Shanghai Daily: Business

• Trump signs order for virus relief after talks in Congress collapse
  US President Donald Trump has signed executive orders partly restoring enhanced unemployment payments to the tens of millions of Americans who lost jobs in the coronavirus pandemic, as the United States
• Twitter joins race to buy TikTok
  TWITTER Inc has approached TikTok’s Chinese owner ByteDance to express interest in acquiring the US operations of the video-sharing app, two people familiar with the matter told Reuters, as experts raised
• Canada to boost US tariffs in trade war
  Canada’s deputy prime minister says the country plans to impose C$3.6 billion (US$2.69 billion) of tariffs on US imports in response to President Donald Trump saying the US is reinstating a 10 percent
• Lobbying to lift restrictions
  CHIPMAKER Qualcomm Inc is lobbying the US government to revoke restrictions on sale of components to Huawei Technologies Co, after the Chinese company was blacklisted by the United States, The Wall Street
• Aramco Q2 profits plunge 73% as virus hits prices
  Saudi Aramco second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercut global demand.