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Nestle seeks sustainable label for more water-bottling sites

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 ...

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Twitter promises more transparency to political ads

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 ...

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Uber faces regulatory threat in Brazil

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 ...

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