February, 2019

• 19 February

  Honda to shut UK factory in latest blow as Brexit looms

  

  Bloomberg Honda Motor Co. said it plans to close its factory in the UK in the biggest blow yet to the British auto industry already buckling under thousands of job cuts and the loss of key models in the run-up to Brexit. The site in Swindon, about 80 miles west of London, is the nation’s fourth-largest auto plant and employs ...

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• 19 February

  EU negotiators reach deal to impose first CO2 caps for trucks

  

  Bloomberg European Union negotiators agreed to impose caps on carbon dioxide from trucks for the first time, stepping up the fight against climate change with a challenge to manufacturers such as Daimler AG. Representatives of EU governments and the European Parliament fixed a 30 percent CO2-reduction target for 2030 compared with 2019 levels. At a meeting that ended early on ...

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• 19 February

  German investor confidence rises

  

  Bloomberg Investor confidence in Germany’s economic outlook improved for a fourth straight month, hinting at a modest pickup in momentum in the coming months. A gauge measuring prospects for the next half year rose to minus 13.4 in February, beating an estimate for a gain to minus 13.6. While the index recorded its longest streak of improvements since early 2015, ...

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• 19 February

  Nestle brings taste of Japan to Europe

  Bloomberg European chocolate lovers are about to get an injection of Japanese culture, as Nestle SA’s green-tea matcha KitKat launches on the continent. The confectionery brand will begin to sell the green chocolate bar in Europe this month, 15 years after it was created in Japan. The blend of imported green-tea matcha powder with cocoa butter and white chocolate will ...

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• 19 February

  Siemens, Fortum join Europe’s corporate bond-deal dash

  

  Bloomberg Siemens AG and Fortum Oyj are both offering multipart euro bond deals, adding to a rush of corporate sales this year as companies lock in low borrowing costs before potential market upheavals. German engineering giant Siemens is selling four notes maturing in as many as 20 years, while Finnish power company Fortum is offering three bonds as long as ...

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• 19 February

  Twitter unveils new political ads policies

  

  Bloomberg Twitter Inc. plans to introduce extra checks and publish more information around political ads in Europe, stepping up efforts to combat disinformation online amid worries Russia or other actors could try to meddle with European Union elections in May. The EU in late January warned tech companies to intensify efforts to combat disinformation on their platforms ahead of European ...

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• 19 February

  Pakistan vows retaliation if India launches military action

  

  Bloomberg Pakistan’s Prime Minister Imran Khan said his nation would retaliate if attacked by India, following New Delhi’s strongest accusations yet that its nuclear-armed neighbour was responsible for a major terrorist attack in Kashmir. “Pakistan will not think of retaliation, Pakistan will retaliate,” Khan said in a televised speech on Tuesday. “There will be no other option than retaliation.” Tensions ...

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• 19 February

  China abandons hacking truce with US, says report

  Bloomberg China largely abandoned a hacking truce negotiated by Barack Obama as President Donald Trump embarked on a trade war with Beijing last year, according to the cybersecurity firm Crowdstrike Inc. A slowdown in Chinese hacking following the cybersecurity agreement Obama’s administration secured in 2015 appears to have been reversed, the firm said in a report released on Tuesday that ...

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• 19 February

  Sanders announces US presidential run

  Bloomberg Bernie is back. Bernie Sanders, the independent Vermont senator who finished runner up to Hillary Clinton for the 2016 Democratic presidential nomination, on Tuesday announced a second White House bid. He said one of his primary motivations is to defeat President Donald Trump, who beat Clinton in the that election. “I think the current occupant of the White House ...

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• 19 February

  Trump seeks end to Maduro regime in attack on socialism

  

  Bloomberg Donald Trump called on the Venezuelan military to drop its support for Nicolas Maduro in a Miami speech critical of socialism, previewing attacks he may deploy against Democrats in his re-election campaign. “The twilight hour of socialism has arrived in our hemisphere and frankly in many, many places around the world,” Trump said to an audience at Florida International ...

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