Page 596 - World News

Trump admin cancels clean energy grants as it prioritises fossil fuels

The department of energy is cancelling two awards to a nonprofit climate think tank, RMI in Colorado, according to a document from the agency confirming the cancellations

Major law firm reaches deal with Donald Trump to bypass White House order

The deal with Skadden was announced hours after two firms sued over orders sanctioning them for ties to attorneys who previously investigated Trump

Charlie Javice convicted of defrauding JPMorgan in $175 mn sale of startup

JPMorgan executives testified that she told them she had over four million clients and would have about 10 million by year's end, but it turned out there were only about 300,000 customers

Pete Hegseth's younger brother serving as Pentagon liaison, senior adviser

Phil Hegseth's official title is senior adviser to the secretary for the Department of Homeland Security and liaison officer to the Defense Department

Vance accuses Denmark of neglecting Greenland as Trump pushes for takeover

Vance said the US has no option but to take a significant position to ensure the security of Greenland as he encouraged a push in Greenland for independence from Denmark

Donald Trump backs budget fix to restore DC funds, urges House to pass it

It's the first sign Trump backs restoring DC's $1.1 bn shortfall, boosting Mayor Bowser's push to reverse a legislative change she says would hurt the capital

Musk deletes post promising to deliver $2 mn to Supreme Court race voters

Musk had posted that he planned to give $1 million each to two voters, just two days before the election that will determine ideological control of the court in the battleground state

Elon Musk sells X to his AI firm xAI for $33 billion in all-stock deal

Both companies are privately held, which means they are not required to disclose their finances to the public

Musk loses bid to block investor lawsuit over Twitter stock manipulation

A Manhattan federal judge on Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission

Quantum experiment generated truly random numbers: JPMorgan Chase

JPMorgan has made a push in that field in the last six years, enticed by promising applications in finance, artificial intelligence, optimization, and cryptography

SoftBank planning to invest $1 trillion for AI effort in US: Report

The factories would likely use AI-equipped robots that would operate autonomously because of labor shortages in the country, according to the report

Putin proposes UN-led external rule for Ukraine, cites its Constitution

Ukraine's Foreign Ministry spokesperson, Heorhii Tykhyi, shot back on X, suggesting a Counter-offer: temporary UN governance in Russia

Trump administration pauses financial contributions to WTO: Report

The Trump administration is retreating from global institutions it sees as at odds with his "America First" economic policies

EU plans concessions for Trump administration after reciprocal tariffs hit

EU officials were told at meetings this week in Washington that there was no way to avoid new auto and so-called reciprocal tariffs that Trump is launching next week

Earthquake rocks Thailand, Myanmar; 3 killed in Bangkok building collapse

The epicentre was about 17.2 km from the city of Mandalay, which has a population of about 1.2 million, according to USGS

Army called as Kathmandu's pro-monarchy protests turns violent, killing one

About half of the people injured were police personnel, authorities said, as they tried to disperse protesters who pelted stones and tried to break through security barriers

US consumer spending rises in Feb, likely driven by higher prices

Economists polled by Reuters had forecast consumer spending rising 0.5 per cent after a previously reported 0.2 per cent fall in January

Trump asks SC for permission to resume deporting Venezuelan migrants

The emergency appeal to the high court follows a rejection of the Republican administration's plea to the federal appeals court in Washington

Gold prices hit record high as trade war fears drive safe-haven demand

The Personal Consumption Expenditures (PCE) price index increased 0.4 per cent in February, compared with analysts expectation of 0.3 per cent rise, similar to January's increase

UBS gets regulatory approval to fully own China securities joint venture

The approval wraps up a series of complicated transactions following UBS's merger with Credit Suisse, including the former's sale of a 36.01% stake in Credit Suisse Securities in China to BSAM