bloomberg news update

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    World Zimbabwe’s New President Eases Land Laws for White Farmers – Bloomberg

    Zimbabwe’s government will allow white farmers to apply for 99-year leases on land, rescinding a policy implemented under former President Robert Mugabe that limited them to five-year contracts. About 3,500 white Zimbabweans owned close to 4,500 farms until 2000 when government-backed militants...
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    World McDonnell’s Davos Message: Share the Wealth to Allay Alienation – Bloomberg

    John McDonnell came to the World Economic Forum in Davos with an uncomfortable message for the global elite. “I just warn the Davos establishment: There’s an anger building out there that you need to recognize and deal with,” McDonnell, the U.K. opposition Labour Party’s spokesman on finance...
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    World Chinese Family Pays Price for Activist’s Probe of Ivanka Trump – Bloomberg

    Xiangyang, China (AP) — With two young children, Deng Guilian hadn’t planned on going back to work. That changed after her husband was arrested while investigating labor abuses at Chinese suppliers for Ivanka Trump’s brand. Now the 36-year-old mom works the overnight shift at a karaoke parlor...
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    World 5 Killed as Gunmen Battle Security Forces At Kabul Hotel – Bloomberg

    Kabul, Afghanistan (AP) — Gunmen stormed the Intercontinental Hotel in Kabul, killing at least five people, including a foreigner, and setting off a 12-hour gunbattle with security forces that continued into Sunday morning, as frantic guests tried to escape from fourth and fifth-floor windows...
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    World Supreme Court to Review Trump’s Travel Ban – Bloomberg

    The U.S. Supreme Court will rule on President Donald Trump’s travel ban, agreeing to hear his appeal of a decision that said he overstepped his authority by restricting entry into the country by people from six mostly Muslim countries. The case could produce a definitive ruling by late June on...
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    Metro Norwegian Airlines Sets Record for Fastest Transatlantic Flight – Bloomberg

    To the envy of plane-weary travelers everywhere, passengers aboard a Norwegian Airlines flight from New York to London on Jan. 15 were treated to a pleasant surprise: they arrived 53 minutes ahead of schedule, making theirs the fastest transatlantic flight ever recorded on a subsonic commercial...
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    World Sinking Tanker Spills Oil Into East China Sea – Bloomberg

    The Iranian oil tanker Sanchi sank into the East China Sea on Sunday afternoon after a blast, causing a “serious” oil spill that covered 10 square kilometers (3.9 square miles), state television reported, citing China’s State Oceanic Administration. The oil from the tanker was still burning...
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    Business InterContinental Exits Nigeria Over Debt Fallout With Partners –

    InterContinental Hotels Group Plc is withdrawing from Nigeria four years after it opened its first site in Africa’s most populous country following a disagreement with local partners over the terms of how to bring the property out of receivership. The U.K. company’s 358-room hotel in Lagos...
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    Business Blankfein Tweets American Values Will Survive ‘All the Sh*t’ –

    Lloyd Blankfein appeared to take another shot at President Donald Trump Friday. The Goldman Sachs Group Inc. chief executive officer took to Twitter with a photo of the Statue of Liberty piercing through the fog in New York harbor south of his office. During a meeting with lawmakers Thursday...
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    Business Coca-Cola South Africa Bottling Unit Severs Ties With McKinsey.

    Coca-Cola Co.’s South African bottling unit isn’t awarding business to McKinsey & Co. pending the outcome of probes into the U.S. consultancy’s work involving the politically connected Gupta family. Coca-Cola Beverages South Africa hasn’t given a contract to McKinsey sine June 2017 and has no...
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    Business Apple Probed as French Customers Say IPhones Are Designed to Die – Bloomberg

    Apple Probed as French Customers Say iPhones Are Designed to Die By January 9, 2018, 4:13 AM EST Apple Inc. faces a French criminal probe into allegations from consumer groups that it’s deliberately shortening the life of iPhones. The investigation, confirmed by Paris prosecutors on Tuesday...
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