Making those IPL 2020 games happen is a day’s work for UK’s Restrata

Dubai: Who would have thought that an oil and gas project site will ever have something in common with a cricket match? Now, after the pandemic, we know there is a connection – of the ‘bio-secure’ kind. And it’s what is helping UK-based tech firm Restrata drum up quite a bit of business, the latest […]

Amazon quarterly profit triples to $6.3b thanks to retail, cloud

Washington: Amazon’s third-quarter profits tripled from a year ago on strong retail sales during the pandemic and growth in cloud computing, the company announced Thursday Profit increase to $6.3 billion (Dh23.1 billion) compared with $2.1 billion a year ago while revenues jumped 37 per cent to $96 billion for the technology and retail colossus. Shares […]

Apple stock drops on weak iPhone sales

Apple’s announcement Thursday that iPhone sales were weaker than expected sent shares down 5.9 per cent even as the tech company’s revenue and profit did better than Wall Street expected thanks to booming Mac and AirPods sales. Investors expected lower revenue from the Cupertino, California company’s bestselling product after delays left loyal fans clasping wallets […]