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Bloomberg From the big screen to the snack aisle, American companies plan to hike prices as their input costs creep higher. It’s a sign that businesses have faith consumers will keep shopping even as products become more expensive. And that belief in pricing power, showcased on earnings calls and presentations during the week of August 6-10, could signal a turning ...

Bloomberg Three months after sweeping to power in Armenia’s peaceful “velvet revolution,” Prime Minister Nikol Pashinyan is waging an unprecedented campaign against corruption that’s unnerved Russia and got political opponents crying foul. Arrests have reached people previously considered untouchable in Armenia including ex-President Robert Kocharyan, who’s accused of subverting constitutional order during deadly clashes a decade ago, and relatives of ...

Bloomberg Israeli soldiers shot dead a Palestinian paramedic who was tending to casualties at an anti-Israel protest in the Gaza Strip, a Gaza Health Ministry official said. Abdullah al-Qutati was the second medic killed in the field by Israeli forces since a campaign of protests began in Gaza on March 30. In all, nearly 160 Palestinians have been shot dead ...

Bloomberg China may be holding as many as one million members of its Muslim Uighur minority in “re-education” camps in its western region of Xinjiang, according to United Nations human rights experts. Speaking in Geneva on August 10 during the opening session of a two-day review into China’s policies, Gay McDougall, a member of the United Nations Committee on the ...

Bloomberg In the runup to the resumption of US sanctions against Iran, the country’s beleaguered president, Hassan Rouhani, got stern directives from a few corners of the Islamic Republic. Iran’s Supreme Leader, Ali Khamenei, urged him to deal with corruption. The powerful Revolutionary Guards commander told him to focus on Iran’s slumping currency, the rial, while a sizable chunk of ...

Bloomberg Chile is fast ditching its reputation as South America’s most conservative and Catholic country, with lawmakers now discussing whether to make it the second nation in the region to legalise euthanasia. Less than a year after allowing abortion in some cases, a commission of the Chamber of Deputies approved a bill that would permit euthanasia for the terminally ill ...

Bloomberg The main partner of Ivory Coast President Alassane Ouattara ruling coalition said it is withdrawing from the group, marking the culmination of growing tensions between political blocs as the country prepares to hold presidential elections in 2020. Former President Henri Konan Bedie’s Democratic Party of the Ivory Coast is opting out of Ouattara’s Rally of Houphouetists for Democracy and ...

Bloomberg The autonomous-vehicle gap between Ford Motor Co. and its rivals from Detroit and Silicon Valley can be measured in years. Yet even a company playing catch-up in the race to turn self-driving technology into high-margin businesses is drawing interest from outside investors, an indicator of just how much money is pouring in. “I’m really excited about what I’m hearing ...

DUBAI / Emirates Business Don’t miss your chance to be among the first in the UAE to own the super powerful Galaxy Note9, that is available for pre-order until August 24 from major retailers, operators and Samsung brand stores, as well as online on Shop.Samsung.com/ae. Customers who pre-order the device will be the first to experience the powerful S-Pen, the ...

Bloomberg New York’s city council dealt a political blow to Uber Technologies Inc. and other app-based car-for-hire companies by approving a one-year industry wide cap on new licenses and giving the city Taxi & Limousine Commission authority to set minimum pay standards for drivers. The passage of sweeping industry regulations signalled politicians’ changed attitudes towards the so-called gig economy and ...