Bloomberg Russian President Vladimir Putin called US President Donald Trump to thank him for intelligence that helped prevent terrorist acts as the country prepares to celebrate the New Year’s holidays. While the Kremlin didn’t provide any details in its statement, the Federal Security Service, or FSB, said it arrested two people in St. Petersburg who were planning attacks during the ...
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US strikes bases of Iranian-backed militia in Iraq
Bloomberg The US launched air strikes on five bases in Iraq and Syria used by an Iranian-backed militia after repeated attacks on the American-led coalition operating in the region. “What we did was take a decisive response that makes clear what President Trump has said for months and months and months, which is that we will not stand for the ...
Read More »Kim weighs offensive security measures
Bloomberg Kim Jong Un urged “positive and offensive measures†to bolster North Korea’s security, as the Trump administration said it was watching for provocations around the regime’s year-end deadline. Kim issued his call for action during an unusually large and lengthy meeting of North Korea’s ruling Workers’ Party, which continued behind closed doors on Monday in Pyongyang. Donald Trump’s national ...
Read More »Rare Chinese bureaucratic rejig reveals future leaders
Bloomberg China’s sprawling bureaucracy is undergoing a regional reshuffle of a rare scale, with new appointments and job swaps offering hints of potential future leaders being groomed by Beijing. At least 32 new mayoral-level officials have been appointed since December 21, with 29 of them being relocated to a new province for the first time, according to data compiled by ...
Read More »Investors signal big-premium deals over after bad year for energy M&A
Bloomberg After a fairly abysmal 2019 for US energy mergers and acquisitions, investors are signalling to oil executives and investment bankers that the days of big-premium deals are over. Some of the year’s most notable mergers, including Occidental Petroleum Corp’s blockbuster takeover of Anadarko Petroleum Corp, were met with investor criticism and the sustained selling of the acquirer’s stock. Shareholders ...
Read More »Rio Tinto all set to restart its mine in South Africa
Bloomberg Rio Tinto Group is resuming operations at its South African mine that was shuttered earlier this month because of escalating violence in surrounding communities. The Richards Bay Minerals unit should be back at full operations in early January, leading to regular production in early 2020, Rio said in a statement on Monday. The decision was taken after discussions led ...
Read More »US urged to honour One-China policy amid trade deal talks
Bloomberg A senior Chinese diplomat said China will honour its phase-one trade commitments, and suggested that the US live up to theirs on issues such as Taiwan. In an interview with Chinese state television CGTN on December 28 night, Cui Tiankai, China’s ambassador to the US, also said talk of a new cold war was “very irresponsible.†The comments came ...
Read More »â€˜Johnson won’t ‘die in a ditch’ over Brexit timeline’
Bloomberg The UK is likely to drop its opposition to extending the Brexit transition period beyond 2020, European Union Trade Commissioner Phil Hogan said. In an interview with the Irish Times, Hogan said that Prime Minister Boris Johnson had previously pledged to “die in a ditch†rather than extend an earlier deadline of October 31 to exit the bloc — ...
Read More »Behavioural scientist, data analyst top jobs next year
Bloomberg The next decade could see growing demand for behavioural scientists, data analysts, upcycled clothing designers and even digital detox consultants. Brexit, climate change, an economic slowdown and technology are among the factors that could have the greatest impact on jobs in the 2020s, according to the UK’s Royal Society for the encouragement of Arts, Manufactures and Commerce. It looked ...
Read More »Netflix’s rally underlines shift to streaming
Bloomberg Over the past 10 years, Netflix Inc has led a revolution in the way the world consumes entertainment, and in doing so, it ruled over Wall Street. The shares have soared nearly 4,100% since the end of 2009, a gain that at one point made Netflix a larger company than Walt Disney Co by market value. No other S&P ...
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