BEIJING / AP Global stock markets were steady on Tuesday, following strong Wall Street gains the day before, as investors focused on the final hours of a tight US presidential race. KEEPING SCORE: Germany’s DAX was 0.1 percent lower at 10,449 and France’s CAC-40 was down by the same rate at 4,458. London’s FTSE 100 was stable at 6,805. ...
Read More »A ‘video’ boost for Facebook
AP Whether it’s a video clip of your friend’s dog or a live stream of the presidential debates, you are likely watching more videos on Facebook than ever. And that means you’re also more likely to see video ads. Facebook’s latest strategy is to grow both user-generated and advertiser-created videos as it tries to get a firm foothold in ...
Read More »Different Samsung phone model explodes in France
AP A Samsung phone user in France says her Galaxy J5 smartphone caught fire and exploded on Sunday. The model is different from the Galaxy Note 7 that has been recalled worldwide. Lamya Bouyirdane said that she noticed the phone was very hot after she asked her four-year-old son to pass it over during a family gathering at her ...
Read More »SAP update to database includes free version
Relaxnews Business software maker SAP SE introduced the most significant update to its database software in five years, including new tools for analyzing streams of data created by smart sensors and a lightweight free version for developers to test. Hana 2, the second major release of SAP’s main database software since its wide release in 2011, includes tools for ...
Read More »Broadcom to buy Brocade for $5.9bn to expand in cloud
Bloomberg Broadcom Ltd., whose chips are used in Apple Inc.’s iPhone and TV set- top boxes, agreed to buy Brocade Communications Systems Inc. for $5.9 billion including debt to capitalize on booming demand for cloud computing and the data centers that deliver it. Broadcom is acquiring Brocade for technology that links computer-storage systems and allows the fast transfer of ...
Read More »Ministry of Economy, HKTDC deal to boost trade, investment
ABU DHABI / WAM The Ministry of Economy signed on Monday a memorandum of understanding (MoU) with the Hong Kong Trade Development Council (HKTDC) to promote trade, investment, innovation and enhancement of business environment. The deal was signed by Abdullah Al Saleh, Under-Secretary of the Ministry for Trade Affairs and Industry, and Margaret Fong, Executive Director of HKTDC. The ...
Read More »MOHRE app’s new services
ABU DHABI / WAM A range of new services have been added to the Ministry of Human Resources and Emiratisation (MOHRE) smartphone application, as developed by the Ministry to meet customer demands. Mohammed bin Saqer Al Nuaimi, Acting Assistant Under-Secretary for Support Services at the Ministry, said, “What’s new is the addition of the services including bank guarantee retrieval, ...
Read More »Guggenheim Abu Dhabi collection exhibition to begin from March 8
ABU DHABI / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced on Monday the second exhibition of the Guggenheim Abu Dhabi collection, “The Creative Act: Performance – Process – Presenceâ€, at Manarat Al Saadiyat on Saadiyat Island. The exhibition, which will run from March 8, 2017, will bring together artists of different nationalities and generations who ...
Read More »Executive-legislative ties key to sustainable development
ABU DHABI / WAM Noura bint Mohammad Al Kaabi, Minister of State for Federal National Council Affairs, reiterated the importance of maintaining the relationship between executive and legislative authorities to achieve sustainable development in the UAE. “This collaborative relationship adheres to the directives of the UAE’s wise leaders.This is most evident in the close attention that the Council pays ...
Read More »DFM pact to streamline ‘IPO payment’
DUBAI / WAM A Memorandum of Understanding (MoU) has been signed with the Government of Dubai’s Department of Finance (DoF) and Dubai Islamic Bank (DIB), to streamline payments of initial public offering (IPO) subscriptions, the Dubai Financial Market (DFM) announced on Monday. According to the MoU, DIB has become the first bank to enable investors who participate in IPOs ...
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