What does US ‘terrorist’ designation for Venezuela mean?
Washington’s designation of an alleged Venezuelan cartel as a foreign terrorist organization (FTO) takes effect on Monday, opening the door to new forms of US pressure on President Nicolas Maduro. The FTO list, which includes Islamist groups, separatists, guerrillas, and more recently, gangs and drug organizations from Mexico and Colombia, is overseen by the State […]
Asian stocks rise as US rate hopes soothe nerves after torrid week
Asian markets mostly rose Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride fuelled by worries of a tech bubble. The scramble to snap up all things AI has helped propel equities skywards this year, pushing several companies to records — with chip titan Nvidia last […]
Asian markets track Wall St down with Nvidia, US jobs in view
Asian stocks sank Tuesday, tracking more losses on Wall Street as investors grow increasingly worried about frothy tech valuations, with focus turned to earnings this week from AI chip titan Nvidia. Building anxiety that this year’s record rally linked to all things artificial intelligence has made some traders question whether the billions spent on the […]
US to cancel flights as longest govt shutdown drags on
US officials said the scheduled capacity for flights was being cut by 10 percent in 40 busy air traffic areas nationwide on Friday, as the longest government shutdown drags on. Federal agencies have been grinding to a halt since Congress failed to approve funding past September 30, with some 1.4 million federal workers, from air […]
Drugmaker AstraZeneca profit jumps as US business grows
British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and as the group zones in on the United States, pressured by President Donald Trump. Net profit jumped 77 percent to $2.53 billion in the third quarter compared with the July-September period one year earlier, AstraZeneca said in a statement. […]
Bridging Business and Humanity: How Natalia Denegri Redefined Success in the U.S.
Success is not just about fame or fortune – it’s about making a difference. Few people show that better than Natalia Denegri, an Argentine Italian entrepreneur, TV host, and philanthropist who turned her passion and determination into a platform for positive change. Based in South Florida for over a decade, Denegri has built two thriving […]
S. African president eyes better US tariff deal ‘soon’
South African President Cyril Ramaphosa said Wednesday that his country has advanced to “text-based” negotiations with Washington towards securing a better tariff deal — and hoped one would materialise “soon”. The South African government has been seeking to negotiate a better tariff deal with the United States, after US President Donald Trump’s administration hit the […]
Trump extends delay on US TikTok ban until mid-December
US President Donald Trump on Tuesday extended a delay on enforcing a ban against TikTok until December 16, marking the fourth postponement of a law designed to force the app’s sale from its Chinese owner. The announcement, made through an executive order, came despite Trump telling reporters Tuesday that the United States and China had […]
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,” […]
Trump, Intel announce deal giving US a 10% stake in chipmaker
Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald Trump announced Friday. The deal came after Trump’s administration said Intel should give Washington an equity stake in exchange for large grants committed when Joe Biden was president. Under the agreement, the US government will […]