China

Chancellor Rishi Sunak says furlough extension would ‘trap’ workers – business live | Business

12.12pm BST12:12 Goldman Sachs has lowered its quarterly net earnings figure to $197m, compared to the $2.25bn previously reported, as it took account of the massive settlement related to alleged wrongdoing in

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24 mins read

Trump Targets WeChat and TikTok, in Sharp Escalation With China

WASHINGTON — The Trump administration announced sweeping restrictions on two popular Chinese social media networks, TikTok and WeChat, a sharp escalation of its confrontation with China that is likely to be met

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4 mins read

US Steps Up Campaign To Purge Chinese Apps

The Trump administration said late Wednesday it was stepping up efforts to purge “untrusted” Chinese apps from US digital networks and called the Chinese-owned short-video app TikTok and messenger app WeChat “significant

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1 min read

Will Covid make countries drop cash and adopt digital currencies? | Kenneth Rogoff | Business

As the Covid-19 crisis accelerates the long-term shift away from cash (at least in tax-compliant, legal transactions), official discussions about digital currencies are heating up. Between the impending launch of Facebook’s Libra

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6 mins read
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