
-
New Zealand hammer Pakistan by 43 runs to sweep ODI series 3-0
-
Myanmar quake death toll passes 3,300: state media
-
India's Modi in Sri Lanka for defence and energy deals
-
'No one to return to': Afghans fear Pakistan deportation
-
Fractious Republicans seek unity over Trump tax cuts
-
America's passion for tariffs rarely pays off, economists warn
-
Trump's global tariff takes effect in dramatic US trade shift
-
North Korea's Kim fires new sniper rifle while visiting troops
-
Norris fastest in McLaren 1-2 as fires again disrupt Japan GP practice
-
Vital European defence startups still facing hurdles
-
'I don't have a voice in my head': Life with no inner monologue
-
Pakistan chasing 265 to win shortened third New Zealand ODI
-
US soybeans, energy: Who is hit by China's tariff retaliation?
-
Green, Sengun lift Rockets over Thunder, Celtics clinch record
-
Ariya downs defending champ Korda to advance at LPGA Match Play
-
Ovechkin ties Gretzky's all-time record of 894 NHL goals
-
Under-pressure Doohan vows to learn from Japanese GP smash
-
Harman goes four clear at Texas Open
-
McLaughlin-Levrone, Thomas cruise to wins at opening Grand Slam Track
-
Russian strike kills 18 in Ukrainian president's home city
-
US cardinal defrocked for sex abuse dies at 94
-
Lula admits 'still a lot to do' for Indigenous Brazilians
-
England, Germany and Spain on mark in women's Nations League
-
Bayern's Musiala to miss Inter first leg with injury
-
Judge orders return to US of Salvadoran man deported in error
-
'Class' Freeman eases Northampton past Clermont and into Champions Cup quarters
-
Amadou of Malian blind music duo dies aged 70
-
Freeman hat-trick eases Northampton into Champions Cup quarters with Clermont win
-
Defiant Trump dismisses stock market's tariff plunge
-
Musiala injury sours Bayern win at Augsburg
-
Peruvian schoolkids living in fear of extortion gangs
-
Top seed Pegula rallies to oust defending champ Collins in Charleston
-
Amadou of Malian blind music duo Amadou & Mariam dies aged 70
-
California to defy Trump's tariffs to allay global trade fears
-
Bayern's Musiala subbed off with injury days out from Inter clash
-
Russian strike kills 16 in Ukraine leader's home city, children among dead
-
NBA fines Grizzlies' Morant for imaginary gun gesture
-
Trump tariffs offer opportunity for China
-
UK comedian Russell Brand charged with rape
-
Marsh, Markram help Lucknow edge Mumbai in IPL
-
Trump gives TikTok extra 75 days to find buyer
-
Israel attorney general accuses PM of 'conflict of interest' in security chief dismissal
-
Emery glad to see Rashford make landmark appearance
-
Sean 'Diddy' Combs faces more charges ahead of criminal trial
-
Russian missile strike kills 14 in Ukraine leader's home city
-
Trump's tariff Big Bang puts global economy under threat
-
I Am Maximus backed for National as Mullins hot streak continues
-
2014 World Cup winner Hummels to retire at season's end
-
Intercommunal violence kills dozens in central Nigeria
-
Nigerian, S. African music saw 'extraordinary growth' in 2024: Spotify
RBGPF | 100% | 69.02 | $ | |
SCS | -0.56% | 10.68 | $ | |
RELX | -6.81% | 48.16 | $ | |
NGG | -5.25% | 65.93 | $ | |
GSK | -6.79% | 36.53 | $ | |
BCC | 0.85% | 95.44 | $ | |
CMSC | 0.13% | 22.29 | $ | |
BTI | -5.17% | 39.86 | $ | |
CMSD | 0.7% | 22.83 | $ | |
RIO | -6.88% | 54.67 | $ | |
JRI | -7.19% | 11.96 | $ | |
BCE | 0.22% | 22.71 | $ | |
RYCEF | -18.79% | 8.25 | $ | |
AZN | -7.98% | 68.46 | $ | |
VOD | -10.24% | 8.5 | $ | |
BP | -10.43% | 28.38 | $ |

US lawmakers to vote on China competition bill
US lawmakers were due to vote Friday on a multibillion-dollar bill aimed at jumpstarting high-tech research and manufacturing, countering China's growing influence and easing a global shortage of computer chips.
The House Democrats' America Competes bill is their version of the $250 billion US Innovation and Competition Act that passed the Senate last summer with cross-party support.
The legislative push comes after the US Commerce Department warned that companies have an average of less than five days' worth of semiconductor chips on hand, leaving them vulnerable to shutdowns.
President Joe Biden wants to invest $52 billion in domestic research and production and, after sitting on the bill since June, House Speaker Nancy Pelosi recently listed the $350 billion package as a top priority.
"Together, we have an opportunity to show China and the rest of the world that the 21st century will be the American century -- forged by the ingenuity and hard work of our innovators, workers, and businesses," Biden said in a late January endorsement of the legislation.
Its passage into law would mark a win that Biden would love to be able to trumpet at his State of the Union address on March 1, although it will need to be married with the Senate version, which could take several weeks.
- 'Predatory trade' -
The White House sees the initiative as the main legislative tool to combat China's growing prowess.
Senior administration officials, including Commerce Secretary Gina Raimondo, have been pushing the House behind the scenes to move it quickly.
The 2,900-page House version is set to be controversial, however, as it includes proposals that are unpopular with Republicans and didn't appear in the Senate text.
House Republicans complain that much of the legislation was developed behind closed doors, without public hearings or consultations, and with no committee process.
They say it is weak on China, overly focused on unrelated issues like climate change, human rights and social inequality, and stuffed with Democrat-sponsored trade provisions they reject.
"This partisan bill does nothing to hold China accountable for its predatory trade practices, enforce President (Donald) Trump's historic agreement to stop China's cheating on trade, or counter China's trade aggression around the world," Kevin Brady, the top Republican on the House Ways and Means Committee, said in a statement.
He accused Biden of being "content to sit on the sidelines" while foreign countries block US farmers and businesspeople from competing on a level playing field.
- '3,000-page giveaway' -
"Democrats have jammed this nearly 3,000-page giveaway with billions of dollars of new trade assistance welfare and lavish health care subsidies that discourage the jobless from connecting to work," Brady added.
"They hold the world's poorest countries hostage to Green New Deal demands, and make it harder for American manufacturers to qualify for lower tariffs on products needed to compete and win, both here and abroad."
Democrats don't need House Republican support to pass the bill, but a unanimous rejection from the opposition will complicate its passage to Biden's desk.
It is destined for a "conference committee" to merge the bills from both chambers, with Senate Republicans especially influential since at least 10 of them will be needed to advance it from the upper chamber.
Republican Todd Young, the senior senator for Indiana, told reporters on Thursday he and his colleagues would send House Republicans "a much better option to vote on in the next couple of months."
"If instead the House had taken an approach using regular order, as we did in the Senate, with fulsome opportunity for bipartisan input, they'd have a better work product and they would have earned a lot of Republican votes," he said.
D.Lopez--AT