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...The tensions come as the Biden administration faces domestic pressure to compete with China on deep-sea mining ahead of an expected Pentagon report on the sourcing and processing of seabed metals mandated...
...The $43bn exchange traded fund manager Global X has tapped an industry veteran from Goldman Sachs to become its chief executive after a wave of executive departures and lay-offs....
...Officials from several US allies and experts familiar with the view from Tokyo, Seoul and Canberra said there was nervousness about losing Campbell given the veteran Asia hand’s extensive diplomacy with...
...CNN’s ratings malaise is particularly troubling because it is an election year in the US, typically a boom time for cable news channels....
...“The question for the Biden administration is whether they have any incentive to utilise the sanctions architecture that the Trump administration used to take down Iran exports by 1mn b/d,” said Helima Croft...
...Yet the Biden administration has also been a stalwart ally and supporter of Israel as it prosecutes its war against Hamas in Gaza, despite mounting international opprobrium....
...“We have determined that although the Venezuelan authorities have met some key commitments, they’ve also fallen short in several areas,” a senior US administration official said, describing “a continued...
...The Biden administration is proactively encouraging US tech groups to seek artificial intelligence deals and partnerships in the United Arab Emirates, seeking to cultivate an alliance that would provide...
...The move puts Podesta, 75, a veteran of the Bill Clinton and Barack Obama administrations, at the heart of US international climate policy....
...Mentioned in this podcast: US accuses Apple of building smartphone market monopoly in antitrust case How Hertz’s bets on Tesla and a Goldman veteran veered off course Social media site Reddit soars 48%...
...Global X, owned by Seoul-based Mirae Asset, has 91 funds and ranks in the top 14 US managers of ETFs by assets....
...The US decision came amid mounting frustration in US President Joe Biden’s administration at the way Benjamin Netanyahu’s rightwing government has been conducting the war, which has taken a devastating toll...
...John Podesta, veteran of the Bill Clinton and Barack Obama administrations, who took over from John Kerry as President Joe Biden’s chief climate diplomat in January, laid out the administration’s plans for...
...It was an “outstanding” appointment, said Lewis, now an operating adviser at US private equity firm Clayton, Dubilier & Rice....
...The Biden administration has warned of a lengthy disruption to one of the US’s busiest ports, as carmakers reroute their shipments and insurers brace themselves for multibillion-dollar claims following the...
...It is up to his administration to articulate how a Nippon acquisition breaches any national security standards. So far, the case is not convincing. sujeet.indap@ft.com...
...The $500mn in funding earmarked for an SSAB commercial-scale steel plant using hydrogen in Mississippi is one of 33 deals by a new agency set up under the Department of Energy, as part of the Biden administration...
...JPMorgan Asset Management is bringing aboard exchange trade fund veteran Jon Maier after his departure from $51bn ETF manager Global X as part of a wave of executive exits....
...At the same time, ASML stands to benefit from the multibillion-dollar incentives being rolled out by the Biden administration to lure more advanced chip production back to the US....
...The Italian executive joined the company from consumer products group Procter & Gamble, where he worked in various roles in the US and Europe....
...The Biden administration has become more publicly critical of Netanyahu in recent weeks, and urged him not to launch a ground assault on Rafah, a city in Gaza’s south where more than a million civilians...
...Hertz’s struggles have underscored that US consumers are proving more wary of EVs than expected and that even small strategic errors at companies with complex supply chains and capital structures can quickly...
...The US Congress has passed legislation that will fund key US agreements with Pacific Island nations, in an outcome that will spark relief across the Indo-Pacific after previous delays undermined efforts...
...The proposals would have strong appeal to a Trump administration, particularly one with China hawk Robert Lighthizer as the US trade rep....
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