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Business news roundup

The number of billionaires in China went down by 161 because of a plunge in Chinese stock markets and weak currency CNN BUSINESS >

FedEx unveiled SameDay Bot, an autonomous delivery service to be tested in some markets this summer. TECHCRUNCH >

Africa’s richest man has a plan plan to reduce Nigeria’s dependency on fuel imports. It will will carve out an even bigger slice of the nation’s $376 billion economy for his empire. BLOOMBERG BUSINESSWEEK>

Changes in tax laws can also leave owners with unexpectedly large bills, and tax advisers warn it can happen to more companies this year. AP >


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Business news roundup

Drugmaker Bristol-Myers Squibb is taking on $19 billion in debt to pay for its planned acquisition of biotech company Celgene BARRON’S > Bird has released new electric scooters and claims they can last more than 10 months in a sharing ...