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Bloomberg UK inflation held at a 5 1/2-year high in October, as cheaper auto fuel offset the rising cost of food. Consumer prices rose 3 percent from a year earlier, the Office for National Statistics said on Tuesday. Economists had expected inflation to accelerate to 3.1 percent. It means Bank of England Governor Mark Carney has been spared having to ...

Bloomberg Targeted ads that seem to follow you everywhere online may soon be doing the same on your TV. The Federal Communications Commission (FCC) is poised to approve a new broadcast standard that will let broadcasters do something cable TV companies already do: harvest data about what you watch so advertisers can customise pitches. The prospect alarms privacy advocates, who ...

WASHINGTON / Reuters A US appeals court in California let President Donald Trump’s latest travel ban go partially into effect, ruling the government can bar entry of people from six Mus- lim-majority countries with no connections to the United States. A three-judge panel of the San Francisco-based 9th US Circuit Court of Appeals partially granted a Trump administration request to ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Monday at Al Bahr Palace, Sameh Shoukry, Egypt’s Minister of Foreign Affairs, as part of his tour in the region. His Highness Sheikh Mohamed welcomed the Egyptian Foreign Minister and discussed fraternal ...

Dubai / Emirates Business Dubai Aerospace Enterprise (DAE) Ltd announced its leasing division, DAE Capital, and Gulf Air, the Kingdom of Bahrain’s national carrier, have signed an aircraft lease agreement for five Boeing 787-9 Dreamliner aircraft that are scheduled to enter the Gulf carrier’s fleet in 2018. These modern, fuel efficient planes will help Gulf Air expand its network, facilitating ...

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, over 200 global health leaders will gather in Abu Dhabi on Wednesday, for ‘Reaching the Last Mile – Mobilising Together to Eliminate Infectious Disease’. This milestone convening of government officials, ...

Abu Dhabi / Emirates Business The Khalifa University of Science and Technology, a research university dedicated to the advancement of learning through teaching and research and to discovery and application of knowledge, has announced it is participating through Petroleum Institute as an academic partner in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017. ADIPEC, which opened today, runs ...

Bloomberg American Tower Corp. agreed to buy mobile-phone towers from Vodafone Group Plc’s Indian business and Idea Cellular Ltd., boosting its infrastructure in the country by a third, as the merging carriers sell off assets to raise cash for debt repayment amid a scathing price war. The Boston-based real estate investment trust agreed to pay 78.5 billion rupees ($1.2 billion) ...

Bloomberg Razer Inc. climbed 18 percent in its Hong Kong coming-out party, as the maker of gaming laptops and accessories rode red-hot demand for first-time technology share sales this year. The San Francisco and Singapore-based company closed at HK$4.58 on Monday, a first-day performance bested only by e-books publisher China Literature and Wuxi Biologics among Hong Kong initial public offerings ...

Bloomberg Uber Technologies Inc. approved SoftBank Group Corp.’s offer to buy a multibillion-dollar stake in the ride-hailing company, setting the stage for one of the largest private startup deals ever. The agreement lets SoftBank and other firms invest up to $1 billion in Uber and proceed with a tender offer in coming weeks to buy up to $9 billion in ...