April, 2019

• 21 April

  Apple legal surrender a blow for its supply chain strategy

  

  Bloomberg Apple Inc.’s legal surrender is a blow for the company’s supply chain strategy, and one of the biggest tests of its push to cut reliance on providers of key components. The iPhone maker struck a deal with Qualcomm Inc. to halt all litigation and start using the chipmaker’s modems again, likely including important new 5G versions. That ended a ...

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• 21 April

  Ford expects $1 billion profit from truck plant

  

  Bloomberg Ford Motor Co. predicted an earnings boon from converting just one car plant to make trucks and sport utility vehicles. And the automaker said that factory is just the first of many that will pump out more profit. In 2021, Ford will reap $1 billion more in earnings before interest and taxes than it did two years ago from ...

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• 21 April

  Brexit extension leaves UK manufacturers in limbo

  

  Bloomberg The latest Brexit delay means more uncertainty, frozen investment and lost customers for UK manufacturers. That’s the verdict of Stephen Phipson, who represents 5,000 companies as chief executive officer of the MakeUK industry lobby group. Prime Minister Theresa May’s agreement with the European Union to postpone Brexit to October 31 from April 12 leaves companies in limbo, he said ...

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• 21 April

  Tesla’s first impact report puts hard number on CO2 emissions

  

  Bloomberg Tesla Inc. released its first-ever environmental impact report, joining the 80 percent of S&P 500 companies who produce glossy-looking and sunny testaments to their own corporate sustainability record. There are pictures of smiling employees, solar panels in green fields, and data on the electric automaker’s performance on some environment and social metrics. The company put a total on its ...

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• 21 April

  Bomb attacks on Sri Lanka churches, hotels kill 207

  

  Bloomberg Multiple explosions rocked Sri Lanka on Easter Sunday as attacks on churches and hotels left at least 207 dead including as many as 30 foreigners in the worst violence since a civil war ended a decade ago. The government imposed an island-wide curfew as security forces try to maintain law and order and investigate the attacks. Those responsible for ...

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• 21 April

  Nothing wrong with accepting help from Russians, says Giuliani

  

  Bloomberg Rudolph Giuliani, President Donald Trump’s lawyer and a former federal prosecutor, said there’s nothing wrong with a US presidential candidate taking information from Russian sources. “It depends on where it came from,” Giuliani told moderator Jake Tapper on CNN’s “State of the Union.” While in hindsight he’d advise against accepting Russia’s aid “out of an excess of caution,” Giuliani ...

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• 21 April

  Libyan airport reopens after airstrikes on Tripoli

  Bloomberg Tripoli’s Mitiga International Airport has reopened to flights after being shut down for several hours. Flights were suspended because of airstrikes aimed at forces loyal to the internationally recognised government, which is based in Tripoli in northwest Libya. The airport closed earlier this month following an air strike, the first in an offensive by warlord Khalifa Haftar to take ...

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• 21 April

  Spain faces hung parliament: polls

  

  Bloomberg Spanish newspaper opinion polls signalled a potential deadlock from elections to be held on April 28, with neither alliances from the left nor right wings of the political scene certain to be able to build a parliamentary majority. A survey published by El Pais newspaper showed the Socialists of Prime Minister Pedro Sanchez on course to win 129 seats ...

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• 21 April

  Indonesia’s election result still weeks away

  

  Bloomberg For a country that set a record in holding the world’s largest single-day election, the verdict on who emerged victorious from Indonesia’s mammoth exercise isn’t breaking any. A delay in official results of the presidential election has led its two contenders to claim victory, deepening a divide among the electorate after a seven-month long polarising campaign that centred on ...

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• 21 April

  Ukraine set to elect TV comic as president in runoff fight

  

  Bloomberg Ukrainians are poised to elect the country’s most-watched comedian as president in a backlash at the ex-Soviet republic’s lack of progress since a revolution five years ago. Volodymyr Zelenskiy, a 41-year-old TV comic who’s tapped into fury at the political class, was expected to comfortably defeat incumbent Petro Poroshenko at a runoff on Sunday, according to opinion polls. Despite ...

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