International News

Bloomberg The US Commerce Department has recommended the White House take steps to protect the domestic production of uranium after finding the nation’s reliance on imports was a national security risk, said three people briefed on the matter. Among the trade remedies recommended is to require nuclear power plants to purchase a minimum of 5 percent of the radioactive fuel ...

Bloomberg T-Mobile US Inc.’s acquisition of Sprint Corp. drew additional opposition from states as four more attorneys general joined a lawsuit seeking to block the merger of the wireless carriers, sending Sprint shares lower. The attorneys general of Massachusetts, Hawaii, Minnesota and Nevada are signing on to the complaint, a lawyer for New York said at a court hearing. That ...

Bloomberg Corn prices have been on an epic run. Now, soybeans could soon be catching up. With more rains forecast for the US Midwest, oilseed plantings are under threat and hedge funds are backing away from their bearish wagers. Meanwhile, corn is heading for its best quarterly advance since 2010 and the funds are betting there’s more room to run, ...

Bloomberg Flames leap from cauldrons brimming with molten iron as they’re tipped into giant vats at one of Europe’s largest steel mills. Heated to over 1,000 degrees Celsius (1,832 Fahrenheit) in furnaces fired by coal, the liquid metal sloshing at Thyssenkrupp AG’s facility in Duisburg, Germany, will eventually wind up in automobiles, wind turbines and everyday household items from washing ...

Bloomberg Nissan Motor Co CEO Hiroto Saikawa is due to be questioned by the board on Monday about allegations by a former senior executive that he broke company rules to pay for a house in Tokyo, according to people familiar with the matter. Saikawa will be asked at the extraordinary meeting whether date restrictions on selling compensation-linked stock were altered ...

Bloomberg The billionaire founder of Apple Inc’s largest supplier asked the US company to move from China to neighbouring Taiwan. “Speaking from the perspective of the Republic of China, I will plead to Apple to come to Taiwan,” said Terry Gou, who remains the largest shareholder in Hon Hai Precision Industry Co, answering a question about whether Apple will shift ...

Bloomberg SoftBank Group Corp founder Masayoshi Son says he wants to re-list ARM Holdings Plc within five years, re-introducing stock markets to the British chipmaker his company bought for $32 billion in 2016. SoftBank has not yet decided where the public offering will be held, Son said in Taipei. Founded in 1990, ARM quietly grew into the UK’s largest listed ...

Bloomberg Oyo Hotels & Homes, a lodging operator backed by SoftBank’s Vision Fund, is betting the same formula that fuelled the company’s rapid growth in India and China can work in the US. Oyo, which opened its first US hotel at the beginning of the year, plans to invest $300 million to expand in the country, Chief Executive Officer Ritesh ...

Bloomberg Chinese telecommunications giant Huawei Technologies Co sued the US over the seizure of telecommunications equipment by American officials who were investigating whether the gear required an export license to leave the country. Huawei, China’s largest smartphone maker, said it’s been waiting for nearly two years for a decision by the US Commerce Department on whether the unspecified equipment can ...

Bloomberg Poland blocked a push endorsed by German Chancellor Angela Merkel for the European Union to end greenhouse gas emissions by 2050, setting a sour tone for a summit that ended with a failure to decide who’s going to lead the bloc’s key institutions. Before the gathering, Merkel allied with the heads of several mostly western EU states to support ...