Bloomberg Prime Minister Theresa May is in a double bind as she tries to navigate the politics of Brexit while keeping businesses on side: Even when she thinks she’s giving companies what they want, they say she’s made it worse. May is set to ask the European Union to let Britain keep access to its single market and customs union ...
Read More »Europe gets back in fight mode with trade, investment push
Bloomberg European Commission President Jean-Claude Juncker pushed to expand Europe’s global economic footprint in a sign of growing confidence that the political threats posed by Brexit and populism can be curtailed. Juncker, who leads the European Union’s executive arm, proposed to start EU free-trade talks with Australia and New Zealand, give the bloc a role in screening foreign investments and ...
Read More »Uber’s legal chief to depart as CEO sets new course
Bloomberg Dara Khosrowshahi, the new chief executive officer at Uber Technologies Inc., laid out an initial set of plans during a staff meeting to get the troubled ride-hailing company back on course. He said his top priority was hiring a chief financial officer who can help the company balance its need to control spending with continued growth, said two people ...
Read More »As Irma fades, swirling Jose eyes $19trn in property
Bloomberg Don’t underestimate Jose. The meteorological gods seem to be working against the hurricane as Irma’s successor lumbers over the Atlantic Ocean. But it’s so far out — more than 950 miles from New York — that it’s too soon to call the all clear. “If it is going to be a threat, it is probably a threat next week,†...
Read More »Trump woos democrats on tax overhaul bill
Bloomberg Three Democratic senators joined President Donald Trump for a White House dinner aimed at winning their support for an as-yet unreleased tax overhaul bill that would be written by Republican leaders. Trump’s guests — Joe Manchin of West Virginia, Heidi Heitkamp of North Dakota and Joe Donnelly of Indiana — are the only three Democratic senators who haven’t signed ...
Read More »Norea Korea slams curbs, vows faster N-push
Bloomberg  North Korea rejected the latest round of United Nations sanctions on the isolated state, and vowed to accelerate its plans to acquire a nuclear weapon that can strike the US homeland. In its first official response to the new resolution, North Korea’s foreign ministry released a statement on state-run media saying the sanctions justified its nuclear push and ...
Read More »Barzani vows to press on with Kurdish plebiscite
BAGHDAD / ERBIL / Reuters Iraq’s Kurdish leader Massoud Barzani vowed to press ahead with a referendum on Kurdish independence on Sept. 25 despite a vote by Iraq’s parliament to reject the move. Earlier the parliament in Baghdad authorised the prime minister to “take all measures†to preserve Iraq’s unity. Kurdish lawmakers walked out of the session before the vote ...
Read More »Israel backs Kurdish independence vote
Bloomberg Israeli Prime Minister Benjamin Netanyahu voiced support for Kurdish statehood, offering a lone source of backing for an autonomy referendum in Iraq this month that allies oppose. Israel “supports the legitimate efforts of the Kurdish people to achieve their own state,†Netanyahu said in a statement on Tuesday night during his visit in Latin America. His endorsement clashes with ...
Read More »â€˜Kenya poll rerun delay may resolve vote concerns’
Bloomberg Kenya’s opposition presidential candidate said the electoral authority should consider delaying the rerun of last month’s annulled presidential vote until the end of October to ensure it’s organized in a credible manner. The date for the election could be adjusted within the 60-day period stipulated by the law to give the electoral body enough time to prepare a fair ...
Read More »Merkel wants Schaeuble to continue as finance minister
Bloomberg Wolfgang Schaeuble can expect to be offered another term as German finance minister if Chancellor Angela Merkel wins re-election on Sept. 24, according to four people familiar with the government’s deliberations. Schaeuble has signaled his interest for the post and Merkel would be willing to pay a high political price to extend his tenure, the people said. All asked ...
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