September, 2017

• 17 September

  Portugal could attract new investors after S&P rating upgrade

  

  Bloomberg Portuguese Finance Minister Mario Centeno expects greater demand for his nation’s debt from a broader array of investors to spur lower borrowing costs both for the government and corporations, after the country’s credit rating was restored to investment grade status by S&P Global Ratings. “This has a very significant impact,” Centeno said in a telephone interview. “It allows a ...

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• 17 September

  Anthem to sell Obamacare plans in Virginia

  Bloomberg Anthem Inc. reversed course and said it will offer Obamacare plans in Virginia, after a pullback by another insurer threatened to leave the state with large gaps in coverage. Anthem revised its 2018 offerings, saying in a statement that it would now offer plans in 68 cities and counties in Virginia. Around the US, insurers face deadlines at the ...

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• 17 September

  Irma sparked Florida consumer spending ride

  Bloomberg Consumer spending in Miami and Fort Lauderdale plunged more than 57 percent from a year earlier as Hurricane Irma caused residents to evacuate or take shelter, according to a report from First Data Corp. Information released by the Atlanta-based company, which tracks shopping activity through the transactions it processes, shows consumption peaked September 5 and then cratered September 8, ...

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• 17 September

  Welsh company IQE up 300% on Apple speculation

  

  Bloomberg Could a Cardiff, Wales-based wafer company be the next big thing for UK technology investors? Investors trying to sniff out hidden Apple Inc. suppliers are betting on it, sending the shares of IQE Plc up more than 300 percent this year. The company is the second-best performer in the FTSE AIM 100 Index year-to-date and has also beaten every ...

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• 17 September

  Johnson faces backlash for his ‘Brexit article’

  

  Bloomberg ­­­­­­­­­­­­­­­ UK lawmakers called for Foreign Secretary Boris Johnson to be fired after he threw himself back into the Brexit debate with a newspaper article that was seen as undercutting Prime Minister Theresa May days before she is set to refresh her own strategy for the split. Writing in the Daily Telegraph a day after a failed bomb attack ...

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• 17 September

  Hamas says ready to work with Palestinian authority on Gaza

  

  Bloomberg The Gaza Strip’s militant Hamas rulers said they were ready to take key steps meant to allow the reunification of the rival Palestinian governments. The group said it agreed to dismantle the administrative committee that runs Gaza and hold nationwide elections. It asked the West Bank-based government of Palestinian Authority President Mahmoud Abbas to return to Gaza, which Hamas ...

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• 17 September

  Hurricane Jose churns towards US Northeast

  Bloomberg Hurricane Jose churned towards the US Northeast and could cause swells along the coast by midweek, according to the National Hurricane Center, while Norma is aiming for Mexico’s Baja California and a new system is gathering strength in the Caribbean as a busy tropical weather season grinds on. Jose was about 675 kilometres south-southeast of Cape Hatteras, North Carolina. ...

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• 17 September

  UK police arrest second suspect in train blast as probe widens

  

  Bloomberg The UK arrested a second suspect in connection with the blast on a commuter train as London’s counter-terrorism police widened their investigation into the attack that injured at least 30 people. The UK threat level remained at critical. Police arrested a 21-year-old man in Hounslow, southwest London, late Saturday, the Metropolitan Police said in a statement. He was being ...

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• 17 September

  Abe seen poised to call snap general election

  

  Bloomberg Japanese Prime Minister Shinzo Abe may hold a snap general election next month, local media reported, a move that would allow him to seize on opposition disarray and growing support for his handling of the North Korea crisis. Abe appears increasingly inclined to call an election amid a recovery in public support following a spate of scandals, public broadcaster ...

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• 17 September

  Ex minister returns to support Najib’s govt

  

  Bloomberg A former Malaysia government minister who shifted allegiance to the opposition has returned to the ruling party, according to Prime Minister Najib Razak. Muhammad Muhammad Taib, known as Mat Taib, is rejoining the United Malays National Organisation from the People’s Justice Party, or PKR, Najib told. Local reports earlier in the day said a “major announcement” would be made, ...

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