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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 ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and HRH Prince Mohammed bin Salman bin Abdul Aziz, Saudi Arabia’s Crown Prince, Deputy Prime Minister and Minister of Defence, have presided over the second meeting of the Saudi-Emirati Coordination Council in Abu Dhabi ...

NEW YORK / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has reiterated the UAE’s support for the aspirations of the Palestinian people to self-determination, highlighting the country’s regional and international efforts to ease their suffering. He made this statement as part of a solidarity message directed to Ambassador Cheikh Niang, Chair of the United Nations, UN, Committee ...

Bloomberg President Donald Trump declared that talks with China on the first phase of a trade deal were near completion after negotiators from both sides spoke by phone, signaling progress on an accord in the works for nearly two years. “We’re in the final throes of a very important deal,” Trump told reporters at the White House. “It’s going very ...

Bloomberg Oil sank as production hit a record high and refinery demand slipped, pushing stockpiles higher across US. Futures fell as much as 0.8% in New York after Energy Information Administration (EIA) reported that the US commercial crude inventories rose 1.57 million barrels last week and output hit 12.9 million barrels a day. The EIA report also showed gasoline inventories rose ...

DUBAI / WAM The Ministry of Economy (MoE) launched a new plan to develop National Programme to Support Young Innovative Companies to stimulate national entrepreneurship and increase the number of projects in line with the country’s innovation standards. The plan, developed by the National Programme for SMEs, in MoE, was launched in cooperation with its partners, including 15 federal and ...

HANOI / WAM Vietnam attracted $31.8 billion in Foreign Direct Investment (FDI), in the first eleven months of 2019, up 3 percent year-on-year, according to the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment. Of the figure, $14.68 billion was poured into 3,478 new projects, up 28 percent for the number of projects but down 7 percent ...