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Japan’s Suga Makes Fresh Pitch for Meeting With Kim Jong Un - BNN Bloomberg

Japan’s Suga Makes Fresh Pitch for Meeting With Kim Jong Un - BNN Bloomberg

Yoshihide Suga, Japan's newly appointed prime minister, speaks during a news conference in Tokyo, Japan, on Wednesday, Sept. 16, 2020. Japan's parliament formally elected ruling party stalwart Yoshihide Suga - the 71-year-old son of a strawberry farmer - to be the country's first new prime minister in almost eight years., Bloomberg(Bloomberg) -- Japanese Prime Minister Yoshihide Suga declared his willingness to meet North Korea’s Kim Jong-Un without preconditions, affirming the policy of his predecessor in his debut speech to the United Nations.Japan would seek to normalize ties with North...

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4d ago
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Tesla’s Nemesis in China Is a Tiny $5,000 Electric Car From GM - BNN Bloomberg

Tesla’s Nemesis in China Is a Tiny $5,000 Electric Car From GM - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.(Bloomberg) -- Known globally for its trucks and muscle cars, General Motors Co. has scored a surprise hit in China with its local partners: a petite electric vehicle that sells for less than $5,000.The Hongguang MINI EV, made by SAIC-GM-Wuling Automobile Co., is currently the hottest EV in China, the world’s biggest automobile market. Sales of the compact four-seater beat industry giant Tesla Inc. in August, with consumers wowed by its tiny price tag -- the EV...

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4d ago
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Geneva Voters Agree to $25 Minimum Hourly Wage - BNN Bloomberg

Geneva Voters Agree to $25 Minimum Hourly Wage - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.A waitress wearing a protective face mask takes a customer's order at a cafe's terrace in the Covent Garden area of London, U.K., on Saturday, July 4, 2020. Restaurants, hotels, cinemas and hairdressers will also be allowed to open their doors again on what has been dubbed 'Super Saturday' after 3 1/2 months of an economic...

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3d ago
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South Korea Warns of New Mass Infection After Church Flareup - BNN Bloomberg

South Korea Warns of New Mass Infection After Church Flareup - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.Pedestrians wearing protective masks cross a road in Daejeon, South Korea, on Friday, June 5, 2020. South Korea has refrained from imposing a full lockdown to contain the virus outbreak, instead relying on mass testing and loose social distancing rules., Bloomberg(Bloomberg) -- South Korea warned of another mass infection after...

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Aug 16
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COVID-19 risks overwhelming Beirut as blast knocks out hospitals - BNN Bloomberg

COVID-19 risks overwhelming Beirut as blast knocks out hospitals - BNN Bloomberg

Damaged buildings stand beyond destroyed warehouses in the Port of Beirut in Beirut, Lebanon, on Friday, Aug. 7, 2020. Lebanon will question a former public works minister and the general manager of Beirut port over the blast that destroyed the facility and nearby city districts, as a French team of experts arrived to aid the investigation. Photographer: Hasan Shaaban/Bloomberg, BloombergLebanon’s devastating explosion put three major hospitals out of action and incapacitated more than two dozen clinics, hindering its ability to respond to a spike in COVID-19 cases.The World Health...

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Aug 12
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Home of the oil sands eyes cleaner future as hydrogen superpower - BNN Bloomberg

Home of the oil sands eyes cleaner future as hydrogen superpower - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.The idea of producing cleaner-burning hydrogen to rid the world of fossil fuels is gaining traction in the unlikeliest of places: Alberta, home of the infamously dirty oil sands.Better known for energy companies that have been blacklisted by the Church of England for their emissions-intensive crude, the oil-rich Canadian province has attracted a growing group of researchers and entrepreneurs betting that the region's vast resources can turn it into one of the...

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Aug 13
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Busted retailers use bankruptcy to break leases by the thousands - BNN Bloomberg

Busted retailers use bankruptcy to break leases by the thousands - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.With the pandemic intensifying the plight of U.S. retailers, companies from J. Crew Group Inc. to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter thousands of stores.By seeking court protection, firms like Neiman Marcus Group Inc. and the parent company...

