March, 2017

• 23 March

  US treasuries gain as health vote looms

    Bloomberg Markets struck a cautious tone, with US stocks fluctuating and Treasuries gaining a fifth day, as investors watched developments in Washington for clues on the prospects for the Trump administration’s pro-growth policies. The S&P 500 Index was little changed, as futures erased gains after House Republicans postponed a planned meeting on the health-care bill. The measure’s outcome is ...

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• 23 March

  Amazon to acquire online retailer Souq.com

  

    DUBAI / Reuters Amazon.com Inc has agreed in principle to buy Dubai-based internet retailer Souq.com, one of the best-known names in the Middle East’s online shopping market, sources familiar with the deal said. Souq.com, which sells consumer electronics, fashion, household items and other goods, lays claim on its website to being the largest e-commerce site in the Arab world. ...

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• 23 March

  China Southern in talks to sell stake to American Air

  

    Bloomberg China Southern Airlines Co., Asia’s biggest carrier by passengers, is in advanced talks to sell a stake to American Airlines Group Inc., according to people familiar with the matter. The negotiations focus on an investment of about $200 million by Fort Worth, Texas-based American in China Southern’s Hong Kong-listed shares, said the people, asking not to be identified ...

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• 23 March

  Emirates to let travellers keep laptops until boarding

    Bloomberg Emirates aims to let passengers take their laptops past security gates at Dubai International Airport and collect the devices only before boarding as the world’s largest international carrier seeks to minimize the impact of an electronics ban on routes to the US. The state-owned carrier is planning to permit devices affected by the ban within the security perimeter ...

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• 23 March

  Tourists in UK and Italy boost Hermes sales

  

    Bloomberg Terrorist attacks in France and the decline of the pound are drawing tourists to London and Rome, bolstering French handbag maker Hermes International SCA as it bounces back from weakness in the domestic market and China. Hermes reported a 10 percent increase in full-year profit, citing a lift in sales from the pound’s fall in the wake of ...

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• 23 March

  MallfortheWorld unveils ecommerce platform to ME

  

    DUBAI / Emirates Business ‘MallfortheWorld’ announced that consumers in UAE, Saudi Arabia and Qatar will now have access to over 150 of the leading retailers in the US through its app, marking its foray into the Middle East. MallfortheWorld is the parent company of the award-winning global e-commerce giant MallforAfrica. Growing at a steady rate, the app is available ...

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• 23 March

  Apple woos developers with concessions in app store revamp

  

    Bloomberg Apple Inc.’s App Store has turned countless software developers into millionaires since its launch almost a decade ago. But working with the famously controlling company has often been frustrating. Apps were rejected with little explanation, and Apple has been stingy about sharing customer data that could have helped developers improve their products. Apple can no longer afford to ...

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• 23 March

  Google Maps users can now ‘broadcast’ their movements

  

    SAN FRANCISCO / AP Google Maps users will soon be able to broadcast their movements to friends and family — the latest test of how much privacy people are willing to sacrifice in an era of rampant sharing. The location-monitoring feature will be in an update to the Google Maps mobile app, which is already installed on most of ...

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• 23 March

  A camping stove that can recharge your gadgets

    Bloomberg A new camping stove is using mankind’s oldest communal activity—cooking over fire—to power our newest communal obsession: sharing pictures of your meal on social media. The BioLite CampStove 2, available for $130, employs thermoelectric technology to turn cooking heat into electricity. It can run the internal fan that turbocharges your fire, and via the built-in USB outlet, power ...

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• 23 March

  YouTube losing major advertisers upset with videos

  

    SAN FRANCISCO / AP AT&T, Verizon and several other major advertisers are suspending their marketing campaigns on Google’s YouTube site after discovering their brands have been appearing alongside videos promoting terrorism and other unsavory subjects. The spreading boycott confronts Google with a challenge that threatens to cost it hundreds of millions of dollars. But that diverse selection periodically allows ...

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