Trends - US - Business Recorder

World

Trump grants full pardon to Russia probe figure George Papadopoulos

Trump also pardoned Alex van der Zwaan, 36, the Dutch son-in-law of Russian billionaire German Khan.

Published 23 Dec, 2020 09:41am

World

U.S. ready to mediate discussions between Israel and Lebanon –Pompeo

“Regrettably, despite goodwill on both sides, the parties remain far apart,” Pompeo said in a statement. 

Published 22 Dec, 2020 06:15pm

World

Japan PM Suga aims to meet with Biden as soon as possible

Suga, speaking at a symposium, also said Japan was preparing to implement thorough coronavirus prevention measures for the Summer Olympics next year.

Published 22 Dec, 2020 11:49am

World

Biden receives COVID-19 vaccine at Delaware hospital

He received his first dose of the Pfizer Inc COVID-19 vaccine on Monday

Published 22 Dec, 2020 09:31am

World

China calls Trump cyberattack claims 'a farce'

Cyber experts said the attack could have far-reaching impact and take months to unravel.

Published 21 Dec, 2020 06:36pm

World

Global arms sales by top 25 companies up by 8.5 percent in 2019

For the first time, a Middle Eastern firm appears in top 25.
After the US, China accounted for the second largest share of 2019 arms sales by the top 25 arms companies, at 16 percent.

Updated 21 Dec, 2020 05:15pm

World

Germany to Iran: Don't waste chance for rapprochement with U.S

Iran should avoid taking any tactical steps that would make it hard for Biden to reverse President Donald Trump’s decision to quit the deal, says German Foreign Minister.
“This chance, this last window of opportunity, must not be wasted.”

Published 21 Dec, 2020 03:46pm

World

China says tailed U.S. warship in Taiwan Strait

The U.S. Navy said the guided missile destroyer USS Mustin had conducted “a routine Taiwan Strait transit (on) Dec. 19 in accordance with international law”.
China’s military, in a statement released by its Eastern Theatre Command, said its air and naval forces “tailed and monitored” the vessel throughout.

Published 19 Dec, 2020 04:17pm

Technology

U.S. blacklists dozens of Chinese firms including SMIC, DJI

The U.S. Commerce Department said the action against SMIC stems from Beijing’s efforts to harness civilian technologies for military purposes and evidence of activities between SMIC and Chinese military industrial companies of concern.

Published 19 Dec, 2020 10:11am

World

U.S. Supreme Court throws out challenge to Trump census immigrant plan

The 6-3 ruling on ideological lines, with the court’s six conservatives in the majority and three liberals dissenting, gives Trump a short-term victory.

Published 19 Dec, 2020 09:41am

World

Biden team says Defense Department officials halted cooperation

Some of Trump’s political appointees in the defense department have recently stopped cooperating, Yohannes Abraham, the executive director of Biden’s transition team said.

Published 19 Dec, 2020 09:37am

World

U.S adding China chipmaker SMIC to economic blacklist, Ross confirms

The department was also adding 11 affiliates of SMIC, Ross said in an interview.
It is seen as the latest in President Donald Trump’s effort to cement his tough-on-China legacy.

Published 18 Dec, 2020 04:55pm

World

Pakistani-born Ali Zaidi named deputy climate coordinator in Joe Biden's administration

"I was floored when President-elect Joe Biden called. I still am — profoundly humbled, deeply honoured, and so ready to get to work!" Zaidi tweeted.
He is currently New York’s deputy secretary for energy and environment.

Published 18 Dec, 2020 04:03pm

World

Iran rejects IAEA chief's call that new agreement needed after Biden takes office

IAEA head Grossi says there had been too many breaches by Iran for the agreement to simply snap back into place when Biden takes office next month
Biden had hinted the United States will rejoin the deal "if Iran resumes strict compliance"

Published 18 Dec, 2020 12:44pm

World

Putin says Kremlin critic Navalny not worth poisoning, alleges U.S. smear campaign

The investigation, which Navalny endorsed, said it had identified a team of assassins from Russia’s FSB security service, who had stalked him for years. It named the intelligence officers and poison laboratories it said were behind the operation.
“It’s a trick to attack the leaders (of Russia),” says Putin.

Updated 17 Dec, 2020 08:02pm

World

U.S. airlines closing in on new government assistance package

A final deal on the $900 billion relief package could be reached as early as Thursday morning in the United States.
In October, American Airlines furloughed 19,000 employees while United Airlines furloughed more than 13,000 employees.

