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WorkWorkWorkDonald Trump pledges to prevent Israeli annexation of the occupied West Bank - FT US President Donald Trump has promised Arab and Muslim leaders that he will not allow Israel to annex the occupied West Bank, a move Benjamin Netanyahu's government is considering in response to a number of countries formally recognising a Palestinian state this week.Trump made the pledge on Wednesday at a meeting on the sidelines of the UN General Assembly in New York, where Arab and Muslim leaders expressed their growing alarm at Israel's actions across the Middle East and pressed him to rein in Netanyahu and help end the war in Gaza. WorkUS debt investors raise alarm over lending standards - FT US debt investors have raised the alarm over lax lending standards in credit markets after the unravelling of two companies that just weeks ago were deemed to be in strong health.The failure of subprime auto lender Tricolor Holdings at the start of this month followed by the exploration of bankruptcy proceedings by car parts supplier First Brands Group have wrongfooted investors.Tricolor had won pristine triple-A ratings as it borrowed in credit markets, while First Brands may have amassed as much as $10bn in debt and off-balance sheet financing and was close to raising even more last month. WorkTop Federal Reserve official warns against quick series of rate cuts - FT A top Federal Reserve official has warned against rushing towards a series of rate cuts, saying a sharp slowdown in the jobs market is not a sign that a recession is looming.Austan Goolsbee backed the quarter-point reduction to US borrowing costs at last week's Federal Open Market Committee meeting. But the Chicago Fed president told the Financial Times that he could be less willing to support further cuts at forthcoming policy votes. WorkDelta replaces engine units in effort to address toxic-fume surge on planes - WSJ A Delta Airbus A320 arriving in Los Angeles earlier this year.Delta Air Lines is replacing power units on more than 300 of its Airbus jets in an effort to stem cases in which toxic fumes have leaked into the air supply and led to health and safety risks for passengers and crew.The move is one of the most aggressive efforts by a major U.S. airline to address what in recent years has increasingly become a hidden hazard of modern air travel. WorkWork WorkWorkWorkWork WorkWorkWorkWork WorkStart-up Modular raises $250mn to challenge Nvidia's software dominanance - FT A team of Silicon Valley veterans who previously worked at Apple and Google has raised $250mn to challenge Nvidia's dominance of the software tools used to programme artificial intelligence chips.Palo Alto-based Modular, which is building an alternative to Nvidia's Cuda software that has been vital to keeping customers locked to the chipmaker's AI products, announced it has received the new investment at a $1.6bn valuation on Wednesday. WorkFormer GSA employees receive reinstatement offers Hundreds of General Services Administration (GSA) employees laid off earlier this year have received offers to return, The Associated Press reported Tuesday. The former employees have until the end of this week to accept the offer from GSA, and would restart work at the agency on Oct. 6. The GSA constructs, manages and preserves government... WorkWork WorkWorkWorkWorkWorkWhy British bond yields are higher than elsewhere - The Economist Rachel Reeves could be forgiven for dreading Labour's party conference in Liverpool, which kicks off on September 28th. MPs will lobby the chancellor for money in November's budget. Sweaty-palmed lobbyists will ply her over cheap prosecco, pleading against tax rises. But the crowd that most scares Ms Reeves will not be physically present at all. Bond traders will monitor events from afar, ready to push yields ever higher at the mere hint of fiscal profligacy. WorkWorkWill Dubai's super-hot property market avoid a crash? - The Economist It is difficult, in Dubai, to avoid the enthusiasm for property. Not a day goes by without the announcement of a new development. Home advertisements are plastered across billboards. The ever-expanding urban sprawl and skyline betray the heady activity. So does the traffic. New arrivals raise prices, and clog the roads.According to Deutsche Bank, the price per square metre of a flat in the heart of the city has risen by 122% over the past five years--second only to Riyadh in the 69 urban areas tracked by the bank. WorkInstagram As You Knew It Is Dead. Get Over It. - Business Insider Instagram is becoming even more Reels-centric with a new home screen navigation, cementing its shift away from being a place