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Al Ain Zoo contributes to global wildlife conservation efforts

Al Ain / WAM In line with its ongoing commitment to contribute to global wildlife conservation efforts, Al Ain Zoo has announced that it exchanged knowledge and expertise with Lewa Wildlife Conservancy, located in the Republic of Kenya. The visit came as part of Al Ain Zoo’s efforts to conserve number of endangered species and to become part of international ...

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Japan’s inflation goes negative again in Aug

Bloomberg Japan’s key inflation gauge went negative again last month, underscoring the challenge the Bank of Japan and new Prime Minister Yoshihide Suga face in trying to restore price momentum amid the pandemic. Consumer prices excluding fresh food fell 0.4% in August from a year earlier, going negative again after two months of staying unchanged, the ministry of internal affairs ...

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Hong Kong urged to boost stimulus on fiscal war chest

Bloomberg Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. While Chief Executive Carrie Lam’s latest spending plan will draw from the city’s fiscal reserve of HK$976.6 billion ($126 billion) in July, that cash pile is still seen by economists as large enough to ...

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Chinese HR company gets $5.3b takeover approach

Bloomberg 51job Inc received a takeover approach from DCP Capital Partners that values the Chinese human-resources company at $5.3 billion. DCP, an Asian private-equity firm, made a non-binding cash offer of $79.05 per common share in a letter to the company, 51job said. 51job said it hasn’t yet had a chance to carefully review and evaluate the offer. Founded in ...

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Indonesia’s palm oil exports rise

Bloomberg Indonesia’s palm oil exports increased in July on higher shipments to China and the Middle East, according to the Indonesian Palm Oil Association. Total exports rose to 3.13 million tons from 2.77 million tons a month earlier, the association, known as Gapki, said in a statement on Sunday. While shipments to China increased 43% month-on-month, those to the Middle ...

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Apple to begin online sales in India in Sept

Bloomberg Apple Inc will this month begin direct sales online in India, more than 20 years after the world’s most valuable tech company first began operating in the South Asian country that’s one of world’s fastest-growing smartphone markets. Cupertino, California-based Apple said it will launch its online store in India on September 23, confirming a Bloomberg News report last month. ...

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Foodpanda launching in Japan

Bloomberg Delivery Hero SE’s Foodpanda is launching operations in Japan, expanding its Asian footprint to the world’s No. 3 economy. The company will roll out its meal delivery services in six Japanese cities in a first phase, including Kobe, Yokohama and Nagoya, Jakob Angele, Foodpanda’s Asia Pacific chief executive officer, told Bloomberg TV’s Rishaad Salamat and Juliette Saly. The firm ...

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Malaysia cuts medical tourism goal on border control

Bloomberg Malaysia’s aim to attract medical tourists by focussing on curbing the coronavirus outbreak hit a roadblock as resurgences around the world limited its ability to reopen borders. Hospitals in the country can expect to earn 800 million ringgit ($194 million) of revenue from medical tourists next year, compared with 500 million ringgit this year, according to the Malaysia Healthcare ...

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Trump wants $5 billion from TikTok deal for history project

Bloomberg President Donald Trump said he wants $5 billion from companies creating a new US-based TikTok venture directed towards teaching American children “the real history of our country.” Trump said that he had approved a transaction between Oracle Corp., Walmart Inc. and ByteDance Ltd. to create a new company called TikTok Global to run the US video-sharing app. As part ...

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UK to fine $13,000 for breaking isolation rules

Bloomberg The UK will issue fines of as much as 10,000 pounds ($13,000) for people who break self-isolation rules, marking the latest bid to curb the recent jump in coronavirus cases across the country. Penalties will start at 1,000 pounds for breaking the restrictions starting from September 28, the prime minister’s office said in a statement. Charges will increase for ...

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