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US stocks flat; Qualcomm jumps on $47 bn takeover of NXP

  New York / AFP US stocks were flat early on Thursday despite mostly solid earnings reports, including from Tesla Motors and Twitter, as well as Qualcomm’s $47 billion takeover of Dutch rival NXP Semiconductors. Tesla jumped 5.4 percent after it announced a surprise third quarter profit of $22 million as it touted new product launches and store openings. Twitter ...

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BlackBerry’s new ‘smart’ member

  EMIRATES BUSINESS BlackBerry Limited (NASDAQ: BBRY; TSX: BB), a global software leader in securing, connecting and mobilizing enterprises, recently announced the latest in its series of most secure Android smartphones, DTEK60. As part of BlackBerry’s transition towards a device software licensing strategy – which allows it to focus on putting “the smart in the phone” — the DTEK60’s hardware ...

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Let your wrists ‘shine’

  Emirates Business The new shine collection by Swiss watchmaker RAYMOND WEIL is dressing up in different colours. Feminine, elegant and sensual, this model is the perfect timepiece to complement the demands of a modern lifestyle thanks to its unique patented system enabling the strap to be changed in seconds to match the colour of any outfit. The shine ladies ...

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Abu Dhabi’s non-oil trade soars to AED84bn in H1

  ABU DHABI / WAM Abu Dhabi’s non-oil foreign trade through various customs ports was AED84.349 billion, registering an increase of AED59 million compared to the same period last year, according to the General Administration of Customs Abu Dhabi. The value of imports reached AED57.363 billion and exports reached AED17.305 billion, representing a 2.9 percent increase compared to the same ...

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UAE opens power station in Abyan, Yemen

  ABYAN/ WAM The first phase of Ju’ar power station in Abyan Governorate, Yemen, has been inaugurated by the UAE as part of its massive humanitarian, relief and development initiative to alleviate the suffering of the people of Yemen. Abyan had been experiencing power outage for more than a year and half as a result of the destruction of the ...

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Expo 2020 Dubai joins DWIC team in Shanghai

  DUBAI / WAM Expo 2020 Dubai is to join a high-profile delegation at Dubai Week in China (DWIC) to build and reinforce strategic relationships and highlight the opportunities that the mega-event presents. A team from Expo 2020 Dubai will attend ‘Dubai Week in China 2016’ from October 27-29, which aims to promote trade between Dubai and China. Expo 2020’s ...

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Iraq forces evacuate 1,000 civilians from Mosul front lines

  KHAZER / AP Iraqi special forces have moved more than 1,000 people out of villages near the front lines of the battle to retake the IS -held city of Mosul and surrounding areas, where the UN says militants have committed a number of abuses in recent days, officials said on Wednesday. Special forces Maj. Gen. Haider Fadhil said residents ...

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Schoolchildren among 26 dead in Syria raids

  Beirut / AFP Air strikes on Syria’s rebel-held Idlib province hit a school and the surrounding area on Wednesday, killing at least 26 civilians including many children, a monitor and activists said. The Syrian Observatory for Human Rights said “warplanes—either Russia or Syrian—carried out six strikes” in the village of Hass, including on a school complex. The Britain-based Observatory, which ...

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IS militants abduct and kill 30 in Afghanistan

  Kabul / AFP Militants linked to IS extremists abducted and killed around 30 civilians, including children, in central Afghanistan, officials said on Wednesday, raising concerns about the group’s expanding presence beyond its eastern stronghold. The killings occurred late Tuesday north of Firoz Koh, the capital of Ghor province, with the local government calling it a revenge attack after a ...

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Polio worker shot dead in NW Pakistan: Officials

  Peshawar / AFP A polio worker was gunned down on Wednesday as he was administering vaccines to children in northwest Pakistan, officials said, the latest casualty in the country’s long campaign against the crippling disease. The incident occurred in Jamrud area of the tense Khyber tribal district that borders Afghanistan and was once a haven for Taliban militants, though ...

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