Commentary:Donald Trump's choice for the secretary of state is well placed to help shape the nuclear landscape of America's foreign policy. Mike Pompeo "is a true believer in Trump's world view, and a steady, influential figure in Washington," writes State Department veteran Peter Van Buren. "But whether he can help prevent a nuclear crisis will depend on whether he can be the link between Trump’s vision and the rest of the world or whether he will toady along as an enabler for an increasingly chaotic White House."
World
President Xi Jinping, China’s most powerful leader since Mao Zedong,will be re-elected to a second five-year term as president on Saturday by the rubber-stamp parliament, the National People’s Congress. Xi spent decades working his way up party and government ranks, but his consolidation of power since becoming head of the party in 2012 has been unprecedented. Reuters looks at some key dates in Xi’s life that highlight his rise to power.
Former Qualcomm Chairman Paul Jacobs has informed its board of directors that he will seek to partner with investment firms to make an offer for the U.S. semiconductor company, people familiar with the matter said.
Ten years after JPMorgan bought failing investment bank Bear Stearns, one of the first big harbingers of the financial crisis, investor views on U.S. banks are significantly brighter, although the sector may have already put its biggest gains behind it.
Hong Kong’s richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings, bringing to a close a rags-to-riches story that made him a hero in the freewheeling capitalist hub.
Deutsche Bank paid bonuses worth 2.3 billion euros ($2.83 billion) for 2017, four times higher than the previous year even as the German lender warned on costs for 2018 and reported a bigger 2017 loss than previously disclosed.
