March, 2017

• 25 March

  Airstrikes on rebel-held parts of Syria kill, wound dozens

    BEIRUT / AP Warplanes struck rebel-held parts of Syria on Saturday killing and wounding scores of people amid clashes on multiple fronts between government forces and insurgent groups in some of the worst violence to hit the country in weeks, opposition activists said on Saturday. The airstrikes, of which some activists said included Russian air raids, concentrated on the ...

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• 25 March

  Trump should address Russia’s election interference: McCain

    Bloomberg President Donald Trump should discuss Russian attempts to influence the outcome of the US election in November in an effort to fill intelligence gaps, said Senator John McCain. “I would very much like to see the president address this issue including the issue we continue to wrestle with that is the Russian interference in the last election,” McCain ...

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• 25 March

  India inspired her to serve shantytown

  

    Bloomberg Portia Lekgoto faced a dilemma: how to take her three-year-old daughter to a doctor without missing a day of work while waiting in line at one of only two public health clinics in the South African shantytown of Diepsloot. She decided to take her daughter to Quali Health, a new private clinic that a friend had told her ...

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• 25 March

  Trump approves Keystone XL pipeline

  

    Washington / AP President Donald Trump greenlighted the long-delayed Keystone XL pipeline, declaring it a “great day for American jobs” and siding with energy advocates over environmental groups in a heated debate over climate change. The presidential permit comes nearly a decade after Calgary-based TransCanada applied to build the $8 billion pipeline, which will snake from Canada through the ...

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• 25 March

  Oil drops for third week on US supplies

  

  Bloomberg Crude oil had its third weekly loss in a month as OPEC and its allies prepared to meet for a review of their production cuts, while swelling US stockpiles indicated the measures aren’t working yet. Futures slipped 1.7 percent this week in New York. US crude output continued to expand along with inventories last week, data from the government ...

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• 25 March

  Last blast of winter a respite for US gas bulls

    Bloomberg A final icy blast of winter was welcome news for US natural gas bulls. Money managers raised their net-long position in the fuel by 7.8 percent in the seven days ended March 21 to the highest level since June 2014, just as a late-season freeze sent heating demand soaring. Bears cut short bets to a six-week low, US ...

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• 25 March

  China’s Zhonghong agrees to acquire 21% SeaWorld stake

  

    Bloomberg China’s Zhonghong Zhuoye Group Co. agreed to acquire a 21 percent stake in SeaWorld Entertainment Inc. from Blackstone Group LP, becoming the embattled US theme-park operator’s largest shareholder. The Asian leisure and tourism holding company will pay Blackstone $23 a share, or about $448.5 million based on shares held at the end of December. That represents a 33 ...

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• 25 March

  Reliance Industries barred from trading futures for a year

    Bloomberg Billionaire Mukesh Ambani’s Reliance Industries Ltd. has been barred from trading futures and options on India’s equity markets for a year after being found guilty of fraudulent activity by the market regulator. The Securities and Exchange Board of India said Reliance, along with 12 unlisted trading houses it used, carried out unlawful transactions in shares of its former ...

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• 25 March

  Euro-area economy pace bodes well for prices, jobs

  

    Bloomberg The euro area’s accelerating economy is translating into faster job creation and stronger inflation pressures. A key gauge of activity rose to a near six-year high in March, and employment increased the most since July 2007, with hiring picking up both in services and manufacturing. The jump in the headline IHS Markit Purchasing Managers Index compared with economists’ ...

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• 25 March

  Fitbit moves towards trial in Jawbone ‘trade secrets theft’ controversy

  

    Bloomberg Fitbit Inc. is headed toward a trial over claims it stole rival Jawbone Inc.’s trade secrets, after failing to persuade a judge to throw the case out. A California state judge has rejected Fitbit’s argument that the lawsuit is merely an attempt to rehash claims that were already analyzed and rejected by the US International Trade Commission in ...

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