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Uber ready to make concessions to reverse London license decision

More than 600 000 people sign petition.

Trump tweets threats against N.Korea after UN speech

Foreign minister Ri Yong Ho says targeting the US with rockets ‘inevitable’.

Germans warned against apathy as Merkel heads for fourth term

Fractured parliament could make coalition building harder.

Five things you need to know on Friday

North Korea ups the rhetoric, it’s PMI day, and a big weekend for Europe beckons. 

Uber stripped of its licence to operate in London

Uber’s approach and conduct demonstrate a lack of corporate responsibility, Transport for London says.

Novartis’s $475 000 price tag on cancer drug meets resistance

Miller says healthcare system isn’t ready to pay for it.

Five things you need to know on Thursday

The Fed goes hawkish, the Bank of Japan remains dovish, and Hurricane Maria batters Puerto Rico. 

Social media giant Tencent gets into old-school finance

Tech firm invests about $372 million for 5% slice in CICC.

Apple falls as analyst report indicates weak iPhone 8 demand

Rosenblatt’s Zhang says demand for the phone will be lower than for the 6 and 7 models.

S&P hands China expected rating cut on debt growth concerns

Ratings agency says credit growth has diminished financial stability to some extent.

Fed keeps US rates steady

But signalled it still expects one more increase by the end of the year.

Five things you need to know on Wednesday

It’s Fed day, no deal on bipartisan Obamacare fix, and pound rallies on strong retail sales. 

World’s biggest wealth fund hits $1 trillion as dollar sinks

Fund has ballooned in size since first cash injection in 1996.

Five things you need to know on Tuesday

Trump to address United Nations, Toys ‘R’ Us seeks bankruptcy, and the Fed meeting begins. 



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