November, 2019

• 26 November

  UK to reduce reliance on China’s Huawei

  

  Bloomberg Britain’s dominant phone company is looking for a new broadband equipment supplier to reduce its reliance on China’s Huawei Technologies Co as it prepares to connect millions of homes to optic fibre. BT Group Plc’s infrastructure division Openreach has started an evaluation process to seek a third strategic vendor alongside Huawei and Finland’s Nokia Oyj for the full-fibre roll-out, ...

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• 26 November

  Intel seeking buyers for its chips unit

  Bloomberg Intel Corp is seeking buyers for its connected home division, a unit that makes chips used in home internet access gear, according to people familiar with the matter. The chipmaker has hired a financial adviser and is seeking to sell the unit that has annual sales of about $450 million, said the people, who asked not to be identified ...

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• 26 November

  Londoners take to canal boats to beat high property costs

  

  Bloomberg In London, which suffers from one of the most expensive property markets in Europe, thousands have found alternative housing for less than the cost of a parking space — though it helps if you can repair an engine or plug a leaky hull. Narrowboats, which aren’t much wider than a king-sized bed, have gained in popularity for those willing ...

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• 26 November

  Lam offers no new concessions, risking more violence in HK

  

  Bloomberg Hong Kong leader Carrie Lam didn’t make any new concessions to protesters after pro-democracy forces won a landslide in local elections, a move that risks leading to further violence after months of unrest. The comments on Tuesday came during her first weekly briefing since an overwhelming majority of voters delivered a strong rebuke of her administration and its backers ...

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• 26 November

  13 soldiers killed in Mali helicopter crash

  

  Bloomberg French president Emmanuel Macron said 13 soldiers died in a helicopter accident on November 25 during an anti-terrorism operation in Mali. The accident occurred during a military operation against extremists, the French Presidency said in a statement. The accident raises the death toll in France’s anti-terrorism military operation in the Sahel region to more than 30. France started military ...

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• 26 November

  Botswana’s oppn parties challenge election results

  Bloomberg Botswana’s main opposition party and the breakaway party of former president Ian Khama are challenging the results of voting in 19 constituencies, a move that could result in the country’s electoral commission calling fresh elections in those districts. The Umbrella for Democratic Change has filed petitions with the High Court in 16 districts, while Khama’s Botswana Patriotic Front is ...

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• 26 November

  4-day-old government in Indian state falls

  

  Bloomberg A four-day-old coalition government led by the Bharatiya Janata Party (BJP) collapsed in the western Indian state of Maharashtra after it failed to muster a majority. Chief Minister Devendra Fadnavis announced his intention to resign at a press conference in Mumbai, the state’s capital, which is also home to India’s benchmark stock exchange and leading conglomerates, Reliance Industries Ltd ...

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• 26 November

  Unrest risks a domino effect in Latin America

  

  Bloomberg It’s starting to feel like dominoes. One by one, countries across Latin America are succumbing to unrest. It doesn’t matter if governments are from the left or right. People are tired of austerity, with some countries suffering years of stagnant economic growth and fed up with graft. The latest to face mass protests is Colombia. Perhaps having seen what ...

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• 26 November

  New Ukraine prosecutors carry risks for Trump, Dems

  

  Bloomberg Ukrainian president Volodymyr Zelenskiy faced months of US pressure to drum up a very particular corruption investigation. Zelenskiy repeatedly responded vaguely, to the clear frustration of President Donald Trump’s circle, that he is committed to investigating corruption. Zelenskiy’s efforts to retool his country’s law enforcement are now taking form, with Ukrainians watching whether the latest anti-corruption drive will fare ...

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• 26 November

  How steel industry made millions from climate crisis

  

  Europe’s steel industry is in crisis again and there’s no shortage of reasons for all the financial losses and job cuts. Stagnating demand, surplus production capacity, higher iron ore prices and a surge in imports caused by trade conflicts are just some of them. But when Tata Steel Ltd. announced 3,000 job losses at its European arm this week, the ...

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