Chinese airlines considering ordering hundreds of Airbus jets, Bloomberg News reports
June 4 (Reuters) - Chinese airlines are considering ordering hundreds of Airbus SE (AIR.PA), opens new tab aircraft as soon as next month, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Reuters could not immediately confirm the report.
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Scottish Sun
32 minutes ago
- Scottish Sun
Bitter Trump-Musk breakup forces allies to take sides as MAGA influencers quip Don's ‘not invited to Mars anymore'
LAWMAKERS have been forced to pick sides after President Donald Trump and Elon Musk's bromance came to a screeching halt. Democrats and Republicans are scrambling to pledge their allegiance after Musk called for Trump's impeachment and hurled unfounded accusations about the Epstein files. 7 Elon Musk's feud with President Donald Trump has left some MAGA loyalists picking sides Credit: Reuters 7 The feud erupted over Trump's 'big, beautiful bill,' which proposed stripping billions in government subsidies from Tesla Credit: AP 7 The drama unfolded when Musk disapproved of Trump's "Big Beautiful Bill," calling it a "massive, outrageous, pork-filled Congressional spending bill." Trump said the world's richest man was furious because the bill proposes stripping billions in government subsidies from Musk's electric vehicle company Tesla. The two exchanged digital blows with searing social media posts until late Thursday night, when White House aides were said to have scheduled a call between the bitter rivals. RECONCILIATION REJECTED Musk appeared to have offered a possible olive branch when he responded to a post on X from hedge fund manager Bill Ackman. Ackman called for reconciliation, "for the benefit of our great country," and said, "We are much stronger together than apart." In a telling reply, Musk said, "You're not wrong." Speaker Mike Johnson raced to try to get Musk on the phone to negotiate a peace offering. He said they were trying to nail down a time to chat, but haven't been able to iron things out yet. But that all fell apart on Friday morning when Trump blasted Musk again and said he wasn't interested in talking anytime soon. Despite glimmers of hope, politicians and thought leaders have rushed to pick sides and share their two cents on the matter. Trump crushes hopes of 'peace talks' call with Musk as he insists Elon has 'lost his mind' after feud went nuclear Though many of them have been quick to stick to President Trump, not everyone is falling in line. TRUMP SUPPORTERS RALLY Support for Trump was immediate and forceful as allies rallied around the president. Johnson, who oversaw the passage of Trump's "big beautiful bill" in the House that prompted Musk's initial shot across the bow when he called the legislation a "disgusting abomination," was among the first to come to the president's aid. "Look, I know all of you are very concerned about [Musk's] tweets, but I think the American people are concerned about things that really matter," Johnson told reporters Thursday. How did Musk and Trump's relationship crumble? ELON Musk and Donald Trump spent Thursday launching insults on social media as their relationship quickly went sour. The Tesla owner called for Trump's impeachment as the president hit back and warned the government could end all federal contracts with Musk's companies. Here's how it went down: On Tuesday, Musk tweeted that Trump's signature "big beautiful" spending bill was a "disgusting abomination" that would add billions to the federal deficit On Thursday in the Oval Office, Trump addressed Musk's criticism of the bill and accused Musk of trying to kill it because the bill ends federal subsidies for electric vehicles Musk responded by live-posting on X as Trump spoke, initially shrugging off the president's assessment with an unbothered "Whatever," before tearing into the bill's other spending provisions Trump escalated the feud after the Oval Office meeting with multiple posts on Truth Social, saying he told Musk to leave the White House instead of continuing to work with Doge and threatening to dump Musk's federal contracts, which are worth billions Musk fired back on X by saying he was "decommissioning" the Dragon spacecraft made by SpaceX that brought the stranded Nasa astronauts back from the International Space Station in March Musk also escalated the war of words by reposting and replying "Yes" to a tweet claiming that Trump should be impeached and replaced by Vice President JD Vance Musk further fanned the flames by claiming that Trump is named in the infamous "Epstein files" and making unfounded accusations that its the reason they haven't been released to the public. "That is making their taxes low, making their economy work, making the border secure, making energy dominance a big thing again, and that's what our bill is going to do." Johnson said he supported Trump's massive tax and spending cuts bill, and called it a "historic step forward." Vice President JD Vance rushed to his bosses aid and blasted "lies the corporate media tells about President Trump." "One of the most glaring is that he's impulsive or short-tempered," he wrote. "Anyone who has seen him operate under pressure knows that's ridiculous." White House Press Secretary Karoline Leavitt said the feud was an "unfortunate episode from Elon," adding that he wasn't happy with the bill because "it does not include the policies he wanted." "As a businessman, he has a right to speak for his companies, but as president, President Trump has a responsibility to fight for this country," she told Fox News. CJ Pearson, who is the co-chair of the Republican National Committee Youth Advisory, made it clear who had his vote and confidence. "I'll be on the side of the guy that took a bullet for his country. Simple as that," he told the Daily Mail. 7 Representative Thomas Massie, a Republican from Kentucky, slammed Musk's claims, but added that he should be respected Credit: Getty 7 White House Press Secretary Karoline Leavitt praised the 'big beautiful bill' when she was asked about the feud Credit: Splash EPSTEIN CLAIMS 'RIDICULOUS' Other Republicans fumed over Musk's unfounded claim that Trump is named in files on sex trafficker Jeffrey Epstein and should be impeached. Leader of the House Task Force on the Declassification of Federal Secrets, Anna Paulina Luna, said the Epstein accusation was bogus. "The fact is, I do not believe that President Trump is in the Epstein files," she said. Representative Thomas Massie, a Republican from Kentucky who Musk supported, disagreed that Trump should be impeached but added that he still respects the Tesla CEO. "This is the language Trump speaks in. [Musk] is speaking it back to him," he said. Meanwhile, Tennessee Representative Tim Burchett argued that if Trump were in the files, it would've already be used against him politically. "Honestly, if any of that stuff was true on Trump, don't you think the Biden administration would have brought it out? I mean, that's just ridiculous," he said. There's no evidence that Trump had any involvement in Epstein's crimes. 