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Pentagon invests $1bn in US missile motor unit of defence group L3 Harris

Deal marks government’s first direct-to-supplier agreement but raises questions over conflict of interest...

Jan 13Financial TimeseconomicsImpact

How US sanctions crippled lives of Iranians Trump says he wants to ‘help’

US sanctions have damaged Iran's economy, which was the reason the protests broke out in the first place....

Jan 13Al JazeeraPoliticsImpact

As Vietnam’s US trade surplus overtakes China, Trump replaces envoy to fix ‘imbalance’

The Trump administration plans to ‌replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus ‍with Washington surpassed China’s...

Jan 13South China Morning PostPoliticsImpact

Ledger said to be in talks with Goldman Sachs, Barclays on US IPO: FT

The Financial Times reports that Ledger is plotting a US IPO at a $4 billion valuation as hardware wallet demand rises amid growing crypto fraud and hacks....

1dCoinTelegraphcryptocurrencyImpact

TikTok sets up US unit under Trump deal but leaves core business with ByteDance

Video app launches US joint venture with American investors to enact deal criticised by China hawks...

1dFinancial TimesPoliticsImpact

Dollar and US stocks fall as Trump says ‘no going back’ on Greenland bid

European leaders criticise stance on Arctic island, with Macron taking aim at US president’s ‘useless aggressivity’...

4dFinancial TimesPoliticsImpact

EU ambassadors hold emergency meeting to discuss response to US tariff threats over Greenland

European Union ⁠leaders on Saturday warned of a "dangerous downward spiral" over US President Donald Trump's vow to implement increasing tariffs ​on European allies until the US is ‍allowed to buy Gre...

6dFrance 24PoliticsImpact

Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....

Jan 15CoinTelegrapheconomics

Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...

Jan 14South China Morning PostTechnologyImpact

Russian oil firm says it will keep its Venezuela assets after US military operation

Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...

Jan 14Business InsiderPoliticsImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

Jan 13Business InsidereconomicsImpact

Venezuela opens debate on an oil sector overhaul as Trump seeks role for US firms

Venezuela's legislature advanced a bill on Thursday to loosen state control over the country's vast oil sector, the first major overhaul since parts of the industry were nationalized in 2007. (Image c...

1dNPR NewsPoliticsImpact

Trump "does not appear to give regard to US softpower" as he addresses economic leaders

US President Donald Trump gave a long-awaited speech at the World Economic Forum in Davos on the US economy, while addressing Greenland, NATO and lambasting US allies. He said he does not want to use ...

3dFrance 24PoliticsImpact

Harbour BioMed stake in US drug firm Spruce shows Chinese firms’ growing clout, analysts say

Shanghai-based Harbour BioMed’s acquisition of a stake in US-based Spruce Biosciences is the latest example of China’s novel drug developers progressing from one-time licensing deals into long-lasting...

3dSouth China Morning PosteconomicsImpact

Trump says tariffs a possibility for countries that oppose US push for control of Greenland

Donald Trump said he may put a tariff on countries that 'don't go along with Greenland,' as he reiterated his demand for US control of the Danish territory. DW has the latest....

Jan 16Deutsche WellePoliticsImpact

The US claims it just strongarmed Taiwan into spending $250 billion on American chip manufacturing

The US just lowered Taiwan's tariffs in exchange for a massive domestic chipmaking promise, the Commerce Department announced on Thursday . Under the deal, tariffs on goods from Taiwan will decrease f...

Jan 15The VergePoliticsImpact

Read the memo TikTok's CEO sent staff after closing a deal to avoid a US ban

TikTok's CEO Shou Chew Tom Williams/CQ-Roll Call, Inc via Getty Images TikTok has finalized a deal to keep its business operating in the US. The deal, a US joint venture, involves a new set of investo...

1dBusiness InsiderPoliticsImpact

Citadel CEO Ken Griffin says Trump's tariffs have landed the US in a 'pretty unfortunate position'

Ken Griffin, CEO of Citadel. Fabrice COFFRINI / AFP via Getty Images Ken Griffin, CEO of Citadel, gave his two cents on Trump's key economic policies. Tariffs have led to higher inflation and disrupte...

3dBusiness InsiderPoliticsImpact

Trump hopes to chart course for Greenland to join the US as he head for Davos

Trump is arriving for the World Economic Forum at Davos on the heels of threatening tariffs on Denmark and seven other allies unless they negotiate a transfer of the semi-autonomous territory — a conc...

3dFrance 24PoliticsImpact
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