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US states weigh new Google suit over app store fees

Bloomberg At least three US states are investigating Alphabet Inc.’s Google over the fees it takes from developers for purchases and subscriptions inside apps, and they may file an antitrust lawsuit against the company early next year, according to people familiar with the matter. The attorneys general of Utah, North Carolina and New York are among states that are preparing ...

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Foreigners eye return to Japan stocks after years of selling

Bloomberg Foreign investors may at last be returning to Japan’s stock market after a six-year selloff, amid the growing realisation of an opportunity that no other place can provide, a top fund manager says. Comgest Asset Management Japan Ltd. expects Japan’s profit growth to outpace that of the US, as corporate taxes will “almost certainly” rise under President Joe Biden. ...

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Saudi Arabia shares boosted by Opec+, stocks rally in Dubai

Bloomberg Saudi stocks rallied on Sunday, putting them on track to be the Middle East’s best performers in 2020, a day after the Opec+ group pledged a more hands-on approach to the oil market. Equities in Dubai were among the region’s best performers amid optimism over a rebound in tourism. The main index in Riyadh gained 0.3% as of 10:20 ...

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