7 Vice President JD Vance blasted the 'corporate media' for portraying Trump as short-tempered Credit: AP MAGA INFLUENCERS CAUTIOUS MAGA influencers remain divided on the feud, including Emily Wilson, known as Emily Saves America, who said that she "doesn't agree with doing this publicly and it's not a good look for us… compared to Democrats, our party at least goes for it. "We go with what we think and feel, we don't just fall in line with each other. I feel like Democrats are all shady and do everything behind closed doors and eat their own." Raquel Debono, who runs Make America Hot Again, jokingly said: "I guess Trump's not invited to Mars anymore." However, activist Robby Starbuck said MAGA is stronger "with Trump and Elon working together," and hopes the two can come together. "Elon is right to want a balanced budget and Trump is right to want his signature legislation. "Remember, our founders in America did great things, often fought and later made up. "This doesn't need to be a breakup if they let cooler heads prevail." Meanwhile, podcaster Joe Rogan, who endorsed Trump as president, called for Musk's phone to be thrown away. 7 White House aides reportedly set up a phone call between Musk and Trump to clear the air, but it fell through Credit: AP DEMOCRATS DIVIDED ON MUSK PRAISE The feud has had some in the Democratic party praising Musk, which has earned the ire of Pennsylvania Senator John Fetterman. "The Dems, we've been dumping all over Musk and vandalizing Teslas or whatever, and now, suddenly, we might be more back into him," he said. Fetterman warned the party against fawning over the billionaire. "It wasn't that long ago that Tesla was like the virtue-signaling kind of accessory for Dems," he said. "I would never want to vandalize Teslas, and the 'big, beautiful bill' is wrong for America. So, from my perspective, I've just tried to be consistent through that." WHO'S STAYING QUIET Some key decision makers are keeping to themselves until tensions cool. "I'm staying out of it," Representative Don Bacon, a Republican from Nebraska, told NBC News. "There's a good verse in Proverbs, 'Stay out of fights.' I'm staying out of this one." Representative Richard Hudson, a Republican from North Carolina, said that he has faith the feud will "blow over." When he was asked whether the two would make up, he merely shrugged.
Daily Mail
41 minutes ago
- Daily Mail
Candidate emerges as HSBC hunts for new chairman
A former McKinsey boss turned Goldman Sachs banker has been tipped to replace Mark Tucker as chairman of HSBC. City sources told the Mail that Scottish-born Kevin Sneader has been approached about taking Tucker's job when he leaves in September to become chairman of Hong Kong-based insurer AIA. Sneader, 59, left his job as boss of management consultant giant McKinsey in 2021 following a string of crises. He is now president of Asia-Pacific at Goldman Sachs. It was announced last month that Tucker, 67, would retire by the end of 2025, ending an eight-year tenure at the helm of the bank's board. AIA confirmed he would start his role as non-executive chairman on October 1 – a move that sees him return to the group he led as chief executive for seven years until 2017.
Daily Mail
an hour ago
- Daily Mail
Report: Trump plans to save TikTok for a third time
Published: | Updated: President Donald Trump plans to save Tiktok from going dark for a third time. Ahead of a June 19 deadline, the president is expected to sign an executive order staving off enforcement of a law banning the app or forcing its sale, the Wall Street Journal reported. This would be the third extension since Trump took office on January 20th. The extension comes as Trump officials head to London for a Monday meeting with Chinese officials on a trade deal. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and United States Trade Representative Jamieson Greer will be meeting at the meeting. 'The meeting should go very well. Thank you for your attention to this matter!,' Trump wrote on his Truth Social account. He and Chinese President Xi Jinping spoke on the phone Thursday as both sides try to repair a breakdown in trade negotiations. Earlier this year, the administration had been working on a deal for American investors to take ownership of the popular video app but that deal fell victim to Trump's trade war with China . So, on April 4th, Trump signed an executive order granting a 75-day extension allowing TikTok to operate in the U.S. 'My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress. The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days,' he announced on Truth Social at the time. Several American companies have expressed interest in having a stake in Tiktok, including Amazon, Wal-Mart, and Oracle. TikTok is one of the most powerful media sources in America today. It has 135.79 million users in America, making it the country with the biggest audience on the map. It also has grown to be one of the largest online shopping marketplaces with millions of dollars in daily sales. Congress passed the TikTok ban in 2024 with overwhelming bipartisan support demanding China lose its control of the popular video service. Lawmakers had national security concerns that an app used by so many Americans was controlled by China and feared the Chinese company that owns, ByteDance, could use it as a way to collect information on Americans. TikTok fought the ban all the way to the Supreme Court, calling it a violation of free speech rights, but the court upheld the law in early 2025. ByteDance didn't agree to terms with any US-based companies and went dark for a few hours on January 19th, the day before President Trump's inauguration. But Trump has fought to keep the social media site operational in the US. After his inauguration, he signed a delay in implementing the ban, then extended it again in April and is preparing for the third extension. Trump sees the app as a way to reach younger voter. He has indicated he'd like to come to a deal. 'We'll probably have to get China's approval. China's never easy,' he said last week. 'I'd like to save TikTok. I mean, TikTok was very good to me.'
