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May 19, 2019 International News, Uncategorized
Bloomberg At the age of 75, Mikiko Kuzuno found herself recently laid off and applying for a job at a factory near Tokyo. She insisted on making the application in person. “I asked them to please take a look at me,†she said. “I wanted to show them how healthy I am. Some people are very frail.†Kuzuno, 78, is ...
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May 19, 2019 International News
Bloomberg Toyota Motor Corp rebuked President Donald Trump’s declaration that imported cars threaten US national security, signaling contentious talks are ahead for the White House and America’s key trading partners. In an unusually strong-worded statement, Japan’s largest automaker said Trump’s proclamation that the US needs to defend itself against foreign cars and components “sends a message to Toyota that our ...
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May 19, 2019 International News, Uncategorized
Bloomberg CBS Corp’s seemingly inexorable march towards acquiring Viacom Inc. may take a detour. The broadcasting giant recently talked to Lions Gate Entertainment Corp about buying that company’s Starz cable network, according to people familiar with the matter, a deal that could happen alongside a potential purchase of Viacom. CBS made an informal bid of about $5 billion that was ...
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May 19, 2019 International News
Bloomberg Business Secretary Greg Clark pledged 28 million pounds ($36 million) to research electric car batteries as he pushes for the UK to establish an industry-leading factory. The cash for the Coventry, central England-based Battery Industrialisation Centre adds to an initial investment of 80 million pounds, Clark’s Department for Business, Energy and Industrial Strategy said in a statement. The government ...
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May 19, 2019 International News, Uncategorized
Bloomberg California investigators have determined that PG&E Corp.’s power lines ignited the deadliest blaze in state history, opening the door for more liabilities that the company has already warned may exceed $30 billion. A transmission line owned by PG&E sparked the Camp Fire that killed 85 people and destroyed an entire town in November, the California Department of Forestry and ...
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May 19, 2019 International News
Bloomberg British workers are enjoying a resurgence of bargaining power as labour shortages leave employers struggling to fill jobs. Basic pay rose an annual 3.3% in the first quarter, close to the fastest pace since 2008, Office for National Statistics figures show. Pay including bonuses rose 3.2%. The increase came as the number of people in work rose by 99,000, ...
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May 19, 2019 International News, Uncategorized
Bloomberg New York denied a key permit for a $1 billion Williams Cos. shale gas pipeline, dealing a critical blow to a project that would shuttle fuel to customers in New York City and Long Island. The New York State Department of Environmental Conservation said that the pipeline would result in water quality violations, including those caused by kicking up ...
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May 19, 2019 International News
Bloomberg Arkema SA agreed to buy a US-based supplier of mining-additives from Golden Gate Capital for $570 million as part of Chief Executive Officer Thierry Le Henaff’s drive to expand in higher-margin specialty chemicals. Purchasing ArrMaz Custom Chemicals Inc. will add a portfolio of defoamers and other so-called surfactants also used in road construction and agrochemicals generating annual sales of ...
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May 19, 2019 Politics, Uncategorized
Bloomberg Saudi Arabia does not want a war with Iran but will respond “with strength and determination†if Iran decides to start one, a top Saudi official said. “We don’t want a war in any way, but at the same time we won’t allow Iran to continue its hostile policies towards the kingdom,†Minister of State for Foreign Affairs Adel ...
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May 19, 2019 Politics
Bloomberg At least 16 people were injured when an explosive device targeted a tourist bus near the Giza pyramids in Egypt, said Hanaa Serour, an official at the Health Ministry. Some of the wounded were foreign nationals, according to Mohammed El-Saghir, head of police investigations in Giza’s al-Haram neighbourhood. The blast occurred in front of a museum that’s under construction, ...
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