Trump allies to control TikTok under new US deal
Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see Chinese ownership reduced to 20 percent and put control in the hands of the president’s allies. At a signing ceremony at the White House, Trump said the US version of the app would […]
Trump urges Microsoft to fire ex-Biden administration official
US President Donald Trump called on Microsoft on Friday to fire its head of global affairs, Lisa Monaco, a former senior official in Democratic administrations. “It is my opinion that Microsoft should immediately terminate the employment of Lisa Monaco,” Trump said in a post on Truth Social. Since taking office in January, the Republican president […]
GSK switches CEO as Trump tariffs test pharma
British pharmaceutical giant GSK on Monday said longtime chief executive Emma Walmsley will be replaced by its chief commercial officer in January, as the company navigates US tariffs on the sector. Luke Miels will take over on January 1 from Walmsley, who will have been at the helm for almost nine years, GSK said in […]
Trump health misinformation swirls despite denial
From manipulated images to out-of-context photos, false claims that Donald Trump is seriously ill — or even dead — have swirled online, with the misinformation persisting even after the US president publicly rejected it on Tuesday. At a White House press conference, Trump dismissed social media rumors about his health as “fake news,” following the […]
Trump’s pick for US Fed governor vows to uphold independence
Donald Trump’s pick to join the Federal Reserve’s board of governors pledged Thursday to uphold US central bank independence if confirmed, as the institution faces growing political pressure from the president to slash interest rates. “The Federal Open Market Committee is an independent group with a monumental task, and I intend to preserve that independence,” […]
Intel Reaches $8.9 Billion Deal to Sell U.S. Government a 10% Stake
In a move reminiscent of past government rescues of major industries, Intel has agreed to sell a 10 percent ownership stake to the U.S. government for $8.9 billion. The deal marks one of the most significant federal interventions in a private company since the auto industry bailout following the 2008 financial crisis. President Trump announced […]
Trump’s tariffs drown Brazil’s fish industry
When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President Donald Trump’s stiff tariffs. Fish are one of the Brazilian products subject to a whopping 50 percent levy imposed by Washington a week […]
Asia stocks up, oil down before Trump-Zelensky talks
Asian stocks were mostly higher Monday while oil dipped ahead of talks between Donald Trump, Ukrainian President Volodymyr Zelensky, and European leaders in Washington. US President Trump met Russian President Vladimir Putin in Alaska on Friday, but the summit failed to yield any breakthrough on a ceasefire in Ukraine. Zelensky, who will be joined in […]
Trump says dealing ‘nicely’ with China as tariff deadline looms
President Donald Trump said Monday that the United States has been “dealing very nicely with China” — while Beijing said it was seeking positive outcomes — hours before a tariff truce between both countries was due to expire. While the United States and China slapped escalating tariffs on each other’s products this year, reaching prohibitive […]
Trump meets with Intel CEO after demanding he resign
US President Donald Trump on Monday said he had a “very interesting” meeting with the chief of US chip maker Intel, just days after calling for his resignation. Trump said on his Truth Social platform that he met with Lip-Bu Tan along with Secretary of Commerce Howard Lutnick and Secretary of Treasury Scott Bessent. “The […]
