Bloomberg Tech

US Criticizes China’s Pattern of Moves Against Foreign Firms

The Biden administration criticized Beijing for measures it took against American and other foreign companies in China, with a US official saying the actions are worrisome and inconsistent with pledges from Chinese officials to maintain an open business environment.

THG Strikes Fresh Deal for Online Beauty Commerce : The London Rush

The week draws to an end with a sense of calm in the London market ahead of a four-day Easter break. In a sparse morning for corporate updates, THG announced a deal that could boost its Ingenuity platform, a higher-margin unit which helps rival retailers sell online. In Westminster, officials are still dealing with the fallout from a scandal at Britain’s best-known business group.