A bill that would force China’s ByteDance to divest ownership of the popular app has been passed by the House of Representatives TikTok is reportedly planning to legally challenge the US government if it passes a law that would require the app’s Chinese parent company to divest its ownership or face a complete ban of…

Italy’s UniCredit could reportedly face sanctions for continuing to do business in the country The European Central Bank (ECB) is planning to require UniCredit, Italy’s second-largest bank, to limit its business in Russia, Reuters reported on Friday, citing two unnamed people with knowledge of the discussions.

The country has enjoyed a rebound in consumption and an uptick in real wages, analyst Alfred Kammer has said The Russian economy will keep growing steadily in 2024, the head of the IMF’s European Department has predicted.