Business

US hostage envoy Adam Boehler held direct talks with Hamas, aiming to secure the release of all civilians still held by the militants. He believes a deal could be reached within weeks despite Israel’s concern over the negotiations with the group.

White House economic adviser Kevin Hassett expressed optimism about resolving a dispute with Canada over fentanyl smuggling into the U.S. by the end of March. He indicated that the resolution could impact tariffs planned by President Trump, although confusion remains over the details and progress mentioned.

Fast-moving brush fires fueled by high winds burned through a large area of Long Island, New York, causing significant smoke and prompting evacuations. Gov. Kathy Hochul declared a state of emergency. Despite the containment of some fires, the wind continued to spread the blaze, threatening homes and prompting highway closures.

Wealthy Chinese investors are discreetly investing millions in Elon Musk’s private enterprises like SpaceX, xAI, and Neuralink via special-purpose vehicles to bypass U.S. scrutiny. This investment is driven by profit rather than technology transfer or influence, despite Musk’s established ties with Chinese officials.

A coalition of health ministers in the EU is pushing for reduced dependency on Asia, primarily China, for essential medicines. They urge the European Commission to incorporate the Critical Medicine Act into a broader security strategy, increasing domestic manufacturing and centralizing stockpiles to mitigate risks.