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The US Citizenship and Immigration Services has clarified that sole proprietors usually are not eligible for an L-1 foreign worker’s visa. The USCIS said that a sole proprietorship isn’t a separate authorized entity and due to this fact can not file a petition on behalf of its proprietor. However, a single-member limited liability company or a company with a single owner can file a petition as they are considered distinct authorized entities. The Biden administration plans to introduce changes to the H-1B foreign employee program to boost effectivity whereas maintaining the annual cap of 60,000 visas. The changes aim to streamline eligibility standards and supply extra flexibility to F-1 students, entrepreneurs, and nonprofit staff.

Arabian Business October 16-31, 2023

Evergrande moved its headquarters from Guangzhou to rented house in Shenzhen in 2017, however moved back to Guangzhou late final 12 months amid a debt disaster. FTX, which filed for bankruptcy earlier this month after a rush of buyer withdrawals, did not reply to a request for comment. The Silicon Valley Bank Financial filed a voluntary petition for a court-supervised reorganisation underneath Chapter eleven within the United States Bankruptcy Court for the Southern District of New York to hunt patrons for its property. Advancements in AI have made it possible to create deepfake videos and voices by which scammers write scripts to try and illegally get hold of others’ crypto. Embracing the blockchain revolution with ease, with user-friendly products tailored for companies venturing into the Web3 space. According to former FTX common counsel Can Sun, Bankman-Fried “was not surprised at all” that billions of dollars have been missing.

George Weah Again In Lead Forward Of Boakai In Liberia’s Presidential Race

India at present extended the restrictions on sugar export for an independent period in a move aimed toward rising the provision of the commodity in the home market through the festive season. The authorities is going to provide Tk ninety crore as an incentive this year to encourage the cultivation and manufacturing of hybrid sorts of rice in this year’s boro season. The Supreme Court’s Appellate Division yesterday modified the chairman of the audit committee of Delta Life Insurance Company Limited and gave the insurer one other two months to hold its annual common conferences for 2020, 2021 and 2022. Powdered drink mixes that are widely promoted as “toddler milks” for older babies and children up to age 3 are unregulated, pointless and “nutritionally incomplete,” the American Academy of Pediatrics warned Friday. American actor Meryl Streep on Friday acquired Spain’s prestigious Princess of Asturias Arts Award at a ceremony presided over by the Spanish royal household in the northern city of Oviedo.

The new business, which will cover Serbia and neighbouring countries including… The Albanese authorities this week confirmed the decision was made partially to protect Qantas’ profitability. I n all of Business News the turmoil Qantas has confronted over the past week and a half, its incoming CEO has been kept firmly out of the highlight. W hile digital funds are sooner and more convenient, the demise of cash comes with potential pitfalls.

Investigators say they discovered a leak of hydraulic fluid within the landing gear system on a FedEx airplane that was compelled to make an emergency landing this month in Chattanooga, Tennessee. October 17, 2023 • Scholastic created a separate honest class for diverse books, which it says is to assist schools navigate the complexities of guide bans. October 18, 2023 • The aerospace firm was hit hard by the COVID-19 pandemic that decimated demand for air journey.

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