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September 21, 2020 Retail
Bloomberg After seven months as Woolworths Holdings Ltd Chief Executive Officer, Roy Bagattini can finally make plans to visit the whole organisation. The former Levi Strauss & Co Americas boss returned to South Africa to take over the Cape Town-based retailer in mid-February and only had about a month in the office before the country entered a strict lockdown to ...
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September 21, 2020 Retail
Bloomberg Walmart Inc said it’s targeting zero emissions from its global operations by 2040, a small fraction of its total, in the latest climate-focussed step amid heightened calls from investors and activists to reduce carbon footprints. The world’s biggest retailer also plans to secure enough wind, solar and other renewable energy sources to power its facilities with 100% green power ...
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September 21, 2020 Politics, Uncategorized
Bloomberg China is ratcheting up the risk of military confrontation in the Taiwan Strait, as Beijing seeks to deter Taipei from continuing to deepen ties with the US and other like-minded democracies. People’s Liberation Army (PLA) aircraft repeatedly breached the median line between Taiwan and the Chinese mainland last week, in the latest of a series of military exercises in ...
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September 21, 2020 Politics
Bloomberg The Philippines’ top diplomat said the country would not follow China’s stance of keeping Western powers — including the US — out of the disputed South China Sea. The South China Sea Code of Conduct that Southeast Asian nations are crafting with Beijing won’t lead to western countries’ exclusion from the waters, Philippine Foreign Secretary Teodoro Locsin said on ...
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September 21, 2020 Politics
Bloomberg Mali’s transition committee appointed retired army Colonel Bah N’Daw as the nation’s interim leader, a month after seizing power in a military coup. Junta leader Assimi Goita will assume the role of vice president, the National Committee for the Salvation of the People said in a statement on its Facebook page on Monday. N’Daw, a former defense minister, will ...
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September 21, 2020 Politics
Bloomberg Donald Trump’s plans to name a replacement for Supreme Court Justice Ruth Bader Ginsburg this week offer Joe Biden the chance to galvanise newly energized Democrats, while providing the president a fresh battle in a culture war he’s waged for four years. Early reaction to Ginsburg’s death suggests Biden stands to gain more politically from the sudden vacancy, as ...
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September 21, 2020 Politics
Bloomberg Thai authorities removed a plaque proclaiming Thailand “belongs to the people, not the monarchy†a day after protesters installed it during a rally that drew tens of thousands of people seeking greater democracy. The Fine Arts Department and the Bangkok Metropolitan Administration removed the plaque, and the cultural heritage agency also filed a complaint against the protesters for breaking ...
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September 21, 2020 Politics
Bloomberg Myanmar locked down most of Yangon province, home to its largest city, for two weeks to contain a record surge in coronavirus infections ahead of the general elections scheduled for November. The strict stay-at-home order from Monday bars more than one member of a family venturing out for shopping and curbs travel from Yangon township to other cities except ...
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September 21, 2020 International News, Uncategorized
Bloomberg The European Union (EU) will unleash as many green bonds as the world issued last year, testing the level of investor interest in financing a shift towards cleaner economies. The bloc plans to create up to 225 billion euros ($266 billion) of green debt, which will propel it from a debut issuer to the largest player in the nascent ...
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September 21, 2020 International News, Uncategorized
Bloomberg ByteDance Ltd. emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to play down speculation it’s giving up control of valuable Chinese ...
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