July, 2017

• 30 July

  Saudi-bloc ready for Qatar dialogue with conditions

  Reuters The four Arab countries which have cut ties with Qatar said on Sunday they were ready for talks to tackle the dispute if Doha showed willingness to deal with their demands. The foreign ministers of Bahrain, Saudi Arabia, Egypt and the UAE met in the Bahraini capital Manama to discuss the crisis that has raised tensions across the region. ...

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• 30 July

  Eastern rebels expose next fault line for EU leaders

  

  Bloomberg European leaders are declaring the continent’s financial crisis to be over, but now a political one is fermenting. A battle between European Union regulators and the Polish government over its plans to weaken the judiciary’s independence is splitting eastern and western Europe in a way that the euro region erupted along a north-south fault line. As Greece returned to ...

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• 30 July

  Kenya denies oppn claim of plot for troops to rig vote

  Bloomberg The Kenyan government denied a claim by the main opposition group that it’s planning to use force to rig next month’s election and keep President Uhuru Kenyatta in office. The National Super Alliance said on Friday it had “concrete evidence” of an “audacious plan” to subvert the August 8 vote. The ruling Jubilee Party has “clearly recognized” it will ...

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• 30 July

  Big Oil beating slump as CEOs learn to live with lower prices

  

  Bloomberg Big Oil is starting to beat the crude-market slump as the industry rediscovers how to make money at lower prices. Exxon Mobil Corp. and Royal Dutch Shell Plc are forecast to more than double second-quarter profit from a year earlier, far outstripping the 8 percent gain in benchmark Brent crude, according to analyst estimates compiled by Bloomberg. Chevron Corp. ...

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• 30 July

  TransCanada sees producer support for Keystone XL line

  

  Bloomberg TransCanada Corp. said it still expects commercial support for its controversial Keystone XL oil pipeline, tamping down speculation that it was having trouble finding customers for the long-delayed line. Keystone XL, which was rejected by the Obama administration before being revived by President Donald Trump this year, would boost TransCanada’s dividend growth, the company said in a statement. Media ...

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• 30 July

  Energy Capital in talks to buy Calpine

  

  Bloomberg Energy Capital Partners, the private equity firm that owns the largest stake in US power generator Dynegy Inc., is now in advanced talks to buy its rival Calpine Corp., according to people familiar with the matter. Energy Capital may announce a deal to buy the Houston-based company as soon as next week, said the people, who asked not to ...

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• 30 July

  Solar energy boost in N Carolina sends wind to the sidelines in US

  

  Bloomberg North Carolina passed a clean-energy bill that could spur a wave of new solar projects in the country’s second-biggest solar state — but at the expense of wind. House Bill 589, which Governor Roy Cooper has signed, places a moratorium on new wind development through December 2018. The law creates a competitive bidding process that will bring more than ...

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• 30 July

  Trump may have to boost biofuel as court deals blow to oil

  

  Bloomberg The Trump administration may have to reconsider its proposal from earlier this month to curb biofuel use after a US appeals court in Washington ruled that the Environmental Protection Agency doesn’t have the authority to cut quotas while citing inadequate domestic supply. The unanimous ruling by a three-judge panel comes amid conflicting legal challenges to actions taken by the ...

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• 30 July

  Charter continues talks over SoftBank’s Sprint plan

  

  Bloomberg Charter Communications Inc. is cool to Japanese billionaire Masayoshi Son’s proposal to combine with his Sprint Corp., though talks remain active, according to a person familiar with the matter. Son, who is Sprint Corp.’s chairman, proposed a cash and stock merger of his money-losing wireless company with Charter, people familiar with the matter said, asking not to be identified ...

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• 30 July

  Apple removes VPN apps in China for not abiding local rules

  

  Bloomberg Apple Inc. has removed some virtual private network applications from its stores in China, a move that could block users ability to bypass a local web firewall and access overseas sites. “We have been required to remove some VPN apps in China that do not meet the new regulations,” Carolyn Wu, Apple’s China spokeswoman told Bloomberg in an emailed ...

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