Bloomberg Canada will consider pursuing a new multilateral Pacific Rim trade deal now that President Donald Trump has signaled the US is abandoning the Trans-Pacific Partnership. Trade Minister Francois-Philippe Champagne said in an interview shortly before Trump’s inauguration Canada would consider all its options with fellow TPP states, including whether a new deal can be salvaged without US participation. ...
Read More »Netflix’s shrinking DVD service faces an uncertain future
SAN FRANCISCO / AP Originally cast in a starring role, Netflix’s original DVD-by-mail service has been reduced to a bit player — one that may eventually get killed off as the company focuses on its booming video streaming service. Netflix’s fourth-quarter earnings report released Wednesday provided the latest glimpse at the DVD service’s descent into oblivion as the streaming ...
Read More »UK economy ends year on a high
Bloomberg The UK economy looks to have finished 2016 on a high. That’s according to the latest Bloomberg News survey of economists, which predicts 0.5 percent growth in the fourth quarter. That would follow expansion of 0.6 percent in both the third and second quarters. The Office for National Statistics will publish the data on Jan. 26 in London. ...
Read More »California utilities want $1bn to promote electric cars
Bloomberg California’s utilities are asking for more than $1 billion to spend on electric car-charging stations that will help the state meet its goal of getting 1.5 million zero-emissions vehicles on the road by 2025. Edison International’s Southern California Edison utility asked state regulators for permission to collect $570 million from customers over five years to pay for, among ...
Read More »Trump takes office, vows to stop ‘American carnage’
WASHINGTON / AP Pledging emphatically to empower America’s “forgotten men and women,†Donald Trump was sworn in as the 45th president of the United States on Friday, taking command of a riven nation facing an unpredictable era under his assertive but untested leadership. Under cloudy, threatening skies at the West Front of the US Capitol, Trump painted a bleak picture ...
Read More »Bomb kills 20 in Pakistan
PESHAWAR / AP A bomb exploded Saturday in a market in a northwest tribal region that borders Afghanistan, killing 20 people and wounding at least 50, officials said. Dr Sabir Hussain at the main hospital in Parachinar, the capital of Pakistan’s Kurram tribal region, said two wounded victims died during treatment, raising the death toll. Shahid Khan, an assistant tribal ...
Read More »2 die in central China landslide
BEIJING /Â AP At least two people were killed and 10 others are missing after a hotel in central China was buried in a landslide, the local government reported on Saturday. Crews were working to dig out those trapped in the Mirage Hotel that was struck by the disaster around 7:30 p.m. on Friday, the government of Nanzhang county in ...
Read More »Gambian activists urge justice as longtime leader steps down
BANJUL / AP As Gambia’s defeated authoritarian ruler prepares to leave the country, human rights activists demand that he be held accountable for alleged abuses. Yahya Jammeh announced early Saturday he will cede power, after hours of last-ditch talks with regional leaders and the threat that a regional military force would forcibly remove him. No date has been set for ...
Read More »Chinese express doubts about US relations under Trump
BEIJING / AP People in Beijing expressed doubts on Saturday about President Donald Trump’s ability to steer the US economy and manage China-American relations, underscoring concerns over trade, Taiwan and other issues. While Trump didn’t mention China in his inaugural address on Friday, he referred often to the country during the campaign and upended diplomatic protocol after the election by ...
Read More »Europe’s nationalist leaders launch year of election hopes
KOBLENZ / AP French presidential hopeful Marine Le Pen declared on Saturday that 2017 will be the “year of the awakening of the people of continental Europe†as she joined fellow nationalist leaders in Germany at the beginning of a year of high-stakes national elections. Le Pen was joined by the Netherlands’ Geert Wilders, Matteo Salvini of Italy’s Northern League ...
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