Bloomberg Yahoo is punishing CEO Marissa Mayer and parting ways with its top lawyer for the mishandling of two security breaches that exposed the personal information of more than 1 billion users and already have cost the company $350 million. Mayer won’t be paid her annual bonus nor receive a potentially lucrative stock award because a Yahoo investigation concluded ...

  Bloomberg UK manufacturing growth slowed for a second month in February and price pressures cooled, a sign that the effects of the pound’s drop may be easing. IHS Markit’s Purchasing Managers Index fell to 54.6 from a revised 55.7, above the 50-mark dividing expansion from contraction but below economists’ expectations for 55.8. The pound’s fall since the UK’s June ...

  Bloomberg Euro-area inflation accelerated to the fastest pace since January 2013, providing fresh arguments to those calling for an exit from the European Central Bank’s monetary stimulus program. Consumer prices rose 2 percent in February from a year earlier, the European Union’s statistics agency in Luxembourg said on Thursday. That matched the median estimate of 47 analysts surveyed by ...

  Bloomberg Morgan Stanley’s real estate investing unit plans to sell its stake of almost 12 percent in the London skyscraper known as the Walkie Talkie, according to three people familiar with the plan. China Investment Corp., which owns a portion of the 20 Fenchurch Street building, is considering bidding for the stake, which is valued at about 120 million ...

  Bloomberg Forget email, Slack and the humble telephone. When workers at one Australian company want to talk to colleagues in China, they just turn their heads and look down the “wormhole”. Large screens at the end of each row of desks offer a digital window between offices in Melbourne and Xi’an—7,000 kilometers apart—at real-estate company REA Group Ltd. The ...

  Bloomberg Line Corp. outlined an ambitious artificial-intelligence strategy that promises to transform Japan’s most popular messaging service while pitting it against Google, Facebook Inc. and Amazon.com Inc. The company is launching a suite of AI software tools to power an online digital assistant capable of conversing in Japanese and Korean, Line said at the Mobile World Congress in Barcelona. ...

  NEW YORK / AP Twitter is adding more tools to curb abuse on its service as part of its ongoing effort to protect users from hate and harassment. Among other things, the service will attempt to identify offenders on its own, even if no one has reported them first. It is the second time in three weeks the company ...

  Bloomberg Niantic Inc., a San Francisco startup, will unveil three new updates to Pokemon Go this year, plus a new version of its original game Ingress, seeking to build on the success of its augmented reality offerings. The developer is also busy working on new augmented reality games, Niantic Chief Executive Officer John Hanke said at a session at ...

  DUBAI / WAM The Federal Electricity and Water Authority (FEWA) has signed an agreement with Mubadala Investment Company, and Siemens, to study the technical and financial viability of building a 2,400 MWA combined cycle power plant (CCPP). Suhail bin Mohammed Al Mazrouei, Minister of Energy and Chairman of FEWA, attended the signing ceremony between Mohammed Mohammed Saleh, Director-General of ...

  Abu Dhabi / WAM The value of non-oil foreign merchandise trade through Abu Dhabi ports increased by 0.1 percent from AED 169.0 billion in the year to date (Jan-Dec) 2015 to AED 170.6 billion in the same period of 2016, according to figures released by Statistic Centre – Abu Dhabi (SCAD). ‘‘This was mainly a result of a 31.7 ...