Admin
February 12, 2019 Regional News
Bloomberg Forces loyal to Libya’s eastern leader Khalifa Haftar have taken control of the country’s biggest oil field and say the deposit is secure and ready to resume production. Haftar’s self-styled Libyan National Army fanned out in the southwestern Sharara field, people with knowledge of the matter confirmed. Armed protesters had closed down the 300,000 barrel-per-day deposit in December, demanding ...
Read More »
Admin
February 12, 2019 Energy
Bloomberg US solar jobs fell for a second straight year as companies delayed projects in anticipation of President Donald Trump’s import tariffs. The good news: Employment is set to bounce back in 2019. The sector lost about 8,000 jobs in 2018, a 3.2 percent drop, as uncertainty over the tariffs announced early that year slowed large-scale projects, according to a ...
Read More »
Admin
February 12, 2019 International News, Uncategorized
Bloomberg T-Mobile US Inc. Chief Executive Officer John Legere heads to Capitol Hill this week to defend his proposed takeover of Sprint Corp., as doubts about the deal grow on Wall Street and opponents say it will raise monthly bills. Legere is set to appear Wednesday and Thursday before two House panels about the $26.5 billion tie-up, which would unite ...
Read More »
Admin
February 12, 2019 International News
Bloomberg The UK should tackle the power of Alphabet Inc.’s Google and Facebook Inc. over Britain’s news publishers and push the tech platforms to promote quality journalism, according to a report commissioned by the government to find remedies for the struggling local press. The Cairncross Review called for codes of conduct to govern commercial relationships between the Silicon Valley giants ...
Read More »
Admin
February 12, 2019 International News, Uncategorized
Bloomberg Defending the incentive package to attract Amazon.com Inc.’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.†“We had a real live choice to make —25,000 to 40,000 jobs, many of them good paying, that New Yorkers really want and ...
Read More »
Admin
February 12, 2019 International News
Bloomberg TUI AG fell as much as 8 percent after Europe’s biggest holiday company detailed how a glut of flights and hotel rooms is hurting earnings, giving investors more reasons for concern following a profit warning last week. The loss for the quarter through December more than doubled, with no prospect of a turnaround because prices are depressed by unfilled ...
Read More »
Admin
February 12, 2019 Politics, Uncategorized
Bloomberg President Donald Trump likes to boast about his disruptive foreign policy style—calling North Korea’s leader “Little Rocket Man†or announcing plans to pull troops from Syria without notifying his top generals. But with Venezuela, Trump is playing it uncharacteristically straight, using textbook diplomacy that he usually shuns in seeking the ouster of President Nicolas Maduro. Instead of going it ...
Read More »
Admin
February 12, 2019 Politics
Bloomberg The government of Prime Minister Scott Morrison has lost a crucial vote on a bill that allowed doctors greater say on the medical evacuation of sick asylum seekers from detention centers on Manus Island and Nauru. During a heated debate in the parliament, Morrison warned the changes would weaken Australia’s borders and raise national security concerns. Despite the defeat, ...
Read More »
Admin
February 12, 2019 Politics
Bloomberg The Catalonia drama unfolded on a new stage with the start of a historic trial of separatist leaders in Madrid — and it threatens to claim the scalp of a second Spanish prime minister in less than a year. Twelve separatists leaders — led by former Catalan vice-president Oriol Junqueras who is facing up to 25 years in jail ...
Read More »
Admin
February 12, 2019 Politics
Bloomberg The US will fight to regain influence in NATO’s eastern flank, particularly in countries such as Hungary where the government’s spotty record on democracy led to a freeze in relations that allowed Russia and China to extend their sway, Secretary of State Michael Pompeo said. Pompeo, in the first visit to Hungary by a US secretary of state since ...
Read More »