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February, 28, 2017

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Business
Samsung delays its new phone, showcases tablets instead
Samsung's product showcase Sunday is notable for what's missing: a new flagship phone.
 
Fancy a game of 'Snake?': Nokia relaunches iconic 3310
Finnish brand Nokia, a former mobile star, on Sunday launched three new Android smartphones and unveiled a revamped version of its iconic 3310 model more than a decade after it was phased out.
 
World stock markets diverged Monday, as a recent Trump-inspired rally showed signs of fragility.
 
New highs for US stocks; Dow win streak longest since 1987
Wall Street notched another set of milestones Monday as the Dow Jones industrial average closed at a record high for the 12th consecutive time, the longest winning streak for the 30-company average in 30 years.
 
Saudi Arabia on Sunday launched a parallel equity market designed to boost small and medium enterprises that closed up 20 percent, the maximum allowed in a single day, brokers said.
 
MediaTek is partnering with Nokia to standardize fifth-generation (5G) technology, the Taiwanese tech giant announced Monday at the Mobile World Congress in Barcelona.
 
The London Stock Exchange on Sunday said it is "highly unlikely" it will be able to meet antitrust conditions set by Brussels for its tie-up with Deutsche Boerse...
 
Saudi Arabia's Aramco will invest US$7 billion in a Malaysia oil refinery project, Prime Minister Najib Razak said Monday as he declared ties with the kingdom "at an all-time high."
 
Late department store chairman Albert Boscov is being remembered at a memorial service in Reading, Pennsylvania, as an energetic businessman, a caring person and a tireless cheerleader for the city he loved.
 
State-run oil giant taps China's vast geothermal reserves
Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for local homes.
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