Bloomberg Since Bracken Darrell took over Logitech International SA four years ago, the company’s stock has quadrupled on robust sales of snazzy PC accessories that complement products by the likes of Apple, Microsoft, Amazon, and Google. As Darrell plots his next move, those heavyweights are starting to look more like competitors than partners. Darrell’s goal: tying together TVs, appliances ...
Read More »Hackers drawn to energy sector’s lack of sensors, controls
Bloomberg Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper investigation. A stretch of the Gulf Coast near Houston features one of the largest concentrations of refineries, pipelines and chemical plants in the country, and ...
Read More »LG’s G6 wins best smartphone awards
Emirates Business LG Electronics’ G6 smartphone won an unprecedented 31 booth awards at Mobile World Congress (MWC) 2017 including multiple honors from various international titles and publications attending the show. The LG G6 demonstrates that the company is at the forefront of mobile communications and consumer demand. Amongst top honors received, Wired, Android Authority, Digital Trends, PCMag and TechRadar ...
Read More »Dubai Financial Market launches region’s first ETF trading platform
DUBAI / WAM Dubai Financial Market (DFM) announced the launch of a trading platform for exchange-traded funds (ETFs), the first of its kind in regional capital markets. Governed by a world-class regulatory framework, the platform offers unprecedented levels of integration and provides ongoing support to the burgeoning ETF industry, particularly market makers, authorised participants and liquidity providers. DFM hosted ...
Read More »UAE, Canada keen to boost trade ties
ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Co-operation of the UAE, and Francois-Philippe Champagne, Minister of International Trade of Canada, met in Abu Dhabi to discuss ways of promoting and enhancing bilateral relations between the two countries, with a focus on trade and investment, to benefit their people. Welcoming ...
Read More »RAK Chamber, Poland to bolster economic relations
DUBAI / WAM Yousef Obaid Al Nuaimi, Chairman of Ras al-Khaimah Chamber of Commerce and Industry, RAK Chamber, discussed development of economic relations with Poland, during his meeting with Robert Rostek, Ambassador of the Republic of Poland to the UAE. Al Nuaimi underlined the chamber’s commitment to support, develop and diversify fields of economic and investment cooperation with Polish ...
Read More »â€˜Abu Dhabi Airport to be among world’s largest’
ABU DHABI / WAM Abu Dhabi International Airport will be one of the largest state-of-the-art airports in the world, with a capacity to accommodate 30 million passengers per year by 2019, said HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, declared, following a tour of the Midfield Terminal Building (MTB) on Sunday. “The ...
Read More »Khalifa dedicates Year of Giving to UAE martyrs
ABU DHABI / WAM The UAE President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, has dedicated the Year of Giving along with all its initiatives and activities to the UAE martyrs in memory of their heroic deeds and in appreciation of their sacrifices. The President’s directive aims to instill the values of generosity and selflessness, which the martyrs ...
Read More »Trump’s smart choice for economic adviser
After months of uncertainty and some false starts, President Donald Trump seems to have picked someone to be the head of his Council of Economic Advisers. That someone is Kevin Hassett, an economist at the American Enterprise Institute, a center-right think tank. This is a great move, for a number of reasons. First, along with the hiring of H.R. ...
Read More »India’s PetroChina envy has one problem —shareholders
Everything China has, India wants — except perhaps its communist rulers. Right now, the object of the southern neighbour’s envy is oil. Or, to be precise, very large energy gorillas. Beijing possesses three, and New Delhi none. So the latter wants to merge its smaller companies into bigger groups. There’s only one problem with the plan: shareholders. When China ...
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