Bloomberg Elon Musk gave a public sign of support for Twitter Inc co-founder and Chief Executive Officer Jack Dorsey after an activist investor called for changes at the company including possibly replacing its leader. “Just want say that I support @jack as Twitter CEO. He has a good heart,†Musk tweeted, using a heart emoji in place of the word. ...
Read More »UK’s wettest-ever February is turning farm fields into lakes
Bloomberg British farmer Richard Bramley should be about to plant barley and sugar beet on his land near York. Instead, he’s watching the waves roll over his flooded fields. Bramley, like other growers across the UK, had been hoping to catch a break after heavy rains spoiled grain plantings late last year. But the wettest-ever February has submerged fields, making ...
Read More »Russian bombings were war crimes in Syria, says UN probe
Bloomberg Russia’s military conducted “indiscriminate†bombardments against civilians in Syria last year, and human rights violations in the nine-year-old conflict continue to multiply, according to a United Nations panel investigating the conflict. In one attack last year, Russian airstrikes targeted a compound of displaced civilians in a rural area that was surrounded by agricultural fields in southern Idlib, according to ...
Read More »New Malaysia leader vows to fight graft
Bloomberg Malaysia’s new Prime Minister Muhyiddin Yassin has pledged to fight corruption and strengthen governance, saying he is no traitor but stepped in to save the country from political turmoil. “I know there are those who are angry with me,†he said in his first televised address to the nation as prime minister. “As expected, there are parties who called ...
Read More »Senegal confirms first case of coronavirus
Bloomberg Senegal’s government confirmed the country’s first coronavirus case, the second in sub-Saharan Africa. The patient is a French national who arrived in Dakar, the capital, on February 26, Health Minister Abdoulaye Diouf Sarr told reporters at a briefing broadcast on Facebook. The man sought help two days later after suffering from fever, headache and a sore throat, and is ...
Read More »US orders China media outlets to cut staff
Bloomberg The Trump administration ordered four Chinese state-owned news outlets to slash the number of staff they have working in the US, part of a broader response to Beijing’s restrictions on American journalists including its expulsion of three Wall Street Journal reporters last month. The move risks further tit-for-tat measures from Beijing as the world’s biggest economies continue a broader ...
Read More »â€˜Hillary Clinton must sit for private-server deposition’
Bloomberg Former US Secretary of State Hillary Clinton must submit to a deposition by Judicial Watch, a conservative group that sued over her use of a private email server, a federal judge ruled. Though Clinton has submitted extensive evidence about her use of the server while in office, US District Judge Royce Lamberth said in Washington that questions remain about ...
Read More »Bloomberg says he agrees with Trump on China, Kim
Bloomberg Michael Bloomberg said that he agrees with President Donald Trump pressuring China on trade and talking to North Korea and that “a lot of criticisms of Donald Trump are not his policies, it’s the way he’s doing it.†Bloomberg said he agreed with Trump cracking down on China’s theft of intellectual property and other unfair trade practices, but he ...
Read More »Coronavirus: Europe’s rescue plan isn’t enough
The economic damage from the coronavirus epidemic has prompted calls for Europe to relax its fiscal rules to allow governments to cut taxes and increase spending. The European Commission seems to agree: Paolo Gentiloni, its economy tsar, has hinted that affected governments — such as Italy — may enjoy some budget “flexibility†to deal with the emergency. Granting more leeway ...
Read More »Gold’s slump may signal end of rally
In times of coronavirus panic, even havens can be unreliable. Gold closed off February on a tarnished note, ending last week with its steepest daily decline since 2013. As financial markets panicked over the spread of the pneumonia-like illness, stocks tumbled and dragged gold and other precious metals lower. That’s a rare phenomenon for a metal that tends to shine ...
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