March, 2017

• 27 March

  ‘Driverless cars will be key opportunity for investors’

  

    Bloomberg Fund manager Elizabeth Soon is on the lookout for her third “a-ha” moment. If her latest theme pans out as well as the first two, investors should start looking at driverless car suppliers. So far, Soon’s moments of investor clarity in almost a decade at PineBridge Investments Asia Ltd. have been related to the smartphone — both of ...

  Read More »
• 27 March

  Avaya debuts unified communications cloud service

    Emirates Business Avaya and Icosnet have announced a strategic partnership to jointly provide Unified Communications (UC) technologies from a cloud platform in Algeria. With growing demand for advanced connectivity and communications solutions, the new cloud-based offering will bring innovative technology consumption models to help drive digital transformation within organisations in the public and private sectors in this emerging market. ...

  Read More »
• 27 March

  LG’s HDR technology TVs gain acclaim

  

    Emirates Business For the third consecutive year, the newest TV models from LG Electronics (LG) have been designated Netflix Recommended TVs by the global internet TV company that popularized streaming. The evaluation program recognizes TVs that deliver excellent Netflix performance and superb viewing experience. LG’s TVs passed a strict evaluation process based on factors that matter most to consumers, ...

  Read More »
• 27 March

  Red Hat announces agenda, keynote speakers for 2017 summit

  

    Emirates Business Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, announced the agenda and keynote speakers for Red Hat Summit 2017, the industry’s premier open source technology conference. The 13th annual Red Hat Summit is expected to welcome thousands of attendees from around the world to the Boston Convention and Exhibition Center, May 2-4. ...

  Read More »
• 26 March

  Immigrants are making US economy stronger

  

    Immigration is the topic of the day. The political right, after once embracing a laissez-faire policy toward immigration — President Ronald Reagan signed an amnesty for undocumented immigrants and President George W Bush tried unsuccessfully to do the same — appears to want to choke off the inflow of newcomers. Even legal immigration is being targeted for reduction. This ...

  Read More »
• 26 March

  UK investors have too much faith in their government

  

    The UK government will soon invoke Article 50 of the Lisbon Treaty to begin divorce proceedings from the European Union. The Scottish government is seeking to hold a second independence referendum before Brexit talks wind up. An otherwise uneventful Bank of England meeting had one interest-rate dissenter with others potentially sympathetic as inflation stirs. But if you look at ...

  Read More »
• 26 March

  What Trump’s SEC pick needs to explain!

  

    When Donald Trump announced that he would nominate Wall Street lawyer Jay Clayton to lead the Securities and Exchange Commission, he cited the need to “undo many regulations which have stifled investment in American business.” At Clayton’s confirmation hearing this week, senators should ask exactly what that means. Scrutiny of Clayton has so far focused on his close ties ...

  Read More »
• 26 March

  Healthcare bill collapse a blow to Trump agenda

    Having made rookie mistakes, Trump must be thinking to change his tack on policies. Just two months old, Trump presidency is in disarray. Trump’s first policy setback came after his executive order banning travellers from seven Muslim-majority countries was blocked by US courts. Even the revamped travel ban failed to convince US judges that it was not a Muslim ...

  Read More »
• 26 March

  UAE Federal Budget surplus hits AED8bn

  

    ABU DHABI / WAM In an indication reflecting the successful cost optimisation policy adopted by the United Arab Emirates, the UAE Federal Budget surplus rose during the first nine months of 2016 by 130 percent to AED8 billion from AED3.48 billion in the same period in 2015. Analysis indicated that the total revenues of the federal government reached AED37.463 ...

  Read More »
• 26 March

  Heavy industries catalyst for economic growth in Abu Dhabi

    ABU DHABI / WAM Heavy industries are among the major catalysts that underpin the economy of Abu Dhabi, with the emirate having invested more than AED51 billion over the past 15 years to establish a robust industrial infrastructure for aluminum and steel industries, according to a recent media report. Citing official figures of the Emirates Global Aluminum (EGA) and ...

  Read More »