New York deals blow to $1b shale gas pipeline

Bloomberg New York denied a key permit for a $1 billion Williams Cos. shale gas pipeline, dealing a critical blow to a project that would shuttle fuel to customers in New York City and Long Island. The New York State Department of Environmental Conservation said that the pipeline would result in water quality violations, including those caused by kicking up ...

Read More »

Arkema set to acquire US chemical-maker for $570m

Bloomberg Arkema SA agreed to buy a US-based supplier of mining-additives from Golden Gate Capital for $570 million as part of Chief Executive Officer Thierry Le Henaff’s drive to expand in higher-margin specialty chemicals. Purchasing ArrMaz Custom Chemicals Inc. will add a portfolio of defoamers and other so-called surfactants also used in road construction and agrochemicals generating annual sales of ...

Read More »

Saudi says no to war with Iran, vows strong response

Bloomberg Saudi Arabia does not want a war with Iran but will respond “with strength and determination” if Iran decides to start one, a top Saudi official said. “We don’t want a war in any way, but at the same time we won’t allow Iran to continue its hostile policies towards the kingdom,” Minister of State for Foreign Affairs Adel ...

Read More »

Explosion targets tourist bus in Egypt, 16 injured

Bloomberg At least 16 people were injured when an explosive device targeted a tourist bus near the Giza pyramids in Egypt, said Hanaa Serour, an official at the Health Ministry. Some of the wounded were foreign nationals, according to Mohammed El-Saghir, head of police investigations in Giza’s al-Haram neighbourhood. The blast occurred in front of a museum that’s under construction, ...

Read More »

Modi’s coalition set to return to power: Exit polls

Bloomberg PM Narendra Modi is likely to return to power at the head of a coalition government, with exit polls predicting his Bharatiya Janata Party and its allies will win a majority of seats in India’s parliament. The BJP-led National Democratic Alliance will win as many as 306 seats in India’s 543-seat lower house, according to an exit poll from ...

Read More »

Austria’s Kurz seeks to rule solo after dumping nationalists

Bloomberg Austrian Chancellor Sebastian Kurz ended his controversial coalition with the nationalist Freedom Party after a video compromised his junior partner, seeking an early election in a gamble he can govern alone. Twenty-six hours after Austrian politics was turned upside down by the publication of secretly filmed footage showing his deputy promising government contracts in return for campaign funding, Kurz ...

Read More »

Merkel steps up contest for EU’s future

Bloomberg German Chancellor Angela Merkel warned Europeans against falling sway to populists, evoking the continent’s wars in a proxy showdown with Italy’s deputy premier before voters have their say next week. On a day when far-right politics brought down a government in Austria, Merkel stepped up her message that only the EU’s established parties could protect liberal values and seven ...

Read More »

‘Duterte signing papers, not confined in hospital’

Bloomberg President Rodrigo Duterte is in his residence at the presidential palace in Manila signing papers, his spokesman said, denying that the Philippine leader was confined in a hospital. “I just talked to him,” spokesman Salvador Panelo said in a statement. “He’s neither confirming nor denying that he went to the hospital,” the spokesman said. ABS-CBN News said in a ...

Read More »

Trump’s disruptive style has diminishing returns

President Trump has styled himself in foreign policy as the Great Disrupter. And for a time, this unpredictable approach served him reasonably well. Leaders from China, North Korea and Iran found themselves off balance, and they sometimes made what looked like concessions. Trump’s problem is that, after two years, foreign nations seem to have figured him out. Rather than crafting ...

Read More »

Macron takes a closer look at Facebook

Social networks such as YouTube and Facebook have the power to make content go “viral,” spreading it at an unprecedented and uncontrollable pace. That seems innocent enough when you’re looking at a cat video, but if it’s murder, for example, the lack of a way of stopping the virus becomes glaring. After the New Zealand mosque shootings were streamed live ...

Read More »
Send this to a friend