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Fighting the Islamic State has left most of northern and western iraq in ruins and notetakers ready to pay for the rebuilding efforts. Baghdad says at least 100 nationwide,eeded but local leaders and muscle say that is needed to repair their city alone. Iraq hopes saudi arabia, iran, and other gulf countries will step up. The u. S. Has told the rocket will not pay for a massive reconstruction drive. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am nabila ahmed. This is bloomberg. Julie live from bloombergs World Headquarters in new...

Im kayle Bloomberg Technologys next. Cory im cory johnson, in for emily chang. This is Bloomberg Technology. Softbanks ceo is about to add to his tech portfolio. Buer uber investors agreed to sell him a 20 stake in the right ailing giant ridehailing giant. We will look back at the year uber likely wants to forget, but we wont. Plus, more highlights of our interviews with leaders who helped Shape Technology over the past year. Son of softbank close on a deal to buy a large stake in uber. The sale implies a 48 billion valuation for uber, way down from the 69 billion valuation it achieved not lon...

Ride hailer to a group led by softbank. Implies a the deal valuation of 48 billion for uber and more than a billion will be invested. It makes softbank one of ubers largest shareholders and counts seats on the board. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Lets take a look now at the markets. Hong kong and china, currently closed for lunch but heres how the morningading in session. This is the picture in and mumbai. Okyo back in half an hour. Time now for the best of bloomberg markets, middle east. [music] im cory johnson in fo...

Working from the control room to make sure that that impacts not too severe. Drivers are advised only to travel if necessary. Judith moritz, bbc news, wakefield. Now, its time for the weather. After today brought snow for some of us, the weather is going to turn progressively less wintry. A band of rain pushing northwards and east was during the night. Some snow for high ground of wales, Northern England and maybe low levels in Northern Ireland. A mild night to the south but Northern Areas across scotland, north east england, it will turn cold enough for frost and perhaps icy stretches into to...

Lowered iphone x shipment projections for the next quarter. Sales have declined. The iphones high price and a lack of groundbreaking innovations. We talked to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. There was a fear if they got too close to samsungs highend smartphone. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products that have very similar features. Nobody quite yet has the Face Identification or the sensor that the iphone has. Some of these analyst...