Bloomberg Apple Inc will close its corporate offices, stores and contact centres in mainland China through February 9, a move the company says comes out of an “abundance of caution and based on the latest advice from leading health experts.” The move comes as global companies with heavy Chinese footprints weigh how to respond to the threat of the spreading ...

Bloomberg Forget about clinging to hopes that China, the world’s largest car market, will recover from its unprecedented two-year slump anytime soon. Expectations were already bleak as the year began, with IHS Markit predicting a 10% drop in first quarter production. Now, the influential research firm sees a scenario in which the coronavirus spreading rapidly across the country triggers a ...

Bloomberg TikTok has tapped the head of a top lobbying group for internet companies to lead its Washington policy operations as it confronts mounting pressure in Washington over its ties to China. Michael Beckerman, the current president of the Internet Association, will be in charge of government relations for the popular music-video app, according to a company spokeswoman. TikTok, which ...