International News

Bloomberg Twitter Inc Chief Executive Officer Jack Dorsey returned from a trip touring African startups ready to go back. He said in a Twitter post recently that he’ll spend three to six months somewhere on the continent next year. Dorsey had spent much of November meeting with startups and people in the tech industry in South Africa, Ethiopia, Nigeria and ...

Bloomberg Chinese students far out-stripped peers in every other country in a survey of reading, math and science ability, underscoring a reserve of future economic strength and the struggle of advanced economies to keep up. The Organisation for Economic Co-operation and Development (OECD)’s triennial study of 15 year-old students across the world found that the four Chinese provinces tested — ...

Bloomberg China raised its 2025 sales target for electrified cars as the government tries to spur an industry that’s showing signs of slowing down. The country wants about 25% of new cars sold by 2025 to be electrified, according to a draft policy published by the ministry of industry and information technology. Its last roadmap on the industry announced in ...

Bloomberg Chinese state media said the government will soon publish a list of “unreliable entities” that could lead to sanctions against US companies, signalling trade talks between the two nations are increasingly under threat from disputes over human rights in Hong Kong and Xinjiang. The Communist Party-backed Global Times said in a tweet that the list was being sped up ...

Bloomberg A California college student has sued TikTok, the viral video service run by social media giant ByteDance Inc, for secretly funnelling her personal information to China while using her videos to create an online profile for targeted ads. The lawsuit, filed in the Northern District of California by full-time university student Misty Hong, alleges TikTok harvested her videos, gathered ...

Bloomberg Nissan Motor Co’s new chief executive officer said he is looking at what works and what doesn’t in the alliance with Renault SA and Mitsubishi Motors Corp, stressing that the partnership needs to benefit all parties. Makoto Uchida, appointed after a year of turmoil following the arrest of Carlos Ghosn, said in his first media conference that changes are ...

Bloomberg Singapore’s economy may be facing headwinds and inflation’s muted but companies in the Southeast Asian city-state are set to step up salary increases next year in a bid to retain staff, according to a survey. The overall increase projected for 2020 is 3.7%, up from a 3.6% rise this year, according to Mercer LLC, which conducted the survey across ...

Bloomberg Justin Trudeau scored a major political victory with the negotiated end to a damaging Canadian rail strike that will only cement his government’s growing ties with organised labour. The prime minister’s reluctance to force an end to the strike of about 3,200 conductors and railyard operators at Canadian National Railway Co (CN) won him accolades from the union and ...

Bloomberg Vodafone Group Plc won backing from a German court for the price it paid for Kabel Deutschland Holding AG, dealing a blow to activist investor Elliott Management Corp’s attempt to win a bigger payout. The 84.53 euros ($93) a share — plus an annual top up — Vodafone paid to Kabel Deutschland’s shareholders as part of the 2013 acquisition ...

Bloomberg British automakers warned that the next UK government needs to deliver a “world-beating Brexit trade deal” to bolster their competitiveness and safeguard jobs following a split from the European Union. Carmakers need a frictionless border free of tariffs and customs, regulatory alignment and access to talent, the Society of Motor Manufacturers and Traders lobby group said ahead of the ...