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Bloomberg Landlocked Ethiopia is planning to build a navy, Prime Minister Abiy Ahmed said during a briefing of the heads of the country’s National Defense Force. “Following the efforts made to build capacity of our national defense, we built one of the stronger ground and air forces in Africa,” the ruling party-funded Fana Broadcasting Corp. reported. “We should build our ...

Bloomberg Nintendo Co. is bringing together the magnetic appeal of Pokemon, smartphones and the Switch console into an interlinked gaming experience. Pokemon: Let’s Go Pikachu and Pokemon: Let’s Go Eevee were unveiled by the Kyoto-based video-game maker. They’re designed to capitalise on the blockbuster success of the Pokemon Go smartphone game and a solid year of sales for the Switch ...

Bloomberg Google decided not to renew its contract with a Pentagon drone programme once it expires, after extensive protests from employees of the internet giant. Diane Greene, head of the cloud business at Alphabet Inc.’s Google, told staff that the company will let the deal lapse when it runs out in March 2019, according to people familiar with the meeting. ...

Bloomberg Alphabet Inc.’s Waymo is expanding its partnership with Fiat Chrysler Automobiles NV by adding tens of thousands of minivans to its fleet of self-driving cars and the two said autonomous vehicles could eventually be sold to the public. The addition of 62,000 Chrysler Pacifica plug-in hybrid minivans builds on a commitment announced in January to buy an unspecified number ...

Bloomberg In recent months, Apple Inc. has been criticised for the addictive nature of its devices. This week, the company plans to unveil software to help cure people of their iPhone habit. On Monday, Apple will hold its annual Worldwide Developers Conference in San Jose, where it will lay out its software strategy for the next year and tease future ...

Bloomberg SoftBank Group Corp.’s Masayoshi Son wants his company to grow for 300 years, and he’s willing to pour billions of dollars into far-out technology to make it happen. General Motors Co., a business that is already more than a century old, is now part of that plan. GM said that the SoftBank Vision Fund is investing $2.25 billion in ...

Bloomberg Micron Technology Inc., the largest US maker of computer memory chips, said Chinese regulatory authority representatives visited its offices in that country, potentially opening another front in a growing trade dispute between the world’s two largest economies. “Micron confirms that China’s State Administration for Market Regulation authorities visited Micron’s China sales offices on May 31 seeking certain information,” the ...

Bloomberg The European Union complained to the World Trade Organization (WTO) about China’s technology-transfer practices in a surprise move that adds to US political pressure on Beijing. On the same day it filed a WTO complaint over US metal tariffs, the EU turned to the global trade arbiter to challenge Chinese intellectual-property (IP)legislation that forces European companies going to China ...

Bloomberg Reliance Communications Ltd. soared in Mumbai trading after it settled a payment dispute with the local unit of Ericsson AB, allowing the debt-laden phone operator to proceed with a planned asset sale to Reliance Jio Infocomm Ltd. and possibly stave off insolvency. RCom, as the company is known, advanced 6.6 percent to close at 18.65 rupees in Mumbai after ...

Bloomberg Spain’s Grupo Barcelo is considering an offer for HNA Group Co.’s $780 million stake in NH Hotel Group SA, people familiar with the matter said, setting up a potential challenge to Minor International Pcl’s pursuit of the hospitality operator. Closely held Barcelo is working with advisory firm Alantra Partners SA as it weighs a bid for the Chinese conglomerate’s ...