Page 655 - World News

Trump asserts control in 2nd term in departure from first-term chaos

Trump doesn't just want to change course from Joe Biden's presidency, his team is holding back congressionally authorised funding championed by his predecessor

US will go bankrupt: Musk criticises high trade deficit, tax expenditure

Musk said that US President Donald Trump inherited a $2 trillion trade deficit, warning that "America will go bankrupt" if it fails to bring the deficit under control

Argentine President Javier Milei defends crypto tweet amid backlash, losses

Javier Milei, facing legal complaints and impeachment calls, compares investor loss in crypto to gambling

Israel's West Bank crackdown causes mass displacement unseen since 1967

Israeli forces then pushed deeper and more forcefully into several other nearby towns, including Tulkarem, Far'a and Nur Shams, scattering families and stirring bitter memories of the 1948 war

Don't see Ukraine ceasefire boosting Russia's output, says Goldman Sachs

US President Donald Trump's administration said it had agreed to hold more talks with Russia on ending the war in Ukraine

KFC moves US headquarters from Kentucky to Texas in corporate shakeup

KFC, the fast-food giant named after its home state Kentucky, is set to relocate its headquarters to Texas. The move will impact approximately 100 corporate employees

White House flaunts 'cuffs and shackles' deportation of illegal migrants

White House video flaunting shackled migrants triggers international backlash, as India demands humane treatment while the US justifies it as SOP

Japan raises concerns over auto tariffs with US as Trump threatens 25% hike

It's not clear if Japan is also seeking an exemption from the auto tariffs as Trade Minister Yoji Muto didn't respond directly on Tuesday when asked about it

Trump blames Zelenskyy for 'starting' Ukraine war, calls him 'incompetent

Donald Trump blamed Ukraine's Volodymyr Zelenskyy for 'starting' war with Russia. He also hinted at a possible meeting with Putin while defending his stance on ending the conflict

Trump explains why he couldn't find anyone 'smarter' than Musk to lead DOGE

Since Musk took over, DOGE has targeted wasteful spending in federal agencies, backing Trump's push to restructure the government - an effort that has also led to thousands of job cuts

China's new home prices stagnate in January on declining property demand

Analysts expect the stabilisation of China's property market, which has experienced a significant slump since 2021, will be a protracted process due to high housing inventory

Brazil's former President Jair Bolsonaro charged in alleged coup plot

Prosecutor General Paulo Gonet charged Bolsonaro and his running mate, General Walter Braga Netto, with leading a "criminal organization" that aimed to overthrow Brazil's 40-year-old democracy

HSBC to incur $1.8 bn in costs over next two years in CEO's revamp

Europe's largest bank, which has been deepening its push into Asia and some Middle East markets, reported fourth-quarter pretax profit of $2.3 billion

Nearly 300 US deportees held in Panama as officials arrange their return

More than 40 per cent of the migrants, authorities say, won't voluntarily return to their homeland

Toronto plane crash: Investigators recover black boxes for further analysis

Delta said earlier that 19 of 21 passengers transported to local hospitals after the plane crash had been released

Trump says he may meet Putin this month, dismisses Ukraine's concerns

He brushed aside Ukraine's concern about being left out of the meeting, saying Kyiv could have made a deal with Russia three years ago to avert the invasion by Moscow

In 1st joint interview, Trump backs Musk's efforts to enforce exec orders

Donning a t-shirt reading 'tech support' during the interview, Elon Musk described his primary function as assisting US President Donald Trump with technological matters

Trump, Musk target tax enforcers, scientists, bank regulators for job cuts

White House has not said how many people it plans to fire and has given no numbers on the mass layoffs

Citi raises CEO Jane Fraser's 2024 compensation 33% to $34.5 million

The compensation includes $1.5 million of base salary, $4.95 million in cash incentive and the rest in deferred incentives, the bank said

Chevron to cut 20% staff in long-awaited layoffs, CEO takes responsibility

Chevron's plan to cut as much as a fifth of its workforce - about 8,000 people - comes after oil prices traded in the $70-80 per barrel range for most of the past year