Bloomberg Chinese regulators are set to order Tencent Holdings Ltd. to give up exclusive rights to music labels, Reuters reported. The company will also receive a 500,000 yuan ($77,227) fine for misreporting the acquisition of two apps, according to the report. The penalties are the result of an investigation by the State Administration of Market Regulation into affiliate Tencent Music ...

WASHINGTON / WAM Concluding a weeklong visit to Washington, DC, Dr Anwar Gargash, Diplomatic Advisor to the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, called the UAE-US relationship as strong as it has ever been and noted that the US is the UAE’s “most important and enduring strategic partner”. During his visit, Dr Gargash met with senior Biden ...

Manama / Emirates Business Trade between the UAE and Bahrain has seen a significant rebound since the pandemic with non-oil bilateral trade between the countries increasing by 75% year-on-year in Q2 2021. UAE-Bahrain trade reached $672 million in the second quarter of this year, accounting for around 40% of Bahrain’s GCC trade, according to the latest figures released by Bahrain’s ...