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Last update: Tue, 31 May 2016 05am

Business & Finance - Industries & Sectors

Samsung Galaxy S8 to feature ‘VR Ready’ display Samsung, the South Korean technology giant recently unveiled a new “VR ready” 5.5 inch display at the Display Week conference. The latest display supports 4K resolution and rumors are milling that Samsung will feature this display in its upcoming Galaxy S8 smartphone predicted to be launched unveiled in coming months.According to UploadVR, the upcoming 5.5-inch screen supports Ultra HD resolution of 3840 x 2160 pixels. The display offers a pixel density of 806 ppi (Pixels per inch), which is 44.7 percent higher than the regular displays, present in the smartphones of the current generation."However it seemed to be running at a lower frame rate, so it may currently have a less than optimal refresh rate for VR," added the report.The display is said to be in a demonstration phase as a "prototype.”Also at the conference, Samsung were also showcasing a different sort of Virtual Reality (VR) technology that is being ...


Business & Finance - Industries & Sectors

Have a dot in your Gmail ID, it doesn’t matter Email ID’s are your identity cards on the internet, but sometimes they become very confusing.For example, my Email at Yahoo is ‘ali24ki@yahoo.com’, if you email ali24.ki@yahoo.com, your message will bounce saying, “Sorry, we don't recognize this email.”However, Google decided to do things its own way when it launched its Gmail. That is it decided to ignore periods in its users’ email addresses altogether.You heard it right the ‘.’ makes no difference at all, as Google’s ...

Business & Finance - Banking & Finance

China fixes yuan at over five-year low against dollar SHANGHAI: China's central bank on Monday set the value of the yuan currency at a more than five-year low against the US dollar, according to the national foreign exchange market, in a pattern of weakness in anticipation of higher US interest rates.The People's Bank of China (PBoC) put the yuan -- also known as the renminbi (RMB) -- at 6.5784 to $1.0, down 0.45 percent from its fix on Friday, according to data from the ...

Business & Finance - Managed Funds

Euro zone yields higher as Yellen supports case for summer rate hike LONDON: Euro zone government bonds yields rose on Monday after comments from Federal Reserve Chair Janet Yellen boosted the case for a U.S. interest-rate rise in June or July.But the upward pressure on yields was limited by expectations that the European Central Bank will maintain its message of ultra-easy monetary policy for the foreseeable future when it meets later this week.The Fed should raise interest rates "in the coming months" if the economy picks up ...

Business & Finance - Industries & Sectors

Lufthansa owed over $100mn in Venezuela: spokesman FRANKFURT: Venezuela owes Lufthansa over $100 million in ticket revenue, a spokesman said, after the German carrier said over the weekend it was suspending flights to Caracas next month.Like other airlines, Lufthansa has struggled to repatriate revenue held in the local bolivar currency due to exchange controls and had already reduced flights to the country to limit its exposure.A spokesman for the airline said on Monday that the Venezuela government owed it a "low three-digit ...

Business & Finance - Industries & Sectors

Airbus says output hikes challenging but will meet goals HAMBURG: The plane making arm of Airbus Group is sticking to targets for deliveries of its new A320neo and A350 jets in 2016, despite a slow start to the year caused mainly by disruptions in the supplies of engines and cabin equipment, executives said.But plans to deliver more than 50 A350s this year, and to sharply increase A320-family output while performing a model switch to the latest A320neo version, are "very large challenges," Chief Operating ...

Business & Finance - Industries & Sectors

Audi halts production at German plant due to flooding BERLIN: German luxury carmaker Audi said it has stopped production at its second-biggest plant in southwestern Germany because of flooding.Parts of the factory, where over 16,000 people build Audi's high-margin models such as the A8 saloon and the R8 sports car, have been flooded following heavy rains over night, a spokeswoman said on Monday.The spokeswoman couldn't say when production would resume or how many workers were affected by the disruptions. Audi is due to report ...