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Aug 6
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Managers of $16 Trillion Set Out Plan to Decarbonize Investments - BNN Bloomberg

Managers of $16 Trillion Set Out Plan to Decarbonize Investments - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.Wind turbines operate near the Neurath lignite fueled power station, operated by RWE AG, in Neurath, Germany, on Tuesday, March 3, 2020. Germany could close its last coal-fired power plant long before a 2038 deadline as the dirtiest fossil fuel gets squeezed out of the energy mix by clean electricity. Photographer: Alex...

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Aug 5
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Total takes US$7-billion hit on exposure to Canada's oil sands - BNN Bloomberg

Total takes US$7-billion hit on exposure to Canada's oil sands - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability of some oil and gas assets and the timing of peak demand.The bulk of the impairment — about US$7 billion — applies to Canadian oil sands, which are costlier and more carbon intensive than conventional fields. Total will not approve any capacity increase on projects of this type and will withdraw from...

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Jul 29
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Remote Outback Town to Host A$600 Million Solar Thermal Project - BNN Bloomberg

Remote Outback Town to Host A$600 Million Solar Thermal Project - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.Two test panels sit mounted above an array of solar panels at the Broken Hill Solar Plant, operated by AGL Energy Ltd. and constructed by First Solar Inc., in Broken Hill, Australia, on Wednesday, Dec. 9, 2015., Bloomberg(Bloomberg) -- An isolated Australian mining community has been selected as the site for a A$600 million ($420 million) energy project, incorporating technology that allows heat from the sun to be stored for as long as 16 hours.Mount Isa in...

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Jul 20
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Sudan Allows Alcohol Consumption After 30 Years of Islamic Law - BNN Bloomberg

Sudan Allows Alcohol Consumption After 30 Years of Islamic Law - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.Glasses of sparking wine. Photographer: Patrick T. Fallon/Bloomberg, Bloomberg(Bloomberg) -- Sudan has passed a law that allows Christians to drink alcohol after more than 30 years, Justice Minister Nasur Aldin Abdul Bari said on Saturday.©2020 Bloomberg L.P.

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Jul 11
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The World Is Drinking Less Coffee While Office Workers Stay Home - BNN Bloomberg

The World Is Drinking Less Coffee While Office Workers Stay Home - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.Coffee drinkers. Photographer: Yorgos Karahalis/Bloomberg, Bloomberg(Bloomberg) -- In a work-from-home world, hitting the local cafe for a daily caffeine fix has become a ritual of the now-forgotten past. And no matter how much kitchen brewing consumers take up, that just can’t seem to make up for the demand blow.Global coffee consumption is set to fall this year for the first time since 2011, the U.S. Department of Agriculture predicts. That’s even with a huge...

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Jul 11
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Google, Amazon funnel US$20M to virus conspiracy sites: Study - BNN Bloomberg

Google, Amazon funnel US$20M to virus conspiracy sites: Study - BNN Bloomberg

Continuous Play:The information you requested is not available at this time, please check back again soon.The stock symbol {{StockChart.Ric}} does not existDigital advertising platforms run by Google, Amazon.com Inc. and other tech companies will funnel at least US$25 million to websites spreading misinformation about COVID-19 this year, according to a study released Wednesday.Google’s platforms will provide US$19 million, or US$3 out of every US$4 that the misinformation sites get in ad revenue. OpenX, a smaller digital ad distributor, handles about 10 per cent of the money, while Amazon’s...

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Jul 8
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PBO pegs cost of basic income as calls for it grow due to COVID-19 - BNN Bloomberg

PBO pegs cost of basic income as calls for it grow due to COVID-19 - BNN Bloomberg

Continuous Play:The information you requested is not available at this time, please check back again soon.OTTAWA - Providing almost all Canadians with a basic income for six months beginning this fall could cost about $98 billion, the parliamentary budget officer said in a report on the eve of a preview of how COVID-19 will shape government spending until next spring.The figure is the upper range of the scenarios the budget watchdog was asked to research as part of a report released Tuesday morning as policy-makers consider how to shape emergency supports set to expire in the fall.Planned...

