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TikTok 'confident' of stopping Montana ban: CEO
TikTok 'confident' of stopping Montana ban: CEO
Business and Economy
by  AFP

TikTok is confident of stopping a ban in the US state of Montana, its CEO said on Tuesday, after the Chinese-owned social media app launched a legal challenge. The video-sharing app, owned by Chinese firm ByteDance, is accused by a swathe of US politicians of being under the tutelage of the Chinese government and a tool of espionage by Beijing, something the company furiously denies. th/kir

Eurozone economic growth slows in May
Eurozone economic growth slows in May
Business and Economy
by  AFP

Economic growth in the eurozone edged down in May to a three-month low because of a drop in industrial production, according to a closely watched survey published on Tuesday. Data from the flash Eurozone purchasing managers' index (PMI) survey published by S&P Global fell to 53.3 in May from 54.1 in April.

'Worst yet to come' for Europe energy shortages: Qatar minister
'Worst yet to come' for Europe energy shortages: Qatar minister
Business and Economy
by  AFP

Qatar's energy minister warned on Tuesday the "worst is yet to come" for Europe's oil and gas shortages, saying a warm winter had prevented greater difficulties in recent months. "The only thing that saved humanity and Europe this year was a warm winter, and the slowdown in the economy," Qatari Energy Minister Saad Al-Kaabi told the Qatar Economic Forum.