Author: Editor-In-Chief
Tesla and SpaceX CEO Elon Musk attends a state dinner between US President Donald Trump and Chinese President Xi Jinping held at the Great Hall of the People in Beijing on May 14, 2026.Brendan Smialowski AFP | Getty ImagesChinese President Xi Jinping told U.S. CEOs accompanying President Donald Trump that the door to doing business in China will “open even wider.” “President Xi said American companies are deeply involved in China’s reform and opening-up, and both sides are benefiting from this,” state-run Xinhua News Agency reported.Noting that China’s door will be opened wider, President Xi said that China welcomes the…
One day after US President Donald Trump’s visit to China for trade talks, he and Chinese President Xi Jinping toasted at a state dinner at the Great Hall of the People in Beijing, praising their relationship as the most “vital” in the world.On Thursday, after visiting the Temple of Heaven, a 600-year-old landmark in the Chinese capital, President Xi spoke of a “common future between the United States and China,” while warning that failing to address this bond would create a “very dangerous situation.”Recommended stories list of 3 itemsend of list”We have to make it work and never mess it…
london — Wes Streeting resigned as UK Health Secretary on Thursday, saying he had “lost faith” in Prime Minister Keir Starmer’s leadership and it would be “disgraceful and unprincipled” to remain in government. The move comes after several days of speculation about whether Mr Streeting will formally challenge Mr Starmer’s leadership of the Labor Party. Mr Streeting announced his resignation from the government in a letter to the prime minister, but did not explicitly say he would launch a leadership contest. To start the contest, Streeting needs the support of one-fifth of Labour’s MPs, currently 81 MPs. Mr Starmer has…
Technology giant Cisco is cutting fewer than 4,000 jobs, or about 5% of its workforce, despite reporting better-than-expected profits and sales in its fiscal third quarter. The network equipment maker said it would cut headcount in order to change its “cost structure” and invest in AI and cybersecurity. Cisco’s decision follows a recent trend in which technology companies increasingly cite AI spending priorities as a reason to lay off employees. Cloudflare and General Motors have laid off employees in recent days despite reporting strong financial results. Cisco said it plans to increase investment in cybersecurity as it continues to battle…
President Donald Trump and a parade of US business leaders arrived in Beijing for talks with Chinese President Xi Jinping on Wednesday, with market bulls following suit.Chinese stocks, ETFs and related themes posted the biggest gains in recent months. E-commerce giant stocks alibaba Stocks soared 8% and led a 2.5% rise despite earnings released this morning that fell short of most expectations. iShares China Large Cap ETF (FXI).Stock chart iconStock chart iconAlibaba, 5thAlibaba had about five times more call trades than puts, with more than 75,000 call purchases compared to less than 12,000 put purchases, according to ThinkOrSwim data. Of…
The summit between US President Donald Trump and Chinese President Xi Jinping could hinge on two key technology flashpoints: critical minerals and market access for US companies. The long-awaited bilateral talks between the two countries, which were locked in a tariff standoff exactly one year ago, began on Thursday, with warm words exchanged between the two leaders. Discussions will continue until Friday, and will also cover major geopolitical and trade topics between Taiwan and Iran. But the key debates and potential points of contention are those related to the high-tech sector of the United States and China, including the list…
David Ellison, Chairman and Chief Executive Officer of Paramount Skydance, Inc., heads to the State of the Union Address during a joint session of Congress at the U.S. Capitol on February 24, 2026, in Washington, DC.Anna Moneymaker | Getty ImagesThis was announced by a group of US and European lawmakers. paramount skydance CEO David Ellison talks about the company’s acquisition proposal warner bros discovery It said shareholder approval of the deal should not be considered final as it will be subject to careful scrutiny by European regulators.Three European Parliament members and two Democratic U.S. House members issued the warning in…
Kyiv, Ukraine — A major Russian attack targeted the Ukrainian capital Kiev overnight, killing at least seven people and injuring at least 44 others, Ukrainian authorities said. Ukrainian President Volodymyr Zelenskiy said Russia had launched more than 1,560 drones into Ukraine since the beginning of Wednesday, making it the largest airstrike on Ukraine in two days since the start of the war. President Zelenskiy announced on Thursday that 56 more missiles had been launched overnight. Air raid sirens continued to sound for about 11 hours into the night Wednesday, according to CNN’s ground team. At least six people were killed…
Thursday’s newspaper top news and transfer rumors…Anthony Gordon has agreed terms with Bayern Munich, but Newcastle will demand £75m to sign the forward – talkSPORT Chelsea and Manchester United are eyeing a move for Real Sociedad forward Ander Barrenetxea this summer – Marca Juventus advance contract talks with Liverpool goalkeeper Alisson – talkSPORTArsenal are keeping a close eye on Borussia Dortmund’s Jobe Bellingham ahead of a potential move to the Emirates this summer – TEAMTalk Paris Saint-Germain manager Luis Enrique has signed Gunners’ main summer transfer target Julian Alvarez as he aims for an early win against Arsenal ahead of…
An Allegiant Air plane lands at Harry Reid International Airport in Las Vegas on July 26, 2022.Chase Stevens | Las Vegas Review-Journal | Tribune News Service | Getty ImagesAllegiant Travel CompanyAcquisition of . sun country airlines Greg Anderson, CEO of the combined company, said Allegiant Air will continue to stand out despite industry turmoil, including rising jet fuel costs.”Our model was built to protect profits, not to chase growth,” Anderson said in an interview with CNBC. The Las Vegas-based airline announced in January that it had agreed to buy Minneapolis-based Sun Country for $1.5 billion in cash and stock, including…