Bloomberg A deadline set by the Trump administration for the forced sale of TikTok’s US assets will come and go on Friday without a final deal, according to people familiar with the discussions. While the deadline has been extended multiple times, TikTok isn’t expected to receive a new one, said the people, who asked not to be identified because the ...

Bloomberg The UK is gearing up to deploy its first Covid-19 vaccine with plans to provide the shot at more than 1,000 centres across the country over the coming weeks with the first jab expected to be given on Tuesday. The vaccine, created by Pfizer Inc and BioNTech SE, has arrived at secure locations in the UK from Belgium, the ...

Bloomberg Tesla Inc was ordered by a Beijing court to compensate the buyer of a used Model S car after concluding the electric automaker concealed structural damage on a vehicle it sold on its official website. The court ruled that Tesla should pay more than 1.1 million yuan ($168,420) to compensate the buyer, after it was discovered that part of ...

Bloomberg Christmas tree vendors got a jump on sales this year as buyers looking to chase away pandemic blues started the season early. But all that demand may not necessarily translate into fat profits for sellers of evergreens or the farmers who grow them. “We typically see a wave of buying towards the second week of December, and the day ...

Bloomberg Voracious cash appetite among virus-strapped companies and a battered economy that makes buybacks tough to justify are warping supply and demand dynamics in the stock market, something for bulls to worry about heading into year end. While American firms normally repurchase way more stock than they sell, this year has been different, as offerings by everyone from Snowflake Inc ...

Bloomberg While Bitcoin’s record-high grabs attention, its crypto compatriot Ethereum is continuing to broaden its appeal beyond the software programming crowd. Before this year, most investors’ first stop was Bitcoin, according to Michael Sonnenshein, managing director at Grayscale Investments LLC, which has investment products that track both and allows investments from institutional and accredited investors only. But the Ethereum blockchain, ...

DUBAI / WAM The “10 Million Meals” campaign, which was launched to support Covid-19-hit communities in the UAE throughout the holy month of Ramadan, has bagged six Cresta Awards in creativity and innovation and five SHORTY Social Good Awards for driving positive impact in society. The campaign was also shortlisted for MEPRA Award’s Best Campaign in the Middle East in ...

DUBAI / WAM The UAE is leading innovation in the world’s Smart Cities market, which is set to reach $546 billion by 2027, industry experts announced ahead of Gitex Technology Week 2020. Meticulous Research firm expects the global Smart Cities market to grow at 23 percent compound annual growth rate to $546 billion by 2027. Abu Dhabi and Dubai rank ...

Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (ADDED), is participating at the 40th edition of the “Gitex Technology Week” at the Dubai World Trade Centre, which will take place from December 06-10, 2020. ADDED will be joining the Abu Dhabi Government Pavilion to showcase four of its key smart services including “E-Investor’s Compass,” “Smart Emergency and ...

Al Ain / WAM On the occasion of International Volunteer Day (IVD), which is observed on December 5 every year, HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, affirmed that volunteering constitutes a noble human value, and is an important tributary to achieving the comprehensive development of societies and enhances the morals of ...