Trump Said Not to Commit to Extraditing Turkish Cleric Gulen
published Dec 17, 2018, 3:47:04 PM, by Justin Sink and Margaret Talev(Bloomberg) — President Donald Trump didn’t commit to Turkish President Recep Tayyip Erdogan that he would extradite a U.S.-based religious leader Turkey has accused of instigating an attempted coup, a senior White House official said. Turkish Foreign Minister Mevlut Cavusoglu
Trade Detente-Fueled Rally Fades Amid Weak China Data: EM Review
published Dec 16, 2018 2:00:00 PM, by Yumi Teso and Aline Oyamada (Bloomberg) — Emerging-market stocks and currencies slid as disappointing economic data from China reinforced concerns about the outlook for global growth, outweighing positive trade developments. Asset Moves as of 4:20 p.m. in New York on Friday Weekly MSCI EM
Saudi Arabia Denounces U.S. Senate Measure on Crown Prince: Spa
published Dec 16, 2018 5:04:00 PM, by Zaid Sabah (Bloomberg) — The kingdom of Saudi Arabia denounces the recent position of the U.S. Senate, which was based on baseless allegations and accusations, including blatant interference in its internal affairs, state-run SPA reports, citing a statement issued by unidentified official at
It’s a Bitter End for Sugar as Investors Line Up for 2019 Losses
published Dec 16, 2018 7:00:00 PM, by Fabiana Batista (Bloomberg) — Sugar is ending 2018 on a bitter note on signs that a price collapse could get even worse next year. Futures have slumped 17 percent this year, a second straight annual loss, as booming global production sparked a supply
Trump Vows Consequences for GM, Says China Car Tariffs Too High
published Dec 13, 2018, 1:04:48 PM, by Alyza Sebenius and Justin Sink(Bloomberg) — President Donald Trump reaffirmed his promise to punish General Motors Co. for plans to close an auto factory in the electoral battleground of Ohio and said China’s plan to lower tariffs on U.S. cars to 15 percent doesn’t
Facebook Stopped 141 Suspected Russian Accounts on FBI Tip
published Nov 13, 2018, 1:38:06 PM, by Sarah Frier(Bloomberg) — Facebook Inc. took down some accounts ahead of last week’s U.S. midterms that federal authorities told them might possibly be from the Russian Internet Research Agency — the same group that tried to influence the 2016 election. The company on Monday
Apple Says China IPhone Ban Would Force Settlement With Qualcomm
published Dec 13, 2018, 6:38:13 PM, by Mark Gurman and Ian King(Bloomberg) — Apple Inc. said a Chinese ban on the sale of some models of the iPhone will force it to settle a long and bitter licensing battle with Qualcomm Inc., according to a recent legal filing. Earlier this week,
Diehards Stick With Koch-Backed Lobby Amid Corporate Exodus
published Dec 3, 2018, 2:57:49 PM, by Ari Natter(Bloomberg) — Several tables sat empty — salads untouched — in the Washington ballroom as hundreds of lawmakers, lobbyists and others ate roasted chicken as a speaker blamed over-regulation for the nation’s lack of affordable housing. “That’s why you see people out with
Greedy Liar or Flawed Family Man? Cohen Fate Rests on Answer
published Dec 12, 2018, 8:59:40 AM, by Shahien Nasiripour and Bob Van Voris(Bloomberg) — A Manhattan federal judge will have to decide between two competing portraits of President Donald Trump’s longtime fixer, Michael Cohen, at a sentencing hearing on Wednesday: The greedy lifelong liar or the family man who made some
U.S. Should Be Burning Up Coal This Winter But Probably Won’t
published Dec 12, 2018, 10:29:26 AM, by Christopher Martin(Bloomberg) — With natural gas prices surging in the U.S., you might think coal would be king again this winter. Think again. Yes, production is rising, a little. And yes, higher electricity prices in the biggest U.S. power market are providing a rare