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BUSINESS

BUSINESS latest

TikTok U.S. operations divested in $14B landmark deal with China
September 27th, 2025 - 11:27 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

TikTok U.S. operations divested in $14B landmark deal with China

ALBAWABA- In a high-profile move blending national security concerns with economic strategy, President Donald Trump signed an executive order approving a $14 billion deal to divest TikTok’s U.S. operations from Chinese parent ByteDance. The transaction transfers operational control and U.S. user data to American hands, averting a potential nationwide ban affecting the app’s 170 million U.S. users. President Donald Trump advanced plans for American investors to buy TikTok’s US operations ...
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Al Bawaba
November 15th, 2000 - 02:00 GMT

Saudi oil forum aims to bridge divide between producers and consumers

Al Bawaba
November 15th, 2000 - 02:00 GMT

Chirac Calls For Better Relations With OPEC

Al Bawaba
November 15th, 2000 - 02:00 GMT

Mega block trade lifts volume on Beirut Stock Exchange

Al Bawaba
November 15th, 2000 - 02:00 GMT

Venezuela's Alvarez ''we need a new benchmarking price reference reflecting the real market.''

Al Bawaba
November 15th, 2000 - 02:00 GMT

Venezuela PDVSA Cardon 38K B/D Distillate Unit Online Again

Al Bawaba
November 15th, 2000 - 02:00 GMT

Additional reserves found on Troll field

Al Bawaba
November 15th, 2000 - 02:00 GMT

Euro rises in Asia on intervention speculation

Al Bawaba
November 15th, 2000 - 02:00 GMT

Indian bank employees strike against privatization

Al Bawaba
November 15th, 2000 - 02:00 GMT

Euromed ministers convene against tense political backdrop

Al Bawaba
November 15th, 2000 - 02:00 GMT

Saudi industrial sector grew 5.5 percent in 1999

Al Bawaba
November 15th, 2000 - 02:00 GMT

Slight drop in Iraqi contracts blocked by UN sanctions committee

Al Bawaba
November 15th, 2000 - 02:00 GMT

India to press for cheaper oil for developing countries

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