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Hong Kong to speed arrivals with new electronic health rule

  Bloomberg Hong Kong will require travellers to the city to fill out an electronic health declaration form before boarding a flight, no longer allowing them to do the paperwork after landing, in an effort to make the process more efficient. The new system will begin from July 28 on a trial basis, the government said in a statement. In ...

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China’s Shein private bids imply $30b valuation drop: sources

  Bloomberg Investors looking to sell stakes in Shein are evaluating bids at discounts of about 30% to its $100 billion valuation in April, according to people familiar with the matter, amid concern about the Chinese fast-fashion giant’s slowing growth. While some current shareholders in the private company are considering cashing out ahead of a future initial public offering, the ...

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Aldi’s British staff get another pay rise

  Bloomberg Aldi is giving its UK staff a pay rise for the second time this year as the German discount supermarket attracts more shoppers seeking to cope with the higher cost of living. Starting in September, Aldi will pay store workers at least £10.50 ($12.59) an hour and £11.95 in London, the highest pay among supermarkets in Britain, according ...

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