Monday, September 14, 2020

Broad market rally on Wall Street

The Dow Jones jumped more than three hundred points on Monday after
the announcement of several corporate deals.

Investors also reacted to renewed hope surrounding the development of
a coronavirus vaccine.

Sarah Walton reports from New York.

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US wildfires spark climate change debate

US President Donald Trump has visited California to assess some of the
wildfires raging along America's West Coast.

At least 35 people are now known to have died.

President Trump, a known climate change skeptic, blames the fires on
poor forest management - but governors there say his reluctance to
acknowledge the true cause of the fires is making efforts to fight the
effects of global warming worse.

President Trump's Democratic challenger Joe Biden has heavily
criticized the President's response.

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Democratic challenger Joe Biden has attacked President Trump's
handling of the situation.

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Senator Ron Wyden of Oregon has been speaking about the damage in his state.

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West Coast Fires: Climate Change Debate

The death toll from scores of fires raging  on the West Coast of the United States is at least 35.

Dry, unpredictable winds are complicating efforts to control the flames. 

Rachel Silverman has this report from San Francisco. 


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Bytedance, Oracle Agree to TikTok 'Partnership'

US technology firm Oracle has agreed to a partnership with Chinese company ByteDance to take over the US operations of TikTok, beating out a rival bid from Microsoft and Walmart.

The fate of the popular video sharing app has become a source of geopolitical tension between the US and China.

Ira Spitzer has more from San Francisco.

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WHO reports record one-day spike in Covid-19 cases

The World Health Organization on Sunday recorded the highest single-day increase in Covid-19 infections, as cases spiked in India, the United States, and Brazil. 


Here's UN Correspondent Liling Tan with the latest tally. 

 

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Amazon hiring 100,000 new US & Canadian employees

Amazon is taking on 100,000 new employees in North America.

The company says it's expanding after Covid-19 caused a boom in online shopping.

Sarah Walton reports.

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US officials: Iran plotting to assassinate US ambassador to South Africa

The US says Iran is plotting to assassinate the American ambassador to
South Africa.

Lana Marks has reportedly become a target due to her close personal
relationship with the US President Donald Trump.

Nick Harper reports from Washington.

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Suga wins landslide victory, set to be prime minister

Yoshihide Suga has been voted in as the new leader of Japan's ruling Liberal Democratic Party, essentially securing his position as the country's next prime minister. Grace Lee has more from Tokyo.


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'RULE OF SIX' COMES INTO FORCE IN ENGLAND

Social gatherings of more than six people are now illegal in England as the coronavirus "rule of six" comes into force.


People face fines of up to £3,200 if they do not abide by the new measure which aims to curb a rise in COVID-19 cases.


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Former UK Prime Minister joins other ex PMs in criticising Boris Johnson's new Brexit bill

David Cameron has become the fifth former UK Prime Minister to criticise a bill which would override the Brexit Withdrawal Agreement.


MPs will vote on The Internal Market Bill on Tuesday (21:00GMT). If it passes, it will give ministers the power to pass regulations, specifically on trade and state aid, even if they contradict the legal text previously agreed with the European Union.


Benji Hyer reports from London. 


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NVIDIA ACQUIRES UK ARM HOLDINGS

ARM Holdings, a UK computer chip manufacturer, is being bought by US firm Nvidia (pron: en-vidia), which specialises in graphics chips.

The 40 billion dollar deal comes only four years after it was bought by Softbank - a Japanese conglomerate - for 32 billion dollars.

Stuart Smith has more on the deal from London.

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Germany leading high-level virtual summit with China

Germany is leading European talks with China, aimed at easing political tensions. 

German Chancellor Angela Merkel will meet Chinese president Xi Jinping for the discussions, due to be held virtually. 

Talks will also focus on an EU-China investment agreement that was due to be signed off by the end of this year. 

Lucy Hough is our Correspondent in Brussels. 


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18 Bodies Recovered in DR Congo Collapsed Mine

SUGGESTED LEAD

Search and rescue workers in the Democratic Republic of Congo have recovered 18 bodies of miners who died in an accident in the eastern province of South Kivu on Friday.

At least 50 people were killed when the mine caved in after torrential rain.

Mining accidents are common in the DRC with deaths reported every year due to poor safety standards.

Chris Ocamringer reports.

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French cities of Marseille and Bordeaux set to announce new measures on Covid-19

Marseille and Bordeaux are set to announce new measures on Monday to combat the spread of the coronavirus.

Officials in the two cities were asked by the prime minister on Friday to provide plans to try to control the surge in numbers of positive cases.

Ross Cullen has more.
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UK MPs TO VOTE ON INTERNAL MARKET BILL

UK MPs will vote later on controversial legislation which could lead to a breach of international law.

The Internal Market Bill contains what the government calls an 'insurance policy' to avoid checks on goods moving between Great Britain and Northern Ireland - in the event of no trade deal being reached with the EU.

A number of Conservative MPs are due to vote against the bill, criticising the government for attempting to override parts of the Brexit Withdrawal Agreement agreed with the European Union.

Cabinet minister Kit Malthouse says the legislation is necessary.

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$3.5 BILLION TANZANIA UGANDA PIPELINE BACK ON TRACK

 All is set now for the kickoff of the Tanga-Hoima Pipeline, with Tanzania looking to March 2021 for the start of the construction of the $3.5 billion project. This follows a confirmed agreement between French oil company Total and the Ugandan government over differences that forced the project to stall since 2018.


Daniel Kijo reports.


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Lukashenko arrives in Russia for talks with Vladimir Putin

Belarusian President Alexander Lukashenko has landed in Russia ahead of talks with President Vladimir Putin. The leaders are expected to discuss greater political integration as Lukashenko faces a sixth week of protests against his rule. Julia Chapman has more.

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India records another surge in COVID19 cases

For five days in a row now, India's recorded more than 90,000 new COVID19 infections daily.

With more than 4.8 million total cases, it lags behind only the United States in overall infections but has been adding more cases than any other country daily for weeks now.

Neha Poonia has more.

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Japan’s ruling LDP party to elect president

Japan's main ruling Liberal Democratic Party is set to choose its new leader on Monday. The vote will also effectively elect the country's prime minister after Shinzo Abe, who is stepping down due to health issues. Grace Lee reports from Tokyo.


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Microsoft loses and Oracle wins bid for TikTok

Microsoft's bid to take over the US operations of TikTok has been rejected by TikTok's Beijing based parent company Byte Dance.


They instead have chosen to enter into a partnership with Oracle Corp, according to media reports.


Our Correspondent Jagruti Dave reports…


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