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  Bloomberg There’s a war brewing over the future of rooftop solar, and Arizona is at ground zero. Pinnacle West Capital Corp., which owns the state’s largest utility, last week said it has formed a third-party group to support candidates for an elected state board that regulates their industry. The move promises to inject $1 million into a race in ...

  Washington / AFP A polarized America went to the polls on Tuesday to pick its 45th president, choosing to elect either Hillary Clinton as the nation’s first female commander in chief or billionaire businessman Donald Trump after a long and rancorous campaign that upended US politics. The winner will inherit an anxious nation, angry and distrustful of leaders in Washington. ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, received HRH Prince Charles, the Prince of Wales, at his palace in Zabeel on Tuesday afternoon. Sheikh Mohammed welcomed Prince Charles in the presence of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, HH Sheikh ...

  Dubai / Emirates Business Global property developer Emaar Properties recorded 19 per cent growth in net profit to AED 3.620 billion during the first nine months (January to September) of this year compared to a net profit of AED 3.048 billion during the same period in 2015. Revenue for the first nine months of 2016 was AED11.103 billion. This ...

  DUBAI / WAM National Bonds Corporation, National Bonds, has renewed its partnership with du to support WiFi UAE, a country-wide initiative to provide WiFi access to the public, in line with the UAE Vision 2021. WiFi UAE currently covers Abu Dhabi, Dubai, Sharjah, Al Ain and Ras Al Khaimah. It offers free internet access across Dubai Metro, Dubai Tram, Dubai ...

  Abu Dhabi / Emirates Business Buoyed by rapid technology cost reductions and the consolidation of renewable energy policies, Latin America hosts some of the world’s most dynamic renewable energy markets, according to a new report by the International Renewable Energy Agency (IRENA). Renewable Energy Market Analysis: Latin America finds that the region – endowed with some of the world’s ...

  Dubai / Emirates Business DEWA’s 200MW Photovoltaic Plant Project Activity successfully achieved the Clean Development Mechanism (CDM) registration under UNFCCC with an initial crediting period of seven years. The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site project of its kind in the world. It will generate 1,000MW by 2020, and 5,000MW by 2030, with total ...

  Bloomberg India plans to sell as much as 50 billion rupees ($750 million) of offshore rupee bonds in London and Singapore and use the proceeds to accelerate construction of roads and ports in Asia’s third-largest economy. State-owned National Highways Authority of India will raise the funds, Transport Minister Nitin Gadkari said, adding that the masala bonds are expected to ...

Bloomberg India will abolish the country’s largest currency notes in a fight against unaccounted wealth and corruption, Prime Minister Narendra Modi said in an unscheduled address to the nation. The government will scrap 500 rupee and 1,000 rupee notes from Wednesday. The notes in circulation will have to be deposited in banks by end of December, he said in a ...

  Bloomberg Vestas Wind Systems A/S slumped after Chief Executive Officer Anders Runevad said growth may slow next year after third-quarter results were strong enough to boost his outlook for this year. Runevad said 2016 will be an “extraordinary year” for the Danish manufacturer of wind turbines and that sales are likely to slump in the US in 2017, the ...