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…
Category: Business News
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…
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…