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From Adobe to AI, China’s 40-year transformation

Bloomberg Forty years ago, 18 villagers of Xiaogang in Anhui Province banded together to disobey the orders of China’s government, risking their lives by deciding to farm individually instead of collectively. Now, they’re celebrated as the pioneers of Reform and Opening Up — the process of turning China into a market-based economy that celebrates its 40th anniversary this week. As ...

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Rules guiding pollution cuts adopted at UN talks in Poland

Bloomberg Envoys at a United Nations conference adopted a set of steps on fighting climate change meant to guide efforts to rein in greenhouse gas pollution worldwide. The diplomats drawn from energy and environment ministries in almost 200 countries backed rules to implement the three-year-old Paris Agreement, which called for drastic reductions in the use of fossil fuels by the ...

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Apple nears 7-month low as more analysts cut iPhone estimates

Bloomberg Apple Inc fell with shares on course to close at their lowest level since April, as more analysts joined the chorus of bears and skeptics warning about the prospects for iPhone sales. The stock dropped as much as 2.9 percent, and shares are on track for their 10th negative week of the past 11. At current levels, Apple is ...

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