November, 2017

• 26 November

  UK could be set back for missing EU’s Dec deadline, says Davidson

  

  Bloomberg The UK is close to running out of time in its divorce negotiations with the European Union and would be set back by missing a December deadline to resolve several thorny issues, Scottish Conservative Party leader Ruth Davidson said. Failing to resolve issues such as the status of the Irish border and the payment from the UK would further ...

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• 26 November

  Labor favoured to keep power in Queensland

  

  Bloomberg Premier Annastacia Palasz-czuk’s Labor Party is favoured to be returned to power in the Australian state of Queensland as counting continues in a weekend election that hangs in the balance. While analysts projected her party would win the highest number of seats, the result may not be known for days and the final tally could mean both major parties ...

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• 26 November

  Catalan leader doubles down on independence vow before vote

  

  Bloomberg Ousted Catalan President Carles Puigdemont pitched his candidacy ahead of next month’s regional election, doubling down on his pledge to make the region an independent state. Puigdemont, who maintains he’s the legitimate regional president after being sacked by the central government, will lead a new platform under the banner of Together for Catalonia. He said a victory at the ...

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• 26 November

  US sharpens criticism of Pak over ‘terror leader’

  

  Bloomberg The US escalated its criticism of Pakistan’s decision to set free the alleged mastermind of the deadly 2008 attacks in Mumbai, with the White House warning that the move may damage bilateral relations. Hafiz Saeed, who allegedly planned attacks that left 164 people dead, had been detained at his house in Lahore without charges since January. A Pakistan High ...

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• 26 November

  Pakistan calls in army to control deadly clashes in Islamabad

  Bloomberg Pakistan has called in the army to take control of violent demonstrations in the capital city, where protesters and police were killed in day-long clashes. The army moved in as a “preventive measure” after police suspended an operation to disperse a protesting religious group following the death of two officers, according to Interior Minister Ahsan Iqbal. Six protesters also ...

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• 26 November

  US coal industry shows no sign of comeback

  

  President Donald Trump has made clear his intention of “bringing back coal.” He has rolled back environmental regulations and moved to repeal the previous administration’s curbs on carbon emissions from power plants. Last week, adhering to a British-Canadian initiative presented at the 2017 United Nations climate change talks in Bonn, about 20 nations and regions (expected to grow to 50 ...

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• 26 November

  Europe’s dearth of diversity

  

  Europe’s male, pale and stale boardrooms face the same fate as the most polluting companies — evolve or die. In recent years, the fund management industry has started to take its environmental, social and governance responsibilities more seriously, mostly by shunning investments deemed damaging to the planet. But there’s another thread to ESG that’s poised to reshape investment behavior and ...

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• 26 November

  Fast Retailing needs to look sharp

  Fast Retailing Co. should consider applying the brakes. The owner of the Japanese chain Uniqlo is planning to open stores in India as part of a greater push internationally amid a shrinking population and sluggish wages at home. Building stores in Asia’s third-largest economy makes sense, so long as it’s done right. Fast Retailing expects Uniqlo’s international takings to surpass ...

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• 26 November

  Fixing UK’s student debt problem

  Tuition fees have become one of the hot-button issues of British politics again and Chancellor of the Exchequer Philip Hammond is expected to confirm the Tory pledge to freeze tuition fees when he issues his budget today. The Labour Party wants to abolish them entirely, endearing itself to younger voters. But so far neither Conservative nor Labour approaches get at ...

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• 26 November

  China’s Communist party needs to save bike sharing

  

  During its first six months of existence, Bluegogo, China’s third-largest bike-sharing firm, dumped 600,000 bicycles into Chinese cities. Twenty million people signed up to use them; investors showered the company with $58 million in funds. But with rental rates as low as $0.07 per half-hour, Bluegogo’s days were numbered and last week the company folded. In an apologetic letter, its ...

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