September, 2016

• 24 September

  Where should organisations in UAE use DevOps?

  

    Gordon Haff Special to Emirates Business There lingers the misperception that DevOps is mostly for companies that sport ping-pong tables and have free sushi for lunch. Trendy Web giants out on the technology bleeding edge. Firms that manufacture construction equipment and have large swaths of legacy computer code? Not so much. It’s really not surprising that this misperception exists. ...

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• 24 September

  OPEC deal elusive even as Saudi offers oil cuts to Iran

  

    Bloomberg OPEC members aren’t likely to reach a supply deal in Algiers next week, but an agreement to boost prices could be drawing closer after Saudi Arabia signaled for the first time in two years that it’s willing to cut production. Saudi Arabia and Iran, whose rivalry thwarted a deal with other major producers in April, didn’t reach agreement ...

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• 24 September

  Biggest oil traders see another year of pain

  

    Bloomberg The largest oil traders are anticipating little relief to what has become the worst market slump in a generation. All but one of 15 senior oil traders and executives interviewed this week at the annual Asia-Pacific Petroleum Conference in Singapore expect crude to remain between $40 and $60 a barrel over the next 12 months. Brent crude has ...

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• 24 September

  Turkey cut to junk as Moody’s concludes its post-coup review

    Bloomberg Turkey’s sovereign credit rating was cut to junk by Moody’s Investors Service, which concluded a review initiated after an unsuccessful coup attempt on July 15. Moody’s cited rising risks related to Turkey’s external financing needs and a weakening in its credit fundamentals as economic growth slows. The rating was cut to Ba1 from Baa3, leaving Fitch Ratings as ...

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• 24 September

  Vodafone squeezed in Egypt as partner turns rival

  

  Reuters Vodafone Group Plc is getting squeezed in Egypt as its state-backed partner embarks on a solo push into wireless services — crowding the market with a fourth provider while potentially leaving its U.K.-based ally to fend for itself. To finance its own network, Telecom Egypt may sell its 45 percent stake in an existing venture with Vodafone, according to ...

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• 24 September

  Iraq sets ceiling on oil production before Algeria meeting

    BAGHDAD / AP Iraq’s Oil Minister said his country supports any deal to prop up oil prices in the international market ahead of next week’s meeting of oil producers in Algeria, adding that fluctuating prices have badly affected the producers. Members of the Organization of the Petroleum Exporting Countries and non-OPEC producers are scheduled to meet Sept. 28 in ...

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• 24 September

  Massive hack is yet another huge jolt to ailing Yahoo

  

    AFP The huge Yahoo hack deals a fresh blow to the internet pioneer which has been struggling to reinvent itself, potentially impacting the pending sale aiming at giving it a new start. The hack in late 2014 affecting some 500 million users worldwide, disclosed this week, could further erode confidence in the online giant which has been on a ...

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• 24 September

  Twitter to start sales talks after Salesforce interest

  

    Bloomberg Twitter Inc. is holding informal talks with several potential buyers after receiving interest from Salesforce.com Inc., people familiar with the situation said. Twitter’s board met several weeks ago after hearing from Salesforce, said the people, who asked not to be named because the information isn’t public. Twitter then hired Goldman Sachs Group Inc. and Allen & Co. to ...

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• 24 September

  Google cloud joins in serving blockchain clients

  Bloomberg Google’s cloud services will be used to test blockchain technologies for banks, an area where IBM, Microsoft and Amazon have been courting clients for the past year. Royal Bank of Scotland Group has employed Google servers in a trial of a new blockchain application for clearing and settlement, the consulting firm GFT said Friday in a statement. The company’s ...

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• 24 September

  Apple to step up plans for echo-style smart-home device

  

    Bloomberg Apple Inc. is pressing ahead with the development of an Echo-like smart-home device based on the Siri voice assistant, according to people familiar with the matter. Started more than two years ago, the project has exited the research and development lab and is now in prototype testing, said the people, who asked not to be identified discussing unannounced ...

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