President-elect Donald Trump will want to do a good deal with the UK, Chief Secretary to the Treasury Darren Jones has insisted. Jones, the chancellor’s second-in-command, said he was confident…
Category: Business News
USA: Trump launches cryptocurrency with price rocketing
US President-elect Donald Trump has launched his own cryptocurrency, which quickly soared in market capitalisation to several billion dollars. His release of the meme coin, $Trump, comes as he prepares…
USA: White House says TikTok warning it will go dark on Sunday is a ‘stunt’
The White House has said a warning by TikTok it will shut down in the US on Sunday unless tech firms get assurances they will not be punished for violating…
USA: CNN reaches $5m defamation settlement with US Navy veteran
A US Navy veteran who helped Afghans escape after the Taliban takeover in 2021 has won at least $5m (£4.1m) after a jury said he was defamed by American broadcaster…
USA: TikTok says it will ‘go dark’ on Sunday without US government action
TikTok has said it will be forced to “go dark” in the US on Sunday unless the government intervenes before a ban takes effect. In a statement late on Friday,…
Canada: ‘Nothing off the table’ in Canada’s response to US tariff threat
Canadian political leaders say “nothing is off the table” when it comes to responding to potential 25% tariffs from the US, days before they could come into force. But strains…
Japan: Toyota subsidiary Hino to settle emissions scandal for $1.6bn
Toyota subsidiary Hino Motors has agreed to pay $1.6bn (£1.3bn) and plead guilty to deceiving US regulators about the amount of emissions produced by its diesel engines. The truck company…
USA: IMF warns Trump’s plans could backfire on the US
The International Monetary Fund has warned that US economic policies under incoming president Donald Trump could hit the rest of the world and ultimately backfire on the US. The IMF…
USA: ‘Looking for my spy’-The jokes Americans and Chinese are sharing on ‘alternative TikTok’
A looming TikTok ban has connected Chinese and American citizens like never before, as they swap jokes and memes in what one user described as a “historic moment”. It’s all…
USA: Trump will ‘put measures in place’ to stop TikTok ban, top adviser says
US President-elect Donald Trump will find a way to save TikTok before a ban on the app is due to take effect this weekend, his incoming national security adviser has…