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US to press ahead with TikTok ban if China keeps tariff, tech demands

US and China delegations are discussing the divestment from TikTok by Chinese owner Bytedance as part of a round of broader talks on tariffs and economic policy taking place in Madrid

Trump to hold call with Xi on Friday as TikTok deal framework is finalised

US Trade Representative Jamieson Greer, also speaking in Madrid on Monday, indicated that another extension in the pause on the highest tariff levels is possible when the November deadline arrives

Blackstone to acquire Pennsylvania gas power plant in $1 billion deal

US power demand is projected to reach record levels in 2025, driven by data centers for AI and cryptocurrency technologies, as well as higher residential and commercial consumption

S&P 500, Nasdaq hit record highs at start of Fed meeting week; Tesla gains

The electric vehicle maker jumped 5.8% to its highest level since late January after regulatory filings revealed Musk had acquired nearly $1 billion worth of Tesla's stock on Friday

US Secretary of State Rubio, Israeli PM Netanyahu hold Gaza talks

The two leaders met for three hours at Netanyahu's West Jerusalem office and later addressed the media in a joint news conference

EU could quit Russian gas in a year with US LNG, says energy chief

The US is ramping up pressure on Europe to cut off energy revenue to Moscow, seeking to end the war in Ukraine. As Russia's most lucrative export, its fuel revenue has helped fund the war

Trump marks 9/11 anniversary at Pentagon, pledges to honour heroes

President Donald Trump and first lady Melania Trump are marking 24 years since the September 11, 2001, attacks at a service at the Pentagon on Thursday. The remembrances are being held during a time of increased political tensions. The 9/11 anniversary, often promoted as a day of national unity, comes a day after conservative activist Charlie Kirk was shot and killed while speaking at a college in Utah. Trump visited Pentagon chapel after ceremony and lays a wreath. The wreath, laid by the president and first lady, was in remembrance of the 184 service members and civilians who were killed 24 years ago at the Pentagon. Both also signed a guest book. Trump wraps 9/11 commemoration by pledging to honour the heroes We will defend the nation they served, the values they upheld and the freedom for which they died, he said. We will support our troops, we will protect our families, and we will preserve the American way of life for every future generation. We will build taller, grow stro

Authorities still looking for Charlie Kirk's killer, rifle recovered

An official in Utah said on Thursday police are working to identify Charlie Kirk's shooter, who jumped off a roof and fled after firing the fatal shot. A high-powered, bolt-action rifle was recovered from the area where the suspected Kirk shooter fled, the FBI said. Kirk's killer appears to be of college age and blended in with the college population on the Utah campus where the shooting occurred. Authorities searched on Thursday for the sniper who assassinated Kirk, a conservative activist and close ally of President Donald Trump, with one bullet and then slipped away in the mayhem resulting from the latest act of political violence to befall America. Kirk was killed with a gunshot from a rooftop at the Utah Valley University campus, where he was speaking on Wednesday, authorities said. Federal, state and local authorities were working what they called multiple active crime scenes." As the search stretched into a second day, they provided little information about the shooter's ...

UK fires ambassador to US Peter Mandelson over his links to Jeffrey Epstein

UK Prime Minister Keir Starmer on Thursday fired the country's ambassador to the United States, Peter Mandelson, over his links to the convicted sex offender Jeffrey Epstein. In a statement in the House of Commons on Thursday, Foreign Office minister Stephen Doughty said the decision came in the wake of the publication this week of emails Mandelson sent to Epstein in the 2000s, in which he gave his support to the disgraced financier even when he was facing jail for sex offences. Doughty said the emails showed that the depth and extent of Mandelson's relationship with Epstein was materially different from what was known when he was appointed ambassador to Washington last year in the wake of the Labour Party's election victory. Mandelson, who took up his post in February this year after what the government described as an extensive vetting process, has voiced his deep regret over his previous links with Epstein and said he knew nothing about his criminal activities. In light of the .

