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Biden to warn US firms of risks of operating in Hong Kong: FT

Bloomberg The US will warn American companies this week of the increasing risks of operating in Hong Kong, the Financial Times (FT) reported, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. The risks include the Chinese government’s ability to gain access to data that foreign companies store in Hong Kong, the FT said on Tuesday, ...

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Google fined $593m in French warning to pay for news

Bloomberg Google was fined $593 million in France after the search giant failed to follow an order to thrash out a fair deal with publishers to use their news content on its platform. The Alphabet Inc unit ignored a 2020 decision to negotiate in good faith for displaying snippets of articles on its Google News service, the Autorité de la ...

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Rents in central London surges by record 4.3%

Bloomberg Londoners have returned to their city center with a bang. Rents in central districts surged 4.3% in June from the previous month, the fastest pace on record, as the easing of lockdown restrictions lured tenants back to urban life, according to estate agent Hamptons International. That’s the first time since the start of the pandemic that rents saw a ...

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