Bloomberg Nike Inc.’s decision to stop selling golf equipment and a possible bankruptcy filing by the Golfsmith retail chain are raising concerns that the declining popularity of the sport is taking a toll on the companies that thrive on it. Millennials, the key to the sport’s future, are shunning the expensive and time-consuming game in favor of more instantly …

  Bloomberg Agrium Inc., the largest agricultural retailer to US farmers, fell after the company cut its full-year profit forecast for a second time this year amid an agriculture slump that has dragged down prices for crop nutrients. Earnings in 2016 will be $5 to $5.30 a share, the Calgary-based company said in a statement. That compared with a May …

  Bloomberg Apple Inc. is preparing to unveil successors to the iPhone 6S and iPhone 6S Plus as early as next month with more advanced photography capabilities and upgraded hardware in a design similar to that of last year’s models, according to people familiar with the matter. The standout features will be a dual-camera system on the larger iPhone, a …

  Bloomberg Data centers, used by governments and large corporations to house their computer systems, have one big environmental problem: They get hot. To keep them from overheating, large data centers can pump hundreds of millions of gallons of water a year through the facilities, according to company reports. That high demand for water has some investors concerned, especially in …

  Relaxnews It’s being pitched as the world’s first motorized, rideable carry-on smart luggage that can whisk tired fliers through the airport three times faster than old-fashioned walking. You could call the Modobag a scooter-slash-suitcase. Designed by Chicago entrepreneur Kevin O’Donnell and an engineer whose credits include professional race motorcycles at Daytona 200, the mobile suitcase features an electric motor, …

  Bloomberg Ford seems to think so and is working with MIT in order to shuttle in a new form of smarter, on-demand mobility service that can predict where it needs to be at any given time, in order to best help people get around. From September the Massachusetts Institute of Technology’s Cambridge campus will become the testing ground for …

  Mount Lavinia / AFP Tourists have flocked back to Sri Lanka’s palm-fringed beaches since a bloody civil war ended in 2009, but environmentalists warn unchecked development means some areas are now so polluted, swimming there is a health hazard. Sewage from thriving hotels and guesthouses pours, often untreated, out into the water polluting the sea and shore. Even the …

  Montevideo / AFP Alvaro Brusti had never worked in his life before he wound up behind bars for armed robbery. Now after five years inside, the 34-year-old is running his own company, in an unusual scheme at a Uruguayan jail. The Punta de Rieles prison east of the capital Montevideo looks like many other penitentiaries from the outside, with …

  DUBAI / WAM Al Tayer Group, a UAE-based business group, donated 10 Ford E-350 DRW ambulances to Emirates Red Crescent (ERC). The cut-away units were especially converted into ambulances by Horton Emergency Vehicles in Ohio, USA. Ahmed Al Tayer, Director of the Al Tayer Group, handed over the ambulances to Mohammed Abdullah Alhaj Al Zaroni, Manager of the Dubai …

DUBAI / WAM The Commercial Compliance and Consumer Protection (CCCP) sector in the Department of Economic Development (DED) in Dubai announced the launch of an ‘Intellectual Property Gateway’ for receiving complaints on trademark infringement via the DED website. The gateway automates all procedures relating to intellectual property (IP) issues, starting from receiving complaints and opening files to receiving reports from …