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Bloomberg China is investigating FedEx Corp on suspicion of illegally handling a package to Hong Kong containing knives that are controlled by law, the state-run Xinhua News Agency reported. The knives have been confiscated by authorities, Xinhua said, without providing more details. The case follows the discovery of a gun in a package delivered by FedEx to a company in ...

Bloomberg Google and its industry allies are making a late bid to water down the first major data-privacy law in the US, seeking to carve out exemptions for digital advertising, according to documents obtained by Bloomberg and people familiar with the negotiations. A lobbyist for Google recently distributed new language to members of California’s state legislature that would amend the ...

Bloomberg The UK may be on course for its first recession since the financial crisis after Brexit uncertainty pushed down the nation’s dominant services industries more than expected. Growth in the sector almost stalled last month, IHS Markit said as it published its Purchasing Managers Index on Wednesday. With similar surveys indicating the nation’s manufacturing and construction industries are in ...

Bloomberg Angela Merkel’s government aims to phase out herbicides containing glyphosate by the end of 2023, a move that could generate further headwinds for German drug and chemical giant Bayer AG. As part of the proposal approved by her cabinet on Wednesday, the government intends to oppose any request for the EU to renew the license to produce the weedkiller, ...

Bloomberg Hong Kong’s embattled leader, Carrie Lam, formally withdrew legislation to allow extraditions to China, a political retreat that may help ease — but not end — months of unrest in the Asian financial hub. Lam announced the move in a televised address on Wednesday, after a meeting with pro-establishment politicians including local legislators and the city’s representatives to national ...

ABU DHABI / WAM A group of 100 fledgling firms from across the globe will showcase their innovative products and services aimed at battling the causes of climate change. Hi-tech mobile solar containers that can provide energy in remote parts of Africa, an alternative to firewood made of sugarcane waste and a driverless electric haulage vehicle – are among the ...

Abu Dhabi / WAM The UAE has initiated a project in Liberia to help rural women achieve sustainable income, food security and nutrition opportunities, as part of the UAE’s ongoing humanitarian works to empower women across the world. For this purpose, the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the Food and Agriculture Organisation of the United Nations, FAO, and ...

Dubai / Emirates Business His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of RTA on Tuesday officially opened the 2019 edition of Materials Handling Middle East. The event, which runs until September 5 at the Dubai World Trade Centre (DWTC), is co-located with SPS Automation Middle East, opening to a crowd of logistics, ...

DUBAI / WAM An Emirati mechatronics and aviation engineer has invented a smart device which uses artificial intelligence technology to track passengers with the aim of improving children’s safety on school buses. Fahim Almas, Founder and CEO of the Almas Robotics, a Dubai-based technology and engineering company, launched ‘Safe Bus’, a device that can be connected to multiple sensors installed ...

Bloomberg China softened its tone towards Hong Kong’s protesters, saying peaceful demonstrations were allowed under the law, even as it ruled out a fundamental demand for direct democracy that has fuelled the unrest. In a wide-ranging briefing in Beijing, Chinese officials overseeing Hong Kong sought to make a clear distinction between violent protesters who have thrown petrol bombs in running ...