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BUSINESS MAVERICK: Cartoon Thursday with RicoShare to Facebook Facebook Share to Twitter Twitter Share to Email App Email App Share to WhatsApp WhatsApp Hide
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Business Maverick: US demands TikTok’s Chinese owners sell stakes or face banThe US has told TikTok’s owners in China to sell their shares or risk a ban of the popular video-sharing app, people familiar with the matter said, a major escalation in the long-running standoff over privacy concerns around Chinese control of its data and algorithm.
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Business Maverick: Credit Suisse Seeks Circuit Breaker With $54 Billion LineCredit Suisse Group AG sought to arrest a collapse in investor confidence Thursday by opening a 50 billion Swiss franc ($54 billion) credit line with the country’s central bank and offering to buy back debt, as executives and government officials plot the next steps for the troubled lender.
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Business Maverick: What Would Happen if South Africa’s Electricity Grid CollapsedWith South Africa enduring record power outages, the government has given assurances that the electricity grid won’t be allowed to collapse. Yet increasing numbers of businesses are preparing for that very eventuality.
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Business Maverick: UK passport renewals face five weeks of strikes ahead of summerBritons hoping to renew their passports face the prospect of lengthy delays, with workers planning to walk out for five weeks ahead of the summer travel season.
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Business Maverick: ICC Issues War Crimes Arrest Warrant for PutinChina announced that Xi Jinping will travel to Russia on a three-day state visit starting on Monday, his first trip there since Kremlin forces invaded Ukraine and a strong show of support for President Vladimir Putin. Xi and Putin are expected to discuss Beijing’s 12-point blueprint for ending the war, a document dismissed by most Western governments.
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