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CNN — Top US officials involved in high-level trade negotiations with China emerged from two days of talks touting “substantial progress” and appearing to confirm that a deal between the two countries had been reached, which could have massive implications for the global economy. “I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks,” Treasury Secretary Scott Bessent said in a brief statement Sunday in Geneva, Switzerland, where the talks were held, calling the negotiations “productive.” US Trade Representative Jamieson Greer indicated that an agreement had been reached Sunday,…
Kuwait to start implementing renewable energy project in 2025 with 4,800 MW total capacity: Minister
Chinese delegation in Kuwait to visit project’s site with completion eyed for 2028 KUWAIT: Kuwait intends to begin implementing Al-Shaqaya renewable energy project for electricity production this year, Minister of Electricity, Water, and Renewable Energy Sabah Al-Mukhizeem, announced Sunday. The project will have a total capacity of 4800 megawatts, representing approximately 26 to 27 percent of the country’s electricity production. Speaking on the sidelines of a sustainable energy conference in Kuwait, Al-Mukhizeem said that representatives of the Chinese side arrived in Kuwait Sunday morning and will visit the project site. He expressed his hope that the project would become operational in 2028. Minister Al-Mukhizeem…
Abu Dhabi, UAE CNN — Three energy-rich Gulf Arab nations are racing to turn their influence over Donald Trump into tangible gains with the president set to visit next week. They have built personal ties with the president and collectively pledged trillions in US investments while casting themselves as key intermediaries in conflicts Trump wants to resolve, from Gaza to Ukraine and Iran. Now, they’re being rewarded with the privilege of hosting Trump’s first state visit of his second term. The US president is set to land in Saudi Arabia on Tuesday, followed by visits to Qatar and then the…
CNN — With every game, the Colorado Rockies’ season seems to be getting worse. Now at 6-33, they have endured the worst start to the season since the Baltimore Orioles in 1988. Before that, you must go back to before baseball’s modern era, back to the 1884 Kansas City Cowboys and 1876 Cincinnati Reds, to find another team with such a bad record at this point in the season. And on Saturday, they had another historically bad night, succumbing to a 21-0 loss against the San Diego Padres at Coors Field. It was the Rockies’ worst ever shutout loss, the…
Michelle Monaghan, Leslie Bibb, and Carrie Coon in ‘The White Lotus’ on HBO. Courtesy: Fabio Lovino | HBOMedia companies are staring down widespread economic uncertainty as their annual pitch to advertisers and marketers kicks off.This week legacy entertainment giants including Comcast’s NBCUniversal, Fox Corp. and Warner Bros. Discovery will stage presentations to ad buyers about why they should commit money to their upcoming slates of sports, entertainment and news programming. Netflix and Amazon’s Prime Video are crowding the field holding their second annual Upfronts. Paramount Global held its presentations with advertisers and agencies last week.This year the stakes are high as chief…
Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California.Patrick T. Fallon | AFP | Getty ImagesCoinbase CEO Brian Armstrong said the crypto platform aims to become one of the biggest financial services companies in the world in a few years, aided by traditional players who continue adopting crypto at an accelerating rate.Asked on the company’s call with analysts this week if Coinbase plans to enter traditional finance, Armstrong said that rather than look backward, he “wants to look forwards and skate to where this opportunity is going.””Today, we’re…
A Social Security Administration office in Washington, D.C., on March 26. The Department of Government Efficiency (DOGE) is reportedly aiming to reform and downsize the agency.Saul Loeb | Afp | Getty ImagesThe Social Security Administration is under new leadership, after financial services executive Frank Bisignano was sworn in as commissioner this week.Bisignano’s confirmation follows a host of changes at the federal agency during the first 100 days of the Trump administration, many of them through the Department of Government Efficiency.For the approximate 73 million beneficiaries who rely on monthly Social Security checks, those changes may affect how they receive services…
Bayer Leverkusen are interested in replacing head coach Xabi Alonso with Cesc Fabregas, according to Sky in Germany.Alonso he announced he will leave the Bundesliga club at the end of the season ahead of his expected return to Real Madrid, taking over from his old boss Carlo Ancelotti. It is understood that Fabregas, currently head coach at Serie A side Como, is one of the names Leverkusen are considering, with RB Leipzig also interested in the former Chelsea and Arsenal midfielder. Sunday 11th May 2:20pm Kick off 2:30pm Fabregas is believed to have indicated his desire to leave Como despite…
Van Dijk and his teammates sealed the club’s 20th top-flight crown on a day for the ages when they beat Tottenham Hotspur 5-1 on April 27. And the Reds return to L4 this afternoon to host Arsenal in what is likely to be another special atmosphere. Writing in his column in the matchday programme, the captain says: “I can’t believe it has already been two weeks since we were confirmed as Premier League champions. Two weeks since that rollercoaster of emotions and that outpouring of sheer, collective joy at Anfield.”That was, without doubt, the best moment of my professional career.…
Editor’s Note: Watch CNN Original Series “Eva Longoria: Searching for Spain,” following the award-winning actress on a gastronomic pilgrimage across the rich tapestry of Spanish cuisine. The eight-episode series airs Sunday nights at 9p ET/PT on CNN. CNN — There are hundreds of varieties of garlic grown around the world. But Chinchón, a quiet, Spanish town about 40 minutes south of Madrid, is home to a special variety called ajo fino — one that, until recently, was at risk of disappearing. Miriam Hernández, head chef at the restaurant La Casa del Pregonero, is on a mission to preserve it. Ajo…