Amazon denies pulling Kindle from China

  Bloomberg Amazon.com Inc brushed off media speculation that it was suspending sales of its Kindle e-reader in China, after some of its signature product’s models went out of stock on Chinese platforms. “We remain committed to our customers in China,” a company spokesperson said in a statement. “Customers can continue to purchase Kindle e-readers from offline and third-party online ...

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China calls on nuclear-armed nations to focus on AI, space

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  Bloomberg Beijing is calling on the world’s nuclear powers to expand discussions on global security to include emerging threats, following a rare multilateral pledge to temper the risks of nuclear war. Fu Cong, director-general of the Chinese Foreign Ministry’s Arms Control Department, told reporters in Beijing on Tuesday that the so-called P5 nations — China, France, Russia, the US ...

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UN envoy says Sudan needs new leaders to usher in democracy

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  Bloomberg Sudan’s army is incapable of running the impoverished country and new leaders are needed to stem further unrest, the United Nations special envoy said, after the prime minister’s Sunday resignation once again left the military in sole charge. The generals, who launched a coup in October before restoring Premier Abdalla Hamdok to office the following month, are unable ...

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Ivanka Trump, Donald Trump Jr subpoenaed in asset probe

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  Bloomberg Former President Donald Trump’s two eldest children have been subpoenaed by New York authorities probing whether his real-estate business manipulated the value of key assets for tax and insurance purposes. Ivanka Trump and Donald Trump Jr., longtime business associates of their father, filed a joint motion in New York state court to block the subpoenas, accusing New York ...

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Venezuela opposition political parties keep Juan Guaido but curb his powers

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  Bloomberg Venezuelan opposition political parties extended Juan Guaido’s mandate as the country’s interim president, but in a more limited capacity that deals a blow to the US-backed effort to confront President Nicolas Maduro. The opposition’s legislative body, following up on December 27’s preliminary approval, voted to amend a governing statute in order to extend its own term for another ...

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Jair Bolsonaro doctor rules out surgery for now

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  Bloomberg The medical team treating Brazil’s Jair Bolsonaro has ruled out the need for surgery for now as the president’s condition improved after a day of clinical treatment. The Vila Nova Star Hospital, where the president was admitted in the early hours of Monday after feeling abdominal pain, said in a statement Tuesday morning that Bolsonaro’s intestinal obstruction “disappeared” ...

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JPMorgan, Citi, BofA employees begin 2022 working from home

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  Bloomberg JPMorgan Chase & Co, one of Wall Street’s staunchest advocates of returning to Manhattan skyscrapers, is offering employees the option of working from home in the opening weeks of 2022, and Citigroup Inc (Citi) and Bank of America Corp (BofA) are encouraging staff to log on remotely, as more financial firms grapple with the latest surge in Covid-19 ...

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Santander mistakenly hands out $1750m in Christmas blunder

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  Bloomberg Banco Santander SA is racing to retrieve 130 million pounds ($175 million) paid out to thousands of British customers in a Christmas Day slip-up. Spain’s biggest lender accidentally made a second payment on December 25 to about 75,000 people and firms who had been due for one-off or programed payments from 2,000 businesses with accounts at its UK ...

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SNB spent $3.1bn francs on interventions in Q3

  Bloomberg The Swiss National Bank (SNB) bought foreign exchange worth 2.8 billion francs ($3.1 billion) in the third quarter just before the franc began a sharper appreciation against the euro. The franc broke through a key level of 1.04 per euro and continued to strengthen towards 1.03 during final days of 2021. That might challenge the central bank’s description ...

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