Published 17 Dec, 2020 06:05pm

Business & Finance

US says it provided $128mn in debt relief to Pakistan in 2020

"Through efforts like this, the U.S. and Pakistan are working together to redirect critical resources to the COVID19 pandemic response,” stated the US Embassy Islamabad

Published 17 Dec, 2020 12:16pm

World

Saudis pushing for Gulf dispute breakthrough at summit - sources

The dispute, in which Saudi Arabia and its allies severed diplomatic, trade and travel ties with Qatar in mid-2017, has seen movement with Riyadh earlier this month saying a final solution was within reach.

Published 17 Dec, 2020 09:41am

World

Potential $900bln U.S. COVID-19 bill to include checks for individuals –reports

The potential agreement could come as early as later on Wednesday morning, according to Politico and the Washington Post, which both cited multiple sources involved in or briefed on the ongoing talks.
Unemployment benefits would also be extended as part of the package, the reports said.

Published 16 Dec, 2020 09:20pm

World

Biden will keep using U.S. sanctions weapon but with sharper aim – sources

The revised strategy will be crafted with help from a broad review of sanctions programs that will begin soon after Biden’s inauguration, the sources said on condition of anonymity.
“It won’t be a pullback or a push forward,” said one person close to Biden’s transition team. “It will be a readjustment in the use of the sanctions tool.”

Published 16 Dec, 2020 04:11pm

World

Senior Republicans accept Biden as president-elect, reject talk of overturning election

As a few of President Donald Trump’s most loyal backers contemplated a last-ditch effort to reverse his Nov. 3 election defeat, a growing number of Republicans appeared ready to defy Trump and recognize Biden as the winner more than a month after the vote.

Published 15 Dec, 2020 10:31am

World

'Democracy prevailed,' Biden says after U.S. Electoral College confirms his win

“In this battle for the soul of America, democracy prevailed,” Biden said in a prime-time speech from his hometown of Wilmington, Delaware. “Now it’s time to turn the page, as we’ve done throughout our history – to unite, to heal.”

Published 15 Dec, 2020 10:24am

World

US passes 300,000 Covid-19 deaths: Johns Hopkins tally

Authorities had warned a spike in deaths was coming after millions traveled around the country for the Thanksgiving holiday last month.

Published 15 Dec, 2020 02:19am

World

U.S. court to hear appeal challenging order blocking TikTok app store ban

The ban would have required Apple Inc and Alphabet’s Google to remove the app from their stores, preventing new users from downloading it or existing users downloading updated versions.
On Dec. 4, the Trump administration opted not to grant TikTok-owner ByteDance a new extension of an order requiring the company to divest TikTok’s U.S. assets, but talks have continued over the short video-sharing app’s fate.

Published 14 Dec, 2020 03:07pm

Business & Finance

US orders 100mn more doses of Moderna COVID-19 vaccine

As per details, the American pharmaceutical company Moderna has confirmed that the US government has decided to buy an additional 100 million doses of its COVID-19 vaccine.

Published 12 Dec, 2020 03:44pm

World

US approves Pfizer-BioNTech coronavirus vaccine for emergency use

Donald Trump hailed the development and said the first dose would be administered in less than 24 hours.
The US now joins Britain, Bahrain, Canada, Saudi Arabia and Mexico to approve the two-dose regimen.

Published 12 Dec, 2020 10:19am

World

Erdogan says U.S. sanctions disrespect ally Turkey –Anadolu

Anadolu cited Erdogan as saying that Turkey will be patient and see what trend emerges after the new U.S. administration takes office next month.

Published 11 Dec, 2020 04:29pm

World

Exclusive: U.S. set to sanction Turkey over Russian defense system - sources

Two sources familiar with the matter, including a U.S. official speaking on the condition of anonymity, said President Donald Trump had given aides the blessing for the sanctions.

Published 11 Dec, 2020 09:37am

World

U.S. Senate to vote on spending stopgap as COVID-19 aid debate continues

Senate Majority Leader Mitch McConnell, a Republican, has said the Senate will take it up this week and send it to Trump in time to avoid a government shutdown.
The move gives Congress seven more days to enact a broader, $1.4 trillion “omnibus” spending measure for all government agencies from the Pentagon to national parks.

Updated 10 Dec, 2020 04:17pm

World

China sanctions US officials over Hong Kong moves

The financial hub was rocked by pro-democracy protests last year that were largely halted by a sweeping national security law imposed by Beijing, drawing criticism over eroding rights from countries including the US.
On Monday, the US said it was freezing any US assets and barring travel to the United States for 14 vice-chairs of the Standing Committee of the National People’s Congress, which spearheaded the tough new law.

Published 10 Dec, 2020 02:33pm