Bloomberg Prosecutors in Tokyo issued a fresh warrant for the arrest of ex-Nissan Motor Co Chairman Carlos Ghosn, who jumped bail and fled the country last month to escape trial for alleged financial crimes. The Tokyo District Public Prosecutors Office issued the warrant on Ghosn for illegally departing Japan, where the former auto executive was charged with failing to fully ...
Read More »Huawei scouts Europe for tech startups
Bloomberg Huawei Technologies Co is in talks about investing in European tech startups and contributing to research in a bid to secure its supply chain as tensions with the US escalate, people familiar with the matter said. In the final weeks of 2019, Huawei executives visited startups and venture capital firms in countries including Germany and France, they said. The ...
Read More »Samsung profit slides 38% with memory-chip slump
Bloomberg Samsung Electronics Co reported a 38% decline in profit due to falling memory chip prices, a warning sign for the global technology industry as it navigates trade tensions and the coronavirus outbreak. Net income tumbled to 5.23 trillion won ($4.4 billion) for the three months ended in December, compared with the 5.31 trillion won average of projections. The miss ...
Read More »S African group to present $17b Eskom plan
Bloomberg The Congress of South African Trade Unions (Cosatu), the nation’s biggest labour federation, will present its proposal to rescue state power company Eskom Holdings SOC to senior members of government and the business community on Monday. The union group, an ally of the ruling African National Congress, wants the government-owned pension fund, the Public Investment Corp, and state lenders, ...
Read More »Texas, Iowa installed most wind turbines than ever last year
Bloomberg The top two US states for wind power installed their most turbines ever last year, helping push up nationwide capacity growth to a seven-year high as tax benefits sent developers rushing projects into service. Texas added almost 4 gigawatts and Iowa installed 1.7 gigawatts, expanding their lead in wind power capacity, according to a report from the American Wind ...
Read More »US criticises UN agencies for Taiwan exclusion amid virus
Bloomberg US politicians, including Senators Mitt Romney and Cory Gardner, criticised international organisations for excluding Taiwan amid a global effort to curb the spread of the deadly coronavirus. China has placed pressure on the World Health Organization (WHO), International Civil Aviation Organization (ICAO) and International Criminal Police Organization to exclude Taiwan from discussions, Romney said, echoing calls for immediate inclusion ...
Read More »Emails reveal Trump’s Ukraine role, says US
Bloomberg The Justice Department, in a court filing, said it has two dozen emails related to President Donald Trump’s involvement in withholding millions of dollars in security assistance to Ukraine, CNN reported. The filing, made in response to a lawsuit by the Center for Public Integrity, was the first official acknowledgment from the Trump administration of the existence of such ...
Read More »Malawi’s top court to rule on presidential poll
Bloomberg Claims by Malawi’s opposition that last year’s election that returned President Peter Mutharika to power was rigged should be decided upon on Monday when the nation’s top court is due to rule on whether to annul the vote. The electoral commission declared Mutharika, the leader of the ruling Democratic Progressive Party, the winner of the May 21 ballot with ...
Read More »Guaido rallies supporters, meets US senator
Bloomberg Juan Guaido, Venezuela’s opposition leader, rallied supporters in Miami and met with US Senator Marco Rubio, who’s played a key role in shaping US policy on the South American country. It’s likely to be one of his last stops in a two-week global tour aimed at building support to oust his rival, President Nicolas Maduro. “We have a strategy, ...
Read More »Brexit halo fades for Irish leader fighting for survival
Bloomberg As Irish PM Leo Varadkar welcomed European Commission President Ursula von der Leyen, there was plenty of noise. Here was the EU’s top official coming to Dublin on the first full day of an election campaign. But as von der Leyen commended him for his statesmanship during Britain’s divorce from the EU, outside the building that houses Ireland’s key ...
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