Parallel statements from the US and China after their leaders’ met Thursday exposed sharp divides in their foreign policy postures. It’s a “tale of two readouts,” Politico’s China correspondent wrote. The White House recap mentioned Chinese investment in the US, the Strait of Hormuz, and Iran’s nuclear program — topics ...
Category: Semafor
Category Added in a WPeMatico Campaign
China notches soft-power win in US summitChina notches soft-power win in US summit
US President Donald Trump’s visit to China marks a soft-power win for Beijing in its quest to present as a gleaming, high-tech powerhouse. The summit has cast the world’s attention on China’s pandemic recovery and tech innovations of the last decade, including in EVs, robotics, and clean energy: American reporters ...
US set to drop Adani bribery caseUS set to drop Adani bribery case
US prosecutors are on track to drop bribery charges against Asia’s richest person, The New York Times reported, after the Indian billionaire offered to invest $10 billion in the US. Gautam Adani was indicted — just before President Donald Trump returned to office — on charges that he bribed Indian ...
Air India to cut international flights due to fuel shortagesAir India to cut international flights due to fuel shortages
Fuel shortages stemming from the Iran war are forcing India’s second-largest airline to cut more than a quarter of its international flights for the summer, in the latest setback for global aviation. The cuts deepen the turmoil at Air India, following a devastating crash last year and the departure of ...
Companies jostle for AI stock bumpCompanies jostle for AI stock bump
Call it the great Long Island Ice Tea Blockchain trade of 2026: Companies are jostling for an AI stock bump. If you’re a flailing sneaker company like Allbirds, you issue a press release announcing you’re now in the GPU-leasing business. If you’re a blue-chip company with equity coverage, like Ford, ...
Independent jumps into Nebraska race on “anti-monopolist” messageIndependent jumps into Nebraska race on “anti-monopolist” message
The News Another populist independent is running for Congress in Nebraska: Austin Ahlman, a 28-year-old progressive journalist and Nebraska native is challenging Rep. Mike Flood, R-Neb., and Democrat Chris Backemeyer, a former deputy assistant secretary of State who worked for the Biden administration. Unlike Dan Osborn, the independent candidate for ...
The age of executive power is missing CEOsThe age of executive power is missing CEOs
The News President Donald Trump is meddling in corporate mergers. So is New York City Mayor Zohran Mamdani. Welcome to the age of executive power. The only thing missing are the CEOs. Big business has never been more politically salient, but the CEOs who sit atop it have rarely mattered ...
Wall Street awaits word on ‘Board of Investment’Wall Street awaits word on ‘Board of Investment’
Chinese investments into “non-strategic, non-sensitive” US companies would get fast-tracked regulatory approval under an agreement being ironed out in Beijing this week. “What we want to do is make sure that these investments don’t get referred” to the Committee on Foreign Investment in the US, the government body that reviews ...
AI is coming for (some) jobsAI is coming for (some) jobs
The AI future is here, but unevenly distributed. Doomsday predictions about AI’s jobs wipeout are overly influenced by tech companies and don’t reflect the reality that most companies don’t know how to use it, said Blair Effron, CEO of boutique investment bank Centerview. “A year and a half ago, I ...
Ukraine sees war gains despite renewed Russian strikesUkraine sees war gains despite renewed Russian strikes
Russia fired more than 1,500 drones against Ukraine over successive nights after a brief ceasefire, though the war appears to be tilting in Kyiv’s favor. Moscow’s offensive has stalled, with experts projecting Russia needs hundreds of years to conquer Ukraine at its current rate of progress. New analysis by the ...