U.S. President Donald Trump says a group of “very wealthy people” is ready to buy TikTok, but the deal will require China’s sign-off—despite looming deadlines under U.S. law.
U.S. President Donald Trump says he has found a buyer for TikTok, describing the group as “very wealthy people,” though he declined to name them, promising to reveal their identities in about two weeks.
Speaking in a Fox News interview, Trump said the deal would likely require approval from Chinese President Xi Jinping and expressed confidence that China would support it.
A 2024 U.S. law required TikTok to cease operations by 19 January unless its parent company, ByteDance, completes the divestment of the app’s U.S. assets or shows significant progress toward a sale.
Trump, who credits TikTok with helping him gain support among young voters in last November’s election, has extended the deadline three times—most recently to 17 September.
A deal had been in development earlier this year to spin off TikTok’s U.S. operations into a separate company controlled by American investors. However, it was put on hold after China signalled it would block the move in response to Trump’s imposition of steep tariffs on Chinese goods.
The Democratic Republic of Congo’s president has pledged to pursue justice for victims of the conflict in the east despite a peace deal with Rwanda,...
Factory activity across much of Asia weakened in June due to ongoing uncertainty over U.S. tariffs, though slight improvements in China, Japan, and So...
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its ei...
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urgi...
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a...
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
U.S. President Donald Trump on Monday sharply criticised the Federal Reserve, claiming America should be paying ultra-low interest rates similar to Japan and Denmark.
The US has authorised a potential $510 million sale of munitions guidance kits and related support to Israel, the State Department confirmed on Monday.
U.S. President Donald Trump has signed an executive order on Monday ending the U.S. sanctions programme on Syria, The White House confirmed.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolitical tensions that have tempered safe-haven demand.
The French Riviera town of Cannes will restrict large cruise ships from docking starting from January 2026, as part of new efforts to manage over tourism and protect local infrastructure.
Polish refiner Orlen will not buy Russian oil for its Czech refinery after 30 June, Chief Executive Ireneusz Fafara said on Monday. "We freed Central Europe from Russian oil today," Fafara stated.
Starting today, British car and aerospace manufacturers will benefit from significant tariff reductions when exporting to the United States, thanks to the implementation of a landmark UK-US trade agreement. This move is expected to safeguard thousands of jobs in the United Kingdom.
Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August improved supply expectations amid persistent uncertainty over the outlook for global demand.
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