Court Cast

New York Moves to Rein in AI ‘Lawyers’ With Bill Allowing Users to Sue Chatbot Platforms

2 minutes of reading

New York lawmakers are weighing a proposal that could sharply limit how artificial intelligence chatbots present themselves to users — particularly when it comes to offering professional advice. The legislation aims to stop AI systems from posing as licensed professionals such as attorneys, doctors, or therapists. If passed, it would prevent chatbots from delivering responses …

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Trump Ousts Homeland Security Chief Kristi Noem as Controversies Mount

3 minutes of reading

A dramatic shake-up has hit the administration of Donald Trump after the U.S. president dismissed Homeland Security Secretary Kristi Noem, ending months of mounting political pressure and internal turmoil surrounding the department. The decision came after a string of controversies that had steadily engulfed the Department of Homeland Security, including deadly encounters involving federal officers …

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Court Greenlights Trump’s Power to Halt Refugee Program, Leaving Thousands in Limbo

2 minutes of reading

A U.S. federal appeals court has ruled that President Donald Trump holds the authority to suspend refugee admissions to the United States indefinitely, reinforcing a cornerstone of his administration’s tough immigration stance. The decision came from a three-judge panel of the United States Court of Appeals for the Ninth Circuit, which largely overturned earlier restrictions …

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Tariff Showdown: Two Dozen U.S. States Challenge Trump’s New Global Import Duties

3 minutes of reading

A sweeping legal battle is unfolding in the United States after 24 states moved to block the latest round of global tariffs introduced by President Donald Trump, arguing that the administration is attempting to revive a trade policy already struck down by the country’s highest court. The coalition of states — led by Democratic leadership …

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Gulf Market Jitters Deepen as UAE Stocks Slide Further Amid Escalating Regional Tensions

2 minutes of reading

Equity markets in the United Arab Emirates stumbled again on Friday, extending a week of losses as investors reacted cautiously to the intensifying conflict unfolding across the Middle East. Trading resumed earlier in the week after exchanges paused operations for two days following a wave of missile and drone strikes launched by Iran over the …

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Aldar Keeps the Lights On: UAE Developer Signals Business as Usual Across Its Vast Portfolio

2 minutes of reading

Real estate heavyweight Aldar Properties says its sprawling operations across the United Arab Emirates are running smoothly, with communities, offices, retail centres and development projects continuing without disruption. The Abu Dhabi-based developer reported that activity across its residential neighbourhoods, commercial towers, logistics hubs, hotels, schools and retail destinations remains fully operational, underscoring the group’s operational …

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Investcorp’s GP Staking Strategy Gains Momentum as Second Fund Draws $1.1bn

2 minutes of reading

Bahrain-based investment powerhouse Investcorp has secured more than $1.1 billion in commitments for its second GP-staking vehicle, a milestone that signals growing investor appetite for backing private-market managers themselves rather than just their funds. The capital was raised for Investcorp Strategic Capital Partners II (ISCP II) and related vehicles, which together gathered over $1.25 billion …

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Gulf Credit Markets Find Their Footing as War Jitters Fade

3 minutes of reading

Corporate bond markets across the Gulf are beginning to steady after an initial bout of turbulence triggered by the outbreak of conflict in the Middle East. Spreads that widened sharply in the early days of the crisis have started to narrow again, signalling a cautious return of investor confidence across the region’s credit markets. The …

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Gulf Tensions Cast a Long Shadow Over the UAE’s Red-Hot Property Boom

3 minutes of reading

The glittering skyline of the United Arab Emirates has long symbolized a region that markets itself as stable, wealthy, and open for business. But recent Iranian missile strikes have jolted that narrative, raising questions about whether the country’s surging property market is heading into its first serious stress test. For years, real estate across the …

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Gulf Sovereign Funds Circle SoftBank’s PayPay as $1.1 Billion Nasdaq Debut Nears

2 minutes of reading

SoftBank’s digital payments arm, PayPay Corporation, is preparing for a major Wall Street entrance — and it will arrive with heavyweight backing from the Middle East. Two of the region’s most influential sovereign wealth funds, Abu Dhabi Investment Authority and Qatar Investment Authority, have stepped forward as cornerstone investors in the company’s planned Nasdaq listing. …

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