Huawei launches first product with own operating system

DONGGUAN, China: Chinese telecom giant Huawei, which has been caught in the crossfires of the Washington-Beijing trade war, on Saturday unveiled a new smart television, the first product to use its own operating system. The television will be available from Thursday in China and marks the first use of HarmonyOS, chief executive George Zhao said, […]

Opec mulls further output cuts to support oil prices

Abu Dhabi: Further output cuts by Opec could be in the offing in the face of weekly slides in oil prices as a result of US-China trade tensions, analysts said. Oil prices saw another overall fall in prices last week, with Brent closing at $58.53 and West Texas Intermediate on $54.50, down 5.4 per cent […]

Abu Dhabi’s Mubadala throws support behind cryptocurrencies

Dubai: Amid what it described as “challenging market conditions,” Abu Dhabi sovereign wealth fund Mubadala Investment Capital has just thrown its support behind an unlikely candidate: cryptocurrencies. The company earlier this month announced it has invested through its ventures arm in MidChains, a crypto asset exchange that will launch operations in late 2019 in Abu […]