Bloomberg Evergrande Real Estate Group Ltd., controlled by billionaire Chairman Hui Ka Yan, paid 9.1 billion yuan ($1.4 billion) for a 4.68 percent stake in China Vanke Co., the competitor embroiled in an ownership tussle with a key shareholder. The Guangzhou-based developer bought Vanke’s Shenzhen-traded shares through a unit, it said in a filing to Hong Kong’s stock exchange ...

  Bloomberg New York’s condo slowdown is upending the market for one of the most coveted assets in tightly packed Manhattan: land. Sales of parcels for development are plummeting as builders, seeing signs that a once-hot property market is cooling, offer prices that sellers won’t agree to. Just 48 land deals were completed in the first half of 2016, compared ...

  SEATTLE / AP Seattle-based Amazon is unveiling its first branded cargo plane, one of 40 jetliners that will make up the e-commerce giant’s own air transportation network as it takes more control of its delivery process. The latest push to speed delivery of its products comes as the company ships an increasing number of packages worldwide. Amazon’s parcel volume ...

  Relaxnews According to the Consumer Technology Association’s ‘The Role of Consumer Tech in Back-to-School Shopping’ study, devices from portable hard disks to laptops are moving further up the average family’s shopping list. In all, 59% of parents hitting physical or online stores to equip their children for the first term of the new school year are looking for technology ...

  Bloomberg Forget 3D, soon you could be able to reach out and grab the things you see on the screen. Researchers from the US state of Massachusetts’ MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) say that they’ve developed a way of being able to “touch” objects that appear on the screen. Called Interactive Dynamic Video (IDV), what makes ...

  Bloomberg Olga Mos was living with her extended family until last year when the 93-year-old found bathing, dressing and cooking too tough to handle solo. Her daughter-in-law Rhoda Wilkinson Domingo looked at assisted living homes. She didn’t like what she saw. “It was just sad,” Domingo said. “Everyone was clean and taken care of, but they looked very dull ...

  Pantai Cahaya Bulan / AFP Shafie Jusoh loves traditional Malaysian kites so much that he can’t get a good night’s rest unless he’s been working on them daily. “I need to make kites everyday, if not I can’t sleep,” the 69-year-old said. He began making them when he was a young boy, skipping classes to entertain his flights of ...

  Bremen / DPA At the age of 78, Roswitha Wahl can do the splits, swing herself onto the parallel bars with ease and do a handstand. Indeed, in the German senior gymnastics championships, the trained nurse regularly comes top in her age group and has “a whole sack of medals.” She started doing gymnastics as a small child and ...

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, commended the infrastructure projects being implemented by RTA Dubai as part of its 2030 strategy, in line with the Dubai Strategic Comprehensive Plan 2021, to achieve sustainable development. While visiting the RTA’s head-office in Umm Al Ramol ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to President of Bolivia Evo Morales on Independence Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...