February, 2020

• 11 February

  UK must agree to common rules to get deal, warns EU

  

  Bloomberg The UK will need to go further than Canada in its commitments to the European Union (EU) if it wants to trade without tariffs and quotas, European Commission President Ursula von der Leyen warned, further raising the temperature with Britain before negotiations on the future relationship even start. In a direct, personal response to the speech by Prime Minister ...

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• 11 February

  T-Mobile set to win court nod for Sprint takeover

  

  Bloomberg T-Mobile US Inc is poised to win court approval for its $26.5 billion takeover of Sprint Corp, according to a person with knowledge of the matter, defeating a state-led lawsuit that sought to block the industry-altering wireless deal. US District Court Judge Victor Marrero in Manhattan is expected to rule, said the person, who asked not to be identified ...

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• 11 February

  Daimler cuts dividend to lowest in decade

  

  Bloomberg Daimler AG slashed its dividend to the lowest since the financial crisis and promised deeper cost cuts as Chief Executive Officer (CEO) Ola Kallenius frees up cash this year to electrify its vehicle lineup. Kallenius, who has struggled to make headway on a restructuring push in his first nine months on the job, vowed to deliver “significantly” higher profit ...

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• 11 February

  Amazon seeks to question Trump in suit challenging bid loss

  

  Bloomberg Amazon.com Inc has asked the US Court of Federal Claims to allow it to question President Donald Trump in its lawsuit challenging the loss of a highly lucrative cloud contract. In a court filing made public, Amazon asks to question Trump and top Pentagon leaders about their role in the Pentagon’s Joint Enterprise Defense Infrastructure (JEDI) cloud contract that ...

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• 11 February

  Delhi defeat marks a third state election loss for Modi

  

  Bloomberg Prime minister Narendra Modi’s federal ruling party conceded defeat in a hard-fought state election for control of India’s capital Delhi, the most significant test of his popularity after his religion-based citizenship law led to widespread protests across the country. The incumbent Aam Aadmi Party (AAP), led-by chief minister Arvind Kejriwal, was set to retain power as it swept ahead ...

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• 11 February

  Trump administration sued over Global Entry

  

  Bloomberg New York sued the Trump administration over its plan to bar state residents from enrolling in the federal government Trusted Traveler programs like Global Entry, which allow pre-screened participants to breeze through airport passport and customs checks. The lawsuit against the US Department of Homeland Security was filed in federal court in Manhattan by New York Attorney General Letitia ...

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• 11 February

  Pak ignores criticism over not evacuating students amid virus

  

  Bloomberg Pakistan’s government ignored criticism over the delay in evacuating its students from China and its lawmakers found unanimity in an otherwise divided parliament to praise its key economic partner and ally Beijing’s response to the novel coronavirus outbreak. The nation’s parliament unanimously adopted a resolution appreciating “the leadership of President Xi Jinping, who is a great friend of Pakistan, ...

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• 11 February

  Duterte to scrap US military agreement

  

  Bloomberg The Philippines has notified the US that it’s terminating a 22-year-old military agreement, which can be ended with 180-days notice, just hours after President Rodrigo Duterte said President Donald Trump was trying to save the deal. The notice to terminate the 1998 Visiting Forces Agreement — which sets the terms for joint exercises and engagement of American soldiers in ...

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• 11 February

  Over 5,100 casualties linked to US-Afghan reconstruction

  

  Bloomberg US-led reconstruction efforts in Afghanistan since 2002 are linked to the deaths or injuries of more than 5,100 people in addition to more than $130 billion in financial costs, according to a new report on America’s longest war. Some 2,214 people were killed and another 2,921 wounded while taking part in reconstruction and stabilisation missions across the war-ravaged nation ...

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• 11 February

  Ukraine pressing Iran for black boxes on jet

  Bloomberg Ukraine is pressing Iran to send the so-called black box recorders from the Boeing Co plane that crashed after taking off from Tehran last month, Ukrainian foreign minister Vadym Prystaiko said. “The black box and cooperation with Tehran was the very difficult issue from the beginning and we will try to keep the message” focussed on recovering the data, ...

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