Tag: Casts

Asian business confidence rebounds sharply, pandemic casts shadow: Thomson Reuters/INSEAD survey

By Nikhil Nainan

BENGALURU, India (Reuters) – Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/INSEAD survey showed.

Asian firms’ outlook for the next six months tracked by the Thomson Reuters/INSEAD Asian Business Sentiment Index <.TRIABS> jumped to 53 in the third quarter from an 11-year low of 35 in the second, according to the survey of 103 companies across 11 Asia-Pacific countries.

It was also higher than the 50-point mark, which indicates a positive outlook.

The survey comes as the easing of coronavirus restrictions across Asia has reduced pressure on hard-hit economies, though the experience has varied across the region, with some still in recession and others, like China, seeing a steady recovery.

More than two-thirds of the companies polled said they saw the pandemic, or a fresh spike

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Chinese state media casts doubt over Beijing’s approval

China and U.S. flags are seen near a TikTok logo in this illustration picture taken July 16, 2020.

Florence Lo | Reuters

Chinese state media has accused the U.S. of “hooligan logic” in its push for certain conditions in the TikTok deal and cast doubt over whether Beijing will approve the terms.

State-backed Global Times appears to have changed its stance toward the deal after more confusion over the terms of the agreement in which a new U.S.-based company, called TikTok Global, will be set up with U.S. giants Walmart and Oracle taking minority stakes. 

The publication, often seen as being close to Beijing’s thinking, called the deal “unfair” on Monday and accused Washington of “bullying” and “hooligan logic” because of the specific terms of the deal.

The Chinese tabloid completely changed its tune just one day after saying it expects Beijing to approve the “reasonable” deal.

Confusion currently reigns

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Trump Casts New Doubt On Any Deal To Keep TikTok Alive In U.S. : NPR

Icons for the smartphone apps TikTok and WeChat are seen on a smartphone screen in Beijing. President Trump said he does not plan to support any deal to save TikTok in the U.S. that keeps China-based ByteDance as its majority owner.

Mark Schiefelbein/AP


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Mark Schiefelbein/AP

Icons for the smartphone apps TikTok and WeChat are seen on a smartphone screen in Beijing. President Trump said he does not plan to support any deal to save TikTok in the U.S. that keeps China-based ByteDance as its majority owner.

Mark Schiefelbein/AP

A plan to save popular video-sharing app TikTok in the U.S. is taking shape behind closed doors in Washington, though President Trump cast fresh doubt Wednesday that the deal as it stands would satisfy the White House.

The urgent talks are happening with only days to go before Trump’s executive order to shut down TikTok’s business in the

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Trump Vaccine Chief Casts Doubt on Coronavirus Vaccine by Election Day

Many hair salons in the Bay Area have been shuttered for months in accordance with health officials’ guidelines, although some opened their doors in recent weeks to protest the shutdowns.

On Tuesday, the day after Ms. Pelosi’s visit, the San Francisco Department of Public Health issued new guidance, saying hair salons in the county were allowed to provide some services to customers, but only outdoors.

The owner of e Salon SF, Erica Kious, told Fox News that the appointment had been arranged by a stylist who rented a chair at her establishment. “It was a slap in the face that she went in, you know, that she feels that she can just go and get her stuff done while no one else can go in, and I can’t work,” Ms. Kious said, referring to Ms. Pelosi.

Drew Hammill, a spokesman for Ms. Pelosi, said that she “always wears a mask

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