Business

Facebook has defended its policy on political advertisements, despite widespread criticism that the platform enables politicians to spread misinformation. The company's official Rob Leathern urged legislators to develop comprehensive digital advertising regulations, arguing that private companies should not solely determine political ad guidelines.

The United States and China signed the Phase 1 trade deal and agreed to resume their Comprehensive Economic Dialogue. Led by Treasury Secretary Steven Mnuchin and Vice Premier Liu He, these semi-annual talks aim to resolve economic disputes and reform trade relations after a prolonged trade war.

The Philippines has removed restrictions on agricultural and seafood imports from Fukushima, Ibaraki, Tochigi, and Gunma prefectures. Foreign Affairs Secretary Teodoro Locsin Jr. announced the end of radiation test requirements, paving the way for Japanese food to reach Filipino consumers once again.

World stocks climbed to record levels as Middle East tensions decreased. Investors shifted attention to global growth, employment data, and the technology sector. MSCI's global shares index showed gains across 49 countries, with Asian markets and U.S. stocks, particularly tech shares, experiencing significant growth.- EXCERPT: Summarizes the core content within 100 words, highlighting key points- Maintains SEO best practices by focusing on clarity, relevance, and information density

President Trump boasts about US economic growth, highlighting over 7 million new job opportunities since 2016, tax cuts, and the replacement of NAFTA with the USMCA trade agreement during a Toledo, Ohio campaign rally.

Electric car manufacturer Tesla achieved a historic milestone by exceeding the combined market value of Ford and General Motors, delivering 367,500 vehicles worldwide in 2019 and demonstrating significant growth in automotive innovation.

China's new Foreign Investment Law removes barriers for financial firms, promises more market access for foreign companies across manufacturing and service sectors, signaling significant economic policy shift.

IKEA has agreed to pay $46 million to the family of Jozef Dudek, a 2-year-old boy who died in 2017 when an unsecured dresser tipped over, causing fatal neck injuries. The lawsuit highlighted the company's failure to ensure product stability and wall-mounting safety for furniture.

At CES 2020, top TV makers like LG, Samsung, Sony, and TCL unveiled cutting-edge televisions featuring high-definition displays, AI technology, integrated voice assistants, and smart device control, targeting internet-savvy consumers with enhanced multimedia experiences.

Australia's bushfires have triggered a massive economic crisis, with businesses facing over $2 billion in damages. Tourist parks, factories, and infrastructure have been severely impacted, while smoke haze reduces national productivity and forces residents and tourists away from affected regions.