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Volkswagen sketches new upper midsize car

  FRANKFURT / AP Volkswagen is coming out with a new model that will add to its offerings of larger cars in the United States, where its market share has lagged the competition. The German company released a sketch on Monday of the Arteon, a four-door with a sloping roofline. It is to be unveiled at the Geneva auto show ...

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Second-tier stocks boost Saudi, foreign money supports Egypt

  Reuters Strength in second-tier stocks favoured by local retail investors boosted Saudi Arabia’s stock market on Monday, while foreign buying helped Egypt partially rebound from a drop on Sunday and most other Middle East bourses fell. Saudi Arabia’s index climbed 0.9 percent to 6,904 points, rising above major technical resistance on its April peak of 6,876 points. A second ...

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OPEC and Italian unease weigh on global stocks

AP Uncertainty over whether OPEC countries will back an oil production cut at their meeting this week, as intended, weighed on global stock markets on Monday. Worries over next week’s constitutional referendum in Italy also kept investors at bay. KEEPING SCORE: In Europe, Germany’s DAX index was down 0.7 percent to 10,630 while the CAC 40 in France fell 0.5 ...

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Did Apple lose China to local phone makers?

  Bloomberg Two years ago, Oppo and Vivo couldn’t crack the top five in China’s smartphone market. Now they outrank everyone after elbowing Apple aside, thanks to people like Cheng Xiaoning. Cheng runs a thriving electronics store in the rural town of Miaoxia, tapping into her WeChat social media account to promote the brands that pay the biggest commission, and ...

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Can Infiniti’s new experiment measure smiles to the gallon?

  Relaxnews Unlike fuel economy or available trunk space, when publicity for a new car claims that ownership will deliver certain emotions, the claims are diffcult to to prove or disprove. But Infiniti, Nissan’s luxury sub-brand, aims to set the record straight on the matter with a new study set to be conducted in the Middle East that doubles as ...

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DirecTV seeks to be online substitute for cable

  NEW YORK /AP There are already a few online services that aim to replace cable, but they haven’t attracted many users yet. AT&T’s DirecTV hopes to change that. While just about any person you meet on the street will tell you cable costs too much, the vast majority of Americans don’t think it’s bad enough to cancel. Cheaper online ...

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Amazfit launches first ever smartwatch

  Relaxnews Fitness tracking brand Amazfit is ending a busy year on a high by launching its first ever watch, the Amazfit Pace. After already releasing the Moonbeam, Equator and Arc fitness trackers earlier this year, Huami — the company behind both Amazfit and the Xiaomi range of trackers — is now hoping to appeal to runners with the Pace. ...

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power pangs

  Barcelona / AFP Pedro and Mohamed await every utility bill with much angst. To reduce the money they have to pay, they live in the dark, without heating, or shower just once a week — victims like millions in Spain of energy poverty. Welfare associations have for years warned against this situation, but the death earlier this month of 81-year-old ...

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Struggling to survive the digital wave

  Ravensburg / DPA Once upon a time, we lived in a world where not even a public library reference desk could get you up-to-date biographical data about famous living people like politicians and tycoons. A century ago, before the internet had even been dreamed of, a German came up with the bright idea of compiling all that information from ...

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VP, Mohamed attend 2016 F1

  ABU DHABI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended on Sunday the Formula 1 Etihad Airways Abu Dhabi Grand Prix, ...

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