Trump Administration Proposes $103,265 Fee for New H 1B Visas
The Trump administration has proposed making a $103,265 fee for certain new H 1B visas permanent. The U.S. Department of Homeland Security published the proposal on Monday.The plan would keep…
Alibaba Shares Slide After $10.2 Billion AI Share Sale
Alibaba shares fell sharply in Hong Kong on Monday after the Chinese technology company launched a $10.2 billion share sale to finance its growing artificial intelligence business.Alibaba plans to sell…
Europe’s Electronic Waste Crisis Could Boost Critical Raw Material Supply
Europe is facing a growing electronic waste problem while also trying to reduce its dependence on imported critical raw materials. Millions of discarded devices contain valuable metals and electronic components…
Iran Blacklists 45 Tankers in Strait of Hormuz
Iran has blacklisted 45 tankers over alleged violations of its rules for crossing the Strait of Hormuz. The vessels could face fines, detention and cargo confiscation, according to Iran's Persian…
US Sanctions on Iran: Treasury Plans Tough New Measures
The US Treasury Department is expected to expand secondary sanctions against companies and countries that continue doing business with Iran, according to a person familiar with the plans. The move…
How Tether’s bitcoin mining plans in Uruguay unraveled
Tether’s plan to build bitcoin mining operations in Uruguay has collapsed after a dispute over electricity supply. This project has expected to bring investment and jobs.The cryptocurrency company announced the…
China Tax Crackdown Forces Wealthy Investors to Reassess Offshore Trusts
China is increasing its focus on offshore wealth as authorities tighten tax enforcement and monitor capital held outside the country.The new measures are pushing some wealthy Chinese investors to review…
Global Equity Fund Inflows Hit Three Week High Before Late Selloff
Global equity funds attracted their strongest weekly inflows in three weeks through August 19. Investors remained optimistic about corporate earnings and continued to put money into stocks across major markets.However,…
Tesla and Other Automakers Begin Record Vehicle Recall in China
China has launched its largest automotive recall campaign after safety concerns involving emergency door releases. Tesla and 10 other automakers will recall nearly 4.3 million vehicles across the country.The recalls…
Evergrande Founder Hui Ka Yan Sentenced to Life in Prison
Evergrande founder Hui Ka Yan has been sentenced to life in prison by a court in Shenzhen, China, after pleading guilty to eight financial crimes linked to the property developer's…
