07012016Fri
Last update: Fri, 01 Jul 2016 04pm

Industries & Sectors

Business & Finance - Industries & Sectors

Google reveals name of its latest Android baby Android is known for giving funky names to its latest releases, they can be silly or cute but it’s always sweet. Google has finally revealed Google the official name for its latest Android N operating system through Twitter.Welcome the Android Nougat, the latest Android 7.0 operating system, unfortunately it’s not Nutella, which could have been better but the current name seems alright as well. The announcement came through a short video post, where the company suggested the operating system could be called 'Nutmeg', 'Nectarine', 'Nachos' or 'Noodles'.However, keeping the tradition alive, Google thought of keeping it with previous dessert-themed names such as Ice Cream Sandwich and KitKat, and therefore settling on Nougat.Now coming to the features, the Android Nougat would bring much awaited improvements. As Express reported, among which are better battery life and power performance, all thanks to the new Doze feature that is puts your device into a ...

Business & Finance - Industries & Sectors

China's JD.com says Brexit could boost imports of British goods PARIS: Chinese online retailer JD.com said on Friday that Britain leaving the European Union could make British goods cheaper to buy but it was premature to say if the move would significantly impact the group's business. The pound has dropped almost 8 percent against the dollar since last Friday, the steepest daily decline in the post-1973 floating-exchange-rate era, after Britain's Brexit vote stunned global markets."British products will be more competitive. It is however too early ...

Business & Finance - Industries & Sectors

BHP, Vale setback as Brazil mining lawsuit reinstated SYDNEY: Mining giant BHP Billiton Friday vowed to appeal a Brazilian court's decision to reinstate a 20 billion reals (US$6.2 billion) civil claim for clean-up costs and damages over the deadly Samarco dam disaster.The claim had been superseded by a government settlement reached with the owners of the Samarco iron ore mine -- Anglo-Australian firm BHP and Brazil's Vale -- in March after the dam collapse near Mariana in November killed 19 people and wreaked ...

Business & Finance - Industries & Sectors

Oracle told to pay HP billions in chip dispute SAN FRANCISCO: A California jury on Thursday ordered business software giant Oracle to pay Hewlett Packard Enterprise $3.1 billion for backing off a promise to support data servers powered by Itanium chips.Oracle said it had acted properly in the situation and that it planned to appeal to a higher court."Two trials have now demonstrated clearly that the Itanium chip was nearing end of life, HP knew it, and was actively hiding that fact from its ...

Business & Finance - Industries & Sectors

Rio Tinto offloads copper mine on PNG's Bougainville SYDNEY: Mining giant Rio Tinto has given up control of a mine at the centre of a decade-long civil war on Papua New Guinea's Bougainville, leaving locals angry Friday that some shares will go to the national government.The huge Panguna mine on Bougainville island has been closed since 1989, when it was forced to shut down after continuous attacks by secessionist rebels in a conflict that cost an estimated 10,000 lives.Panguna is one of the ...

Business & Finance - Industries & Sectors

Daimler to buy car-leasing firm Athlon for 1.1bn euros FRANKFURT: German auto maker Daimler said Friday it plans to acquire the Dutch car-leasing specialist Athlon for 1.1 billion euros ($1.2 billion). "Daimler Financial Services ... signed an agreement to purchase Athlon Car Lease International for 1.1 billion euros from the Dutch De Lage Landen group, a subsidiary of Rabobank," Daimler said in a statement."Fleet management is a growth market and this acquisition of a strongly positioned and innovative fleet management company is a key ...

Business & Finance - Industries & Sectors

Apple sued over obscure film by China's media regulator: court BEIJING: Apple is being sued by China's media regulator over rights to an obscure patriotic film, a Beijing court said Thursday, in the latest legal battle for the US tech giant in one of its crucial overseas markets.China's State Administration of Press, Publication, Radio, Film and Television (SAPPRFT) claims that Apple has violated its exclusive online broadcast rights to the 1994 movie "Xuebo Dixiao" -- whose title roughly translates to "Blood-Splatter our Strong Enemies" -- ...