Telecom policy tilts in favour of industry under Trump’s FCC

  NEW YORK / AP Trumpism is slowly taking hold on your phone and computer, as newly installed federal regulators begin chipping away at hard-fought protections on privacy and competition. These protections, put in place during the Obama administration, had upset the phone and cable industries. The new regime at the Federal Communications Commission says consumers win if businesses face ...

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Mexico rising as most alluring emerging market for investors

  Bloomberg Mexico is the most attractive emerging market for investors, based on a range of metrics analyzed by Bloomberg including growth, yields and equity valuations. India is the worst. Mexico saw its currency slide and bond yields surge as President Donald Trump was elected in November after lambasting the country for stealing US jobs. Even after an initial sell-off ...

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BMW reviewing UK plant options amid trade threats

  Bloomberg BMW AG said it’s reviewing its factories in the UK ahead of Brexit and that it has the flexibility to move production elsewhere if necessary. The Munich-based manufacturer, which makes vehicles for its Mini brand in Oxford, Rolls-Royces in Goodwood and engines in Hams Hall, is preparing for “different scenarios” once the UK leaves the European Union, BMW ...

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Canada seeks to avoid Brexit cliff-edge with trade talks

  Bloomberg Canada wants to avoid a Brexit cliff-edge too. The government is pushing for its trade deal with Europe to be ratified by Britain before it leaves the European Union to secure the crucial agreement. It also has its eye on deeper relations with the UK once Brexit is complete. Canada wants to preserve any preferential access that businesses ...

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Alexa-Siri fight moves to Marriott hotel rooms

  Bloomberg Amazon.com Inc.’s battle with Apple Inc. over digital assistants is moving to a new venue: hotel rooms, where Alexa and Siri are both vying to be the voice-controlled platform of choice for travellers. Marriott International Inc., the world’s biggest lodging company, is testing devices from the two tech giants at its Aloft hotel in Boston’s Seaport district to ...

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Google opens ‘shortcuts’ to info, tools on phones

  AP Google wants to make it easier for you to find answers and recommendations on smartphones without having to think about what to ask its search engine. Its new feature, called “shortcuts ,” will appear as a row of icons below the Google search box. Instead of having to ponder and then speak or type a request, the shortcuts ...

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Apple Pay gets crushed in China’s mobile-payments market

  Bloomberg Dong Ximiao was buying a meal at KFC in Hangzhou on a recent Sunday and pulled out his phone to pay, like everyone does in China, when the cashier asked: “Alipay or WeChat Pay?” The problem was, Dong wanted to use Apple Pay for the 36 yuan ($5.20) bill, but the cashier told him she had never handled ...

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Curry turning sour!

  BOSTON / AP Mohammed-Faizul Haque makes it all look so easy. To a pan full of sizzling chicken he adds a ladle of orangey base sauce and then lemon, sending flames shooting up. He reaches to a line of vessels for pinches of cumin, coriander, salt, chili and garlic, the feel of the ingredients between his fingers as his ...

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UAE margin trading finance hits all-time high of AED31 billion

  ABU DHABI / WAM The value of margin trading finance on Abu Dhabi and Dubai Security Exchange Markets hit AED31 billion in January and February 2017, an all-time-high since the inception of margin trading in 2008. The growth in the service’s financial value during the two months account for 37.3% of the total facilitations provided by licensed brokerage companies ...

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Dubai economy remains buoyant despite challenges

  DUBAI / WAM The Emirate of Dubai continues to show growing levels of buoyancy in different business sectors, boasting growing demand and increasing returns thanks to its highly sophisticated industrial base and rising foreign investment quotas for its property and financial markets. The impressive economic success story, according to recent business reports, is attributed to a number of factors, ...

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