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Trump decides against harshest measures on Chinese investments

Bloomberg The White House opted to take a less confrontational approach towards Chinese investments in the US as it pushes Congress to strengt-hen an existing review pro-cess rather than invoke a little-used law reserved for economic emergencies. President Donald Trump wants Congress to pass legislation to bolster the Committee on Foreign Investment in the US, or CFIUS, so it can ...

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London house prices fall

Bloomberg UK house-price growth has slowed to the weakest pace in five years, while London values are falling, according to Nationwide Building Society. The lender said the “subdued economic activity” and squeezed household budgets are keeping a lid on demand, and the national market is unlikely to see any change to the recent trend in the near term. Nationwide’s monthly ...

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Facebook retools political ad rules

Bloomberg A top Facebook Inc executive said the company’s strategy to distinguish between journalism and political content will go into effect in the “coming days.” Facebook’s head of global news partnerships, Campbell Brown, said in an updated blog post that the social-media giant would divide its political ads archive into two sections — one for ads promoting news stories about ...

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