Posts by Amelia Frost
Japan PM To Meet Trump On Feb 6-8 US Trip
[ad_1] Japan’s Prime Minister Shigeru Ishiba will meet President Donald Trump on a visit to the United States this week, top government spokesman Yoshimasa Hayashi said on Tuesday. “If circumstances permit, he will visit the United States from February 6-8 and hold (his) first face-to-face Japan-US summit meeting with President Trump in Washington DC,” Hayashi…
Read MorePalantir Soars 22% After Beating Q4 Estimates And Raising Sales Outlook, Cites AI Growth
[ad_1] Palantir is a Denver, Colorado-based tech company specializing in data analysts and software platforms. KEY POINTS Palantir reported $828 million in revenue compared to $776 million estimated by analysts During the earnings call, Palantir’s CEO expressed optimism over AI demand in 2025 However, the company warned against using Chinese disruptive AI assistant DeepSeek Leading…
Read MoreHow an Activist Group Helped Torpedo MDMA Therapy
[ad_1] After more than three decades of planning and a $250 million investment, Lykos Therapeutics’ application for the first psychedelic drug to reach federal regulators was expected to be a shoo-in. Lykos, the corporate arm of a nonprofit dedicated to winning mainstream acceptance of psychedelics, had submitted data to the Food and Drug Administration showing…
Read MoreNintendo Cuts Net Profit Forecast As Switch Sales Slow
[ad_1] Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters. The Switch, which is both a handheld and TV-compatible device, hit shelves in 2017 and became a must-have gadget among all age groups during pandemic lockdowns.…
Read MoreFrenchman On Death Row In Indonesia To Return Home
[ad_1] A Frenchman on death row in Indonesia since 2007 for drug offences will be returned to his home country on Tuesday, where he hopes to be granted his freedom. Indonesia, which has some of the world’s toughest drug laws, has in recent weeks released half a dozen high-profile detainees, including a Filipina mother on…
Read MoreChina Strikes Back After Trump Imposes 10% Tariff on Goods
[ad_1] Beijing responded swiftly on Tuesday to the tariffs President Trump had promised, announcing a fusillade of countermeasures targeting American companies and imports of critical products. Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring…
Read MoreDR Congo, Rwanda Leaders To Join Summit On Crisis In War-torn East
[ad_1] DRC President Felix Tshisekedi and Rwandan President Paul Kagame will attend a summit on Saturday as a Rwanda-backed armed group advances in the eastern Democratic Republic of Congo. M23 fighters and Rwandan soldiers have made substantial gains in the eastern DRC, taking the major city of Goma last week, and have vowed to march…
Read MoreHow China Could Respond To Trump’s New Tariffs
[ad_1] From retaliatory tariffs on US goods like car parts and soy beans to controls on raw minerals essential for American manufacturing — analysts say China has plenty of options if it wants to reply to fresh US levies. US President Donald Trump over the weekend announced 10 percent tariffs on Chinese products, upping the…
Read MoreApple Blasts Porn App For IPhones In Europe
[ad_1] Apple on Monday called a pornography app available for iPhones in the European Union a danger to children, saying landmark digital rules there allowed it to get on to its handsets via an alternative to its App Store. Apple had long fiercely protected the App Store as the lone gateway for digital content to…
Read More‘60 Minutes’ Head Producer Says He Won’t Apologize Over Trump’s Lawsuit
[ad_1] The head of “60 Minutes” told the show’s staff on Monday that he would not apologize as part of any prospective settlement in a lawsuit brought by President Trump against their network, CBS, according to people with knowledge of the remarks. The comments by Bill Owens, the executive producer who oversees the long-running news…
Read MoreTrump’s Trade Move Could Increase Costs for Many Online Goods
[ad_1] President Trump’s decision to impose hefty tariffs on Canada, Mexico and China included a little-noticed but significant change to how online purchases will be taxed when they enter the United States. One provision of Mr. Trump’s executive order will increase costs for more than 80 percent of U.S. e-commerce imports. The decision could shift…
Read MoreMexico and Canada Reach Last-Minute Deal With Trump to Avert Trade War
[ad_1] President Trump on Monday delayed his planned tariffs on Canada and Mexico for 30 days after winning concessions from both countries to stem the flow of drugs and migrants into the United States, postponing, at least temporarily, a painful and potentially destabilizing trade war. Tariffs of 10 percent are still set to go into…
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