Apple Inc plans to sell C$2.5 billion ($1.96 billion) in bonds in a Canadian-dollar-denominated issue, which will be a record amount for an issuer in the Maple bond market, Thomson Reuters IFR reported on Tuesday.
The deal will be priced on Tuesday at a spread of 80 basis points over the curve, which compares with unofficial guidance in the area of 83 basis points over the curve plus or minus three basis points, IFR said.
Continue reading “Apple plans to sell $1.96 billion in bonds in Canada”
Staff of International Organisation for Migration, IOM, have in the past three days found more survivors, as well as the remains of more victims from last week’s tragic incidents.
On August 9 and 10, 280 migrants headed toward the Gulf countries were forced from two boats off the coast of Yemen’s Shabwa Governorate and drowned.
The UN migration agency said on August 9, when 120 people were forced from a boat, that the remains of 29 individuals (12 Ethiopian males, 12 Ethiopian females and five Somali males) were found by IOM staff on the same day.
“The number of people still missing has reduced from 22 to six, all of whom are Ethiopian males. Through contact or from other survivors’ r Continue reading “More survivors and remains of drowned African migrants found in yemen sea”
A few days after President Donald Trump suggested the United States could use force to resolve the Venezuelan political crisis, China has called for non-interference.
The present crisis in Venezuela should be resolved by its own government and people, Chinese Foreign Minister Wang Yi said on Tuesday.
According to Mr. Wang, China will not interfere in other countries’ domestic affairs.
Continue reading “China opposes Trump, says Venezuela can solve own problems”
Judges at the International Criminal Court, ICC, on Tuesday issued an arrest warrant for Mahmoud al-Werfalli, a Libyan National Army (LNA) Commander accused of allegedly executing dozens of prisoners.
Prosecutors at the world’s permanent war crimes court are seeking Mr. al-Werfalli’s hand-over to face charges of murder during the armed conflict in Libya.
According to the ICC, Mr. al-Werfalli “is alleged to have directly committed and to have ordered the commission of murder as a war crime” during seven incidents, involving 33 persons in June and July 2017 in and near Benghazi.
Continue reading “ICC issues warrant for Libyan army commander’s arrest”
A court on Tuesday barred 152 Iranian current and former BBC staff members and contributors from major financial transactions in Iran.
The order bans 152 individuals from any transaction that needs to be registered, including buying or selling property or any “movable or immovable assets” in Iran, restrictions the British broadcaster said on Tuesday were effectively an asset freeze.
All individuals on the list work, or have worked, for BBC Persian, part of the BBC World Service. A Reuters correspondent who was working for the BBC until 2015 was also on the list.
The order was issued in July by a prosecutor’s office based in Evin Prison in Tehran and ratified by Iran’s deputy prosecutor-general in August before being announced to all registration offices in the country.
The order gave no explanation for the move.
Continue reading “Iranian court freezes asset of 152 BBC staff”
A drug resistant fungus first found in Japan has found its way into hospitals in the United Kingdom, infecting 200 patients.
The fungus Candida auris, a family of yeast, can live both inside the body or on the skin.
The fungus, which has a potential of causing deadly complications, particularly in people with weakened immune systems was detected in 20 separate NHS Trusts and independent hospitals in the country.
Public Health England, PHE, says in some cases patients will have no Continue reading “Drug resistant fungus surfaces in UK hospitals”
North Korean leader Kim Jong Un will watch what “the foolish Yankees” do before making a decision on plans to fire four missiles toward the U.S. territory of Guam, state media in the reclusive nation reported.
The statement appears to edge North Korea away from the brink of conflict with the United States.
Kim was briefed on and examined the missile plan, and said he would watch Washington’s actions “a little more,” the official Korean Central News Agency (KCNA) reported, according to the South Korean news agency Yonhap.
Kim said he will make an “important” decision if Washington continues its “extremely dangerous reckless actions,” Yonhap reported.
The KCNA said Kim would watch the “foolish and stupid conduct of the Yankees.”
Continue reading “Guam missile launch plan: Kim Jong Un waiting for US ‘foolish conduct’ before firing”
Three days after white supremacists and counter protesters clashed in the streets of Charlottesville, Va, President Trump declared Monday that “racism is evil” and announced that the Justice Department will open a civil rights investigation into the deadly car attack that left one woman dead.
“Justice will be delivered,” he said after returning to the White House to meet with top federal law enforcement officials.
Specifically citing the KKK, neo-Nazis, and white supremacists, Trump said such groups are “repugnant to everything we hold dear as Americans.” He denounced those who carry out violent acts in the name of racism as “criminals and thugs.”
Trump’s remarks came after an avalanche of criticism for his initial response on Saturday, in which he blamed the Charlottesville violence on “many sides” – without directly condemning white supremacists rallying to protest the planned removal of a statue of Confederate Gen. Robert E. Lee that officials had declared an unlawful assembly.
Trump’s meeting with Attorney General Jeff Sessions and newly Continue reading “President Trump denounces racism after Charlottesville violence”
China’s Commerce Ministry on Monday issued an order banning imports of coal, iron-ore, lead-concentrates and ore, lead and sea-food from North Korea, effective from Tuesday, as Beijing moved to implement United Nations sanctions announced earlier this month.
The UN sanctions must be implemented 30 days after the resolution was approved in a vote on Aug. 6.
Tensions on the Korean peninsula eased slightly on Monday as South Korea’s president said resolving Pyongyang’s nuclear ambitions must be done peacefully and key U.S. officials played down the risk of an imminent war with North Korea.
Concern that North Korea is close to achieving its goal of putting the Continue reading “China to implement UN sanctions on North Korea”
Morocco has lodged its bid to host the 2026 soccer World Cup, the country’s football federation said in a statement on Friday.
The offer to host the expanded 48-team tournament would compete with a joint bid from the United States, Mexico and Canada.
Continue reading “Morocco bids to host 2026 World Cup”