September, 2017

• 11 September

  Norway oil industry rouses Wintershall as M&A deals set to gain momentum

  

  Bloomberg When a recovery in crude prices sparks more deals in Norway’s oil industry, BASF SE’s Wintershall AG unit will be among those looking for opportunities. “Once oil prices increase, momentum will occur,” Wintershall Chief Executive Officer Mario Mehren said in an interview. “Norway’s attractive for M&A activities as they take place very transparently and the framework’s stable.” Wintershall has ...

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• 11 September

  US to see first annual decline in solar rooftop demand

  

  Bloomberg The US is poised to experience its first annual decline in solar-panel installations, as a drop in rooftop demand slows growth in the world’s second-biggest market. Developers added a total of almost 2.4 gigawatts in the second quarter, putting the industry on pace to reach 12.4 gigawatts this year, according to a report on Monday from GTM Research and ...

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• 11 September

  Europe sheds Brexit baggage, eyes bold relaunch

  

  Bloomberg What a difference a year makes for the European Union. Jean-Claude Juncker, president of the European Commission, will deliver the annual State of the Union speech this week in a more upbeat mood than a year ago, when the 28-nation bloc was buffeted by the UK’s decision to leave and anti-EU parties appeared to be on the march. In ...

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• 11 September

  Trump debt limit deal undermines trust among GOP on tax overhaul

  

  Bloomberg The White House said President Donald Trump cut a short-term debt ceiling and government spending deal with Democrats to clear the deck for a major tax bill. But the agreement could be complicating tax efforts by eroding trust within his own party. Not only has the deal sowed doubt among the GOP about its unpredictable president, but it’s also ...

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• 11 September

  Irma weakens as it heads past Tampa, cutting damage forecast

  

  Bloomberg Hurricane Irma weakened as it moved past Tampa, leaving in its wake at least 4.7 million without power and millions temporarily displaced. The center of the system was expected to weaken to a tropical storm this morning and a tropical depression by Tuesday afternoon, the National Hurricane center said in an advisory. A storm surge warning was discontinued for ...

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• 11 September

  London still tops financial centers list despite Brexit

  

  Bloomberg London retained its crown as the world’s top financial center in a ranking that surveys industry professionals, extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of Brexit. The UK capital fell only two points in the latest Global Financial Centres Index published by Z/Yen and the China Development Institute, the smallest decline ...

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• 11 September

  Fitness tracking startups worried over European privacy regulators

  

  Bloomberg Startups hoping to sell health tracking devices and software to corporate customers are worried European regulators will torpedo their business model. Employers should be banned from issuing workers with wearable fitness monitors, such as Fitbit, or other health tracking devices, even with the employees’ permission, a European Union advisory panel said in June. Employers should also be barred from ...

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• 11 September

  US ‘waters down’ North Korea sanctions draft before vote

  

  Bloomberg The US has watered down a proposal to punish North Korea for its sixth and most powerful nuclear test, omitting an oil embargo and a freeze of Kim Jong Un’s assets, according to a European diplomat. While the US, UK and France are united on the latest proposal, it’s unclear whether Russia and China — the other veto-holding members ...

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• 11 September

  Trump, Netanyahu to meet next week in NY

  

  JERUSALEM / Reuters Israeli Prime Minister Benjamin Netanyahu said he would meet US President Donald Trump later this month during a visit to New York, where he will address the United Nations General Assembly on September 19. Netanyahu spoke to reporters accompanying him on a trip to Latin America before his plane left Tel Aviv for Argentina on Sunday night. ...

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• 11 September

  Putin’s opponents claim Moscow win

  Bloomberg Russia’s ruling party swept gubernatorial elections, but the beleaguered opposition claimed a rare breakthrough in voting for district councils in Moscow after overcoming divisions. A pro-democracy bloc got about 13 percent of the vote and won control of councils in several districts of the Russian capital. While the bodies have limited power, they’d been targeted by Kremlin opponents who’ve ...

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