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How the US has overtaken China’s investments in Africa
Posted onEgon CossouBusiness reporter Trinity Metals You probably don’t give much thought to the device that you’re reading this article on, as long as it looks good and keeps working. But the elements that power and run it are the subject of an escalating struggle between the world’s two biggest economies – the US and China…
Making the budgets add up as Holyrood election looms
Posted onBut, Roy added, the Treasury and the Department of Work and Pensions are coming back to perceived unaffordability of Westminster’s welfare budget, so we can expect new approaches to cuts and reduced entitlement. If that goes ahead, Holyrood will find itself facing further cuts in block grant.
TikTok closes deal to split US app from global business: What to know
Posted onSuranjana Tewari,Asia Business Correspondentand Lily Jamali,North America Technology Correspondent VCG via Getty Images TikTok announced on Thursday that it has finalised a deal that will allow the hugely popular short-video app to continue operating in the US. The deal comes after a years-long tussle between Washington and Beijing that began in Trump’s first term in…
Nature is not a blocker to housing growth, MPs find
Posted onPritti Mistry,Business reporter and Marc Ashdown,Business correspondent Getty Images Nature is not a blocker to housing growth and the government risks missing both its housing and nature targets if it views it as one, a cross-party group of MPs has warned in a new report. The Planning and Infrastructure Bill overrides existing habitat protections, which…
Trump threatens to pull out of planned Xi meeting
Posted onPresident Donald Trump has threatened to pull out of an expected meeting with President Xi Jinping of China after Beijing tightened its rules for exports of rare earths. In a post on social media, Trump said he now saw “no reason” to meet with President Xi later this month, accusing China of “becoming very hostile”…
