Bloomberg Business

TikTok CEO Shou Chew to Face Lawmakers Calling for US Ban

The Republican chair of the committee that will hear from TikTok’s chief executive officer on Thursday plans to tell him that his app should be banned in the US and its popularity exposes a vulnerability that could be exploited by China.

Norway Raises Rate to 3% and Signals More Hikes From May

(Bloomberg) — Norway’s central bank raised its key interest rate to the highest level since 2009 and delivered a hawkish message of further tightening, citing recent currency weakness and a better-than-expected economy.

UK Looks to ‘Imminently’ Join Trans-Pacific Trading Block

The UK hopes to join an 11-nation trans-Pacific trading bloc in the near future as it seeks to broaden commercial ties with the rest of the world in the wake of leaving the European Union, Business and Trade Secretary Kemi Badenoch said.

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