Saturday 30 July 2016
 
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Xerox Q2 profit rises as cost cuts pay off

Printer and copier maker Xerox Corp reported a higher-than-expected quarterly profit as restructuring efforts ahead of its planned split into two companies helped cut costs. The company, which is splitting to separate its printer business from its business process outsourcing uni

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Mall of Qatar moves towards grand opening in October

Excitement is growing among stakeholders as Doha's Mall of Qatar (MOQ), which promises to change the entire shopping mall experience in the region, enters the last 100 days before launch. Last Thursday marked Mall of Qatar’s final march towards its grand opening, set fo

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‘Four’ launches two new smartphones

UAE’s mobile brand ‘Four’ has launched two new smartphones – the S550 and S600 – with high-resolution front cameras. “Sharing experiences is one of the main objectives of owning a smartphone, and so a device’s capacity to deliver on this

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Canon introduces new 25x optical zoom camera

Canon Middle East, a world leader in imaging solutions, has introduced the PowerShot SX620 HS, a compact superzoom camera with a new 25x optical zoom. This stylish camera is perfect for capturing moments, with its 20.2 Megapixel CMOS sensor and DIGIC 4+ processor, said a statemen

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Apple’s iPhone sales drop 15pc in Q2

Apple Inc's iPhone sales fell for the second straight quarter, although the 15 percent drop was less than feared. The company's total revenue dropped 14.6 percent in the third-quarter ended June 25, also declining for the second quarter in a row. Apple said

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India's Flipkart buys online fashion store for $70m

India's biggest e-commerce firm Flipkart is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash, the latest consolidation move in the country's e-commerce sector as competition intensifies. Flipkart unit Myntra, India's lar

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Huawei's smartphone shipments jump 25pc in H1

China's Huawei Technologies, the world's third-largest smartphone vendor, said first-half global smartphone shipments jumped 25 percent, helped by rapid growth in traditionally high-end markets such as Europe. Shenzhen-based Huawei, which competes with Samsung Electronics

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Epson launches new satin ribbon tapes

Epson has launched its new satin ribbon tapes bringing new possibilities for retailers and hospitality companies with their ability to easily customise gifts or services. The tapes can display any text, whether it’s a person’s name, a company name, or a message such a

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Marka partners with Air Miles loyalty scheme

Marka, the first public stock retail operator in the UAE, has announced its partnership with the loyalty programme Air Miles Middle East, in a move which seeks to reward its frequent customers. Customers will be able to collect up to two Air Miles for every dirham spent in the UA

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Aldar eyes Al Ain as key growth market

Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population and vibrant business landscape, the company said. According to U

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