November, 2017

• 18 November

  China home prices snap three-month drop

  Bloomberg Chinese home prices rose in more cities in October, snapping a three-month decline, a sign the market is stabilising amid government efforts to curb property speculation. New-home prices, excluding state-subsidised housing, climbed in 50 of the 70 cities tracked by the government, compared with 44 in September, the National Bureau of Statistics said. Prices fell in 14 cities from ...

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• 18 November

  Japan urges TPP-11 partners to sign pact before elections

  Bloomberg Nations working to salvage a mammoth Pacific-rim trade pact that the US abandoned need to move forward before electoral politics get in the way, according to Japan’s chief negotiator. “Next year various countries have elections, there’ll be movements in governments,” Economy Minister Toshimitsu Motegi said. “Considering this, we ought to get it signed quickly before then.” While Motegi didn’t ...

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• 18 November

  Verizon Communications, NFL may seal digital streaming deal

  

  ­­­­­­­­­­­Bloomberg Verizon Communications Inc. is close to a new deal with the National Football League for digital streaming rights that would give the largest US wireless carrier the ability to deliver game broadcasts to internet-connected TVs, tablets and phones, according to people familiar with the matter. The deal expands on Verizon’s previous contract, which limited the carrier to streaming on ...

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• 18 November

  Sinclair Broadcast wins again at FCC

  Bloomberg A divided Federal Communications Commission approved a new TV broadcast standard backed by Sinclair Broadcast Group Inc., sparking renewed criticism that the agency is favouring the company—a notion rejected by its Republican chairman. The FCC, on a 3-2 party-line vote, said broadcasters may voluntarily start using so-called Next Gen TV, an over-the-air service that promises better pictures and interactive ...

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• 18 November

  Puerto Rico loses workers in 21 years after hurricane

  Bloomberg Puerto Rico employers reduced payrolls in October by the most in 21 years after Hurricane Maria devastated the island and knocked out power for weeks to most of the territory, Labor Department figures showed. The drop totalled 3.6 percent of payrolls, or 31,600 people— the biggest drop since 1996— reducing nonfarm employment to 842,000, the lowest level since 1991. ...

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• 18 November

  Apple delays launch of HomePod speaker

  

  Bloomberg Apple Inc. said its next major new hardware product, the HomePod speaker, is being delayed until early next year, missing the key holiday shopping season. “We can’t wait for people to experience HomePod, Apple’s breakthrough wireless speaker for the home, but we need a little more time before it’s ready for our customers,” Apple spokeswoman Trudy Muller said. “We’ll ...

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• 18 November

  Stitch Fix sinks back near offer price in disappointing IPO

  

  Bloomberg Stitch Fix Inc. initially soared before sinking back near its offer price in a downsized $120 million initial public offering that fell about a third short of its target. The online personal-styling service backed by Benchmark jumped almost 24 percent in its trading debut. After then dropping as much as 1.3 percent below the $15 offer price, the shares ...

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• 18 November

  Two-thirds of US vehicles with Takata air bags still not fixed

  

  Bloomberg Nearly two-thirds of the US vehicles containing defective air bag inflators made by Takata Corp. remain unrepaired as automakers have made varying degrees of progress addressing the largest auto recall in US history. As of mid-September, 20 million vehicles containing defective Takata air bag inflators still haven’t been fixed, 64 percent of the 31.5 million vehicles containing the defective ...

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• 18 November

  Brexit talks at standoff as Tusk sets ‘ultimatum’

  

  Bloomberg UK Prime Minister Theresa May is stuck in a Brexit stand-off as European leaders set her a deadl- ine to give ground on the exit bill and the future of the Irish border if talks are to move on to trade before next year. “I made clear to Theresa May that this progress needs to happen at the beginning ...

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• 18 November

  Catalan separatist voters shrug off broken promises for elections

  

  Bloomberg Catalan separatist voters are standing by their political leaders despite the disappointments and broken promises of the past month, according to pollster Narciso Michavila. After weeks of protests and the decision by more than 2,000 firms to move their legal base from the region, the group led by ousted Catalan President Carles Puigdemont and its two pro-independence allies may ...

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