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Bloomberg Europe’s push to scrap use of coal as a power generation fuel could make Fortum Oyj think twice before launching a bid for a full takeover of Uniper SE, one of the continent’s biggest burners of the dirtiest fossil fuel. Fortum, which owns a 49.99 percent stake in Uniper, said it had ended its long-running feud with the German ...

Bloomberg The UK cancelled a 13.8 million pound ($18 million) contract with Seaborne Freight, a startup company that doesn’t own any ships, to deliver backup ferry service in the event of a no-deal Brexit. Lawmakers had criticized the contract award. The deal was scrapped when “it became clear Seaborne would not reach its contractual requirements with the government,” the Department ...

Bloomberg Alector Inc. raised $176 million in the first US initial public offering without a fixed share price since the government shutdown all but froze the market. The biotechnology company said in a statement that it sold 9.25 million shares at $19 each, the midpoint of the marketed range of $18 to $20. The share sale gives the company a ...

Bloomberg Amazon.com Inc managers have weighed alternatives to locating a corporate campus in New York City after local officials opposed the plan, according to people with knowledge of the matter. Some people involved in the planning for Amazon’s East Coast expansion have discussed whether to pare back the New York plans, said the people, who asked not to be identified ...

Bloomberg The US is seeking support for a United Nations Security Council resolution condemning Venezuela’s government for blocking humanitarian aid from entering the country and calling on President Nicolas Maduro to hold new elections. The draft resolution calls for the “immediate start of a political process leading to free, fair, and credible presidential elections,” according to a copy of the ...

Bloomberg Congressional negotiators dug in for a weekend of talks on a security plan that includes some sort of barrier on the US-Mexican border, hoping to complete a deal to avert another government shutdown that’s also acceptable to President Donald Trump. Trump was back in the fray, indicating in a tweet that if Democrats didn’t give him all the wall ...

Bloomberg UK Prime Minister Theresa May wants more time to renegotiate her Brexit deal with the European Union and in return is promising lawmakers a further chance to take control of the process before the clock runs out, according to an official with knowledge of her plans. With a vote due February 14 and no prospect of agreement, May will ...

Bloomberg An Indian state lawmaker was shot dead in West Bengal amid rising tensions between the provincial and federal governments. Satyajit Biswas, who belonged to the state’s ruling All India Trinamool Congress party, was shot by assailants near his home on Saturday night, the Times of India reported, citing the police. The Trinamool Congress said on Twitter the death was ...

Bloomberg When Bolanle Aliyu decided to run for governor of Oyo State in southwestern Nigeria, even her husband was initially reluctant to support her. Aliyu knew it was going to be tough once she entered the boisterous and sometimes violent world of Nigerian politics. She’d have to figure out how to fund her campaign and deal with corrupt party officials ...

Soon, in a federal court that few Americans know exists, there will come a ruling on a constitutional principle that today barely exists but that could, if the judicial branch will resuscitate it, begin to rectify the imbalance between the legislative and executive branches. It is the “nondelegation doctrine,” which expresses John Locke’s justly famous but largely ignored admonition that ...