Bloomberg China’s new regulations on cash transactions and overseas transfers are not capital controls, according to a central bank researcher cited by the official Xinhua News Agency. New requirements published by the People’s Bank of China on Friday stoked concern that the government is imposing capital controls in a disguised form, Xinhua reported. “It is not capital control at …

  Mexico City / DPA Many people think of archaeologists as people who excavate dry earth at scorched sites, or dust off relics with small paintbrushes under piercing sunlight, perhaps donning hats in the style of Indiana Jones. This is not the case with Pilar Luna’s team. Their gear consists of air tanks, wetsuits, diving fins and dive tables for …

  Frankfurt / DPA There was a time when postal services were about gathering heavy sacks full of letters, painstakingly sorting the mail manually and delivering letters on heavy-duty bicycles. Not any more – with everything from drones and self-driving cars coming up, postal services are rushing into a robotic future. In some nations, today’s sorting offices are dominated by …