Bernd Debusmann Jr at the White House and Lily Jamali in San Francisco US President Donald Trump has said that he and his Chinese counterpart Xi Jinping approved a deal on the future of TikTok’s US operations during a phone call on Friday, although there was no confirmation from Beijing. Trump wrote on Truth Social
H-1B: Trump adds $100,000 fee for skilled worker visa applicants
Bernd Debusmann Jr at the White House and Danielle Kaye Business reporter US President Donald Trump has signed an executive order that will add a $100,000 (£74,000) annual fee for applicants to the H-1B visa programme for skilled foreign workers. Trump’s order mentions “abuse” of the programme and will restrict entry unless payment is made.
TikTok: China is calling it a win. What’s in it for them?
Suranjana Tewari Asia Business Correspondent and Osmond Chia Business reporter Getty Images A much-awaited deal over TikTok may be close, with US President Donald Trump and his Chinese counterpart Xi Jinping set to discuss terms on Friday. Top officials from both sides struck a “framework” agreement this week, which reports suggest could see TikTok’s US
Spain counts the cost of “nightmare” wildfire summer
Guy Hedgecoe Business reporter, Porto de Sanabria, north-western Spain Guy Hedgecoe A firefighter plane drops water on a recent wildfire José Antonio Bruña, a honey producer, is standing on a hillside where he keeps his beehives near the small Spanish village of Porto de Sanabria. He points to the exact spot, a few hundred metres
Why hackers are targeting the world’s shipping
Emma Woollacott Technology reporter Getty Images The world’s shipping industry is increasingly being hit by cyber attacks Lawyer Henry Clack sadly knows a lot about Nigerian criminal gangs. Mr Clack, a solicitor at London-based commercial law firm HFW, has to deal with them when he is representing global shipping firms that have found themselves victims
Facebook owner Meta unveils new AI-powered smart glasses
Lily Jamali North America Technology Correspondent, Menlo Park, CA Reuters Meta boss Mark Zuckerberg unveiled the new smart glasses on Wednesday Meta has unveiled a new range of smart glasses powered by its artificial intelligence (AI) tech, as it expands its bet that they will be a must-have accessory for users around the world. At
Could the Federal Reserve interest rate cut boost the US housing market?
Danielle Kaye Business reporter EPA-EFE/REX/Shutterstock A picture taken with a drone shows single-family homes in Woodbridge, Virginia, USA, 02 January 2024. Aileen Barrameda is planning to buy a house in Los Angeles in the coming months. Stubbornly high mortgage rates – twice what she locked in at the start of the coronavirus pandemic – are
Priscilla Presley reveals Elvis once called her while she was in bed with Robert Kardashian
Priscilla Presley is sharing intimate details about her romance with Robert Kardashian. In her upcoming memoir, “Softly, As I Leave You: Life After Elvis,” Priscilla claims her famous ex-husband once rang her up at 2 a.m. while she was in bed with the late Kardashian patriarch — though the King of Rock ‘n’ Roll wasn’t
Carrie Underwood shares emotional tribute to songwriter Brett James after ‘unfathomable’ death
Carrie Underwood shared an emotional tribute to songwriter Brett James after his “unfathomable” death on Thursday at the age of 57. The two collaborated on many songs together, most famously “Jesus, Take the Wheel,” the first single off of Underwood’s debut album in 2005. “The loss of Brett James to his family, friends and our
Prince Harry drops major hint that he and Meghan Markle are planning to move back to UK
Prince Harry could be heading back across the pond. The Duke of Sussex dropped a major hint that he and wife Meghan Markle are considering returning to his home country while chatting with Joss Stone at London’s WellChild Awards last week. The singer, 38, told Hello! magazine on Monday that the royal, 41, spoke with
