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TikTok names new head of security

  Bloomberg TikTok named a new head of security as the popular video app has come under increasing scrutiny from congress and other US officials over concerns that user data could wind up in China. Kim Albarella was appointed to serve as interim head of TikTok’s Global Security Organization, the company said in a statement. She will oversee the transition ...

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Big oil’s influx of cash opens door to clean-energy deals

Bloomberg Europe’s oil and gas giants, flush with cash from soaring prices, are considering whether to turbo-charge their transition to clean energy with multibillion-dollar acquisitions of major renewable energy producers. Shell Plc, TotalEnergies SE and Equinor ASA are among the companies that have evaluated the suitability of European utilities for takeovers. Potential targets include some of the region’s largest wind ...

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Ras Al Khaimah non-oil foreign trade rises 14%

  RAS AL KHAIMAH / WAM The emirate of Ras Al Khaimah has seen a 14% increase in non-oil foreign trade in 2021, surging from AED 14.78 billion in 2020 to AED 16.83 billion in 2021, according to RAK Centre for Statistics and Studies. Exports accounted for the largest portion of the emirate’s total non-oil foreign trade, reaching 57%, at ...

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