Bloomberg Britain needs to secure a binding agreement on a lengthy transitional period with its European partners by the end of the year or risk seeing businesses start moving abroad, according to City of London policy chairman Catherine McGuinness. Businesses need “urgent clarity from the UK and the EU27 on time-limited, legally-binding transition arrangements and the principles underpinning them,” McGuinness ...

Bloomberg Nestle SA is moving to bolster the sustainability credentials of its bottled water business amid criticism that packaging the precious resource and transporting it across the world causes unnecessary environmental damage. The maker of Perrier and Pure Life is strengthening its ties with Alliance for Water Stewardship, which will monitor whether 20 sites meet its standards on water use ...

Bloomberg Twitter Inc. is bringing greater transparency to advertising on its social network, addressing a significant concern of Congressional investigators probing foreign meddling during the 2016 US presidential elections. Twitter is creating a new “transparency centre” that will dedicate a section to political ads that will show how much each campaign spent on advertising, the identity of the organisation funding ...

Bloomberg Uber could face a major legislative clampdown in Brazil, potentially rendering its current business model unworkable in its second-largest market after the US. Brazil’s Senate on Tuesday voted 46 in favour versus 7 against to fast-track a bill that would regulate Uber and other on-demand transport apps such as Cabify, 99 and Lady Driver as taxi services rather than ...

Bloomberg If you happen to buy a cup of coffee in California and it comes with a cancer warning, don’t panic—it’s just the law. No scientific study says consuming java in moderation is bad for your health—and some even show it’s good for you. But winning a reprieve from the state’s toxics disclosure requirement isn’t easy. Coffee merchants have been ...

WASHINGTON / NEW YORK / Reuters The Trump administration will temporarily delay processing of most refugees from 11 countries identified as high-risk, while resuming refugee admissions for other countries, government officials said. Most of the affected countries are in the Middle East and Africa, according to documents seen by Reuters. The administration also will place on hold a program that ...

Bloomberg India’s ruling Bharatiya Janata Party faces another challenge to retain power in Prime Minister Narendra Modi’s home state of Gujarat in polls later this year in what would be a referendum on its policies including demonetization and the national sales tax. The BJP is throwing all its resources into Gujarat to ensure the party performs well after ruling the ...

UNITED NATIONS / Reuters Russia cast a veto at the United Nations Security Council preventing the renewal of the mandate for a mission that investigates the use of chemical weapons in Syria. The investigation by the United Nations and the Organization for the Prohibition of Chemical Weapons (OPCW) – known as the Joint Investigative Mechanism (JIM) – was unanimously created ...

BAGHDAD / CAIRO / Reuters Kurdish authorities in Iraq offered on Wednesday to put an independence drive on hold, stepping up efforts to resolve a crisis in relations with Baghdad via dialogue rather than military means. But a Iraqi military spokesman suggested an offensive — launched to wrest back territory after Kurds voted overwhelmingly for independence in a disputed referendum ...

Bloomberg Kenyan President Uhuru Kenyatta is certain to win re-election in Thursday’s vote rerun after his main rival, Raila Odinga, withdrew from the race, but his victory could prove to be a hollow one. “It would be a Pyrrhic victory for Kenyatta, especially if opposition strongholds boycott as they have promised,” said Nanjala Nyabola, a Nairobi-based independent political analyst. “It ...