Global oil refiners reeling from months of lackluster demand and an abundance of inventories are cutting fuel production into the autumn because the recovery in demand from the impact of coronavirus has stalled, according to executives, refinery workers and industry analysts.
Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags about the origins of the money, BuzzFeed and other media reported on Sunday, citing confidential documents submitted by banks to the U.S. government.
US President Donald Trump said on Saturday (Sep 20) he supported a deal in principle that would allow TikTok to continue to operate in the United States, even as it appeared to conflict with his earlier order for China's ByteDance to divest the video app.
A U.S. judge early Sunday blocked the Commerce Department from requiring Apple Inc and Alphabet Inc's Google to remove Tencent Holding's WeChat for downloads by late Sunday.
MALE: India on Sunday (Sep 20) announced a US$250 million loan to the Maldives to boost its COVID-19-battered economy in a further bid to counter China's growing financial footprint in South Asia. The Indian Ocean archipelago, renowned for its luxury resorts, has been badly hit by the pandemic ......
France should invest in a Bridgestone tyre plant threatened with closure, the head of its regional government who plans to run against President Emmanuel Macron in 2022 said on Sunday, ahead of a ministerial visit to the site.
NEW YORK: China's ByteDance is seeking a valuation of US$60 billion for TikTok as Oracle and Walmart take stakes in the short-video app's business to address US security concerns, Bloomberg News reported on Sunday (Sep 20), citing an unnamed person familiar with the matter. Oracle will take a 12.5 ...
Facebook has told Ireland's High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court documents seen by the paper.
Oracle will take a 12.5per cent stake in TikTok Global and store all its U.S. user data in its cloud to comply with U.S. national security requirements, the companies said on Saturday. Retail giant Walmart said it would take a 7.5per cent stake.
LONDON: Inside a former London newspaper printing factory turned nightclub, a roaming urban fox has replaced throngs of dancers shut out by the COVID-19 pandemic. Six months after COVID-19 turned off the music and lights at London's Printworks and similar dance venues across Britain, there is no ...
