Saturday, August 19, 2017

Business News

German growth cools slightly in second quarter

Germany’s economy grew slightly slower than expected in the second quarter of the year, as a rise in imports offset strong domestic demand. However, the overall trend is positive, a good sign for Chancellor Angela Merkel as she heads into the elections in September. Ira Spitzer has more from Berlin

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WannaCry ‘accidental hero’ pleads not guilty in Kronos case

A British cyber security researcher has pleaded not guilty to charges he built and sold malicious code used to steal banking credentials.  Marcus Hutchins helped stop the global ‘WannaCry’ ransomware attack, which infected hundreds of thousands of computers in May. Technology Correspondent Rachel Silverman has details

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10 Emiratis to get AED 1 million to fund their business ideas

A government agency mandated to develop Dubai’s SME sector has recognised ten young entrepreneurs who’ve come up with innovative business ideas. They’re the winners of START, a competition organised by the Mohammed bin Rashid Fund, which helps unemployed Emiratis to start their own companies. They’ll be sharing a prize money ...

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