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Tag: Administration

Exclusive: China agrees with U.S. to release oil reserves near Lunar New Year

China will release crude oil from its national strategic stockpiles around the Lunar New Year holidays that start on Feb. 1 as part of a plan coordinated by the United States with other major consumers to reduce global prices, sources told Reuters.

U.S. FAA issues impact notices on 5G wireless aviation

The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics.

White House will meet execs from Apple, Amazon, IBM to discuss software security

The White House will meet executives from leading tech firms, including Alphabet-owned Google (GOOGL.O), Apple Inc (AAPL.O) and Amazon.com Inc , on Thursday to discuss software security after the United States suffered several major cyberattacks last year.

China to order cybersecurity reviews for some firms seeking overseas listings

China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector.

U.S. Supreme Court to take up Biden vaccine mandate cases

The U.S. Supreme Court agreed on Wednesday to take up disputes over the Biden administration’s nationwide vaccine-or-testing COVID-19 mandate for large businesses and a separate vaccine requirement for healthcare workers.

U.S. to be world’s biggest LNG exporter in 2022

The United States is set to become the world’s biggest liquefied natural gas (LNG) exporter in 2022, surpassing Qatar and Australia, and may hold that title for years to come.

White House looks to boost U.S. trucking industry

The Biden administration is meeting with the trucking industry on Thursday as it looks to help add new drivers to a key part of U.S. supply chains.

Oil rises towards $75 as U.S. demand and Fed outweigh virus concern

Oil rose towards $75 on Thursday supported by record U.S. implied demand and falling crude stockpiles, even as the spread of the Omicron coronavirus variant threatens to put a brake on consumption globally.

Cowed by Chinese regulators, Didi plans to delist from New York months after debut

Ride-hailing giant Didi Global (DIDI.N) said it will delist from the New York stock exchange just five months after its debut and pursue a listing in Hong Kong – having raised the ire of Chinese regulators for ignoring a request to put its U.S. IPO on hold.

China fines social media firm Douban for ‘unlawful’ release of information

The Cyberspace Administration of China (CAC) said on Thursday it had summoned and fined social media company Douban over unlawful release of information, as Beijing steps up efforts to control and “clean up” the internet space.

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