Global shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares rose as authorities lifted some work and travel curbs, helping businesses to resume operations.
Feb.10 — Annegret Kramp-Karrenbauer plans to step down as leader of Chancellor Angela Merkel’s Christian Democratic Union, a spokesman for the party said in a statement on Monday. Kramp-Karrenbauer will also not seek to run as chancellor candidate for the CDU in the next election. Matt Miller reports on “Bloomberg Markets: European Open.” …read more […]
(Bloomberg) — China warned France against treating Huawei Technologies Co. differently from European competitors when it comes to future 5G network equipment contracts, as the U.S. mounts a campaign to keep the Chinese tech giant at bay.In a lengthy statement issued on Sunday on its website, the Chinese embassy in Paris urged France to establish “transparent criteria and treat all companies in a similar way,” referring to telecom equipment makers.It also warned that a difference in treatment based on the country of origin would be considered “blatant discrimination” and “disguised protectionism.”The statement also carried a veiled warning.“We do not wish …read more […]
Feb.10 — UniCredit SpA Chief Executive Officer Jean Pierre Mustier discusses shareholder payouts, negative interest rates and the European banking environment. He talks on “Bloomberg Markets: European Open.” …read more […]
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be… …read more […]
Oil prices slipped lower on Monday as traders assessed China’s oil demand following the coronavirus outbreak and waited to see if major producers will cut output further to balance markets.
Asian shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares gained as authorities lifted some work and travel restrictions, helping businesses to resume operations.
Israeli defense firm Elbit Systems Ltd said on Monday it won contracts worth $136 million to provide customers in Asia-Pacific with airborne laser direct infrared countermeasure (DIRCM) systems.
Gathered in a German mountain castle last November for an evening retreat that ended with a whiskey-tasting, rebel European Central Bank policymakers and Christine Lagarde, their newly confirmed president, made a pact.
Feb.10 — Arab nations have dialed back criticism of President Trump’s Middle East Peace Plan and proposed a more moderate resolution which calls for a Palestinian State based on the 1967 borders. Bloomberg’s Zainab Fattah reports on “Bloomberg Daybreak: Middle East.” …read more […]
(Bloomberg) — China’s most stressed dollar debtors face a major test of their financing capacity next month, with over a tenth of all bonds coming due just as the nation grapples with the economic impact of a virus that continues to spread.About $2.1 billion of offshore notes with yields of at least 15% — characterizing them as stressed — are due in March, the biggest monthly maturity wall this year, according to data compiled by Bloomberg. Most were sold by property developers, an industry that’s been hard hit with China’s transport system hobbled and much of the economy in an …read more […]
(Bloomberg) — The South Korean comedy “Parasite” captured the Oscar for best picture of 2019, making history as the first foreign language film to win Hollywood’s most-coveted award.Bong Joon Ho, who made the film, was crowned best director Sunday at the 92nd Academy Awards in Hollywood, another first. His film also captured Oscars for best original screenplay and top international picture.The victory was a defining moment in the globalization of Hollywood, which had previously favored homegrown films over foreign-language fare. With Asian directors increasingly grabbing the spotlight — and the region poised to be home to the world’s No. 1 …read more […]
The United States has signaled to Iraq its willingness to extend sanctions waivers enabling the country to continue importing vital Iranian gas and electricity imports, three Iraqi officials said this week, a move that would be a key test of Baghdad-Washington ties. The decision comes amid strained U.S.-Iraqi ties following last month’s Washington-directed airstrike in Baghdad that killed a high-profile Iranian general and a senior Iraqi militia leader. The three officials said the U.S. State Department, which issues such waivers, has conveyed its readiness to extend the waiver for another three months — if Iraq is able to …read more […]
Feb.10 — The global death toll from the coronavirus outbreak has reached 910 as we enter what many experts see as a crucial period in determining the trajectory of the virus’ spread. Bloomberg’s Yvonne Man and Selina Wang report on “Bloomberg Markets.” …read more […]
Britain takes U.S. concerns about its use of Huawei equipment seriously but is confident a trade deal with the United States will be among its first after leaving the European Union, its foreign secretary said on Monday.
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