September, 2018

• 12 September

  Norway poised to battle with giants in German gas market

  

  Bloomberg After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21 billion market. Russia began building a second giant pipeline to Germany and US President Donald Trump is turning up the rhetoric in an attempt to ...

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• 12 September

  Brent hits $80 for first time since May

  

  Bloomberg Crude climbed to $80 a barrel in London for the first time since May amid signs that global supplies are shrinking. Brent futures rose as much as 1.4 percent on Wednesday, while the US crude benchmark added as much as 2.9 percent. US efforts to isolate Iran have disrupted shipments from OPEC’s No. 3 supplier at the same time ...

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• 12 September

  Japan starts to restore power after earthquake causes record blackout

  

  Bloomberg Japan’s northern island of Hokkaido began to restore power after a strong earthquake overnight knocked out electricity throughout the entire prefecture of more than 5 million people. The magnitude 6.7 quake that hit on the western part of the island at 3:08 am cut off power to nearly 3 million buildings, and damaged a key thermal plant. One plant ...

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• 12 September

  Flynas plans soon to hire Saudi Arabian female co-pilots

  

  Bloomberg Flynas said it will soon start recruiting Saudi women to work as co-pilots. The Riyadh-based airline said it will be the first among Saudi carriers to recruit women in senior positions. The move aims to enable Saudi women to have a greater role in supporting the kingdom’s economy, CEO Bandar Almohanna said. Under Crown Prince Mohammed Bin Salman, Saudi ...

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• 12 September

  Florence’s brutal winds to test the Carolinas solar boom

  

  Bloomberg The nation’s second-biggest solar region is facing the first real-time test of its systems, with Hurricane Florence threatening the Carolinas with winds well in excess of 100 miles per hour and torrential rains. The Category 4 storm was packing 130 mile-per-hour winds (210 kilometre-per-hour) as of Wednesday, with landfall expected by the weekend. While most newer systems are designed ...

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• 12 September

  California smart-grid designer raises $32 million in financing

  Bloomberg AutoGrid Systems Inc., a California company developing software to manage power on the grid, said it closed a $32 million round of financing as it expands in North America, Asia and Europe. The Series D round included new investors CLP Holdings, Germany utility Innogy SE, Danish renewable power developer Orsted A/S and power producer Tenaska, according to a statement ...

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• 12 September

  EU’s Juncker blasts unchecked nationalism as poison, deceit

  

  Bloomberg Angela Merkel and Jean-Claude Juncker warned of the threat posed by rising nationalism across the European Union, painting next year’s continent-wide elections as a clash of fundamental values that will determine the bloc’s future direction. In tandem speeches in Berlin and Strasbourg on Wednesday morning, Germany’s chancellor and the European Commission president struck a common tone of alarm at ...

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• 12 September

  Putin: UK hit suspects aren’t agents, should go public

  Bloomberg Russian President Vladimir Putin rejected British allegations that the Russians suspected of carrying out a nerve-agent attack on a former spy in the UK are intelligence agents and called on them to go public, taking a defiant tone in his first official comments on the charges. “We know who they are. We found them,” Putin told an an economic ...

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• 12 September

  Merkel raises possibility of military response in Syria

  Bloomberg Chancellor Angela Merkel offered implicit support for military action against Syria, upbraiding her coalition partner for ruling out German participation in a response to an offensive in the country’s last rebel stronghold. Germany’s Social Democrats, the junior partner in Merkel’s government, this week rejected a German role in any military strike should President Bashar al-Assad and his backers create ...

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• 12 September

  Anwar ‘appalled’ by Suu Kyi, criticises China’s Muslim camps

  

  Bloomberg Anwar Ibrahim, who’s in line to become Malaysia’s next premier, blasted Myanmar leader Aung San Suu Kyi’s treatment of the Rohingya and called for formal talks on China’s crackdown against its Muslim minority. “I was appalled by the attitude of Suu Kyi these days,” Anwar said in an interview with Bloomberg Television’s Sophie Kamaruddin in Hong Kong. “Buddhists, Muslims, ...

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