January, 2019

• 7 January

  Trump, Kim likely to choose Hanoi for second summit

  

  Bloomberg US President Donald Trump and North Korean leader Kim Jong Un could meet in Vietnam’s capital for their second summit on Pyongyang’s nuclear ambitions, the South Korean newspaper Munhwa Ilbo said. Denuclearisation talks have sputtered since Trump and Kim held an unprecedented June meeting in Singapore, with Washington and Pyongyang each calling on the other to take action. A ...

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• 7 January

  Risks mount for Modi as parties team up

  

  Bloomberg Two powerful regional politicians are teaming up in India’s most populous state to take on the country’s ruling party ahead of national elections, in a move that complicates Prime Minister Narendra Modi’s push for a second term in office. The leaders of the Samajwadi Party and Bahujan Samaj Party have decided “in principle” to unite to contest the polls ...

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• 7 January

  Gabon foils coup by army mutineers

  Bloomberg Gabonese authorities said they put down an attempted coup by a group of mutineering soldiers who’d seized control of the national broadcaster and vowed to “save a democracy in danger.” Communication Minister Guy-Bertrand Mapangou told Radio France Internationale that order had been restored, and the capital, Libreville, was largely quiet. His statement came hours after Ondo Obiang Kelly, an ...

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• 7 January

  UK lawmakers ratchet up campaign to avert no-deal Brexit

  

  Bloomberg Lawmakers called on Theresa May to rule out a no-deal Brexit, stepping up a campaign against an outcome they say threatens the livelihoods of voters. “Manufacturing plants employ thousands of our constituents and their jobs will be put at immediate risk if the United Kingdom leaves the European Union with no deal,” some 209 lawmakers from both May’s Conservatives ...

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• 7 January

  Elon Musk breaks ground on $5bn Tesla factory in Shanghai

  

  Bloomberg After four years of planning, Tesla Inc finally broke ground on its planned $5 billion factory in the world’s biggest auto market. But the timing couldn’t be more inauspicious. Chief Executive Officer Elon Musk and some Shanghai officials, including Mayor Ying Yong, on Monday attended a function at a site near the city to kick off construction of what ...

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• 7 January

  Xi aide shows up at US-China trade talks

  

  Bloomberg Chinese Vice Premier Liu He unexpectedly attended the first day of talks aimed at resolving the trade dispute between the world’s two biggest economies, according to people familiar with the matter and a photo seen by Bloomberg. Liu is the top economic adviser to Chinese President Xi Jinping, who led previous negotiations in Washington that produced a deal that ...

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• 7 January

  Taiwan arrests six engineers suspected of leaking BASF technology to China

  

  Bloomberg Taiwan arrested six current and former BASF SE engineers accused of accepting bribes and sharing the German company’s technology with Jiangyin Jianghua Microelectronics Materials Co., in one of the more elaborate cases involving alleged Chinese intellectual property theft. Jianghua offered them $5.8 million in return for help building a new factory in the eastern Chinese province of Jiangsu, Criminal ...

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• 7 January

  ‘Big M&A crucial in pharma landscape’

  Bloomberg These are tough times for the global health-care world, and only financially fit companies supported by strong research and development will survive, according to Takeda Pharmaceutical’s Christophe Weber. That goes a long way to explaining the Japanese drugmaker’s $62 billion deal to acquire Shire Plc, the chief executive said at a briefing, as the company prepares to close the ...

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• 7 January

  Handcuffed and roped up, Ghosn to address Japan court

  

  Bloomberg Carlos Ghosn will speak publicly on Tuesday for the first time since his arrest almost two months ago, when he appears in a Japanese court. Handcuffed and with a rope tied around his waist, as is the practice in Japanese courts, the former Nissan Motor Co. chairman will declare his innocence and deny any wrongdoing, according to his chief ...

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• 7 January

  Rift between Germany, Brazil stalls work on carbon market

  

  Bloomberg A dispute pitting two groups of nations led respectively by Germany and Brazil is holding up work on creating a global market for trading carbon pollution, one of the pillars of the Paris Agreement on climate change. After bruising talks at a United Nations climate conference last month, the two groups remain at odds on how to structure the ...

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