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University of California sues top retailers over LED bulbs

Bloomberg The University of California is looking to halt imports of vintage-style LED light bulbs that are sold at five of the nation’s biggest retailers, including Walmart Inc, Target Corp and Amazon.com Inc. The University of California Santa Barbara says the retailers should be paying it royalties from sales of the bulbs. Bed Bath & Beyond Inc and Ikea of ...

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China is paying US tens of billions of dollars: Trump

Bloomberg US President Donald Trump said “things are going along very well with China,” and repeated his contention that Beijing is paying the US “Tens of Billions of Dollars” after successive rounds of import tariffs. This was “made possible by Chinese government’s monetary devaluations and their pumping in massive amounts of cash to keep their system going,” Trump said in ...

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UAE to implement common electronic customs system

ABU DHABI / WAM In collaboration with the local customs administrations, the Federal Customs Authority initiated the executive procedures to unify customs system across the UAE. The move is meant to authorise common customs electro-nic system within all local customs administrations as well as border zones in order to contribute to cementing the security scheme, facilitate trade, simplify clearing procedures, ...

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