February, 2019

• 13 February

  CEOs seek Trump help to sell N-plants abroad

  

  Bloomberg US nuclear energy developers met with President Donald Trump and asked for help winning contracts to build power plants in the Middle East and elsewhere overseas. “There is competition around the globe, and we want to be part of it,” said Chris Crane, the chief executive officer of Exelon Corp., the largest US operator of nuclear plants, following the ...

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• 13 February

  US inflation contained as rates held steady

  Bloomberg A key measure of US inflation was little changed in January while the broader gauge slowed on lower energy costs, underscoring the Federal Reserve’s recent decision to be patient on raising interest rates. Excluding food and energy, the so-called core consumer price index rose 0.2 percent from the prior month and 2.2% from a year earlier, according to a ...

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• 13 February

  T-Mobile chief gives Congress pledge not to use Huawei gear

  

  Bloomberg T-Mobile US Inc. Chief Executive Officer John Legere says his company doesn’t use equipment from Huawei Technologies Co., and won’t after buying Sprint Corp. to form a bigger No. 3 in the US wireless market. “Let me be clear —we do not use Huawei or ZTE network equipment in any area of our network. Period. And we will never ...

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• 13 February

  Europe is weak link for global economy

  

  Bloomberg For all the palpitations that the trade war between the US and China will knock out their economies, it is Europe that increasingly looks like the biggest threat to global growth. Deteriorating demand is evident across the 19-nation euro area as it finds itself squeezed between international and domestic drags. That leaves its expansion at risk of barely topping ...

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• 13 February

  EU hits ‘gas law’deal with Nord Stream 2 loopholes

  

  Bloomberg European Union negotiators agreed on new natural-gas rules that preserve a concession to Germany over its controversial plan to import more of the fuel from Russia. Representatives of EU governments and the European Parliament approved a revision to gas-market legislation while scaling back hurdles for the planned Nord Stream 2 pipeline. The deal in Strasbourg, France, keeps intact a ...

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• 13 February

  Kim keeps nuclear grip despite easing tensions

  

  Bloomberg The commander of US forces in South Korea cited a “palpable” decline in tensions amid US-North Korean peace talks but cautioned there’s little evidence that Kim Jong- un is willing to give up his nuclear arsenal. “Today is Day 440 since the last strategic provocation” by North Korea through a missile or nuclear test, Army General Robert Abrams told ...

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• 13 February

  14 die in stampede at Nigeria’s Buhari rally

  Bloomberg Fourteen people died in a stampede at Nigerian President Muhammadu Buhari’s election rally in the southern city of Port Harcourt, Punch reported. The accident occurred as supporters of the All Progressives Congress party were leaving the stadium where Buhari, who is seeking re-election, made a speech, the Lagos-based paper said, citing University of Port Harcourt Teaching Hospital spokesman Kem ...

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• 13 February

  Duterte’s media critic arrested in Philippines on libel cherges

  Bloomberg Philippine journalist Maria Ressa, head of online media company Rappler Inc. that’s been critical of President Rodrigo Duterte, was arrested in her office for libel. State investigators escorted Ressa out of the Rappler office and brought her to their headquarters in Manila after serving the warrant at about 5:20 p.m local time on Wednesday, based on the media agency’s ...

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• 13 February

  Italy faces criticism in EU parliament

  

  Bloomberg Italian Prime Minister Giuseppe Conte faced a backlash in the European Parliament for the populist actions of his two deputy premiers. Members of the European Union assembly used Conte’s appearance at a “Future of Europe” debate to warn about the future of Italy under Matteo Salvini and Luigi Di Maio, the two powers in the country’s anti-establishment coalition government. ...

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• 13 February

  Brexit talks head for late showdown

  Bloomberg Theresa May and the European Union are heading for a high-stakes, last-minute gamble that will decide whether the UK leaves the bloc with or without a deal, people familiar with both sides said. On March 21 — just a week before Britain is due to exit the EU — the prime minister will have the chance to win a ...

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