December, 2020

• 24 December

  Russia sees nothing good in ties from ‘hostile’ US under Biden

  

  Bloomberg Russia expects nothing good in relations with a “deeply hostile” US under the incoming administration of Joe Biden and has no plans to make unilateral concessions to improve ties, Deputy Foreign Minister Sergei Ryabkov said. “We are heading from bad to worse,” Ryabkov said in an interview with the Interfax news service published on Wednesday, which he later confirmed ...

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• 24 December

  Hong Kong media tycoon freed on bail

  

  Bloomberg Hong Kong media tycoon and Next Digital Ltd. founder Jimmy Lai has been granted bail by Hong Kong’s High Court, local media including the Apple Daily newspaper reported. Lai was charged earlier this month with colluding with foreign forces under the city’s new national security law. He is the owner of the pro-democracy Apple Daily. Lai was released on ...

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• 24 December

  Canada PM shuts out China again, rejects Arctic gold deal

  Bloomberg Prime Minister Justin Trudeau’s government rejected a plan by China’s Shandong Gold Mining Co. to acquire a gold miner that operates in the Canadian Arctic, potentially inflaming a diplomatic feud. TMAC Resources Inc. owns the Hope Bay gold mine in the northern territory of Nunavut, an operation that includes a port and air strips. Shandong, an acquisitive state-backed metal ...

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• 24 December

  Hack of US shows Trump failed at cybersecurity: Biden

  

  Bloomberg President-elect Joe Biden lashed out at Donald Trump over a major hack of US government agencies and companies, saying the president isn’t taking it seriously enough, while vowing to strengthen the nation’s cyberdefenses. Biden blamed the Trump administration for having “failed to prioritise cybersecurity” during its four years in power. He also called on the president to clearly and ...

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• 24 December

  Brexit negotiators draw close to UK-EU trade deal

  

  Bloomberg Negotiators are drawing closer to a historic post-Brexit trade deal between the UK and European Union (EU), with officials increasingly hopeful an accord could be struck soon. Prime Minister Boris Johnson and European Commission President Ursula von der Leyen intervened personally in recent days, holding several phone conversations in a last-ditch bid to reach an agreement before the UK ...

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• 24 December

  Two killed as Zambia police break up opposition crowd

  Bloomberg Two people died of gunshot wounds after Zambian police were deployed to disperse a crowd that gathered to show their support for the main opposition leader, Hakainde Hichilema, who had presented himself for questioning. A state prosecutor and another person were hit by stray bullets fired by the police during chaos that ensued in the capital, Lusaka, privately owned ...

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• 24 December

  France reopens UK border after paralysing busiest port

  

  Bloomberg Vital trade and travel links between the UK and continental Europe slowly reopened after France lifted a blockade at Britain’s busiest port that heightened a sense of economic isolation as the pandemic worsened and a high-stakes political drama unfolded over Brexit. European Union citizens and residents able to show negative Covid-19 tests will be able to travel from the ...

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• 24 December

  Trump signals he might not sign US Covid-19 relief bill

  

  Bloomberg President Donald Trump injected confusion into the outlook for Covid-19 relief, demanding changes to the bipartisan legislation approved by Congress. In a surprise video announcement posted on his Twitter account, Trump called the bill a “disgrace” and said it was full of “wasteful and unnecessary” items. He demanded that lawmakers increase stimulus checks due to go out to most ...

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• 24 December

  New York luxury real estate could be a bargain in 2021

  Bloomberg Judging by the last quarter of 2020, New York’s luxury real estate market should enter 2021 with confidence. Sales of homes that cost more than $4 million were a little above those of the same three months in 2019, says Donna Olshan, president of luxury real estate broker Olshan Realty. “Now, some of that has to do with demand ...

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• 24 December

  Apple CEO refused talks for Tesla at $60 billion, says Musk

  

  Bloomberg Apple Inc. Chief Executive Officer (CEO) Tim Cook refused to take a meeting years ago to discuss acquiring Tesla Inc., Elon Musk said. Tesla CEO Musk said in a tweet that he reached out to Apple during the “darkest days” of development of his company’s Model 3 to talk about a possible deal. Musk said he planned to discuss ...

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