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September 4, 2019 International News
Bloomberg In Indonesia, the chicken comes before the egg. At least in the sense that the government is asking poultry breeders to throw away 10 million eggs or give them away for free in an attempt to support slumping chicken prices. It’s hoping that a reduction in the number of eggs that may hatch will shrink chicken supplies and prop ...
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September 4, 2019 International News, Uncategorized
Bloomberg Google and its industry allies are making a late bid to water down the first major data-privacy law in the US, seeking to carve out exemptions for digital advertising, according to documents obtained by Bloomberg and people familiar with the negotiations. A lobbyist for Google recently distributed new language to members of California’s state legislature that would amend the ...
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September 4, 2019 International News
Bloomberg Hurricane Dorian menaced the US East Coast with devastating flooding and winds, lashing Florida after laying waste to the Bahamas in a brutal two-day battering that caused damage that may cost the islands billions of dollars. The centre of the Category 2 hurricane was located about 90 miles (145 kilometres) east of Daytona Beach, Florida, with maximum sustained winds ...
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September 4, 2019 International News
Bloomberg Electrolux AB has revamped its marketing message, stealing a page from fellow Swedish brands Volvo Cars and Ikea that highlight progressive Nordic values like sustainability, safety and simplicity. The fresh approach coincides with a renewal of Electrolux’s lineup of stoves, refrigerators and other appliances, as well as trade and tariff turmoil that’s forced the 100-year-old company to raise prices. ...
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September 4, 2019 International News, Uncategorized
Bloomberg The UK may be on course for its first recession since the financial crisis after Brexit uncertainty pushed down the nation’s dominant services industries more than expected. Growth in the sector almost stalled last month, IHS Markit said as it published its Purchasing Managers Index on Wednesday. With similar surveys indicating the nation’s manufacturing and construction industries are in ...
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September 4, 2019 International News, Uncategorized
Bloomberg Angela Merkel’s government aims to phase out herbicides containing glyphosate by the end of 2023, a move that could generate further headwinds for German drug and chemical giant Bayer AG. As part of the proposal approved by her cabinet on Wednesday, the government intends to oppose any request for the EU to renew the license to produce the weedkiller, ...
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September 4, 2019 Politics, Uncategorized
Bloomberg Hong Kong’s embattled leader, Carrie Lam, formally withdrew legislation to allow extraditions to China, a political retreat that may help ease — but not end — months of unrest in the Asian financial hub. Lam announced the move in a televised address on Wednesday, after a meeting with pro-establishment politicians including local legislators and the city’s representatives to national ...
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September 4, 2019 Politics
Bloomberg Kelly Craft is expected to leave bombast to Donald Trump, swagger to Michael Pompeo and hard-line strategy to John Bolton when she takes her seat as US ambassador at the UN next week. In an administration known for its confrontations with both allies and adversaries, Craft, a wealthy Trump campaign contributor who previously served as envoy to Canada, has ...
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September 4, 2019 Politics
Bloomberg Iran said it was unlikely to reach a much-anticipated agreement with Europe in time to avert another Iranian retreat from the limping nuclear deal, but gave European powers two more months to try to keep the accord alive. While president Hassan Rouhani said his country would unveil on Thursday further plans to ramp up its atomic activities, the extension ...
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September 4, 2019 Politics
Bloomberg Contractors who run US detention centres for migrant children employed people who hadn’t completed background checks or didn’t meet educational requirements, potentially putting kids “at risk,†the health department’s internal watchdog said. More than half of shelters supervised by the Department of Health and Human Services allowed new employees to begin work without completing an FBI background check, a ...
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