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China accuses Walmart of ‘stupidity’ over missing Xinjiang goods

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  Bloomberg China issued a stern warning to Walmart Inc. following allegations that the company’s warehouse stores in the country stopped selling items from Xinjiang, ramping up pressure on the retail giant amid rising tensions with the US over the western province. The Central Commission for Discipline Inspection, the Chinese Communist Party’s anti-graft watchdog, rejected suggestions that inventory management was ...

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Denmark wants to drop fossil fuels in domestic flights in 2030

Bloomberg Denmark’s government wants to drop fossil fuels in domestic air travel by 2030 in its most recent push to meet its climate targets. The Nordic country, which recently proposed to boost investments in the green hydrogen industry, wants the first domestic flights to use green fuel no later than in 2025, Prime Minister Mette Frederiksen said in her annual ...

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Cathay cargo halt to hit Hong Kong prices

  Bloomberg Hong Kong consumers will face higher prices for fresh produce, daily necessities and electrical goods over the coming weeks as a result of Cathay Pacific Airways Ltd.’s long-haul cargo flight halt, the South China Morning Post reported on Saturday. Consumers will experience food and product shortages in the next two to three weeks, especially seafood and vegetables, the ...

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