Bloomberg A safety overhaul of China’s notorious baby-formula industry removed about 1,400 products from store shelves this week, clearing the way for international brands such as Nestle SA and Danone to grab greater shares of a $20 billion market. The regulations, effective from January 1, require factories making formula to register those products with China’s Food and Drug Administration (FDA) ...

DUBAI / WAM The Hatta solar project has enabled building owners to install solar panels on their rooftops to generate electricity from solar power as part of the Shams Dubai initiative. Implemented by Etihad ESCO, it is the largest residential rooftop solar PV project in the region. The Hatta solar project consists of 640 solar powered villas, supporting the Hatta ...

Bloomberg Alphabet Inc.’s Google moved 15.9 billion euros ($19.2 billion) to a Bermuda shell company in 2016, regulatory filings in the Netherlands show — saving the company billions of dollars in taxes that year. Google uses two structures, known as a “Double Irish” and a “Dutch Sandwich,” to shield the majority of its international profits from taxation. The setup involves ...