Trump targets deals in pharma, AI, energy, mining before midterm elections
- 02-Oct-2025
Eli Lilly was asked to produce more insulin; Pfizer to produce more of its top-selling cancer drug Ibrance and its cholesterol drug Lipitor; and London-based AstraZeneca to consider a new headquarters in the U.S., according to two sources. Pharmaceutical executives are getting near-daily calls from staff at the White House – including Chief of Staff […]
US begins deporting hundreds of Iranians after rare deal with Tehran
- 01-Oct-2025
DUBAI/WASHINGTON: The first group of about 400 Iranians expected to be deported from the U.S. under President Donald Trump’s immigration crackdown were due to land in Qatar on Tuesday before flying to Tehran, a U.S. and an Iranian official said. The group included both convicted criminals and people who had entered the country illegally, said […]
FAW signs deal to acquire stake in Zhuoyu
- 22-Sep-2025
Chinese auto maker FAW (First Automotive Works) (000800.SZ), signed a deal to buy into local driving assistance technology firm Zhuoyu, the country’s market regulator said on Monday in a notice seeking public comment on the investment through October 1. FAW plans to acquire holdings now held by New Territory Technology Company. After the deal, FAW […]
Trump to sign executive order endorsing TikTok “divestiture deal”
- 22-Sep-2025
President Donald Trump will sign an executive order later this week that declares that a deal to divest TikTok’s U.S. operations from its Chinese owner Bytedance will meet requirements set out in a 2024 law, a White House official said on Monday. The United States is confident that China has approved the deal and does […]
Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal, Trump says
- 22-Sep-2025
WASHINGTON: President Donald Trump said on Sunday that media mogul Lachlan Murdoch and business leaders Larry Ellison and Michael Dell would be involved as U.S. investors in a proposed deal to keep TikTok operating in the United States. Trump has said that the U.S. and China have made progress on a deal requiring TikTok’s American […]
Trump pushes for Israel-Iran peace deal, citing India-Pakistan ceasefire
- 16-Jun-2025
NEW YORK: U.S. President Donald Trump said his administration is engaged in a diplomatic effort to defuse the Israel-Iran crisis, underscoring that the two Middle East rivals should make a deal like Pakistan and India did after his intervention last month. “Iran and Israel should make a deal, and will make a deal, just like […]
US, China reach deal to ease export curbs, keep tariff truce alive
- 11-Jun-2025
U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China’s export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences. At the end of two days of intense negotiations in London, U.S. Commerce Secretary […]
Skechers to be taken private for $9.42 billion
- 05-May-2025
Skechers has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry’s biggest buyout to date, at a time when the company grapples with the impact of steep U.S. tariffs. Investment firm 3G Capital has offered $63 per Skechers share in cash, the footwear brand said on Monday. That represents […]
Qatar, Bahrain ink massive $1.27 billion steel deal
- 11-Feb-2025
Qatar and Bahrain just signed a massive $1.27 billion steel deal, aiming to boost industrial cooperation and strengthen the steel sector in the region. The agreement, announced by Qatar’s Ministry of Commerce and Industry, will see Qatar Steel and Bahrain Steel supply five million tonnes of steel over five years. It explained that this strategic […]
Gentry Beach-led mining company inks deal in Pakistan
- 31-Jan-2025
White Bridge Mining, led by prominent US investor Gentry Beach, has signed a landmark agreement with the Apex Energy for the exploration and development of Placer Gold deposits. This agreement marks a major breakthrough in unlocking Pakistan’s vast, untapped mineral wealth—estimated at over $50 trillion—and integrating the country into global critical mineral supply chains. This […]