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Bloomberg New Zealand Prime Minister Jacinda Ardern said she will change gun laws as the country reels from a terrorist attack at two mosques that left 49 people dead and several still fighting for their lives. “While the nation grapples with a form of grief and anger that we have not experienced before, we are seeking answers,” Ardern told a ...

Bloomberg Qualcomm Inc. won the first US jury trial in its global dispute with Apple Inc. over how much the iPhone maker should pay for using the chipmaker’s patented technology. A federal jury in San Diego awarded Qualcomm about $31.6 million in damages on its patent infringement claims. Qualcomm jumped as much as 3.5 percent before finishing up 2.2 percent ...

Bloomberg Uber Technologies Inc. is in advanced discussions to sell a $1 billion stake in its costly self-driving car unit to a consortium of investors led by SoftBank Group Corp., people familiar with the plans said. The deal would value the autonomous-vehicle business at $5 billion to $10 billion, and Uber would retain a majority stake, said the people, who ...

Bloomberg With or without Brexit, Britain is surely the toughest market for European utilities to make money in right now. After years and years of surging bills, disgruntled homeowners are abandoning the nation’s biggest energy suppliers at an alarming rate. In strikingly somber tones, utilities from Innogy SE to Centrica Plc have dished out bearish outlooks detailing their woes in ...

TASHKENT / WAM The third session of the Joint Economic Committee between the UAE and Uzbekistan was held in Tashkent, the Uzbek capital. The Committee was chaired by Sultan bin Saeed Al Mansouri, Minister of Economy, representing the UAE Government, and Ganiev Elyor Majidovich, Deputy Prime Minister of Uzbekistan. Mohammed Hareb Al Mehairbi, UAE Ambassador to Uzbekistan, also attended the ...

Abu Dhabi / WAM Aldar Properties PJSC,Aldar, on Wednesday announced the official opening of Al Jimi Mall’s major expansion and outdoor retail park. The expansion to Al Ain’s first and favourite shopping and entertainment destination gives Aldar a AED 1 billion asset in Al Ain, which will see the arrival of over 100 new brands and F&B outlets, bringing the ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec), signed a Memorandum of Understanding (MoU), with Enusa Industrias Avanzadas (Enusa), defining a framework for collaboration and the exchange of information and expertise in the field of nuclear fuel services. The MoU was signed at Enec’s headquarters in Abu Dhabi, by Mohamed Al Hammadi, CEO of Enec, and Jose Vicente ...

Dubai / WAM DP World Berbera has achieved another milestone for Somaliland, commissioning the first Mobile Harbour Cranes (MHCs), at the Port of Berbera this month. The introduction of the MHCs is a landmark development by DP World Berbera, as the port will for the first time offer shoreside crane support, substantially improving vessel operations. The $12 million investment on ...

Bloomberg Paul Manafort will serve a total of seven-and-a-half years in prison for felonies uncovered as part of Special Counsel Robert Mueller’s investigation into Russian election interference, as a judge extended his sentence on Wednesday while delivering a blistering denunciation of his illegal conduct and habitual lying. US District Judge Amy Berman Jackson in Washington ordered that Manafort must serve ...

Bloomberg Subdued inflation in India is proving to be a dilemma for Prime Minister Narendra Modi weeks before a crucial vote. While most politicians heading into elections would want to cheer their efforts in taming the inflation dragon — especially in emerging economies like India, where price surges can oust governments — Modi has been restrained about this achievement. That’s ...