Italian Foreign Minister Antonio Tajani canceled a trip to the US after Donald Trump made controversial remarks about PM Giorgia Meloni, calling her claims of seeking a photo 'fabricated' and questioning her support on Iran. The incident has strained relations between the former allies.
England started their World Cup campaign with a thrilling 4-2 victory over Croatia. Despite a shaky first half, England's second-half performance, highlighted by goals from Jude Bellingham and Marcus Rashford, secured the win.
Uzbekistan's capital, Tashkent, is hosting the fifth Tashkent International Investment Forum, attracting foreign leaders, investors, and business executives. Discussions cover investment, infrastructure, AI, and access to capital, with a focus on economic diplomacy and bilateral meetings.
US business owners, particularly baby boomers nearing retirement, are increasingly selling their companies to employees rather than outside buyers. This trend, driven by a desire to preserve jobs and legacy, is supported by rising investment funds for employee ownership transitions, with schemes like EOTs and ESOPs facilitating the process.
US business owners are increasingly selling their companies to employees as they approach retirement, seeking to preserve jobs and company culture. Employee ownership models like EOTs and ESOPs are gaining traction, supported by rising investment funds and bipartisan congressional interest, though setup complexity and delayed payment remain challenges.
Scott Franks, an Indigenous businessman, alleges his joint venture, Glad Indigenous, was a victim of 'black cladding' after a court battle with his partner, Glad Holdings. Despite being majority owner, Franks claims he lacked control, leading to financial losses and the business's eventual closure, impacting 40 employees.
Chinese AI model DeepSeek is seeing increased adoption by US firms looking for cheaper alternatives to OpenAI and Anthropic, according to a report by Ramp. US companies are directly paying DeepSeek, indicating data exchange with China-hosted servers.
US businesses in Russia have not experienced any relaxation of sanctions pressure, despite President Trump's stated desire to improve relations with Moscow, according to AmCham Russia CEO Robert Agee. He believes sanctions will persist until the conflict ends.
AmCham Russia President Robert Agee stated that American businesses agree with US Secretary of State Marco Rubio's call to restore business ties with Russia. The comments were made at the St. Petersburg International Economic Forum.
The American Chamber of Commerce in Russia states that most US companies remain operational in Russia, contrary to the belief that major brand exits signify a full withdrawal. This comes as the St. Petersburg International Economic Forum begins.
Guangzhou and the American Chamber of Commerce in South China co-hosted a trade exchange, revealing significant growth in Guangzhou's imports from the US from January to April. Key sectors like integrated circuits and electronic components saw substantial increases, while exports of textiles, agricultural products, and cosmetics also rose.
Sunrisers Hyderabad captain Pat Cummins won the toss and chose to bat against Royal Challengers Bengaluru in their IPL 2026 match in Hyderabad. Both teams have already qualified for the playoffs.
SpaceX's IPO filing details $131m in Cybertruck purchases, risks associated with its xAI Grok chatbot's explicit content generation, and significant financial losses, raising questions about future profitability.
Guzman y Gomez is shutting down its US business after failing to gain traction in a competitive market. The Mexican-themed chain cited unacceptable store performance and will incur up to US$40m in closure costs.
Guzman y Gomez is shutting down its US operations after failing to gain traction in a competitive Mexican food market. The closures are expected to cost up to $40 million and highlight the US as a difficult market for Australian fast-food companies.
Top US business leaders including Elon Musk, Tim Cook and Jensen Huang met Chinese Premier Li Qiang in Beijing on Thursday during high-level China-US business talks held alongside President Trump’s visit, with Musk seen arriving alongside his son X Æ A-Xii.
Chinese President Xi Jinping emphasized China's openness to US businesses during President Trump's visit, despite unresolved tech sector disagreements, projecting economic stability and seeking to attract foreign investment.
US business leaders accompanying President Donald Trump on his visit to Beijing will be given the opportunity to mingle with their Chinese counterparts at an exclusive international business club, according to sources. On Monday, the White House released a list naming dozens of business chiefs accompanying Trump, including high-profile figures such as Tesla chief executive Elon Musk and Apple’s Tim Cook. Two sources familiar with the arrangement said the Capital Club Beijing has been reserved...
US business leaders accompanying President Donald Trump on his state visit to Beijing will be given the opportunity to mingle with their Chinese counterparts at an exclusive international business club, according to sources. On Monday, the White House released a list naming dozens of business chiefs accompanying Trump, including high-profile figures such as Tesla chief executive Elon Musk and Apple’s Tim Cook. Two sources familiar with the arrangement said the Capital Club Beijing had been...
Chairman and CEO of CNN Worldwide Mark Thompson said said that Ted Turner was an intensely involved and committed leader
Palantir Technologies reported a blowout first quarter, saying revenue rose 85% year on year to $1.63bn as its US business more than doubled Read Full Article at RT.com
Beijing's decision to block Meta's US$2 billion acquisition of AI start-up Manus reflects China's new approach to US-China business ties, prioritising national security and technological self-reliance over commercial deals. The timing, ahead of the May 14-15 Xi-Trump summit in Beijing, signals Beijing's belief it holds a stronger negotiating position given US preoccupations with the Middle East and Trump's need for tangible wins ahead of midterm elections.
Russia-US Business Dialogue and Russia-US: Culture Dialogue sessions will be held at the St. Petersburg International Economic Forum (SPIEF) in June 2026, with AmCham Russia as initiator. The sessions will focus on business interactions, humanitarian ties, and practical experience exchange. Anton Kobyakov noted many companies sought ways to stay in Russia, while AmCham head Robert Agee said American businesses value professional interaction channels.
Labour has called on former Conservative MP Robert Jenrick to donate £37,500 to charity after allegations that campaign funds he received in 2024 came from a US-based businessman now convicted of wire fraud. The Electoral Commission investigated claims that £37,500 of £100,000 donated by UK company Spott Fitness ultimately came from Gary Klopfenstein, who pleaded guilty to wire fraud in the US. The commission has referred evidence to the Metropolitan Police. Jenrick denies any knowledge of the source and says he complied with all electoral laws.