US immigration agents arrest hundreds in raid at Georgia Hyundai plant

immigration officials, making it the largest single-site enforcement operation in the US Department of Homeland Security's (DHS) history

S&P 500, Nasdaq reach record highs after weak US jobs data; Broadcom surges

The Dow Jones Industrial Average rose 35.2 points, or 0.08%, at the open to 45,656.49

US employers add only 22,000 jobs in August amid policy uncertainty

US employers added just 22,000 jobs last month as the labour market continued to cool under uncertainty over President Donald Trump's economic policies. The Labour Department said Friday that hiring decelerated from 79,000 in July. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021, the Labour Department said. When the department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her. Talking to reporters Thursday night at a dinner with wealthy tech executives, Trump had seemed to shrug off whatever hiring numbers would come out Friday. The real numbers that I'm talking about are going to be whatever it is, but will be in a year from now, the president said. The US job market has lost momentum this year, partly because of the lingering effects of 11 interest rate hikes by the inflation fight

Indian-American Amit Kshatriya named Nasa's associate administrator

A decorated Indian-American Amit Kshatriya has been named as NASA's new 'exploration-focussed' associate administrator, the US space agency announced here. Kshatriya, a 20-year NASA veteran, was most recently the deputy in charge of the Moon to Mars Programme in the Exploration Systems Development Mission Directorate (ESDMD) at the National Aeronautics and Space Administration (NASA) headquarters in Washington. Acting NASA Administrator Sean P Duffy Wednesday named exploration-focussed Amit Kshatriya as the new associate administrator of NASA, the agency's top civil service role, a NASA statement said. Born in Wisconsin to Indian immigrant parents, educated at California Institute of Technology (CalTech) and the University of Texas at Austin, Kshatriya is one of only about 100 people in history to serve as a mission control flight director. He joined NASA in 2003. Kshatriya was decorated with the NASA Outstanding Leadership Medal for actions as the lead flight director for the 50t

Brics leaders to hold virtual meet to discuss Trump's trade tariffs

The US has set different tariffs for different BRICS nations, however, making it difficult for them to agree on a joint statement, according to the Brazilian officials

India-US joint military drill 'Yudh Abhyas 2025' begins in Alaska on Sep 1

Military contingents from India and the US will engage in a spectrum of tactical drills, including the integrated use of artillery, aviation and electronic warfare systems, as part of a bilateral exercise in Alaska, beginning September 1, officials said. The 14-day 'India-US Exercise Yudh Abhyas 2025' is set to take place amid strained ties between New Delhi and Washington over US President Donald Trump's policies on trade and tariff. The drills, which will also involve heliborne operations, will be held from September 1-14. The Indian contingent, comprising personnel from a battalion of the Madras Regiment, will train alongside soldiers from the 1st Battalion, 5th Infantry Regiment 'Bobcats' of the Arctic Wolves Brigade Combat Team, 11th Airborne Division of the US, the Indian defence ministry said in a statement. "Over two weeks, the troops will rehearse a spectrum of tactical drills including heliborne operations, employment of surveillance resources and unmanned aerial systems,

Indian tea industry concerned over higher US tariff, exports likely to hit

The tea industry in India on Monday expressed concern over the imposition of higher tariffs by US President Donald Trump, stating that the hike in levy is likely to have an impact on exports of the beverage to that country. Leading industry body Indian Tea Association (ITA) said the US is a significant market for Indian tea. In 2024, the US had imported 17 million kilograms of tea from India, while the shipment to America stands at 6.26 million kilograms till May this year, according to the industry body. The additional 25 per cent tariff by the US on Indian products for the country's purchases of Russian oil came into effect on August 27, bringing the total amount of levy imposed on New Delhi to 50 per cent. The tea industry association said that the recent imposition of 50 per cent tariff on Indian goods would be a "limiting factor for exports of the beverage to the US". The association said that persistent decline in tea prices, influx of imports and export market volatility po

US continues trade talks despite court ruling on Trump tariffs: USTR

Trump blasted the decision and said he would take the case to the US Supreme Court. The appeals court said his tariffs can remain in effect through October 14 to allow for appeals

US makes it harder for SK Hynix, Samsung to make chips in China

The US Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the sale of US semiconductor equipment to China

Global mail to US disrupted as countries halt shipments after Trump rule

Thailand Post, country's postal service, has stopped sending mail to United States while its transportation partners adjust to President Trump's decision to end duty exemptions for low-value imports

Trump blocks $4.9 bn foreign aid with rarely-used rule after 50 years

President Donald Trump has told House Speaker Mike Johnson that he won't be spending USD 4.9 billion in congressionally approved foreign aid, effectively cutting the budget without going through the legislative branch. Trump, who sent a letter to Johnson, R-La., on Thursday, is using what's known as a pocket rescission for the first time in nearly 50 years. That's when a president submits a request to Congress not to spend approved funds toward the end of the fiscal year, so that Congress cannot act on the request in the 45-day timeframe, and the money goes unspent as a result. The fiscal year draws to a close at the end of September. The last pocket recession was in 1977 under then-President Jimmy Carter, and the Trump administration argues that it's a legally permissible tool. But such a move, if standardised by the White House, could effectively bypass Congress on key spending choices and potentially wrest some control over spending from the House and the Senate. The letter ...