President Donald Trump’s administration has revoked over 300,000 US visas during his second term, the State Department said on Tuesday as the federal government continues its sweeping immigration crackdown. The number showed an acceleration in the pace of visa revocations in recent weeks. In an u
Elon Musk said SpaceX and Tesla Inc have formed special committees to explore a potential merger, a preliminary step towards what would rank as the largest corporate tie-up of all time. “I do think there’s a lot of merit to combining the companies,” Musk, the chief executive officer of both companie
As artificial intelligence reshapes the finance industry, commercial bankers are facing a “more miserable” transition than their central banking counterparts, the head of the world’s largest lender by assets said. Industrial and Commercial Bank of China president Liu Jun said that while central bank
Elon Musk last week ordered the slowdown of a military-grade version of SpaceX’s Starlink satellite service that Ukraine relies on, The Wall Street Journal reported on Tuesday, citing US officials and people familiar with the matter. Musk, SpaceX and the White House did not immediately respond to
With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its
The commander of the US Eighth Army in South Korea said his troops must be ready for deployment outside the Korean peninsula if ordered, arguing that it would be “irresponsible” to focus “myopically” on threats there. Lieutenant General Joe Hilbert said that while his command’s focus was on fulfilli
“Actions have consequences,” British Minister of State for Skills and former home secretary Baroness Jacqui Smith said of Palestine Action, the protest group proscribed as a terrorist organisation across the United Kingdom. She was lecturing the group’s members and supporters, who are legion in Brit
A 65-year-old woman was killed on Tuesday in a shark attack off South Africa’s southeastern coast, police and municipal authorities said, prompting the closure of two beaches. Officers were called to Orient Beach in KuGompo city, formerly East London, at about 7am, where they found the woman’s body,
British police said on Tuesday that they had rearrested two men on suspicion of assisting Iran’s intelligence service in a suspected plot at a US-run airbase in England last month. Counter Terrorism Policing said the men, a 24-year-old British national and a 25-year-old dual UK-Iranian national, wer
US Secretary of State Marco Rubio confirmed on Tuesday that the leaders of the Quadrilateral Security Dialogue would meet in the Philippine capital next month, marking the group’s first summit in more than two years, just days before US President Donald Trump meets Chinese President Xi Jinping in Sh