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US-based Warner Music invests in Saudi billionaire’s Rotana Music

American multinational entertainment and record label conglomerate Warner Music Group has invested in Saudi billionaire Prince Alwaleed Bin Talal’s Rotana Music, the largest record...

Nestle to sell bottled water business in US, Canada as part...

The Switzerland-based food and drink processing conglomerate Nestle has agreed to sell its bottled-water business in the US and Canada to private-equity firm One...

TikTok makes massive comeback in US as Biden administration eases ban...

To say that it was a tough year for China’s ByteDance-owned short video platform TikTok would be an understatement. The once highly popular app continues...

TikTok plans eCommerce expansion in US to take on Facebook

China-based short video platform TikTok is planning an aggressive expansion into eCommerce in the US, where it will take on social media giant Facebook. The...

US opioid crisis: McKinsey to settle accusations by paying $573mn

Global consulting firm McKinsey & Co. will pay $573 million to US states and settle claims that it contributed to the country's deadly opioid...

China overtakes US to become world’s most favorite FDI destination

As the COVID-19 pandemic boosted an eastward shift in the center of gravity of the global economy, China overtook the US as the world's...

Trump wants US govt to limit procurement of Chinese goods and...

In another action against China days before he leaves office, US President Donald Trump has directed government departments to look at ways to minimize...

France’s Total becomes 1st energy major to quit key US oil...

Total, the petroleum refining company of France, has become the first major global energy company to exit the key US oil and gas lobby...
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