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Jul 7
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Iran Identifies Cause of Fire at Key Natanz Nuclear Facility - BNN Bloomberg

Iran Identifies Cause of Fire at Key Natanz Nuclear Facility - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.NATANZ, IRAN - MARCH 30: The Natanz uranium enrichment facility buildings stand March 30, 2005 some 200 miles (322 km) south of Tehran, in Natanz, Iran. The cities of Natanz and Isfahan in central Iran are home to the heart of Iran's nuclear program. The facility in Natanz enriches hexaflouride gas, which was made from uranium...

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Jul 3
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House Democrats Urge ‘Racial Justice’ on Climate, 88% Carbon Cut - BNN Bloomberg

House Democrats Urge ‘Racial Justice’ on Climate, 88% Carbon Cut - BNN Bloomberg

Emissions rise from the Duke Energy Corp. coal-fired Asheville Power Plant ahead of Hurricane Florence in Arden, North Carolina, U.S., on Thursday, Sept. 13, 2018. Hurricane Florence’s wrath hit the North Carolina coast, but the full effects of the storm, still centered 100 miles from shore, are yet to come., Bloomberg(Bloomberg) -- House Democrats unveiled a plan to combat and eventually reverse climate change that won plaudits from mainstream environmentalists but some disappointment from progressives who have tried to push the party to the left on the issue.The more than 500-page report...

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Jun 30
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Norway’s $2.6 Billion Green Bet Could Help the Whole Planet - BNN Bloomberg

Norway’s $2.6 Billion Green Bet Could Help the Whole Planet - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.BC-Norway’s-$26-Billion-Green-Bet-Could-Help-the-Whole-Planet, Bloomberg(Bloomberg) -- Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or happiness. The “resource curse” has blighted many countries: Venezuela and the Democratic Republic of Congo, for example, have suffered from years of graft, civil unrest and poverty.After discovering oil in the 1960s, Norway has managed to escape these troubles....

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Jun 30
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Cirque du Soleil creditors set to reject TPG Group's offer - BNN Bloomberg

Cirque du Soleil creditors set to reject TPG Group's offer - BNN Bloomberg

Continuous Play:The information you requested is not available at this time, please check back again soon.Creditors of Cirque du Soleil Entertainment Group are set to turn down a proposal led by TPG that would leave them with a 45-per-cent stake in the company in exchange for wiping out most of its debt.Montreal-based Cirque filed for protection from creditors in Canada on Monday after the coronavirus pandemic forced it to close shows around the world, triggering a fight for control of one of the best-known brands in live performance.The company said it entered into a so-called stalking...

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Jun 29
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Some Harry Potter Game Developers Rattled by J.K. Rowling Backlash - BNN Bloomberg

Some Harry Potter Game Developers Rattled by J.K. Rowling Backlash - BNN Bloomberg

Continuous Play:The information you requested is not available at this time, please check back again soon.Copies of Harry Potter books, Photographer: Justin Sullivan/Getty Images(Bloomberg) -- One of the most anticipated video games is one whose existence has yet to be acknowledged by its publisher, Warner Bros. Interactive Entertainment. It’s a big-budget Harry Potter game that will let players role-play as wizards and roam a vast, open-world re-creation of Hogwarts and its surrounding areas.The long-rumored project is very real, according to two people currently working on it. The game is...

