Trump's victory
Analyst: Trade war hurts China more than US
China will try to negotiate with the US to avoid a trade war, several analysts told Reuters.
- We have to see this as an opening bid in what is likely to turn into a negotiation in the end, says HSBC's economist Fred Neumann to the news agency.
Oxford researcher George Magnus says China is better equipped for a trade war than the last time Donald Trump was president. At the same time, the country remains dependent on high-tech equipment from the United States.
China ready to negotiate: "Breathing a sense of concern"
China's leader Xi Jinping is ready to negotiate with the United States to avoid a trade war, writes CNBC. In a letter to the US-China Trade Council, the president writes that both sides should "choose dialogue over confrontation" and "a win-win cooperation over a zero-sum game".
At the same time, Xi reiterates that China's market should be open to foreign companies, including American ones.
Recent public statements on the same theme breathe a "sense of concern," according to Albright Stonebridge senior counsel Kenneth Jarett.
- This may mean that Chinese authorities lack direct channels to Trump's new team, he tells the channel.
Analyst: Trade war hurts China more than US
China will try to negotiate with the US to avoid a trade war, several analysts told Reuters.
- We have to see this as an opening bid in what is likely to turn into a negotiation in the end, says HSBC's economist Fred Neumann to the news agency.
Oxford researcher George Magnus says China is better equipped for a trade war than the last time Donald Trump was president. At the same time, the country remains dependent on high-tech equipment from the United States.
China ready to negotiate: "Breathing a sense of concern"
China's leader Xi Jinping is ready to negotiate with the United States to avoid a trade war, writes CNBC. In a letter to the US-China Trade Council, the president writes that both sides should "choose dialogue over confrontation" and "a win-win cooperation over a zero-sum game".
At the same time, Xi reiterates that China's market should be open to foreign companies, including American ones.
Recent public statements on the same theme breathe a "sense of concern," according to Albright Stonebridge senior counsel Kenneth Jarett.
- This may mean that Chinese authorities lack direct channels to Trump's new team, he tells the channel.
Sources: Won't be "Trump Force One" - not in time
It looks like there will be no "Trump Force One" during Donald Trump's second term. This is stated by sources for the WSJ.
Work on the new presidential plane has been beset by delays, with the delivery of the new Boeing engines said to be a major headache. The project is now so far behind schedule that it looks like it won't be finished until 2029 or later.
According to the newspaper, Trump has recently been in contact with Boeing CEO Kelly Ortberg about the plane's status. He is also said to have asked his advisers "on several occasions" about the status of the project.
The production of a new Air Force One did not finish during Trump's first term either.
It looks like there will be no "Trump Force One" during Donald Trump's second term. This is stated by sources for the WSJ.
Work on the new presidential plane has been beset by delays, with the delivery of the new Boeing engines said to be a major headache. The project is now so far behind schedule that it looks like it won't be finished until 2029 or later.
According to the newspaper, Trump has recently been in contact with Boeing CEO Kelly Ortberg about the plane's status. He is also said to have asked his advisers "on several occasions" about the status of the project.
The production of a new Air Force One did not finish during Trump's first term either.
The new obesity drugs
Study: Ozempic may increase risk of rare eye disease
Diabetes patients using Novo Nordisk's Ozempic were more than twice as likely to develop the rare eye disease naion. This is shown by a new study that confirms the findings in a report from Harvard earlier this year, writes Bloomberg. According to the researchers, patients should be aware of the risk, even if it is still very small.
At the same time, the study could not establish whether the closely related obesity medicine Wegovy had the same effect.
Naion affects the front part of the optic nerve and can lead to blindness.
Novo's stock was pressured on Friday, closing nearly 4 percent lower.
The tours around Tiktok
Apple and Google are urged to be ready to block Tiktok
A committee in the US House of Representatives urges the CEOs of Apple and Google to be ready to throw the video app Tiktok out of their app stores, writes CNBC.
A court last week upheld an earlier decision that owner Bytedance must sell Tiktok's American division by January 19. In the letter on Friday, lawmakers Tim Cook and Sundar Pichai remind that it will then be illegal to provide the app.
Tiktok argued in court that the new law prevents 170 million users from exercising their freedom of expression. But according to the court, the argument about the security of the kingdom weighed more heavily.
Tiktok has subsequently requested that the law be paused so that it can be reviewed by the US Supreme Court.
Study: Ozempic may increase risk of rare eye disease
Diabetes patients using Novo Nordisk's Ozempic were more than twice as likely to develop the rare eye disease naion. This is shown by a new study that confirms the findings in a report from Harvard earlier this year, writes Bloomberg. According to the researchers, patients should be aware of the risk, even if it is still very small.
At the same time, the study could not establish whether the closely related obesity medicine Wegovy had the same effect.
Naion affects the front part of the optic nerve and can lead to blindness.
Novo's stock was pressured on Friday, closing nearly 4 percent lower.
The tours around Tiktok
Apple and Google are urged to be ready to block Tiktok
A committee in the US House of Representatives urges the CEOs of Apple and Google to be ready to throw the video app Tiktok out of their app stores, writes CNBC.
A court last week upheld an earlier decision that owner Bytedance must sell Tiktok's American division by January 19. In the letter on Friday, lawmakers Tim Cook and Sundar Pichai remind that it will then be illegal to provide the app.
Tiktok argued in court that the new law prevents 170 million users from exercising their freedom of expression. But according to the court, the argument about the security of the kingdom weighed more heavily.
Tiktok has subsequently requested that the law be paused so that it can be reviewed by the US Supreme Court.
USA:s högsta domstol.
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