Author: Press Room

President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on Friday that he had been in touch with Xi Jinping, China’s president, even as Chinese officials insisted that no negotiations were occurring.In an interview with Time on Tuesday, Mr. Trump said Mr. Xi had called him, though he declined to say when, and asserted that his team was in active talks with China on a trade deal. Asked about the interview outside the White House on Friday morning, the president reiterated that he had spoken with the Chinese president…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mohsin Issa, the co-founder of petrol station chain EG Group, is stepping down as the company’s chief executive ahead of the group’s planned initial public offering.Russell Colaco, the UK-headquartered company’s current chief financial officer, has been appointed as Issa’s replacement, it said on Friday.The chain, which is co-owned by UK private equity firm TDR Capital, Issa and his brother Zuber, has been exploring a listing in New York after offloading the majority of its UK business to Asda. The supermarket group is…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Slovakia has revived a corruption probe into its central bank governor Peter Kažimír, after a judge ruled that reforms introduced by his old political ally Prime Minister Robert Fico did not exempt the banker from prosecution.Friday’s ruling contradicts a November decision that was expected to shield the banker from action by prosecutors under a shortened statute of limitations introduced in the prime minister’s controversial criminal code overhaul. Kažimír is suspected of acting as an intermediary in a bribe while finance minister in…

See what hat you are through this personality quiz.Then share your results with friends. 

Legendary trumpeter Herb Alpert celebrated his 90th birthday last month by taking the stage at Jazz at Lincoln Center with a new iteration of the Tijuana Brass, marking his return to the iconic group format for the first time in 40 years.The milestone performance coincides with the 60th anniversary of his landmark album “Whipped Cream & Other Delights,” which spent eight weeks at No. 1 after its 1965 release and helped define the sound of the era.”It has been overwhelming. I didn’t realize I’d get this much attention at 90,” Alpert said.Alpert’s distinctive brass sound, inspired by bullfights in Tijuana,…

A person works at the Amazon warehouse, busy on Prime Day, in Melville, New York, July 11, 2023.Soren Larson | ReutersFor 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most of his products are manufactured in China.Cordovez, co-founder of Zulay Kitchen, said his company is moving “as fast as we can” to move production to India, Mexico and other markets, where tariffs are increasing under President Donald Trump, but are mild compared with the levies imposed on goods from China. That process will likely take at least a year or two…

Robert Douglas, who built the Black Dog Tavern on Martha’s Vineyard and transformed its logo of his Labrador-boxer mix into an international emblem for summertime, died on Wednesday at his family’s home on the island. He was 93.His son Jamie Douglas said the cause was prostate cancer.Robert Douglas moved to Martha’s Vineyard in 1960 after growing up spending summers on the Massachusetts island with his family, falling in love with its maritime culture — and hoping he would eventually be the one waving goodbye to summer visitors from the shoreline as they took the ferry back to the mainland.Mr. Douglas…

NEWYou can now listen to Fox News articles! Colorado football coach Deion Sanders and his son Shedeur Sanders, a projected first-round pick, seemingly threw shade at veteran NFL quarterback Joe Flacco on Thursday night – despite being skipped over by all 32 teams on the first day of the 2025 NFL Draft.The biggest storyline, heading into Thursday, was which team would draft the former Colorado standout. The New York Giants, New Orleans Saints and the Pittsburgh Steelers were among the biggest contenders.  Colorado quarterback Shedeur Sanders celebrates after an overtime victory over Baylor in an NCAA college football game on Saturday, Sept.…

Vancouver, Canada – When Leslie Macfarlane found out she and her husband were being evicted from a mobile home park in a Vancouver suburb last year, she said she felt “absolute rage” – then fear. Her home was set to be demolished as part of a huge low-rise apartment complex redevelopment. The 67-year-old retiree knew how difficult it would be to find rental housing in the notoriously expensive Lower Mainland region. She predicted correctly: Her housing hunt proved futile. “We couldn’t afford anything,” Macfarlane told Al Jazeera. The couple’s housing costs would have almost tripled, rocketing from about $1,100 to…

The FBI on Friday arrested a Wisconsin county judge on obstruction charges, accusing her of preventing the arrest of a man by immigration authorities during a federal law enforcement operation at her courthouse.FBI Director Kash Patel said Milwaukee County Circuit judge Hannah Dugan “intentionally misdirected federal agents away” from an immigrant who is in the U.S. illegally and was set to be arrested. Patel said that the man, Eduardo Flores Ruiz, was later arrested and is currently being detained. Dugan was arrested at 8 a.m. on Friday at the courthouse where Dugan works, according to a federal law enforcement source. She was…