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  Bloomberg India is considering turning to the private sector to help plug a chronic shortage of capital for infrastruc- ture projects. The Reserve Bank of India is proposing Asia’s third-largest economy offer licenses to private companies to set up infrastructure banks. That could help finance $1.5 trillion in roads, ports, power and other projects over the next 10 years ...

  Bloomberg Qualcomm Inc. accused Apple Inc. of lying to regulators to spur investigations of the chipmaker, and threatening it to cover up the use of inferior parts in some iPhones. The world’s largest maker of phone semiconductors responded to a January lawsuit from Apple with counterclaims for damages late on Monday, alleging the iPhone maker breached contractual pledges, mischaracterized ...

  Bloomberg BMW AG, Ford Motor Co. and Jaguar Land Rover are among the winners of 110 million pounds ($136 million) from the UK for the development of low-carbon vehicles and driverless cars. The funding for a total of 38 projects, including 62 million pounds for low-emission cars and 31 million pounds for autonomous vehicles, will help protect almost 2,400 ...

  Bloomberg UK grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like Tesco Plc and Wal-Mart Stores Inc.’s Asda are ratcheting them ...

  Bloomberg UK inflation’s upward trajectory paused in March as the timing of Easter led to a drop in airfares, offsetting increases in the price of food and clothing. While the rate was unchanged compared with February at 2.3 percent, that’s still the highest since 2013 and up from just 0.5 percent a year ago. The increase over the past ...

  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, on Monday received, at the Qasr Al Bahr Palace, Mohamed Abdullahi Farmajo, President of the Federal Republic of Somalia, who is currently visiting the country. His Highness welcomed President Farmajo and his accompanying delegation, ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that the efficiency and success of the government is measured by it achievements and its ability to secure its goals on time. “Under the leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of ...

  Dubai / WAM Emirates Auction, a Middle East leader in organising and managing auctions and e-auctions, announced the launch of its first subsidiary in Bahrain, under the name of “Arabian Auction.” Emirates Auction said the launch of its new company, which will begin its operations in the next few days, compliments its expansion plans and its remarkable success through its ...

  Bloomberg Western powers are weighing new sanctions on Russia and Syria for a deadly chemical attack last week, as leaders seek to present a united front ahead of Secretary of State Rex Tillerson’s visit to Moscow. “The game has now been changed and it’s important that message should be heard from the Americans to the Russians,” British Foreign Secretary ...

  Bloomberg Volkswagen AG is making progress settling US legal claims from its emission-cheating scandal, but one challenge looms unresolved: What to do with the hundreds of thousands of diesel cars it is being forced to buy back? The German automaker agreed last year to buy back about 500,000 diesels that it rigged to pass US emissions tests if it ...