Panama President José Raúl Mulino has accused the US of spreading “lies and falsehoods” after the US State Department claimed American government vessels were no longer required to pay a…
Category: Business News
USA: Judge halts Trump’s government worker buyout plan
A federal judge has temporarily halted President Donald Trump’s plan to offer a resignation package to federal employees. The White House had said that more than 40,000 US government workers…
India: Carmaker Kia becomes latest global firm to face tax trouble
Indian tax authorities have sent a confidential notice to South Korean car maker Kia Motors accusing it of evading millions of dollars in taxes. The amount could be as high…
Panama: Authorities deny US claims over free canal passages
Panama has denied making changes to allow US government vessels to transit the Panama Canal for free, following White House claims it had agreed to such a move. The State…
USA: Elon Musk is remaking government
After days of speculation over the precise role the world’s richest man would play in Donald Trump’s White House – how much power he would hold, whether he is a…
USA: Tens of thousands of federal workers accept Trump resignation offer
Tens of thousands of US government workers have reportedly accepted an offer from the Trump administration to resign in exchange for continued pay until 30 September. Some two million federal…
USA: Google joins firms dropping diversity recruitment goals
Google has become the latest big US firm to scrap its goals to recruit more workers from underrepresented groups, BBC News understands. The decision to abandon the diversity, equity, and…
USA: Postal Service halts China parcels after Trump tariffs
The US Postal Service (USPS) said it has stopped accepting parcels from mainland China and Hong Kong until further notice. Letters will not be affected by the suspension, said the…
USA: Sovereign wealth fund could buy TikTok, Trump says
US President Donald Trump has taken the first step towards setting up a sovereign wealth fund for the United States, and suggested that it could end up buying TikTok. The…
South Africa: President Cyril Ramaphosa calls Musk to calm Trump land row
South Africa’s President Cyril Ramaphosa has moved to defuse a row with the new US administration over a new land law by speaking to Elon Musk. Mr Musk is a…