2018.09.11

News Headlines - 11 September 2018

As Sweden swings right, Bannon's anti-EU crusade looks north | Reuters

Having found an ally in the south and an admirer in the east, Donald Trump’s former political strategist Steve Bannon is now looking north for recruits in his crusade to undermine the European Union.
And he believes the timing is perfect after famously liberal Sweden voted in record numbers on Sunday for a far-right party that wants a referendum on leaving the 28-nation bloc.

Vladimir Putin, Xi Jinping make pancakes together

Russian strongman Vladimir Putin and China’s Xi Jinping buttered each other up Tuesday — tossing pancakes on the sidelines of an economic forum.
Donning blue aprons, the two leaders were photographed pouring batter, flipping Russian pancakes — called blini — and consuming them with caviar and a shot of vodka in the far eastern Russian city of Vladivostok.

Renesas to Buy Chip Maker Integrated Device Technology for $6.7 Billion - WSJ

Renesas Electronics Corp. said it would buy California-based Integrated Device Technology Inc. for $6.7 billion, a move by the Japanese chip maker to add to its portfolio of devices for smartcars.
If the deal is approved by shareholders and antitrust authorities, Renesas would pay $49 a share, a 30% premium over IDT's stock price as of Aug. 30, when the Japanese company initially said it was considering the acquisition.

Pioneer to receive loans from Hong Kong fund amid business turnaround | The Japan Times

Pioneer Corp. plans to receive tens of billions of yen in loans from the Hong Kong-based investment fund Baring Private Equity Asia as it seeks to turn around its business, a source close to the matter said Tuesday.
The electronics manufacturer is seeking the assistance as it faces a deadline of the end of this month to pay back debts of \13.3 billion.

Florence likely 'the storm of a lifetime' for Carolinas: National Weather Service - ABC News

Hurricane Florence, a powerful Category 4 storm moving closer to North and South Carolina, will bring wind and waves that may be "nothing like you’ve ever seen," North Carolina Gov. Ray Cooper said Tuesday.


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