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…
Category: Business News
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…
UK: Threat of US tariffs leaves local exporters ‘nervous’
Two business owners who export to the United States say they could be negatively affected if President Trump carries out his threat to impose tariffs on UK products. Tom Warner,…
China: Fashion giant Shein re-enters India five years after ban
Chinese fast fashion app Shein has relaunched in India five years after it was banned by Delhi, under a deal with Indian firm Reliance Retail. An official from Reliance Retail,…
USA: Marco Rubio demands Panama ‘reduce China influence’ over canal
US Secretary of State Marco Rubio has demanded that Panama make “immediate changes” to what he calls the “influence and control” of China over the Panama Canal. America’s top diplomat…
USA. Musk team given access to sensitive federal payment system – reports
The Trump administration has given billionaire Elon Musk’s deputies access to the federal payments system that controls the flow of trillions of dollars in government funds every year, US media…
USA: Rubio lands in Panama as Trump threatens to ‘take back’ canal
United States Secretary of State Marco Rubio has kicked off his first official foreign trip with a stop in Panama, a longtime US ally shaken by President Donald Trump’s extraordinary threat…
USA: Global alarm, condemnation as Trump tariffs hit Mexico, Canada and China
A barrage of condemnation has rained down on United States President Donald Trump following his decision to impose stiff tariffs on imports from neighbouring countries, Mexico and Canada, as well as its…