpA will sell new shares for more than a third less than their current price in a 13 billion-euro ($14 billion) rights offer aimed at strengthening its capital position. The bank will sell stock at 8.09 euros a share and offer 13 new shares for every five held, the Milan-based lender said in a statement. The offer ...
Read More »European Banks’ million-euro earners jumped 33% in 2015
Bloomberg The number of bankers and financiers pulling down 1 million euros ($1.1 million) or more soared 33 percent to 5,142 across the European Union in 2015, the bloc’s banking regulator said. Bankers based in the UK accounted for 80 percent of the highest earners largely driven by appreciation of the pound against the euro, the European Banking Authority ...
Read More »Ex-Morgan Stanley adviser held in $5 million fraud case
NEW YORK / AP A former Morgan Stanley financial adviser was arrested in Nevada on charges in New York that he stole at least $5 million from several members of a wealthy family to live lavishly, including using private jets, authorities said. Barry Connell, 50, of Chester, New Jersey, was arrested in Henderson, Nevada, on fraud and identity theft ...
Read More »BofA says European credit is ‘mispricing’ inflation
Bloomberg Buckle up, bond investors. Global reflation and fading central-bank stimulus herald a new dawn for the European corporate debt market that will buoy high-yield paper at the expense of high-grade, according to analysts at Bank of America (BofA), citing an upcoming portfolio shift among investors. “In 2016 we saw the lowest in yields and spreads,” strategists at the ...
Read More »Mohamed meets Egypt foreign minister
ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Sameh Shoukry, Foreign Minister of the Arab Republic of Egypt, who is currently visiting the country, at Qasr Al-Shati (Beach Palace) on Saturday. Sheikh Mohamed welcomed Egyptian Foreign Minister and discussed ways ...
Read More »Hamdan bin Zayed inspects AED5.3bn Al Mafraq-Al Ghweifat highway project
WESTERN REGION / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region, inspected the progress of the AED5.3 billion Al Mafraq-Al Ghweifat highway project, whose first phase was completed in 2016. Sheikh Hamdan stressed the interest of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the support of His Highness Sheikh Mohamed ...
Read More »Dubai Silicon Oasis, Korea team discuss synergies in technology
Dubai / Emirates Business Dr Mohammed Alzarooni, Vice Chairman and CEO of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, received a high-ranking delegation from the Republic of Korea led by Dr Yanghee Choi, Minister of Science, ICT and Future Planning. The meeting at the DSO headquarters explored ...
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