Bloomberg President Donald Trump is facing rising pressure from prominent Republicans to begin a transition to President-elect Joe Biden — or even concede defeat — as Trump’s long-shot legal challenges failed to gain traction. Several key allies for Trump appeared to lose their patience over the weekend. Senators Lisa Murkowski of Alaska and Kevin Cramer of North Dakota — one ...
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UK mulls future of HK judges over security law
Bloomberg Foreign Secretary Dominic Raab is consulting with the UK’s most senior legal officer on the position of British judges in Hong Kong’s Court of Final Appeal, as he condemned China’s “chilling†national security law for suppressing legal freedoms in the former British colony. Hong Kong’s independent judiciary is a key to its success as a global financial hub, and ...
Read More »Ethiopia conflict spurs opposing narratives as battle rages
Bloomberg Ethiopia’s government and Tigrayan authorities have issued contradictory accounts of who’s winning a conflict that’s been raging in the dissident northern state since November 4 and triggered a humanitarian crisis in Africa’s second-most populous nation. Prime Minister Abiy Ahmed’s administration said its troops have seized control of several Tigrayan towns, indicated the fall of its capital, Mekelle, is imminent ...
Read More »Mike Pompeo confirms US formally withdraws from Open Skies Treaty
Bloomberg The US has withdrawn from the Open Skies Treaty due to non-compliance by Russia, Secretary of State Michael Pompeo said, making good on a planned move by the outgoing Trump administration. The move was immediately criticised by a top Democrat, who urged President-elect Joe Biden to reverse the decision next year. “Today, pursuant to earlier notice provided, the United ...
Read More »US senior military official on surprise visit to Taiwan
Bloomberg A senior US military officer who oversees intelligence gathering for the Indo-Pacific Command made an unannounced visit to Taiwan, Reuters reported, a move that risks further raising tensions between Washington and Beijing. The visiting official was US Navy Rear Admiral Michael Studeman, Reuters said, citing two unidentified sources. In a statement, Taiwan’s Foreign Ministry said it welcomed the visit ...
Read More »HK activist Wong held in custody after guilty plea
Bloomberg Prominent Hong Kong activist Joshua Wong was taken into custody on Monday after he pled guilty to inciting and organising an unauthorised assembly for his part in a dramatic siege of police headquarters last year during the city’s mass protests. The activist, however, entered a not guilty plea to the charge of knowingly taking part in an unauthorised assembly, ...
Read More »UK sees Astra, Pfizer vaccine rollout starting next month
Bloomberg Health Secretary Matt Hancock said the UK plans to start rolling out two coronavirus vaccines next month before the program gathers pace in the new year, with a return to “normal†possible in the spring. Hancock was responding to trial results announced on Monday by the University of Oxford and AstraZeneca Plc showing their Covid-19 vaccine prevented a majority ...
Read More »Jeff Bezos hands $684m of Amazon stock to nonprofits
Bloomberg Jeff Bezos gave $684 million of Amazon.com Inc stock to non-profits, days after posting on Instagram that he’d chosen 16 organisations to be the first recipients of money from the Bezos Earth Fund. The world’s richest man donated 220,825 shares of the e-commerce juggernaut, according to a filing with the US Securities and Exchange Commission. The Amazon founder has ...
Read More »Zurich may buy MetLife’s insurance business in US
Bloomberg Zurich Insurance Group AG said it’s in talks to buy MetLife Inc’s US property and casualty unit, which offers coverage for homes and automobiles. “Zurich subsidiary, Farmers Group Inc, is proposing to acquire the business in conjunction with the Farmers Exchanges,†the Swiss insurer said in a statement. “The terms of any transaction are subject to negotiations and there ...
Read More »Google changes targeted by rivals in complaint to British regulator
Bloomberg Google’s planned changes to advertising data were targeted by a group of rivals who pushed UK regulators to make the company a top antitrust priority. Marketers for an Open Web is asking the Competition and Markets Authority (CMA) to temporarily halt Google’s rollout of so-called privacy sandbox technology next year, it said in an emailed statement on Monday. The ...
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