October, 2016

• 19 October

  SABIC profit boosts Saudi, Qatar hit by weak earnings

  

    Reuters Saudi Basic Industries (SABIC) helped lift Riyadh’s stock market on Wednesday after it reported a third-quarter net profit at the top end of forecasts, but a loss at Qatar’s third- largest bank dragged that market lower. Egypt slid for a fourth straight session. Riyadh’s stock index rebounded 1.1 percent, ending three days of declines and trimming its loss ...

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• 19 October

  World stocks steady amid firm Chinese growth, earnings

  

    TOKYO / AP Global stock markets were steady Wednesday after China reported its economy expanded at a firm pace in the July-September quarter and investors awaited more U.S. corporate earnings reports. KEEPING SCORE: Germany’s DAX edged down 0.1 percent to 10,616 and the FTSE 100 in Britain lost 0.2 percent to 6,989. France’s CAC 40 was flat at 4,507. ...

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• 19 October

  Google’s Pixel not much new, but still a standout

  

    NEW YORK / AP Google’s ambitious new smartphone, the Pixel, doesn’t offer a lot that’s new. Yet it’s still one of the best out there. Google achieves that by pulling together the best features from Apple, Samsung and other phone makers and offering them at prices comparable to iPhones — starting at about $650 for the regular, 5-inch model ...

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• 19 October

  Apple gets ready to end Mac update drought

  

    Bloomberg Apple Inc.’s long drought of Mac updates is soon coming to an end ahead of the important holiday sales period. After launching new iPhones and Apple Watches last month, the Cupertino, California-based technology company is turning its attention to its oldest product category. It currently plans to announce the Mac updates at an event on Oct. 27, according ...

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• 19 October

  Qualcomm promises faster phones

  

  Relaxnews At a Qualcomm-hosted conference on the developments in 4G and 5G connectivity one would expect news and announcements regarding when the next wave of super-fast phones are coming. And, according to the company whose chips power the majority of smartphones and tablets around the world, it’s 2018. That’s when its first 5G modem, the Snapdragon X50, launches. It promises ...

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• 19 October

  Laos’ Plain of Jars to be recreated in virtual reality

    Sydney / AFP Australian archaeologists announced plans to recreate Laos’ mysterious Plain of Jars as a three-dimensional virtual reality experience, that could one day see museum visitors walk through remote dig sites. The Plain of Jars, in Laos’ central Xieng Khouang province, is scattered with thousands of stone vessels but scientists have yet to discover their original purpose. Archaeologists ...

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• 19 October

  A revival for Myanmar’s big screen

  

    Yangon / AFP With turquoise columns propping up a pink and yellow portico, Myanmar’s art deco style Thwin cinema is a rare relic from a golden age of movie-making that dazzled audiences more than half a century ago. Myanmar’s film industry, once the most vibrant and prolific in the region, shrivelled under a military regime that smothered the arts ...

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• 19 October

  Cuddles and arms protect DR Congo’s gorillas

  

    Rumangabo / AFP A powerful combination of love and guns is helping rebuild an endangered gorilla community in the jungles of war-torn eastern Democratic Republic of Congo. Threatened with extinction, some of the world’s last remaining mountain gorillas live on either side of the border between Rwanda and DR Congo, as well as in Uganda. On the Rwandan side, ...

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• 18 October

  Can Alibaba’s Jack Ma spread jobs around the world?

  

    Alibaba’s Jack Ma has big dreams. Having transformed Chinese retail, he’s now determined to reinvigorate globalization. The way to do so, according to his annual shareholder letter released last week, is for other countries to use or replicate Alibaba’s “commerce infrastructure,” which includes everything from sales portals to payment systems. Ma hopes to see similar systems applied on a ...

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• 18 October

  UK leaders shouldn’t play confidence games

  

    One of the few bright spots for international investors following the U.K.’s June vote to quit the European Union was the swift establishment of political stability. David Cameron’s decision to fall on his sword threatened a divisive battle for control of the ruling Conservative government; instead, Theresa May emerged unchallenged and triumphant as her rivals dropped away. That stability, ...

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