ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), on Wednesday announced that it formally closed its $600 million pipeline infrastructure investment agreement with GIC, Singapore’s sovereign wealth fund. This marks successful closing of total investment transaction, following formal closing of initial investment agreement with BlackRock and KKR on June 27, and subsequent closing of Abu Dhabi Retirement ...

Bloomberg America’s merchandise trade with China continued to sag in July despite a tariff-war truce between the world’s two largest economies that’s since evaporated as President Donald Trump escalated levies and China retaliated. US exports of goods to the Asian nation fell 2.7% from the prior month while imports declined 1.9%, narrowing the trade gap between the countries to a ...

Bloomberg Google’s YouTube agreed on Wednesday to pay a $170 million fine and limit ads on kids’ videos to settle claims that the company violated children’s privacy laws. The world’s largest video-sharing site agreed to pay the fine, which is a record for a children’s privacy case, of $136 million to the US Federal Trade Commission and $34 million New ...