Bhinneka News Online: Monday Morning Briefing

Monday, 25 February 2019

Monday Morning Briefing

Highlights

Trump won't rush North Korea on denuclearization. President Donald Trump and North Korea’s Kim Jong Un hold a second summit this week with no real expectation of a final deal on ridding the North of nuclear weapons.

Trump delays tariff hike on Chinese goods. President Donald Trump said he would delay an increase in U.S. tariffs on Chinese goods thanks to “productive” trade talks.

'Green Book' denies Netflix top Oscar. Road trip movie “Green Book” triumphed over “Roma” to win best the best picture Oscar, denying Netflix bragging rights as the first streaming service to beat Hollywood at its own game.

Senator Warren swears off expensive campaign fundraisers. Senator Elizabeth Warren will hold no political fundraising events with pricey admission fees to collect cash to fuel her bid for the Democratic nomination for president, becoming the first candidate to formally swear-off the traditional means of campaign funding.

World

Maduro faces 'diplomatic siege.' Venezuelan President Nicolas Maduro faces growing regional pressure after his troops repelled foreign aid convoys, with the United States threatening new sanctions and Brazil urging allies to join a “liberation effort.”

British PM renews efforts for deal change. Prime Minister Theresa May faces a growing threat that she will be forced to delay Brexit, a move that risks a showdown with euroskeptics in her Conservative Party just weeks before Britain is due to leave the European Union.

Macron's popularity gains. French President Emmanuel Macron’s popularity has recovered to levels not seen since “yellow vest” protests broke out in mid-November as support for movement wanes, a poll showed.

Reuters Top News

@Reuters

Two @Reuters journalists have been imprisoned in Myanmar for 441 days. See full coverage: https://reut.rs/2Qc7QFT

2:10 AM - 25 Feb 2019

Business

GE sells biopharma drug business to Danaher for $21.4 billion

General Electric is selling its biopharma business to Danaher for $21.4 billion, the company's biggest asset sale since it announced plans to break up the conglomerate last June.

4 Min Read

Barrick Gold unveils $18 billion all-stock bid for Newmont Mining

Canada’s Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp in a nearly $18 billion all-stock deal that would create a global gold mining giant.

5 min read

Court ruling could help J&J defeat St. Louis talc lawsuits

A Missouri Supreme Court ruling on talc lawsuits could reduce the liability and number of large trials Johnson & Johnson faces over allegations its talc products, including baby powder, cause cancer.

2 min read