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U.S. Secretary of State Marco Rubio said Thursday that the United States is designating two Ecuadorian gangs as foreign terrorist organizations in the Trump administration’s latest move against cartels.The announcement came as Rubio traveled to Ecuador to meet with its leaders in a trip to Latin America this week that has been overshadowed by a U.S. military strike against a similarly designated gang, Tren de Aragua. The strike has raised concerns in the region about whether the Trump administration will step up military activity to combat drug trafficking and illegal migration.The two new designees, Los Lobos and Los Choneros, are…
JUST as the inflationary heat is rising again in America, much of Asia is feeling a chill. Leave aside the hot spots – Japan and Bangladesh – and the average rate across the continent’s 10 biggest economies is a tame 1.3 per cent.Consumer prices have fallen outright in China, the biggest of all, and in Thailand. Other Asian economies, including the Philippines, are not far from deflation. Even in inflation-prone India, prices rose by just 1.6 per cent in the year to July, the slowest rate since 2017.In some Asian economies, inflation is within central bankers’ target ranges. But in…
Apple Pay Later is gone, but third-party buy now pay later offerings are now easily accessible and manageable in the Wallet app.There’s a new Pay Later option when adding a card in WalletThe service was shut down in 2024 after a short, rocky run. It never gained wide traction, and Apple quietly ended the service. But Apple hasn’t walked away from the “buy now, pay later” market.Instead, the company is handing customers to third-party providers like Klarna and Affirm, now fully integrated into the Wallet app. The new Wallet feature, called “Pay Later Options,” rolled out in September 2025 across…
Jon Jones officially announced his retirement from UFC on Saturday night.”This decision comes after a lot of reflection, and I want to take a moment to express my deepest gratitude for the journey I’ve experienced over the years,” Jones wrote on social media.”From the first time I stepped into the Octagon, my goal was to push the boundaries of what was possible in this sport. Becoming the youngest UFC champion in history, defending my title against some of the best fighters in the world, and sharing unforgettable moments with fans across the globe—these are memories I’ll cherish forever. I’ve faced…
U.S. chipmaker Texas Instruments said demand has cooled after a spike in April that was driven by customers rushing to place orders to get ahead of the “Liberation Day” tariff announcement. Shares of the company fell nearly 4 per cent on Thursday. Speaking at the Citi Global TMT Conference, TI finance chief Rafael Lizardi said January-to-April strength was partly due to tariff-induced market dynamics ahead of President Donald Trump’s April 2 tariff announcement.”But then things did slow down after April, or at least didn’t grow as they normally would have.” Lizardi also said TI has neither been approached about nor…
Published Thu, Sep 4, 2025 · 09:43 PM[NEW YORK] Wall Street opened mixed on Thursday (Sep 4) after a weaker-than-expected private payrolls report, while Salesforce shares dropped as the cloud company gave a downbeat revenue forecast.The Dow Jones Industrial Average fell 66.4 points, or 0.15 per cent, at the open to 45,204.87. The S&P 500 rose 8.3 points, or 0.13 per cent, to 6,456.6, while the Nasdaq Composite rose 42.2 points, or 0.20 per cent, to 21,539.91. REUTERS Share with us your feedback on BT’s products and services
SAN FRANCISCO — A federal judge on Tuesday ordered a shake-up of Google’s search engine in an attempt to curb the corrosive power of an illegal monopoly while rebuffing the U.S. government’s attempt to break up the company and impose other restraints.The 226-page decision made by U.S. District Judge Amit Mehta in Washington, D.C., will likely ripple across the technological landscape at a time when the industry is being reshaped by breakthroughs in artificial intelligence — including conversational “answer engines” as companies like ChatGPT and Perplexity try to upend Google’s long-held position as the internet’s main gateway.The innovations and competition…
Bob Pockrass FOX Motorsports Insider Will Power won’t return to Team Penske next season. That’s no surprise to anyone who follows INDYCAR but it’s still a little stunning to hear it definitively.Power earned 42 of his 45 career wins in his 17 years as a Team Penske driver. The 44-year-old Power — the 2014 and 2022 INDYCAR champion — ranks fourth all-time in career wins and first in career poles with 71.”I’ll always look back at my time at Penske, if I don’t go back, as one of the best times of my life,” Power said Sunday after the season…
Hello, this is Evelyn, writing to you from Hengdian, Zhejiang province.Locals are getting more excited about the stock market again. There’s much debate about what’s driving the gains, but there are signs of a deeper change afoot in what’s long been considered a more speculative market.Enjoy!This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Like what you see? You can subscribe here.The big storyChange doesn’t happen overnight, least of all in the mainland Chinese stock market that’s been compared to a casino due to its wild swings.It is, after all, a little over…
[SINGAPORE] The recent build-up of cash in Singapore’s money market is strengthening demand for the nation’s bonds, driving returns to near the highest in the region.The cost of borrowing in the interbank market fell to the lowest since June 2022 this week, after tumbling more than 70 basis points in August. Inflows driven by expectations of further currency strength, dwindling net bill sales and slower loan disbursals have enhanced the city’s cash levels, a mix that is likely to keep overnight rates subdued.Adding to the city’s cash levels are foreign investments into Singapore’s bonds, which are underpinned by the city-state’s…
