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Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources

“Qualcomm is likely to meet Chinese regulators before U.S. Commerce Secretary Wilbur Ross arrives in China on Saturday, the sources briefed on Qualcomm’s discussions said” writes Midwest Communications Inc for 95kqds.com. “The degree to which the two sides are moving to resolve trade tensions clearly has an impact,” one source said.The company in April was forced to refile its China anti-trust application to clear the NXP deal, after talks reached a dead end.The deal has got a nod from eight of the nine required global regulators, with Chinese clearance the…

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Colombians vote for new president with peace deal, economy at stake

“Petro, a combative populist who was once a member of the now defunct M19 rebel group, supports the peace deal” writes Midwest Communications Inc for 95kqds.com. Leading candidate, right-wing Ivan Duque, has pledged to alter the terms of the peace deal and to jail former rebels for war crimes.In the first election since the peace deal was signed in 2016 with the Revolutionary Armed Forces of Colombia (FARC), voters will decide on a replacement for President Juan Manuel Santos, who won the Nobel Peace Prize for ending the five-decade-old conflict.BOGOTA…

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How does the world deal with Trump’s erratic and capricious ways?

“What does the world do about Donald Trump, the most erratic, egocentric and compromised US president ever to hold office?” writes Will Hutton for theguardian.com. But Macron and Merkel have the power of the EU behind them, itself now the world’s best and most powerful custodian of a rules-based international system.China may increase its purchases of US soya bean and oil – the reason why the trade war was suspended – but it’s hardly worth endangering the world trade system. Source: theguardian.com Share This:

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Colombia to join Nato as country prepares for elections which could spell end of peace deal

“Colombia will become the first country in Latin America to join Nato, the outgoing president announced on the eve of the first presidential elections since its bloody civil war came to an end” writes Harriet Alexander for telegraph.co.uk. Juan Manuel Santos, who signed a peace deal with the left-wing Farc guerrillas in 2016, ending the longest-running civil conflict in the western hemisphere and winning the Nobel Peace Prize for his efforts, made the announcement on Friday night. Mr Santos cannot run for a third term, and the current front-runner for…

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News Stocks 

An FBI sting and a Picasso scam: how the collapse of Beaufort could destroy trust in UK money managers

“Dr Heikki Lanckriet was just days away from sealing the takeover of an Australian drug research company when he hit a major stumbling block” writes Ben Marlow for telegraph.co.uk. London broker Beaufort Securities, which was holding his company’s stock, had gone bust and £800m of client assets had been frozen.The deal, which he had been working on for a year now, hung in the balance. “I was going to take my stock out to complete the transaction, and this whole fiasco nearly jeopardised it,” says Lanckriet, the boss of German biotech…

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Iran insists to resume enrichment if nuclear deal not saved

“He warned that Iran would restart its nuclear activities if they failed to act swiftly” reports tehrantimes.com. TEHRAN – A top official at the Atomic Energy Organization of Iran (AEOI) has reiterated Tehran’s position that Iran will resume nuclear enrichment activities with a greater speed if the remaining parties fail to save the 2015 nuclear agreement.The IAEA has reported 11 times that Iran has been committed to the nuclear deal.On Wednesday, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei issued a set of demands from Europe to save the…

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After talks with Europe, Tehran says ‘more confident’ to salvage nuclear accord

“He added that the negotiations will continue in coming weeks at different levels, and the Islamic republic will then decide whether to stay in the 2015 nuclear deal” reports tehrantimes.com. TEHRAN – Following a meeting in the Austrian capital of Vienna on Friday, a senior Iranian Foreign Ministry official expressed hope on Friday about saving the landmark nuclear deal after the U.S. exit.On Friday, Araqchi met his counterparts from Germany, Britain, France, Russia and China to discuss the future of nuclear deal, officially known as the Joint Comprehensive Plan of…

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United Airlines offers wealthy fliers at LAX access to a private terminal to avoid the crowds

“The deal with United Airlines will allow passengers to gain access to the terminal simply by purchasing a ticket with a premium fee” writes Hugo Martin for latimes.com. The deal is not yet available on the airline’s website, United.com and for now can only be booked through “select” travel agents and corporate booking desks that cater to well-to-do clients. Source: latimes.com Share This:

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News Oil 

Return to pre-deal oil output levels possible, says Russia’s Novak

“MOSCOW (Reuters) – A return to the oil production levels that were in place prior to the 2016 deal to cut output is one of the options for easing curbs, Russia’s energy minister said” writes Midwest Communications Inc for 95kqds.com. In October 2016, Russia’s oil output reached a 30-year high of 11.247 million bpd.Russia had pledged to cut oil production by 300,000 bpd to 10.947 mln. Novak also estimated that the “geopolitical risk” premium to the oil price was around $5-$7 per barrel.But in March and in April this year…

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Trump singles out Obama, Schumer in ripping Democrats’ opposition to ZTE deal

“They made only bad deals (Iran) and their so-called Trade Deals are the laughing stock of the world!”” reports washingtonexaminer.com. “Senator Schumer and Obama Administration let phone company ZTE flourish with no security checks.Responding to the New York Times’ initial report about Trump’s ZTE deal, Schumer complained that not enough was being done to stop abuses that have become an economic and national security threat to America.Lost almost $800 Billion/year under ‘O,’” he said in one tweet, referring to the trade deficit under his predecessor, Barack Obama. Source: washingtonexaminer.com Share This:

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