Bloomberg In the runup to the resumption of US sanctions against Iran, the country’s beleaguered president, Hassan Rouhani, got stern directives from a few corners of the Islamic Republic. Iran’s Supreme Leader, Ali Khamenei, urged him to deal with corruption. The powerful Revolutionary Guards commander told him to focus on Iran’s slumping currency, the rial, while a sizable chunk of ...

Bloomberg Chile is fast ditching its reputation as South America’s most conservative and Catholic country, with lawmakers now discussing whether to make it the second nation in the region to legalise euthanasia. Less than a year after allowing abortion in some cases, a commission of the Chamber of Deputies approved a bill that would permit euthanasia for the terminally ill ...

Bloomberg The main partner of Ivory Coast President Alassane Ouattara ruling coalition said it is withdrawing from the group, marking the culmination of growing tensions between political blocs as the country prepares to hold presidential elections in 2020. Former President Henri Konan Bedie’s Democratic Party of the Ivory Coast is opting out of Ouattara’s Rally of Houphouetists for Democracy and ...

Bloomberg The autonomous-vehicle gap between Ford Motor Co. and its rivals from Detroit and Silicon Valley can be measured in years. Yet even a company playing catch-up in the race to turn self-driving technology into high-margin businesses is drawing interest from outside investors, an indicator of just how much money is pouring in. “I’m really excited about what I’m hearing ...

DUBAI / Emirates Business Don’t miss your chance to be among the first in the UAE to own the super powerful Galaxy Note9, that is available for pre-order until August 24 from major retailers, operators and Samsung brand stores, as well as online on Shop.Samsung.com/ae. Customers who pre-order the device will be the first to experience the powerful S-Pen, the ...

Bloomberg New York’s city council dealt a political blow to Uber Technologies Inc. and other app-based car-for-hire companies by approving a one-year industry wide cap on new licenses and giving the city Taxi & Limousine Commission authority to set minimum pay standards for drivers. The passage of sweeping industry regulations signalled politicians’ changed attitudes towards the so-called gig economy and ...

Bloomberg Few corners of the tech industry are as tantalising or complex as quantum computing. For years evangelists have promised machines capable of breaking the most impenetrable coded messages, unlocking the secret properties of the physical world and putting supercomputers to shame. But Rigetti Computing, one of the most prominent and well-funded startups in the field, would just like to ...

Bloomberg Fears about global oil supplies have receded after producers pumped more, according to the International Energy Agency (IEA), which a month ago warned of a potential shortage. “Concerns about the stability of oil supply have cooled down somewhat, at least for now,” the agency, which advises most of the world’s major economies, said in a monthly report. “We have ...

Bloomberg After partnering for nearly three decades at Australia’s oldest liquefied natural gas export plant, Woodside Petroleum Ltd. and Chevron Corp. are competing to shape the next phase of the country’s gas development. Both are vying to build a pipeline from hundreds of kilometers offshore that will allow them to develop their own fields, as well as let third parties ...

Suppose a Chinese electric carmaker wants to win market share by selling cars with the best cutting-edge battery technology. How does it get that technology? It can hire some engineers, build a lab and try to develop it inhouse. It can partner with a university research lab to create it. Or alternatively, it can buy an American company that already ...