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Jun 29
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Gilead says Remdesivir to cost US$2,340 for 5-day treatment - BNN Bloomberg

Gilead says Remdesivir to cost US$2,340 for 5-day treatment - BNN Bloomberg

Continuous Play:The information you requested is not available at this time, please check back again soon.A person enters a building at Gilead Sciences Inc. headquarters in Foster City, California, U.S., on Thursday, March 19, 2020. Gilead Sciences stock jumped as much as 7% on Thursday, reaching a two-year high, as a Piper Sandler analyst doubled down on his call on the approval prospects for the biotech company's experimental therapy for the pandemic now sweeping the U.S. Photographer: David Paul Morris/Bloomberg, BloombergThe stock symbol {{StockChart.Ric}} does not existGilead Sciences...

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Jun 29
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These Could Be The Last Big Gas Plants to Be Built in Britain - BNN Bloomberg

These Could Be The Last Big Gas Plants to Be Built in Britain - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.(Bloomberg) -- In the north of England about 450 engineers are toiling away to build a new large gas plant. It could be one of Britain’s last. SSE Plc’s 840-megawatt Keadby plant is the latest gas plant under construction in the U.K.  At the start of June a gas turbine weighing as much as an Airbus A-380 arrived on-site from Germany, keeping it on track to finish construction by 2022.The U.K. has at least 10 gigawatts of new large-scale gas plants at various...

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Jun 26
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Fear of Vial Shortage for Covid Vaccines Prompts Flurry of Deals - BNN Bloomberg

Fear of Vial Shortage for Covid Vaccines Prompts Flurry of Deals - BNN Bloomberg

{{ currentStream.Desc }}Continuous Play:The information you requested is not available at this time, please check back again soon.Liquid vaccine flows from a flu shot, manufactured by Sanofi Pasteur, at Perry Memorial Hospital in Princeton, Illinois, U.S. Photographer: Daniel Acker/Bloomberg, Bloomberg(Bloomberg) -- Fears that a shortage of glass vials could hinder efforts to quickly deploy a Covid-19 vaccine are prompting a flurry of deals to clinch the in-demand containers.The Coalition for Epidemic Preparedness Innovations, a global organization funding vaccine development, is the latest...

bnnbloomberg.ca
Jun 25
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There’s a Flood of Japanese Money Rushing Into Dollar Assets - BNN Bloomberg

There’s a Flood of Japanese Money Rushing Into Dollar Assets - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.A customer places a Japanese 1,000 yen banknote on a checkout counter while making a purchase at an Akidai YK supermarket in Tokyo, Japan, on Tuesday, Feb. 19, 2019. Economists trimmed their Japan growth forecasts for this year despite a better-than-expected fourth quarter annualized gross domestic product figure, according to...

bnnbloomberg.ca
Jun 18
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Gorsuch Paves Way for Attack on Affirmative Action - BNN Bloomberg

Gorsuch Paves Way for Attack on Affirmative Action - BNN Bloomberg

{{data.symbol | reutersRICLabelFormat:group.RICS}}{{data.netChng | number: 4 }}{{data.netChng | number: 2 }}{{data.price | number: 4 }}{{data.price | number: 2 }}Continuous Play:The information you requested is not available at this time, please check back again soon.WASHINGTON, DC - MARCH 22: Judge Neil Gorsuch testifies during the third day of his Supreme Court confirmation hearing before the Senate Judiciary Committee in the Hart Senate Office Building on Capitol Hill, March 22, 2017 in Washington. Gorsuch was nominated by President Donald Trump to fill the vacancy left on the court by...

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Jun 17
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Poland’s President Seeks Election Boost With Trump Meeting - BNN Bloomberg

Poland’s President Seeks Election Boost With Trump Meeting - BNN Bloomberg

Continuous Play:The information you requested is not available at this time, please check back again soon.WASHINGTON, DC - JUNE 12: U.S. President Donald Trump and the President of Poland, Andrzej Duda arrive to a news conference in the Rose Garden at the White House on June 12, 2019 in Washington, DC. Later this evening President Trump will host a Polish-American reception in honor of the visiting president. (Photo by Mark Wilson/Getty Images), Photographer: Mark Wilson/Getty Images North America(Bloomberg) -- Polish President Andrzej Duda is hoping to boost his re-election bid by meeting...

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Jun 17
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