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China drone attack on ‘pest’ shows 98% kill rate

Bloomberg An army of drones deployed to fight a crop-devouring pest in a southern area of China has recorded a mortality rate of as high as 98 percent, according to the manufacturer. XAG, a Guangzhou-based drone maker, teamed up with Germany’s Bayer Crop Science in a drone swarm operation to kill the fall armyworm in China’s Guangxi region. The autonomous ...

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Factories from Europe to Asia reel under US-China trade war

Bloomberg Manufacturing across vast parts of Europe and Asia remain deeply mired in a crisis that took another turn for the worse over the weekend. One day after the US and China enacted new tariffs on each other’s imports, factories from Germany and Italy to Japan, South Korea and Taiwan sent a gloomy reminder that they are suffering badly from ...

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China Merchants in talks to invest in French company’s port unit

Bloomberg China Merchants Group is in talks to invest in port assets owned by French shipping company CMA CGM as the state-owned firm seeks to diversify geographically and boost capacity, people familiar with the matter said. China Merchants is considering spending at least several hundred million US dollars on the potential transaction, according to the people, who asked not to ...

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