June, 2017

• 6 June

  Noble Group’s shares roiled as investors zero in on debt talks

  Bloomberg Noble Group Ltd. shares extended their decline to the lowest level since 2000 amid rising investor concern that the embattled commodity trader may not be able to engineer a turnaround even as it presses on in talks with core banks to try to secure more funding. The stock tumbled as much as 11 percent to 28.5 Singapore cents and ...

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• 6 June

  Qatar crisis draws mediation effort as Saudis tighten screws

  

  Bloomberg Kuwait’s ruler is stepping up his efforts to resolve one of the worst crises among Gulf Arab monarchies, a day after Saudi Arabia and its allies isolated Qatar by cutting off air and sea transport and closing the small nation’s only land border. Sheikh Sabah Al-Ahmed Al-Sabah was to travel to Saudi Arabia on Tuesday to mediate an end ...

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• 6 June

  US-backed assault on IS Raqqa stronghold begins

  Bloomberg US-backed forces in Syria have begun the long-anticipated push to remove IS from their self-declared capital of Raqqa. The Kurdish-led Syrian Democratic Forces and its partners launched their offensive on Tuesday, the US Central Command said in an emailed statement. Raqqa was among the first cities captured by IS, also known as IS, and has been a base for ...

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• 6 June

  IS claims responsibility for Melbourne hostage-taking

  Bloomberg IS claimed responsibility for a hostage-taking in the Australian city of Melbourne that left a gunman and another person dead and three police officers injured. Following a standoff at an apartment building, officers shot dead 29-year-old Yacqub Khayre on Monday evening after he came out and fired a sawn-off shotgun at police. He captured a woman he’d arranged to ...

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• 6 June

  Pakistan is waging ‘undeclared war’ against Afghanistan: Ghani

  

  Bloomberg Afghan President Ashraf Ghani said neighboring Pakistan has instigated an “undeclared war of aggression” against his nation after repeated bombings in Kabul in the past week, including the deadliest attack on the capital in 16 years. Ghani’s accusation signals the difficulty NATO and Afghan forces have in defeating the Taliban and other insurgent groups, which have long been said ...

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• 6 June

  May deploys Johnson to woo Pro-Brexit voters

  

  Bloomberg Conservative Prime Minister Theresa May will deploy Boris Johnson to the northeast of England in a bid to conquer Brexit-supporting Labour strongholds, even as the fallout from the London terror attacks continues to dominate the campaign. Johnson, one of the faces of the Leave campaign, will say in a Tuesday speech that only May can “get Brexit right.” Labour ...

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• 6 June

  China rebuffs US over detainees probing Ivanka shoe supplier

  Bloomberg China rebuffed an appeal by the U.S. State Department for the release of three labor activists detained while investigating working conditions at a factory that manufactured Ivanka Trump brand shoes. The suspects are accused of using spying and monitoring equipment, and the investigation is ongoing, foreign ministry spokeswoman Hua Chunying said in response to a question at a regular ...

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• 6 June

  Trump administration seeks debt ceiling increase by August

  

  Bloomberg Congress should extend the US government’s borrowing authority before lawmakers depart for their traditional August vacation, the White House said, as the Trump administration sought to ratchet up pressure on Capitol Hill to avoid an unprecedented default on the national debt. “We’re looking for before they adjourn for August recess,” White House legislative affairs director Marc Short told reporters ...

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• 6 June

  Tribeca plans to target BHP board overhaul

  

  Bloomberg BHP Billiton Ltd.’s board is being targeted for a sweeping overhaul by Tribeca Global Natural Resources Fund, opening a potential new front in the burgeoning activist campaign against the world’s biggest mining company. The Sydney-based hedge fund, which last month joined billionaire Paul Singer’s Elliott Management Corp. in calling for changes aimed at shifting strategy at BHP, believes about ...

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• 6 June

  Record London skyscraper values mask ‘property wobbles’

  

  Bloomberg Two miles southeast of London’s Cheesegrater tower, which sold last month for a record price, there’s proof that all is not calm in the city’s property market. At Canada Water, developer British Land Co., which also owned half of the skyscraper, has seen the value of land slashed by almost 11 percent as investors lose their appetite for riskier ...

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