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TikTok plans to file suit against Trump’s order

Bloomberg TikTok plans to file a lawsuit against the Trump administration on Monday to challenge its executive order banning transactions with the video app in the US, the company said. TikTok said it “strongly disagreed” with the concerns raised by President Donald Trump as he ordered on August 6 to ban the app from the US within 45 days. He ...

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China readies for US oil haul in Sept

Bloomberg US oil exports to China are set to reach a record next month in a sign that Beijing is stepping up purchases to meet its commitments under a landmark trade deal. About 19 tankers have signed provisional bookings to load American crude for China in September, according to shipping fixtures, which are subject to change. If all of them ...

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Botswana, Namibia to sign 5-GW solar plan

Bloomberg Botswana and Namibia are set to sign an agreement to develop solar projects of as much as 5,000 megawatts through installations built across their mostly flat, sunny landscapes. The southern African nations are working with US government initiative, Power Africa, to help structure the deal, Namibian Mines and Energy Minister Tom Alweendo said in an interview. The electricity will ...

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