TikTok and its Chinese parent company ByteDance have filed a petition with a US court, seeking to block a law that forces them to sell the social media app to a non-Chinese buyer or face a ban. They argue the legislation is unconstitutional, setting the stage for a historic legal battle. But first, China's President Xi Jinping has arrived in Serbia on the second leg of his European tour. He expects to receive a much warmer welcome than he did in France.

The Netherlands has always been known as a business-friendly country. But the country looks set to become a lot less hospitable following the result of November’s elections, in which the far right won the most votes. The four parties seeking to form a government have vowed to limit immigration, hitting both high-tech workers and students. Companies have started to voice their concern and some are even threatening to leave the country.

Nigeria has announced plans to delist the naira from all peer-to-peer (P2P) platforms. According to the Director General of the Securities and Exchange Commission, the move is to tackle the manipulation of the local currency’s value in the foreign exchange market.