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PRESS DIGEST- New York Times business news – Aug 31

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Aug 31 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

– China updated its export control rules to cover a variety of technologies it deemed sensitive, including technology that sounded much like TikTok’s personalized recommendation engine, in a last-minute assertion of authority by Beijing to raise a potential hurdle for a sale of TikTok, further roiling the race to buy the Chinese-owned app. https://nyti.ms/3bc1f9J

– An industry group representing the world’s largest chemical makers and fossil fuel companies, American Chemistry Council, is lobbying to influence United States trade negotiations with Kenya, one of Africa’s biggest economies, to reverse its strict limits on plastics, according to documents reviewed by the New York Times. https://nyti.ms/2EJ9A8X (Compiled by Bengaluru newsroom)

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