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Worsening U.S.-China Tensions Put Companies in Crosshairs Bloomberg 1/12/2021 Bloomberg News (Bloomberg) -- The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious U.S.-China relationship. After a week of widespread confusion over the scope of a U.S. ban on investments in businesses linked to China’s military, both Washington and Beijing took steps over the weekend that threaten to further ratchet up tensions and cloud the outlook for cross-border commerce. Secretary of State ...

Worsening U.S.-China Tensions Put Companies in Crosshairs Bloomberg 1/12/2021 Bloomberg News (Bloomberg) -- The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious U.S.-China relationship. After a week of widespread confusion over the scope of a U.S. ban on investments in businesses linked to China’s military, both Washington and Beijing took steps over the weekend that threaten to further ratchet up tensions and cloud the outlook for cross-border commerce. Secretary of State ...

Chinese owner ByteDance has not disclosed global figures. Video-sharing app has been rapidly expanding in U.K. PorEl Intransigente 24 diciembre, 2020 TikTok’s U.K. business recorded a $119.5 million loss over 2019, driven by advertising and marketing expenses, giving a rare insight into how rapidly the video-sharing app is expanding. ByteDance Ltd., its Chinese parent company, has not disclosed global revenue figures, but U.K. sales amounted to $20 million over 2019, according to the latest company filings made this week. Sales and marketing expenses came to $109 million over the year. The...