During the third quarter, it is likely that the U.S. economy grew at its slowest pace in more than a year with the Delta variant of COVID-19 acting as a drag against the economy. The US Commerce Department’s advance gross… Read More ›
U.S.
Trump tightens grip on his social media company
According to regulatory filings late on Tuesday, former U.S. President Donald Trump will be able to retain the ownership of his newly launched social media venture even if he chooses to make another run for the presidency or is convicted… Read More ›
US considering options to include Israel, Cyprus, Bulgaria and Romania to VISA waiver program
In a statement the U.S. Homeland Security Secretary Alejandro Mayorkas stated, the United States is considering adding four countries to its visa waiver program allowing them to visit the country without a visa for up to 90 days. “We have… Read More ›
China’s BYD and CATL defer building dedicated factory for Apple citing political tensions
According to three sources familiar with the knowledge at hand, Apple Inc’s negotiations with China’s BYD and CATL over battery supplies for its planned electric vehicle have stalled after the Chinese company refused to set up teams and build U.S. plants… Read More ›
Amazon.com Inc bumps up hiring during crucial holiday shopping season
In a statement Amazon.com Inc said, it plans to hire at least 150,000 seasonal workers in the U.S. during the holiday period. The development marks the world’s largest online shopping giant preparing for the upcoming shopping season which is typically… Read More ›
Support for Taiwan rock solid: White House
With China raising the stakes in a potential invasion of Taiwan, White House press secretary Jen Psaki said, Washington’s commitment towards Taiwan is “rock solid”. “We will continue to support Taiwan’s self defense,” said Psaki.
US Saudi to intensify efforts against Iranian violations of international treaties on nuclear agreement
In a statement on Friday, Saudi Arabia’s foreign ministry said, Foreign Minister Prince Faisal bin Farhan Al Saud met U.S. Secretary of State Antony Blinken in Washington and exchanged views on Iran’s nuclear program. “Had a productive meeting today with… Read More ›
Honda Aircraft Co rolls out plans for fuel efficient business jet
In a significant development, Honda Aircraft Co has rolled out plans for a new light business jet that can fly non-stop across the United States. The development comes at a time when there is skyrocketing demand for private travel. Honda… Read More ›
Nasdaq listed Universal Electronics Inc admits to employing Uyghur workers at its Qinzhou plant
In a significant development, Universal Electronics Inc, a U.S. remote-control maker said, it has struck a deal with Chinese authorities in Xinjiang to transport hundreds of Uyghur workers to its factory in Qinzhou, in the first confirmed case of a… Read More ›
Singapore expands quarantine-free travel for visitors from Germany, South Korea and US
In a statement Singapore’s Trade Minister Gan Kim Yong said, the country plans on widening its quarantine-free travel program to include fully vaccinated persons from the United States and South Korea. The development sees the financial hub attempting to cautiously… Read More ›