March, 2018

• 17 March

  Siemens Healthineers shares up 7pct after $5 billion German IPO

  

  Bloomberg Siemens Healthineers AG shares soared in their trading debut in Frankfurt after the health-equipment company’s German parent raised 4.2 billion euros ($5.2 billion) in the country’s second-biggest initial public offering in almost two decades. Stock in the maker of medical scanners and X-ray machines rose as much as 6.8 percent and was 5.8 percent higher at 29.63 euros on ...

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• 17 March

  US weighs Nafta proposal to end AT&T impasse

  

  Bloomberg The Trump administration is considering trilateral Nafta language to promote telecommunications competition that could help bring the issue to a close after Mexico rejected demands spurred by AT&T Inc. that it considered overly restrictive, according to three people familiar with the issue. The US Trade Representative’s office is weighing the proposal after receiving the backing of Mexican regulators, according ...

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• 17 March

  Apple’s Cook, Treasury secretary deliberate over investment

  

  Bloomberg Apple Inc. CEO Tim Cook met with US Treasury Secretary Steven Mnuchin at the technology giant’s new Apple Park campus in Cupertino, California, according to a tweet from Mnuchin. In the Twitter post, Mnuchin thanked Cook for a commitment to invest $350 billion in the US. Earlier this year, Apple said it would be investing that amount in the ...

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• 17 March

  UK labour costs climb 2-year high

  Bloomberg UK labour costs are rising at their fastest pace in more than two years, latest figures showed. The cost of employing someone for an hour of work rose 3.7 percent in the fourth quarter compared with a year earlier, up from 3.1 percent in the previous three months and the most since the July-September period in 2015, the Office ...

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• 17 March

  Google’s cloud boss eyeing ‘major acquisition’ to get ahead

  

  Bloomberg When Diane Greene first joined Google in late 2015, her first task was to assemble the company’s disparate and often-wayward cloud projects and whip them into a real business. Sales, marketing and engineering divisions didn’t work together well when pitching companies on Google’s internet-based computing power, storage and services. And some cloud offerings lacked proper credentials to sell to ...

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• 17 March

  Russia expels 23 UK envoys in spy-poison case retaliation

  

  Bloomberg Russia ordered the expulsion of 23 British diplomats in retaliation for the UK’s ouster of the same number of Kremlin envoys over the nerve-agent poisoning near London of a former spy and his daughter. The British consulate in St. Petersburg was also ordered to close and the British Council must stop its work in Russia, the Russian Foreign Ministry ...

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• 17 March

  Russian hackers attacked US aviation industry during 2017 breaches

  

  Bloomberg Russian hackers attempted to penetrate the US civilian aviation industry early in 2017 as part of the broad assault on the nation’s sensitive infrastructure. The attack had limited impact and the industry has taken steps to prevent a repeat of the intrusion, Jeff Troy, executive director of the Aviation Information Sharing and Analysis Center, said. Troy wouldn’t elaborate on ...

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• 17 March

  Xi gets new term as China’s president in unanimous vote

  

  Bloomberg China’s parliament unanimously reappointed Xi Jinping as president while installing one of his most trusted allies as vice president, highlighting how little public opposition remains to his rule. The rubber-stamp National People’s Congress voted 2,970-to-0 to give Xi a second five-year term on Saturday, days after repealing a constitutional provision that would’ve barred him from a third. Although legislative ...

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• 17 March

  European powers propose new sanctions on Iran

  

  BRUSSELS / Reuters Britain, France and Germany have proposed fresh EU sanctions on Iran over its ballistic missiles and its role in Syria’s war, according to a confidential document, in a bid to persuade Washington to preserve the 2015 nuclear deal with Tehran. The joint paper, seen by Reuters, was sent to European Union capitals, said two people familiar with ...

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• 17 March

  FBI’s McCabe fired two days before retirement

  Bloomberg Attorney General Jeff Sessions fired the FBI’s former deputy director, Andrew McCabe — a favourite target for President Donald Trump and Republicans, two days before he was to retire. Sessions made the politically explosive decision after the FBI’s Office of Professional Responsibility recommended that McCabe be dismissed for not being forthcoming about authorising discussions with a reporter about a ...

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