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Bloomberg Seven years worth of Ford Motor Co.’s most-popular SUV model are a step closer to recall in the US over mounting reports of exhaust fumes leaking inside. The National Highway Traffic Safety Administration (NHTSA) has taken an interim step towards prompting the recall of 1.3 million 2011-2017 Ford Explorers, including 2016-2017 Explorer Police Interceptor models, according to a posting on ...

Bloomberg Portuguese Finance Minister Mario Centeno expects greater demand for his nation’s debt from a broader array of investors to spur lower borrowing costs both for the government and corporations, after the country’s credit rating was restored to investment grade status by S&P Global Ratings. “This has a very significant impact,” Centeno said in a telephone interview. “It allows a ...

Bloomberg Anthem Inc. reversed course and said it will offer Obamacare plans in Virginia, after a pullback by another insurer threatened to leave the state with large gaps in coverage. Anthem revised its 2018 offerings, saying in a statement that it would now offer plans in 68 cities and counties in Virginia. Around the US, insurers face deadlines at the ...

Bloomberg Consumer spending in Miami and Fort Lauderdale plunged more than 57 percent from a year earlier as Hurricane Irma caused residents to evacuate or take shelter, according to a report from First Data Corp. Information released by the Atlanta-based company, which tracks shopping activity through the transactions it processes, shows consumption peaked September 5 and then cratered September 8, ...

Bloomberg Could a Cardiff, Wales-based wafer company be the next big thing for UK technology investors? Investors trying to sniff out hidden Apple Inc. suppliers are betting on it, sending the shares of IQE Plc up more than 300 percent this year. The company is the second-best performer in the FTSE AIM 100 Index year-to-date and has also beaten every ...

Bloomberg ­­­­­­­­­­­­­­­ UK lawmakers called for Foreign Secretary Boris Johnson to be fired after he threw himself back into the Brexit debate with a newspaper article that was seen as undercutting Prime Minister Theresa May days before she is set to refresh her own strategy for the split. Writing in the Daily Telegraph a day after a failed bomb attack ...

Bloomberg The Gaza Strip’s militant Hamas rulers said they were ready to take key steps meant to allow the reunification of the rival Palestinian governments. The group said it agreed to dismantle the administrative committee that runs Gaza and hold nationwide elections. It asked the West Bank-based government of Palestinian Authority President Mahmoud Abbas to return to Gaza, which Hamas ...

Bloomberg Hurricane Jose churned towards the US Northeast and could cause swells along the coast by midweek, according to the National Hurricane Center, while Norma is aiming for Mexico’s Baja California and a new system is gathering strength in the Caribbean as a busy tropical weather season grinds on. Jose was about 675 kilometres south-southeast of Cape Hatteras, North Carolina. ...

Bloomberg The UK arrested a second suspect in connection with the blast on a commuter train as London’s counter-terrorism police widened their investigation into the attack that injured at least 30 people. The UK threat level remained at critical. Police arrested a 21-year-old man in Hounslow, southwest London, late Saturday, the Metropolitan Police said in a statement. He was being ...

Bloomberg Japanese Prime Minister Shinzo Abe may hold a snap general election next month, local media reported, a move that would allow him to seize on opposition disarray and growing support for his handling of the North Korea crisis. Abe appears increasingly inclined to call an election amid a recovery in public support following a spate of scandals, public broadcaster ...