Bloomberg The UK government is clawing back 292 million pounds ($360 million) in subsidies from BT Group Plc to reinvest in spreading super-fast broadband connections to businesses and homes in remote areas. Under a contract with the government, BT receives taxpayer funds to support the rollout of super-fast broadband, with speeds of 24 megabits per second or more, but ...

  Reuters Saudi Arabia’s stock market rose sharply on Sunday in response to the release of the 2017 state budget, which includes an increase in government spending, while other major Gulf bourses were sluggish and Egypt retreated on profit-taking. The Saudi stock index added 1.5 percent to 7,191 points, nearing technical resistance on this year’s peak of 7,235 points, hit ...

  NEW YORK / AP Snapchat has managed to build something lasting out of photos that vanished almost instantly. The fast-growing social network for millennials has come a long way since its founder Evan Spiegel dropped out of Stanford University in 2012, three classes shy of graduation. His goal at the time was to create a snappy way for people ...

  Relaxnews An online Santa tracker run by a Canadian and American defense agency mapped the jolly old gift-giver’s path around the globe Saturday, in what has become a Yuletide tradition. An online Santa tracker run by a Canadian and American defense agency mapped the jolly old gift-giver’s path around the globe Saturday, in what has become a Yuletide tradition. ...

  ROVANIEMI / AP There’s good news for Rudolph and his friends — an app is helping officials reduce the number of reindeer killed in traffic accidents in Finland. Some 300,000 reindeer freely wander the wilds of Lapland in Arctic Finland. An estimated 4,000 are killed every year through road accidents, officials say, and compensation to reindeer herders can be ...

  Relaxnews The fitness tracker trend has shown no signs of slowing down throughout 2016, with this year seeing a variety of new brands and products launching with innnovative new ways to improve our well-being. Here is the round up of some of the most interesting launches to come out of 2016 that will help you have a healthier and ...

  Relaxnews The world’s most popular social network is also the app that is still eating away most at your Android handset’s performance. According to Avast Software’s latest study into app use and performance drain, Facebook still tops the charts. What’s more, thanks to the impact of Instagram (6th place), Pages Manager (9th) and Facebook Messenger (10th), the company actually ...

  DUBAI / WAM Dubai’s non-oil foreign trade reached AED952 billion in first nine months of 2016. Imports had the lion’s share at AED 594 billion, while exports and re-exports accounted for AED109 billion and AED 249 billion, respectively, according to official figures. Dubai saw a 11 percent surge in the total volume of traded goods in the first nine ...

  ABU DHABI / WAM Abu Dhabi General Services Company, Musanada, said that it will complete and hand over 4 schools in Al Ain city to Abu Dhabi Education Council (ADEC) by next April, well ahead of the start of the new academic year 2017-2018. This forms part of Musanada’s efforts to realise the vision of Abu Dhabi plan, and ...

  Far from jolting the US into a protectionist lurch, might President-elect Donald Trump unwittingly help buoy global trade next year? Here’s one scenario to mull over: A strong dollar and a tight US labour market, combined with Trump’s proposed fiscal plans, may fuel a rise in net US imports in 2017, a boon for commodity exporters and goods manufacturers ...