BEIJING: China’s economy grew 3.2 per cent in the second quarter from a year earlier, data showed on Thursday (Jul 16), recovering from a record contraction as lockdown measures ended and policymakers stepped up stimulus to combat the shock from the coronavirus crisis. The growth was faster than the 2.5 […]
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WASHINGTON: US President Donald Trump has not ruled out additional sanctions on top Chinese officials as a result of actions he took on Tuesday (Jul 14) to punish China for its handling of Hong Kong, a spokesperson for the White House National Security Council said on Wednesday. The Hong Kong […]
SAN FRANCISCO: Apple on Wednesday (Jul 15) launched its own news podcasts, a first for the iPhone maker which is wading into an already crowded field. Apple News will now feature daily audio news briefings along with “audio stories” – pieces from partners such as Esquire, Sports Illustrated, Time, Wired […]
WASHINGTON: The official Twitter accounts of Apple, Elon Musk, Jeff Bezos and others were hijacked on Wednesday (Jul 15) by scammers trying to dupe people into sending cryptocurrency bitcoin, in a massive hack of the social media platform. The list of accounts commandeered simultaneously grew rapidly to include Joe Biden, […]
SINGAPORE: Singapore’s ESR-REIT has agreed to buy Sabana Shari’ah Compliant Industrial REIT in a deal that will create the country’s fifth-largest industrial real estate investment trust by assets, adding to a wave of consolidation in the sector. Each Sabana unitholder will receive 94 new ESR-REIT units for every 100 Sabana […]
Alphabet Inc’s Google said on Wednesday its corporate Gmail customers would now be able to edit documents and other files without leaving the email service, as it aims to lure clients from rivals by making its tools more integrated. OAKLAND, Calif.: Alphabet Inc’s Google said on Wednesday its corporate Gmail […]
SAN FRANCISCO: Zoom on Wednesday (Jul 15) set out to capitalise on its pandemic-powered popularity with a touchscreen display tuned to its video-conferencing platform. “Zoom for Home” was touted as combination of hardware and software designed for working remotely, a trend that promises to remain after the coronavirus threat abates. […]
Dell Technologies Inc is considering spinning off its 81per cent stake in cloud computing software maker VMware , the PC maker said on Wednesday, adding that such a move would not occur before September 2021. REUTERS: Dell Technologies Inc is considering spinning off its 81per cent stake in cloud computing […]
A downward spiral in revenue in the wake of the coronavirus outbreak will pause this month for most U.S. states as CHICAGO: A downward spiral in revenue in the wake of the coronavirus outbreak will pause this month for most U.S. states as Wednesday’s income tax filing deadline generates billions […]
Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a bigger-than-expected drawdown from the country’s crude stocks. TOKYO: Oil prices slid on Thursday after OPEC […]