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Heatwave shows Germany needs more action on climate: Merkel

Bloomberg The blistering heatwave that struck Germany and other parts of Europe last month shows the country needs to take further action to protect the environment, Chancellor Angela Merkel said in her weekly podcast. “Extreme weather events are becoming more common,” Merkel said. “Together we must react to the situation.” The increased use of renewable energy, along with efforts to ...

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Starbucks apologises to Arizona police chief

Bloomberg Starbucks Corp issued an apology to Tempe, Arizona Police Chief Sylvia Moir and her department after six officers were asked to leave a store in the city following a request by a customer on July 4. The barista approached the officers as a customer didn’t feel safe in their presence, the Tempe Officers Association said in a series of ...

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Gates says Steve Jobs cast ‘spells’ to keep Apple from dying

Bloomberg Apple’s Steve Jobs was singular in his ability to take a company “on a path to die” and turn it into the world’s most valuable — in part by “casting spells,” billionaire Bill Gates said. Gates spoke of Jobs, the Apple Inc co-founder and chief executive officer who died of pancreatic cancer in 2011, in a segment on leadership ...

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Iran breaches nuclear deal limits set under 2015 pact

Bloomberg Iran said it would pursue nuclear talks with European nations in the coming days, while ratcheting up pressure on its partners to salvage the landmark 2015 deal by announcing it had abandoned restrictions on uranium enrichment. Deputy Foreign Minister Abbas Araghchi said his country hasn’t closed the diplomatic pathway with Europe, and that the US could join talks if ...

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British envoy called Trump inept and incompetent: Mail

Bloomberg Kim Darroch, the British ambassador to the US, described President Donald Trump as “inept” and “incompetent” in diplomatic memos to his bosses at the UK Foreign Office, the Mail on Sunday reported. The newspaper reported that Darroch used cables and briefing notes to comment on Trump and those who surround him. Trump’s White House was “uniquely dysfunctional” and given ...

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US envoy on North Korea heads to Europe for denuclearisation talks

Bloomberg The top US diplomat on North Korea heads to Europe for talks on removing nuclear weapons from the Asian peninsula, the State Department said, a week after an impromptu meeting between Donald Trump and the North’s Kim Jongun. US Special Representative Stephen Biegun will be in Brussels and then Berlin through Thursday to meet Lee Do-hoon, South Korea’s special ...

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‘Labour must speed up backing UK staying in EU’

Bloomberg Labour leader Jeremy Corbyn should move more quickly to make remaining in the European Union the party’s official position before a possible general election, Labour’s treasury spokesman John McDonnell said. While Labour’s deputy leader, Tom Watson, has for months been calling for the party to adopt the policy, or seek a second referendum, Corbyn has so-far refused to commit. ...

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Hong Kong protesters take message to mainlanders

Bloomberg Thousands of demonstrators chanting slogans marched through one of Hong Kong’s busiest tourist districts, the latest demonstration in weeks of mass protests triggered by a proposed law that would allow extraditions of criminals to mainland China for the first time. The marchers walked through the pedestrian-heavy Tsim Sha Tsui area as they headed towards the city’s new high-speed rail ...

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Europe has sharp trade message for Trump

The trade deal between the European Union and four of Latin America’s biggest economies is a sharp riposte to both US President Donald Trump and Britain’s Brexiters. The agreement, reached after 20 years of negotiations, will end tariffs on 93 percent of Mercosur’s exports to the EU over time, with the rest getting “preferential treatment.” European companies — including those ...

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Big tech firms have dug a moat

As US anti-monopoly authorities weigh possible investigations into America’s technology superpowers, there is one advantage the government can’t touch: the size, scale and might of the tech giants’ computer networks, logistics machines and other infrastructure. This week, Bloomberg News wrote about the irony of the last decade of flourishing technology startups. Many of the upstarts might not exist without the ...

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