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IoT boosts biz revenue, strengthens customer ties: Survey

  DUBAI / Emirates Business Governments and businesses in the Middle East and Africa will invest over $6.6 billion in Internet of Things (IoT) hardware, software, services and connectivity by the end of the year, according to figures released by the International Data Corporation (IDC). And, according to the findings of a new study sponsored by LogMeIn and conducted by ...

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Adoption of digital records in healthcare industry must: Experts

  David Whitton Special to Emirates Business Utilization of electronic record keeping systems is becoming increasingly predominant within the healthcare industry in the UAE due to a wide range of benefits, ultimately resulting in improved quality of care and patient safety, not to mention controlled costs and time savings for healthcare providers. Primary benefits of implementing a comprehensive Electronic Medical ...

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Trump White House win prompts protests across US

  Washington /AFP Protesters burned a giant orange-haired head of Donald Trump in effigy, lit fires in the streets and blocked traffic as rage over the billionaire’s election victory spilled onto the streets of major US cities. From New York to Los Angeles, thousands of people in around 10 cities rallied late Wednesday against the president-elect a day after his ...

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Russia denies ‘euphoria’

  Moscow /AFP Russia on Thursday dismissed reports the Kremlin was “euphoric” about Donald Trump’s election win, saying it was not certain the US president-elect would be any friendlier to Moscow than his predecessor. Deputy Foreign Sergei Ryabkov also confirmed that members of Trump’s inner circle had “kept in contact” with Russian officials during the election campaign, in apparent contradiction ...

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Japan lawmakers approve TPP despite Trump triumph

  Tokyo / AFP Japan’s lower house of parliament on Thursday passed the contentious Trans-Pacific Partnership (TPP) free trade deal, a move largely viewed as an empty gesture due to opposition by US president-elect Donald Trump. President Barack Obama championed the 12-nation deal saying it would enable the United States to set the global trade agenda in the face of China’s ...

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Isolationist Trump stokes NATO defence fears

  Brussels / AFP Donald Trump’s “America first” approach has Europe worried he may cut US commitments to NATO just as it mounts its biggest military build-up since the end of the Cold War to counter a more assertive Russia. Trump caused uproar during the campaign when he suggested Washington would think twice about coming to the aid of an ...

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A ‘wake-up call’ for Austrian elections

    Vienna /AFP Donald Trump’s stunning victory is a “wake-up call” against the rise of populism ahead of Austria’s presidential election, candidate Alexander Van der Bellen said on Thursday, three weeks before the poll. The independent ecologist is running against Norbert Hofer who is striving to become the EU’s first far-right elected head of state on December 4. Opinion ...

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Republican’s victory challenges Fed policy, independence

  Washington / AFP Donald Trump’s surprise victory in the US presidential race raises new questions over Federal Reserve policy in the short run and the central bank’s vital operational independence over the longer term. How his proposed, dramatic policy shifts impact the economy could influence Fed plans to resume raising interest rates after a year’s hiatus, which was widely ...

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North Korea urges shift from United States

  Seoul/ AFP North Korea on Thursday warned the incoming Donald Trump administration will have to acknowledge it as a nuclear state, as the South said the maverick billionaire had pledged to protect it. The United States maintains it cannot accept North Korea as a nuclear power, despite it conducting five nuclear tests and has pushed harsh international sanctions against ...

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How Trump could help the Federal Reserve

  Everyone has a lot to digest in the wake of Donald Trump’s presidential victory, but for markets one question looms large: What should it change in the policies of the world’s most powerful central bank, the U.S. Federal Reserve? The answer differs depending on whether you’re looking at the next few months or the next several years. In the ...

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