September, 2018

• 22 September

  29 dead, dozens wounded after attack on Iran military parade

  

  Bloomberg Gunmen attacked a military parade in Iran’s southern city of Ahvaz on Saturday, killing at least 29 people and injuring 53, state-run Islamic Republic News Agency reported on its website, citing an “informed source” it didn’t identify. Members of Iran’s Revolutionary Guards and civilians, including a child and a journalist, were among those killed, the semi-official Tasnim news agency ...

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• 22 September

  China defends Russia ties after US sanctions

  Bloomberg China’s military cooperation with Russia is “normal,” in accordance with international law, and the US has no right to intervene, Wu Qian, a spokesman for the Ministry of National Defense, said on Saturday in response to Washington’s sanctions on its military agency. China urges the US to immediately correct its mistakes and withdraw the so-called sanctions, otherwise it must ...

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• 22 September

  Trump vows to rid FBI of ‘lingering stench’

  Bloomberg President Donald Trump vowed to rid the Justice Department and FBI of “bad” people, echoing previous criticism he’s made that the law enforcement agencies he controls are tainted by political bias. “Just look at what is now being exposed in our Department of Justice and FBI,” Trump said at a rally in Springfield, Missouri. He told his audience that ...

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• 22 September

  May retaliates as Germany, France oppose her Brexit proposal

  

  Bloomberg British Prime Minister Theresa May struck back at the European Union for bluntly dismissing her Brexit plan with a speech designed to shore up her increasingly precarious position at home. May told EU leaders that she wouldn’t back down and demanded they show “respect” to her country during talks. Rather than giving her a boost, a summit of EU ...

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• 22 September

  Merkel pledges to end ‘clash’ over spy-chief

  

  Bloomberg Another week, another coalition crisis for Angela Merkel. Just days after Germany’s chancellor said her government had a deal to remove the domestic intelligence chief over his stance on anti-migrant protests, the accord fell apart Friday in a renewed sign of political fragility in Europe’s biggest economy. Merkel said she’ll find a new solution this weekend. The case of ...

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• 22 September

  Kavanaugh accuser seeks another day on ‘testimony’

  Bloomberg A lawyer for the woman who accuses Supreme Court nominee Brett Kavanaugh of an assault sought another day to agree on conditions for her testimony before the Senate Judiciary Committee in a high-stakes hearing and assailed panel Republicans over “aggressive and artificial deadlines”. Judiciary Chairman Chuck Grassley threatened that his panel would vote on Kavanaugh’s nomination on Monday unless ...

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• 22 September

  Duke Energy ash basin overflows, spilling coal byproduct into river

  

  Bloomberg Floodwaters have overwhelmed an ash basin at a Duke Energy Corp. power plant in North Carolina, spilling a byproduct of burning coal into the Cape Fear River. The company said coal ash at the site “remains in place” but that tiny beads called cenospheres are flowing into the river. The hollow beads, left over from burning coal, are comprised ...

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• 22 September

  Offshore driller Fieldwood Energy weighs IPO in 2019

  Bloomberg Fieldwood Energy, an offshore oil and gas explorer that emerged from bankruptcy in April, is weighing an initial public offering, according to people familiar with the matter. The Houston, Texas-based company is exploring filing a public offering in early 2019 that could value the company at more than $5 billion, said one the people, who asked to not be ...

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• 22 September

  North Carolina solar farms recovering from Florence

  

  Bloomberg North Carolina’s solar farms took a beating from Hurricane Florence and many of the power plants remain out of service, a week after the storm slammed into the second-biggest US market. About one-third of the 3,000 megawatts of solar capacity connected to Duke Energy Corp.’s system went down initially, according to Randy Wheeless, a utility spokesman. Almost 600 megawatts ...

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• 22 September

  China’s tech boom at risk over tax hike plan

  

  Bloomberg The venture capitalists of China are starting to get nervous. Venture investments have driven a boom in technology startups over the past five years, but funding has started to slow in recent months. Now the government is floating new tax policies that could hammer investors, persuading some to pull back on cutting deals until they get more clarity. The ...

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