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Bloomberg Vietnam’s exports this year may rise between 7% and 7.5% from 2018, a steep decline from the previous two years mainly because of rising global trade tensions, Hai Quan newspaper reported, citing the Ministry of Industry and Trade Ministry. Trade tensions between the US and China, Japan and South Korea, and slower economic growth in some countries reduce demand ...

Bloomberg Apple Inc’s App Store reversed a recent decision to reject a Hong Kong app that shows police activity in the midst of increasingly violent pro-democracy protests in the city. The app, known as HKmap.live, is a mobile version of a website that helps users avoid potentially dangerous areas, according to the developer, who uses the alias Kuma to remain ...

Bloomberg China’s foreign-currency holdings dipped in September, as valuation effects from a stronger dollar weighed on the otherwise stable stockpile. Reserves fell to $3.092 trillion in the month from $3.107 trillion in August, the People’s Bank of China said on Sunday. The reading compares with a median estimate of $3.106 trillion in a Bloomberg survey. The supply and demand largely ...

Bloomberg Equinor ASA has started its Johan Sverdrup oil field, a rare mega-project in the North Sea that’s been a boon for Norway’s offshore industry and now promises to deliver a huge production boost for the country. Discovered in 2010 in an area that had been disregarded by most explorers, the site started production on Saturday and is set to ...

Bloomberg Mozambique’s government said Exxon Mobil Corp. will sign off on an initial investment decision for a liquefied natural gas project that could cost as much as $33 billion to build — the biggest ever in Africa. A ceremony marking the decision will take place Oct. 8 in Maputo, the capital of the southeast African nation, the Ministry of Mineral ...

Bloomberg Newly commissioned Permian Basin crude pipelines have yet to boost US crude exports, as the ongoing US-China trade war weighs on demand from Asia. The US Census Bureau said exports averaged 2.73 million barrels a day in August, up just 40,000 barrels from a month before. That’s despite the start of two widely anticipated crude pipelines from West Texas ...

Bloomberg Energy Secretary Rick Perry has told confidants he plans to resign from the Trump administration by the end of the year. Perry, an Air Force veteran who was previously Texas’ longest serving governor, was to spend some time in the Oval Office but hadn’t intended to tell President Donald Trump of his departure timeline. Perry’s plan to depart comes ...

Bloomberg Apple Inc has told suppliers to increase production of its latest iPhone 11 range by as much as 10% to meet stronger-than-expected sales of the new handsets, the Nikkei Asian Review reported, affirming resilient demand for the company’s most important gadget. The boost would add 7 million to 8 million units to what the Cupertino, Calif-based company had initially ...

Bloomberg General Motors Co and the United Auto Workers (UAW) moved closer to a deal that would end the strike that’s divided them for almost three weeks. The automaker and union have agreed on most of the key issues, but two main sticking points remain. They are boosting employee pension plans and shortening the length of time required for entry-level ...

Bloomberg President Donald Trump lauded a tight labour market as the unemployment rate hit a 50-year low. He didn’t mention job losses appearing in manufacturing, a key industry for his base of supporters. Total payrolls at factories contracted by about 2,000 in September, when economists had expected a 3,000 gain. The data was released as part of the monthly jobs ...