November, 2020

• 26 November

  Ethiopia crisis leaves Sudan with refugees it can’t support

  

  Bloomberg Fears that a civil war raging in neighbouring Ethiopia’s northern Tigray Region will reverberate across eastern Africa are playing out in Sudan, which is contending with a massive influx of refugees who’ve fled the fighting. More than 40,000 people have streamed across the border from Tigray into eastern Sudan since November 7, the United Nations said. Sudan itself is ...

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• 26 November

  Transition team will not be ‘so far behind curve’ on Covid: Biden

  

  Bloomberg President-elect Joe Biden said his transition team will not be “so far behind the curve” now that the Trump administration has begun cooperating on the fight against the coronavirus and providing access to intelligence reports after a three-week delay. “We’re already working out meeting with the Covid team in the White House,” Biden said in an interview on “NBC ...

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• 26 November

  HK leader lays out future tied to Beijing

  

  Bloomberg Last year, Hong Kong Chief Executive Carrie Lam only made it through a few lines of her annual policy address before pro-democracy lawmakers forced her to flee the chamber and deliver it virtually. On Wednesday, she spoke for more than two hours to a legislative body with no members of an opposition that has long resisted the city’s integration ...

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• 26 November

  China makes list on Taiwan independence backers

  

  Bloomberg China confirmed it’s compiling a global watch list of Taiwanese independence backers it plans to “punish,” marking an escalation in Beijing’s pursuit of its critics. “The list is only targeting the extremely few stubborn Taiwan independence activists and their funders, not targeting the majority of Taiwan compatriots,” Zhu Fenglian, a spokeswoman for China’s Taiwan Affairs Office, said at a ...

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• 26 November

  Biden’s UN envoy pick a morale boost for diplomats

  

  Bloomberg When Linda Thomas-Greenfield was held at gunpoint on a diplomatic assignment in Rwanda in 1994, she tried her best to look calm as she explained to a “glazed-eyed young man” that she wasn’t the woman he was told to kill. “I was afraid, don’t get me wrong, but I didn’t panic,” Thomas-Greenfield, now one of America’s most experienced diplomats ...

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• 26 November

  Amazon’s $3,000 hiring perks irk staff who got $10 coupons

  

  Bloomberg Amazon.com Inc is doling out hiring bonuses as high as $3,000 to make sure it has enough people to squeak through the busy holiday shopping season. That’s stoking resentment among existing workers who recently got coupons for Thanksgiving turkeys as a thank you for their hard work. Social-media chatrooms where Amazon workers congregate have lit up. One worker shared ...

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• 26 November

  ZTE’s designation as security threat affirmed by US FCC

  

  Bloomberg The US Federal Communications Commission (FCC) affirmed its decision to designate ZTE Corp as a national security threat over concerns telecommunications gear made by the Chinese company could be used for spying. The action shows that the FCC remains determined to drive ZTE and fellow Shenzhen-based manufacturer Huawei Technologies Co from the US market, where small rural carriers rely ...

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• 26 November

  UK’s pandemic response ‘too slow’, cost taxpayers billions

  

  Bloomberg The UK lost a “crucial month” in its fight against coronavirus because it was too slow to respond to a shortage of ventilators, while the delay in sourcing protective equipment came at a cost of 10 billion pounds ($13.3 billion) to the taxpayer, according to two spending reports. Ministers only started efforts to buy more ventilators on March 3, ...

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• 26 November

  IBM planning 10,000 job cuts in Europe

  Bloomberg International Business Machines (IBM) Corp is planning to cut about 10,000 jobs in Europe in an attempt to lower costs at its slow-growth services unit and prepare the business for a spinoff. The wide-ranging losses will affect about 20% of staff in the region, according to people familiar with the matter. The UK and Germany are set to be ...

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• 26 November

  Dell, HP revenues top estimates on pandemic PC surge

  

  Bloomberg Dell Technologies Inc and HP Inc reported quarterly revenue that topped Wall Street estimates, lifted by customer upgrades of personal computers for remote work and school during the pandemic. Dell’s sales climbed 2.8% to $23.5 billion in the period that ended on October 30, the Round Rock, Texas-based company said Tuesday in a statement. Rival HP reported it shipped ...

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