Musk, far from repudiating the president, got so excited while celebrating Trump’s return that he gave a crowd two straight-armed gestures that looked to some observers like fascist salutes (Musk described this suggestion as “dirty tricks”).
Donald Trump’s return to the White House has put more than $300bn of potential federal infrastructure funding at risk, US investors said, as they grappled with the scale of his move to unpick Joe Biden’s climate agenda.
Trump signed a slew of executive orders that initiated the US withdrawal from the Paris climate accords and WHO, ordered troops to the border with Mexico, pardoned about 1,500 January 6 rioters and restarted permitting for natural gas export terminals. He also rescinded 78 Biden-era directives.
Good morning. Donald Trump had a busy first full day back in the Oval Office, as the US president kicked off massive shifts in the country’s economic infrastructure. Here are the key changes.
“The golden age of America begins right now,” Trump says as he begins his inaugural address. European Commission president Ursula von der Leyen and EU Council president António Costa have congratulated Donald Trump on his inauguration as US president.
Good morning. This isn’t a US politics newsletter — sign up to the excellent White House Watch for all of that — but British politics will, inevitably, be hugely shaped by Donald Trump’s second term as president. That poses political risks and opportunities to the UK’s main parties — as discussed below.
In this challenge, Deutz, one of the world’s oldest engine makers, has found an opportunity. Frankfurt-listed, Cologne-based Deutz is positioning itself to offer back-up power and microgrid solutions for data centres and other companies ravenous for energy, with a special focus on the US.
Plus, Davos delegates seek collaboration, Belarus runs a predictable election and darts player Luke Littler turns 18
Netflix added a record 19mn subscribers in the fourth quarter, fuelled by live sports. US stocks rallied while currencies swung the day after Donald Trump’s inauguration, and TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025. Plus, Chinese citizens’ doubts grow over the government’s economic growth claims.
This is an audio transcript of the Behind the Money podcast episode: ‘Not everyone will win in Trump’s M&A revival’ Michela Tindera Since Donald Trump won the US presidential election, there has been a lot of talk on Wall Street about the return of animal spirits. People are excited for a deals and M&A comeback.
Given the all-out declaration of global trade war we feared, it wasn’t actually the worst possible outcome: the first two days of Donald Trump’s presidency saw only the US’s