Economic data add to global market woes

London, New York: Stock markets on both sides of the Atlantic saw hefty losses Wednesday, gripped by fears for the global economy only a day after enthusiasm over possible detente in an ongoing US-China trade war had given them a dizzying lift. A German GDP contraction in the second quarter, weak Chinese industrial output and […]

Waha Capital reports Dh124 million Q2 2019 net loss

Abu Dhabi: Waha Capital PJSC on Wednesday announced its half-year financial results, showing a Dh182.2 million net loss for the first half of the year and a Dh124.4 million net loss for the second quarter. The group also announced that its private investment business, which includes a broad portfolio in sectors such as aviation, fintech, […]

US aviation regulator bans select MacBook Pro laptops from flights

US Federal Aviation Administration (FAA) has banned certain models of Apple Inc’s MacBook Pro laptops on flights, after the company recalled select units which had batteries posing fire risks. “The FAA is aware of the recalled batteries that are used in some Apple MacBook Pro laptops,” the agency’s spokesman said in an emailed statement on Monday, […]

Mobile phones are replacing bank accounts in Africa

Accra: It doesn’t look like the hub of an online bank. But that’s what the yellow and blue metal kiosk becomes when Albert Agane locks himself behind the metal bars every day at 6am. From his perch along a dusty suburban thoroughfare in Accra, the 28-year-old helps fellow Ghanaians withdraw or deposit cash for accounts […]

Now speak to Amazon messaging assistant in Hindi

Bengaluru: Amazon India on Wednesday launched its automated messaging assistant in Hindi for its customers who can get their queries resolved in the language of their preference. The automated assistant is a chatbot powered by Amazon’s Artificial Intelligence (AI) platform, leveraging Machine Learning (ML) and Natural Language Processing (NLP) capabilities for a seamless and friendly […]