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Pentagon Designates Chinese Social Media Giant as National Security Threat

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Tencent Shares Drop 10% After Military Company Designation; Chinese battery manufacturer CATL Also Added to Blacklist. The Pentagon on Monday labeled Tencent, the Chinese social...
Business

Ukraine Suspends Russian Gas Transit to Europe as Prewar Agreement Comes to an End

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Ukraine on Wednesday halted Russian gas supplies to European customers through its pipeline network after a prewar transit deal expired at the end of...
Business

US Steel Acquisition Awaits Biden’s Decision After Panel Stalemate

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A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for...
Business

TikTok’s Fate in Question: Billionaire Frank McCourt Eyes a Potential Purchase

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With less than one month until TikTok could be banned in the United States, a billionaire is tossing his hat into the ring as...
Business

Retail Sales Climb Last Month, Signaling Strong Economic Momentum in the US

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Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday...
Business

Apple and Google Ordered by House Panel to Ready TikTok Ban Next Month

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House Committee members are urging the top executives of Apple and Google to be prepared to comply with a law that could result in...
Business

TikTok Warns U.S. Ban Could Cost Small Businesses and Creators $1.3 Billion in a Month

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TikTok warned that U.S. small businesses and social media creators would lose $1.3 billion in revenue and earnings in just one month if the...
Business

Venture Capitalist David Sacks Tapped for Trump Administration

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A venture capitalist who was a vocal supporter of Donald Trump during the campaign — and a critic of U.S. support for Ukraine —...
Business

China’s Chip Industry Faces New Hurdles as US Announces Restrictions

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The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip...
Business

Asian Markets Climb Following Wall Street Gains; Dollar Strengthens

TDB Editor -
Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the dollar bounced back from multiweek lows against the yen...
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