Productive talks held to boost US investment, create jobs: Mahdi Amin

Productive talks held to boost US investment, create jobs: Mahdi Amin

Prime Minister Tarique Rahman held a meeting with a 50-member delegation of the US-Bangladesh Business Council on Thursday to discuss ways to increase US investment in Bangladesh, create jobs and accelerate economic growth. The meeting was held at the Prime Minister's Office (PMO) in Bangladesh Secretariat around 9:30am. Speaking to reporters after the meeting, PMO Spokesperson Mahdi Amin described the discussions as “highly productive and effective”, saying detailed and positive talks were held on how the US private sector could help boost foreign investment, create new employment opportunities and accelerate Bangladesh's economic progress. PM urges US businesses to ‘invest with confidence’, build long-term partnership Representatives from leading US businesses took part in the meeting, which focused on expanding US investment in Bangladesh and further strengthening the long-standing trade and economic ties between the two countries. ​Mahdi Amin, also Prime Minister’s adviser, said the meeting also discussed how the US private sector could contribute to implementing the government's election manifesto and various policies. The US businesses...
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Union warns US private equity giant over easyJet jobs following £5.7bn takeover

Union warns US private equity giant over easyJet jobs following £5.7bn takeover

X Register for free to receive latest news stories direct to your inbox Register The union Unite has warned private equity firm Apollo that its £5.7bn takeover of easyJet, which is Bristol Airport’s largest operator, must protect jobs and union agreements. The airline accepted Apollo’s offer last week, prompting concern over the future of easyJet’s 19,000 employees. easyJet employs more than 650 crew members at its base in Bristol Airport, which is its largest outside of London. Unite represents thousands of cabin crew at the budget carrier and says it has begun engaging with legal counsel over the deal. Sharon Graham, Unite general secretary, said: “Apollo has made broad statements about growing the business and working with its employees, however these warm words need to be translated into reality. Its growth strategy must translate into well-paid, unionised jobs and existing roles must be protected.” She added: “Our members will always be our top priority at easyJet. Unite is committed to vigorously defending their jobs, pay and terms and...
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Howard Lutnick says auto tariffs are bringing manufacturing jobs to US

Howard Lutnick says auto tariffs are bringing manufacturing jobs to US

Commerce Secretary Howard Lutnick discusses how America is rebuilding its automobile manufacturing industry through policy on 'Kudlow.' Ford is preparing to expand U.S. production of Lincoln vehicles as the automaker moves toward ending imports from China for American customers, a move Commerce Secretary Howard Lutnick highlighted while discussing the Trump administration's push to expand domestic manufacturing. Lutnick joined FOX Business' Larry Kudlow on "Kudlow" to discuss the Trump administration's auto tariffs and efforts to expand domestic manufacturing. U.S. Commerce Secretary Howard Lutnick speaking during a roundtable. (Eric Lee / Getty Images) "They're bringing their manufacturing home," Lutnick said. "Ford is going to rock us with bringing manufacturing back to America."Ford plans to expand U.S. production of Lincoln vehicles beginning in 2030 and eventually stop importing vehicles from China for the luxury brand’s American customers. The company expects the expansion to generate thousands of direct and indirect U.S. jobs, but has not disclosed how much it plans...
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Ontario PCs Protecting Local Jobs from U.S. Tariffs – PC Party of Ontario

Ontario PCs Protecting Local Jobs from U.S. Tariffs – PC Party of Ontario

With President Trump’s tariffs and tariff threats creating uncertainty for workers, businesses and communities across Ontario, Doug Ford and our Ontario PC team are taking action to protect local jobs and strengthen our economy. Our government has put forward $30 billion in tariff relief, supports and measures to help Ontario businesses compete, grow and keep people working. That includes the $40 million Trade-Impacted Communities Program, which is helping communities strengthen their local economies, diversify supply chains and build new trade partnerships. We’re also investing $150 million through the Ontario Together Trade Fund to help Ontario companies expand their capacity, reach new markets and bring critical supply chains back home. Already, the Ontario Together Trade Fund has helped support 89 companies investing nearly $1 billion, protecting and creating more than 10,000 jobs across the province. At a time of global economic uncertainty, Doug Ford and our Ontario PC team are focused on what matters: protecting Ontario workers and their paycheques. That means lowering costs, cutting red tape,...
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Raja Krishnamoorthi Warns $100,000 H-1B Fee Could Push US Jobs Overseas

Raja Krishnamoorthi Warns $100,000 H-1B Fee Could Push US Jobs Overseas

WASHINGTON — Indian-American Congressman Raja Krishnamoorthi is warning that a $100,000 fee on new H-1B visas could backfire on the U.S. economy by encouraging companies to move high-skilled work overseas instead of hiring foreign professionals in the United States. “You can either onshore the talent or offshore the work,” Krishnamoorthi said during an episode of the “Spill the Tea” interview series. “These companies are not going to just sit by and not do the work.” The Illinois Democrat made the remarks while discussing obstacles in the legal immigration system and the potential impact of the new fee. Indian nationals accounted for 71 percent of H-1B visas issued in fiscal 2024, making the policy particularly significant for Indian professionals and the Indian-American community. Krishnamoorthi argued that U.S. competitiveness depends on continuing to attract highly skilled workers from around the world. “Our competitiveness depends on attracting the very best talent on earth. Whether it’s people from India or China or Sweden. It...
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