Brazil sways to new-wave rhythms

  Goiania / AFP Brazil may be the land of samba and bossa nova, but lately its hips are swaying to a different rhythm. In cowboy hats and plaid shirts, with touches of bling, new-wave country singers are conquering the airwaves and the dance floors. A world away from the soft jazz and Latin rhythms that Brazil crafted from the ...

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UK sees $82bn investment hit as Brexit tariffs tallied

  Bloomberg UK businesses have delayed or canceled investments worth 65.5 billion pounds ($82 billion) since the vote to leave the European Union, with more than 40 percent of large companies scaling back, according to a new survey. Executives have been reluctant to follow through on spending plans because of a plunge in the pound and a lack of clarity ...

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EU offers Trump cooperation while signalling policy firmness

  Bloomberg The European Union promised to cooperate with US President-elect Donald Trump while vowing to stand by international agreements he has questioned including United Nations deals to curb climate change and ease sanctions on Iran. After a dinner in Brussels to discuss future EU-US relations in the wake of Trump’s victory in the Nov. 8 American election, European foreign ...

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Trump Victory spurs foreign demand for London property

  Bloomberg Donald Trump may be good for the London housing market. That’s according to property website operator Rightmove, which says Trump’s shock election victory could spur the return of international investors seeking a safe haven. While asking prices in the capital fell for a fifth month, the 0.3 percent drop was much smaller than the 1.5 percent average seen ...

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Novartis to hold talks to buy generics maker Amneal

  Bloomberg Novartis AG is in talks to acquire US generic-drugs maker Amneal Pharmaceuticals LLC as the Swiss health-care company seeks to bolster its Sandoz business amid consolidation in the industry, according to people familiar with the matter. Novartis and Amneal may reach an agreement soon, the people said, asking not to be identified because the deliberations are private. No ...

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Siemens to buy US software maker mentor for $4.5bn

  Bloomberg Siemens AG agreed to buy Mentor Graphics Corp. for $4.5 billion in its biggest acquisition since 2014 as the German engineering company extends its industrial software capability. Siemens will pay $37.25 a share in cash for Wilsonville, Oregon-based Mentor, the industrial giant said in a statement on Monday. That’s 21 percent above the closing price on Friday. Elliott ...

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Samsung to buy US auto parts supplier Harman

  Seoul / AFP Samsung Electronics said on Monday it would buy US auto parts maker Harman International Industries for $8 billion in a bid to enter the growing market for automotive technology to produce “connected” cars. The deal, the biggest in the firm’s history, will provide a chance for the tech titan to move past the exploding Galaxy Note 7 ...

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Facebook public chat feature ‘rooms’ starts rolling out

  Relaxnews According to Facebook Messenger product manager Drew Moxon, The Courrier Mail reports, the feature ‘Rooms’, which was been rolled out in Australia and Canada over the weekend, is for “topic-based conversations and so people can talk with others they may not know.” Facebook first launched a standalone app called Rooms back in October 2014, but the project was ...

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New folding smartphone from Samsung could be taking shape

  Relaxnews Various websites specializing in Samsung news and rumors report that the manufacturer has filed a patent at the Korean Intellectual Property Office (KIPO) that could be a sign of what’s in store from the firm’s upcoming folding smartphone, a product that’s been in the pipeline for several years. The patent details an original hinge system that folds the ...

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Companies urged to look to the future through ADC Refresh

  Mohammed Al-Moneer / Emirates Business An application delivery controller (ADC) refresh is a great occasion to look to the future and optimize your network for not only the applications you have in place today, but what you will have tomorrow. Odds are the box you’re replacing is out of date and more than five years old. A lot’s happened ...

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