Trump plans eight-state rallies in campaign swing

Bloomberg President Donald Trump plans to hold campaign rallies in eight states next week in a final push ahead of November elections that will determine whether Republicans retain control of Congress, a White House official said. Trump will travel to Missouri, West Virginia, Montana, Indiana, Ohio, Georgia, Tennessee and Florida in the final days before the November 6 vote, the ...

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Georgia’s presidential vote too close to call: Exit poll

Bloomberg Georgia’s final election for president was too close to call and a runoff appeared likely, according to an independent exit poll on Rustavi 2 television. The poll by Edison Research showed Grigol Vashadze of the Strength in Unity grouping of opposition parties and Salome Zurabishvili, backed by the ruling Georgian Dream party, each with 40 percent. Davit Bakradze of ...

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Syria summit doubles down on political push for peace

Bloomberg The first summit on Syria to bring together the leaders from Germany, Russia, Turkey and France ended with a new appeal for a political solution to the country’s seven-year war but sidestepped more contentious issues including the future of Bashar al-Assad’s regime. A joint communique after talks in Istanbul called for a committee to be established and convened in ...

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No-deal Brexit may prolong UK austerity

Bloomberg The UK government would need new tax and spending plans and may have to extend austerity policies if it fails to secure a deal with the European Union, Chancellor of the Exchequer Philip Hammond said. With analysis last week showing a no-deal Brexit would drag the economy to a near standstill next year, Hammond said “frankly, we’d need to ...

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Opposition party picks leader ahead of Thailand election

Bloomberg Thailand’s main opposition Pheu Thai Party picked acting head Viroj Pao-in as its leader ahead of a general election expected in 2019 after more than four years of military rule. Viroj, a police lieutenant general, was the only name on the leadership ballot, the party said in a briefing on Sunday. The party added it will decide later if ...

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China tells state-owned giants to halt buying oil from Iran

Bloomberg China’s government has told at least two of its state oil companies to avoid purchasing Iranian oil as the US prepares to impose sanctions on the Persian Gulf state, according to people with knowledge of the matter. The freeze on imports by China National Petroleum Corp. (CNPC) and Sinopec is temporary and purchases may resume depending on the outcome ...

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Exxon Mobil sued for deceiving investors on climate change

Bloomberg Lawyers for Exxon Mobil Corp. stood before a New York judge and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public disclosures about climate change, saying authorities should sue the energy giant or move on. Attorney General Barbara Underwood filed a fraud lawsuit against Exxon in state court in ...

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Endeavor weighs sale after getting takeover interest

Bloomberg Endeavor Energy Resources LP, the largest privately held oil producer in the Permian Basin, is weighing a sale after receiving takeover interest from major energy explorers, according to people familiar with the matter. Midland, Texas-based Endeavor could draw interest from suitors including Chevron Corp. and BP Plc, said the people, who asked to not be identified because the matter ...

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Tianqi Lithium to buy $4.1 billion stake in SQM

Bloomberg China’s Tianqi Lithium Corp. cleared a major hurdle in its bid to buy a $4.1 billion stake in SQM, the world’s second-largest producer of the mineral used in electric-vehicle batteries. Chile’s constitutional court has declared inadmissible a suit questioning whether an agreement between Tianqi and Chile’s antitrust agency FNE went far enough to protect SQM’s trade secrets against its ...

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India speeds ahead of China in electric-vehicle revolution

Bloomberg An electric-vehicle revolution is gaining ground in India, and it has nothing to do with cars. The South Asian country is home to about 1.5 million battery-powered, three-wheeled rickshaws — a fleet bigger than the total number of electric passenger cars sold in China since 2011. But while the world’s largest auto market dangled significant subsidies to encourage purchases ...

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