to post personal photos for friends.You might not like this. But we'll get through it.It's OK to mourn an app that you once loved. People miss MySpace and old Tumblr. I still believe GroupMe was the best group messaging app I've ever used. Embarrassing to admit it, but I still miss old Twitter. WorkTrump's H-1B Overhaul Could Kneecap Startups in the Talent Wars - Business Insider For US startups, the past few days have felt like whiplash. President Donald Trump's $100,000 H-1B fee threw founders and their employees into chaos, and a fresh proposal to overhaul the visa lottery has left founders fearing they can't compete with deep-pocketed Big Tech companies for talent. Now, some young companies have frozen hiring as they scramble for clarity."We had an employee who's been approved for H-1B, but he's abroad, so we were very scared for him," Aizada Marat, founder and CEO of Alma, a legal tech startup that advises startups on visa issues, told Business Insider. "He was supposed to fly in, and we said, 'Let's pause everything, let's get more clarification.'" WorkXi sets out conservative climate goal for China over next decade - FT China will cut its greenhouse gas emissions by up to 10 per cent and increase renewable energy capacity six-fold within a decade, President Xi Jinping announced in a new climate plan, along with a thinly veiled swipe at the US.The climate goal was described as "both underwhelming and transformative", with experts having hoped that the world's largest emitter and second-biggest economy would set a target at least in the mid-teens. WorkUS shale bosses decry 'chaos' in Trump administration's energy policy - FT Donald Trump's tariffs and drive to slash oil prices are "kneecapping" the US shale sector, chilling investment and risking reprisal against the industry, executives have warned.Immediately after entering the White House, the president declared a "national energy emergency", pledging to "drill, baby, drill" and pass on lower energy costs for consumers.But bosses told a survey by the Federal Reserve Bank of Dallas that the administrations's support for low prices, levies on crucial goods and chaotic decision-making is scaring off investors and increasing costs. The report is often a source of surprisingly frank assessments of US energy policy because executives are allowed to provide responses anonymously. WorkInside the White House struggle to tame the Epstein crisis - WSJ President Trump had reached his limit.It was mid-July, and some of his longtime allies were whipping up the audience at a conference in Tampa by complaining that his administration wasn't delivering the real story on Jeffrey Epstein, as his aides had promised."How many of you are satisfied--you can clap--with the results of the Epstein investigation?" Fox News host Laura Ingraham asked on the first day of the event organized by Turning Point USA, the group co-founded by Charlie Kirk. The crowd erupted in boos and shouts of "not satisfied." WorkWorkWorkWorkWorkWorkWorkTrump shock spurs Japan to think about the unthinkable: nuclear armsIn Japan and South Korea there is deepening concern over the reliability of long-time American security guarantees - whether the U.S. will come to their aid in the event of a war. This has been turbo-charged by Donald Trump's tough treatment of traditional U.S. allies, which has some in Tokyo and Seoul calling for a reassessment of their non-nuclear policies. WorkWorkWorkTunnel vision: how Israel is using archaeology to win US support for goals In fact, the artefacts were from multiple periods, connected to multiple civilisations and faiths. "It is an odd characterisation," Arad said. "I don't know what the motivation of Cogat was. I can only assume that it is because Israel is still attempting to maintain its foreign relations with the Christian evangelist church in the United States." WorkWorkFixing the rot in Ukraine - The Economist EVERY TIME Volodymyr Zelensky meets Donald Trump, Ukraine's friends hold their breath. Will America's president choose to be Ukraine's supporter or its scold? When the two men saw each other in New York on September 23rd, Mr Trump was widely presumed to have shifted his support towards Ukraine. He later urged it to recapture all the territory it has lost to Russia. In fact, he was more likely to have been washing his hands of the war. If so, Ukraine and its European allies will have to withstand Russia alone. WorkWorkWorkWorkWork TradeBriefs Publications are read by over 100,000 Industry Executives About Us | Advertise | Privacy PolicyUnsubscribe You are receiving this mail because of your subscription with TradeBriefs.
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