CAIRO­­­­ / Reuters Saudi Arabia is banning imports of Egyptian strawberries due to pesticide residues, said Abdel Hamid al-Demerdash, the head of Egypt’s Agriculture Export Council, the latest such ban to hit Egypt as it struggles to revive its economy. The temporary ban comes into effect on July 11, Demerdash told Reuters, adding that the memo received from Saudi Arabia ...

Bloomberg In the tight-knit Outback town of Narrabri, the cold-shoulder treatment farmer Peter Gett has felt over the natural gas wells on his property has shown him that promoting Australia’s energy security comes at a cost. The fifth-generation wheat grower opened gates and cleared tracks to smooth a path for exploration of the gas reserves beneath his farm. Seven years ...

Bloomberg A long list of potential buyers has expressed interest in the Nordic and Baltic businesses that Intrum Justitia AB and Lindorff need to divest to proceed with their merger, according to Intrum’s chief executive officer. CEO Mikael Ericson says he is confident the two firms can sell Lindorff’s entire business in Denmark, Estonia, Finland and Sweden, as well as ...

Bloomberg Delivery Hero AG plans an initial public offering valuing the company at as much as 4.39 billion euros ($4.9 billion) as the Rocket Internet SE-backed food-delivery startup seeks funds for growth. The company and current owners will sell as much as 996 million euros in stock for 22 euros to 25.50 euros apiece, according to a statement on Monday. ...

Bloomberg London home sellers cut asking prices for a second time in three months and waning buyer interest hints that the slowdown may continue. Prices dropped 2.4 percent in June — the biggest for that month since 2010 — leaving them down 1.4 percent from a year earlier, Rightmove Plc said on Monday. Nationally, asking prices slipped 0.4 percent, pushing ...

Bloomberg Alphabet Inc.’s Google says it is creating new policies and practices to suppress terrorism-related videos, a response to UK lawmakers who have said the internet is a petri dish for radical ideology. Google will increase its use of technology to identify extremist and terrorism-related videos across its sites, which include YouTube, and will boost the number of people who ...

Sparkling in the sunlight that inspired 19th-century romantic painters of the Hudson River School, Sing Sing prison’s razor wire, through which inmates can see the flowing river, is almost pretty. Almost. Rain or shine, however, a fog of regret permeates any maximum-security prison. But 37 men — almost all minorities; mostly African Americans — recently received celebratory attention. It was ...

Four decades ago, two University of Rochester professors came up with a definitive theory for that “awesome social invention” known as a publicly held company. The firm, they said, was but a series of contractual agreements between the owners and their agents—the managers. And there the matter rested. Until a 20-F filing at the US Securities Exchange Commission by Bangalore-based ...

The headlines liken it to a “raid” or a “power grab.” But the European Union’s threat to repatriate euro clearing away from London is starting to look like a headache nobody actually wants to see happen. Which, all told, is probably a good thing. EU Commissioner Valdis Dombrovskis recently unveiled the legal framework of how the bloc plans to supervise ...

Usually when a president agrees to send more troops to a war zone, it’s part of a broader strategy. George W. Bush approved the surge of forces to Iraq as part of a population-centric counterinsurgency war plan. Barack Obama did the same in his first year when it came to Afghanistan, though he eventually regretted the decision, and spent most ...