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Bloomberg Apple Inc shares rose for a fourth straight session, with the iPhone maker hitting its highest level since October as investors continued to feel bullish about the company’s recent product event. Shares gained as much as 1.3 percent on the day and have risen nearly 17 percent off a low hit in August. The rally puts the company less ...

Bloomberg A jury has awarded three plaintiffs injured in a 2017 Amtrak derailment outside DuPont, Washington a total of $16.75 million in damages, Luvera Law Firm said in a statement. The plaintiffs, Dale Skyllingstad, Blaine Wilmotte and Madison Wilmotte, are the first group of victims to take the railway carrier to trial for the incident that killed three men and ...

Bloomberg The storm system that’s rained on the Bahamas for two days, slowing the recovery from Hurricane Dorian, is set to become Tropical Storm Humberto when it scrapes by Florida and veers sharply out to sea. Parts of Florida remain on a tropical storm watch and will probably get heavy rain in any case. The system has sustained winds of ...

Bloomberg The French government boosted its budget-deficit forecast, amid global economic headwinds and a drag on finances from President Emmanuel Macron’s stimulus in response to the Yellow Vest protests. The finance ministry cut the 2020 growth forecast to 1.3 percent from 1.4 percent previously and raised its budget deficit target to 2.2 percent of economic output from the 2.1 percent ...

Bloomberg Polish employer groups are voicing alarm over government plans to nearly double the minimum wage and hike social security fees, saying that businesses and the wider economy will face major risks from fast-rising costs. Seeking to further boost its poll-leading standings ahead of next month’s general election, Poland’s ruling party has pledged to raise the minimum wage by 78 ...

Bloomberg Taiwan has signalled to US officials that it will move swiftly to complete the purchase of 66 new F-16 fighters once congressional foreign relations committees complete their review this month, according to a State Department official. The department formally notified Congress on August 20 that it approved the sale, which includes munitions, defensive electronics and a top-of-the line fire-control ...

Bloomberg The US Navy has asserted that the recent passage of its guided-missile destroyer USS Wayne E Meyer in waters near the Paracel Islands in the South China Sea is consistent with its stance on international law that allows freedom of navigation, according to a statement on Saturday. “China, Taiwan, and Vietnam each claim sovereignty over the Paracel Islands,“ the ...

Bloomberg The Taliban sent a team to Russia, and plans to visit China, Iran and Central Asian states to gauge support for the US to be forced to leave Afghanistan, Reuters reported, citing the group’s officials. The group wants to keep regional leaders informed about the breakdown of the talks and US President Donald Trump’s decision to suspend the process ...

Bloomberg A pact between Malaysia’s biggest opposition parties is set to pose a key challenge to Prime Minister Mahathir Mohamad’s multiracial coalition that has sought to win support from the Malay Muslim majority. United Malays National Organisation (UMNO) the largest party in the alliance that ruled the country for six decades before being ousted last year, and Pan-Malaysian Islamic Party ...

Bloomberg Three-and-a-half years after he quit as British prime minister in the wake of the Brexit referendum, David Cameron has got his revenge on the man he blames for his defeat: Boris Johnson. In an interview with the Times newspaper ahead of the publication of his memoirs next week, Cameron accused Johnson of originally campaigning for Brexit not because he ...