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South Africa mulls sale of state assets to fund airline

Bloomberg South Africa is evaluating assets it could sell to pay for this month’s 2.2 billion rand ($169.5 million) bailout of unprofitable carrier South African Airways, Finance Minister Malusi Gigaba said in letter to parliament. The government’s decision to settle a debt owed by the airline to Standard Chartered Plc mustn’t affect the balance of this year’s budget, Gigaba said ...

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UK makes registration of drones mandatory

Bloomberg Drones will have to be registered and their users required to pass safety tests under new rules to be announced by the UK’s Department for Transport. Registration will be mandated for owners of drones 250 grams (8.8 ounces) or larger after research found that drones as small as 400 grams (14 ounces) could damage the windscreens of helicopters. Other ...

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LG robotic vacuum cleaner grabs intelligence award

Emirates Business LG Electronics revolutionized the vacuum cleaner industry 16 years ago with the commercialization of one of the world’s first robotic vacuum cleaners. LG engineers took advantage of the head start and years of home appliance robotics experience to develop this year’s HOM-BOT Turbo+, which was just recognized by Seoul National University (SNU) Robotics & Intelligent Systems Lab, the ...

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