Commercial Bank of Qatar misses forecasts

  Reuters Commercial Bank of Qatar (CBQ), the Gulf Arab state’s third-largest lender by assets, reported a 99 percent fall in fourth-quarter net profit, according to Reuters calculations. This meant it widely missed analysts forecasts as it was hit by provisions and weakness among its overseas investments. The bank earned a net profit of 1.4 million riyals ($384,499) in the ...

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Alphabet’s Waymo alleges ‘Uber stole self-driving secrets’

  Bloomberg It took Alphabet Inc.’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies Inc. allegedly did it in nine months. Waymo claims in a lawsuit that was possible because a former employee stole the designs and technology and started a new company. The complaint intensifies Alphabet’s rivalry with Uber, one ...

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Twitter, Snapchat probed as FB alters user terms

  Bloomberg French fraud watchdogs are investigating potential abusive clauses in the terms and conditions applicable for users of Twitter Inc., WhatsApp, Alphabet Inc.’s Google + and Snap Inc.’s Snapchat. Facebook Inc. was the first social platform to come under scrutiny but the Menlo Park, California-based company amended its user terms in December after the watchdogs identified several issues, Nathalie ...

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Social media affects mental health: Study

  Bloomberg If you pull out your phone to check Twitter while waiting for the light to change, or read e-mails while brushing your teeth, you might be what the American Psychological Association calls a “constant checker.” And chances are, it’s hurting your mental health. Last week, the APA released a study finding that Americans were experiencing the first statistically ...

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Technology investment a boost for ‘grow getter’ businesses

    Emirates Business Businesses in Mexico, China and India are increasingly turning to technology to power successful growth, reveals new global research from Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth. Around three quarters of Chinese and Indian firms (74% and 73% respectively) and 63% of Mexican firms cited IT investment as important, ...

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Italian fashion contrasts: Audacious Pucci, modest Max Mara

  MILAN / AP Red accents are lighting up the Milan runway, from blood red ensembles to red contrasts in footwear or a simple stripe of color. But not on the lips. Milan Fashion Week previews for next fall and winter entered their second day on Thursday, with runway shows by Max Mara, Fendi, Pucci, Prada and Moschino. Max Mara ...

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Versace ‘power woman’ designs, Etro funky nomads in Milan

  MILAN / AP Gigi Hadid drew a crowd to Milan’s Rinascente Department store where she was showing off Tommy Hilfiger’s latest fall-winter collection. Hundreds of fans showed up, and she obliged some with the chance at a selfie. Hadid leads the pack of “It” models headlining Milan Fashion Week, which was in its third day on Friday. So far ...

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Dresses that tell a story: Princess Diana’s life in fashion

LONDON / AP The dresses tell the story of a life cut short: first the frilly debutante frocks Princess Diana wore before she married Prince Charles, then the elaborate gowns that stunned the world, and finally the power suits she favored shortly before her death. It’s been 20 years since Diana died in a Paris car crash at the age ...

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Hipster Cop,’ in fashion spotlight during Occupy, retires

  NEW YORK / AP A New York City police detective who became an internet sensation as the “Hipster Cop” for his fashionable wardrobe during the Occupy Wall Street protests is letting go of something he’s been wearing for 25 years — his badge. Detective Rick Lee’s last official day with the New York Police Department before retirement is Friday. ...

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Exploring the magic of Sharjah

  Emirates Business Visitors to Sharjah considering the best way of taking in the emirate’s diverse array of attractions should look no further than City Sightseeing Sharjah. The company’s fleet of tour buses are playing a pivotal role in promoting the emirate’s rich culture, its heritage environment and its modern amenities. The stylish and colourful modes of transport launched in ...

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