China’s industrial earnings fell for a second straight month, with authorities set to intensify their drive to rein in excessive competition that’s dragging down prices and compounding the pain from US tariffs. Industrial profits dropped 4.3% last month from a year earlier, after a contraction of 9.1% in May, according to data released Sunday by…
United States President Donald Trump says he has spoken with the leaders of Cambodia and Thailand in a bid to end their border fighting, on the second day of his golfing trip in Scotland, where he owns and is promoting two courses. “Just spoke to the Prime Minister of Cambodia relative to stopping the War…
The entertainment company Paramount Global is expected to close its $8bn merger agreement with Skydance Media on August 7, a date that marks two weeks after the administration of President Donald Trump gave its approval. On Friday, the two companies announced the final stage of the yearlong deal, which was first unveiled in July 2024….
Open this photo in gallery: Federal Reserve Chairman Jerome Powell. The Fed is widely expected to hold interest rates steady in its monetary policy decision on Wednesday.Julia Demaree Nikhinson/The Associated Press A looming U.S. deadline for more severe global tariffs is among a barrage of upcoming events threatening to disrupt an increasingly calm U.S. stock…
US president says chances of reaching a trade deal with the EU are ’50-50′ ahead of his August 1 tariff deadline. United States President Donald Trump has arrived in Scotland, where he is set to meet with European and British leaders for trade negotiations and visit his golf courses. Trump landed in the United Kingdom…
Elon Musk’s brain implant company Neuralink Corp. is collaborating with researchers in California and Spain on a clinical trial to study visual prosthetics. Neuralink’s participation in the trial was disclosed in late July on ClinicalTrials.gov, a government website listing medical studies. The study is sponsored by the University of California at Santa Barbara. Source link
WASHINGTON — President Trump said Thursday he has no interest in stripping Elon Musk-owned companies of billions in federal money — adding that he wants the former “first buddy” to “thrive.” “Everyone is stating that I will destroy Elon’s companies by taking away some, if not all, of the large scale subsidies he receives from…
EU bosses Ursula von der Leyen and Antonio Costa are in Beijing on Thursday for talks with top Chinese leaders over areas of friction from trade to the Ukraine war — with low hopes of a breakthrough on any front. Beijing has sought to draw the European Union closer as it positions itself as a…
The administration of President Donald Trump has announced that the United States will end its involvement with the United Nations Educational, Scientific and Cultural Organization (UNESCO) over its decision to admit the State of Palestine as a member. The decision to leave the agency, announced on Tuesday, is to take effect in December 2026. In…
The United States will require international visitors to pay a new “visa integrity fee” of at least $250, added to existing visa application costs, according to a provision in the Trump administration’s recently enacted domestic policy bill. The fee will apply to all visitors who are required to obtain nonimmigrant visas to enter the United…