November 3, 2019

Tesco To Eliminate 1bn Pieces Of Plastic Packaging By 2020

Tesco To Eliminate 1bn Pieces Of Plastic Packaging By 2020

The United Kingdom’s biggest retailer, Tesco, has pledged to remove one billion pieces of plastic packaging from products in its UK stores by the end of 2020, seeking to reduce its environmental footprint and meet growing consumer demand for less waste.

Britons have become increasingly aware of the amount of plastic they use following scientist David Attenborough’s Blue Planet II documentary, which highlighted the dangers of plastic pollution to marine life.

Last year, Tesco said it wanted to remove hard-to-recycle materials from its business. It said on Friday it will have eliminated the hardest-to-recycle materials from its own-brand products by

Not Even A Strike Can Stop US Jobs Machine From Running

Not Even A Strike Can Stop US Jobs Machine From Running

The United States jobs market continues to power ahead, slowing less than expected last month, and signalling that US consumers will continue to spend, spend, spend while growing the economy.

The US Department of Labor reported on Friday that the economy added 128,000 jobs in October – more than sufficient to absorb the estimated 100,000 new entrants into the labour force.

The headline was even more impressive given the drag from a 40-day labour strike at General Motors Co’s US factories, which ended last Friday. The strike was reflected in auto manufacturing, which shed 42,000 jobs in October. But strip

Google To Buy Smartwatch Maker Fitbit For $2.1bn In Cash

Google To Buy Smartwatch Maker Fitbit For $2.1bn In Cash

Alphabet Inc.’s Google agreed to buy smartwatch maker Fitbit Inc. for $2.1 billion in cash, a move that could shore up the internet giant’s hardware business while also potentially increasing antitrust scrutiny. Fitbit shares jumped 16%.

Google will pay $7.35 a share for San Francisco-based Fitbit, according to a statement Friday. That represents a 71% premium to Fitbit’s stock price before Reuters reported Google had made a bid on the company on Oct. 28. The acquisition is Google’s second major purchase this year, after it agreed to pay $2.6 billion for cloud software provider Looker in June.

The deal is

WTO Panel: China May Levy Over $3bn In US Trade Sanctions

WTO Panel: China May Levy Over $3bn In US Trade Sanctions

A World Trade Organization (WTO) panel said on Friday that China is entitled to slap compensatory sanctions on United States imports worth $3.579bn annually.

The decision stems from the US failure to remove anti-dumping duties, but the monetary value is roughly half the total amount that China had sought.

The ruling came as the world’s two biggest economies try to clinch phase one of a trade deal.

US President Donald Trump and his negotiators are “very optimistic” about concluding it, White House adviser Larry Kudlow has said.

With the WTO announcement, a three-member WTO arbitration panel said Chinese exporters suffered

Trustfund Pensions Canvasses Savings Culture Among Youths

Trustfund Pensions Canvasses Savings Culture Among Youths

A leading Pension Fund Administrator (PFA), Trustfund Pensions Limited, has expressed the need to inculcate savings culture among the youths, saying that the earlier they are being taught the enormous advantages, the better they appreciate its essence and adopt it as a lifestyle.

The PFA’s Managing Director/Chief Executive Officer, Mrs. Helen Da-Souza, who spoke in Abuja, weekend at the 2019 prize-giving ceremony of Trustfund Pensions essay competition for Senior Secondary School Students in the Federal Capital Territory (FCT), Abuja, said her organisation believed that there is no age restriction to savings.

“It is our belief that there is no age …

Palestinian Rights Activist Slams Israel's Travel Ban

Palestinian Rights Activist Slams Israel’s Travel Ban

Laith Abu Zeyad, who works as Amnesty’s campaigner on Israel and the occupied Palestinian territories, was stopped by Israeli authorities at the King Hussein/Allenby border crossing on October 26 while on his way to attend a relative’s funeral in Jordan.

After being held for four hours, he was told he was banned from travelling abroad for what Israel’s internal security service, the Shin Bet, called 

Over A Dozen Killed In Car Bomb Near Turkey-Syria Border

Over A Dozen Killed In Car Bomb Near Turkey-Syria Border

At least 13 people have been killed in a car bomb explosion in a Syrian town on the border with Turkey, according to the Turkish defence ministry.

The blast on Saturday ripped through a crowded market in Tal Abyad, a town controlled by Turkish-backed opposition fighters.

“Based on first findings, 13 civilians were killed and around 20 others injured” in the explosion, Turkey’s defence ministry said in a statement.

The northeastern town has witnessed some of the heaviest fighting since the Turkish military launched an operation in northeast Syria last month against the Syrian Democratic Forces (SDF), which is spearheaded

Pig Deaths On Russia Border: African Swine Fever Spreads?

Pig Deaths On Russia Border: African Swine Fever Spreads?

More than a year after African swine fever began ravaging hogs in China, the virus may be escaping along the same route it’s believed to have entered — via Russia.

While the swine contagion has been present in Russia for 12 years, it’s only been spreading actively in the country’s Far East for the past few months. Authorities have reported almost 60 outbreaks in wild and domestic pigs, most within a few miles of the border with China.

BBG GRAPHIC: PIGS/RUSSIA BORDER

Infected wild boar may be playing a role in cross-border spread, said Dirk Pfeiffer, a professor of veterinary medicine and life sciences

$2trn? Aramco Courts Investors To Hit IPO Valuation Target

$2trn? Aramco Courts Investors To Hit IPO Valuation Target

Possible failure to reach the coveted target had caused a dilemma for Saudi Arabia’s Crown Prince Mohammed bin Salman: swallow the bitter pill of going ahead at a lower valuation, or postpone the initial public offering (IPO) once again. But on Friday he gave the green light for the debut to go ahead.

Read Also: Oil, Iran Top Agenda As Putin Visits Saudi

India At Work: Labour Reforms Aim To Boost Wages

India At Work: Labour Reforms Aim To Boost Wages

Mumbai, India – Each day is a new test of Deepak Kumar’s resolve as he waits with dozens of others outside the Khar railway station in India ‘s financial capital, Mumbai, hoping to be hired by local contractors for a day’s work on a construction site.

“It’s always the same risky work and the hours never change, but the pay varies a lot,” Kumar tells Al Jazeera. Beholden to the whims of the “bosses” of the construction firms, his income sometimes dips below the customary $7-per-day rate for inner-city Mumbai, pushing his finances to the brink, he says.

“Right now

'Consensus On Principles': US-China Trade Deal In Sight

‘Consensus On Principles’: US-China Trade Deal In Sight

Beijing’s state-run media outlet Xinhua said the world’s two largest economies had reached a “consensus on principles” during a constructive telephone call on Friday between their main trade negotiators.

Read Also: MF Cautions Nigeria, Others Over Mounting Debt To China

The optimistic notes offered reassurance to global markets after nearly 16 months of tit-for-tat tariffs.

US and Chinese delegates had made “enormous progress” towards finalising a “phase one” agreement, although the deal

The Pocket-Sized Las Vegas Addicting Kenya's Youths

The Pocket-Sized Las Vegas Addicting Kenya’s Youths

A young man had been found dead, hanging behind his mother’s house. The Kenyatta University